Bulbrokers
freetrade
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Overview
Bulbrokers was founded in 2000 and is headquartered in Bulgaria, while freetrade was established in 2016 and is based in United Kingdom. Bulbrokers holds licences including Financial Services Authority (FSA), while freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821) among others. Bulbrokers serves 10,000+ clients worldwide; freetrade has 890,000+. The minimum deposit is $100 at Bulbrokers and $0 at freetrade.
| Feature | Bulbrokers | freetrade |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Services Authority (FSA) | Financial Conduct Authority. Registered in England and Wales (no. 09797821) |
| Founded | 2000 | 2016 |
| Country | Bulgaria | United Kingdom |
| Clients | 10,000+ | 890,000+ |
Fees
Fees are a critical factor when choosing between Bulbrokers and freetrade, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Bulbrokers). Neither broker charges withdrawal fees. Bulbrokers applies inactivity fees on dormant accounts; freetrade does not. Overall, freetrade scores higher on fees in our assessment.
| Feature | Bulbrokers | freetrade |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
Bulbrokers 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 Bulbrokers does not offer. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | Bulbrokers | freetrade |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | MT4, 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 Bulbrokers and freetrade compare. freetrade runs regular live webinars; Bulbrokers does not. freetrade has a video library; Bulbrokers does not. freetrade publishes daily market commentary; Bulbrokers does not. freetrade integrates third-party research tools (Trading Central, Autochartist); Bulbrokers does not. freetrade maintains an archive of past webinars for on-demand viewing. freetrade scores higher overall in education and research.
| Feature | Bulbrokers | freetrade |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bulbrokers 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.
| Feature | Bulbrokers | freetrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bulbrokers and freetrade offer live chat support. Both provide phone support. Email support is available at both brokers. Bulbrokers supports 2 languages and freetrade supports 8, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | Bulbrokers | freetrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |