B

Bailieu

6.3/10
freetrade logo

freetrade

8.9/10
7/10WinnerRegulation5/10
1/10FeesWinner10/10
7/10PlatformsWinner10/10
10/10Education & ResearchTied10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

Bailieu was founded in 2012 and is headquartered in Australia, while freetrade was established in 2016 and is based in United Kingdom. Bailieu holds licences including Australian Securities and Investment Commission (ASIC), while freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) among others. Bailieu serves 10,000+ clients worldwide; freetrade has 890,000+. The minimum deposit is $10000 at Bailieu and $0 at freetrade.

freetrade wins this category
FeatureBailieufreetrade
Min. Deposit$10000$0
RegulationAustralian Securities and Investment Commission (ASIC)Financial Conduct Authority. Registered in England and Wales (no. 09797821)
Founded20122016
CountryAustraliaUnited Kingdom
Clients10,000+890,000+

Fees

Fees are a critical factor when choosing between Bailieu and freetrade, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $10000 at Bailieu). Neither broker charges withdrawal fees. Overall, freetrade scores higher on fees in our assessment.

freetrade wins this category
FeatureBailieufreetrade
Min. Deposit$10000$0
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bailieu offers MT5, cTrader, while freetrade supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. freetrade supports social and copy trading features, which Bailieu does not offer. freetrade edges ahead on platform breadth and functionality in our scoring.

freetrade wins this category
FeatureBailieufreetrade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and freetrade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.

Tied
FeatureBailieufreetrade
Forex EducationYesYes
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while freetrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.

freetrade wins this category
FeatureBailieufreetrade
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bailieu and freetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Bailieu supports 2 languages and freetrade supports 8, giving freetrade broader global reach. Both brokers are comparable on support quality.

Tied
FeatureBailieufreetrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic