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Freedom24 review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Freedom24 suits investors who want a CySEC regulated broker without a standing account charge, since the account fee is €0 and the minimum deposit is €0. The catch is the flat stock trade fee of €2, plus an FX fee of 0.005% on currency conversion.

Key facts

Best for
Self-directed stock and ETF investors who trade less often and want no monthly account charge.
Minimum deposit
€0↗
Stock trade fee
€2↗
Account fee
€0↗
Inactivity fee
€0↗
Markets
Stocks, ETFs, Options, Bonds↗
Regulators
CySEC↗
Investor protection
EU ICS up to EUR 20,000↗
Currency conversion fee
0.005%↗
Options contract fee
$0.65↗
Deposit and withdrawal fees
EUR 7 per withdrawal↗
Platforms
Freedom24 App, Freedom24 Web↗
Legal entity
Freedom Finance Europe Ltd↗
Headquarters
Cyprus↗
Founded
2013↗
Features
Options, Mobile app
Official website
freedom24.com

Facts checked September 26, 2026, 8 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Account fee of €0 and inactivity fee of €0, both nil, with a minimum deposit of €0
  • Regulated by CySEC under licence 275/15, with investor protection of EU ICS up to EUR 20,000
  • Trades span stocks, etfs and options, so shares, ETFs, options and bonds sit in one account
  • Mobile app and web platform, with options listed as a feature

Cons

  • Flat stock trade fee of €2 per deal, with no tiered or percentage pricing stated
  • FX fee of 0.005% on currency conversion, and a withdrawal charge of EUR 7 per withdrawal
Freedom24

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Scored 8.9 / 10 by SumCue.

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Who it suits

  • Investors buying shares and ETFs a few times a month rather than trading daily
  • EU investors who want CySEC oversight and investor compensation of EU ICS up to EUR 20,000
  • Options and bond traders who want those markets under stocks, etfs and options in a single account

Who should look elsewhere

  • Active day traders, since the stock trade fee is a flat €2 and no commission tier is listed
  • Readers who want a fixed savings rate, as the charges here are trading costs such as €2 per deal
  • Readers who trade options heavily, since every options contract carries $0.65

Fees and FX

The standing costs are the easiest part: the account fee is €0 and the inactivity fee is €0, so holding an account costs nothing. You can open it with a minimum deposit of €0. Trading is where charges appear, with a stock trade fee of €2 and an options fee of $0.65. Currency conversion adds an FX fee of 0.005%, and taking money out costs EUR 7 per withdrawal.

Deposit protection

Freedom Finance Europe Ltd is the legal entity and it is based in Cyprus, where it is regulated by CySEC. The licence reference is 275/15. Investor compensation is described as EU ICS up to EUR 20,000, so a claim against the firm is capped at that figure if it fails and cannot return client money.

How Freedom24 compares

Where Freedom24 is available

Available
Everywhere except United States
Licence in Cyprus
CySEC (275/15), checked September 26, 2026

Frequently asked questions

How much does it cost to open and run a Freedom24 account?+

The account fee is €0 and the inactivity fee is €0, so nothing is charged for keeping the account open. The minimum deposit is €0, so a small first transfer is enough to start dealing.

What does it cost to buy shares?+

The stock trade fee is a flat €2 per deal rather than a percentage, so a small trade costs about as much as a large one. Options carry their own charge of $0.65, which is added on top whenever options are traded.

How does currency conversion work on this broker?+

Converting between currencies carries an FX fee of 0.005%. That applies whenever holdings are bought or sold in a currency other than the account base, so US dollar shares traded in euro add this cost to the deal itself.

What does it cost to withdraw money?+

Taking money out costs EUR 7 per withdrawal, a flat charge applied per withdrawal rather than a share of the amount. Readers who move cash regularly can weigh that against how often they actually need the funds outside the account.

Is Freedom24 regulated and is my money protected?+

Freedom24 is regulated by CySEC under licence 275/15, the Cyprus regulator. Investor protection is set at EU ICS up to EUR 20,000, which caps the amount that can be claimed if the firm fails and cannot return client money.

What can I actually trade?+

The markets list covers stocks, etfs and options. Options and mobile app access are listed among the features, so shares, ETFs, bonds and options can all sit in the same account rather than being spread across separate platforms.

Which platforms are available?+

Platforms listed are Freedom24 App and Freedom24 Web. Having both an app and a browser version means orders can be placed from either, and the mobile app is named again among the features, so the same account works on a phone and on a desktop.

Who is Freedom24 suited to?+

Freedom24 suits investors who buy shares and ETFs a few times a month and want no monthly charge, given the €0 account fee and €0 minimum deposit. Regular traders who need percentage pricing may find a flat €2 per deal less useful.

Sources

Compiled from 8 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Retail accounts that lose money.

Freedom24

Freedom24

Self-directed stock and ETF investors who trade less often and want no monthly account charge.

8.9/10See alternatives