freetrade vs BDSwiss, Updated for 2023
Read our In-Depth freetrade vs BDSwiss Review - for 2023
This freetrade vs BDSwiss 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 BDSwiss 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.
BDSwiss Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs BDSwiss
Every online trading system will have some pros and cons, and no freetrade and BDSwiss review would be complete without having a balanced approach. Compare freetrade and BDSwiss 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 BDSwiss. Who should you choose?
This freetrade vs BDSwiss comparison contains the latest information so you can easily compare BDSwiss against freetrade.
If you are a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. freetrade and BDSwiss are two such stages which will take you and your investment to great heights. It is crucial that you compare freetrade vs BDSwiss until you trust them with your money.
Our freetrade vs BDSwiss comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and BDSwiss side by side.
Our full freetrade vs BDSwiss Review covers everything you will need to learn about trading using either freetrade or BDSwiss. A good broker can multiply your first investments and provide you favorable profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire way to ensure profits; thus, you must carefully assess your agent before you choose them. It's a frequent misconception that all agents are the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and BDSwiss are both brokers which have forged their way successfully to the broker world. Within this review, we have tried to collate some of the vital facets of both freetrade and BDSwiss. This review will allow you to understand whether either BDSwiss or freetrade is a good fit for your own investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of freetrade and BDSwiss Compared
freetrade has a minimum deposit of $0 while BDSwiss has a $500 minimum deposit.
Why smaller minimum deposits are good and how freetrade and BDSwiss 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 whilst BDSwiss allows you to trade around 115 on their platform.
The more financial instruments you can trade on the freetrade and BDSwiss 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 BDSwiss.
freetrade and BDSwiss Contact Details
Being able to contact a broker easily is important. freetrade and BDSwiss have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | freetrade | BDSwiss |
| Telephone Number | +44 203 488 2539 | +49 69 175368641 |
| hello@freetrade.io | support@bdswiss.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 75 Broad St, Ste 2400, New York City, New York 10004, USA |
| freetrade Twitter Account | BDSwiss Twitter Account | |
| freetrade Facebook Page | BDSwiss Facebook Page | |
| freetrade Instagram Account | BDSwiss Instagram Account | |
| freetrade LinkedIn Page | BDSwiss LinkedIn Page | |
| YouTube | freetrade YouTube Channel | BDSwiss YouTube Channel |
| Find Out More |
|
|
BDSwiss and freetrade Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of freetrade and BDSwiss we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate 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
Although most brokers do OK in this area, there are some bad apples out there. 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 BDSwiss - Awards
|
|
||
|---|---|---|
| Broker | freetrade | BDSwiss |
| Awards |
freetrade have won several industry awards over the years they have been operating as a financial broker. We list the most notable awards for freetrade here.
|
At the time of writing this BDSwiss review, and despite BDSwiss’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
|
|
freetrade vs BDSwiss - Frequently Asked Questions
freetrade vs BDSwiss - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
BDSwiss was founded in 2012 and has its headquaters in Mauritius.
What is the minimum deposit for BDSwiss or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for BDSwiss is $500.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and BDSwiss are a good choice.
freetrade vs BDSwiss - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
BDSwiss is regulated by BDS Ltd (Registration No. 8424660-1) is authorized and regulated by the Financial Services Authority (the “FSA”, licence no. SD047) Registered address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles.
Both freetrade and BDSwiss have a powerful set of rules for ensuring honest trading onto their own platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs BDSwiss Commission And Fees
freetrade and BDSwiss are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three types of fees for this purpose.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you're billed trading charges. In such cases, you are paying a spread, financing speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are those that are charged when you hold a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither freetrade or BDSwiss charge high fees in comparison to other online agents. For operations other brokers 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 daily or weekly trading.
But, non-trading fees charged by freetrade and BDSwiss are relatively competitive. As a result, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of assets.
This freetrade vs BDSwiss review for 2023 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And BDSwiss
What Languages Do freetrade And BDSwiss Support?
Being able to talk completely with your trading broker is a key part of 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 app as it is a key part of success when trading online.
Below you can find all the languages that both freetrade and BDSwiss support.
How Many Clients Do freetrade and BDSwiss Have?
Both freetrade and BDSwiss are well established with their customer base. It is really important to work with an online broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients freetrade and BDSwiss are working with
What Payment Methods Do freetrade and BDSwiss Accept?
freetrade and BDSwiss 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 BDSwiss
What Can You Trade With freetrade and BDSwiss?
freetrade offers 115 trading instruments and BDSwiss offers 47.
Below you will find a full breakdown of what both freetrade and BDSwiss offer.
Compare freetrade To All Other Brokers
Compare BDSwiss To All Other Brokers