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Freedom24 review: What you need to know before signing up.
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Introduction to the broker Freedom24
Freedom24 is a subsidiary of the international financial conglomerate Freedom Holding Corp, founded in 2008 and listed on Nasdaq. The Freedom24 platform caters to retail investors and is accessible in most European countries. This broker is regulated by multiple authorities in both Europe and the United States. In Europe, Freedom24 is registered in Cyprus, where its head office is located. The broker also has branches in Germany, Spain, Greece, and even in the UK. Today, Freedom24 serves over 550,000 European clients who benefit from its market-access services.
- Head office:
📍 Limassol, Cyprus - Founded:
🗓 2008 - Support:
🇬🇧 English - Website:
🔗 freedom24.com
- Regulations:
CySEC - Execution type:
No Dealing Desk - Spreads:
Variable - Minimum deposit:
£0
Which financial instruments does Freedom24 offer?
Freedom24’s brokerage offer is fairly standard for retail clients looking to invest in financial markets, primarily through shares and bonds (held directly) and ETFs, alongside a few derivatives such as options and futures. A major strength is its wide selection of assets, exceeding one million instruments across 15 different stock exchanges.
Freedom24 also provides a remunerated “D-account” where any uninvested cash can earn interest, with no limitations: an annual return of 4.33% for US dollars and 2.74% for euros. This applies automatically to all clients after opening a trading account.
Here is a list of the financial instruments available with Freedom24:
- Shares:
40000 - Crypto:
No - Forex:
No - CFD:
No - ETF:
1500 ETFs
What are Freedom24’s fees for shares and ETFs?
Freedom24 offers two pricing plans: the “Smart” plan and the “All inclusive” plan.
- The first, called “Smart”, charges you on a per-order basis, which varies by target market. On European and US markets, for shares and ETFs, the fee is 2 euros fixed per buy/sell order, plus 2 cents per share.
- The “All inclusive” plan gives you access to a personal advisor who assists with managing your investments. Consequently, it involves higher trading fees: 1.20 euros per order plus 1.2 cents per share and 0.5% of the transaction value.
This share-volume-based pricing is quite appealing compared to the typical rates charged by UK-based brokers, particularly for trades over 5,000 euros.
- Per-share commission:
£0,02 - Cost per share:
£2 - Direct share purchase:
Yes - CFD on shares:
No
- Number of ETFs:
1500 - Minimum ETF spread:
£0,02 - CFD on ETFs:
No - Direct ETF purchase:
Yes
Which trading platforms does Freedom24 offer?
Freedom24 has its own proprietary platform. It is well designed, with a dashboard that allows you to explore different markets and select the instruments you want to purchase. A chart shows your portfolio structure and performance, along with company profiles and the latest news. Traders also have access to various technical indicators and multiple chart types.
Which mobile app does Freedom24 offer?
The broker provides the Freedom24 mobile app, compatible with both iOS and Android. It allows for straightforward saving and investing. You can monitor financial market updates and manage your portfolio in real time. The features are comprehensive and effective, and you can also view investment ideas. The navigation experience is pleasant, enabling users to place trades with ease.
Is Freedom24 a trustworthy broker?
Freedom24 is a trustworthy broker supervised by CySEC. Additionally, the broker complies with MiFID II investor protections and is a member of AFME (Association for Financial Markets in Europe). Consequently, it provides the necessary safeguards to protect investors and their funds.
Our opinion 8/10
Freedom24 is a broker catering to European investors who want access to a broad range of instruments on various major markets. Its pricing is very attractive, and the remunerated savings account is a real plus for those looking to maximise their passive savings.
Admin
Pros
- Earn interest on uninvested cash via the D-account
- Attractive pricing for trades over 5,000 euros
- Option to benefit from a dedicated investment advisor
- Extensive coverage of US-listed shares
- Access to Asian stock exchanges
- Analyst insights and expert investment ideas
Cons
- Withdrawal fee of 7 euros
- Limited derivatives and no CFD offering
FAQ about Freedom24
Freedom24 does not provide a demo account, meaning interested users must jump straight into live trading. However, the platform is intuitive, making it easier for newcomers to get started.
Yes. Freedom24 offers a variety of educational resources to help new investors learn about the financial markets. The Freedom Academy features courses covering basic investment principles and more advanced strategies.
With Freedom24, you can invest in shares and bonds (via direct ownership), options, futures, and ETFs (including index trackers, oil, gold, etc.). Altogether, that represents over one million instruments across 15 major stock exchanges.
Freedom24’s proprietary platform is both clear and well-designed. It offers an easy-to-use interface with various tools that suit different types of investors and traders, ensuring a user-friendly and efficient trading experience.
No. Freedom24 does not currently offer Islamic (swap-free) accounts to its clients.
At the moment, Freedom24 does not offer UK-specific tax-advantaged accounts such as ISAs or SIPPs.
Yes. Freedom24 is a reputable broker regulated by the SEC and CySEC, is a member of the AFME, and complies with MiFID II requirements.
To open a Freedom24 account, simply follow their registration procedure. You will need to provide proof of identity and residence, then supply any required documents. You will receive an SMS confirmation code to finalise the account setup. Once verified, you can fund your account via bank transfer or credit card.
One of Freedom24’s strong points is the absence of a minimum deposit requirement, enabling investors of all types to begin trading according to their own budget.
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Last updated on 03/03/25
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