freetrade vs Virtual Brokers, Updated for 2024
Virtual Brokers Rating
The value of investments can go up as well as down and you may receive back less than your original investment.
Your capital is at risk
freetrade vs Virtual Brokers Guide
Read our In-Depth freetrade vs Virtual Brokers Review - 2024 Update
This freetrade vs Virtual Brokers review has been refreshed to reflect any changes for 2024 by seasoned professionals with extensive financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs Virtual Brokers 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.
Virtual Brokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs Virtual Brokers
All trading platforms has certain pros and cons, and any comprehensive freetrade and Virtual Brokers review cannnot be regarded as thorough without adopting a balanced approach.
Examine Virtual Brokers and freetrade in order to understand the way they compare to each other prior to you make an account. Performing a comprehensive comparison can bring aspects into perspective to ensure that you are cognizant of what to expect.
So you are looking for a reputable broker and are choosing between freetrade or Virtual Brokers. Who is better in 2024?
This freetrade vs Virtual Brokers comparison contains the most recent information so you can easily compare Virtual Brokers against freetrade.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the area of trading demands expert assessing skills and comprehensive understanding. You will acquire proficient at all the concepts of brokerage since you keep trading. For starters, you need to choose the ideal agent who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment program has the potential to create hefty returns. freetrade and Virtual Brokers are just two such companies which will take you along with your investment to great heights. It's crucial that you compare freetrade vs Virtual Brokers before you trust them with your money.
Our freetrade vs Virtual Brokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and Virtual Brokers side by side.
Our entire freetrade vs Virtual Brokers Review covers everything you will need to learn about trading using either freetrade or Virtual Brokers. A fantastic agent can multiply your first investments and give you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you choose them. It's a common misconception that all brokers will be exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
freetrade and Virtual Brokers are both brokers that have paved their way successfully into the broker world. In this review, we've attempted to collate some of the vital aspects of both freetrade and Virtual Brokers. This review can allow you to know whether either Virtual Brokers or freetrade is a fantastic fit for your own investments or not. We've tried to breakdown all the features and fees for your advantage.
Benefits of freetrade and Virtual Brokers Compared
freetrade offers a minimum deposit of $0 while Virtual Brokers offers a $1000 minimum deposit.
Why smaller minimum deposits are good and how freetrade and Virtual Brokers 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 Virtual Brokers has around 115 financial instruments on their platform.
The more financial instruments you can trade on the freetrade and Virtual Brokers 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 Virtual Brokers.
freetrade and Virtual Brokers Contact Details
Being able to contact a broker through many ways is a sign of a professional broker. freetrade and Virtual Brokers 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||Virtual Brokers Twitter Account|
|freetrade Facebook Page||Virtual Brokers Facebook Page|
|freetrade Instagram Account||Virtual Brokers Instagram Account|
|freetrade LinkedIn Page||Virtual Brokers LinkedIn Page|
|YouTube||freetrade YouTube Channel||Virtual Brokers YouTube Channel|
|Find Out More||
Virtual Brokers 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.
In this part of our comparison of freetrade and Virtual Brokers we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of both apps as better than 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 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 Virtual Brokers - Awards
freetrade have won a lot of industry awards over the years they have been operating as a financial broker. We list the most recognised awards for freetrade below.
|At the time of writing this Virtual Brokers review, and despite Virtual Brokers’s impressive offering, the company has surprisingly not garnered any awards to date.|
|Find Out More||
freetrade vs Virtual Brokers - Frequently Asked Questions
freetrade vs Virtual Brokers - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its head office in United Kingdom.
Virtual Brokers was founded in 2008 and has its headquaters in Canada.
What is the minimum deposit for Virtual Brokers or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for Virtual Brokers is $1000.
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 Virtual Brokers are a good option.
freetrade vs Virtual Brokers - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
Virtual Brokers is regulated by The Investment Industry Regulatory Organization of Canada (IIROC), Canadian Investor Protection Fund (CIPF).
Both freetrade and Virtual Brokers have a powerful set of rules for ensuring fair trading onto their own platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their own privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare freetrade vs Virtual Brokers Commission And Fees
freetrade and Virtual Brokers are online brokerage platforms, and most 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. That is, an internet broker isn't necessarily affected by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 types of fees for this objective.
The first sort of charges to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In such cases, you are paying a spread, funding rate, or a commission. The sorts of trading fees and the prices differ from broker to broker.
Commissions could be fixed or determined by 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 charged when you hold a leveraged position for more than daily.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither freetrade or Virtual Brokers charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who regularly trade, for example daily or weekly trading.
But, non-trading fees billed by freetrade and Virtual Brokers are comparatively greater. Consequently, you are billed more for non-trading activities in your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of resources.
This freetrade vs Virtual Brokers review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For freetrade And Virtual Brokers
What Languages Do freetrade And Virtual Brokers Support?
Being able to talk completely with your online platform is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key factor to success when trading forex.
Below you can find the languages that both freetrade and Virtual Brokers support.
How Many Clients Do freetrade and Virtual Brokers Have?
Both freetrade and Virtual Brokers are well established with their client base. It is important to work with an online broker you can trust 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 customers freetrade and Virtual Brokers are active on their platform
|Clients / Users||890,000+||10,000+|
|Find Out More||
What Payment Methods Do freetrade and Virtual Brokers Accept?
freetrade and Virtual Brokers 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 Virtual Brokers
What Can You Trade With freetrade and Virtual Brokers?
freetrade offers 115 trading instruments whilst Virtual Brokers offers 250.
Below you will find a full breakdown of what both freetrade and Virtual Brokers offer.
freetrade vs Virtual Brokers:
Table Of Contents
- Compare freetrade vs Virtual Brokers
- Benefits of freetrade and Virtual Brokers Compared
- Virtual Brokers and freetrade Mobile App Comparison
- freetrade vs Virtual Brokers - Awards
- freetrade vs Virtual Brokers - Frequently Asked Questions
- What is the minimum deposit for Virtual Brokers or freetrade
- freetrade vs Virtual Brokers - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And Virtual Brokers
- What Languages Do freetrade And Virtual Brokers Support?
- How Many Clients Do freetrade and Virtual Brokers Have?
- What Payment Methods Do freetrade and Virtual Brokers Accept?
- What Can You Trade With freetrade and Virtual Brokers?