Why You Should Open a Long-Term Savings Plan with Freedom24
Discover how Freedom24’s Long-Term Savings Plans can help grow your savings with competitive interest rates of up to 5.9% in EUR and 8.8% in USD. Access global markets with a trusted, regulated broker.
FREEDOM24
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Why You Should Open a Long-Term Savings Plan with Freedom24
- Regulated and trusted
- 532,000 customer accounts
- Available in Europe
Freedom24 is a European brokerage firm and a part of Freedom HoldingCorp., a NASDAQ-listed global financial conglomerate. Established in2013, it is the largest stockbroker regulated by CySEC (license No.CIF275/15). With over 532,000 customer accounts and total clientassets of $8.5 billion as of June 30, 2024, Freedom24 providesaccess to 15 global exchanges and offers over 1 million financialinstruments, including stocks, bonds, ETFs, and U.S. stock options.
Freedom24 is committed to the highest industry compliance standards, boasting Euroclear membership and a B/B rating from S&P with a positive outlook. With offices in key European cities such as Berlin, Paris, Milan, and Vienna, the company's presence underscores its reliability and global reach.
Features
- Low stock and ETF fees$5 withdrawal fee
- Seamless account openingFew account base currencies
- Social tradingCustomer support should be improved
Conditions
- Minimum deposit$50
- Stock feeLow
- Index CFD feeAverage
- Minimum depositWithdrawal fee
- Account opening1 day
One of Freedom24’s most attractive offerings is its Long-Term Savings Plans, which provide competitive interest rates of up to 5.9% per annum in EUR and 8.8% per annum in USD, making them among the highest-yielding options in Europe; additionally, Freedom24 offers a savings account with daily interest accrual at 3.6% annually in EUR and 5.3% annually in USD.
Freedom24 clients benefit from a free investment academy and receive weekly investment ideas from the company's award-winning analysts, while new clients are eligible to receive up to 20 gift stocks when they fund their accounts.
Platform functions
Fees
- Low trading feesInactivity fee
- Free stock and ETF tradingHigh CFD fees
- $5 withdrawal fee
Freedom24 clients benefit from a free investment academy and weekly investment ideas from the company's award-winning analysts, while new clients can receive up to 20 gift stocks upon funding their accounts.
Safety
- Majority of clients belong to a top-tier financial authorityDoes not hold a banking license
- Negative balance protectionNot listed on stock exchange
- Financial information is publicly available
One of Freedom24’s most attractive offerings is its Long-Term Savings Plans, which provide competitive interest rates of up to 5.9% per annum in EUR and 8.8% per annum in USD, making them among the highest-yielding options in Europe; additionally, Freedom24 offers a savings account with daily interest accrual at 3.6% annually in EUR and 5.3% annually in USD.