Freedom24 Review
A comprehensive analysis of Freedom24 — the Nasdaq‑listed European broker offering access to 15+ global exchanges, 40,000+ stocks, bonds, options, and an exclusive IPO allocation service. Regulated by CySEC and backed by a publicly traded parent company.
Visit Official Website| Platform Name | Freedom24 |
| Official Website | freedom24.com |
| Founded | 2008 |
| Headquarters | Limassol, Cyprus |
| Founder | Timur Turlov |
| Public Listing | Nasdaq (parent company) |
| Platform Type | Multi‑Asset Broker (Stocks, ETFs, Bonds, Options, Futures) |
| Minimum Deposit | $0 (no minimum requirement) |
| Account Types | Standard Trading Account, D‑Account (interest‑bearing) |
| Stock Trades | Smart Plan: €2 + €0.02/share; All‑Inclusive: 0.5% + €0.012/share + €1.20/order |
| Options Contract Fee | Smart Plan: $0.65/contract; All‑Inclusive: $3/contract + $10/order |
| Available Assets | 40,000+ Stocks, 1,500+ ETFs, Bonds, Options, Futures, IPO Access |
| Global Markets | 15+ exchanges (US, UK, Europe, Asia, Switzerland, Hong Kong) |
| Mobile App | iOS and Android |
| Demo Account | No |
| Customer Support | Phone, Email, Dedicated Account Manager |
| Trust Score | 8.6 / 10 |
| Overall Rating | 4.2 / 5 |
| Fees & Commissions | ||
| Regulation & Security | ||
| Trading Platforms | ||
| Global Market Access | ||
| Ease of Use | ||
| Customer Support | ||
| Research & Education | ||
| Overall Rating |
Stock Pickers
With access to 40,000+ stocks across 15 global exchanges, Freedom24 is ideal for investors who want to build a truly international portfolio.
Bond & Options Investors
Unlike most retail brokers, Freedom24 offers bonds, options, and futures alongside traditional stocks and ETFs, appealing to more sophisticated investors.
IPO Enthusiasts
Freedom24 provides a distinctive IPO allocation service for European retail investors, giving access to pre‑IPO shares that are hard to find elsewhere.
Long‑Term Investors
The platform is designed for long‑term investing in stocks, ETFs, and bonds, with free custody and no inactivity fees.
Investors Seeking Transparency
Backed by a Nasdaq‑listed parent company, Freedom24 offers a level of public disclosure and accountability that private brokers cannot match.
European Investors
Freedom24 serves over 550,000 European clients and is regulated by CySEC, making it a natural choice for EU‑based investors.
Beginners with Small Capital
The lack of fractional shares and per‑share commission structure make Freedom24 less cost‑effective for small, frequent orders. Beginners may find commission‑free platforms more suitable.
Commission‑Free Seekers
Freedom24 is not a zero‑commission broker (except for promotional offers). Its fee structure is transparent but not the cheapest.
US Residents
Freedom24 is not available to US residents.
Day Traders & Scalpers
The platform is geared towards long‑term investing rather than active day trading.
Those Who Want a Demo Account
Freedom24 does not offer a demo account for practice trading.
Freedom24 is the European retail investment platform of a Nasdaq‑listed financial group. Founded in 2008 by Timur Turlov, the company originally grew in the CIS region before expanding globally. In 2019, the parent company listed on Nasdaq, becoming the first broker with roots in the CIS region to do so. Following US regulatory scrutiny in 2023, the group divested its Russian operations and now operates as a CySEC‑regulated European broker.
Freedom24 serves over 450,000 clients across Europe and offers access to 15+ global exchanges including the US, UK, European markets, the SIX Swiss Exchange, and the Hong Kong Stock Exchange. The platform provides more than 40,000 stocks, 1,500+ ETFs, bonds, options, and futures. One of its standout features is the IPO allocation service, which allows European retail investors to participate in initial public offerings.
Freedom24 also offers a remunerated “D‑Account” where uninvested cash earns interest — 4.33% for US dollars and 2.74% for euros. The company has won multiple awards in 2026, including Best Pan‑European Retail Investment Platform and Most Innovative Digital Trading Platform.
Open an Account
Complete the online application with personal and financial details. Identity verification typically takes 1‑2 business days.
Fund Your Account
Deposit via credit/debit card or bank transfer. No minimum deposit is required. Card deposits may incur a small percentage fee.
Choose Your Plan
Select between the Smart plan (per‑trade commission) or the All‑Inclusive plan (includes a personal assistant and DAS system).
Place Trades
Trade stocks, ETFs, bonds, options, and futures across 15+ global exchanges using the web or mobile platform. Monitor positions in real time.
Manage & Withdraw
Track performance, earn interest on uninvested cash via the D‑Account, and withdraw funds via bank transfer (€7 fee per withdrawal).
Nasdaq‑Listed Parent
The parent company is publicly traded on Nasdaq, offering unparalleled transparency and public disclosure.
15+ Global Exchanges
Access US, UK, European, Swiss, and Asian markets from a single account.
IPO Allocation Service
Participate in initial public offerings — a rare feature for European retail investors.
Bonds, Options & Futures
Trade asset classes that most retail brokers skip, including fixed income and derivatives.
D‑Account (Interest on Cash)
Earn up to 4.33% on USD and 2.74% on EUR on uninvested balances.
No Inactivity or Custody Fees
Free custody and no charges for inactivity, making it suitable for long‑term investors.
Dedicated Account Manager
All‑Inclusive plan clients receive a personal assistant.
Proprietary Technology
Freedom24 uses its own in‑house Tradernet platform, giving it full control over updates and integration.
Standard Trading Account
Access to all asset classes across 15+ global exchanges. Choose between Smart and All‑Inclusive fee plans. No minimum deposit.
D‑Account (Interest‑Bearing)
Earn interest on uninvested funds: 4.33% on USD and 2.74% on EUR. Automatically included with the trading account.
Corporate Account
Tailored accounts for companies and institutions. Contact support for details.
Freedom24 offers two fee plans: Smart and All‑Inclusive. Neither has a monthly subscription fee.
| Fee Component | Smart Plan | All‑Inclusive Plan |
| European Stocks & ETFs | €2 + €0.02/share | 0.5% + €0.012/share + €1.20/order |
| US Stocks | $0.02/share + admin fees | 0.5% + $0.012/share + $1.20/order |
| US Options | $0.65/contract | $3/contract + $10/order |
| Bank Withdrawal | €7 | €7 |
| Account Closure | €100 | €100 |
| Inactivity Fee | None | None |
| Custody Fee | None | None |
Freedom24 Web Platform
A clean, functional web interface with multi‑market watchlists, charting, IPO allocation flows, and bond‑trading modules.
Freedom24 Mobile App
iOS and Android apps for trading on the go. Includes real‑time quotes, price charts, currency exchange tools, and a smart market news feed.
Tradernet Platform
Freedom24’s proprietary in‑house trading technology, offering advanced charting, multiple order types, and portfolio analysis tools.
Research & Analysis Tools
Access to professional analyst research, investment ideas, and real‑time market data.
Bank Transfer
Free for deposits. Withdrawals cost €7 per transaction. Processing time: 1‑3 business days.
Credit / Debit Cards
Visa and Mastercard accepted. Card deposits incur a minor percentage fee subject to a minimum charge.
Electronic Wallets
Availability varies by region. Check the platform for supported e‑wallets.
Regulatory Oversight
Freedom24 (Freedom Finance Europe Ltd) is regulated by the Cyprus Securities and Exchange Commission (CySEC). The parent company is listed on Nasdaq and regulated by the SEC. Freedom24 is also a member of Euroclear.
- Europe: CySEC – investor compensation up to €20,000.
- USA: SEC and FINRA (parent company).
- Germany: BaFin oversight for local operations.
Financial Strength
The parent company has over 4.5 million clients worldwide and 2,500 employees across 15 countries. Its Nasdaq listing imposes rigorous financial reporting and transparency standards.
Client Asset Protection
Client funds are held in segregated accounts. EU clients are covered by the Investor Compensation Fund (ICF) up to €20,000. The parent company’s public disclosures add an extra layer of accountability.
- Nasdaq‑listed parent company with public disclosure requirements
- Access to 15+ global exchanges from a single account
- 40,000+ stocks and 1,500+ ETFs available
- Unique IPO allocation service for retail investors
- Bonds, options, and futures available – rare for retail brokers
- No inactivity or custody fees
- D‑Account earns interest on uninvested cash (up to 4.33% on USD)
- Competitive Smart Plan: €2 + €0.02/share
- Dedicated account manager available (All‑Inclusive plan)
- CySEC regulated with €20,000 investor protection
- Zero‑commission promotion for new clients in select countries
- No fractional shares – requires whole share purchases
- No demo account for practice trading
- €7 bank withdrawal fee per transaction
- €100 account closure fee
- No crypto or forex trading
- Not available to US residents
- No automatic tax reporting (no IFU for French clients)
- Platform is less polished than some mobile‑first competitors
- Commission structure not the cheapest for frequent small orders
Freedom24 offers customer support via phone, email, and a dedicated account manager for All‑Inclusive plan clients. The support team is responsive and available in multiple languages.
Clients report positive experiences with the dedicated account manager, which provides a level of personalised service rarely seen in online brokerages. However, the lack of 24/7 support may be a drawback for some traders.
Freedom24’s web and mobile platforms are clean and functional, with multi‑market watchlists, charting, and dedicated modules for IPO allocation and bond trading. However, the interface is not as polished or intuitive as some newer mobile‑first platforms.
The platform is designed for investors who are comfortable with research and self‑direction. It offers professional analyst research and real‑time data, but lacks the gamified simplicity of some competitors. The absence of a demo account means new users must learn by doing with real capital.
For experienced investors, the platform’s depth — particularly its access to bonds, options, and IPOs — is a significant advantage. For beginners, the learning curve may be steeper than with commission‑free, fractional‑share platforms.
- Experienced investors seeking access to 15+ global exchanges
- Stock pickers who want to build an international portfolio
- Investors interested in bonds, options, and futures
- IPO enthusiasts wanting pre‑IPO allocation
- European investors who value CySEC regulation and Nasdaq transparency
- Long‑term investors who appreciate no inactivity or custody fees
- Those who want interest on uninvested cash
- Beginners with small capital who need fractional shares
- Investors seeking zero‑commission trading (outside promotional periods)
- US residents (not available)
- Day traders and scalpers who need advanced order types
- Those who want a demo account to practice
- French investors looking for a PEA or IFU tax reporting
Freedom24’s Smart Plan is competitive for medium to large orders. Below is a comparison for typical trade scenarios:
| Trade Scenario | Freedom24 (Smart) | Commission‑Free Broker | Traditional Broker |
| 50 shares of US stock ($50/share) | $1.00 (0.02/share) | $0 | $5‑10 |
| 100 shares of EU stock (€50/share) | €2 + €2 = €4 | $0 | €5‑10 |
| 1,000 shares of EU stock (€50/share) | €2 + €20 = €22 | $0 | €10‑20 |
| 1 US options contract | $0.65 | Varies | $1‑2 |
Account Security
Trading Best Practices
- Use limit orders to control execution prices, especially on less liquid international markets.
- Take advantage of the D‑Account to earn interest on idle cash.
- Research IPOs carefully before participating; not all IPOs are good investments.
- Consider the All‑Inclusive plan if you need a dedicated account manager.
- Factor in the €7 withdrawal fee when planning your cash management.
| Platform | Stock Commission | Global Markets | Fractional Shares | Best For |
|---|---|---|---|---|
| Freedom24 | €2 + €0.02/share | 15+ exchanges | No | IPO, bonds, options, global stocks |
| Interactive Brokers | From $0.0035/share | 150+ | Limited | Active traders, professionals |
| Trading 212 | $0 | 20+ exchanges | Yes | Beginners, fractional shares |
| eToro | $0 | 50+ | No (CFDs only) | Social trading, crypto |
| Degiro | From €1.90 | Moderate | No | Low‑cost European trading |
Is Freedom24 safe and regulated?
Yes. Freedom24 is regulated by CySEC and its parent company is listed on Nasdaq. EU clients are protected by the Investor Compensation Fund up to €20,000.
What is the minimum deposit for Freedom24?
There is no minimum deposit requirement. You can start trading with any amount.
Does Freedom24 offer a demo account?
No, Freedom24 does not currently offer a demo account.
What is the IPO allocation service?
Freedom24 allows European retail investors to participate in initial public offerings (IPOs), a feature rarely offered by other brokers.
Does Freedom24 charge inactivity fees?
No, there are no inactivity fees.
Can I trade cryptocurrencies on Freedom24?
No, Freedom24 does not offer cryptocurrency trading.
What is the D‑Account?
The D‑Account is an interest‑bearing account for uninvested cash. It offers 4.33% on USD and 2.74% on EUR balances.
Is Freedom24 available in the US?
No, Freedom24 is not available to US residents.
What are the withdrawal fees?
Bank withdrawals cost €7 per transaction. There is also a €100 account closure fee.
Does Freedom24 offer fractional shares?
No, fractional shares are not available.
What fee plans does Freedom24 offer?
Freedom24 offers two plans: Smart (€2 + €0.02/share) and All‑Inclusive (0.5% + €0.012/share + €1.20/order).
Final Verdict
Freedom24 is a compelling choice for experienced European investors who want more than just stocks and ETFs.
The platform’s greatest strengths are its global market access (15+ exchanges), diverse product offering (bonds, options, futures), and the unique IPO allocation service. The Nasdaq‑listed parent company adds a layer of transparency and accountability that few privately held brokers can match. The D‑Account, which pays interest on uninvested cash, is another standout feature.
However, Freedom24 is not for everyone. The lack of fractional shares, absence of a demo account, and commission structure make it less suitable for beginners or those with small capital. The €7 withdrawal fee and €100 account closure fee are also worth noting.
Freedom24 is highly recommended for European investors who value global diversification, access to IPOs, and the security of a Nasdaq‑listed parent company — provided they are comfortable with a more traditional, commission‑based brokerage model.
Start Investing with Freedom24
Join over 450,000 European investors who access 15+ global markets, trade IPOs, and earn interest on cash. Open your account today.
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