Updated September 29, 2026 · BrokerCue Editorial Team
Bitpanda vs Freetrade
Where Bitpanda and Freetrade differ
| Compare |  Bitpanda |  Freetrade |
|---|---|---|
| Minimum deposit | €1 | £1 |
| Stock trade fee | €1 | £0 |
| Markets | Stocks, ETFs, Crypto, Metals | Stocks, ETFs, Bonds, Funds |
| Regulators | FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA), Federal Financial Supervisory Authority (BaFin), Malta Financial Services Authority (MFSA), AT FMA | Financial Conduct Authority (FCA) |
| Investor protection | EU ICS up to EUR 20,000 | FSCS up to GBP 85,000 |
| Account fee | Not confirmed | £0 |
| Currency conversion fee | Not confirmed | 0.99% |
| Deposit and withdrawal fees | Free deposits | Not confirmed |
| Platforms | Not confirmed | App, Web |
| Account types | Not confirmed | ISA, SIPP, Jisa |
| Interest on cash | Not confirmed | 1% |
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Key differences
- Bitpanda scores higher overall: 9.3 vs 8.8.
- Regulators: only Bitpanda offers FMA (Austria), BaFin (Germany), Austrian Financial Market Authority (FMA).
- Regulators: only Freetrade offers Financial Conduct Authority (FCA).
- Bitpanda is licensed in 2 more countries.
- Markets: only Bitpanda offers Crypto, Metals.
- Markets: only Freetrade offers Bonds, Funds.
- Support channels: only Freetrade offers Email, Chat.
- Features: only Bitpanda offers Crypto.
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.
Freetrade
Freetrade suits UK beginners who want to buy shares, ETFs, bonds and funds without paying a dealing charge or an annual account fee. Regulation sits with the Financial Conduct Authority and holdings are covered by the FSCS, though a currency conversion fee of 0.99% applies and support runs on email, chat and help centre only.
Score breakdown
| Area | Bitpanda | Freetrade |
|---|---|---|
| Cost | 8.9A minimum deposit of €1 and stock trade fees of €1, with free deposits, sit well against the site medians. | 9.0HigherStock trade fees of £0 and an account fee of £0 sit alongside a 0.99% currency conversion charge. |
| Offer | 8.7 | 9.1HigherA UK platform with isa, sipp and jisa accounts, plus a demo account, fractional shares and stocks, etfs and bonds. |
| Trust | 10.0Higher | 8.5 |
Positions in our rankings
| Ranking | Bitpanda | Freetrade |
|---|---|---|
| Stock and ETF brokers | 11 of 471 | 179 of 471 |
Side by side, item by item
| Markets | Bitpanda | Freetrade |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Crypto | Yes | No |
| Bonds | No | Yes |
| Funds | No | Yes |
| Metals | Yes | No |
Sources behind this comparison
Bitpanda
- bitpanda.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 2 facts, checked September 26, 2026
Freetrade
- freetrade.io: 14 facts, checked September 26, 2026
- en.wikipedia.org: 3 facts, checked September 26, 2026
Every fact side by side
| Fact | Bitpanda | Freetrade |
|---|---|---|
| Features | Crypto, Fractional shares, Mobile app, Demo accountCovers more | Fractional shares, Mobile app, Demo account |
| Pricing model | Not confirmed | Commission free |
| Audience | Not confirmed | Beginners |
| Legal entity | Bitpanda GmbH | Freetrade Limited |
| Headquarters | Austria | United Kingdom |
| Founded | Not confirmed | 2016 |
| Support channels | Help centre | Email, Chat, Help centreCovers more |
Where each stands against the rest
| Fact | Bitpanda | Freetrade | Median |
|---|---|---|---|
| Account fee | Not confirmed | £0at the median | £0 |
| Currency conversion fee | Not confirmed | 0.99%highest quarter | 0.45% |
| Interest on cash | Not confirmed | 1%lowest quarter | 3% |
Median across 43 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
Freetrade
Pros
- Dealing commission of £0 and an account fee of £0 keep the running cost of an ISA, SIPP or Junior ISA low.
- Regulated by the Financial Conduct Authority in the UK, with protection stated as FSCS up to GBP 85,000.
- Fractional shares and a demo account let you size positions in small amounts and practise before committing money.
Cons
- A currency conversion fee of 0.99% applies whenever you hold investments in more than one currency.
- Support runs on email, chat and help centre only, with no phone line listed for account or transfer questions.
- The account range is limited to isa, sipp and jisa, so there is no general investment account for shares outside a wrapper.
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
Freetrade
Who it suits
- UK beginners opening a stocks and shares ISA or Junior ISA with small monthly amounts
- Long-term investors who want to hold a simple share and ETF portfolio without a dealing charge
- SIPP holders who prefer an app and web platform to a phone-only service
Who should look elsewhere
- People who need a general investment account outside a tax wrapper
- Investors who trade frequently in several currencies, because the 0.99% conversion fee applies each time
- Anyone who wants to speak to support by phone, as support runs on email, chat and help centre only
Country by country
| Country | Bitpanda | Freetrade |
|---|---|---|
| United Kingdom | No | Yes |
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.
Freetrade
How much does it cost to buy shares on Freetrade?+
The dealing charge is £0 and the account fee is £0. Those two cover the trading and holding side of a stocks and shares ISA, SIPP or Junior ISA. The charge that appears is currency conversion at 0.99%, which only shows up if part of your portfolio sits in another currency.
Who regulates Freetrade and is my money protected?+
Freetrade Limited is regulated in the UK by the Financial Conduct Authority, with register reference 783189. Protection for eligible holdings is stated as FSCS up to GBP 85,000, which is the ceiling the scheme pays if the firm cannot return your money. It covers firm failure rather than market losses.
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