Software Alternatives, Accelerators & Startups

Freetrade VS Tradingsim

Compare Freetrade VS Tradingsim and see what are their differences

Freetrade logo Freetrade

Invest in stocks & ETFs for free, get started in seconds.

Tradingsim logo Tradingsim

Practice day trading 24/7 stocks and the futures markets without risking your shirt. See how paper trading real tick data for every stock over the last 2 years can help identify the best chart patterns and winning strategies.
  • Freetrade Landing page
    Landing page //
    2023-10-10
  • Tradingsim Landing page
    Landing page //
    2023-04-08

TradingSim web-based trading simulator that enables traders to paper trade based on historical data. This platform promises more functionality than your run-of-the-mill web simulator.

Freetrade features and specs

  • Commission-Free Trading
    Freetrade offers commission-free trading on a variety of stocks and ETFs, making it an attractive option for investors looking to minimize trading costs.
  • User-Friendly Interface
    The platform is designed with simplicity in mind, making it accessible for both novice and experienced investors.
  • Fractional Shares
    Freetrade allows users to buy fractional shares, enabling them to invest in high-priced stocks without needing to purchase a full share.
  • Transparency
    Freetrade is transparent about its pricing and business model, offering a clear understanding of how they make money.
  • Regulation and Security
    The platform is regulated by the Financial Conduct Authority (FCA), ensuring a layer of security and trust for users.

Possible disadvantages of Freetrade

  • Limited Asset Classes
    Freetrade currently focuses on stocks and ETFs. Investors looking to trade a wider variety of asset classes like options, futures, or cryptocurrencies may find the platform limiting.
  • No Desktop Version
    Freetrade is primarily app-based and doesn't offer a desktop version, which could be inconvenient for users who prefer trading on a computer.
  • Basic Research Tools
    The platform offers basic research and analysis tools, which may not be sufficient for advanced traders who require comprehensive market data and analytics.
  • Lack of Advanced Order Types
    Freetrade does not support advanced order types like limit orders, which might be a dealbreaker for more sophisticated investors.
  • Limited Customer Support
    Customer support options are relatively limited, which can lead to slower response times during peak periods.

Tradingsim features and specs

No features have been listed yet.

Freetrade videos

Freetrade Review | Best UK Investment App? | Zero Fees

More videos:

  • Review - Freetrade App Review
  • Review - FreeTrade App Review | Best UK Trading App

Tradingsim videos

Welcome to Tradingsim! - Product Demo

More videos:

  • Review - Overview of Tradingsim - Day Trading Market Replay Tool | Tradingsim.com

Category Popularity

0-100% (relative to Freetrade and Tradingsim)
Finance
90 90%
10% 10
Trading
77 77%
23% 23
Investing
90 90%
10% 10
Fintech
100 100%
0% 0

User comments

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Social recommendations and mentions

Based on our record, Freetrade should be more popular than Tradingsim. It has been mentiond 15 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Freetrade mentions (15)

  • Freetrade - free £10-£100 share when you deposit £50 (no need to invest)
    Non-referral link (no free share): https://freetrade.io/. Source: almost 2 years ago
  • Freetrade - Free share worth £10 to £100 for depositing £10
    Freetrade is another stocks and shares trading app, where new customers can get a free share worth £10-100 for signing up through a referral link and deposting £10 (there is no need to invest the £10). The referrer must also have £10 in their freetrade account, and I do, so you will receive your free share if you use my referral link You can withdraw your original deposit after you get your free share but you... Source: almost 2 years ago
  • Freetrade: Free Share Worth (£10 to £100) for £50 Deposit
    Freetrade is a commission-free investment app that lets you buy and sell stocks, ETFs, and other investments. It's a great way to get started with investing, and it's also a good option for experienced investors who want to save money on fees. They’re currently offering a free share worth £10-£100 for new users who sign up using a referral link. ________________________________________ Steps to get your free... Source: almost 2 years ago
  • Freetrade: Give £10-£100, Get £10-£100 in free shares
    Non referral link (no free share): https://freetrade.io/. Source: about 2 years ago
  • Freetrade - Quick and fast £10 to £15 when you deposit £50
    Freetrade was the first beermoneyuk community offer I did. They are giving a freeshare worth £10 to £15 when you deposit £50. Steps to get your freeshare worth £10 to £15: - Sign up to Freetrade using my referral link. Please message me for my link. - Complete KYC and particularly the W8BEN form. - Deposit £50 within the first 30 days of joining - Receive your free share. Non-ref. Source: over 2 years ago
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Tradingsim mentions (7)

  • Where to pratice after market closes
    I saw that you don't want to pay for simulated trading. You can get 1 week of free trail with tradingsim.com. Then cancel before they start charging you. You really should be paying for the service though, I think it is worth the cost to help speed up your learning. Source: about 2 years ago
  • Lost over 10k today and cannot sleep
    As for further advice. 1) You need to learn to look at multiple time frames for intra day. That was a game changer when I figured that out. I mostly trade off the 1 min and 3 mins, but on my screen I look at 1/3/5/10/15/30/1hr/daily time frames. Because a reversal the 1 min might just be a pull back on the 1hr. And if the 1hr has been strongly trending so far, then I'm going to ignore the 1min pull back and keep... Source: over 2 years ago
  • Practice reading charts
    Take a look at Trading Sim. They have equities/futures replay, along with Level 2 at extra cost. 7-day free trial so worth checking out. Source: almost 3 years ago
  • Trading Simulator Recommendations
    At this time I have been looking at tradingsim.com. Source: over 3 years ago
  • Does expensive paid courses have anything magical in them?
    Give tradingsim.com a try. They have a 7days free trial and it lets you replay any chart up to 2 years back and play it out in real time or speed it up. Really useful imo. Source: over 3 years ago
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What are some alternatives?

When comparing Freetrade and Tradingsim, you can also consider the following products

Robinhood - Free stock trading service.

TradingView - The best charting tool for crypto and stocks

eToro - The social investment network that connects traders from around the globe and enables them to share...

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

Stonksfolio - Gain insight into the performance of stock & ETF investments

Prop Firm Co - Find the right prop firms for forex, futures and crypto trading at Prop Firm Co.