freetrade vs AxiTrader, Who's The Best?
Read our In-Depth freetrade vs AxiTrader Review - Updated for 2023
This freetrade vs AxiTrader review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this freetrade vs AxiTrader review does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
AxiTrader Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs AxiTrader
Every online trading platform will have some ups and downs, and no freetrade and AxiTrader review would be complete without having a balanced approach. Compare freetrade and AxiTrader to understand how they line up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between freetrade or AxiTrader. Which one is best in 2023?
This freetrade vs AxiTrader comparison contains the most recent information so you can easily compare AxiTrader against freetrade.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll acquire proficient at all the concepts of broker as you continue trading. For starters, you have to choose the right broker who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. freetrade and AxiTrader are two such stages which will take you and your investment to great heights. It's important to compare freetrade vs AxiTrader until you trust them with your cash.
Our freetrade vs AxiTrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and AxiTrader side by side.
Our full freetrade vs AxiTrader Review covers everything you need to learn about trading with either freetrade or AxiTrader. A fantastic broker can multiply your first investments and give you positive profits. If you want to make profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to ensure profits; thus, you should carefully assess your broker before you choose them. It's a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
freetrade and AxiTrader are both brokers which have paved their way successfully to the brokerage world. In this review, we've tried to collate some of the vital facets of both freetrade and AxiTrader. This review can allow you to know whether either AxiTrader or freetrade is a good fit for your own investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of freetrade and AxiTrader Compared
freetrade offers a minimum deposit of $0 while AxiTrader has a $0 minimum deposit.
Why smaller minimum deposits are good and how freetrade and AxiTrader compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
freetrade allows you to trade around 115 financial instruments whilst AxiTrader allows you to trade around 115 on their platform.
The more financial instruments you can trade on the freetrade and AxiTrader trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of freetrade or AxiTrader.
freetrade and AxiTrader Contact Details
Being able to contact an online trading platform simply is vital. freetrade and AxiTrader have the following contact details and social medias that you can use.
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| Broker | freetrade | AxiTrader |
| Telephone Number | +44 203 488 2539 | +61 2 9965 5830 |
| hello@freetrade.io | service@axi.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 36 - 38 Leadenhall St, London, Greater London EC3A 1AT |
| freetrade Twitter Account | AxiTrader Twitter Account | |
| freetrade Facebook Page | AxiTrader Facebook Page | |
| freetrade Instagram Account | AxiTrader Instagram Account | |
| freetrade LinkedIn Page | AxiTrader LinkedIn Page | |
| YouTube | freetrade YouTube Channel | AxiTrader YouTube Channel |
| Find Out More |
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AxiTrader and freetrade Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing freetrade and AxiTrader will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
freetrade vs AxiTrader - Awards
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| Broker | freetrade | AxiTrader |
| Awards |
freetrade have won a lot of industry awards over the time they have been running as an online trading platform. We list the most recognised awards for freetrade here.
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AxiTrader have won a lot of industry awards over the years they have been operating as an online trading platform. We detail the most notable awards for AxiTrader here.
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| Find Out More |
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freetrade vs AxiTrader - Frequently Asked Questions
freetrade vs AxiTrader - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
AxiTrader was founded in 2007 and has its headquaters in Australia.
What is the minimum deposit for AxiTrader or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for AxiTrader is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and AxiTrader are a good choice.
freetrade vs AxiTrader - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
AxiTrader is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA).
Both freetrade and AxiTrader have a strong collection of rules for ensuring honest trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare freetrade vs AxiTrader Commission And Fees
freetrade and AxiTrader are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of fees for this objective.
The first kind of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you're spending a spread, funding speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for longer than daily.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither freetrade or AxiTrader charge high fees compared to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by freetrade and AxiTrader are comparatively competitive. Consequently, you are billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These aren't related to the sale and purchase of assets.
This freetrade vs AxiTrader review for 2023 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And AxiTrader
What Languages Do freetrade And AxiTrader Support?
Being able to chat easily with your online broker is a key element when comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both freetrade and AxiTrader support.
How Many Clients Do freetrade and AxiTrader Have?
Both freetrade and AxiTrader are well established with their customer base. It is important to work with an online broker you can trust and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients freetrade and AxiTrader are working with
What Payment Methods Do freetrade and AxiTrader Accept?
freetrade and AxiTrader both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at freetrade and AxiTrader
What Can You Trade With freetrade and AxiTrader?
freetrade offers 115 trading instruments and AxiTrader offers 100.
Below you will find a full breakdown of what both freetrade and AxiTrader offer.
Compare freetrade To All Other Brokers
Compare AxiTrader To All Other Brokers