freetrade vs First Trade, Who's The Best?
Read our In-Depth freetrade vs First Trade Review - 2025 Update
Our comprehensive analysis of freetrade and First Trade has been revised to reflect any changes for 2025 from knowledgeable insiders with extensive expertise in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs First Trade 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.
First Trade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs First Trade
All online trading platforms feature certain pros and cons, so any comprehensive review of freetrade and First Trade would not be complete without adopting an objective perspective.
Compare First Trade and freetrade to understand how they stack up with one another before you make an account. A comparative analysis can put things into perspective in order that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between freetrade or First Trade. Who should you choose?
This freetrade vs First Trade comparison contains the most recent information so you can easily compare First Trade against freetrade.
If you're a new entrant in the realm of trading and brokerages, 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 of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal agent who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. freetrade and First Trade are just two such trading platforms that will take you along with your investment to great heights. It's crucial to compare freetrade vs First Trade until you trust them with your money.
Our freetrade vs First Trade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and First Trade side by side.
Our entire freetrade vs First Trade Review covers all you need to know about trading using either freetrade or First Trade. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It's a frequent misconception that all agents will be the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and First Trade are both brokers that have paved their way successfully to the broker world. In this review, we've attempted to collate a number of the important aspects of both freetrade and First Trade. This review can allow you to understand whether either First Trade or freetrade is a good fit for your investments or not. We've attempted to breakdown all of the qualities and charges for your convenience.
Benefits of freetrade and First Trade Compared
freetrade offers a minimum deposit of $0 while First Trade has a $5 minimum deposit.
Why smaller minimum deposits are good and how freetrade and First Trade 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 First Trade has around 115 financial instruments available.
The more financial instruments you can trade on the freetrade and First Trade 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 never want to miss out on a trading opportunity due to the limitations of freetrade or First Trade.
freetrade and First Trade Contact Details
Being able to contact your broker easily is vital. freetrade and First Trade have the following contact details and social medias that you can use.
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Broker | freetrade | First Trade |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | First Trade Twitter Account | |
freetrade Facebook Page | First Trade Facebook Page | |
freetrade Instagram Account | First Trade Instagram Account | |
freetrade LinkedIn Page | First Trade LinkedIn Page | |
YouTube | freetrade YouTube Channel | First Trade YouTube Channel |
Find Out More |
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First Trade 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 First Trade 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 important that any trading app has user friendly capabilities especially with the
Search Functions
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 have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
freetrade vs First Trade - Awards
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Broker | freetrade | First Trade |
Awards |
freetrade have won several industry awards over the years they have been running as an online broker. We list the most notable awards for freetrade here.
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At the time of writing this First Trade review, and despite First Trade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs First Trade - Frequently Asked Questions
freetrade vs First Trade - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
First Trade was founded in 2008 and has its headquaters in USA.
What is the minimum deposit for First Trade or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for First Trade is $5.
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 First Trade are a good option.
freetrade vs First Trade - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).
Both freetrade and First Trade have a strong collection of rules for ensuring honest trading on their platforms. For data encryption purposes, they provide 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. This includes credit history and other financial details.
Compare freetrade vs First Trade Commission And Fees
freetrade and First Trade are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled much better. In other words, an online broker is not necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly three different types of fees for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you're spending a spread, financing rate, or a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are people who are billed when you hold a leveraged position for more than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither freetrade or First Trade charge high fees compared to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by freetrade and First Trade are comparatively greater. As a result, you're billed more for non-trading activities on your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of assets.
This freetrade vs First Trade review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And First Trade
What Languages Do freetrade And First Trade Support?
Being able to talk easily with your online platform is a key part of comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both freetrade and First Trade support.
How Many Clients Do freetrade and First Trade Have?
Both freetrade and First Trade 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 customers they already work with.
Below you will find details of how many clients freetrade and First Trade are working with
What Payment Methods Do freetrade and First Trade Accept?
freetrade and First Trade 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 First Trade
What Can You Trade With freetrade and First Trade?
freetrade offers 115 trading instruments and First Trade offers 101.
Below you will find a full breakdown of what both freetrade and First Trade offer.
freetrade Review
freetrade vs First Trade:
Table Of Contents
- Compare freetrade vs First Trade
- Benefits of freetrade and First Trade Compared
- First Trade and freetrade Mobile App Comparison
- freetrade vs First Trade - Awards
- freetrade vs First Trade - Frequently Asked Questions
- What is the minimum deposit for First Trade or freetrade
- freetrade vs First Trade - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And First Trade
- What Languages Do freetrade And First Trade Support?
- How Many Clients Do freetrade and First Trade Have?
- What Payment Methods Do freetrade and First Trade Accept?
- What Can You Trade With freetrade and First Trade?