freetrade vs FxPro, Who's The Best?
Read our In-Depth freetrade vs FxPro Review - 2023 Update
This freetrade vs FxPro 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 FxPro 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.
FxPro Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs FxPro
Every online trading system has a few pros and cons, and no freetrade and FxPro review would be complete without having a balanced approach. Compare freetrade and FxPro to understand how they stack up against each other before you create 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 broker and are choosing between freetrade or FxPro. Which one is best in 2023?
This freetrade vs FxPro comparison contains the most recent information so you can easily compare FxPro against freetrade.
If you're a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You'll acquire proficient at all the concepts of brokerage since you keep trading. For starters, you need to choose the right broker who will be transparent 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 program has the potential to create hefty returns. freetrade and FxPro are two such trading platforms that will take you and your investment to great heights. It's crucial that you compare freetrade vs FxPro before you trust them with your cash.
Our freetrade vs FxPro comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and FxPro side by side.
Our full freetrade vs FxPro Review covers everything you need to learn about trading using either freetrade or FxPro. A good agent can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully analyze your broker before you choose them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments in danger.
freetrade and FxPro are both brokers which have paved their way successfully into the brokerage world. In this review, we have tried to collate some of the vital facets of both freetrade and FxPro. This review can help you to understand whether either FxPro or freetrade is a fantastic fit for your investments or not. We've attempted to breakdown all the qualities and charges for your convenience.
Benefits of freetrade and FxPro Compared
freetrade offers a minimum deposit of $0 while FxPro has a $100 minimum deposit.
Why smaller minimum deposits are good and how freetrade and FxPro 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 while FxPro allows you to trade around 115 on their platform.
The more instruments you can trade on the freetrade and FxPro 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 FxPro.
freetrade and FxPro Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. freetrade and FxPro have the following contact details and social medias that you can use.
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| Broker | freetrade | FxPro |
| Telephone Number | +44 203 488 2539 | +44 203 151 5550 |
| hello@freetrade.io | support@fxpro.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 13-14 Basinghall street, London, City of London EC2V 5BQ" |
| freetrade Twitter Account | FxPro Twitter Account | |
| freetrade Facebook Page | FxPro Facebook Page | |
| freetrade Instagram Account | FxPro Instagram Account | |
| freetrade LinkedIn Page | FxPro LinkedIn Page | |
| YouTube | freetrade YouTube Channel | FxPro YouTube Channel |
| Find Out More |
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FxPro 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 FxPro we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both 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 FxPro - Awards
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| Broker | freetrade | FxPro |
| Awards |
freetrade have won a lot of industry awards over the time they have been operating as a financial broker. We detail the most notable awards for freetrade below.
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FxPro have won a lot of industry awards over the years they have been running as a financial broker. We detail the most notable awards for FxPro here.
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| Find Out More |
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freetrade vs FxPro - Frequently Asked Questions
freetrade vs FxPro - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
FxPro was founded in 2006 and has its headquaters in UK.
What is the minimum deposit for FxPro or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for FxPro is $100.
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 FxPro are a good choice.
freetrade vs FxPro - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
FxPro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA).
Both freetrade and FxPro have a powerful set of rules for ensuring fair trading on their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs FxPro Commission And Fees
freetrade and FxPro are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly three types of penalties for this objective.
The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In these instances, you are spending a spread, funding speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the activities you undertake in your account. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither freetrade or FxPro charge high fees in comparison to other online brokers. For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, for example daily or weekly trading.
However, non-trading fees charged by freetrade and FxPro are comparatively higher. As a result, you are billed more for non-trading actions in your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This freetrade vs FxPro review for 2023 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And FxPro
What Languages Do freetrade And FxPro Support?
Being able to communicate completely with your online broker is a key element when comparing brokers to find the best 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 forex.
Here you will find the languages that both freetrade and FxPro offer communication in.
How Many Clients Do freetrade and FxPro Have?
Both freetrade and FxPro are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many users freetrade and FxPro are active on their platform
What Payment Methods Do freetrade and FxPro Accept?
freetrade and FxPro 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 FxPro
What Can You Trade With freetrade and FxPro?
freetrade offers 115 trading instruments whilst FxPro offers 250.
Below you will find a full breakdown of what both freetrade and FxPro offer.
Compare freetrade To All Other Brokers
Compare FxPro To All Other Brokers