Freedom24

Freedom24

🟢 Tier 1 Regulated
8.0
/ 10
vs
FXTM

FXTM

🟢 Tier 1 Regulated
8.0
/ 10

Freedom24 vs FXTM

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Freedom24 and FXTM are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Freedom24, founded in 2013 and headquartered in Limassol, Cyprus, is regulated by CySEC, BaFin, FSRA (ADGM) and offers spreads starting from 0.02 USD per share with a minimum deposit of $0. FXTM, established in 2011 in Limassol, Cyprus, holds licenses from CySEC, FCA, FSA with spreads from 0.0 pips and a $10 minimum deposit. In our hands-on testing across 8 scoring categories, Freedom24 scored 8/10 overall compared to FXTM's 8/10, making it the stronger pick for most traders. That said, FXTM holds its own with stronger regulation and superior education resources, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Freedom24 scores 8/10 overall vs 8/10 for FXTM — a 0.0-point difference.

  • 💵

    Freedom24 requires just $0 to start, while FXTM needs $10 — Freedom24 is 10x more accessible.

  • 📈

    Freedom24 offers 1,000+ instruments vs 600+ at FXTM — a notable difference in market coverage.

  • 🖥️

    Freedom24 runs on Freedom24 Platform, Freedom24 App, while FXTM uses MT4, MT5, FXTM Trader App — different ecosystems for different trading styles.

  • The biggest gap is in Research & Analysis: Freedom24 scores 8.5 vs 7.0 for FXTM — a 1.5-point difference.

Our Verdict

🏆 WINNER
Freedom24

Freedom24

Score: 8.0/10 · Wins 3 categories
  • You need advanced trading platforms and tools
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools
  • You prefer a low minimum deposit ($0)
FXTM

FXTM

Score: 8.0/10 · Wins 3 categories
  • You're a beginner who values learning resources
  • Top-tier regulation and fund safety are your priority
  • Fast and flexible deposits & withdrawals are important

Freedom24 takes the lead with an overall score of 8/10 compared to 8/10, winning in 3 out of 8 scoring categories. Freedom24 stands out for better trading platforms and more research tools, while FXTM fights back with stronger regulation and superior education resources.

Detailed Verdict

After testing both brokers with real accounts, Freedom24 comes out ahead with a 8/10 overall rating, winning 3 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. Freedom24 holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXTM is not without merit — it scores 8/10 overall and excels in Regulation & Trust (9.0/10), winning 3 categories. Traders who value stronger regulation or superior education resources may find FXTM the better fit. For a complete breakdown, read our full Freedom24 review and FXTM review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Freedom24
FXTM
Trading Costs
8.0 8.0
Platforms & Tools
8.0 7.5

Freedom24 wins by 0.5 points

Regulation & Trust
8.5 9.0

FXTM wins by 0.5 points

Education
7.5 8.5

FXTM wins by 1.0 points

Customer Service
7.5 7.5
Research & Analysis
8.5 7.0

Freedom24 wins by 1.5 points

Deposit & Withdrawal
7.5 8.0

FXTM wins by 0.5 points

Product Range
8.5 7.0

Freedom24 wins by 1.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.0/10
8.0/10
Min Deposit
Lower is better
$0
$10
Max Leverage
1:20
1:2000
Spreads From
0.02 USD per share
0.0 pips
Platforms
Freedom24 Platform, Freedom24 App
MT4, MT5, FXTM Trader App
Regulation
CySEC, BaFin, FSRA (ADGM)
CySEC, FCA, FSA
Founded
Older track record highlighted
2013
2011
Markets
1,000+
600+
Freedom24: 0 FXTM: 0
💰

Fees & Costs

When it comes to trading costs, Freedom24 has the edge with a score of 8/10 versus 8/10 for FXTM. Freedom24 offers spreads starting from 0.02 USD per share, while FXTM starts from 0.0 pips. The minimum deposit at Freedom24 is $0, compared to $10 at FXTM. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Freedom24
8.0
FXTM
8.0
Freedom24: 1 FXTM: 0
🖥️

Trading Platforms

🏅 Section Winner: Freedom24 (8.0 vs 7.5)

Freedom24 scores 8/10 for platforms compared to 7.5/10 for FXTM. Freedom24 provides Freedom24 Platform, Freedom24 App, while FXTM offers MT4, MT5, FXTM Trader App. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Freedom24
8.0
FXTM
7.5
Freedom24: 1 FXTM: 1
🛡️

Regulation & Safety

🏅 Section Winner: FXTM (8.5 vs 9.0)

Regulation is crucial for fund safety. Freedom24 is regulated by CySEC, BaFin, FSRA (ADGM) (Tier 1), while FXTM holds licenses from CySEC, FCA, FSA (Tier 1). Freedom24 scores 8.5/10 and FXTM scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Freedom24
8.5
FXTM
9.0
Freedom24: 1 FXTM: 2
📚

Education & Research

🏅 Section Winner: FXTM (7.5 vs 8.5)

For learning resources, FXTM leads with 8.5/10 compared to 7.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Freedom24 and FXTM both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Freedom24
7.5
FXTM
8.5
Freedom24: 1 FXTM: 2
🎧

Customer Support

Freedom24 offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while FXTM provides 24/5 Live Chat, Email, Phone with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Freedom24
7.5
FXTM
7.5
Freedom24: 1 FXTM: 3
💳

Deposit & Withdrawal

🏅 Section Winner: FXTM (7.5 vs 8.0)

Freedom24 scores 7.5/10 for deposits and withdrawals, while FXTM scores 8/10. Freedom24 accepts Bank Transfer, Credit Card, Debit Card, and FXTM supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Freedom24 requires a minimum deposit of $0 versus $10 for FXTM. Always check withdrawal conditions and any potential fees before funding your account.

Freedom24
7.5
FXTM
8.0

Which Broker Is Right for You?

Freedom24

Choose Freedom24 if you...

  • You need advanced trading platforms and tools
  • You want access to a wider range of instruments
  • You rely on in-depth research and analysis tools
  • You prefer a low minimum deposit ($0)
Visit Freedom24
FXTM

Choose FXTM if you...

  • You're a beginner who values learning resources
  • Top-tier regulation and fund safety are your priority
  • Fast and flexible deposits & withdrawals are important
Visit FXTM

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Freedom24 better than FXTM?

Freedom24 scores higher overall (8/10 vs 8/10), winning 3 of 8 categories. However, FXTM is stronger in stronger regulation and superior education resources. The best choice depends on what matters most to your trading style.

Which has lower fees, Freedom24 or FXTM?

Freedom24 scores higher for trading costs. Freedom24 offers spreads from 0.02 USD per share with a $0 minimum deposit, while FXTM starts from 0.0 pips with $10 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Freedom24 safe to trade with?

Freedom24 is regulated by CySEC, BaFin, FSRA (ADGM) and scores 8.5/10 for regulation. FXTM is regulated by CySEC, FCA, FSA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Freedom24 or FXTM?

Freedom24 scores 8/10 for platforms. Freedom24 offers Freedom24 Platform, Freedom24 App, while FXTM provides MT4, MT5, FXTM Trader App. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Freedom24 vs FXTM?

Freedom24 requires a minimum deposit of $0, while FXTM requires $10. Freedom24 has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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