selftrade vs forextime, Who's Better?
selftrade Rating
|
forextime Rating
|
Your capital is at risk |
Your capital is at risk |
selftrade vs forextime Guide |
Read our In-Depth selftrade vs forextime Review - 2024 Update
Our review comparing selftrade and forextime has been updated for 2024 by industry experts with considerable expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of selftrade vs forextime does not apply to all countries as follows:
selftrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
forextime Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare selftrade vs forextime
All trading platforms feature certain ups and downs, so any comprehensive review of selftrade and forextime cannnot be regarded as thorough without adopting a fair assessment.
Compare forextime and selftrade in order to understand just how these platforms line up against one another prior to you decide to create an account. Conducting a comparative analysis helps to bring aspects into perspective so that you remain aware of the expectations.
So you are looking for an online trading platform and are choosing between selftrade or forextime. Who should you choose?
This selftrade vs forextime comparison contains the most recent information so you can easily compare forextime against selftrade.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive understanding. You will get adept at all of the concepts of brokerage since you continue trading. For starters, you have to select the ideal broker who will be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. selftrade and forextime are two such trading platforms which will take you along with your investment to great heights. It's important to compare selftrade vs forextime before you trust them with your money.
Our selftrade vs forextime comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust selftrade and forextime side by side.
Our full selftrade vs forextime Review covers everything you will need to know about trading using either selftrade or forextime. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment goals.
There is no sure-fire way to ensure profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments in danger.
selftrade and forextime are both brokers that have forged their way successfully to the broker world. In this review, we have tried to collate a number of the vital aspects of both selftrade and forextime. This review can allow you to understand whether either forextime or selftrade is a fantastic match for your investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Benefits of selftrade and forextime Compared
selftrade offers a minimum deposit of $250 while forextime has a $250 minimum deposit.
Why smaller minimum deposits are good and how selftrade and forextime 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.
selftrade has around 187 financial instruments while forextime has around 187 on their platform.
The more financial instruments you can trade on the selftrade and forextime 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 selftrade or forextime.
selftrade and forextime Contact Details
Being able to contact an online trading platform through many ways is important. selftrade and forextime have the following contact details and social medias that you can use.
Broker | selftrade | forextime |
---|---|---|
Telephone Number | ||
Address | ||
selftrade Twitter Account | forextime Twitter Account | |
selftrade Facebook Page | forextime Facebook Page | |
selftrade Instagram Account | forextime Instagram Account | |
selftrade LinkedIn Page | forextime LinkedIn Page | |
YouTube | selftrade YouTube Channel | forextime YouTube Channel |
Find Out More |
|
|
forextime and selftrade 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 selftrade and forextime 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 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. 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?
selftrade vs forextime - Awards
selftrade vs forextime - Frequently Asked Questions
selftrade vs forextime - Headquarters And Year Of Founding
selftrade was founded in 2013 and has its headquaters in Australia.
forextime was founded in 2011 and has its head office in Lebanon.
What is the minimum deposit for forextime or selftrade
The minimum deposit for selftrade is $250.
The minimum deposit for forextime is $250.
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 selftrade and forextime are a good choice.
selftrade vs forextime - Regulation And Licencing In More Detail
selftrade 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-F304.
forextime 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-F230.
Both selftrade and forextime have a powerful set of rules for ensuring fair trading onto their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare selftrade vs forextime Commission And Fees
selftrade and forextime are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the number of clients 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 three different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you're paying a spread, financing speed, or even a commission. The kinds of trading fees and the prices vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are charged when you maintain a leveraged position for longer than daily.
Aside from trading charges, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They are billed for surgeries like depositing cash, not trading for long periods, or withdrawals.
In general, neither selftrade or forextime charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who often exchange, for example weekly or daily trading.
However, non-trading fees billed by selftrade and forextime are comparatively higher. Consequently, you are billed more for non-trading activities in your trading account, like deposits and withdrawal. These aren't about the sale and purchase of resources.
This selftrade vs forextime review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For selftrade And forextime
Broker | selftrade | forextime |
---|---|---|
Minimum Deposit | $250 | $250 |
Withdrawal Fees | Yes | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | Yes |
CFD Fees | Yes | Yes |
Find Out More |
|
|
What Languages Do selftrade And forextime Support?
Being able to chat completely with your trading broker is a key way of comparing online brokers to find your perfect broker. Not only for support but to ensure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find the languages that both selftrade and forextime support.
How Many Clients Do selftrade and forextime Have?
Both selftrade and forextime 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 customers are using their services.
Below you will find details of how many customers selftrade and forextime have
Broker | selftrade | forextime |
---|---|---|
Clients / Users | 14,000,000+ | 200,000+ |
Find Out More |
|
|
What Payment Methods Do selftrade and forextime Accept?
selftrade and forextime 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 selftrade and forextime
Broker | selftrade | forextime |
---|---|---|
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | Yes |
Skrill | Yes | Yes |
Payoneer | Yes | Yes |
Neteller | Yes | Yes |
Find Out More |
|
|
What Can You Trade With selftrade and forextime?
selftrade offers 187 trading instruments whilst forextime offers 113.
Below you will find a full breakdown of what both selftrade and forextime offer.
selftrade Review
selftrade vs forextime:
Table Of Contents
- Compare selftrade vs forextime
- Benefits of selftrade and forextime Compared
- forextime and selftrade Mobile App Comparison
- selftrade vs forextime - Awards
- selftrade vs forextime - Frequently Asked Questions
- What is the minimum deposit for forextime or selftrade
- selftrade vs forextime - Regulation And Licencing In More Detail
- Compare Broker Fees For selftrade And forextime
- What Languages Do selftrade And forextime Support?
- How Many Clients Do selftrade and forextime Have?
- What Payment Methods Do selftrade and forextime Accept?
- What Can You Trade With selftrade and forextime?