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

Freedom24's brokerage offering is fairly conventional. Retail clients can invest in the financial markets mainly through shares and bonds, whether directly or via ETFs, as well as a few derivatives such as options and futures. The real strength of the offering lies in the huge number of assets available — more than one million — spread across 15 different stock exchanges.

Clients have direct access to major exchanges in the United States, Europe and Asia, including less common markets such as Hong Kong and Kazakhstan. They benefit from true ownership of securities (shares, bonds, ETFs, US options), can invest in bonds from as little as €1,000, and receive free weekly investment ideas tailored to their profile.

Here is a non-exhaustive list of the financial instruments offered by Freedom24:

• Shares:
  40000 shares
• Crypto:
  No
• Forex:
  No
• CFD:
  No
• ETF:
  3600 ETFs

Freedom24 currently offers three pricing approaches for investing in shares and ETFs. Eligible new clients can take advantage of a promotional offer allowing them to invest with 0% commission for 12 months or up to 240 trades on selected shares and ETFs.

Apart from this promotion, the broker offers two main pricing plans: Smart and All Inclusive.

• The first, called "Smart", works on a per-order basis. On European and US markets for shares and ETFs, the fee is generally €2 per order plus €0.02 per share.
• The "All Inclusive" plan gives you access to a personal adviser to support you in managing your investments. For that reason, this plan involves higher transaction costs, namely €1.20 per order, €0.012 per share, as well as 0.5% of the transaction amount.

This per-share pricing structure is competitive and attractive for transactions above €5,000, compared with the average fees charged by online brokers.

Below is an overview of the main fees charged by Freedom24 for buying and selling shares and ETFs.

Freedom24 has its own proprietary platform. It is well designed overall, and the dashboard makes it easy to move between different markets and select the instruments you want to buy. A chart lets you view the composition of your portfolio and track its performance over time. You will also find company factsheets and news updates. Traders can also make use of various technical indicators and a wide range of charts.

The broker offers the Freedom24 mobile app, compatible with iOS and Android. It allows users to save and invest in a simple, user-friendly way. You can follow financial market news and manage your portfolio in real time. The features are comprehensive and effective, and users can also browse investment ideas. The app delivers a pleasant user experience and makes placing orders straightforward.

Freedom24 is a trustworthy broker whose activities are regulated by CySEC. The broker also complies with MiFID II regulations, which protect investors, and is a member of AFME (Association for Financial Markets in Europe). As such, it offers solid safeguards in terms of reliability and the protection of client funds.