Updated September 29, 2026 · BrokerCue Editorial Team
FBS vs Freedom24
FBS vs Freedom24: the differences
| Compare | ||
|---|---|---|
| Minimum deposit | $5 | €0 |
| Stock trade fee | $0 | €2 |
| Account fee | $0 | €0 |
| Inactivity fee | $0 | €0 |
| Markets | Stocks, ETFs, Forex, CFDs, Metals | Stocks, ETFs, Options, Bonds |
| Regulators | Cyprus Securities and Exchange Commission | CySEC |
| Deposit and withdrawal fees | Free | EUR 7 per withdrawal |
| Platforms | MetaTrader 4, MetaTrader 5 | Freedom24 App, Freedom24 Web |
| Retail accounts that lose money | 66.43% | Not confirmed |
| Currency conversion fee | Not confirmed | 0.005% |
| EUR/USD spread | 0.5% | Not confirmed |
| Options contract fee | Not confirmed | $0.65 |
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
- FBS scores higher overall: 9.1 vs 8.9.
- Regulators: only FBS offers Cyprus Securities and Exchange Commission.
- Regulators: only Freedom24 offers CySEC.
- Founded is lower at FBS: 2009 vs 2013.
- Markets: only FBS offers Forex, CFDs, Metals.
- Markets: only Freedom24 offers Options, Bonds.
- Platforms: only FBS offers MetaTrader 4, MetaTrader 5.
- Platforms: only Freedom24 offers Freedom24 App, Freedom24 Web.
- Features: only FBS offers Demo account.
- Features: only Freedom24 offers Options.
Our verdict on each
FBS
Fbs Partners suits readers who want a plain, low cost picture from a firm regulated by the Cyprus Securities and Exchange Commission: the account fee is $0 and the stock trade fee is $0. The EUR/USD spread of 0.5% and the retail loss rate of 66.43% are the figures to weigh before funding.
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 | FBS | Freedom24 |
|---|---|---|
| Cost | 9.3Higher | 9.2Cost is middling: account fee €0 and minimum deposit €0 are nil, but €2 per deal is high against the €0 median. |
| Offer | 9.3Higher | 8.9 |
| Trust | 8.8Higher | 8.7 |
How they place
| Ranking | FBS | Freedom24 |
|---|---|---|
| Stock and ETF brokers | 110 of 471 | 161 of 471 |
Every fact side by side
| Fact | FBS | Freedom24 |
|---|---|---|
| Features | Demo account, Mobile app | Options, Mobile app |
| Pricing model | Commission free | Not confirmed |
| Audience | Beginners | Not confirmed |
| Legal entity | Tradestone Limited | Freedom Finance Europe Ltd |
| Headquarters | Cyprus | Cyprus |
| Founded | 2009Lower | 2013 |
| Support channels | Email, Phone, Help centre | Not confirmed |
Where each stands against the rest
| Fact | FBS | Freedom24 | Median |
|---|---|---|---|
| Retail accounts that lose money | 66.43%below the median | Not confirmed | 72.05% |
| Currency conversion fee | Not confirmed | 0.005%lowest quarter | 0.45% |
| EUR/USD spread | 0.5%below the median | Not confirmed | 0.65% |
| Options contract fee | Not confirmed | $0.65above the median | $0.625 |
Median across 47 listed brokers.
Pros and cons
FBS
Pros
- An account regulated by the Cyprus Securities and Exchange Commission: Cyprus Securities and Exchange Commission licenses Tradestone Limited under 331/17, so the contract has a named entity behind it.
- The stock trade fee is $0 on a commission free model, so dealing in the shares and ETFs inside stocks, etfs and forex carries no ticket charge.
- The inactivity fee is $0, so a dormant balance is not quietly drained by account charges.
Cons
- The EUR/USD spread of 0.5% is the charge that lands on every forex and CFD trade, so currency traders feel it more than the flat fees suggest.
- The minimum deposit of $5 sits above CFI's $0, so readers who want the smallest opening balance have a lower floor elsewhere.
- The market list stocks, etfs and forex leaves out crypto and futures, which eToro covers in stocks, etfs and forex.
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
FBS
Who it suits
- Beginners opening a new trading account: the minimum deposit is $5 and the account fee is $0.
- Readers who hold shares and ETFs alongside forex: stocks, etfs and forex covers that mix on the same account.
- European readers who want a Cyprus regulated firm: Cyprus Securities and Exchange Commission licenses the entity behind the brand.
Who should look elsewhere
- Readers who want the smallest possible opening balance: CFI takes $0.
- Readers who need crypto or futures in the same account: eToro lists stocks, etfs and forex, and those lines sit outside stocks, etfs and forex.
- Readers who want crypto added to a forex, CFD, stock, ETF and metals mix: Vantage covers forex, cfds and stocks.
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
FBS
What does it cost to run an account at Fbs Partners?+
The account fee is $0, the stock trade fee is $0 and the inactivity fee is $0, so nothing is charged for holding the account, dealing in shares or leaving a balance idle. Deposits and withdrawals carry no charge either. What remains on a forex or CFD trade is the spread, quoted at 0.5% on EUR/USD.
How much does the EUR/USD spread cost in practice?+
The EUR/USD spread is 0.5%. On a currency pair that spread is the dealer's charge for opening and closing, so it lands on every position rather than on a ticket line. The stock trade fee of $0 and the account fee of $0 sit alongside it, which makes the spread the number to size positions around.
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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