freetrade vs AxiTrader, for 2024
Read our In-Depth freetrade vs AxiTrader Review - Updated for 2024
This review comparing freetrade and AxiTrader has been refreshed for 2024 by seasoned professionals boasting extensive expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs AxiTrader 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 trading platforms has a few pros and cons, so a complete review of freetrade and AxiTrader should not be regarded as thorough without adopting a balanced approach.
Examine AxiTrader and freetrade to understand the way they line up with one another prior to you make an account. Conducting a comprehensive comparison helps to place factors in perspective to ensure that you remain aware of the expectations.
So you are looking for a reputable broker and are choosing between freetrade or AxiTrader. Who is better in 2024?
Our 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 realm of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all of the concepts of brokerage as you continue trading. For starters, you need to choose the right agent who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. freetrade and AxiTrader are two such companies that will take you and your investment into great heights. It is crucial to compare freetrade vs AxiTrader before 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 will need to know about trading using either freetrade or AxiTrader. A good agent can multiply your first investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you select them. It is a common misconception that all brokers will be the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and AxiTrader are both brokers that have paved their way successfully into the broker world. Within this review, we've tried to collate some of the vital aspects of both freetrade and AxiTrader. This review will allow you to understand whether either AxiTrader or freetrade is a fantastic match for your own investments or not. We've attempted to breakdown all the qualities 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 has around 115 financial instruments while AxiTrader has around 115 financial instruments on their platform.
The more 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 should never 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 your broker easily is vital. freetrade and AxiTrader have the following contact details and social medias that you can use.
|+44 203 488 2539
|+61 2 9965 5830
|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
|freetrade YouTube Channel
|AxiTrader YouTube Channel
|Find Out More
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.
In this part of our comparison of freetrade and AxiTrader we'll check whether either of their mobile apps tick all the boxes.
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.
While most brokers are good at this, there are some poor ones. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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
freetrade have won numerous industry awards over the time they have been operating as an online broker. We detail the most recognised awards for freetrade here.
AxiTrader have won several industry awards over the years they have been operating as an online trading platform. We show the most recognised awards for AxiTrader here.
|Find Out More
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 circumstances, 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 option.
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 set of rules for ensuring honest trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare freetrade vs AxiTrader Commission And Fees
freetrade and AxiTrader are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the number of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly three types of fees for this objective.
The first sort of charges to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In these cases, you are spending a spread, financing rate, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people that are charged when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither freetrade or AxiTrader charge high fees compared to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by freetrade and AxiTrader are relatively higher. As a result, you are billed more for non-trading activities on your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This freetrade vs AxiTrader review for 2024 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And AxiTrader
What Languages Do freetrade And AxiTrader Support?
Being able to communicate completely with your online platform is a key element when comparing online brokers to find the best trading partner. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find all the languages that both freetrade and AxiTrader support.
How Many Clients Do freetrade and AxiTrader Have?
Both freetrade and AxiTrader are well known and trusted. It is really 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 customers 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 whilst AxiTrader offers 100.
Below you will find a full breakdown of what both freetrade and AxiTrader offer.
freetrade vs AxiTrader:
Table Of Contents
- Compare freetrade vs AxiTrader
- Benefits of freetrade and AxiTrader Compared
- AxiTrader and freetrade Mobile App Comparison
- freetrade vs AxiTrader - Awards
- freetrade vs AxiTrader - Frequently Asked Questions
- What is the minimum deposit for AxiTrader or freetrade
- freetrade vs AxiTrader - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And AxiTrader
- What Languages Do freetrade And AxiTrader Support?
- How Many Clients Do freetrade and AxiTrader Have?
- What Payment Methods Do freetrade and AxiTrader Accept?
- What Can You Trade With freetrade and AxiTrader?