Freedom24

Freedom24

🟢 Tier 1 Regulated
8.0
/ 10
vs
IG

IG

🟢 Tier 1 Regulated
9.2
/ 10

Freedom24 vs IG

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

Freedom24 and IG 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. IG, established in 1974 in London, UK, holds licenses from FCA, ASIC, MAS, BaFin with spreads from 0.6 pips and a $250 minimum deposit. In our hands-on testing across 8 scoring categories, IG scored 9.2/10 overall compared to Freedom24's 8/10, making it the stronger pick for most traders. That said, Freedom24 holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    IG scores 9.2/10 overall vs 8/10 for Freedom24 — a 1.2-point difference.

  • 💵

    Freedom24 requires just $0 to start, while IG needs $250 — Freedom24 is 250x more accessible.

  • 📈

    IG offers 17,000+ instruments vs 1,000+ at Freedom24 — a massive gap in market coverage.

  • 🖥️

    Freedom24 runs on Freedom24 Platform, Freedom24 App, while IG uses IG Platform, MT4, ProRealTime, L2 Dealer — different ecosystems for different trading styles.

  • The biggest gap is in Platforms & Tools: IG scores 9.5 vs 8.0 for Freedom24 — a 1.5-point difference.

Our Verdict

Freedom24

Freedom24

Score: 8.0/10 · Wins 0 categories
  • You prefer a low minimum deposit ($0)
  • You prefer Freedom24's trading environment overall
🏆 WINNER
IG

IG

Score: 9.2/10 · Wins 8 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority

IG takes the lead with an overall score of 9.2/10 compared to 8/10, winning in 8 out of 8 scoring categories. IG stands out for lower trading costs and better trading platforms, while Freedom24 remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, IG comes out ahead with a 9.2/10 overall rating, winning 8 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. IG holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Freedom24 is not without merit — it scores 8/10 overall and excels in Regulation & Trust (8.5/10). For a complete breakdown, read our full IG review and Freedom24 review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Freedom24
IG
Trading Costs
8.0 8.5

IG wins by 0.5 points

Platforms & Tools
8.0 9.5

IG wins by 1.5 points

Regulation & Trust
8.5 10.0

IG wins by 1.5 points

Education
7.5 9.0

IG wins by 1.5 points

Customer Service
7.5 8.5

IG wins by 1.0 points

Research & Analysis
8.5 9.5

IG wins by 1.0 points

Deposit & Withdrawal
7.5 8.0

IG wins by 0.5 points

Product Range
8.5 9.5

IG wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.0/10
9.2/10
Min Deposit
Lower is better
$0
$250
Max Leverage
1:20
1:200
Spreads From
0.02 USD per share
0.6 pips
Platforms
Freedom24 Platform, Freedom24 App
IG Platform, MT4, ProRealTime, L2 Dealer
Regulation
CySEC, BaFin, FSRA (ADGM)
FCA, ASIC, MAS, BaFin
Founded
Older track record highlighted
2013
1974
Markets
1,000+
17,000+
Freedom24: 0 IG: 1
💰

Fees & Costs

🏅 Section Winner: IG (8.0 vs 8.5)

When it comes to trading costs, IG has the edge with a score of 8.5/10 versus 8/10 for Freedom24. Freedom24 offers spreads starting from 0.02 USD per share, while IG starts from 0.6 pips. The minimum deposit at Freedom24 is $0, compared to $250 at IG. 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
IG
8.5
Freedom24: 0 IG: 2
🖥️

Trading Platforms

🏅 Section Winner: IG (8.0 vs 9.5)

IG scores 9.5/10 for platforms compared to 8/10 for Freedom24. Freedom24 provides Freedom24 Platform, Freedom24 App, while IG offers IG Platform, MT4, ProRealTime, L2 Dealer. 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
IG
9.5
Freedom24: 0 IG: 3
🛡️

Regulation & Safety

🏅 Section Winner: IG (8.5 vs 10.0)

Regulation is crucial for fund safety. Freedom24 is regulated by CySEC, BaFin, FSRA (ADGM) (Tier 1), while IG holds licenses from FCA, ASIC, MAS, BaFin (Tier 1). Freedom24 scores 8.5/10 and IG scores 10/10 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
IG
10.0
Freedom24: 0 IG: 4
📚

Education & Research

🏅 Section Winner: IG (7.5 vs 9.0)

For learning resources, IG leads with 9/10 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 IG 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
IG
9.0
Freedom24: 0 IG: 5
🎧

Customer Support

🏅 Section Winner: IG (7.5 vs 8.5)

Freedom24 offers 24/5 Live Chat, Email, Phone and scores 7.5/10, while IG provides 24/5 Live Chat, Email, Phone with a score of 8.5/10. 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
IG
8.5
Freedom24: 0 IG: 6
💳

Deposit & Withdrawal

🏅 Section Winner: IG (7.5 vs 8.0)

Freedom24 scores 7.5/10 for deposits and withdrawals, while IG scores 8/10. Freedom24 accepts Bank Transfer, Credit Card, Debit Card, and IG supports Bank Transfer, Credit Card, PayPal. Processing times, fees, and available currencies vary. Freedom24 requires a minimum deposit of $0 versus $250 for IG. Always check withdrawal conditions and any potential fees before funding your account.

Freedom24
7.5
IG
8.0

Which Broker Is Right for You?

Freedom24

Choose Freedom24 if you...

  • You prefer a low minimum deposit ($0)
  • You prefer Freedom24's trading environment overall
Visit Freedom24
IG

Choose IG if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit IG

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Freedom24 better than IG?

IG scores higher overall (9.2/10 vs 8/10), winning 8 of 8 categories. However, Freedom24 remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, Freedom24 or IG?

IG scores higher for trading costs. Freedom24 offers spreads from 0.02 USD per share with a $0 minimum deposit, while IG starts from 0.6 pips with $250 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. IG is regulated by FCA, ASIC, MAS, BaFin with a score of 10/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Freedom24 or IG?

IG scores 9.5/10 for platforms. Freedom24 offers Freedom24 Platform, Freedom24 App, while IG provides IG Platform, MT4, ProRealTime, L2 Dealer. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Freedom24 vs IG?

Freedom24 requires a minimum deposit of $0, while IG requires $250. 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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