freetrade
World Forex Review
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Overview
freetrade was founded in 2016 and is headquartered in United Kingdom, while World Forex Review was established in 2008 and is based in Vanuatu. freetrade holds licences including Financial Conduct Authority. Registered in England and Wales (no. 09797821), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. freetrade serves 890,000+ clients worldwide; World Forex Review has 10,000+. The minimum deposit is $0 at freetrade and $100 at World Forex Review.
| Feature | freetrade | World Forex Review |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Financial Conduct Authority. Registered in England and Wales (no. 09797821) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2016 | 2008 |
| Country | United Kingdom | Vanuatu |
| Clients | 890,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between freetrade and World Forex Review, directly affecting your bottom line as a trader. freetrade has a lower barrier to entry with a minimum deposit of $0 (vs $100 at World Forex Review). World Forex Review charges withdrawal fees while freetrade does not, giving freetrade an edge for frequent withdrawers. World Forex Review charges deposit fees; freetrade does not. Overall, freetrade scores higher on fees in our assessment.
| Feature | freetrade | World Forex Review |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
freetrade offers MT4, MT5, cTrader, a proprietary platform, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. freetrade supports social and copy trading features, which World Forex Review does not offer. freetrade edges ahead on platform breadth and functionality in our scoring.
| Feature | freetrade | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how freetrade and World Forex Review 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 | World Forex Review |
|---|---|---|
| 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 World Forex Review 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 | World Forex Review |
|---|---|---|
| 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 World Forex Review offer live chat support. Both provide phone support. Email support is available at both brokers. freetrade supports 8 languages and World Forex Review supports 2, giving freetrade broader global reach. Both brokers are comparable on support quality.
| Feature | freetrade | World Forex Review |
|---|---|---|
| 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 |