freetrade vs sogotrade, for 2025
Read our In-Depth freetrade vs sogotrade Review - 2025 Update
Our review comparing freetrade and sogotrade has been refreshed to reflect any changes for 2025 from seasoned professionals with extensive expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs sogotrade 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.
sogotrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs sogotrade
All online trading platforms feature some ups and downs, so a complete freetrade and sogotrade review would not be complete without having a balanced approach.
Examine freetrade and sogotrade to get a better understanding of how they line up to each other before you open an account. A comparative analysis can put things into perspective to ensure that you remain cognizant of the expectations.
So you are looking for an online trading platform and are choosing between freetrade or sogotrade. Which one is best in 2025?
Our freetrade vs sogotrade comparison contains the latest information so you can easily compare sogotrade against freetrade.
If you're a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough understanding. You will acquire adept at all of the concepts of broker since you keep trading. For starters, you have to select the right agent who will be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. freetrade and sogotrade are two such companies which will take you along with your investment into great heights. It is important to compare freetrade vs sogotrade before you trust them with your cash.
Our freetrade vs sogotrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and sogotrade side by side.
Our entire freetrade vs sogotrade Review covers all you need to know about trading using either freetrade or sogotrade. A good broker can multiply your first investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you select them. It's a common misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
freetrade and sogotrade are both brokers that have found their way successfully to the broker world. In this review, we have tried to collate a number of the important facets of both freetrade and sogotrade. This review can allow you to understand whether either sogotrade or freetrade is a good fit for your own investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of freetrade and sogotrade Compared
freetrade offers a minimum deposit of $0 while sogotrade has a $250 minimum deposit.
Why smaller minimum deposits are good and how freetrade and sogotrade 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 while sogotrade allows you to trade around 115 financial instruments available.
The more instruments you can trade on the freetrade and sogotrade 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 seriously do not want to miss out on a trading opportunity due to the limitations of freetrade or sogotrade.
freetrade and sogotrade Contact Details
Being able to contact an online trading platform through many ways is important. freetrade and sogotrade have the following contact details and social medias that you can use.
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Broker | freetrade | sogotrade |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | sogotrade Twitter Account | |
freetrade Facebook Page | sogotrade Facebook Page | |
freetrade Instagram Account | sogotrade Instagram Account | |
freetrade LinkedIn Page | sogotrade LinkedIn Page | |
YouTube | freetrade YouTube Channel | sogotrade YouTube Channel |
Find Out More |
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sogotrade 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 sogotrade will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both 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
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 sogotrade - Awards
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Broker | freetrade | sogotrade |
Awards |
freetrade have won numerous industry awards over the time they have been running as an online broker. We detail the most recognised awards for freetrade here.
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At the time of writing this sogotrade review, and despite sogotrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs sogotrade - Frequently Asked Questions
freetrade vs sogotrade - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
sogotrade was founded in 2016 and has its head office in USA.
What is the minimum deposit for sogotrade or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for sogotrade 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 sogotrade are a good option.
freetrade vs sogotrade - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
sogotrade 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-F307.
Both freetrade and sogotrade have a strong collection of rules for ensuring honest trading onto their platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their privacy policies, client data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs sogotrade Commission And Fees
freetrade and sogotrade 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 better. In other words, an internet broker is not necessarily influenced by the amount of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of fees for this objective.
The first kind of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you are charged trading fees. In such cases, you're spending a spread, financing speed, or even a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight prices are people who are billed 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 in your account. They're charged for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or sogotrade charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees billed by freetrade and sogotrade are comparatively competitive. As a result, you're charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These aren't about the purchase and sale of resources.
This freetrade vs sogotrade review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And sogotrade
What Languages Do freetrade And sogotrade Support?
Being able to communicate completely with your online platform is a key element when comparing online brokers 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 part of success when trading online.
Here you will find the languages that both freetrade and sogotrade support.
How Many Clients Do freetrade and sogotrade Have?
Both freetrade and sogotrade are well established with their client base. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users freetrade and sogotrade are active on their platform
What Payment Methods Do freetrade and sogotrade Accept?
freetrade and sogotrade 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 sogotrade
What Can You Trade With freetrade and sogotrade?
freetrade offers 115 trading instruments and sogotrade offers 190.
Below you will find a full breakdown of what both freetrade and sogotrade offer.
freetrade Review
freetrade vs sogotrade:
Table Of Contents
- Compare freetrade vs sogotrade
- Benefits of freetrade and sogotrade Compared
- sogotrade and freetrade Mobile App Comparison
- freetrade vs sogotrade - Awards
- freetrade vs sogotrade - Frequently Asked Questions
- What is the minimum deposit for sogotrade or freetrade
- freetrade vs sogotrade - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And sogotrade
- What Languages Do freetrade And sogotrade Support?
- How Many Clients Do freetrade and sogotrade Have?
- What Payment Methods Do freetrade and sogotrade Accept?
- What Can You Trade With freetrade and sogotrade?