Freestoxx review

Stock trades carry a fee of $0 on the commission-free model, and the inactivity fee is $0. Currency conversion adds an fx fee of 0%, which is the main ongoing cost for most investors. Overall it scores 7.1 on cost.

Options are the one place a charge appears, at $0.59 per contract. Stocks themselves stay commission-free, so the cost of trading options depends on how many contracts are opened. Freestoxx lists options within stocks and options.

Freestoxx operates under a WH SelfInvest broker license, and the client entity is WH SelfInvest S.A.. Investor protection is EU ICS up to EUR 20,000. Clients holding more than that ceiling would need a different arrangement.

The inactivity fee is $0, so dormant accounts are not charged. That places Freestoxx at 1 of 56 brands on this measure. The stock trade fee ranking is similarly strong at 1 of 161.

The market list covers stocks and options, with leverage of 4 to 1 intraday available for day trading. Trading runs through the App and Platform, and a demo account is offered so positions can be tested first. Support for mobile trading comes through the demo account and mobile app option.

Incoming transfers are Incoming transfer free, and the account itself is commission-free under commission free. The business was founded in 1998, which gives some sense of how long the platform has been running. For comparison, the typical minimum deposit across the site is €4.64.

It suits European investors who want commission-free stock dealing, free incoming transfers and a demo account, with leverage of 4 to 1 intraday for intraday positions. Retail accounts that lose money sit near a site median of 70.15%, so the fee savings do not remove trading risk. eToro suits readers wanting a wider market list.