freetrade
Trading212
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
freetrade was founded in 2016 and is headquartered in United Kingdom, while Trading212 was established in 2006 and is based in UK. freetrade holds licences including Financial Conduct Authority. Registered in England and Wales (no. 09797821), while Trading212 is regulated by Financial Conduct Authority (FCA) among others. freetrade serves 890,000+ clients worldwide; Trading212 has 1,500,000+. The minimum deposit is $0 at freetrade and $1 at Trading212.
| Feature | freetrade | Trading212 |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Financial Conduct Authority. Registered in England and Wales (no. 09797821) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) |
| Founded | 2016 | 2006 |
| Country | United Kingdom | UK |
| Clients | 890,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between freetrade and Trading212, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Trading212). Neither broker charges withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | freetrade | Trading212 |
|---|---|---|
| Min. Deposit | $0 | $1 |
| 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 Trading212 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 | Trading212 |
|---|---|---|
| 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 | MT4, MT5, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how freetrade and Trading212 compare. freetrade runs regular live webinars; Trading212 does not. Both provide video tutorials. freetrade publishes daily market commentary; Trading212 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 | Trading212 |
|---|---|---|
| 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 Trading212 supports 4 (bank transfer, credit/debit card, PayPal, Skrill). freetrade uniquely supports Neteller among the two brokers. freetrade scores higher on deposit and withdrawal flexibility.
| Feature | freetrade | Trading212 |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| 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 Trading212 offer live chat support. freetrade offers phone support; Trading212 does not. Email support is available at both brokers. freetrade supports 8 languages and Trading212 supports 13, giving Trading212 broader global reach. freetrade scores higher overall on customer support in our assessment.
| Feature | freetrade | Trading212 |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | No |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, German, Netherlands, Spanish, French, Italian, Polish, Serbian, Norwegian, Swedish, Czech, Romanian, Turkish |