freetrade vs Startrader, Updated for 2024
Read our In-Depth freetrade vs Startrader Review - 2024 Update
This freetrade vs Startrader review has been updated to reflect any changes for 2024 by knowledgeable insiders boasting years of expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs Startrader 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.
Startrader Excluded Countries
United States of America,
Compare freetrade vs Startrader
Each trading platforms feature certain advantages and disadvantages, and any comprehensive review of freetrade and Startrader should not be complete without adopting an objective perspective.
Compare Startrader and freetrade in order to understand just how they compare against each before you choose to make an account. Performing a side-by-side comparison can put things into perspective to ensure that you are aware of the expectations.
So you are looking for a broker and are choosing between freetrade or Startrader. Who is better in 2024?
Our freetrade vs Startrader comparison contains the latest information so you can easily compare Startrader against freetrade.
If you're a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the area of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all the concepts of brokerage since you continue trading. For starters, you need to select the right broker who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and Startrader are just two such stages which will take you along with your investment to great heights. It is crucial to compare freetrade vs Startrader before you trust them with your money.
Our freetrade vs Startrader comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Startrader side by side.
Our full freetrade vs Startrader Review covers all you will need to know about trading using either freetrade or Startrader. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all agents will be the same, but that's not correct. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and Startrader are both brokers which have paved their way successfully into the broker world. In this review, we have attempted to collate a number of the vital aspects of both freetrade and Startrader. This review will allow you to know whether either Startrader or freetrade is a good match for your investments or not. We've tried to breakdown all of the features and charges for your convenience.
Benefits of freetrade and Startrader Compared
freetrade offers a minimum deposit of $0 while Startrader has a $50 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Startrader 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 Startrader has around 115 available.
The more financial instruments you can trade on the freetrade and Startrader 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 Startrader.
freetrade and Startrader Contact Details
Being able to contact a broker simply is a sign of a professional broker. freetrade and Startrader have the following contact details and social medias that you can use.
|+44 203 488 2539
|+86 4001 201725
|68 Hanbury St, London, Greater London E1 5JL, GB
|Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong
|freetrade Twitter Account
|Startrader Twitter Account
|freetrade Facebook Page
|Startrader Facebook Page
|freetrade Instagram Account
|Startrader Instagram Account
|freetrade LinkedIn Page
|Startrader LinkedIn Page
|freetrade YouTube Channel
|Startrader YouTube Channel
|Find Out More
Startrader 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 Startrader will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
While most brokers are good at this, there are some poor ones. 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 Startrader - Awards
freetrade have won many industry awards over the years they have been operating as a financial broker. We show the most recognised awards for freetrade here.
|At the time of writing this Startrader review, and despite Startrader’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
freetrade vs Startrader - Frequently Asked Questions
freetrade vs Startrader - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
Startrader was founded in 2011 and has its headquaters in Hong Kong.
What is the minimum deposit for Startrader or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Startrader is $50.
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 Startrader are a good choice.
freetrade vs Startrader - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
Both freetrade and Startrader have a strong collection of rules for ensuring fair trading onto their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs Startrader Commission And Fees
freetrade and Startrader are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of penalties for this purpose.
The first sort of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you're spending a spread, funding rate, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people that are billed when you hold a leveraged position for longer than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or Startrader charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by freetrade and Startrader are comparatively competitive. As a result, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.
This freetrade vs Startrader review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And Startrader
What Languages Do freetrade And Startrader Support?
Being able to talk completely with your online broker is a key way of comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both freetrade and Startrader support.
How Many Clients Do freetrade and Startrader Have?
Both freetrade and Startrader 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 understanding this is by knowing how many customers are using their services.
Below you will find details of how many users freetrade and Startrader are active on their platform
What Payment Methods Do freetrade and Startrader Accept?
freetrade and Startrader 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 Startrader
What Can You Trade With freetrade and Startrader?
freetrade offers 115 trading instruments while Startrader offers 170.
Below you will find a full breakdown of what both freetrade and Startrader offer.
freetrade vs Startrader:
Table Of Contents
- Compare freetrade vs Startrader
- Benefits of freetrade and Startrader Compared
- Startrader and freetrade Mobile App Comparison
- freetrade vs Startrader - Awards
- freetrade vs Startrader - Frequently Asked Questions
- What is the minimum deposit for Startrader or freetrade
- freetrade vs Startrader - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And Startrader
- What Languages Do freetrade And Startrader Support?
- How Many Clients Do freetrade and Startrader Have?
- What Payment Methods Do freetrade and Startrader Accept?
- What Can You Trade With freetrade and Startrader?