freetrade
Personal Capital
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Overview
freetrade was founded in 2016 and is headquartered in United Kingdom, while Personal Capital was established in 2008 and is based in USA. freetrade holds licences including Financial Conduct Authority. Registered in England and Wales (no. 09797821), while Personal Capital is regulated by Unregulated among others. freetrade serves 890,000+ clients worldwide; Personal Capital has 10,000+. The minimum deposit is $0 at freetrade and $100000 at Personal Capital.
| Feature | freetrade | Personal Capital |
|---|---|---|
| Min. Deposit | $0 | $100000 |
| Regulation | Financial Conduct Authority. Registered in England and Wales (no. 09797821) | Unregulated |
| Founded | 2016 | 2008 |
| Country | United Kingdom | USA |
| Clients | 890,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between freetrade and Personal Capital, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $100000 at Personal Capital). Neither broker charges withdrawal fees. Overall, freetrade scores higher on fees in our assessment.
| Feature | freetrade | Personal Capital |
|---|---|---|
| Min. Deposit | $0 | $100000 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
freetrade offers MT4, MT5, cTrader, a proprietary platform, while Personal Capital supports MT4, 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 | Personal Capital |
|---|---|---|
| MT4 | Yes | Yes |
| 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 | Desktop,Android,Tablet,iPhone |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how freetrade and Personal Capital 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.
| Feature | freetrade | Personal Capital |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| 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 Personal Capital 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 | Personal Capital |
|---|---|---|
| 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 Personal Capital offer live chat support. Both provide phone support. Email support is available at both brokers. freetrade supports 8 languages and Personal Capital supports 2, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | freetrade | Personal Capital |
|---|---|---|
| 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 |