freetrade vs Binary Mate, 2025 Update
Read our In-Depth freetrade vs Binary Mate Review - for 2025
This comprehensive analysis of freetrade and Binary Mate has been updated to reflect any changes for 2025 from knowledgeable insiders with extensive financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs Binary Mate 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.
Binary Mate Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs Binary Mate
Each online trading platforms will have certain pros and cons, so any comprehensive freetrade and Binary Mate review cannnot be complete without embracing a fair assessment.
Examine Binary Mate and freetrade to get a better understanding of how these platforms stack up to each prior to you decide to make an account. A comparative analysis can put things into perspective so that you remain aware of the expectations.
So you are looking for a broker and are choosing between freetrade or Binary Mate. Who should you choose?
This freetrade vs Binary Mate comparison contains the latest information so you can easily compare Binary Mate against freetrade.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough understanding. You'll get proficient at all the concepts of broker as you keep trading. For starters, you have to select the right broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. freetrade and Binary Mate are just two such companies that will take you and your investment to great heights. It's important to compare freetrade vs Binary Mate before you trust them with your money.
Our freetrade vs Binary Mate comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Binary Mate side by side.
Our entire freetrade vs Binary Mate Review covers everything you need to learn about trading with either freetrade or Binary Mate. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you should trade with a broker service that contrasts with your investment goals.
There's absolutely no sure-fire method to ensure profits; thus, you should carefully assess your broker before you select them. It is a common misconception that all agents are the same, but that is not true. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and Binary Mate are both brokers which have found their way successfully to the broker world. Within this review, we've attempted to collate a number of the important facets of both freetrade and Binary Mate. This review can allow you to understand whether either Binary Mate or freetrade is a good match for your own investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of freetrade and Binary Mate Compared
freetrade has a minimum deposit of $0 while Binary Mate offers a $1000 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Binary Mate 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 Binary Mate has around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade and Binary Mate 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 never want to miss out on a trading opportunity due to the limitations of freetrade or Binary Mate.
freetrade and Binary Mate Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. freetrade and Binary Mate have the following contact details and social medias that you can use.
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Broker | freetrade | Binary Mate |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | Binary Mate Twitter Account | |
freetrade Facebook Page | Binary Mate Facebook Page | |
freetrade Instagram Account | Binary Mate Instagram Account | |
freetrade LinkedIn Page | Binary Mate LinkedIn Page | |
YouTube | freetrade YouTube Channel | Binary Mate YouTube Channel |
Find Out More |
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Binary Mate 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 Binary Mate will examine whether their mobile app meets all our requirements.
Overall, we rate 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. 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 Binary Mate - Awards
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Broker | freetrade | Binary Mate |
Awards |
freetrade have won numerous industry awards over the time they have been operating as an online trading platform. We show the most notable awards for freetrade below.
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At the time of writing this Binary Mate review, and despite Binary Mate’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs Binary Mate - Frequently Asked Questions
freetrade vs Binary Mate - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
Binary Mate was founded in 2013 and has its headquaters in Malaysia.
What is the minimum deposit for Binary Mate or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Binary Mate is $1000.
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 Binary Mate are a good option.
freetrade vs Binary Mate - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both freetrade and Binary Mate have a strong set of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare freetrade vs Binary Mate Commission And Fees
freetrade and Binary Mate are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker isn't necessarily affected by the amount of clients they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 types of penalties for this purpose.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're paying 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 determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those who are charged when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They're billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
In general, neither freetrade or Binary Mate charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who often exchange, for example daily or weekly trading.
But, non-trading fees charged by freetrade and Binary Mate are comparatively higher. Consequently, you are charged more for non-trading activities on your trading account, such as withdrawal and deposits. These aren't related to the sale and purchase of resources.
This freetrade vs Binary Mate review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And Binary Mate
What Languages Do freetrade And Binary Mate Support?
Being able to chat easily with your online platform is a key way of comparing online brokers to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key part of success when trading forex.
Here you can find the languages that both freetrade and Binary Mate offer communication in.
How Many Clients Do freetrade and Binary Mate Have?
Both freetrade and Binary Mate are well known and trusted. 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 they already work with.
Below you will find details of how many users freetrade and Binary Mate are active on their platform
What Payment Methods Do freetrade and Binary Mate Accept?
freetrade and Binary Mate 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 Binary Mate
What Can You Trade With freetrade and Binary Mate?
freetrade offers 115 trading instruments and Binary Mate offers 54.
Below you will find a full breakdown of what both freetrade and Binary Mate offer.
freetrade Review
freetrade vs Binary Mate:
Table Of Contents
- Compare freetrade vs Binary Mate
- Benefits of freetrade and Binary Mate Compared
- Binary Mate and freetrade Mobile App Comparison
- freetrade vs Binary Mate - Awards
- freetrade vs Binary Mate - Frequently Asked Questions
- What is the minimum deposit for Binary Mate or freetrade
- freetrade vs Binary Mate - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And Binary Mate
- What Languages Do freetrade And Binary Mate Support?
- How Many Clients Do freetrade and Binary Mate Have?
- What Payment Methods Do freetrade and Binary Mate Accept?
- What Can You Trade With freetrade and Binary Mate?