freetrade vs OctaFX, Who's Better?
Read our In-Depth freetrade vs OctaFX Review - 2025 Update
Our freetrade vs OctaFX review has been refreshed to reflect any changes for 2025 from industry experts with extensive financial experience across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs OctaFX 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.
OctaFX Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs OctaFX
Every trading platforms feature a few pros and cons, so a complete analysis of freetrade vs OctaFX would not be regarded as thorough without having a fair assessment.
Examine freetrade and OctaFX in order to understand the way these platforms compare against each other prior to you decide to open an account. Conducting a comparative analysis will put things into perspective to ensure that you're aware of the expectations.
So you are looking for a professional broker and are choosing between freetrade or OctaFX. Which one is best in 2025?
This freetrade vs OctaFX comparison contains the latest information so you can easily compare OctaFX against freetrade.
If you're a new entrant in the world of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You will acquire adept at all of the concepts of brokerage since you continue trading. For starters, you need to choose the right agent who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. freetrade and OctaFX are two such companies which will take you along with your investment into great heights. It's important that you compare freetrade vs OctaFX before you trust them with your cash.
Our freetrade vs OctaFX comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and OctaFX side by side.
Our entire freetrade vs OctaFX Review covers all you need to know about trading using either freetrade or OctaFX. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; therefore, you should carefully assess your broker before you select them. It's a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, initially, can put your investments in danger.
freetrade and OctaFX are both brokers which have found their way successfully into the broker world. Within this review, we've attempted to collate some of the vital aspects of both freetrade and OctaFX. This review will allow you to know whether either OctaFX or freetrade is a good match for your investments or not. We've tried to breakdown all of the features and charges for your advantage.
Benefits of freetrade and OctaFX Compared
freetrade offers a minimum deposit of $0 while OctaFX offers a $5 minimum deposit.
Why smaller minimum deposits are good and how freetrade and OctaFX 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 OctaFX has around 115 financial instruments available.
The more financial instruments you can trade on the freetrade and OctaFX 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 should never want to miss out on a trading opportunity due to the limitations of freetrade or OctaFX.
freetrade and OctaFX Contact Details
Being able to contact your broker easily is important. freetrade and OctaFX have the following contact details and social medias that you can use.
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Broker | freetrade | OctaFX |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | smm@octafx.com | |
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | 133 HOUNDSDITCH, London, Greater London EC3A 7BX |
freetrade Twitter Account | OctaFX Twitter Account | |
freetrade Facebook Page | OctaFX Facebook Page | |
freetrade Instagram Account | OctaFX Instagram Account | |
freetrade LinkedIn Page | OctaFX LinkedIn Page | |
YouTube | freetrade YouTube Channel | OctaFX YouTube Channel |
Find Out More |
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OctaFX 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 OctaFX will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the 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. 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 OctaFX - Awards
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Broker | freetrade | OctaFX |
Awards |
freetrade have won several industry awards over the years they have been running as an online broker. We detail the most recognised awards for freetrade below.
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At the time of writing this OctaFX review, and despite OctaFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs OctaFX - Frequently Asked Questions
freetrade vs OctaFX - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
OctaFX was founded in 2014 and has its headquaters in St. Vincent and the Grenadines.
What is the minimum deposit for OctaFX or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for OctaFX is $5.
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 OctaFX are a good choice.
freetrade vs OctaFX - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
OctaFX is regulated by Financial Conduct Authority (FCA).
Both freetrade and OctaFX have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare freetrade vs OctaFX Commission And Fees
freetrade and OctaFX are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't 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 a variety of services to make money. There are primarily 3 types of fees for this objective.
The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you're spending a spread, funding speed, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight rates are those who are charged when you maintain a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your account. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or OctaFX charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
However, non-trading fees charged by freetrade and OctaFX are relatively competitive. Consequently, you are billed more for non-trading activities in your trading account, like withdrawal and deposits. These are not related to the purchase and sale of assets.
This freetrade vs OctaFX review for 2025 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And OctaFX
What Languages Do freetrade And OctaFX Support?
Being able to communicate completely with your trading broker is a key element when comparing online brokers 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 forex.
Here you can find all the languages that both freetrade and OctaFX offer communication in.
How Many Clients Do freetrade and OctaFX Have?
Both freetrade and OctaFX are well established with their customer base. It is really 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 are using their services.
Below you will find details of how many users freetrade and OctaFX are working with
What Payment Methods Do freetrade and OctaFX Accept?
freetrade and OctaFX 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 OctaFX
What Can You Trade With freetrade and OctaFX?
freetrade offers 115 trading instruments while OctaFX offers .
Below you will find a full breakdown of what both freetrade and OctaFX offer.
freetrade Review
freetrade vs OctaFX:
Table Of Contents
- Compare freetrade vs OctaFX
- Benefits of freetrade and OctaFX Compared
- OctaFX and freetrade Mobile App Comparison
- freetrade vs OctaFX - Awards
- freetrade vs OctaFX - Frequently Asked Questions
- What is the minimum deposit for OctaFX or freetrade
- freetrade vs OctaFX - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And OctaFX
- What Languages Do freetrade And OctaFX Support?
- How Many Clients Do freetrade and OctaFX Have?
- What Payment Methods Do freetrade and OctaFX Accept?
- What Can You Trade With freetrade and OctaFX?