freetrade vs WellsTrade, for 2025
Read our In-Depth freetrade vs WellsTrade Review - for 2025
This comprehensive analysis of freetrade and WellsTrade has been revised to reflect any changes for 2025 from knowledgeable insiders 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
Every trading platforms will have certain advantages and disadvantages, so any comprehensive analysis of freetrade vs WellsTrade should not be regarded as thorough without adopting an objective perspective.
Compare freetrade and WellsTrade to get a better understanding of how these platforms stack up with one another prior to you decide to make an account. Performing a side-by-side comparison can bring aspects in perspective so that you remain cognizant of what you should anticipate.
So you are looking for an online trading platform and are choosing between freetrade or WellsTrade. Who is better in 2025?
Our freetrade vs WellsTrade comparison contains the most recent information so you can easily compare WellsTrade against freetrade.
If you're 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 analyzing skills and comprehensive understanding. You'll acquire adept at all of the concepts of brokerage since you keep trading. For starters, you have to choose the ideal agent who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. freetrade and WellsTrade are just two such trading platforms which will take you along with your investment to great heights. It's crucial to compare freetrade vs WellsTrade until you trust them with your cash.
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 full freetrade vs WellsTrade Review covers everything you need to learn about trading using either freetrade or WellsTrade. A fantastic agent can multiply your initial investments and provide you positive profits. If you want to make profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully assess your agent before you select them. It's a common misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments at risk.
freetrade and WellsTrade are both brokers which have forged their way successfully into the brokerage world. In this review, we've attempted to collate a number of the important aspects of both freetrade and WellsTrade. This review will allow you to know whether either WellsTrade or freetrade is a good fit for your investments or not. We've tried to breakdown all the qualities and charges for your convenience.
Benefits of freetrade and WellsTrade Compared
freetrade offers a minimum deposit of $0 while WellsTrade has 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 allows you to trade around 115 financial instruments while WellsTrade allows you to trade around 115 on their platform.
The more financial instruments you can trade on the freetrade and WellsTrade 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 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 a broker simply is vital. 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.
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. 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 WellsTrade - Awards
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Broker | freetrade | WellsTrade |
Awards |
freetrade have won numerous industry awards over the years they have been running as a financial broker. We list the most notable awards for freetrade here.
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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 head office 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 needs, 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 set of rules for ensuring fair trading on its own platforms. For information encryption purposes, they supply industry-standard secure socket layer (SSL).
As per their own privacy regulation, customer 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 many online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. In other words, an internet broker isn't necessarily affected by the amount of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are primarily three different types of penalties for this purpose.
The first sort of charges to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In these cases, you are spending a spread, funding speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the activities you undertake on your account. They are billed for surgeries like depositing money, not trading for long periods, or withdrawals.
In general, neither freetrade or WellsTrade charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees charged by freetrade and WellsTrade are relatively greater. As a result, you're billed more for non-trading activities on your trading account, such as deposits and withdrawal. These aren't related to the purchase and sale of resources.
This freetrade vs WellsTrade review for 2025 breaks down every one 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 talk completely with your online broker is a key element when comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you can find all the languages that both freetrade and WellsTrade support.
How Many Clients Do freetrade and WellsTrade Have?
Both freetrade and WellsTrade 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 understanding this is by knowing how many customers they already work with.
Below you will find details of how many users freetrade and WellsTrade have
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 while 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?