freetrade vs OctaFX, for 2025
Read our In-Depth freetrade vs OctaFX Review - Updated for 2025
This review comparing freetrade and OctaFX has been refreshed to reflect any changes for 2025 from seasoned professionals boasting years of financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs OctaFX 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.
OctaFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs OctaFX
Each online trading platforms will have a few advantages and disadvantages, and a complete analysis of freetrade vs OctaFX should not be regarded as thorough without embracing a balanced approach.
Examine OctaFX and freetrade in order to understand how these platforms compare to each other prior to you choose to create an account. A side-by-side comparison will bring aspects in perspective in order that you're informed about what you should anticipate.
So you are looking for a broker and are choosing between freetrade or OctaFX. Who is better in 2025?
This freetrade vs OctaFX comparison contains the most recent information so you can easily compare OctaFX against freetrade.
If you are a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will acquire adept at all of the concepts of brokerage as you keep trading. For starters, you need to choose the ideal agent who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and OctaFX are two such stages which will take you along with your investment into great heights. It's important to compare freetrade vs OctaFX until you trust them with your cash.
Our freetrade vs OctaFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and OctaFX side by side.
Our full freetrade vs OctaFX Review covers everything you will need to learn about trading with either freetrade or OctaFX. A fantastic broker can multiply your initial investments and provide you favorable profits. If you want to earn profits, you should trade with a broker service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; thus, you must carefully analyze your broker before you choose them. It's a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and OctaFX are both brokers that have forged their way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important aspects of both freetrade and OctaFX. This review can allow you to understand whether either OctaFX or freetrade is a good match for your investments or not. We've tried to breakdown all the qualities and charges for your advantage.
Benefits of freetrade and OctaFX Compared
freetrade has a minimum deposit of $0 while OctaFX offers a $5 minimum deposit.
Why smaller minimum deposits are good and how freetrade and OctaFX 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 whilst OctaFX has around 115 on their platform.
The more instruments you can trade on the freetrade and OctaFX 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 OctaFX.
freetrade and OctaFX Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. freetrade and OctaFX have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | freetrade | OctaFX |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | smm@octafx.com | |
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 133 HOUNDSDITCH, London, Greater London EC3A 7BX |
freetrade Twitter Account | OctaFX Twitter Account | |
freetrade Facebook Page | OctaFX Facebook Page | |
freetrade Instagram Account | OctaFX Instagram Account | |
freetrade LinkedIn Page | OctaFX LinkedIn Page | |
YouTube | freetrade YouTube Channel | OctaFX YouTube Channel |
Find Out More |
|
|
OctaFX 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 OctaFX we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate 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 OctaFX - Awards
|
||
---|---|---|
Broker | freetrade | OctaFX |
Awards |
freetrade have won numerous industry awards over the time they have been running as a financial broker. We show the most recognised awards for freetrade here.
|
At the time of writing this OctaFX review, and despite OctaFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
freetrade vs OctaFX - Frequently Asked Questions
freetrade vs OctaFX - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
OctaFX was founded in 2014 and has its headquaters in St. Vincent and the Grenadines.
What is the minimum deposit for OctaFX or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for OctaFX 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 OctaFX are a good option.
freetrade vs OctaFX - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
OctaFX is regulated by Financial Conduct Authority (FCA).
Both freetrade and OctaFX have a strong collection of rules for ensuring honest trading on their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their own privacy policies, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs OctaFX Commission And Fees
freetrade and OctaFX 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 is not necessarily affected by the number of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In such cases, you are spending a spread, financing speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for longer than daily.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither freetrade or OctaFX charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who often trade, such as daily or weekly trading.
However, non-trading fees billed by freetrade and OctaFX are relatively greater. As a result, you are charged more for non-trading actions in your trading account, like withdrawal and deposits. These aren't about the purchase and sale of assets.
This freetrade vs OctaFX review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And OctaFX
What Languages Do freetrade And OctaFX Support?
Being able to communicate completely with your online broker is a key way of comparing online brokers to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both freetrade and OctaFX offer communication in.
How Many Clients Do freetrade and OctaFX Have?
Both freetrade and OctaFX are well established with their customer base. It is really important to work with an online broker that is reputable 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 OctaFX have
What Payment Methods Do freetrade and OctaFX Accept?
freetrade and OctaFX 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 OctaFX
What Can You Trade With freetrade and OctaFX?
freetrade offers 115 trading instruments while OctaFX offers .
Below you will find a full breakdown of what both freetrade and OctaFX offer.
freetrade Review
freetrade vs OctaFX:
Table Of Contents
- Compare freetrade vs OctaFX
- Benefits of freetrade and OctaFX Compared
- OctaFX and freetrade Mobile App Comparison
- freetrade vs OctaFX - Awards
- freetrade vs OctaFX - Frequently Asked Questions
- What is the minimum deposit for OctaFX or freetrade
- freetrade vs OctaFX - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And OctaFX
- What Languages Do freetrade And OctaFX Support?
- How Many Clients Do freetrade and OctaFX Have?
- What Payment Methods Do freetrade and OctaFX Accept?
- What Can You Trade With freetrade and OctaFX?