Freetrade vs Venom Trading : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Freetrade

Venom Trading

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

STP broker

ECN

Years of Existence / Established Year

2016

2004

Customer Base / Number of Accounts

1.5 M

Info not available

Regulation & Security

Regulations (governing bodies)

FCA

FINRA NFA SIPC

Awards Won (count for the last 2 years)

Best Online trading platform 2024

Best in class for professional trading by stockbrokers.com

Security Measures

Yes

SIPC

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6200+ U.S Treasury Bills, Investment trust

Currency Pairs

Yes

Commodities

Indices

Cryptocurrencies

CFDs

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

MT5

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Freetrade web and mobile trading platform

Venom mobile Venom desktop Venom web

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes except Mac

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

General investment account, Stocks and shares ISA, Personal pension account

Individual account IRA account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$5,000

Leverage Available

100:1

1:4

Trade Limit (maximum per trade)

depends on asset class

Trade size vary on each asset

Commission (per account type)

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Experienced

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, debit card, Apple pay, google pay

Wire transfer ACH transfer Online bill pay

Withdrawal Methods

Linked bank account

ACATS DWAC DRS

Other E-Wallets Supported

Apple pay , google pay

Tools & Educational Resources

Economic Calendar

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

Short videos & courses Recorded webinars

Fees & Commissions

Trading-Related Fees

FX fee of 0.59%

Equities - $0.004/share Options - $0.75 per contract Futures - $1.25 / contract

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

Options Contract Fees

$0.75 per contract

Futures Contract Fees

$1.25 per contract per side

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

100:1

1:4

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

£10.97

IRA - $7.5 quarterly fee

Deposit Fee

£5

Currency Conversion Fee

Exchange rate + 0.99%

Vary for different exchanges

Withdrawal Fee

£5

Wires - $10 Checks - $4 ACH/EFT - $1 SEPA - NA

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

Monday to Friday - 7am to 4.30pm CST

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24/5 weekday customer service

Customer Support Methods (phone, email, live chat)

Help hub, community forum, E-mail, Social media

Ph-877-792-6272 Customer service line - 877-442-2757 Fax - 972-491-3111 Email - [email protected]

Support Languages

Additional Information

Headquarters Location

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

3008 E. Hebron Pkwy Building 400, Carrolton TX 75010

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

Both Freetrade and Venom Trading offer affordable fee structures, but Freetrade generally edges out with no inactivity fees and lower commissions on standard trades, whereas Venom Trading shines with bundled research and platform access.

If speed and simplicity matter to you, Freetrade delivers a streamlined account setup. In contrast, Venom Trading includes more documentation and KYC checks, which can delay access but ensures strong compliance.

New traders may find Freetrade interface more welcoming, while Venom Trading appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.

Freetrade caters to serious traders who value advanced features, whereas Venom Trading appeals to beginners due to its user-friendly platform.

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