Freedom24 review 2026

Highlights

Pros and cons

Account opening

You can open a Freedom24 account in a matter of minutes (2-15 minutes for validation) once you supply your personal information. This will let you immediately try out their Demo trading platform to test its functionality.

Here are the steps required to open an account:

1. Sign up;
2. Fill your tax residency;
3. Sign the agreement.

Freedom24 has no minimum deposit amount for stock, ETFs, bonds, and options trading.

There are three different deposit methods available to clients: Credit Card, Bank Wire Transfer or Digital Assets. Credit card funds will appear on your account immediately. A Bank Wire Transfer usually takes up to 3 business days.

To withdraw, you will be asked to fill in the details of your banking information (IBAN, Beneficiary Account Number, SWIFT,…):

Trading platform

If you want to invest via Freedom24, you have two options – web version or through the mobile app. Both trading platforms are adequate for executing trades. They are well designed and intuitive, but lack customization options.

Starting with the web version, after login, you will notice a straightforward summary of your account:

This overview is enough for most investors (we value platforms that state the information in a simple manner). From there, you have access to several features such as the “Trade”, “Member Area”, and “Charts”:

The demo terminal appears as soon as you complete the first step of registration (between the step when you fill your e-mail and the final confirmation with selfie and opening real account). However, if the real account is opened, the terminal becomes real. You can register another “unconfirmed” account if you want to continue “real trading” and “demo trading” in parallel.

For security reasons, some accounts requests are “blocked”. To unlock, you will receive an SMS message on your mobile phone to ensure it is you (note: this has no cost! You will understand why we mention it as soon as you get to the “Fees” section).

The mobile app works in the same logic as the web version, which makes it a perfect alignment with the web version:

Products and markets

Freedom24 offers thousands of trading instruments, including stocks, ETFs, bonds, futures, and options on major American, Asian, and European exchanges (NASDAQ, NYSE, CME, HKEX, LSE, Deutsche Börse). From growth to value stocks, dividend aristocrats to oil companies, you have plenty of variety in which investment to choose from.

For example, in the US market, it offers access to stocks, bonds, funds and options:

However, within the European market, you can only invest in stocks and bonds:

Concerning bonds, Freedom24 launched Bonds Showcase, allowing for small investments of just €/$1,000. It is a list of high-rated bonds (B+ and above) designed to offer investors a predictable and stable return.

This new feature streamlines the process of finding and purchasing bonds, making it more accessible for investors seeking reliable market opportunities and long-term financial growth.

Other alternative investment opportunities that offer competitive yields and a balanced approach to risk are the following:

• Selection of bond ETFs with potential dividend yields of 5%–7.5% p.a. in USD* (more info here)
• Selection of bond ETFs with potential dividend yields of 4.7%–6.3% p.a. in EUR* (more info here)

Fees

Freedom24 offers two service plans (pricing): “All inclusive in EUR” and “Smart in EUR”.

All inclusive in EUR

You have no monthly fee, 0.50% of trade value + €0.012 of commission per share in stocks and ETFs in the US, Europe, and Asia (with a minimum of $/€1.2 per order), 0.25% commission per share in stocks and ETFs from Asia (with a minimum of 10HK$ per trade), US stock options per contract of $3, and, as an optionality, free SMS notifications (transactions and alert notifications).

Smart in EUR

You have no monthly fee, $/€0.02 of commission per share in stocks and ETFs in the US, Europe, and Asia (with a minimum of $/€2 per order), 0.25% commission per share in stocks and ETFs from Asia (with a minimum of 10HK$ per trade), US stock options per contract of $0.65, and, as an optionality, SMS notifications (transactions and alert notifications) for €0.05 each.

For more details on the fee schedule, please visit this page.

Besides these fees, there is another set of fees that are the same across all service plans, namely:

• Margin Lending: From 0.049315% per day in EUR. When you decide to leverage your investments, you will pay a daily lending rate based on the amount leveraged.
• Withdrawal via bank transfer: €7
• Account closing: €/$100.

Finally, whether your base account is in EUR or USD, you need to be aware of the currency conversion fees. On the 17^th of January 2025, the USD/EUR was quoted at 0.97005 (0.97005 EUR per 1 USD). At the same time, the purchase and sale prices in Freedom 24 were 0.97003 and 0.97008, meaning a spread of roughly 0.005%, which is extremely low.

In other words, if you want to purchase a US stock using EUR, you will need to convert your EUR at 0.97003, and if you decide to convert again to EUR instantly, you will get back your EUR at 0.97008. It would translate to an immediate loss of 0.005%.

Please read our dedicated article on Freedom24 fees.

Safety and regulation

Freedom Holding, the parent company of Freedom Finance Europe Ltd, which operates Freedom24, incorporates US SEC regulatory standards into its operations. For instance, the company complies with American audits under PCAOB rules, US GAAP principles, and IFRS standards, all audited by Deloitte. Freedom24 also fully complies with the Sarbanes-Oxley Act (SOX), which protects investors from misleading financial reports.

At the same time, Freedom Finance Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license CIF 275/15 and it is registered in several countries under the “freedom to provide services”.

Freedom24 clients’ assets are segregated into separate entities[1] and thus protected against insolvency. In the unlikely event that the segregated assets cannot be returned to clients, Freedom24 falls under the Investor Compensation Fund (ICF), which compensates for any losses from non-returned investments up to EUR 20,000.

Freedom24 only acts as an intermediary between you and the stock exchange, meaning that the stocks you buy are yours. Still, in an extreme bankruptcy scenario, the regulators would assign an asset manager, after which the clients would be able to request to transfer their assets to another broker.

Please note, however, that Freedom24 is not regulated by top-tier regulators like the FCA, SEC and ASIC, but it is registered with BaFin (Germany), and with every other regulator in countries where Freedom24 operates. Furthermore, being part of Freedom Holding Corp, it is subject to more scrutiny from US regulators.

Public company details

Freedom24 is the online trading platform of Freedom Finance Europe Ltd, the EU-regulated subsidiary of Freedom Holding Corp (NASDAQ: FRHC), which is also listed on the Kazakhstan Stock Exchange (KASE) and the Astana International Exchange (AIX). As a US-listed public company headquartered in Almaty, Kazakhstan, with operations in 22 countries, FRHC is subject to rigorous SEC disclosure requirements covering financial condition, operating results, executive compensation, and internal controls – a level of transparency not available with most private brokers.

Because the parent company’s financial statements are publicly available, investors can transparently track its financial health – which is exactly what we have been doing. Looking at the most recent fiscal year 2026 results (ended March 31, 2026), Freedom Holding Corp reported:

• Total revenue, net: $2.19 billion (vs $2.00 billion in FY2025, a year-on-year increase of ~9%);
• Net income: $153.3 million (vs $76.2 million in FY2025, more than doubling year-on-year);
• Net gain on trading securities: $158.8 million (a $216.6 million / 375% increase, primarily from Kazakhstan sovereign and corporate debt securities);
• Brokerage segment clients: 858,000 (up from 683,000);
• Banking segment clients: 5,026,000 (up from 2,515,000);
• Inclusion in the Russell 3000 Index, reflecting growing institutional recognition.

The composition of the balance sheet remains worth monitoring: trading securities still represent a meaningful share relative to cash and shareholders’ equity, which means FRHC retains a degree of market-risk sensitivity that prudent investors should understand. The full quarterly filings are available via the SEC EDGAR system and the company’s investor relations website.

The “Trading Securities” line item on Freedom Holding Corp’s balance sheet remains meaningful relative to “Cash and cash equivalents” and “Shareholders’ Equity”. This means the holding company retains a degree of market-risk sensitivity that investors should be aware of – though the parent group reports a risk-adjusted capital (RAC) ratio above 12%, which S&P Global Ratings views as supportive of its credit profile.

Beyond the points above:

• S&P Global Ratings has upgraded Freedom Finance Europe Ltd (the entity that operates Freedom24) to “BB-” with a stable outlook, alongside other key subsidiaries (Freedom Finance JSC, Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC). The parent Freedom Holding Corp is rated “B-” with a stable outlook;
• Fully MiFID II-compliant, the European regulatory framework that establishes high standards of investor protection across the EU;
• Member of the Association for Financial Markets in Europe (AFME);
• Parent company Freedom Holding Corp is regulated by the US SEC, subject to Sarbanes-Oxley (SOX) compliance, and audited by Deloitte under PCAOB rules.

Supported countries

Freedom24 accepts clients from the following countries:

• Austria
• Azerbaijan
• Belize
• Belgium
• Bulgaria
• Croatia
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Georgia
• Germany
• Greece
• Hungary
• Ireland
• Iceland
• Italy
• Liechtenstein
• Lithuania
• Luxembourg
• Latvia
• Kazakhstan
• Malta
• Moldova
• Netherlands
• Norway
• Poland
• Portugal
• Qatar
• Romania
• Slovenia
• Slovakia
• Spain
• Sweden
• Switzerland
• Thailand
• Ukraine
• United Arab Emirates

In the United Kingdom (UK), Freedom24 is temporarily not accepting new customers due to the new regulatory framework. The company is working with the Financial Conduct Authority (FCA) to reopen its activity in the UK, but no approval has been given yet.

Bottom line

Every trading platform has its pros and cons, and Freedom24 is no exception. One of Freedom24’s biggest strengths is its ability to compress costs without compromising on product breadth – giving long-term investors access to 40,000+ stocks, 3,600+ ETFs, 800,000+ US options, and 145,000+ bonds across major global exchanges from a single EUR-denominated platform.

The Freedom24 web and mobile platforms are well-designed and straightforward to use, with a built-in demo terminal for those who want to test the interface before committing capital. The combination of ETF Savings Plans (built around diversification and DCA discipline), the Bonds Showcase, the InvestIdeas research blog, and the Freedom Academy makes Freedom24 a strong choice for conscious, long-term investors who want a single platform to build and maintain a diversified portfolio across multiple asset classes.

Backed by a NASDAQ-listed parent (Freedom Holding Corp, ticker FRHC), regulated under MiFID II, and with subsidiary credit ratings recently upgraded to “BB-” by S&P, Freedom24 is a credible, cost-efficient option for European investors prioritising disciplined wealth-building over short-term speculation.