Freedom 24 Broker Review

　　

Freedom 24 2025 Review: Everything You Need to Know

　　Freedom 24 has garnered attention as a promising online brokerage platform, particularly for European investors. The platform offers a diverse range of trading options, including stocks, ETFs, bonds, and options, while also providing competitive interest rates on uninvested cash. However, it has faced scrutiny due to past allegations against its parent company, which may raise concerns for some investors.

　　Note: It is essential to consider the different regulatory entities across regions, as Freedom 24 operates under various jurisdictions, which could impact user experience and regulatory compliance.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	8
Tools and Resources	7
Customer Service and Support	7
Trading Setup (Experience)	8
Trustworthiness	7
User Experience	8
Overall	7.5

　　We rate brokers based on user feedback, expert analysis, and factual data from various sources.

　　

Broker Overview

　　Founded in 2015, Freedom 24 is a trading platform operated by Freedom Finance Europe Ltd., a subsidiary of the publicly traded Freedom Holding Corp. on NASDAQ. The platform provides access to over 1 million financial instruments across 15 major exchanges, including NYSE and NASDAQ. It operates under the regulation of the Cyprus Securities and Exchange Commission (CySEC) and is compliant with the EU's MiFID II framework.

　　Freedom 24 does not support popular trading platforms like MT4 or MT5; instead, it offers its proprietary trading platform, which is designed to cater to both novice and experienced traders. The platform allows trading in a variety of asset classes, including stocks, ETFs, bonds, and options.

　　

Detailed Breakdown

　　Regulated Geographic Areas/Regions:

　　Freedom 24 is primarily regulated in the European Union under CySEC and has additional oversight from BaFin in Germany and the SEC in the U.S. This multi-jurisdictional regulation provides a level of security and transparency for users.

　　Deposit/Withdrawal Currencies/Cryptocurrencies:

　　The platform supports deposits and withdrawals in Euros (EUR) and U.S. Dollars (USD). Currently, Freedom 24 does not offer cryptocurrency trading, which may limit options for some investors.

　　Minimum Deposit:

　　Freedom 24 has no minimum deposit requirement, making it accessible for a wide range of investors. This is particularly appealing for beginners who may want to start with smaller amounts.

　　Bonuses/Promotions:

　　New users can take advantage of a commission-free trading period for the first 30 days. Additionally, the platform has been known to offer bonuses for transferring stocks from other brokers.

　　Tradeable Asset Classes:

　　Freedom 24 provides access to a diverse range of asset classes, including over 40,000 stocks, 1,500 ETFs, and a significant number of U.S. options. This extensive selection allows investors to diversify their portfolios effectively.

　　Costs (Spreads, Fees, Commissions):

　　The fee structure is relatively transparent, with commissions starting at €0.02 per share for stocks and ETFs, alongside a €7 withdrawal fee. While there are no inactivity fees, some users have raised concerns about the flat withdrawal fee and currency conversion costs, which can be around 0.2% spread.

　　Leverage:

　　Freedom 24 offers leverage up to 1:3, which may appeal to more active traders looking to amplify their positions.

　　Allowed Trading Platforms:

　　The platform is accessible via its proprietary web and mobile applications. However, it does not support third-party trading platforms like MT4 or MT5.

　　Restricted Areas:

　　Currently, Freedom 24 does not accept clients from the United Kingdom due to regulatory changes post-Brexit. This may limit access for potential investors in that region.

　　Available Customer Service Languages:

　　Customer support is available in multiple languages, primarily English and Spanish. Users can reach out via email, phone, or through the mobile app's live chat feature.

　　

Repeated Ratings Overview

Category	Rating (out of 10)
Account Conditions	8
Tools and Resources	7
Customer Service and Support	7
Trading Setup (Experience)	8
Trustworthiness	7
User Experience	8
Overall	7.5

　　

Detailed Breakdown of Ratings

　　Account Conditions (8/10):

　　Freedom 24's lack of a minimum deposit requirement and absence of inactivity fees are significant advantages. However, the flat withdrawal fee of €7 may deter some users.

　　Tools and Resources (7/10):

　　The platform provides essential trading tools and resources, including a demo account for practice. However, the lack of advanced charting tools may limit some experienced traders.

　　Customer Service and Support (7/10):

　　Customer service is generally responsive, but some users have reported challenges in accessing support promptly. The absence of live chat on the website is a notable drawback.

　　Trading Setup (Experience) (8/10):

　　The trading platform is user-friendly and intuitive, making it suitable for both beginners and seasoned traders. However, the lack of customization options may not meet the needs of all users.

　　Trustworthiness (7/10):

　　While Freedom 24 is regulated and offers investor protection through the Investor Compensation Fund (ICF), past controversies involving its parent company may raise concerns for some investors.

　　User Experience (8/10):

　　Overall, users report a positive experience with the platform, highlighting its ease of use and accessibility. The promotional offers and interest-bearing accounts are attractive features.

　　In conclusion, Freedom 24 presents a compelling option for investors looking for a diverse range of trading opportunities and competitive interest rates on uninvested cash. However, potential users should be mindful of the withdrawal fees and the regulatory landscape surrounding the platform.