We put in three months testing FroxentelTrade with a funded account, and here's what we found. Getting going takes minutes, your funds stay protected, and most people will feel at home. The one catch is a couple of fees that are higher than the best rivals.
Best for: First-time investors who want a simple app and want to keep costs low.
Not for: Advanced traders who trade all day, or people who want 24/7 phone help.
FroxentelTrade is one of the few trading apps that spent its effort on the basics — like keeping your money safe and being honest about costs — instead of hype. From what we saw in testing, we rate it B+.
The only thing holding it back is the price of some extras that are higher than the best rivals. Happily, those are simple fixes — they don't point to anything wrong with the app itself.
Placing a trade is quick and simple. When we tried it, everything went through without fuss and you usually got a fair price, sometimes even a little better than other apps.
For everyday stock trades, it is smooth. Complex strategies can sometimes be a little slower — worth knowing if you trade options a lot.
Stock trades cost you nothing — no commission. That's a big plus.
The extra costs to know about are a few add-on services, that are pricier than some rivals. None of it is hidden, so you always know the cost.
The app is really well made. Everything is easy to find, even if you've never invested before.
There's handy info inside the app — clear charts, company details, and news — and it tells you where it comes from. The computer version works too, though most people will prefer the app.
Keeping your money safe is where FroxentelTrade does well. Your cash is stored separately, which protects you if anything goes wrong.
The platform is regulated in more than one country and gets checked by outside auditors. For crypto, a licensed partner looks after it — which is worth knowing.
In the end, FroxentelTrade earns a rating of B+ for beginners and casual traders. It does the important things well: simple, safe, and fair.
To earn an even higher score, FroxentelTrade would only need to lower a few charges. We update our reviews regularly and update this review if things change.
Yes, you can. You can bring your holdings across, and FroxentelTrade helps cover the switching cost within reason. The move takes a few days.
Yes. Live chat is open around the clock and usually get a reply in a few minutes. Harder issues get passed to an expert instead of being bounced around. The one downside is no weekend phone line.
Of course. There's no waiting period. Cash-outs clear within a business day, free of charge.
Absolutely. FroxentelTrade works on iPhone and Android. The app is the best way to use it — charts, trades, and your account all fit nicely on a phone screen.
Not that we found. FroxentelTrade lists its fees clearly — no monthly charge, no inactivity fee. Some optional services cost more, but never hidden.
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