freetrade vs Interactive Investor, Who's Better?
Interactive Investor Rating
The value of investments can go up as well as down and you may receive back less than your original investment.
Losses can exceed deposits
freetrade vs Interactive Investor Guide
Read our In-Depth freetrade vs Interactive Investor Review - Updated for 2024
Our review comparing freetrade and Interactive Investor has been updated for 2024 from knowledgeable insiders with years of expertise across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs Interactive Investor 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.
Interactive Investor Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs Interactive Investor
All online trading platforms has some pros and cons, so any comprehensive freetrade and Interactive Investor review would not be regarded as thorough without having an objective perspective.
Examine Interactive Investor and freetrade to get a better understanding of the way these platforms compare with each before you decide to make an account. A comparative analysis can place factors into perspective to ensure that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between freetrade or Interactive Investor. Which one is best in 2024?
This freetrade vs Interactive Investor comparison contains the latest information so you can easily compare Interactive Investor against freetrade.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll get adept at all the concepts of brokerage as you continue trading. For starters, you need to choose the right broker who'll be transparent with you constantly.
Within this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. freetrade and Interactive Investor are two such trading platforms that will take you and your investment into great heights. It's important that you compare freetrade vs Interactive Investor until you trust them with your cash.
Our freetrade vs Interactive Investor comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Interactive Investor side by side.
Our entire freetrade vs Interactive Investor Review covers everything you will need to know about trading with either freetrade or Interactive Investor. A good broker can multiply your first investments and give you favorable profits. If you want to earn profits, you should trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your broker before you choose them. It's a common 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 Interactive Investor are both brokers that have forged their way successfully to the broker world. Within this review, we've tried to collate a number of the important aspects of both freetrade and Interactive Investor. This review will help you to understand whether either Interactive Investor or freetrade is a good match for your investments or not. We have tried to breakdown all of the qualities and charges for your advantage.
Benefits of freetrade and Interactive Investor Compared
freetrade has a minimum deposit of $0 while Interactive Investor has a $1 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Interactive Investor 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 Interactive Investor has around 115 financial instruments available.
The more financial instruments you can trade on the freetrade and Interactive Investor 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 Interactive Investor.
freetrade and Interactive Investor Contact Details
Being able to contact a broker simply is a sign of a professional broker. freetrade and Interactive Investor have the following contact details and social medias that you can use.
|+44 203 488 2539
|68 Hanbury St, London, Greater London E1 5JL, GB
|freetrade Twitter Account
|Interactive Investor Twitter Account
|freetrade Facebook Page
|Interactive Investor Facebook Page
|freetrade Instagram Account
|Interactive Investor Instagram Account
|freetrade LinkedIn Page
|Interactive Investor LinkedIn Page
|freetrade YouTube Channel
|Interactive Investor YouTube Channel
|Find Out More
Interactive Investor 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 Interactive Investor will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the 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 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 Interactive Investor - Awards
freetrade have won a lot of industry awards over the time they have been running as a financial broker. We show the most notable awards for freetrade here.
|At the time of writing this Interactive Investor review, and despite Interactive Investor’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
freetrade vs Interactive Investor - Frequently Asked Questions
freetrade vs Interactive Investor - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
Interactive Investor was founded in 1995 and has its headquaters in UK.
What is the minimum deposit for Interactive Investor or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Interactive Investor is $1.
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 Interactive Investor are a good option.
freetrade vs Interactive Investor - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Interactive Investor is regulated by Financial Conduct Authority (FCA).
Both freetrade and Interactive Investor have a powerful set of rules for ensuring fair trading on their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs Interactive Investor Commission And Fees
freetrade and Interactive Investor are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're charged trading charges. In these cases, you're paying a spread, financing rate, 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 volume. On the other hand, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are those that are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or Interactive Investor charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, such as daily or weekly trading.
But, non-trading fees charged by freetrade and Interactive Investor are relatively greater. As a result, you are billed more for non-trading actions on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This freetrade vs Interactive Investor review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And Interactive Investor
What Languages Do freetrade And Interactive Investor Support?
Being able to chat easily with your trading platform is a key element when comparing brokers to find your perfect trading partner. 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 will find the languages that both freetrade and Interactive Investor support.
How Many Clients Do freetrade and Interactive Investor Have?
Both freetrade and Interactive Investor are well established with their customer base. It is really important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients freetrade and Interactive Investor have
|Clients / Users
|Find Out More
What Payment Methods Do freetrade and Interactive Investor Accept?
freetrade and Interactive Investor 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 Interactive Investor
What Can You Trade With freetrade and Interactive Investor?
freetrade offers 115 trading instruments while Interactive Investor offers 100.
Below you will find a full breakdown of what both freetrade and Interactive Investor offer.
freetrade vs Interactive Investor:
Table Of Contents
- Compare freetrade vs Interactive Investor
- Benefits of freetrade and Interactive Investor Compared
- Interactive Investor and freetrade Mobile App Comparison
- freetrade vs Interactive Investor - Awards
- freetrade vs Interactive Investor - Frequently Asked Questions
- What is the minimum deposit for Interactive Investor or freetrade
- freetrade vs Interactive Investor - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And Interactive Investor
- What Languages Do freetrade And Interactive Investor Support?
- How Many Clients Do freetrade and Interactive Investor Have?
- What Payment Methods Do freetrade and Interactive Investor Accept?
- What Can You Trade With freetrade and Interactive Investor?