freetrade vs justforex, 2023 Update
Read our In-Depth freetrade vs justforex Review - Updated for 2023
This freetrade vs justforex review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this freetrade vs justforex review 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.
justforex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs justforex
Every online trading platform has some pros and cons, and no freetrade and justforex review would be complete without having a balanced approach. Compare freetrade and justforex to understand how they line up against each other before you create an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for an online trading platform and are choosing between freetrade or justforex. Which one is best in 2023?
Our freetrade vs justforex comparison contains the most recent information so you can easily compare justforex against freetrade.
If you are a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You will acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
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 create hefty returns. freetrade and justforex are two such stages which will take you along with your investment into great heights. It's crucial that you compare freetrade vs justforex until you trust them with your money.
Our freetrade vs justforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and justforex side by side.
Our full freetrade vs justforex Review covers all you will need to know about trading with either freetrade or justforex. A good agent can multiply your initial investments and give you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you should carefully assess your agent before you select them. It's a common misconception that all agents are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.
freetrade and justforex are both brokers which have found their way successfully into the broker world. Within this review, we have tried to collate a number of the vital aspects of both freetrade and justforex. This review can allow you to know whether either justforex or freetrade is a good match for your own investments or not. We have attempted to breakdown all the features and fees for your advantage.
Benefits of freetrade and justforex Compared
freetrade offers a minimum deposit of $0 while justforex has a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade and justforex 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 justforex allows you to trade around 115 on their platform.
The more financial instruments you can trade on the freetrade and justforex 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 justforex.
freetrade and justforex Contact Details
Being able to contact a broker through many ways is important. freetrade and justforex have the following contact details and social medias that you can use.
|
|
||
|---|---|---|
| Broker | freetrade | justforex |
| Telephone Number | +44 203 488 2539 | |
| hello@freetrade.io | ||
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
| freetrade Twitter Account | justforex Twitter Account | |
| freetrade Facebook Page | justforex Facebook Page | |
| freetrade Instagram Account | justforex Instagram Account | |
| freetrade LinkedIn Page | justforex LinkedIn Page | |
| YouTube | freetrade YouTube Channel | justforex YouTube Channel |
| Find Out More |
|
|
justforex 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.
In this part of our comparison of freetrade and justforex 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
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 justforex - Awards
|
|
||
|---|---|---|
| Broker | freetrade | justforex |
| Awards |
freetrade have won a lot of industry awards over the years they have been running as an online trading platform. We list the most recognised awards for freetrade below.
|
At the time of writing this justforex review, and despite justforex’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
|
|
freetrade vs justforex - Frequently Asked Questions
freetrade vs justforex - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
justforex was founded in 2010 and has its head office in UK.
What is the minimum deposit for justforex or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for justforex is $250.
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 justforex are a good option.
freetrade vs justforex - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
justforex 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-F265.
Both freetrade and justforex have a powerful set of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs justforex Commission And Fees
freetrade and justforex are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily influenced by the number of customers they have.
But this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are primarily three types of penalties for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In these instances, you're spending a spread, funding rate, or even a commission. The sorts of trading fees and the rates vary 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. Funding or overnight prices are people who are billed when you maintain a leveraged position for more than daily.
Apart from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or justforex charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser sum. This can be beneficial for people who often trade, for example weekly or daily trading.
However, non-trading fees billed by freetrade and justforex are relatively competitive. As a result, you are billed more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This freetrade vs justforex review for 2023 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For freetrade And justforex
What Languages Do freetrade And justforex Support?
Being able to talk easily with your online broker is a key part of comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Below you can find all the languages that both freetrade and justforex support.
How Many Clients Do freetrade and justforex Have?
Both freetrade and justforex are well established with their client base. It is really important to work with a broker you can trust and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many customers freetrade and justforex have
What Payment Methods Do freetrade and justforex Accept?
freetrade and justforex 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 justforex
What Can You Trade With freetrade and justforex?
freetrade offers 115 trading instruments while justforex offers 148.
Below you will find a full breakdown of what both freetrade and justforex offer.
Compare freetrade To All Other Brokers
Compare justforex To All Other Brokers