Best Freedom24 alternatives
Freedom24 does not accept residents of 166 of the 197 countries we track, and it is not the right fit for every trader. These are the other brokers we review, in our ranking order.
How we score
Each broker gets five sub-scores out of 5:
Regulation and safety (30%), trading costs (25%), platforms and tools (20%), range of markets (15%) and ease of use (10%). The overall score is the weighted average, rounded to one decimal.
Availability is checked against each broker's published country lists. The ranking order is editorial and reflects our commercial agreements, so it does not always follow the scores. Full methodology
Advertiser disclosure
Broksal is free to use because some brokers pay us a commission when you open an account through our links. This can influence which broker we feature and the order in which brokers appear.
Commissions never change the facts we publish about regulation, fees or country availability, and they cost you nothing.
- 1
Our top pick
XTB
4.8Own platform, no minimum deposit, commission-free stocks and ETFs within a monthly limit
- Minimum deposit
- No minimum
- Platforms
- xStation 5 (web & desktop), XTB mobile app
- Regulation
- KNF (Poland), CySEC, FCA (UK)
- CFDs
- Yes
Show pros, cons and feesHide details
xStation 5: Market Watch with sentiment tabs on the left, an EUR/USD hourly chart with one-click order entry, and open positions below. Account number blurred. What we like
- Publicly listed in Warsaw with KNF, FCA and CySEC oversight
- No minimum deposit
- xStation 5 is fast, clean and has built-in market sentiment and calendars
- Real stocks and ETFs commission-free up to €100,000 monthly turnover
Watch out for
- No MetaTrader or cTrader
- Since March 2026 the international entity accepts residents of only a short list of countries
- Inactivity fee after 12 months without trading
Fees
CFDs are priced through the spread on the Standard account. Real stocks and ETFs are commission-free up to €100,000 of monthly turnover, then 0.2% (minimum €10). Currency conversion and overnight swap costs apply.
Best for
Beginners and active traders who want one app for CFDs and real stocks.
- 2
XM
4.6MT4 and MT5 from a $5 deposit, with multiple account types
- Minimum deposit
- $5
- Platforms
- MetaTrader 4, MetaTrader 5, XM app
- Regulation
- CySEC, DFSA (Dubai), FSC (Belize)
- CFDs
- Yes
Show pros, cons and feesHide details
What we like
- Very low minimum deposit outside the EU
- MT4 and MT5 plus its own mobile app
- Accepts residents of a very wide list of countries
- Standard, Ultra Low and Shares account types
Watch out for
- Not available in the US, Canada, Israel or the UK
- Most non-EU clients are onboarded by an offshore entity with lighter protection
- Dormant account fee after 90 days without activity
Fees
The Standard account is commission-free with costs built into the spread; the Ultra Low account offers tighter spreads. Swaps apply on positions held overnight. A monthly dormant fee is charged after 90 days of inactivity.
Best for
MetaTrader users with small starting balances.
- 3
IC Markets
4.6Raw spreads, MetaTrader, cTrader and TradingView in one account (now branded IC)
- Minimum deposit
- From $0 (varies by entity)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader +1
- Regulation
- ASIC (Australia), CySEC, FSA (Seychelles)
- CFDs
- Yes
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IC EU homepage after the rebrand from IC Markets: raw spreads from 0.0 pips and leverage up to 1:30 for EU retail clients. What we like
- Raw Spread accounts with low commissions
- Four platforms, including cTrader and TradingView
- ASIC and CySEC regulated entities
- Popular with automated and high-volume traders
- Rebranded to IC in 2026; same regulated entities
Watch out for
- Not available in the US, Canada, Israel or New Zealand
- Minimum deposit depends on the entity you are assigned
- Thin education and research compared with XTB or IBKR
Fees
Raw Spread accounts charge a commission per lot on top of raw interbank spreads (on MetaTrader it is $3.50 per side per standard lot). The Standard account has no commission and wider spreads. Swaps apply overnight.
Best for
Cost-sensitive and algorithmic traders.
- 4
Interactive Brokers
4.7The widest market access here, with low costs and top-tier regulation
- Minimum deposit
- No minimum
- Platforms
- Trader Workstation (TWS), IBKR Desktop, Client Portal (web) +2
- Regulation
- SEC / FINRA / CFTC, FCA (UK), Central Bank of Ireland
- CFDs
- Yes
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Interactive Brokers homepage, showing the desktop platform and mobile app and the new AI-assisted analysis integrations. What we like
- Listed on Nasdaq and regulated by top-tier authorities worldwide
- Access to stocks, options, futures and bonds on 150+ markets
- No minimum deposit and no inactivity fee
- Accepts residents of most countries
Watch out for
- Trader Workstation has a steep learning curve
- CFDs are not available to US residents
- Account opening asks for more documents than most brokers
Fees
Two pricing plans: Fixed (one all-in commission) and Tiered (lower exchange-based commission plus pass-through fees). CFD commissions are charged per trade, with financing on overnight positions. There is no inactivity fee.
Best for
Experienced investors who want access to global exchanges.
- 5
IQ Option
4.1A $10 minimum deposit and one of the simplest trading apps
- Minimum deposit
- $10
- Platforms
- IQ Option web platform, Desktop app, Mobile app
- Regulation
- CySEC (licence 247/14)
- CFDs
- Yes
Show pros, cons and feesHide details
IQ Option EU homepage (CySEC licence 247/14): CFDs on forex, stocks and crypto, with leverage up to 1:30 on forex for EU retail clients. What we like
- $10 minimum deposit and a reloadable demo account
- Very easy proprietary platform on web, desktop and mobile
- CySEC regulated entity for EEA clients
Watch out for
- No MetaTrader, limited research tools
- Not available in the US, UK, Canada, Australia and several EU countries
- Clients outside the EEA are served by a lightly regulated entity
Fees
CFD costs are built into the spread, with overnight funding on leveraged positions. An inactivity fee is charged after a period without trading.
Best for
Beginners who want a very simple app and a small first deposit.
- 6
eToro
4.3CopyTrader and a social feed on a Nasdaq-listed platform
- Minimum deposit
- Varies by country
- Platforms
- eToro web platform, eToro mobile app
- Regulation
- CySEC, FCA (UK), ASIC (Australia)
- CFDs
- Yes
Show pros, cons and feesHide details
eToro homepage after the 2026 brand refresh, highlighting its Nasdaq listing (ETOR) and the new mobile app. What we like
- CopyTrader lets you mirror other investors' portfolios
- Listed on Nasdaq; FCA, CySEC and ASIC regulated
- Very easy app for stocks, ETFs and crypto
Watch out for
- CFD spreads are wider than at IC Markets or XTB
- Not available in Canada, Japan, India, Turkey and most of Africa
- Withdrawal and currency conversion fees on the USD account
Fees
CFD costs are in the spread (about 1 pip on EUR/USD), plus overnight fees on leveraged positions. Withdrawals from the USD account cost $5 and currency conversion is charged on non-USD deposits; eToro removed its inactivity fee on 28 May 2026.
Best for
Investors who want to copy other traders.
How each alternative differs from Freedom24
XTB — best for beginners and active traders who want one app for CFDs and real stocks. It accepts residents of 23 countries where Freedom24 is unavailable. XTB vs Freedom24
XM — best for metaTrader users with small starting balances. It accepts residents of 156 countries where Freedom24 is unavailable. XM vs Freedom24
IC Markets — best for cost-sensitive and algorithmic traders. It accepts residents of 158 countries where Freedom24 is unavailable. IC Markets vs Freedom24
Interactive Brokers — best for experienced investors who want access to global exchanges. It accepts residents of 152 countries where Freedom24 is unavailable. Interactive Brokers vs Freedom24
IQ Option — best for beginners who want a very simple app and a small first deposit. It accepts residents of 138 countries where Freedom24 is unavailable. Freedom24 vs IQ Option
eToro — best for investors who want to copy other traders. It accepts residents of 31 countries where Freedom24 is unavailable. Freedom24 vs eToro
Not sure which applies to you? Check the ranking for your country.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Each broker publishes its own current loss percentage on its website.