About FREEDOM 24
Who Is Freedom 24?
Freedom 24 is a Cyprus-based brokerage brand operated by Freedom Finance Europe Ltd. Founded in March 2022, the firm positions itself as a multi-asset investment platform offering direct access to global stock exchanges. Its headquarters are located in Limassol, Cyprus, a common hub for EU-regulated financial services firms.
Despite being a relatively young entity, the group behind Freedom 24 has a longer history in the CIS region, and the European arm was established specifically to serve EU clients under MiFID II rules. The brand promotes a user-friendly experience through its proprietary web platform and mobile apps, aiming to attract both retail and sophisticated investors looking for cross-border equity trading.
Regulation and Legal Structure
Freedom Finance Europe Ltd is authorised and supervised by the Cyprus Securities and Exchange Commission (CySEC) under license number 275/15. The license type is Market Making, which allows the firm to deal on its own account and to execute orders on behalf of clients.
As a CySEC-regulated entity, the broker is required to comply with the European Union’s Markets in Financial Instruments Directive (MiFID II), including strict rules on client fund segregation, best execution, and transparency. Cyprus Investment Firms are also members of the Investor Compensation Fund (ICF), which provides coverage of up to €20,000 per eligible client in the event of the firm’s insolvency.
Account Types and Pricing
Freedom 24 offers a tiered account structure, typically ranging from an ‘All Inclusive’ plan aimed at casual investors up to ‘Super’ accounts for higher-volume traders. Details of each tier, such as minimum deposits and exact pricing, are not publicly standardised and may vary by region or promotional period.
The broker advertises highly competitive spreads on US stocks, quoting rates from as low as €0.008 per share, though the exact cost depends on the account tier selected. Additional fees, such as monthly inactivity charges or withdrawal flat fees, are referenced in the firm’s documentation but are not always prominently displayed.
Instrument Coverage and Platforms
The platform provides access to a wide range of instruments, primarily equities and ETFs listed on major exchanges in the United States, Europe, and Asia. Options trading is also available for eligible accounts. The single-terminal design allows users to build a diversified portfolio without needing multiple broker accounts.
Trading is conducted through the Freedom 24 web-based platform and dedicated mobile applications for iOS and Android. The interface is designed to be intuitive, featuring real-time quotes, basic charting, and news feeds designed to keep investors informed.
Deposits, Withdrawals, and Support
Funding is processed exclusively via bank transfer; no e-wallet or credit card options are listed. The broker states that deposits are typically credited within one to two business days, while withdrawal processing can take up to three working days, subject to verification.
Customer support is available through live chat, email, and telephone, as well as a physical office in Limassol. The firm promotes a client-centric approach with multi-lingual assistance, though user feedback suggests response quality can be inconsistent.
Who Is Freedom 24 For?
Freedom 24 is targeted at investors who want direct market access to international equities and ETFs, particularly those comfortable with a CySEC-regulated environment. It may appeal to buy-and-hold investors who value a clean interface and the ability to trade across multiple exchanges from a single account.
However, the platform’s fee structure and occasional withdrawal delays mean it may not be suitable for active traders, scalpers, or those who depend on instantaneous execution and frequent withdrawals. New investors should carefully review the total cost of ownership, including hidden fees, before committing capital.
Overview compiled by FXCanary from regulatory records and public data. full FREEDOM 24 review