Freedom24 provides access to 15+ global stock exchanges under CySEC regulation, featuring multi-currency accounts and uninvested cash interest for European investors.
Written by StockEmber Team · Updated Oct 7, 2026
Researched with AI assistance and verified by our editors
Freedom24 combines access to 15+ global stock exchanges under CySEC regulation with multi-currency accounts, though fixed withdrawal fees require planning.
Founded in 2008, Freedom24 operates as the retail brokerage brand of Freedom Finance Europe Ltd, a Cyprus-based investment firm regulated by CySEC. Its parent company, Freedom Holding Corp., is publicly traded on NASDAQ under ticker FRHC.
Licensed & regulated
CySEC
Money protected
€20k ICF · €20k ICF · €20k ICF · €20k ICF
You own the shares
Nominee
Track record
18 yrs · Public (FRHC)
CY · ICF
€20k
DE · ICF
€20k
ES · ICF
€20k
FR · ICF
€20k
Commission
2 USD/EUR per order + 0.02 USD/EUR per share
Account minimum
0
Est. 10-year cost
~$403
Markets
Stocks · ETFs · Bonds · Futures
Fractional
Real owner not transferable
Tax wrappers
Not stated
Best for European investors seeking access to US and EU stocks, UCITS ETFs, and uninvested cash interest in EUR and USD.
US residents or investors requiring direct registration of shares in their own name.
CySEC regulation and NASDAQ-listed parent entity (FRHC) provide clear corporate transparency for European investors.
Freedom24 operates under Freedom Finance Europe Ltd, regulated by the Cyprus Securities and Exchange Commission (CySEC) under license 275/15. Clients benefit from the Cyprus Investor Compensation Fund (ICF), which protects eligible deposits up to €20,000 in the event of firm insolvency.
The broker's ultimate parent company, Freedom Holding Corp., is publicly traded on NASDAQ under the ticker FRHC. This public listing requires regular audited financial disclosures and regulatory reporting with the US SEC, offering a layer of corporate visibility. You can check each licence yourself on the CySEC Register before opening an account.
Client assets are held under a nominee arrangement with institutional sub-custodians including Euroclear and Bank of New York Mellon.
Securities purchased through Freedom24 are held in pooled nominee accounts managed by Freedom Finance Europe Ltd. Institutional sub-custodians, such as Euroclear and Bank of New York Mellon, handle the physical safekeeping of international equities and ETFs.
While beneficial ownership remains with the investor, shares cannot be registered directly in your individual name on company registers. Transferring positions out to another broker is supported in-specie, but carries a fee starting at €100 per security line item.
Low per-trade commissions starting at 2 USD/EUR plus 0.02 USD/EUR per share, offset by currency conversion fees and wire withdrawal costs.
Freedom24 applies a transaction fee structure on its standard Smart plan consisting of 2 USD/EUR per order plus 0.02 USD/EUR per share. For a typical $300 monthly ETF purchase of 6 shares, the transaction cost equates to roughly $2.12, representing about 0.71% of the trade value.
Currency exchange between EUR and USD incurs a markup of approximately 0.45% to 0.50%. Over a ten-year investment horizon following our model of $10,000 initially plus $300 monthly, total cumulative trading commissions amount to approximately $257 USD, while currency conversion fees add roughly $230 USD.
Broad market access spanning 15+ major global exchanges across the US, Europe, and Asia with over 40,000 stocks and ETFs.
Freedom24 provides trading access to major international stock exchanges including NASDAQ, NYSE, LSE, Deutsche Börse, and HKEX. Investors can trade over 40,000 equities, UCITS ETFs, corporate bonds, and futures contracts from a single trading terminal.
Multi-currency account functionality allows clients to hold cash balances in EUR and USD simultaneously. This reduces unnecessary currency conversion when trading US-listed assets from Europe.
Proprietary web terminal and mobile app deliver reliable charting, order execution, and multi-currency portfolio tracking.
Freedom24 operates its own proprietary trading platform available on web browsers and mobile devices (iOS and Android). The interface offers full feature parity between web and mobile versions, enabling order execution, real-time portfolio valuation, and document downloads.
Direct order routing under EU MiFID II best-execution mandates without payment for order flow (PFOF).
Freedom24 routes client orders directly to trading venues in compliance with EU MiFID II requirements. Under European financial regulations, payment for order flow (PFOF) is strictly prohibited, ensuring that order execution is not compromised by venue rebates.
Supported order types include Market, Limit, Stop, and Stop-Limit orders. Pre-market and post-market trading sessions are accessible for major US exchanges, allowing flexibility around earnings releases and global market events.
Individual and joint trading accounts support standard tax reporting and W-8BEN treaty processing for US dividends.
Freedom24 primarily offers individual and joint trading accounts for retail clients across Europe. The broker automatically handles US tax treaty processing via electronic W-8BEN documentation, reducing withholding tax on US stock dividends from 30% to 15% for eligible tax residents.
Local tax-advantaged account structures (such as UK ISAs or French PEAs) are not provided directly by the Cyprus entity. Consolidated annual tax reports and transaction statements are generated automatically in CSV and PDF formats for local tax filing.
Multi-currency funding via SEPA bank transfers and bank cards with zero minimum deposit requirements.
Account funding at Freedom24 is available through SEPA bank transfers, wire transfers, and credit or debit card payments. Card deposits incur a processing fee of approximately 2%, while SEPA bank transfers are free of charge on the incoming side.
Withdrawals processed via bank wire carry a fixed fee of €7 per transaction and typically clear within 1 to 3 business days. Multi-currency balances allow clients to maintain separate EUR and USD wallets without forced conversions.
In-house equity research reports and stock ideas accompany basic financial data and beginner educational materials.
Freedom24 publishes regular in-house market analysis, investment ideas, and stock research articles directly within the platform. These reports analyze individual company fundamentals, quarterly earnings, and broader macroeconomic trends.
While comprehensive third-party research feeds (like Morningstar or Refinitiv) are not integrated, fundamental financial metrics including P/E ratios, revenue growth, and balance sheet summaries are accessible for individual stocks.
Multi-lingual customer support provided 24/5 via live chat, email, and phone across major European languages.
Customer support at Freedom24 operates 24 hours a day on business days through live chat, email, and phone channels. Support agents handle inquiries in English, German, French, Spanish, Polish, and Russian.
Response times via live chat generally range from a few minutes to an hour during market operating hours, while email requests clear within 1 to 2 business days. Formal complaints can be escalated through CySEC or the Financial Ombudsman of Cyprus.
Freedom24 serves residents across the European Union and European Economic Area (EEA), alongside select non-EU jurisdictions. Accounts are not available to residents or tax citizens of the United States.
Freedom24 stands out as a viable choice for European investors seeking broad global exchange access backed by a NASDAQ-listed parent entity. Its per-trade commissions remain competitive for long-term equity and ETF holders, while daily cash interest adds value for uninvested funds. Investors should account for the €7 withdrawal fee and nominee custody structure when evaluating their long-term setup.
Freedom24 fits European buy-and-hold investors who prioritize multi-market access, multi-currency wallets, and uninvested cash yields. If you plan to make regular monthly purchases of US stocks or UCITS ETFs, low transaction fees keep total holding costs low, provided you fund via free SEPA transfers rather than bank cards.
Freedom24 is owned and operated by Freedom Finance Europe Ltd, which is a subsidiary of Freedom Holding Corp. Freedom Holding Corp. is a publicly traded financial services company listed on the NASDAQ stock exchange under ticker symbol FRHC.
Client funds at Freedom24 are segregated from company operational capital in accordance with CySEC regulations. Eligible retail client cash and securities are protected up to €20,000 by the Cyprus Investor Compensation Fund (ICF) in the event of firm insolvency.
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Bottom line: Freedom24 delivers solid corporate transparency through its NASDAQ-listed parent, backed by CySEC regulatory oversight and standard €20,000 ICF protection.
“Freedom24 combines EU MiFID regulatory compliance with the public reporting standards of a NASDAQ-listed parent.”
Bottom line: Freedom24 utilizes reputable global custodians for share safekeeping under a standard pooled nominee structure.
“Asset safekeeping relies on established depositories like Euroclear, though nominee holding prevents direct shareholder registration.”
What you will pay over 10 years
~$403over 10 years
Commission drag
~$173
$1.43 × 121 buys
Custody + annual fee
~$0
no fee charged
FX conversion
~$230
0.5% × $46,000
Total
~$403
Buying $300 of an ETF monthly yields approximately $2.12 in transaction fees per trade, totaling $257 over ten years. Currency exchange adds around $230 over a decade, bringing total estimated 10-year holding costs to approximately $487 USD.
Bottom line: Freedom24 maintains affordable per-trade fees for long-term holders, though currency conversion and withdrawal fees require consideration.
“Low per-trade commissions keep total holding costs reasonable, though FX fees represent the main long-term expense.”
Bottom line: Freedom24 offers wide-ranging market access for European investors seeking exposure to global stocks and UCITS ETFs.
“Access to over 40,000 instruments across US, European, and Asian exchanges covers all core asset allocation needs.”
Charting tools include technical indicators, customizable watchlists, and basic fundamental security overviews. While advanced algorithmic trading tools are limited, the platform fully supports long-term buy-and-hold portfolio management.
Bottom line: Freedom24 delivers a straightforward and functional trading platform suitable for managing multi-currency long-term portfolios.
“The web and mobile platforms provide intuitive portfolio management and multi-currency order handling.”
Bottom line: Freedom24 provides clean, MiFID II-compliant order execution free from PFOF conflicts of interest.
“EU regulation ensures order routing prioritizes client execution quality without PFOF distortions.”
Bottom line: Freedom24 covers core account needs with effective US dividend tax treaty handling, though specialized national tax wrappers are absent.
“W-8BEN processing ensures efficient US dividend tax rates, while annual reports simplify local tax reporting.”
Bottom line: Freedom24 provides flexible multi-currency deposit options, with free incoming SEPA transfers balancing out the fixed €7 withdrawal charge.
“SEPA transfer integration allows cost-effective funding, though the €7 withdrawal fee favors larger batch cash transfers.”
Bottom line: Freedom24 offers useful internal investment ideas alongside standard fundamental stock metrics for retail investors.
“In-house research updates provide helpful stock ideas, though serious fundamental analysts may need external research tools.”
Bottom line: Freedom24 delivers responsive multi-lingual customer support across multiple channels throughout the trading week.
“Multi-lingual coverage across phone and live chat ensures accessible client support during European and US market hours.”
Freedom24 does not charge monthly account maintenance fees or custody charges on its standard Smart tariff plan. Investors pay per-trade commissions when buying or selling securities alongside fixed withdrawal fees.
Bank wire withdrawals from Freedom24 typically take 1 to 2 business days to arrive in your bank account. Outgoing bank transfers carry a fixed processing fee of €7 per transaction.
