Freedom24 review: What you need to know before signing up.

Freedom24’s brokerage offer is fairly standard for retail clients looking to invest in financial markets, primarily through shares and bonds (held directly) and ETFs, alongside a few derivatives such as options and futures. A major strength is its wide selection of assets, exceeding one million instruments across 15 different stock exchanges.

Freedom24 also provides a remunerated “D-account” where any uninvested cash can earn interest, with no limitations: an annual return of 4.33% for US dollars and 2.74% for euros. This applies automatically to all clients after opening a trading account.

Here is a list of the financial instruments available with Freedom24:

• Shares:
  40000
• Crypto:
  No
• Forex:
  No
• CFD:
  No
• ETF:
  1500 ETFs

Freedom24 offers two pricing plans: the “Smart” plan and the “All inclusive” plan.

• The first, called “Smart”, charges you on a per-order basis, which varies by target market. On European and US markets, for shares and ETFs, the fee is 2 euros fixed per buy/sell order, plus 2 cents per share.
• The “All inclusive” plan gives you access to a personal advisor who assists with managing your investments. Consequently, it involves higher trading fees: 1.20 euros per order plus 1.2 cents per share and 0.5% of the transaction value.

This share-volume-based pricing is quite appealing compared to the typical rates charged by UK-based brokers, particularly for trades over 5,000 euros.

• Per-share commission:
  £0,02
• Cost per share:
  £2
• Direct share purchase:
  Yes
• CFD on shares:
  No

• Number of ETFs:
  1500
• Minimum ETF spread:
  £0,02
• CFD on ETFs:
  No
• Direct ETF purchase:
  Yes

Freedom24 has its own proprietary platform. It is well designed, with a dashboard that allows you to explore different markets and select the instruments you want to purchase. A chart shows your portfolio structure and performance, along with company profiles and the latest news. Traders also have access to various technical indicators and multiple chart types.

The broker provides the Freedom24 mobile app, compatible with both iOS and Android. It allows for straightforward saving and investing. You can monitor financial market updates and manage your portfolio in real time. The features are comprehensive and effective, and you can also view investment ideas. The navigation experience is pleasant, enabling users to place trades with ease.

Freedom24 is a trustworthy broker supervised by CySEC. Additionally, the broker complies with MiFID II investor protections and is a member of AFME (Association for Financial Markets in Europe). Consequently, it provides the necessary safeguards to protect investors and their funds.