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Freedom 24

Cyprus|5-10 years|
Regulated in Cyprus|Market Making(MM)|Suspicious Scope of Business|Medium potential risk|


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+357 25 25 77 85
Christaki Kranou 20, C Tower, 5th Floor, Germasogeia, Limassol 4041 Cyprus


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Contact number


+357 25 25 77 85

Broker Information


Company Name

Freedom Finance Europe Ltd

Company Abbreviation

Freedom 24

Platform registered country and region


Company website

Pyramid scheme complaint


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Previous Detection : 2024-04-17
  • The current information shows that this broker does not have a trading software. Please be aware!

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Freedom 24 · Company Summary

Aspect Information
Company Name Freedom 24
Registered Country/Area Cyprus
Regulation Cyprus Securities and Exchange Commission (CSEC)
Market Instruments Stocks, ETFs, Options
Account Types All Inclusive, Smart, Fix, Super
Spreads Starting from 0.008€/$ per share
Trading Platforms Web platform, Mobile apps
Customer Support Phone, Email(, Physical Address
Deposit & Withdrawal Bank Transfer, Credit Cards

Overview of Freedom 24

Freedom 24, headquartered in Cyprus, operates under the Cyprus Securities and Exchange Commission (CSEC) regulation, offering diverse market instruments like stocks, ETFs, and options. The platform accommodates various investors with account plans ranging from 'All Inclusive' to 'Super', each with variable spreads starting at 0.008€/$ per share. Traders can utilize Freedom 24's web platform or mobile apps for their transactions. Customer support is accessible via phone, email, or at their physical office. For fund management, the platform accepts deposits and withdrawals through bank transfers and credit cards.

Overview of Freedom 24

Is Freedom 24 legit or a scam?

Freedom 24, operated by Freedom Finance Europe Ltd, is regulated by the Cyprus Securities and Exchange Commission with the license number 275/15, effective since May 20, 2015. This regulation status, with a focus on Market Making (MM), plays a crucial role in providing traders on the platform with a sense of security and trust. Being regulated by a reputable authority ensures that Freedom 24 adheres to specific financial standards and practices, enhancing the reliability and credibility of the platform for its users.

Is Freedom 24 legit or a scam?

Pros and Cons

Pros Cons
1000 + instruments Complex fee structure
Multiple account plans High monthly fee for premium account
Regulated by CSEC Limited customer service
Advanced trading platforms Limited withdrawal options


  1. 1000+ Instruments: Offers a broad range of over 1000 financial instruments for trading.

  2. Multiple Account Plans: A variety of account plans serve different trading needs and strategies.

  3. Regulated by CSEC: Provides a regulated trading environment, ensuring compliance with financial laws.

  4. Advanced Trading Platforms: Features sophisticated platforms that support a range of trading activities.


  1. Complex Fee Structure: Charges can be intricate, requiring close attention to understand fully.

  2. High Monthly Fee for Premium Account: The top-tier account plan comes with a significant monthly cost.

  3. Limited Customer Service: Customer support has constraints, potentially affecting resolution times.

  4. Limited Withdrawal Options: Fewer choices for fund withdrawals restrict flexibility for traders.

Market Instruments

Freedom 24 offers trading in stocks and ETFs on major US, European, and Asian stock exchanges. Their portfolio includes a wide range of assets, including blue chips, start-ups, and companies from sectors like tech and the automotive industry.

The platform enables diverse trading strategies, from long-term investments in growth stocks to short trading using borrowed funds. Freedom 24 also provides access to over 1,500 ETFs, allowing investment in entire industries with a single transaction, including major ETFs from iShares, Vanguard, and BlackRock.

Market Instruments

Account Types

Freedom 24 offers various service plans suitable for different user groups:

  1. All Inclusive (USD): Ideal for users seeking comprehensive services, including personal manager support and investment offers, without monthly fees.

  2. Smart (EUR): Suitable for traders with small volumes, offering standard fees without a subscription fee.

  3. Fix (EUR): This plan, with a €10/month fee, offers lower commissions and is preferable for users looking for consistent trading costs.

  4. Super (EUR): With a €200/month fee, this plan is best for active traders engaging in many trades, offering maximum benefits through reduced commissions.

Service Plan Monthly Fee Stocks and ETFs Commission (US/Europe) Stocks and ETFs Commission (Asia) USA Stock Options Margin Lending SMS Notification Personal Manager
All Inclusive (USD) $0 0.5% + $0.012 per share + $1.2 per order 0.25% + 10HK$ per order $3 per contract + $10 per order 12% $0 Not available
Smart (EUR) €0 0.02€/$ per share + 2€/$ per order 0.25% + 10HK$ per order $0.65 per contract + $0 per order 12% 0.05€ Not available
Fix (EUR) €10 0.012€/$ per share + 1.2€/$ per order 0.25% + 10HK$ per order $0.65 per contract + $0 per order 12% 0.03€ Not available
Super (EUR) €200 0.008€/$ per share + 1.2€/$ per order 0.25% + 10HK$ per order $0.65 per contract + $0 per order 12% $0 Available
Account Types

How to Open an Account?

To open an account with Freedom 24, follow these steps:

  1. Visit the Freedom 24 website and navigate to the 'Sign Up' section.

  2. Fill out the registration form with your personal details.

  3. Complete the necessary identity verification process.

  4. Provide financial information and investment experience details.

  5. Review and agree to the terms and conditions of the service.

  6. Submit the application and wait for approval and account activation.

How to Open an Account?

Spreads & Commissions

Freedom 24's fee structure varies across different account types for diverse trading needs and volumes. The 'All Inclusive' plan, with no monthly fee, charges 0.5% + $0.012 per share for stocks and ETFs in US/Europe, and $3 per contract for US stock options. The 'Smart' and 'Fix' plans, ideal for traders with lower volumes, offer lower commissions per share and per order. The 'Super' plan, at €200/month, is tailored for active traders, providing the lowest per-share and per-order fees. This tiered structure allows users to select a plan that aligns with their trading frequency and strategy.

Trading Platform

Freedom 24's trading platform integrates various features for a convenient trading experience. The web platform and mobile apps provide up-to-date account information, analytical tools, and a powerful trading system. This setup facilitates the execution of different types of stock exchange orders, including limit and stop orders. The platform is designed to be user-friendly, offering traders the necessary resources for successful investments at their fingertips.

Trading Platform

Deposit & Withdrawal

Freedom 24 offers multiple payment methods for funding trading accounts. Clients can make deposits using major credit cards such as Mastercard and Visa. Additionally, bank transfers are accepted, providing a secure option for transferring larger sums directly from a client's bank account. These methods offer both convenience and security to suit a variety of user preferences.

Deposit & Withdrawal

Customer Support

Freedom 24 provides customer support from their European head office in Cyprus. Clients can reach out via phone at +357 25 25 77 85 during business hours from Monday to Friday, 09:00 - 21:00 UTC+2. Inquiries can also be sent to, and additional information is available on their website at The support team is available to assist with a range of queries related to their services.

Customer Support


Freedom 24 provides a comprehensive range of over 1000 trading instruments and multiple account plans to suit various investor needs. It operates within a regulated framework set by the Cyprus Securities and Exchange Commission, ensuring a secure trading environment.

However, users must navigate a complex fee structure, and those opting for premium accounts face higher monthly fees. Customer support and withdrawal options are more limited, which could be a consideration for potential clients assessing the platform's suitability for their trading strategies.


Q: What trading instruments does Freedom 24 offer?

A: Freedom 24 offers over 1000 instruments including stocks, ETFs, and options across major global markets.

Q: Are there different account plans available with Freedom 24?

A: Yes, Freedom 24 provides multiple account plans tailored to individual trading preferences and volumes.

Q: Is Freedom 24 regulated?

A: Yes, Freedom 24 is regulated by the Cyprus Securities and Exchange Commission (CSEC).

Q: What platforms are available for trading on Freedom 24?

A: Freedom 24 offers advanced web and mobile trading platforms.

Q: What is the fee structure like at Freedom 24?

A: Freedom 24 has a complex fee structure with different rates depending on the account plan and trading volume.

Q: Can I withdraw my funds easily from Freedom 24?

A: Withdrawal options are limited and do not offer the same flexibility as other platforms.

User Reviews

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Serj Lee
more than one year
I made a withdrawal and it took more days than normal. When i sent an email asking for the reason. I was told my withdrawal was sent on review, as to what was being reviewed i still dont know. But atleast the withdrawal was successful.
2024-03-27 16:45
more than one year
The website design is simple and clear, user-friendly, and seems very safe to use. Transparent fees, low spreads, and real-time chat are available. It is a mentor for beginner traders.
2024-02-23 11:11
more than one year
I'm a newbie in trading and have zero experience. I appreciate Freedom 24 for their excellent support. They've been really patient, taking the time to explain things to me in detail. The website provides abundant information, which is helpful for someone like me. Currently, I'm learning to trade on a Metatrader 4 demo account, and everything is quite convenient. I'm enjoying the learning process.
2024-01-03 17:36
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