Freedom24 review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
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Our verdict
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.
Key facts
- Best for
- A multi-asset account with an account fee of €0 and an inactivity fee of €0.
- Minimum deposit
- €0 (Source, checked September 26, 2026)
- Stock trade fee
- €2 (Source, checked September 26, 2026)
- Account fee
- €0 (Source, checked September 26, 2026)
- Inactivity fee
- €0 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Options, Bonds (Source, checked September 26, 2026)
- Regulators
- CySEC (Source, checked September 26, 2026)
- Investor protection
- EU ICS up to EUR 20,000 (Source, checked September 26, 2026)
- Currency conversion fee
- 0.005% (Source, checked September 26, 2026)
- Options contract fee
- $0.65 (Source, checked September 26, 2026)
- Deposit and withdrawal fees
- EUR 7 per withdrawal (Source, checked September 26, 2026)
- Platforms
- Freedom24 App, Freedom24 Web (Source, checked September 26, 2026)
- Legal entity
- Freedom Finance Europe Ltd (Source, checked September 26, 2026)
- Headquarters
- Cyprus (Source, checked September 26, 2026)
- Founded
- 2013 (Source, checked September 26, 2026)
- Features
- Options, Mobile app
- Official website
- freedom24.com
Apps and profiles
- Get the app
- App Store
Pros and cons
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.
- Regulated by CySEC, with client protection of EU ICS up to EUR 20,000.
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 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.
How your money is protected
Freedom24 is regulated by CySEC, the Cyprus Securities and Exchange Commission, under licence 275/15. Client money is covered by the EU investor compensation scheme, with protection of EU ICS up to EUR 20,000. That cover responds if the firm fails, and it does not replace your own risk on market positions.
The company behind it
The legal entity on the account is Freedom Finance Europe Ltd, domiciled in Cyprus. The firm dates back to 2013 and holds the Cyprus licence 275/15, which is what allows it to take EU money. Trading runs on Freedom24 App and Freedom24 Web, so orders go through a browser platform or the app.
How Freedom24 compares
8.9 vs 9.0
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8.9 vs 9.2Its stock trade fee is $0, so it can suit readers who care more about the cost of each deal than about account fees.
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Where Freedom24 is available
- Available
- Everywhere except United States
- Licence in Cyprus
- CySEC (275/15), checked September 26, 2026
Frequently asked questions
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.
How much is needed to open an account?+
The minimum deposit is €0, under the €6.17 median for stock brokers and inside the €0 lower quartile on the site. A first transfer can therefore stay small and still open a full multi-asset account.
Is my money protected?+
Freedom24 is regulated by CySEC under licence 275/15, and client money falls under the EU investor compensation scheme with cover of EU ICS up to EUR 20,000. That cover responds to firm failure, not to a fall in the value of your holdings.
Which markets can I trade?+
The listed markets are stocks, etfs and options, putting stocks, ETFs, options and bonds in one account. Options cost $0.65 per contract, and options and mobile app also lists a mobile app for trading away from a desk.
What does a withdrawal cost?+
Withdrawals cost EUR 7 per withdrawal each, so every transfer out carries a flat charge. Since the account fee of €0 and inactivity fee of €0 add nothing, the withdrawal charge is the main cash-related cost to plan for.
How often do retail accounts lose money here?+
Across stock brokers on the site, 72.03% of retail accounts lose money, ranging from a 66.32% lower quartile to a 76.25% upper quartile. Those figures describe the market broadly, not this broker's own results.
Sources
- beinoption.vercel.app/en/brokers/vergleich/freedom24-vs-l... checked September 26, 2026
Backs: Options contract fee
“options from $0.65 per contract”
- beinoption.vercel.app/en/brokers/vergleich/freedom24-vs-t... checked September 26, 2026
Backs: Platforms
“Platforms Freedom24 App, Freedom24 Web”
- forex.wikibit.com/en/brokers/company/freedom24-7250072302... checked September 26, 2026
Backs: Founded
“2013: Freedom Finance Europe Ltd. is founded in Cyprus”
- forex.wikibit.com/en/brokers/trade/freedom24-7250072302.html checked September 26, 2026
Backs: Headquarters, Minimum deposit
“Headquarters Cyprus - Limassol, Cyprus”
- freedom24.com/download/documents/41/Appendix_10_Risk_Disc... checked September 26, 2026
Backs: Investor protection, Regulators, Licences
- eupersonalfinance.eu/articles/freedom24-review checked September 26, 2026
Backs: Currency conversion fee, Legal entity
“Currency conversion fees ~0.005%”
- matchmybroker.com/reviews/freedom24-review checked September 26, 2026
Backs: Account fee, Inactivity fee, Stock trade fee
“There is no monthly fee, and no custody fee - Smart plan”
- ucits-etfs.com/reviews/the-best-online-stock-and-etf-brok... checked September 26, 2026
Backs: Deposit and withdrawal fees, Features, Markets
“the only notable non-trading charge is a flat EUR 7 withdrawal fee”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Retail accounts that lose money.
Freedom24
A multi-asset account with an account fee of €0 and an inactivity fee of €0.