Freetrade vs Vantage compared

Freetrade
Vantage
74-89% of retail CFD accounts lose money

Freetrade

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Research score0.0/5.0
  • Markets and products score3.0/5.0
  • Fees score4.5/5.0
Good to know
Recommended for
  • beginners 4.44/5
  • equity 4.74/5
You can't open an account at Freetrade

Vantage

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Research score4.8/5.0
  • Markets and products score2.1/5.0
  • Fees score3.8/5.0
Good to know
Recommended for
  • forex 4.07/5
You can't open an account at Vantage
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*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.7

Recommended for Long-term investors on the hunt for low fees and focusing on the UK and US markets

Best ISA broker

Overall Score
4.2

Recommended for Forex and CFD traders familiar with the MetaTrader trading platforms

Country of origin

UK

Country of origin

Australia

Fees

Fees score
4.5
Fees score
3.8
Fees summary

Low trading and non-trading fees, low stock and ETF fees

Fees summary

Low forex and stock index CFD fees, but high stock CFD

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.0
Deposit and withdrawal score
4.5
Number of base currencies

1

Number of base currencies

8

Deposit type

Withdrawal type

Account opening

Account opening score
5.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$50

*
Time to open account

1 day

Time to open account

1 day

Required documents
*

Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill

*
Required documents

Valid Photo ID, deed of foundation for corporate account

Trading platform

Web platform score
-
Web platform score
2.8
Mobile platform score
4.7
Mobile platform score
3.8
Desktop platform score
-
Desktop platform score
3.4

Markets and products

Markets and products score
3.0
Markets and products score
2.1
Stocks
Stocks
Fractional shares
*
*
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
0.0
Research score
4.8
Charting quality

Poor

Charting quality

Mid-range

Education score
3.0
Education score
5.0
Demo account
Demo account

Customer service

Customer service score
5.0
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2016

Foundation date

2009

Country of regulation

UK

Country of regulation

Vanuatu, but Vantage Group has regulation in Australia, UK, Cayman Islands

Freetrade

For detailed information and hands-on experience, read our review of this broker.

Vantage

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Freetrade's service is slightly better than Vantage's and a comparison of their fees shows that Freetrade's fees are slightly lower than Vantage's.

Account opening takes about the same effort at Freetrade compared to Vantage, deposit and withdrawal processes are somewhat more complicated at Freetrade, while customer service quality is similar to Vantage's.

Our experts rated the trading platform of Freetrade as being of the same quality as the platform of Vantage, found that clients have access to slightly more markets and products with Freetrade, while Vantage provides excellent research and education.

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