WellsTrade Alternative Brokers Compared
We found when trading having a broker you can rely on is essential. If WellsTrade does not match your requirements we explain the top WellsTrade alternatives and WellsTrade competitors in this guide.
The best alternative for WellsTrade is IC Markets or Roboforex.
When searching for a WellsTrade alternative, there are a few things you need to check. The WellsTrade trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements.
We offer a detailed list and examination of the top WellsTrade alternatives and competitors feature by feature further below this WellsTrade alternatives guide.
If you are looking for a trading platform that offers similar features to WellsTrade or WellsTrade. Or if you are looking for features that WellsTrade does not offer that you require when trading, we will show you the best WellsTrade alternative options below.
We highlight the pros and cons of each WellsTrade alternative. Maybe you are looking for better customer service from a WellsTrade alternative or more competitive WellsTrade fees and more financial instruments to trade.
We have listed some reasons why WellsTrade may not be the best broker for you. But don't worry. We have compiled a list of the best alternatives below.
- WellsTrade does not allow hedging (See brokers for Hedging here)
- WellsTrade does not offer negative balance protection (See WellsTrade alternatives who offer negative balance protection here)
- WellsTrade does not offer Guaranteed Stop Loss (See WellsTrade alternatives who offer Guaranteed Stop Loss here)
- WellsTrade does not allow Scalping (See brokers for scalping here)
- ECN accounts are not offered by WellsTrade (Look here for WellsTrade alternatives offering ECN accounts)
- STP accounts are not offered by WellsTrade (Look here for WellsTrade alternatives offering STP accounts)
- WellsTrade does not offer MT4 (See WellsTrade alternatives offering the MT4 trading platform here)
- MT5 is not offered by WellsTrade (find WellsTrade alternatives that offer the MT5 trading platform here)
- cTrader is not offered by WellsTrade (find WellsTrade alternatives offering the cTrader trading platform here)
- WellsTrade does not offer VIP accounts (Check here for WellsTrade alternatives offering VIP accounts)
- WellsTrade does not offer Islamic accounts (Check here for WellsTrade alternatives offering Islamic accounts)
- WellsTrade have inactivity fees (See WellsTrade alternatives who don’t have inactivity fees here)
- WellsTrade have withdrawal fees (See WellsTrade alternatives who don’t have withdrawal fees here)
- WellsTrade have deposit fees (See WellsTrade alternatives who don’t have deposit fees here)
Top WellsTrade Alternative is IC Markets
| Broker |  |
 |
 |
|---|---|---|---|
| Rating | ★★★☆☆ 3/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | Mobile Apps, Android (Google Play), iOS (App Store), Web | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows |
| 📋 Instruments Available | 33100 | 2250 | 12000 |
| 📈 Stocks Offered | 2100 | 0 | |
| 💎 Crypto | No | Yes | No |
| 💹 Forex Pairs | 61 | 35 | |
| 📈 Commodities | 0 | 20 | 21 |
| 💰 Min Deposit | 0 | 200 | 10 |
| 👱♂️ Used By | 70,000,000+ users | 200,000+ users | 730,000+ users |
| 📆 Founded | 2008 | 2007 | 2009 |
| 👮♂️ Regulation | Financial Conduct Authority (FCA)(181513), Prudential Regulation Authority (PRA), European Central Bank (ECB), BaFin (Germany), ACPR (France), Superintendent of Financial Institutions (OSFI)(539), Investment Industry Regulatory Organization of Canada (IIROC)(12121), Financial Services Agency Japan (FSA)(268), Federal Reserve (Fed), SIPC (Securities Investor Protection Corporation)(052514), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC)(3511) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund |
| 🌍 HQ | United States | Australia | Belize |
| 🚫 Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits |
If you want to see a more indepth feature by feature WellsTrade alternative comparison, you can scroll further down here.
