Freedom24 vs growney - BrokerCue
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Broker Comparison

Freedom24 vs growney

Compare Freedom24 and growney side by side: fees, regulation, platforms.

Freedom24

Freedom24

Investors seeking stocks, ETFs, bonds and options

Freedom24 offers stocks, ETFs, bonds, futures and stock options through a web platform and mobile app.

VS
growney

growney

Low-cost ETF portfolio investing in Germany

growney is a German BaFin-licensed robo-advisor offering ETF-based managed portfolios across 23 strategies, iโ€ฆ

Head-to-head comparison

Freedom24 vs growney
Feature Freedom24 growney
Minimum deposit - -
Stock trading fee - -
Regulators CySEC BaFin
Best for Investors seeking stocks, ETFs, bonds and options Low-cost ETF portfolio investing in Germany
Markets & account
Stocks
-
ETFs
Bonds
-
Options
-
Futures
-
Investment Plans
-
Ready Made Portfolios
-
Business Account
-

Pros & cons

Freedom24

Freedom24

Pros

  • Account opening is described as taking 10 minutes
  • Commission-free bank transfer funding is available
  • Stock options can be used to hedge positions
  • Limit and stop orders are supported
  • Expert-led educational courses are available

Cons

  • No cons listed
growney

growney

Pros

  • Low annual management fee: 0.68% under EUR 50,000, drops to 0.38% above
  • No deposit, withdrawal, transaction, or inactivity fees
  • 23 investment strategies including conventional, sustainable (growgreen), and specialty
  • BaFin-licensed asset manager; client ETFs held as protected special assets
  • Savings plans from EUR 25 per month with no minimum term
  • Withdrawal plans available from EUR 2,000 balance
  • Business and joint investment accounts available
  • Tax optimisation and annual rebalancing included in management fee

Cons

  • No native mobile app - platform is web-based only
  • Portfolio rebalancing occurs only annually (December) unless drift exceeds 10%
  • ETF-only approach: no individual stocks, bonds, or active fund selection
  • No children's accounts (planned with future Upvest custody migration)
  • Minimum EUR 500 for lump-sum deposits (EUR 25 for savings plans)
  • Sustainable strategies have historically underperformed conventional equivalents
  • Higher total cost (approx. 0.90% all-in) for balances below EUR 50,000
Freedom24

Freedom24

Freedom24 offers stocks, ETFs, bonds, futures and stock options through a web platform and mobile app.

Your capital is at risk. Other fees apply.

growney

growney

growney is a German BaFin-licensed robo-advisor offering ETF-based managed portfolios across 23 strategies, including sustainable options, with a tiered fee structure and no transaction costs.

Your capital is at risk. Other fees apply.

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