freetrade vs WellsTrade, for 2025
Read our In-Depth freetrade vs WellsTrade Review - for 2025
This freetrade vs WellsTrade review has been revised to reflect any changes for 2025 by industry experts 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 WellsTrade 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.
WellsTrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs WellsTrade
Each platforms for online trading has certain pros and cons, and a complete review of freetrade and WellsTrade should not be regarded as thorough without having a balanced approach.
Examine WellsTrade and freetrade to get a better understanding of how they compare with one another before you open an account. Conducting a side-by-side comparison will place factors into perspective so that you remain informed about what you should anticipate.
So you are looking for a broker and are choosing between freetrade or WellsTrade. Which one is best in 2025?
This freetrade vs WellsTrade comparison contains the latest information so you can easily compare WellsTrade against freetrade.
If you are a new entrant in the realm of trading and brokerages, so many nuances will be confusing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You'll acquire adept at all of the concepts of broker as you keep trading. For starters, you need to select the ideal broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. freetrade and WellsTrade are two such companies which will take you and your investment into great heights. It's important to compare freetrade vs WellsTrade until you trust them with your cash.
Our freetrade vs WellsTrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and WellsTrade side by side.
Our entire freetrade vs WellsTrade Review covers all you will need to know about trading using either freetrade or WellsTrade. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you select them. It's a frequent misconception that all agents are the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
freetrade and WellsTrade are both brokers which have forged their way successfully into the broker world. Within this review, we have attempted to collate some of the vital facets of both freetrade and WellsTrade. This review can help you to understand whether either WellsTrade or freetrade is a fantastic fit for your investments or not. We've attempted to breakdown all of the features and charges for your convenience.
Benefits of freetrade and WellsTrade Compared
freetrade offers a minimum deposit of $0 while WellsTrade offers a $30 minimum deposit.
Why smaller minimum deposits are good and how freetrade and WellsTrade 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 while WellsTrade has around 115 available.
The more financial instruments you can trade on the freetrade and WellsTrade 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 should never want to miss out on a trading opportunity due to the limitations of freetrade or WellsTrade.
freetrade and WellsTrade Contact Details
Being able to contact a broker simply is vital. freetrade and WellsTrade have the following contact details and social medias that you can use.
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Broker | freetrade | WellsTrade |
Telephone Number | +44 203 488 2539 | |
hello@freetrade.io | ||
Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
freetrade Twitter Account | WellsTrade Twitter Account | |
freetrade Facebook Page | WellsTrade Facebook Page | |
freetrade Instagram Account | WellsTrade Instagram Account | |
freetrade LinkedIn Page | WellsTrade LinkedIn Page | |
YouTube | freetrade YouTube Channel | WellsTrade YouTube Channel |
Find Out More |
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WellsTrade 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 WellsTrade we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as better than 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. 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 WellsTrade - Awards
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Broker | freetrade | WellsTrade |
Awards |
freetrade have won several industry awards over the time they have been operating as an online broker. We detail the most notable awards for freetrade below.
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At the time of writing this WellsTrade review, and despite WellsTrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
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freetrade vs WellsTrade - Frequently Asked Questions
freetrade vs WellsTrade - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
WellsTrade was founded in 2008 and has its head office in United States.
What is the minimum deposit for WellsTrade or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for WellsTrade is $30.
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 WellsTrade are a good choice.
freetrade vs WellsTrade - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
WellsTrade is regulated by Unregulated.
WellsTrade is unregulated but freetrade has a strong collection of rules for ensuring fair trading on its own platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).
As per their privacy policy, client data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare freetrade vs WellsTrade Commission And Fees
freetrade and WellsTrade are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the number of customers they have.
However, this doesn't 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 three types of penalties for this objective.
The first sort of fees to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you are paying a spread, funding speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake in your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, neither freetrade or WellsTrade charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This can be beneficial for those who regularly exchange, such as weekly or daily trading.
But, non-trading fees billed by freetrade and WellsTrade are comparatively competitive. Consequently, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These are not related to the sale and purchase of resources.
This freetrade vs WellsTrade review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For freetrade And WellsTrade
What Languages Do freetrade And WellsTrade Support?
Being able to talk completely with your trading broker is a key element when comparing brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Below you will find the languages that both freetrade and WellsTrade offer communication in.
How Many Clients Do freetrade and WellsTrade Have?
Both freetrade and WellsTrade are well established with their client base. It is really important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many clients freetrade and WellsTrade are active on their platform
What Payment Methods Do freetrade and WellsTrade Accept?
freetrade and WellsTrade 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 WellsTrade
What Can You Trade With freetrade and WellsTrade?
freetrade offers 115 trading instruments whilst WellsTrade offers 254.
Below you will find a full breakdown of what both freetrade and WellsTrade offer.
freetrade Review
freetrade vs WellsTrade:
Table Of Contents
- Compare freetrade vs WellsTrade
- Benefits of freetrade and WellsTrade Compared
- WellsTrade and freetrade Mobile App Comparison
- freetrade vs WellsTrade - Awards
- freetrade vs WellsTrade - Frequently Asked Questions
- What is the minimum deposit for WellsTrade or freetrade
- freetrade vs WellsTrade - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And WellsTrade
- What Languages Do freetrade And WellsTrade Support?
- How Many Clients Do freetrade and WellsTrade Have?
- What Payment Methods Do freetrade and WellsTrade Accept?
- What Can You Trade With freetrade and WellsTrade?