Updated September 29, 2026 · BrokerCue Editorial Team
Bitpanda vs Freedom24
What sets them apart
| Compare |  Bitpanda |  Freedom24 |
|---|---|---|
| Minimum deposit | €1 | €0Lower |
| Stock trade fee | €1Lower | €2 |
| Markets | Stocks, ETFs, Crypto, Metals | Stocks, ETFs, Options, Bonds |
| Regulators | FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA | CySEC |
| Deposit and withdrawal fees | Free deposits | EUR 7 per withdrawal |
| Account fee | Not confirmed | €0 |
| Inactivity fee | Not confirmed | €0 |
| Currency conversion fee | Not confirmed | 0.005% |
| Options contract fee | Not confirmed | $0.65 |
| Platforms | Not confirmed | Freedom24 App, Freedom24 Web |
Same on both: Investor protection (EU ICS up to EUR 20,000).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Bitpanda scores higher overall: 9.3 vs 8.9.
- Regulators: only Bitpanda offers FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA).
- Regulators: only Freedom24 offers CySEC.
- Bitpanda is licensed in 2 more countries.
- Minimum deposit is lower at Freedom24: €0 vs €1.
- Stock trade fee is lower at Bitpanda: €1 vs €2.
- Markets: only Bitpanda offers Crypto, Metals.
- Markets: only Freedom24 offers Options, Bonds.
- Features: only Bitpanda offers Crypto, Fractional shares, Demo account.
- Features: only Freedom24 offers Options.
Our verdict on each
Bitpanda
Bitpanda suits retail investors in Europe who want one app for shares, ETFs, crypto and metals, starting from a minimum deposit of €1. Regulated in Austria, Germany and Malta, it charges €1 for a stock trade, a per-trade cost active traders will notice.
Freedom24
Freedom24 suits European investors who want stocks, ETFs, options and bonds under one CySEC-regulated roof, and who would rather not pay an annual account charge of €0. A euro minimum deposit of €0 keeps entry easy, while per-deal trading costs make it a better fit for occasional buyers than for frequent traders.
Score breakdown
| Area | Bitpanda | Freedom24 |
|---|---|---|
| Cost | 8.9A minimum deposit of €1 and stock trade fees of €1, with free deposits, sit well against the site medians. | 9.2HigherCost is middling: account fee €0 and minimum deposit €0 are nil, but €2 per deal is high against the €0 median. |
| Offer | 8.7 | 8.9Higher |
| Trust | 10.0Higher | 8.7 |
Positions in our rankings
| Ranking | Bitpanda | Freedom24 |
|---|---|---|
| Stock and ETF brokers | 11 of 471 | 161 of 471 |
Availability and regulation
| Country | Bitpanda | Freedom24 |
|---|---|---|
| Austria | Austrian Financial Market Authority (FMA) MiCA CASP 5493007WZ7IFULIL8G21 AT_FMA PSD_EMI AT_FMA_54966 | Not confirmed |
| Cyprus | Not confirmed | CySEC 275/15 |
| Germany | Federal Financial Supervisory Authority (BaFin) MiCA CASP 9845005X9B7N610K0093 | Not confirmed |
| Malta | Malta Financial Services Authority (MFSA) MiCA CASP 984500DEID7B03J77118 | Not confirmed |
Feature by feature
| Markets | Bitpanda | Freedom24 |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | No | Yes |
| Crypto | Yes | No |
| Bonds | No | Yes |
| Metals | Yes | No |
Every fact side by side
| Fact | Bitpanda | Freedom24 |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app, Demo account | Options, Mobile app |
| Legal entity | Bitpanda GmbH | Freedom Finance Europe Ltd |
| Headquarters | Austria | Cyprus |
| Founded | Not confirmed | 2013 |
| Support channels | Help centre | Not confirmed |
Where each stands against the rest
| Fact | Bitpanda | Freedom24 | Median |
|---|---|---|---|
| Minimum deposit | €1at the median | €0below the median | €1 |
| Stock trade fee | €1at the median | €2above the median | €1 |
| Account fee | Not confirmed | €0at the median | €0 |
| Inactivity fee | Not confirmed | €0below the median | €2.45 |
| Currency conversion fee | Not confirmed | 0.005%lowest quarter | 0.45% |
| Options contract fee | Not confirmed | $0.65above the median | $0.625 |
Median across 52 listed brokers.
Pros and cons
Bitpanda
Pros
- The minimum deposit is €1, low against the site median of €4.64
- A stock trade costs €1 and deposits are free
- Regulated by the FMA, BaFin and the MFSA, with investor protection stated as EU ICS up to EUR 20,000
Cons
- Stock trade fees of €1 are higher than a commission-free model, where eToro charges $0
- Support runs on help centre only
- A flat stock trade fee of €1 does not suit frequent small trades
Freedom24
Pros
- Account fee €0 and inactivity fee €0 leave the cost of holding an account at nil.
- A minimum deposit of €0 sits well under the €6.17 median for stock brokers.
- A single account covers stocks, etfs and options, so an ETF, a bond and an option sit together.
Cons
- A stock trade fee of €2 ranks 126 of 161 on the site, well behind the field.
- Withdrawals cost EUR 7 per withdrawal each.
- Currency conversion is charged at 0.005% on positions held outside the euro.
Who each suits
Bitpanda
Who it suits
- Beginners building a first portfolio in euro amounts
- Investors who want shares and crypto in one app
- Retail investors who value a low deposit of €1
Who should look elsewhere
- Active traders, since eToro charges $0 on a stock trade
- Anyone wanting phone or live chat help, as support runs on help centre
- Anyone wanting to start without funding, since CFI asks for a minimum deposit of $0 against €1 here
Freedom24
Who it suits
- Investors who want stocks, etfs and options in one account with an account fee of €0.
- Savers who prefer a euro starting point of €0 and a firm authorised in Cyprus under 275/15.
- People who trade from a phone as well as a browser, since Freedom24 App and Freedom24 Web lists the Freedom24 App and web platform.
Who should look elsewhere
- eToro, if the cost of each trade decides it, because its stock trade fee is $0.
- Vantage, if you would rather start with a deposit of $5 than fund the account from the first unit.
Questions about each
Bitpanda
What is the minimum deposit at Bitpanda?+
The minimum deposit is €1, below the site median of €4.64, and Bitpanda ranks at 75 of 213 brands on that measure. Money can also be added at no charge, since deposits are free.
How much does it cost to trade shares?+
A stock trade costs €1. That sits above a commission-free model, where eToro charges $0, and Bitpanda ranks at 116 of 161 brands on stock trade fees, so the cost per order is the figure to weigh.
Freedom24
What does a trade cost at Freedom24?+
A stock trade costs €2, with options at $0.65 per contract and currency conversion at 0.005%. That per-deal cost is the number to weigh, since the account fee of €0 adds nothing to it.
Is there an account fee or an inactivity charge?+
The account fee is €0 and the inactivity fee is €0. Both rank 1 on the site, so an unused account does not start costing money. That suits investors who top up in small amounts rather than trading often.
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