freetrade vs IG, 2024 Update
Read our In-Depth freetrade vs IG Review - Updated for 2024
Our freetrade vs IG review has been revised for 2024 from industry experts boasting extensive financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs IG 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.
IG Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs IG
All trading platforms feature a few pros and cons, so any comprehensive freetrade and IG review should not be complete without embracing an objective perspective.
Compare freetrade and IG to get a better understanding of how these platforms compare against one another before you choose to make an account. Performing a comparative analysis will place factors into perspective in order that you're cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between freetrade or IG. Who should you choose?
This freetrade vs IG comparison contains the latest information so you can easily compare IG against freetrade.
If you are a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll get proficient at all of the concepts of brokerage since you keep trading. For starters, you need to choose the ideal agent who'll be clear with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. freetrade and IG are just two such platforms which will take you along with your investment to great heights. It is crucial that you compare freetrade vs IG before you trust them with your cash.
Our freetrade vs IG comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and IG side by side.
Our full freetrade vs IG Review covers everything you will need to know about trading with either freetrade or IG. 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 goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you choose them. It's a common misconception that all agents will be exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
freetrade and IG are both brokers that have found their way successfully to the brokerage world. In this review, we've attempted to collate a number of the important aspects of both freetrade and IG. This review will help you to understand whether either IG or freetrade is a fantastic match for your own investments or not. We have attempted to breakdown all the qualities and fees for your convenience.
Benefits of freetrade and IG Compared
freetrade has a minimum deposit of $0 while IG offers a $200 minimum deposit.
Why smaller minimum deposits are good and how freetrade and IG 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 whilst IG allows you to trade around 115 financial instruments on their platform.
The more financial instruments you can trade on the freetrade and IG 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 IG.
freetrade and IG Contact Details
Being able to contact an online trading platform through many ways is vital. freetrade and IG have the following contact details and social medias that you can use.
|Telephone Number||+44 203 488 2539|
|Address||68 Hanbury St, London, Greater London E1 5JL, GB|
|freetrade Twitter Account||IG Twitter Account|
|freetrade Facebook Page||IG Facebook Page|
|freetrade Instagram Account||IG Instagram Account|
|freetrade LinkedIn Page||IG LinkedIn Page|
|YouTube||freetrade YouTube Channel||IG YouTube Channel|
|Find Out More||
IG 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 IG will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
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 IG - Awards
freetrade have won many industry awards over the years they have been running as an online broker. We list the most recognised awards for freetrade below.
|At the time of writing this IG review, and despite IG’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
freetrade vs IG - Frequently Asked Questions
freetrade vs IG - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
IG was founded in 1974 and has its headquaters in UK.
What is the minimum deposit for IG or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for IG is $200.
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 IG are a good option.
freetrade vs IG - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
Both freetrade and IG have a strong collection of rules for ensuring fair trading on their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, client information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs IG Commission And Fees
freetrade and IG are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the businesses of online trading platforms are scaled much better. In other words, an online broker is not necessarily influenced by the number of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 types of penalties for this objective.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you are paying a spread, financing rate, or a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are those who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're billed for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither freetrade or IG charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by freetrade and IG are relatively higher. Consequently, you're billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These aren't related to the sale and purchase of assets.
This freetrade vs IG review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And IG
What Languages Do freetrade And IG Support?
Being able to communicate completely with your trading platform is a key way of comparing online brokers to find the best 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 online.
Here you can find all the languages that both freetrade and IG support.
How Many Clients Do freetrade and IG Have?
Both freetrade and IG are well established with their client base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients freetrade and IG are active on their platform
What Payment Methods Do freetrade and IG Accept?
freetrade and IG 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 IG
What Can You Trade With freetrade and IG?
freetrade offers 115 trading instruments and IG offers 10,000.
Below you will find a full breakdown of what both freetrade and IG offer.
freetrade vs IG:
Table Of Contents
- Compare freetrade vs IG
- Benefits of freetrade and IG Compared
- IG and freetrade Mobile App Comparison
- freetrade vs IG - Awards
- freetrade vs IG - Frequently Asked Questions
- What is the minimum deposit for IG or freetrade
- freetrade vs IG - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And IG
- What Languages Do freetrade And IG Support?
- How Many Clients Do freetrade and IG Have?
- What Payment Methods Do freetrade and IG Accept?
- What Can You Trade With freetrade and IG?