freetrade vs forexite, Who's The Best?
Read our In-Depth freetrade vs forexite Review - 2025 Update
Our freetrade vs forexite review has been updated to reflect any changes for 2025 by knowledgeable insiders with considerable expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs forexite 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.
forexite Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs forexite
Every platforms for online trading will have certain ups and downs, so any comprehensive freetrade and forexite review should not be regarded as thorough without adopting an objective perspective.
Assess freetrade and forexite to get a better understanding of the way they line up against one another prior to you decide to create an account. A comparative analysis can place factors in perspective so that you're cognizant of the expectations.
So you are looking for a broker and are choosing between freetrade or forexite. Who should you choose?
Our freetrade vs forexite comparison contains the latest information so you can easily compare forexite against freetrade.
If you are a new entrant in the world of trading and brokerages, so many details will be confusing for you. Getting into the world of trading demands expert analyzing skills and comprehensive understanding. You will acquire adept at all the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. freetrade and forexite are two such platforms which will take you and your investment to great heights. It is important that you compare freetrade vs forexite until you trust them with your money.
Our freetrade vs forexite comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and forexite side by side.
Our full freetrade vs forexite Review covers all you need to learn about trading using either freetrade or forexite. A fantastic broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you must trade with a broker service that aligns with your investing goals.
There is no sure-fire way to ensure profits; therefore, you must carefully analyze your broker before you select them. It is a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
freetrade and forexite are both brokers that have paved their way successfully into the broker world. In this review, we've attempted to collate some of the important aspects of both freetrade and forexite. This review will help you to know whether either forexite or freetrade is a fantastic match for your investments or not. We have attempted to breakdown all the features and fees for your convenience.
Benefits of freetrade and forexite Compared
freetrade has a minimum deposit of $0 while forexite offers a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade and forexite 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 while forexite has around 115 available.
The more financial instruments you can trade on the freetrade and forexite 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 forexite.
freetrade and forexite Contact Details
Being able to contact your broker through many ways is a sign of a professional broker. freetrade and forexite have the following contact details and social medias that you can use.
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Broker | freetrade | forexite |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | forexite Twitter Account | |
freetrade Facebook Page | forexite Facebook Page | |
freetrade Instagram Account | forexite Instagram Account | |
freetrade LinkedIn Page | forexite LinkedIn Page | |
YouTube | freetrade YouTube Channel | forexite YouTube Channel |
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forexite 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.
This part of comparing freetrade and forexite 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 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 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 forexite - Awards
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Broker | freetrade | forexite |
Awards |
freetrade have won numerous industry awards over the time they have been running as an online trading platform. We list the most notable awards for freetrade here.
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At the time of writing this forexite review, and despite forexite’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs forexite - Frequently Asked Questions
freetrade vs forexite - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
forexite was founded in 2010 and has its head office in Switzerland.
What is the minimum deposit for forexite or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for forexite is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both freetrade and forexite are a good choice.
freetrade vs forexite - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
forexite is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F229.
Both freetrade and forexite have a strong collection of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare freetrade vs forexite Commission And Fees
freetrade and forexite are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an online broker is not necessarily affected by the amount of clients they have.
But this doesn't 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 three types of fees for this purpose.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you are paying a spread, financing rate, or a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake in your account. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.
Generally, neither freetrade or forexite charge high fees compared to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for people who often exchange, such as weekly or daily trading.
But, non-trading fees billed by freetrade and forexite are comparatively higher. Consequently, you are billed more for non-trading actions on your trading account, like deposits and withdrawal. These are not related to the sale and purchase of assets.
This freetrade vs forexite review for 2025 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For freetrade And forexite
What Languages Do freetrade And forexite 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 be sure you understand everything on their site and inside their application as it is a key part of success when trading forex.
Below you will find the languages that both freetrade and forexite support.
How Many Clients Do freetrade and forexite Have?
Both freetrade and forexite are well established with their client base. It is really important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many clients freetrade and forexite are active on their platform
What Payment Methods Do freetrade and forexite Accept?
freetrade and forexite 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 forexite
What Can You Trade With freetrade and forexite?
freetrade offers 115 trading instruments whilst forexite offers 112.
Below you will find a full breakdown of what both freetrade and forexite offer.
freetrade Review
freetrade vs forexite:
Table Of Contents
- Compare freetrade vs forexite
- Benefits of freetrade and forexite Compared
- forexite and freetrade Mobile App Comparison
- freetrade vs forexite - Awards
- freetrade vs forexite - Frequently Asked Questions
- What is the minimum deposit for forexite or freetrade
- freetrade vs forexite - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And forexite
- What Languages Do freetrade And forexite Support?
- How Many Clients Do freetrade and forexite Have?
- What Payment Methods Do freetrade and forexite Accept?
- What Can You Trade With freetrade and forexite?