freetrade vs WellsTrade, for 2025
Read our In-Depth freetrade vs WellsTrade Review - for 2025
Our review comparing freetrade and WellsTrade has been revised to reflect any changes for 2025 from seasoned professionals with years of expertise in CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs WellsTrade 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.
WellsTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs WellsTrade
Each platforms for online trading has certain pros and cons, and any comprehensive review of freetrade and WellsTrade should not be regarded as thorough without adopting an objective perspective.
Examine freetrade and WellsTrade to understand just how they compare against each other prior to you decide to create an account. A comprehensive comparison helps to put things in perspective in order that you are informed about the expectations.
So you are looking for a professional broker and are choosing between freetrade or WellsTrade. Who should you choose?
This freetrade vs WellsTrade comparison contains the latest information so you can easily compare WellsTrade against freetrade.
If you are a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire adept at all of the concepts of brokerage since you keep trading. For starters, you need to select the ideal agent who'll be clear with you always.
In this fast-paced universe 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 WellsTrade are just two such trading platforms that will take you and your investment into great heights. It's important to compare freetrade vs WellsTrade until you trust them with your money.
Our freetrade vs WellsTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and WellsTrade side by side.
Our entire freetrade vs WellsTrade Review covers all you need to learn about trading using either freetrade or WellsTrade. A fantastic broker can multiply your first investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire way to guarantee profits; thus, you must carefully analyze your broker before you choose them. It is a common misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
freetrade and WellsTrade are both brokers that have forged their way successfully into the brokerage world. In this review, we've attempted to collate some of the important aspects of both freetrade and WellsTrade. This review will help you to understand whether either WellsTrade or freetrade is a fantastic match for your own investments or not. We've tried to breakdown all the features and fees for your convenience.
Benefits of freetrade and WellsTrade Compared
freetrade has a minimum deposit of $0 while WellsTrade offers a $30 minimum deposit.
Why smaller minimum deposits are good and how freetrade and WellsTrade 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 WellsTrade has around 115 on their platform.
The more instruments you can trade on the freetrade and WellsTrade 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 seriously do not want to miss out on a trading opportunity due to the limitations of freetrade or WellsTrade.
freetrade and WellsTrade Contact Details
Being able to contact an online trading platform easily is important. freetrade and WellsTrade have the following contact details and social medias that you can use.
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Broker | freetrade | WellsTrade |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | WellsTrade Twitter Account | |
freetrade Facebook Page | WellsTrade Facebook Page | |
freetrade Instagram Account | WellsTrade Instagram Account | |
freetrade LinkedIn Page | WellsTrade LinkedIn Page | |
YouTube | freetrade YouTube Channel | WellsTrade YouTube Channel |
Find Out More |
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WellsTrade 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 WellsTrade 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
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 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 WellsTrade - Awards
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Broker | freetrade | WellsTrade |
Awards |
freetrade have won several industry awards over the years they have been running as an online broker. We show the most notable awards for freetrade below.
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At the time of writing this WellsTrade review, and despite WellsTrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs WellsTrade - Frequently Asked Questions
freetrade vs WellsTrade - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
WellsTrade was founded in 2008 and has its headquaters in United States.
What is the minimum deposit for WellsTrade or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for WellsTrade is $30.
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 WellsTrade are a good choice.
freetrade vs WellsTrade - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
WellsTrade is regulated by Unregulated.
WellsTrade is unregulated but freetrade has a strong collection of rules for ensuring fair trading on its individual platforms. For information encryption purposes, they provide industry-standard secure socket layer (SSL).
In accordance with their privacy regulation, client information is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare freetrade vs WellsTrade Commission And Fees
freetrade and WellsTrade are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled 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 prices of varying rates for various services to earn money. There are primarily three different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're charged trading charges. In these instances, you're paying a spread, financing speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are those who are billed when you hold a leveraged position for more than a day.
Apart from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither freetrade or WellsTrade charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for people who often exchange, for example daily or weekly trading.
However, non-trading fees charged by freetrade and WellsTrade are comparatively competitive. Consequently, you're billed more for non-trading actions in your trading account, such as withdrawal and deposits. These aren't about the sale and purchase of resources.
This freetrade vs WellsTrade review for 2025 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And WellsTrade
What Languages Do freetrade And WellsTrade Support?
Being able to chat easily with your online platform is a key element when comparing brokers to find your perfect 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 online.
Here you will find all the languages that both freetrade and WellsTrade offer communication in.
How Many Clients Do freetrade and WellsTrade Have?
Both freetrade and WellsTrade are well established with their client base. It is important to work with a broker you can trust 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 users freetrade and WellsTrade are active on their platform
What Payment Methods Do freetrade and WellsTrade Accept?
freetrade and WellsTrade 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 WellsTrade
What Can You Trade With freetrade and WellsTrade?
freetrade offers 115 trading instruments whilst WellsTrade offers 254.
Below you will find a full breakdown of what both freetrade and WellsTrade offer.
freetrade Review
freetrade vs WellsTrade:
Table Of Contents
- Compare freetrade vs WellsTrade
- Benefits of freetrade and WellsTrade Compared
- WellsTrade and freetrade Mobile App Comparison
- freetrade vs WellsTrade - Awards
- freetrade vs WellsTrade - Frequently Asked Questions
- What is the minimum deposit for WellsTrade or freetrade
- freetrade vs WellsTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And WellsTrade
- What Languages Do freetrade And WellsTrade Support?
- How Many Clients Do freetrade and WellsTrade Have?
- What Payment Methods Do freetrade and WellsTrade Accept?
- What Can You Trade With freetrade and WellsTrade?