freetrade vs Spreadex, Updated for 2023
Read our In-Depth freetrade vs Spreadex Review - Updated for 2023
This freetrade vs Spreadex 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 Spreadex 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.
Spreadex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs Spreadex
Every online trading system will have a few pros and cons, and no freetrade and Spreadex review would be complete without showing both sides. Compare freetrade and Spreadex to understand how they line 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 reputable broker and are choosing between freetrade or Spreadex. Who should you choose?
Our freetrade vs Spreadex comparison contains the latest information so you can easily compare Spreadex 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 will get proficient at all the concepts of brokerage since you keep trading. For starters, you have to select the right broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to generate hefty returns. freetrade and Spreadex are just two such trading platforms that will take you along with your investment into great heights. It's crucial that you compare freetrade vs Spreadex until you trust them with your cash.
Our freetrade vs Spreadex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Spreadex side by side.
Our full freetrade vs Spreadex Review covers all you need to learn about trading with either freetrade or Spreadex. A good agent can multiply your first investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investing goals.
There is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a frequent misconception that all brokers are the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and Spreadex are both brokers that have forged their way successfully into the brokerage world. Within this review, we've tried to collate a number of the vital facets of both freetrade and Spreadex. This review can allow you to understand whether either Spreadex or freetrade is a fantastic match for your investments or not. We have attempted to breakdown all the features and charges for your advantage.
Benefits of freetrade and Spreadex Compared
freetrade offers a minimum deposit of $0 while Spreadex has a $0 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Spreadex 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 Spreadex allows you to trade around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade and Spreadex 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 Spreadex.
freetrade and Spreadex Contact Details
Being able to contact a broker through many ways is important. freetrade and Spreadex have the following contact details and social medias that you can use.
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| Broker | freetrade | Spreadex |
| Telephone Number | +44 203 488 2539 | +44 01727 895 000 |
| hello@freetrade.io | info@spreadex.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU |
| freetrade Twitter Account | Spreadex Twitter Account | |
| freetrade Facebook Page | Spreadex Facebook Page | |
| freetrade Instagram Account | Spreadex Instagram Account | |
| freetrade LinkedIn Page | Spreadex LinkedIn Page | |
| YouTube | freetrade YouTube Channel | Spreadex YouTube Channel |
| Find Out More |
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Spreadex 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 Spreadex 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 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 Spreadex - Awards
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| Broker | freetrade | Spreadex |
| Awards |
freetrade have won many industry awards over the time they have been operating as an online trading platform. We show the most notable awards for freetrade here.
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Spreadex have won a lot of industry awards over the time they have been operating as an online broker. We detail the most notable awards for Spreadex below.
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freetrade vs Spreadex - Frequently Asked Questions
freetrade vs Spreadex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
Spreadex was founded in 1999 and has its headquaters in UK.
What is the minimum deposit for Spreadex or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Spreadex is $0.
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 Spreadex are a good option.
freetrade vs Spreadex - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941.
Both freetrade and Spreadex have a strong collection of rules for ensuring honest trading onto their individual platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs Spreadex Commission And Fees
freetrade and Spreadex are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you are spending a spread, financing rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight rates are those who are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither freetrade or Spreadex charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by freetrade and Spreadex are comparatively higher. As a result, you are charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This freetrade vs Spreadex review for 2023 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And Spreadex
What Languages Do freetrade And Spreadex Support?
Being able to talk easily with your online broker is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Here you will find all the languages that both freetrade and Spreadex offer communication in.
How Many Clients Do freetrade and Spreadex Have?
Both freetrade and Spreadex are well known and trusted. It is really important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers freetrade and Spreadex have
What Payment Methods Do freetrade and Spreadex Accept?
freetrade and Spreadex 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 Spreadex
What Can You Trade With freetrade and Spreadex?
freetrade offers 115 trading instruments whilst Spreadex offers 15,000.
Below you will find a full breakdown of what both freetrade and Spreadex offer.
Compare freetrade To All Other Brokers
Compare Spreadex To All Other Brokers