freetrade vs Ellevest, 2025 Update

Compare freetrade vs Ellevest

Every online trading platforms feature some ups and downs, and a complete analysis of freetrade vs Ellevest cannnot be complete without having a balanced approach.

Compare Ellevest and freetrade in order to understand the way these platforms compare to one another before you choose to create an account. A side-by-side comparison will put things in perspective in order that you're informed about what you should anticipate.

So you are looking for a reputable broker and are choosing between freetrade or Ellevest. Who is better in 2025?

Our freetrade vs Ellevest comparison contains the most recent information so you can easily compare Ellevest against freetrade.

If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough understanding. You will get proficient at all the concepts of brokerage as you keep trading. For starters, you need to select the right agent who will be clear with you constantly.

In this fast-paced world 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 Ellevest are two such companies that will take you along with your investment into great heights. It's important that you compare freetrade vs Ellevest before you trust them with your cash.

Our freetrade vs Ellevest comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Ellevest side by side.

Our full freetrade vs Ellevest Review covers everything you need to know about trading using either freetrade or Ellevest. A fantastic broker can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.

There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully assess your broker before you select them. It is a common misconception that all agents will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.

freetrade and Ellevest are both brokers that have forged their way successfully to the broker world. In this review, we have attempted to collate a number of the important aspects of both freetrade and Ellevest. This review can allow you to understand whether either Ellevest or freetrade is a fantastic fit for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.

Benefits of freetrade and Ellevest Compared

freetrade has a minimum deposit of $0 while Ellevest has a $1 minimum deposit.

Why smaller minimum deposits are good and how freetrade and Ellevest 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 Ellevest allows you to trade around 115 financial instruments available.

The more financial instruments you can trade on the freetrade and Ellevest 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 Ellevest.

freetrade and Ellevest Contact Details

Being able to contact your broker simply is vital. freetrade and Ellevest have the following contact details and social medias that you can use.

Ellevest 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.

In this part of our comparison of freetrade and Ellevest we'll check whether either of their mobile apps tick all the boxes.

We rate overall 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

Although most brokers do OK in this area, there are some bad apples out there. 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 Ellevest - Awards

freetrade vs Ellevest - Frequently Asked Questions

freetrade vs Ellevest - Headquarters And Year Of Founding

freetrade was founded in 2016 and has its head office in United Kingdom.

Ellevest was founded in 2008 and has its headquaters in USA.

What is the minimum deposit for Ellevest or freetrade

The minimum deposit for freetrade is $0.

The minimum deposit for Ellevest 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 Ellevest are a good option.

freetrade vs Ellevest - Regulation And Licencing In More Detail

freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).

Ellevest is regulated by Unregulated.

Ellevest is unregulated but freetrade has a strong collection of rules for ensuring fair trading on its individual platforms. For information encryption functions, 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. Including credit history and other financial information.

Compare freetrade vs Ellevest Commission And Fees

freetrade and Ellevest are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an internet broker is not necessarily influenced 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 primarily 3 different types of fees 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 fees. In these instances, you are 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 cost. Funding or overnight prices are those who are billed when you hold a leveraged position for more than daily.

Apart from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake on your account. They're billed for operations like depositing cash, not trading for long periods, or withdrawals.

In general, neither freetrade or Ellevest charge high fees in comparison to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly trade, for example weekly or daily trading.

But, non-trading fees charged by freetrade and Ellevest are relatively competitive. As a result, you are billed more for non-trading actions in your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of assets.

This freetrade vs Ellevest review for 2025 breaks down every one of the applicable non-trading fees for you in detail.

Compare Broker Fees For freetrade And Ellevest

What Languages Do freetrade And Ellevest Support?

Being able to chat completely with your trading platform is a key part of comparing brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their app as it is a key part of success when trading forex.

Below you will find the languages that both freetrade and Ellevest support.

How Many Clients Do freetrade and Ellevest Have?

Both freetrade and Ellevest are well established with their customer base. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many clients they already work with.

Below you will find details of how many customers freetrade and Ellevest have

What Payment Methods Do freetrade and Ellevest Accept?

freetrade and Ellevest 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 Ellevest

What Can You Trade With freetrade and Ellevest?

freetrade offers 115 trading instruments whilst Ellevest offers 275.

Below you will find a full breakdown of what both freetrade and Ellevest offer.