freetrade
Oinvest
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Overview
freetrade was founded in 2016 and is headquartered in United Kingdom, while Oinvest was established in 2019 and is based in South Africa. freetrade holds licences including Financial Conduct Authority. Registered in England and Wales (no. 09797821), while Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA) among others. freetrade serves 890,000+ clients worldwide; Oinvest has 10,000+. The minimum deposit is $0 at freetrade and $200 at Oinvest.
| Feature | freetrade | Oinvest |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Regulation | Financial Conduct Authority. Registered in England and Wales (no. 09797821) | Southern African Financial Sector Conduct Authority (FSCA) |
| Founded | 2016 | 2019 |
| Country | United Kingdom | South Africa |
| Clients | 890,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between freetrade and Oinvest, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $200 at Oinvest). Neither broker charges withdrawal fees. Oinvest applies inactivity fees on dormant accounts; freetrade does not. Overall, freetrade scores higher on fees in our assessment.
| Feature | freetrade | Oinvest |
|---|---|---|
| Min. Deposit | $0 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
freetrade offers MT4, MT5, cTrader, a proprietary platform, while Oinvest supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | freetrade | Oinvest |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, iOS, MacBook, iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how freetrade and Oinvest compare. freetrade runs regular live webinars; Oinvest does not. Both provide video tutorials. freetrade publishes daily market commentary; Oinvest does not. Both integrate third-party research tools. freetrade maintains an archive of past webinars for on-demand viewing. freetrade scores higher overall in education and research.
| Feature | freetrade | Oinvest |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. freetrade accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Oinvest supports 2 (bank transfer, credit/debit card). freetrade uniquely supports PayPal and Skrill and Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | freetrade | Oinvest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both freetrade and Oinvest offer live chat support. Both provide phone support. Email support is available at both brokers. freetrade supports 8 languages and Oinvest supports 2, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | freetrade | Oinvest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, and Chinese |