FREEDOM 24 vs PHOENIX MARKETS
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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These are different service types — a money-transfer service, bank or stockbroker isn’t a like-for-like alternative to a forex/CFD broker. Compare with that in mind.
Safer pick FREEDOM 24 leads on safety — winning 4 of 4
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓23
29
Verdict
Low risk
Guarded
Regulatedⓘ
Yes
Yes
Licenses
1
1
Tier-1 regulatorsⓘ
1
1
Trustpilot score
✓4
2.4
Reviews collected
✓1276
115
Exit riskⓘ lower = safer
Low risk
—
Known clonesⓘ
✓0
1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
$1000
Max leverage
—
1:200
Min spread (best acct)
—
from 0.5
Commission
—
$7
Cost grade
—
—
Account types
0
✓5
Best for
Suits
Beginner-friendly investors, ETF and stock investors, Traders who value a clean app interface
Traders seeking a CySEC-regulated broker with robust educational resources, Experienced traders who can meet high minimum deposits ($50,000+) and want pro account features, Investors who value fast execution and responsive support
Not for
Traders requiring fast, responsive customer support for problem resolution, Investors who trade frequently and need low fees, Users who value transparency in pricing and policies
Beginners with small accounts (under $1,000), Traders wary of aggressive account management and pressure to increase deposits, Those seeking full transparency on fee structures and execution practices
Products & Funding
Instruments
—
--
Deposit methods
—
--
Withdrawal
—
--
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2022-03-09
2019-08-09
Headquarters
🇨🇾 Cyprus
🇨🇾 Cyprus
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.