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 in your tax residency.
3. Sign the agreement.

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

You can deposit by bank transfer (free of commission on Freedom24’s side) or by card (instant, with a processing fee). A bank 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: the 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 lists more than 147,000 bonds (corporate, municipal, and sovereign), with denominations starting at $1,000. Bond trades on exchange cost 0.15% plus €/$5 on the Smart plan and 0.5% plus €/$5 on All Inclusive.

For ETF investors, the main feature is the ETF Investment Plan: you choose one or more ETFs, an amount, and a frequency, and Freedom24 invests automatically. Commission-free investing applies exclusively to purchases made through the Freedom24 Recurring Investment Plan. Other fees may apply, as set out in the Freedom24 Fee Schedule.

Fees

Freedom24 offers two main service plans for new EU clients: Smart in EUR and All Inclusive in EUR. An Exclusive plan is also available on request. Neither main plan has a monthly fee.

All inclusive in EUR

You pay no monthly fee and 0.5% of trade value plus €/$0.012 per share and €/$1.2 per order on US and European stocks and ETFs. Asian stocks cost 0.25% plus HK$10 per order, US stock options cost $3 per contract plus $10 per order, and SMS notifications are free. This plan includes a personal manager.

Smart in EUR

You pay no monthly fee and €/$0.02 per share plus €/$2 per order on US and European stocks and ETFs. Asian stocks cost 0.25% plus HK$10 per order, US stock options cost $0.65 per contract, and SMS notifications cost €0.05 each.

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

Besides these fees, some fees are the same across all service plans:

• Withdrawal by bank transfer: €/$7 (intermediary bank fees may apply).
• Withdrawal to a card: 0.65% (minimum €/$2).
• Inactivity and custody: no inactivity fee and no standard custody fee.

Finally, whether your base account is in EUR or USD, you need to be aware of the currency conversion fees. When we checked on 17 January 2025, 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 very low. Spreads move with the market, so check the live rate before converting.

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 Corp, the parent company of Freedom Finance Europe Ltd, which operates Freedom24, is listed on NASDAQ. As a US-listed company, it files annual and quarterly reports with the SEC, prepares its accounts under US GAAP (Generally Accepted Accounting Principles), and is audited by Deloitte under PCAOB (Public Company Accounting Oversight Board) rules.

At the same time, Freedom Finance Europe Ltd is regulated by CySEC (Cyprus Securities and Exchange Commission) under licence CIF 275/15, granted in May 2015, and serves other EU countries under the freedom to provide services. It also works through tied agents in several countries, including Germany, France, Spain, Italy, and Poland.

Freedom24 clients’ assets are segregated from the company’s own assets 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.

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 with its principal executive office in New York and operations in 24 countries, FRHC is subject to 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, up about 9%).
• Net income: $153.3 million (vs $76.2 million in FY2025).
• Net gain on trading securities: $158.8 million (vs a $57.8 million loss in FY2025).
• Brokerage clients: 858,000.
• Banking clients: 5.03 million.
• Russell 3000: the stock was added to the index during the year.

In the following quarter (April to June 2026), FRHC reported revenue of $732.5 million and net income of $31.7 million, with 874,000 brokerage clients.

The full annual and quarterly filings are available on 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.

Beyond the points above:

• S&P rating: S&P Global Ratings upgraded Freedom Finance Europe Ltd (the entity that operates Freedom24) to “BB-” in June 2026 and revised the outlook to positive in September 2026. The parent Freedom Holding Corp is rated “B-“, also with a positive outlook.
• MiFID II: Freedom24 operates under the EU Markets in Financial Instruments Directive, which sets investor protection standards across the EU.
• AFME: Freedom24 states that it is a member of the Association for Financial Markets in Europe.
• Parent company reporting: Freedom Holding Corp files reports with the SEC as a NASDAQ-listed company and is 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
• 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 product breadth, giving long-term investors access to over 1,000,000 instruments (about 40,000 stocks, 3,600+ ETFs, options, futures, and 147,000+ bonds) across major global exchanges from a single 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 Investment Plans (built around diversification and regular investing), a large bond offering, 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 its European subsidiary upgraded to “BB-” by S&P in 2026, Freedom24 is a credible option for European investors who prioritise disciplined, long-term portfolio building over short-term speculation.

FAQs