Freedom24 Review 2026: Our Complete Analysis
Trading involves risk of capital loss.
Last updated: January 2026 | view the full broker profile
This Freedom24 review covers everything retail investors in Europe and beyond need to know before opening an account. Freedom24 is the European brand of Freedom Holding Corp (Nasdaq: FRHC), a publicly listed group offering access to 15 global stock exchanges and over 40,000 tradable instruments. If you are a European investor looking for broad market access beyond the usual CFD broker fare, this review of Freedom24 breaks down whether it delivers.
About Freedom24
Freedom24 operates under the legal entity Freedom Finance Europe Ltd, headquartered in Limassol, Cyprus. The parent company, Freedom Holding Corp, has been listed on the Nasdaq (ticker: FRHC) since 2019, which provides a level of financial transparency unusual for retail brokers.
Founded in 2008, Freedom24 now serves over 550,000 clients across the EU, UK, Switzerland, and Liechtenstein. The platform supports 11 languages including English, French, German, Spanish, and Chinese, with offices in Paris, Berlin, Madrid, Warsaw, Athens, and Almaty.
Its core proposition is stock market investing — not leveraged CFD trading. The broker targets European investors who want direct access to global equities across a wide range of international exchanges.
Regulation and Fund Security
Trading involves risk of capital loss.
Freedom24 is regulated by CySEC (Cyprus Securities and Exchange Commission) under license 275/15, with EU passport rights covering most European member states.
| Regulator | Country | License | Type |
|---|---|---|---|
| CySEC | Cyprus | 275/15 | Full investment firm |
Client funds are held in segregated accounts. The broker participates in the EU Investor Compensation Fund (ICF), which covers up to 20,000 EUR per client in the event of insolvency.
Negative balance protection is in place. Given that the parent company is Nasdaq-listed and subject to US SEC reporting requirements, the level of corporate transparency is notably higher than most Cyprus-based brokers. That said, the group's origins include a Russian subsidiary that faced US sanctions in 2023 — a point worth noting for risk-conscious investors.
Trading Conditions
Freedom24 is a cash equity broker, not a CFD or forex broker. There is no leverage for retail clients (leverage up to 1:3 is available for eligible professional clients on certain instruments). All trades are executed directly on the underlying exchange.
Commission Structure
| Account | Commission (US equities) | Min. Commission | Min. Deposit |
|---|---|---|---|
| Standard | 0.02 USD per share | 2.00 USD | None |
There are no spreads in the CFD sense — you trade at market prices with a fixed commission. The minimum trade size is 1 full share; fractional shares are not available.
Trading Platforms
Freedom24 offers three platforms:
- Freedom24 Web — browser-based platform, accessible on desktop and mobile browsers
- Freedom24 App — dedicated mobile application (iOS and Android)
- Tradernet — proprietary platform available on web, desktop, and mobile; designed for more active traders
Tradernet is the most feature-rich option, offering stock screeners, price alerts, charting tools, and access to Freedom Finance research. Automated trading (Expert Advisors) is not supported. Trailing stops are available; guaranteed stops are not.
The platforms are clean and functional rather than cutting-edge. Tradernet handles the analytical workload reasonably well, but dedicated active traders used to Bloomberg-level tooling may find it basic.
Tradable Instruments
Freedom24's instrument range is built around equities and fixed income, not derivatives.
| Asset Class | Availability |
|---|---|
| Stocks (NYSE, NASDAQ, LSE, Xetra, Euronext, ASX, HKEX, etc.) | 40,000+ |
| ETFs | 1,500+ |
| Bonds | 1,000+ |
| US Options | Available |
| Forex / CFDs | Not available |
| Crypto | Not available |
| Commodities | Not available |
| Futures | Not available |
Options are complex financial instruments. Trading options involves high risks and is not suitable for all investors. Access to complex instruments depends on the result of an appropriateness test.
Deposits and Withdrawals
Trading involves risk of capital loss.
The minimum deposit is 0 EUR/USD, which removes a common barrier to entry.
Deposit Methods
- SEPA bank transfer
- Bank card
- Apple Pay
- Google Pay
Withdrawal Methods
| Method | Fee | Processing Time |
|---|---|---|
| SEPA transfer | 7 EUR | 1-3 business days |
| Bank card | Variable | 1-5 business days |
There is no inactivity fee. A flat 7 EUR fee applies to withdrawals, which is a minor irritant for investors who make regular small withdrawals, but it should not concern long-term investors.
Customer Support and Education
Support is available Monday to Friday, 09:00–23:00 CET, via live chat, email, and telephone. Eleven languages are supported, which is genuinely broad for a European broker.
The educational offering includes:
- Demo account
- eBooks
- Video content
- Webinars
The research and education quality is adequate for intermediate investors. Freedom Finance publishes its own market analysis, and the stock screener provides basic filtering tools. It is not a platform built for absolute beginners who need extensive hand-holding, but it covers the essentials.
Pros and Cons
Pros
- CySEC-regulated with EU ICF compensation up to 20,000 EUR
- Parent company listed on Nasdaq (FRHC) — higher transparency than typical offshore brokers
- 40,000+ instruments across 15 global exchanges
- Multilingual support in 11 languages
Cons
- No CFDs, no forex, no crypto trading
- No fractional shares — minimum 1 full share per trade
- Flat 7 EUR fee on withdrawals
- Group has a controversial history (Kazakh origins, US sanctions against Russian subsidiary in 2023)
- US commission of 0.02 USD/share (min. 2 USD) is standard but not the cheapest available
- Not available to residents of Belgium
FAQ
Is Freedom24 safe and regulated? Freedom24 is regulated by CySEC (license 275/15). Client funds are segregated and protected by the EU Investor Compensation Fund up to 20,000 EUR.
Can I trade forex or CFDs on Freedom24? No. Freedom24 is a cash equity broker. It does not offer forex, CFDs, crypto, commodities, or futures. If you need leveraged products, you will need a different broker.
What makes Freedom24 different from other brokers? The primary differentiator is direct access to 15 global stock exchanges and over 40,000 tradable instruments, combined with the transparency of a Nasdaq-listed parent company — a structure not commonly found among European retail brokers.
What are the fees at Freedom24? For US equities, the commission is 0.02 USD per share with a minimum of 2 USD per trade. There is no inactivity fee. A flat 7 EUR fee applies to withdrawals.
Who is Freedom24 best suited for? Freedom24 suits European investors seeking broad global equity access across 15 exchanges without the complexity of leveraged CFD trading. It is not suited for active traders seeking leveraged instruments.
Verdict
Freedom24 reviewed in 2026 presents a compelling case for a specific type of investor: the European equity investor who wants genuine access to global stock markets. The Nasdaq-listed parent company and CySEC regulation give it a credibility level above many European retail brokers.
However, it is not a universal broker. The absence of CFDs, forex, crypto, and fractional shares means it serves a narrower audience. The sanctions-related controversy surrounding the parent group's Russian operations is worth monitoring, even if the European entity operates independently.
Final Score: 7/10
A solid, well-regulated equity broker with broad access to 40,000+ instruments across 15 global exchanges. Recommended for long-term European equity investors, not for active or leveraged traders.
Article by the Analyse Trading team (@analysetrading) · Updated 01/2026 · view the full broker profile
Disclaimer: Trading involves high risk of capital loss. This article is for informational purposes only and does not constitute investment advice.
