{"id":277593,"date":"2026-10-16T07:48:15","date_gmt":"2026-10-16T07:48:15","guid":{"rendered":"https:\/\/northern.finance\/unkategorisiert\/my-freedom24-experiences-in-2024-is-the-broker-reputable\/"},"modified":"2026-10-16T09:57:16","modified_gmt":"2026-10-16T09:57:16","slug":"freedom24","status":"publish","type":"post","link":"https:\/\/northern.finance\/en\/review\/freedom24\/","title":{"rendered":"My Freedom24 review in 2026: Is the broker reputable?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Can this dynamic broker really compete with Germany\u2019s low-cost giants?<\/strong> If you&#8217;re searching for a platform that offers a wide range of investment options, competitive fees, and a surprisingly user-friendly experience, Freedom24 might just catch your attention. In this <strong>Freedom24 review<\/strong>, we take a closer look at what sets this broker apart &#8211; and whether it&#8217;s truly as good as it sounds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Based on my personal experience, I&#8217;ll walk you through <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">costs, available products, customer service, platform usability<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> , and most importantly, whether Freedom24 is a <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">trustworthy and reliable choice<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> for investors in Europe and beyond.<\/font><\/font><\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen\">\n<div class=\"wp-block-group__inner-container\">\n<p class=\"nf-boxen-p-gut-zu-wissen\"><strong>In brief:<\/strong><\/p>\n<ul class=\"infobox-ul\">\n<li class=\"infobox-li\">The new broker impresses with its huge selection, good service and fair prices. My Freedom24 experience has been predominantly positive so far <\/li>\n<li class=\"infobox-li\">Freedom24 repeatedly offers bonus programs with free shares for new and existing customers  <\/li>\n<li class=\"infobox-li\">Access to 3,600 ETFs, including covered call ETFs with annual returns of up to 12%, which few other brokers offer<\/li>\n<\/ul>\n<\/div><\/div><\/div>\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/B7-eGAvSAKU?si=2e9OZQLRApybe8iW\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading\">Freedom24 review: who is this broker and what do they offer?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">The German brokerage market has always followed a clear structure: on one side, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">neo-brokers<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> attract investors with low fees but often fall short in customer support. On the other side, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">traditional banks and financial institutions<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> provide reliable service, but their <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">high fees eat into profits<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> . <\/font><\/font><br><br><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 is breaking this mold<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> . Although the broker has been operating internationally for over 15 years, it has only recently entered the German market. With its arrival, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 introduces a unique mix of low costs, wide product availability, and strong customer service<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> &#8211; a rare combination in the current landscape.<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As this <strong>Freedom24 broker review<\/strong> shows, the platform blends two qualities that typically don\u2019t coexist. That\u2019s thanks to its history: launched as Kazakhstan&#8217;s first fully online broker, it quickly expanded across <strong>Eastern Europe and Asia<\/strong>, building a solid international foundation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, <strong>Freedom Holding Corp.<\/strong>, the parent company, is headquartered in Cyprus and listed on the <strong>NASDAQ<\/strong> in the U.S. The company has experienced rapid growth &#8211; its share price has surged more than <strong>550x since 2017<\/strong> &#8211; positioning it as a rising player in global finance.<\/p>\n\n\n\n<!-- TradingView Widget BEGIN -->\n<div class=\"tradingview-widget-container\">\n  <div class=\"tradingview-widget-container__widget\"><\/div>\n  <div class=\"tradingview-widget-copyright\"><a href=\"https:\/\/de.tradingview.com\/\" rel=\"noopener nofollow\" target=\"_blank\"><span class=\"blue-text\">Track all markets on TradingView<\/span><\/a><\/div>\n  <script type=\"text\/javascript\" src=\"https:\/\/s3.tradingview.com\/external-embedding\/embed-widget-advanced-chart.js\" async=\"\">\n  {\n  \"width\": \"100%\",\n  \"height\": \"410\",\n  \"symbol\": \"NASDAQ:FRHC\",\n  \"timezone\": \"Etc\/UTC\",\n  \"theme\": \"light\",\n  \"style\": \"3\",\n  \"locale\": \"de_DE\",\n  \"hide_top_toolbar\": true,\n  \"range\": \"ALL\",\n  \"allow_symbol_change\": false,\n  \"save_image\": false,\n  \"calendar\": false,\n  \"hide_volume\": true,\n  \"support_host\": \"https:\/\/www.tradingview.com\"\n}\n  <\/script>\n<\/div>\n<!-- TradingView Widget END -->\n\n\n\n<p class=\"wp-block-paragraph\">Freedom Holding&#8217;s share price has increased 550-fold since 2017<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Germany and other EU countries are the latest field of activity. Freedom24 is using its experience from other nations very successfully here as well and is seeing a growing customer base of now over 350,000 users. In  broker comparisons, the company is one of the larger providers. So don&#8217;t be put off by the fact that Freedom24 is not yet well known in Germany!<\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen-blau\"> \n<div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-lesetipp\"><strong>Good to know: <\/strong><\/p> \n<p class=\"nf-boxen-p\">Freedom24 was founded in Russia, but has long since left that market and is now based in the USA and Cyprus. So you don&#8217;t have to worry about the war in Ukraine, sanctions, etc.  <\/p> \n<\/div><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">This <strong>Freedom Finance investment platform review<\/strong> wouldn\u2019t be complete without mentioning regulation. The company is regulated in multiple jurisdictions for example by the <strong>CySEC<\/strong> in Cyprus. Additionally, it operates 126 branches across 17 countries, each overseen by local regulators &#8211; something that proved vital during the 2008 financial crisis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it\u2019s important to note: <strong>Freedom24 is not a German-licensed broker<\/strong>. That comes with two key consequences. The German deposit insurance does not apply here; instead, the<br>Cypriot investor compensation scheme applies: 90% of the claim, up to a maximum of \u20ac20,000, in the event that Freedom24 is unable to return funds or securities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">From my perspective, that&#8217;s more than enough, since most capital is typically invested in <a href=\"https:\/\/northern.finance\/en\/etf\/etfs-vs-funds-difference-use\/\" data-type=\"link\" data-id=\"https:\/\/northern.finance\/en\/etf\/etfs-vs-funds-difference-use\/\">shares or ETFs<\/a>, which aren&#8217;t affected. In the unlikely event of a broker failure, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">your assets can be safely transferred to another provider<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> .<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Another important aspect of this <strong>Freedom24 trading platform review<\/strong> is taxation. Freedom24 doesn\u2019t withhold the flat-rate tax, so you\u2019ll need to declare your gains yourself. While that means a bit more paperwork, it also gives you <strong>a cash flow advantage<\/strong>, letting you reinvest profits before taxes are due &#8211; potentially earning more.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">In terms of tax, I have had <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">very good experiences with a mix of German and foreign brokers<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> such as Freedom24. This allows you to combine their respective advantages well. You can find the best domestic brokers by taking a look at my reports on <a href=\"https:\/\/northern.finance\/en\/review\/scalable-capital-vs-trade-republic\/\">Scalable Capital vs. Trade Republic<\/a> and the broker comparison.<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">*Please note: any investment always involves the risk of loss of your capital. The forecast or past performance is no guarantee or prediction of future results. Do your own research or seek financial advice before making any investments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How Freedom24 works: create an account and claim your welcome bonus<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you follow my registration link, you can currently receive <strong>up to 20 free shares<\/strong>, depending on your initial deposit. The average value of this welcome bonus ranges from \u20ac79 to an impressive \u20ac529! For anyone considering a new brokerage account, this makes signing up with Freedom24 <strong>very appealing and hassle-free<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">As with most modern platforms, the entire process is handled online. All you need to get started is your <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">email address and smartphone<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> . Later, you&#8217;ll be asked to verify your identity and address, so keep your passport or ID card and a utility bill or bank statement handy. <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Everything is fully digital<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> and takes only a few minutes.<\/font><\/font><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"1014\" height=\"538\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/Registration_Freedom24.webp\" alt=\"You can register online or with your phone number.\" class=\"wp-image-292537\" style=\"width:482px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/Registration_Freedom24.webp 1014w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/Registration_Freedom24-300x159.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/Registration_Freedom24-768x407.webp 768w\" sizes=\"(max-width: 1014px) 100vw, 1014px\" \/><figcaption class=\"wp-element-caption\">You can register online or with your phone number.<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Another strong point worth highlighting in this <strong>Freedom24 review<\/strong> is the <strong>quality of customer service<\/strong>. Throughout the process, support is just a click away. In my experience, <strong>Freedom24 offers standout service<\/strong> for a low-cost broker &#8211; something many competitors lack.<\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen-blau\"> \n<div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-lesetipp\"><strong>Good to know: <\/strong><\/p> \n<p class=\"nf-boxen-p\">Freedom24 is known to check everything very carefully. It is therefore not uncommon for documents to have to be resubmitted or for the check to take several hours. So patience is required here \u2013 but I see it as a mark of quality.   <\/p> \n<\/div><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">To give you a first-hand look at the process, I opened a new account and deposited \u20ac3,000. Topping up the account is completely free. After logging in, I was welcomed by a <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">clean and intuitive web interface<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> , making navigation easy even for <a href=\"https:\/\/northern.finance\/en\/learn-how-to-invest\/investing-for-beginners\/\" data-type=\"link\" data-id=\"https:\/\/northern.finance\/en\/learn-how-to-invest\/investing-for-beginners\/\">beginners<\/a>.<\/font><\/font><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/freedom24_review_interface.webp\" alt=\"Positive: I like the well-structured interface of Freedom24. In my experience, things look much more chaotic with many brokers.\"\/><figcaption class=\"wp-element-caption\">Positive: I like the well-structured interface of Freedom24. In my experience, things look much more chaotic with many brokers.<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">There&#8217;s also a powerful <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 trading platform app<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> for mobile use, including advanced tools for analysis and order placement. However, for this review, I&#8217;m using the browser version to give you a step-by-step view of how everything works.<\/font><\/font><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"500\" height=\"1011\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/App_Freedom24.webp\" alt=\"I have had good experiences with the Freedom24 app \u2013 I particularly like the additional information and analysis on individual shares (such as Lufthansa here).\" class=\"wp-image-292547\" style=\"width:352px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/App_Freedom24.webp 500w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/App_Freedom24-148x300.webp 148w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><figcaption class=\"wp-element-caption\">I have had good experiences with the Freedom24 app \u2013 I particularly like the additional information and analysis on individual shares (such as Lufthansa here).<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Now, <a href=\"https:\/\/northern.finance\/en\/learn-how-to-invest\/invest-correctly\/\">how do you invest<\/a> with Freedom24? While this <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom Finance investment platform review<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> isn&#8217;t focused on in-depth <a href=\"https:\/\/northern.finance\/en\/p2p\/the-big-p2p-loan-comparison\/\">investing strategies<\/a>, I used two popular <a href=\"https:\/\/northern.finance\/en\/etf\/70-30-portfolio-will-this-pay-off\/\">ETFs<\/a> for the test: \u201cVanguard FTSE Developed World\u201d and \u201cVanguard FTSE Emerging Markets.\u201d These represent stable, globally diversified choices and are easy to find using the <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">platform&#8217;s fast and accurate search function<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> .<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once selected, you can view full charts and data &#8211; but in this case, I skipped that part, as I\u2019m already convinced of their quality. I chose these products mainly to demonstrate how the platform handles actual transactions.<\/p>\n\n\n\n<style> .wp-block-group.nf-info-boxen-blau { color: white; \/* Ganze Schrift in wei\u00df *\/ } .wp-block-group.nf-info-boxen-blau a { color: white; \/* Link in wei\u00df *\/ font-weight: bold; \/* Link fett *\/ text-decoration: underline; \/* Link unterstrichen *\/ } <\/style> \n<div class=\"wp-block-group nf-info-boxen-blau\"> <div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-achtung\"><strong>Good to know: <\/strong><\/p> <p class=\"captrader-boxen-p\">Which of the many <a href=\"https:\/\/northern.finance\/en\/learn-how-to-invest\/the-top-7-investment-opportunities\/\" target=\"_blank\" rel=\"noopener\">investment options<\/a> is right for you? You can find the answer in my posts on the best ETF for 2026, the <a href=\"https:\/\/northern.finance\/en\/learn-how-to-invest\/best-funds\/\" target=\"_blank\" rel=\"noopener\">best funds<\/a> and, of course, <a href=\"https:\/\/northern.finance\/en\/my-depot\/\" target=\"_blank\" rel=\"noopener\">investing money in shares.<\/a>  <\/p> <\/div> <\/div>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"508\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_platform_freedom24.webp\" alt=\"Freedom24 shows you the current prices by default in the practical candlestick view before you can invest with the button (bottom right).\" class=\"wp-image-292552\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_platform_freedom24.webp 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_platform_freedom24-300x149.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_platform_freedom24-768x381.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Freedom24 shows you the current prices by default in the practical candlestick view before you can invest with the button (bottom right).<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">To place the order, two-factor authentication is required &#8211; <strong>a key security feature<\/strong>. Freedom24 offers various order types, and I prefer limit orders. These allow you to buy at a set price or better, never worse. It\u2019s a feature I appreciate, as <strong>many other brokers in this price range don\u2019t offer such flexibility<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Since my ETF is USD-denominated, I quickly exchanged euros to US dollars directly in the platform &#8211; <strong>fast, seamless, and with no extra fee<\/strong>. The exchange rate offered was also very competitive.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"831\" height=\"603\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/buyng_us_etfs_freedom24.webp\" alt=\"For my example, I buy ETFs that are traded in dollars and therefore I have to exchange my euros first. My Freedom24 experience is also very positive here, as no extra charge is made for the exchange.\" class=\"wp-image-292557\" style=\"width:651px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/buyng_us_etfs_freedom24.webp 831w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/buyng_us_etfs_freedom24-300x218.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/buyng_us_etfs_freedom24-768x557.webp 768w\" sizes=\"(max-width: 831px) 100vw, 831px\" \/><figcaption class=\"wp-element-caption\">For my example, I buy ETFs that are traded in dollars and therefore I have to exchange my euros first. My Freedom24 experience is also very positive here, as no extra charge is made for the exchange.<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">For European stocks and ETFs, currency conversion isn\u2019t necessary. The exchange step takes only seconds, and the order is placed. You can adjust additional settings like order duration, but for this <strong>Freedom24 broker review<\/strong>, I\u2019m keeping it simple and sticking to the basics.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Freedom24 broker review: business model and fee structure explained<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Even a broker like Freedom24 has to earn money &#8211; but the good news is that <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">its fees remain low and generally fair<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> . As this <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 broker review<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> shows, the platform offers two main pricing models: <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">\u201cSmart\u201d<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> and <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">\u201cPrime.\u201d<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> You might recognize the &#8220;Prime&#8221; label from other platforms like <a href=\"https:\/\/northern.finance\/en\/bonus\/scalable-capital-bonus\/\" data-type=\"link\" data-id=\"https:\/\/northern.finance\/en\/bonus\/scalable-capital-bonus\/\">Scalable Capital<\/a>, but in this case, the similarities end with the name.<\/font><\/font><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"1019\" height=\"1024\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/tariffs_freedom24.webp\" alt=\"The two available tariffs, Prime and Smart, differ only slightly.\" class=\"wp-image-292562\" style=\"width:574px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/tariffs_freedom24.webp 1019w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/tariffs_freedom24-300x300.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/tariffs_freedom24-150x150.webp 150w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/tariffs_freedom24-768x772.webp 768w\" sizes=\"(max-width: 1019px) 100vw, 1019px\" \/><figcaption class=\"wp-element-caption\">The two available tariffs, Prime and Smart, differ only slightly.<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">To keep things simple, here\u2019s a breakdown of both pricing models based on a \u20ac3,000 test investment made for this <strong>Freedom Finance review<\/strong>:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>SMART plan<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>6 orders of \u20ac500 each = <strong>6 x \u20ac2.00 = \u20ac12<\/strong> basic fee<\/li>\n\n\n\n<li>Estimated number of shares: 60 \u2192 <strong>\u20ac0.02 per share = \u20ac1.20<\/strong><\/li>\n\n\n\n<li><strong>Total cost: \u20ac13.20<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>PRIME plan<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>6 orders of \u20ac500 each = <strong>6 x \u20ac1.20 = \u20ac7.20<\/strong> basic fee<\/li>\n\n\n\n<li>Estimated number of shares: 60 \u2192 <strong>\u20ac0.012 per share = \u20ac0.72<\/strong><\/li>\n\n\n\n<li><strong>Volume fee (0.25%): \u20ac7.50<\/strong><\/li>\n\n\n\n<li><strong>Total cost: \u20ac15.42<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">In both models, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 remains very cost-effective<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> &#8211; especially considering the <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">extensive product selection and high service quality<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> it offers compared to many competitors. For example, a broker like Trade Republic might charge only \u20ac6 for the same orders, but it <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">doesn&#8217;t match Freedom24&#8217;s range of markets and investment tools<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> .<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, one crucial detail to note in this <strong>Freedom24 trading platform review<\/strong> is the pricing for U.S. stock options: <strong>Prime users pay significantly more<\/strong> in this case. If you&#8217;re planning to trade these kinds of derivatives, the <strong>Smart plan is clearly the better option<\/strong>.<\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen-blau\"> \n<div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-lesetipp\"><strong>Attention!<\/strong><\/p> \n<p class=\"nf-boxen-p\">Freedom24 charges an incredibly high fee of \u20ac250 if you want to participate in a shareholder meeting. This is, for example, ten times more than its competitor Trade Republic charges. I therefore strongly recommend that you get your cards from a different broker.   <\/p> \n<\/div><\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Freedom finance review: product range and trading options under the microscope<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If your broker offers a wide selection, you can always find the best investment at the moment. If Freedom24 gives you access to multiple trading venues, allowing you to choose <strong>the most cost-efficient exchange<\/strong> for your orders. This feature alone can help you save significantly on fees when trading shares, ETFs, or derivatives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In my experience, <strong>Freedom24 outperforms most brokers in terms of selection<\/strong>. With access to <strong>over one million tradable instruments<\/strong>, including at least <strong>40,000 individual stocks<\/strong> and <strong>15 global trading venues<\/strong>, the platform opens up a world of opportunities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A particularly interesting aspect of this <strong>Freedom Finance investment platform review<\/strong> is its access to <strong>markets that are often inaccessible to German investors<\/strong>. For example, you can trade securities from <strong>CIS countries<\/strong> like Russia, Kazakhstan, Armenia, or Azerbaijan-regions rich in companies focused on <strong>natural resources such as oil, gas, and precious metals<\/strong>. Starting at just <strong>0.8% per order<\/strong>, Freedom24 offers these exotic investments at <strong>prices that are often more competitive than domestic platforms<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While many German brokers limit your ETF choices to Europe-based funds, <strong>Freedom24 significantly broadens your selection<\/strong>, making it a top contender in ETF comparisons in terms of <strong>variety and pricing<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, no <strong>Freedom24 review<\/strong> would be complete without mentioning its biggest drawback: <strong>there are currently no ETF savings plans available<\/strong>. This makes the broker less appealing for long-term, automated investors and places it at the bottom of savings plan rankings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Still, if you&#8217;re a self-directed investor looking for global access, competitive fees, and unique opportunities, <strong>Freedom24 offers one of the most diversified product ranges available<\/strong> today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Freedom24 trading platform review: exploring their investment ideas<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Do you want to <a href=\"https:\/\/northern.finance\/en\/learn-how-to-invest\/invest-correctly\/\">invest smartly<\/a> without spending hours researching the markets? Then the <strong>investment ideas from Freedom24<\/strong> might be exactly what you&#8217;re looking for. This feature, highlighted in every honest <strong>Freedom24 trading platform review<\/strong>, brings you curated recommendations from a team of seasoned analysts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the broker, these experts have an average of <strong>10 years of experience in the securities market<\/strong>. They scan the financial world to identify <strong>high-potential opportunities<\/strong>, offering insights into both <strong>individual stocks and more complex instruments like options<\/strong>. Whether you&#8217;re a beginner or an advanced investor, there&#8217;s something here for you.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"144\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_ideas_freedom24.webp\" alt=\"\" class=\"wp-image-292567\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_ideas_freedom24.webp 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_ideas_freedom24-300x42.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/investment_ideas_freedom24-768x108.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">The performance of these suggestions is noteworthy: the team claims an <strong>average return of 16%<\/strong>, and they\u2019ve had <strong>successful calls on companies like Beyond Meat and Zoom<\/strong> &#8211; so accurate, in fact, that they\u2019ve received awards from <strong>leading financial media outlets<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The best part? This service is <strong>completely free<\/strong> and accessible right on the Freedom24 website. <strong>No registration required<\/strong>. While you could theoretically use the investment tips with another broker, in practice, this can be difficult &#8211; <strong>many competitors don&#8217;t offer access to the same international securities<\/strong>.<\/p>\n\n\n\n<style> .wp-block-group.nf-info-boxen-blau { color: white; \/* Ganze Schrift in wei\u00df *\/ } .wp-block-group.nf-info-boxen-blau a { color: white; \/* Link in wei\u00df *\/ font-weight: bold; \/* Link fett *\/ text-decoration: underline; \/* Link unterstrichen *\/ } <\/style> \n<div class=\"wp-block-group nf-info-boxen-blau\"> <div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-achtung\"><strong>Good to know: <\/strong><\/p> <p class=\"captrader-boxen-p\">The award-winning investment ideas are freely accessible. You can implement them with any provider from our <a href=\"https:\/\/northern.finance\/erfahrungsbericht\/broker-vergleich\/\" target=\"_blank\" rel=\"noopener\">broker comparison<\/a> and are not tied to Freedom24!  <\/p> <\/div> <\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Is Freedom24 reputable? A look at safety and regulation<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">One of the most common questions in any <strong>Freedom24 review<\/strong> is: <em>can this broker be trusted?<\/em> Especially given its status as a foreign provider, many German investors initially feel uncertain. But based on my experience, there\u2019s no need for concern. <strong>Freedom24 is a well-established, internationally regulated broker with over 15 years of successful operation<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While it\u2019s true that <strong>German deposit insurance does not apply<\/strong>, <strong>European investor protection rules do<\/strong>. This means your uninvested funds are protected up to <strong>\u20ac20,000<\/strong>.If Freedom24 is ever unable to return your balance,<br>the Cypriot investor compensation scheme will reimburse 90% of the amount owed, up to a maximum of \u20ac20,000 -so for a balance of \u20ac20,000, that would be \u20ac18,000.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/reputation_freedom24.webp\" alt=\"Freedom24 appears reputable and offers various security mechanisms. However, you should not store more than \u20ac20,000 here in cash.\" class=\"wp-image-292572\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/reputation_freedom24.webp 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/reputation_freedom24-300x143.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/reputation_freedom24-768x366.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Freedom24 appears reputable and offers various security mechanisms. However, you should not store more than \u20ac20,000 here in cash.<\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">That said, <strong>amounts above \u20ac20,000 are not covered<\/strong>, so it may be wise to avoid parking large sums of idle cash in your account. This is especially relevant given the temptation of the <strong>broker\u2019s high fixed-interest offers<\/strong>, which &#8211; while attractive &#8211; do not bypass the \u20ac20,000 guarantee cap.<\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen-blau\"> \n<div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-lesetipp\"><strong>Good to know: <\/strong><\/p> \n<p class=\"nf-boxen-p\">The shares and ETFs in your portfolio are considered special assets. Even in the event of bankruptcy, your broker or its creditors cannot touch them. This means that your portfolio is protected regardless of its size, even in the event of a broker insolvency.  <\/p> \n<\/div><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">To sum it up: <strong>Freedom24 is reputable<\/strong>, well-regulated, and has built-in security mechanisms across multiple jurisdictions. However, it&#8217;s crucial to understand that <strong>only non-invested capital up to \u20ac20,000 is protected<\/strong>. This is a key point to consider in any <strong>freedom finance review<\/strong> or when comparing it with other platforms in the market.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Freedom Finance investment platform review: insights on tax-related specifics<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The fact that Freedom24 is a <strong>foreign broker<\/strong> also has implications for your taxes. Unlike German providers, <strong>Freedom24 does not automatically deduct or transfer the capital gains tax (Abgeltungssteuer)<\/strong> to the tax office. Instead, <strong>you must declare your profits yourself in your annual tax return<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a broker comparison, this aspect is a <strong>double-edged sword<\/strong>. For some, it&#8217;s a burden &#8211; but for savvy investors, it&#8217;s an advantage. Based on my experience, this system allows for <strong>potentially higher profits<\/strong>, as the <strong>tax payment is delayed by several months<\/strong> &#8211; from the end of the year until the tax return is processed and the payment is due.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During this time, you can <strong>reinvest the untaxed profits<\/strong> and possibly generate <strong>additional returns<\/strong>. Depending on how your investments perform, <strong>this delay can make a significant difference in long-term growth<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it may be inconvenient for those who\u2019ve never had to file a tax return before. For example, if you\u2019re employed and have only used German brokers so far, <strong>you typically don\u2019t need to submit a separate return<\/strong>. That changes with Freedom24.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Still, as noted in many a <strong>freedom finance review<\/strong>, most private investors today already <strong>manage their taxes themselves or use a tax advisor<\/strong>. So in real-world terms, <strong>there\u2019s often little to no extra administrative effort involved<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">And yes &#8211; <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 does provide a tax report<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> to help you prepare your return, making the process more straightforward.<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Freedom24 pros and cons: what you should know before investing<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As you&#8217;ve probably noticed throughout this <strong>Freedom24 review<\/strong>, my overall impression of the platform is very positive. I\u2019m genuinely impressed by what this <strong>relatively lesser-known broker<\/strong> has to offer. Let\u2019s take a closer look at the key strengths &#8211; and where there\u2019s still room for improvement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Pros of Freedom24<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Massive product selection<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">: With over <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">1 million tradable assets<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">, including around <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">40,000 shares and 3,500 ETFs<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">, plus bonds, options, and other derivatives, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 easily outpaces most competitors<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">. In the shares and <a href=\"https:\/\/northern.finance\/en\/etf\/etf-total-loss-lose-all-your-assets\/\" data-type=\"link\" data-id=\"https:\/\/northern.finance\/en\/etf\/etf-total-loss-lose-all-your-assets\/\">ETFs <\/a>segment, only <a href=\"https:\/\/northern.finance\/en\/review\/captrader-review\/\">CapTrader<\/a> currently provides more variety.<\/font><\/font><\/li>\n\n\n\n<li><strong>Unique market access<\/strong>: Among mainstream brokers, <strong>Freedom24 offers exclusive access to CIS countries<\/strong> such as Russia, Azerbaijan, and Kazakhstan &#8211; ideal for investors seeking exposure to <a href=\"https:\/\/northern.finance\/en\/etf\/emerging-market-etfs\/\">emerging markets<\/a>.<\/li>\n\n\n\n<li><strong>Low and transparent fees<\/strong>: The two cost models<strong> &#8211; Smart and Prime<\/strong> &#8211; are simple and <strong>very competitive<\/strong>. A transaction can cost as little as <strong>\u20ac1.20<\/strong>, rivaling even well-known players like <strong>Scalable Capital and Trade Republic<\/strong>.<\/li>\n\n\n\n<li><strong>User-friendly platform<\/strong>: Both the <strong>web interface and mobile app<\/strong> are well-designed, stable, and easy to use. <strong>With over 15 years of international experience<\/strong>, Freedom24 delivers the polish you\u2019d expect from a seasoned platform.<\/li>\n\n\n\n<li><strong>Strong customer support<\/strong>: Unlike many other low-cost brokers, <strong>Freedom24 provides responsive and high-quality service<\/strong>. For example, during the Russia sanctions, the broker helped clients convert ADRs (depositary receipts) into actual shares &#8211; a rare and valuable feature.<\/li>\n\n\n\n<li><strong>Attractive interest on uninvested funds<\/strong>: Currently, the broker offers <strong>3.34% interest on euros and up to 4.84% on US dollars<\/strong>, which is <strong>well above market average<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Cons of Freedom24<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u20ac7 withdrawal fee<\/strong>: Each time you transfer funds to your bank account, <strong>you\u2019ll be charged \u20ac7<\/strong>. This can be especially frustrating for investors relying on <strong>monthly <a href=\"https:\/\/northern.finance\/en\/passive-income\/41-ways-to-build-passive-income\/\">passive income<\/a><\/strong>, as the fee applies to every transaction.<\/li>\n\n\n\n<li><strong>Tax complexity<\/strong>: As highlighted earlier in this <strong>Freedom Finance investment platform review<\/strong>, Freedom24 doesn\u2019t handle tax deductions for you. While this gives you a <strong>cash flow advantage<\/strong>, it also means <strong>filing a tax return becomes necessary<\/strong> &#8211; which may be new for some investors.<\/li>\n\n\n\n<li><strong>Limited deposit protection<\/strong>: Being a foreign broker, <strong>only \u20ac20,000 of your non-invested capital is protected<\/strong> under EU rules &#8211; not the \u20ac100,000 protection offered by German brokers.<\/li>\n\n\n\n<li><strong>High cost for AGM tickets<\/strong>: If you want to attend a shareholder meeting, <strong>Freedom24 charges an eye-watering \u20ac250 per ticket<\/strong>. In comparison, <a href=\"https:\/\/northern.finance\/en\/review\/trade-republic-call-money\/\">Trade Republic<\/a> only charges \u20ac25. It\u2019s often smarter to <strong>buy those shares via another broker<\/strong> if AGM access is your goal.<\/li>\n\n\n\n<li><strong>No savings plans<\/strong>: A major downside is the <strong>absence of ETF savings plans<\/strong>, a favorite tool for long-term investors. This places Freedom24 <strong>at the bottom of any savings plan comparison<\/strong> &#8211; at least for now. Hopefully, this feature will be added in the future.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Top alternatives to Freedom24 for active investors<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The broker market is very extensive and Freedom24 fits in between all the chairs. With the scope of its services, it competes with the largest online brokers, while its fees can keep pace with the low-cost neo-brokers.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In my experience, <strong>Freedom24 mainly competes with two providers: <\/strong> <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Trade Republic<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Trade Republic is Germany&#8217;s most successful neo-broker<\/strong> \u2013 more than 2.5 million Germans have a portfolio here. This enormous success has been achieved through very favorable conditions of just one euro per transaction. At first glance, this is only around \u20ac0.20 below Freedom24&#8217;s prices.   <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In practice, however, fees of between \u20ac0.02 and 0.25% per share are added. At Trade Republic, on the other hand, it remains at \u20ac1 per execution. There is also an extensive range of free savings plans, while you won&#8217;t find these options at Freedom24.   <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/northern.finance\/en\/review\/trade-republic\/\" data-type=\"link\" data-id=\"https:\/\/northern.finance\/en\/review\/trade-republic\/\">Trade Republic<\/a> also has a slight lead when it comes to interest rates: it offers 3.25 percent for overnight money and deposit protection of up to \u20ac100,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With 3.25% interest, Trade Republic has the slightly better offer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, <strong>the German broker cannot keep up when it comes to the range of products<\/strong>: its offering of just under 8,000 shares and only one available trading venue only draws a weary smile from Freedom24. <\/p>\n\n\n\n<div>\n<div class=\"wp-block-group nf-info-boxen-blau\"> \n<div class=\"wp-block-group__inner-container\"> <p class=\"nf-boxen-p-lesetipp\"><strong>My tip:<\/strong><\/p> \n<p class=\"nf-boxen-p\">Use both providers! Since there is no account maintenance fee, you will not be at a disadvantage if you open a securities account with both brokers. For example, you can execute your savings plans with Trade Republic and process international shares and ETFs through Freedom24.   <\/p> \n<\/div><\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">CapTrader<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A similar concept is pursued by <strong>CapTrader<\/strong>, a German company that is also legally considered a foreign broker. My <a href=\"https:\/\/northern.finance\/en\/review\/captrader-review\/\">CapTrader experience<\/a> shows, above all, <strong>a huge selection of international securities at extremely favorable conditions.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here you can trade over 1.3 million securities and derivatives for prices starting at \u20ac2.00 for stock trades, \u20ac1 for futures, \u20ac2 for ETFs, \u20ac3.75 for Forex and much more. I find these adjusted fees to be very fair.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In my opinion, both <strong>Freedom24 and CapTrader are ideal candidates for a second portfolio<\/strong>. However, if you want to earn interest on your capital, CapTrader is not for you: you won&#8217;t find a call money offer or similar interest products here. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Community reviews and real user opinions on Freedom24<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">My <strong>personal experience with Freedom24<\/strong> has been very good, but within the community, there&#8217;s still a fair amount of skepticism &#8211; <strong>the offer seems almost too good to be true<\/strong>. Alongside comments confirming the platform\u2019s quality, many users post <strong>follow-up questions and ask for reassurance<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Is the exchange rate really that good? Are my shares and ETFs really held in a segregated fund?<\/em> I\u2019ve received <strong>countless questions like these<\/strong> from curious investors.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"781\" height=\"97\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24.webp\" alt=\"\" class=\"wp-image-292577\" style=\"width:709px;height:auto\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24.webp 781w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24-300x37.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24-768x95.webp 768w\" sizes=\"(max-width: 781px) 100vw, 781px\" \/><\/figure>\n<\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"614\" height=\"94\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_1.webp\" alt=\"\" class=\"wp-image-292582\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_1.webp 614w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_1-300x46.webp 300w\" sizes=\"(max-width: 614px) 100vw, 614px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">These types of questions &#8211; especially about how the platform functions &#8211; are <strong>very common<\/strong> in the early stages but can usually be answered quickly and clearly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One of the <strong>most frequent concerns<\/strong> is related to <strong>Freedom24\u2019s status as a foreign broker<\/strong>. Users are often unsure about how the <strong>regulations by CySEC<\/strong> work in practice. These doubts, however, are <strong>easily addressed by reading the broker\u2019s terms<\/strong> and following basic safety advice &#8211; like <strong>not keeping more than \u20ac20,000 in uninvested cash<\/strong> in your account.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">What you rarely find in any <strong>Freedom24 review<\/strong> or real user feedback is serious criticism based on actual use. <strong>Those who actively use the platform seem to encounter very few problems<\/strong>. That said, some fair points of criticism <strong>do exist<\/strong> &#8211; particularly the <strong>\u20ac7 fee for withdrawals<\/strong> and the <strong>charges for credit card deposits<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"89\" src=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_2.webp\" alt=\"\" class=\"wp-image-292587\" srcset=\"https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_2.webp 1024w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_2-300x26.webp 300w, https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/community_review_freedom24_2-768x67.webp 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Still, <strong>many comments confirm that Freedom24 delivers as promised<\/strong>. Most community feedback reflects <strong>positive real-world usage<\/strong>, with <strong>hard complaints being surprisingly rare<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Freedom24 review conclusion: a powerful global broker with real advantages for active investors<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 is an internationally successful online broker that is also stirring up the market with its mix of <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">a wide selection, low prices, and solid customer service<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">. With more than a million tradable shares, ETFs, derivatives and more, as well as 15 available trading venues, it offers a <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">gigantic range of products<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> .<\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">In particular, access to <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">US securities and markets in Asia and the former Soviet states<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> provides broad investment opportunities. <\/font><\/font><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There are a few drawbacks: for example, <strong>a \u20ac7 withdrawal fee<\/strong> and <strong>a steep \u20ac250 charge for general meeting attendance<\/strong>. These are uncommon and could be off-putting for some.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Still, <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 remains a highly attractive broker<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> with a selection and reach that <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">outperforms many competitors<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> in this price range. It&#8217;s no surprise that my experience has been <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">consistently positive<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> &#8211; and I hope this <\/font><\/font><strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\">Freedom24 review<\/font><\/font><\/strong><font style=\"vertical-align: inherit;\"><font style=\"vertical-align: inherit;\"> helps you decide if it&#8217;s the right fit for your investment goals.<\/font><\/font><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FAQ &#8211; Frequently asked questions about Freedom24, its features and benefits<\/h3>\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-944a9e47 uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height     \" data-faqtoggle=\"true\" role=\"tablist\"><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-6f33c853 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>Is Freedom24 reputable?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>Based on my previous Freedom24 experiences, I can clearly say that this is a reputable broker! Deposit protection up to \u20ac20,000 and over 15 years of company history make a good impression. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-4916a111 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>Is Freedom Finance reputable?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>Freedom Finance is the group behind the broker Freedom24. In my experience, the company is reputable. It is listed on the US stock exchange and is regulated by the SEC. Its activities, financial figures, etc. are always transparently available for viewing.    <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-a5b77c7c \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>How does Freedom24 work?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>It is a neo-broker with additional extras. In my experience, Freedom24 works in a very simple way: you use the provider to trade shares, ETFs, options and bonds on various trading venues at low cost.  <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-247a3e1a \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>How much does Freedom24 cost?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>With a general fee of \u20ac1.20 per order plus \u20ac0.02 per share\/ETF traded, the costs are quite low. In my experience, Freedom24 is extremely cost-effective, especially when trading expensive shares (= smaller number per trade). <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-84cde134 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M432 256c0 17.69-14.33 32.01-32 32.01H256v144c0 17.69-14.33 31.99-32 31.99s-32-14.3-32-31.99v-144H48c-17.67 0-32-14.32-32-32.01s14.33-31.99 32-31.99H192v-144c0-17.69 14.33-32.01 32-32.01s32 14.32 32 32.01v144h144C417.7 224 432 238.3 432 256z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 448 512\"><path d=\"M400 288h-352c-17.69 0-32-14.32-32-32.01s14.31-31.99 32-31.99h352c17.69 0 32 14.3 32 31.99S417.7 288 400 288z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<span class=\"uagb-question\"><strong>How good is Freedom24?<\/strong><\/span><\/div><div class=\"uagb-faq-content\"><p>In my experience, Freedom24 is a high-performance broker that offers a huge selection of assets. In particular, access to US ETFs and shares from the CIS region is very attractive. Added to this are very good interest rates.  <\/p><\/div><\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can this dynamic broker really compete with Germany\u2019s low-cost giants? If you&#8217;re searching for a platform that offers a wide range of investment options, competitive fees, and a surprisingly user-friendly experience, Freedom24 might just catch your attention. In this Freedom24 review, we take a closer look at what sets this broker apart &#8211; and whether [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":278437,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[1017],"tags":[1032,1020],"class_list":["post-277593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-review","tag-etf-en","tag-experiences-en"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1.jpg",1280,720,false],"thumbnail":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1-150x150.jpg",150,150,true],"medium":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1-300x169.jpg",300,169,true],"medium_large":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1-768x432.jpg",768,432,true],"large":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1.jpg",1280,720,false],"2048x2048":["https:\/\/northern.finance\/wp-content\/uploads\/2024\/09\/EN-nf-598-thumbnail-1.jpg",1280,720,false]},"uagb_author_info":{"display_name":"Aleks Bleck","author_link":"https:\/\/northern.finance\/en\/author\/aleks\/"},"uagb_comment_info":0,"uagb_excerpt":"Can this dynamic broker really compete with Germany\u2019s low-cost giants? If you&#8217;re searching for a platform that offers a wide range of investment options, competitive fees, and a surprisingly user-friendly experience, Freedom24 might just catch your attention. In this Freedom24 review, we take a closer look at what sets this broker apart &#8211; and whether&hellip;","permalink_manager":null,"_links":{"self":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts\/277593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/comments?post=277593"}],"version-history":[{"count":51,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts\/277593\/revisions"}],"predecessor-version":[{"id":344638,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/posts\/277593\/revisions\/344638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/media\/278437"}],"wp:attachment":[{"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/media?parent=277593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/categories?post=277593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/northern.finance\/en\/wp-json\/wp\/v2\/tags?post=277593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}