freetrade vs WiseAlpha, Who's Better?
Read our In-Depth freetrade vs WiseAlpha Review - 2025 Update
This review comparing freetrade and WiseAlpha has been refreshed to reflect any changes for 2025 from industry experts with years of expertise across Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs WiseAlpha 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.
WiseAlpha Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs WiseAlpha
All online trading platforms has some ups and downs, so any comprehensive freetrade and WiseAlpha review should not be complete without having a fair assessment.
Assess WiseAlpha and freetrade to understand the way these platforms compare against each other before you decide to create an account. A comprehensive comparison can put things into perspective in order that you remain cognizant of what to expect.
So you are looking for an online trading platform and are choosing between freetrade or WiseAlpha. Who is better in 2025?
This freetrade vs WiseAlpha comparison contains the latest information so you can easily compare WiseAlpha against freetrade.
If you're a new entrant in the realm of trading and brokerages, so many details will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you have to choose the right broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to generate hefty returns. freetrade and WiseAlpha are two such companies that will take you along with your investment into great heights. It is important to compare freetrade vs WiseAlpha before you trust them with your money.
Our freetrade vs WiseAlpha comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and WiseAlpha side by side.
Our entire freetrade vs WiseAlpha Review covers everything you need to know about trading using either freetrade or WiseAlpha. A good agent can multiply your initial investments and give you favorable profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you select them. It is 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 in danger.
freetrade and WiseAlpha are both brokers that have forged their way successfully to the brokerage world. Within this review, we've tried to collate a number of the vital facets of both freetrade and WiseAlpha. This review can allow you to know whether either WiseAlpha or freetrade is a good fit for your investments or not. We've attempted to breakdown all of the features and fees for your convenience.
Benefits of freetrade and WiseAlpha Compared
freetrade offers a minimum deposit of $0 while WiseAlpha has a $0 minimum deposit.
Why smaller minimum deposits are good and how freetrade and WiseAlpha 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 WiseAlpha allows you to trade around 115 financial instruments on their platform.
The more financial instruments you can trade on the freetrade and WiseAlpha 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 WiseAlpha.
freetrade and WiseAlpha Contact Details
Being able to contact an online trading platform through many ways is vital. freetrade and WiseAlpha have the following contact details and social medias that you can use.
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| Broker | freetrade | WiseAlpha |
| Telephone Number | +44 203 488 2539 | |
| hello@freetrade.io | ||
| Address | 68 Hanbury St, London, Greater London E1 5JL, GB | |
| freetrade Twitter Account | WiseAlpha Twitter Account | |
| freetrade Facebook Page | WiseAlpha Facebook Page | |
| freetrade Instagram Account | WiseAlpha Instagram Account | |
| freetrade LinkedIn Page | WiseAlpha LinkedIn Page | |
| YouTube | freetrade YouTube Channel | WiseAlpha YouTube Channel |
| Find Out More |
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WiseAlpha 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 WiseAlpha 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 important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 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 WiseAlpha - Awards
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| Broker | freetrade | WiseAlpha |
| Awards |
freetrade have won a lot of industry awards over the time they have been running as an online broker. We list the most notable awards for freetrade here.
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At the time of writing this WiseAlpha review, and despite WiseAlpha’s impressive offering, the company has surprisingly not garnered any awards to date. |
| Find Out More |
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freetrade vs WiseAlpha - Frequently Asked Questions
freetrade vs WiseAlpha - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
WiseAlpha was founded in 2008 and has its headquaters in UK.
What is the minimum deposit for WiseAlpha or freetrade
The minimum deposit for freetrade is $0.
The minimum deposit for WiseAlpha is $0.
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 WiseAlpha are a good choice.
freetrade vs WiseAlpha - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
WiseAlpha is regulated by Financial Conduct Authority (FCA).
Both freetrade and WiseAlpha have a strong collection of rules for ensuring honest trading on their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their privacy policies, client information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs WiseAlpha Commission And Fees
freetrade and WiseAlpha are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, 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 a variety of services to earn money. There are primarily 3 types of fees for this objective.
The first sort of charges to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are 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 can be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are those that are charged when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're billed for surgeries like depositing money, not investing for long periods, or withdrawals.
In general, neither freetrade or WiseAlpha charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who often trade, such as weekly or daily trading.
But, non-trading fees billed by freetrade and WiseAlpha are comparatively higher. As a result, you're billed more for non-trading actions in your trading account, like withdrawal and deposits. These are not about the purchase and sale of assets.
This freetrade vs WiseAlpha review for 2025 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For freetrade And WiseAlpha
What Languages Do freetrade And WiseAlpha Support?
Being able to talk completely with your trading broker is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you can find the languages that both freetrade and WiseAlpha support.
How Many Clients Do freetrade and WiseAlpha Have?
Both freetrade and WiseAlpha are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many users freetrade and WiseAlpha are working with
What Payment Methods Do freetrade and WiseAlpha Accept?
freetrade and WiseAlpha 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 WiseAlpha
What Can You Trade With freetrade and WiseAlpha?
freetrade offers 115 trading instruments while WiseAlpha offers 258.
Below you will find a full breakdown of what both freetrade and WiseAlpha offer.
freetrade Review
freetrade vs WiseAlpha:
Table Of Contents
- Compare freetrade vs WiseAlpha
- Benefits of freetrade and WiseAlpha Compared
- WiseAlpha and freetrade Mobile App Comparison
- freetrade vs WiseAlpha - Awards
- freetrade vs WiseAlpha - Frequently Asked Questions
- What is the minimum deposit for WiseAlpha or freetrade
- freetrade vs WiseAlpha - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And WiseAlpha
- What Languages Do freetrade And WiseAlpha Support?
- How Many Clients Do freetrade and WiseAlpha Have?
- What Payment Methods Do freetrade and WiseAlpha Accept?
- What Can You Trade With freetrade and WiseAlpha?

