Is Freedom Broker A Good Broker? Review & Experiences 2025.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Quick & Easy: How To Open a Freedom Broker Account

Head over to Freedom Broker and click the sign-up button. This will initiate the account opening process.
Provide your personal details by filling out the registration forms. Make sure all information is accurate to avoid delays during the verification process.
To complete the verification process, you’ll need to provide a clear copy of your passport and a proof of address dated within the last 3 months. Please note that you must be at least 18 years old.
Once verified, deposit funds into your trading account. You can check in our review below what are the available payment options at Freedom Broker.
With funds in your account, you’re ready to start trading. Access the Freedom Broker trading platform, explore available markets, and place your first trade with confidence.

Freedom24, operated by Freedom Finance Europe Ltd., is part of Freedom Holding Corp., a publicly traded company listed on NASDAQ. Known for its wide range of financial instruments and innovative features like interest-bearing savings accounts, Freedom24 appeals to investors seeking flexibility and transparency.

Trading Instruments

Freedom24 offers an impressive variety of assets, making it suitable for diverse investment strategies:

  • Stocks: Access over 40,000 stocks from major markets, including the US, Europe, and Asia.
  • ETFs: Choose from more than 1,500 ETFs managed by industry leaders such as Vanguard, BlackRock, and iShares.
  • Options and Futures: Limited selection of options and futures, catering primarily to seasoned investors.

This range is ideal for investors looking to build diversified portfolios.

Account Types

Freedom24 provides two primary account types to suit different investment needs:

  • Trading Account: Designed for active investors, offering full access to the platform’s trading tools and instruments.
  • D-Account (Savings Account): Offers a 3% annual interest on uninvested funds, providing a unique feature for earning passive income while waiting for the right investment opportunities.

The dual account system combines active trading with the benefits of a savings account, a rare offering in the brokerage space.

Fees and Commissions

Freedom24 employs a tiered pricing structure based on the service plan:

  • Promo Plan: Enjoy commission-free trading for the first 30 days after account setup.
  • Standard Pricing: Commissions start at €0.02 per share, with a minimum of €2 per order.

Withdrawal fees of €7 apply, which may not appeal to cost-conscious investors. However, the competitive trading commissions balance out these charges for active traders.

Platform Features

Freedom24’s platform, available on desktop and mobile, provides essential tools for modern investors:

  • Real-Time Market Data: Stay updated with live prices and market trends.
  • Comprehensive Charting Tools: Analyze market movements with technical indicators and charting options.
  • User-Friendly Design: While functional, some users have suggested that the interface could use a refresh to enhance usability.

The platform strikes a balance between simplicity for beginners and functionality for intermediate investors.

Customer Support

Freedom24 offers customer support via email, phone, and live chat. While the support team is generally helpful, response times can vary depending on the channel used. The availability of multilingual support is a plus for international clients.

Educational Resources

Freedom24’s educational offerings are primarily geared towards new investors:

  • Articles and Tutorials: Covering the basics of trading and investing.
  • Market Insights: Updates on trends and developments in global markets.
  • Guides: Step-by-step resources for navigating the platform and understanding investment strategies.

These resources are adequate for beginners but may feel limited for advanced traders seeking deeper market insights.

Pros and Cons

Pros

  • Extensive Selection of Global Stocks and ETFs: Freedom Broker provides access to over 40,000 stocks and 1,500 ETFs across major American, European, and Asian exchanges, enabling diversified investment opportunities. :contentReference[oaicite:0]{index=0}
  • Interest-Bearing Savings Account: Offers a ‘D-account’ with variable annual interest rates, providing up to 3.85% for EUR deposits and up to 5.33% for USD deposits, with daily interest accrual. :contentReference[oaicite:1]{index=1}
  • Commission-Free Trading Promotion: New clients enjoy commission-free trading for the first 30 days, allowing cost-effective initial investments. :contentReference[oaicite:2]{index=2}
  • Transparent and Competitive Fees: Implements a clear fee structure with low commissions on stock and ETF trades, enhancing cost transparency for investors. :contentReference[oaicite:3]{index=3}
  • Operated by NASDAQ-Listed Parent Company: As a subsidiary of Freedom Holding Corp, listed on NASDAQ, it ensures credibility and adherence to stringent regulatory standards. :contentReference[oaicite:4]{index=4}

Cons

  • Withdrawal Fees: A €7 fee is charged per withdrawal, which may deter frequent transactions. :contentReference[oaicite:5]{index=5}
  • Outdated Platform Design: The platform’s interface could benefit from modernization to enhance user experience. :contentReference[oaicite:6]{index=6}
  • Limited Advanced Trading Options: Lacks access to more modern platforms like MT5 or cTrader, which may not meet the needs of advanced traders seeking sophisticated tools. :contentReference[oaicite:7]{index=7}

Final Thoughts

Freedom24 stands out for its combination of active trading and savings features, making it a unique choice for investors who want flexibility and transparency. While the withdrawal fees and limited advanced features may be drawbacks, the broker’s diverse range of instruments and interest-earning account add significant value.

For those seeking a balance between trading and passive income, Freedom24 is worth exploring. As always, compare it with other brokers to ensure it aligns with your investment strategy and goals.

This Freedom Broker review was posted on 07/12/2024 and last updated on 07/12/2024.

Start Your Trading Journey with Freedom Broker

Open a Real Money Account

Sign up with Freedom Broker and start trading with as little as $. Trade in real markets and take advantage of opportunities.

Open a Real Account

OR

Practice with a Demo Account

Not ready to trade with real money? Start practicing with Freedom Broker’s demo account. Risk-free and no obligations.

Open a Demo Account
Risk Warning: % of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money

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User Feedback About Freedom Broker

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Read User Comments About Freedom Broker

Read through the user reviews and feedback on Freedom Broker to get insights from real users.

ETFs

12/07/2024

Good for ETFs and physical Shares – interest on deposits as well but not in my region 🙁

Andreas

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Investing and trading carry inherent risks, with portfolio values subject to fluctuation. Leveraged products pose an elevated risk of complete capital loss. None of the articles on this website constitute investment advice or recommendations. Prior to engaging in any transactions, it is imperative to seek professional guidance and conduct thorough due diligence. The content provided serves for informational purposes only and does not imply suitability for any particular individual or circumstance. The website and its affiliates bear no responsibility for any financial losses incurred as a result of actions taken based on the information presented. Users are encouraged to exercise caution and make informed decisions when participating in financial activities.

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