freetrade vs Trading212, Updated for 2023
Read our In-Depth freetrade vs Trading212 Review - for 2023
This freetrade vs Trading212 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 Trading212 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.
Trading212 Excluded Countries
Canada, United States of America, and Switzerland.
Compare freetrade vs Trading212
Every online trading system has some pros and cons, and no freetrade and Trading212 review would be complete without having a balanced approach. Compare freetrade and Trading212 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 professional broker and are choosing between freetrade or Trading212. Who should you choose?
Our freetrade vs Trading212 comparison contains the most recent information so you can easily compare Trading212 against freetrade.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll acquire proficient at all the concepts of broker since you keep trading. For starters, you need to choose the right broker who will be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. freetrade and Trading212 are just two such trading platforms that will take you and your investment to great heights. It is important to compare freetrade vs Trading212 before you trust them with your money.
Our freetrade vs Trading212 comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Trading212 side by side.
Our full freetrade vs Trading212 Review covers all you will need to learn about trading with either freetrade or Trading212. A good broker can multiply your first investments and provide you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can set your investments in danger.
freetrade and Trading212 are both brokers which have forged their way successfully to the brokerage world. In this review, we have tried to collate a number of the vital facets of both freetrade and Trading212. This review will help you to understand whether either Trading212 or freetrade is a good fit for your investments or not. We have tried to breakdown all the features and fees for your advantage.
Benefits of freetrade and Trading212 Compared
freetrade has a minimum deposit of $0 while Trading212 has a $1 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Trading212 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 Trading212 allows you to trade around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade and Trading212 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 Trading212.
freetrade and Trading212 Contact Details
Being able to contact a broker through many ways is important. freetrade and Trading212 have the following contact details and social medias that you can use.
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| Broker | freetrade | Trading212 |
| Telephone Number | +44 203 488 2539 | |
| hello@freetrade.io | info@trading212.com | |
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 107 Cheapside, London EC2V 6DN |
| freetrade Twitter Account | Trading212 Twitter Account | |
| freetrade Facebook Page | Trading212 Facebook Page | |
| freetrade Instagram Account | Trading212 Instagram Account | |
| freetrade LinkedIn Page | Trading212 LinkedIn Page | |
| YouTube | freetrade YouTube Channel | Trading212 YouTube Channel |
| Find Out More |
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Trading212 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.
This part of comparing freetrade and Trading212 will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the 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
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 Trading212 - Awards
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| Broker | freetrade | Trading212 |
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freetrade have won many industry awards over the time they have been running as a financial broker. We detail the most recognised awards for freetrade below.
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Trading212 have won many industry awards over the years they have been operating as an online trading platform. We list the most notable awards for Trading212 below.
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freetrade vs Trading212 - Frequently Asked Questions
freetrade vs Trading212 - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
Trading212 was founded in 2006 and has its head office in UK.
What is the minimum deposit for Trading212 or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Trading212 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 Trading212 are a good choice.
freetrade vs Trading212 - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Trading212 is regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC).
Both freetrade and Trading212 have a strong collection of rules for ensuring honest trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs Trading212 Commission And Fees
freetrade and Trading212 are online broker platforms, and many 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 internet broker is not necessarily affected by the amount of customers they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are mainly 3 different types of penalties for this purpose.
The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such cases, you're paying a spread, funding speed, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Funding or overnight prices are those that are billed when you hold a leveraged position for longer than a day.
Apart from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're charged for operations like depositing cash, not trading for long periods, or withdrawals.
In general, neither freetrade or Trading212 charge high fees in comparison to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
However, non-trading fees billed by freetrade and Trading212 are relatively lower. Consequently, you are charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This freetrade vs Trading212 review for 2023 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And Trading212
What Languages Do freetrade And Trading212 Support?
Being able to talk completely with your online platform is a key way of comparing trading platforms to find the best trading partner. 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.
Below you will find all the languages that both freetrade and Trading212 offer communication in.
How Many Clients Do freetrade and Trading212 Have?
Both freetrade and Trading212 are well established with their customer base. It is important to work with a broker that is reputable 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 customers freetrade and Trading212 are working with
What Payment Methods Do freetrade and Trading212 Accept?
freetrade and Trading212 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 Trading212
What Can You Trade With freetrade and Trading212?
freetrade offers 115 trading instruments while Trading212 offers 10000.
Below you will find a full breakdown of what both freetrade and Trading212 offer.
Compare freetrade To All Other Brokers
Compare Trading212 To All Other Brokers