freetrade vs forexite, Who's The Best?
Read our In-Depth freetrade vs forexite Review - Updated for 2025
Our freetrade vs forexite review has been revised to reflect any changes for 2025 by industry experts with significant financial experience 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
Each online trading platforms has certain ups and downs, and a complete freetrade and forexite review would not be complete without embracing a balanced approach.
Assess forexite and freetrade to understand how they stack up with each other prior to you open an account. Performing a comprehensive comparison helps to place factors in perspective in order that you're informed about the expectations.
So you are looking for a broker and are choosing between freetrade or forexite. Who should you choose?
This freetrade vs forexite comparison contains the most recent information so you can easily compare forexite against freetrade.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading demands expert assessing skills and thorough knowledge. You will acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal broker who'll be clear with you always.
Within 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 just two such platforms that will take you along with your investment to great heights. It's important to compare freetrade vs forexite before 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 entire freetrade vs forexite Review covers all you will need to learn about trading with either freetrade or forexite. A fantastic broker can multiply your initial investments and give you positive profits. If you want to make profits, you should trade with a broker service that contrasts with your investing goals.
There is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
freetrade and forexite are both brokers that have found their way successfully into the brokerage world. Within this review, we've attempted to collate some of the vital aspects of both freetrade and forexite. This review can help you to know whether either forexite or freetrade is a good fit for your investments or not. We have attempted to breakdown all of the qualities and fees for your advantage.
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 whilst forexite has around 115 on their platform.
The more instruments you can trade on the freetrade and forexite 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 never 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 simply is vital. 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 |
Find Out More |
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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.
We rate overall the user-friendliness of the apps as Better than the 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. 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 forexite - Awards
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Broker | freetrade | forexite |
Awards |
freetrade have won a lot of industry awards over the time they have been operating as an online broker. We detail the most notable awards for freetrade below.
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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 headquaters 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 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 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 powerful collection of rules for ensuring fair trading on their individual platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
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 bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily influenced by the amount of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this objective.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are billed trading fees. In such instances, you are paying a spread, financing rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people who are charged when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or forexite charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who often trade, for example daily or weekly trading.
However, non-trading fees charged by freetrade and forexite are relatively higher. As a result, you are charged more for non-trading actions in your trading accounts, 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 relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And forexite
What Languages Do freetrade And forexite Support?
Being able to communicate completely with your trading platform is a key way of comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
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 customer base. It is really important to work with an online 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 users freetrade and forexite have
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 and 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?