Freedom24
FXTM
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.
Trust stack
Trust stack for this head-to-head
This comparison uses the same review dataset, methodology, disclosure, and corrections standards as the rest of TBR money pages. Head-to-head verdicts still need an entity-level regulation check before signup.
Risk layer
Risk & regulation snapshot for Freedom24
Regulation
Third-partyCySEC, BaFin, FSRA (ADGM) · brand-level entity model
Leverage / exposure
Broker-stated1:20 (tighter leverage ceiling)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC, BaFin gives the brand real tier-1 coverage, but the footprint is mixed because FSRA (ADGM) also appears in the regulator stack.
Entity nuance
Third-partyFreedom24 shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedThe leverage ceiling is comparatively tighter, but CFDs and leveraged forex still carry real loss risk.
Safer alternative lens
If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.
Risk layer
Risk & regulation snapshot for FXTM
Regulation
Third-partyCySEC, FCA, FSA · brand-level entity model
Leverage / exposure
Broker-stated1:2000 (high-risk if you size trades badly)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC, FCA gives the brand real tier-1 coverage, but the footprint is mixed because FSA also appears in the regulator stack.
Entity nuance
Third-partyFXTM shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedA 1:2000 ceiling is aggressive retail leverage. Small mistakes can snowball fast even if the broker itself is regulated.
Safer alternative lens
If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.
Evidence labels
How to read the evidence in Freedom24 vs FXTM
Comparison pages mix our own review work with broker-published facts and outside records. The labels make that visible instead of flattening everything into one fake confidence level.
Overall verdict and score differences
VerifiedThese come from our review methodology and the underlying hands-on review dataset used for scoring.
Spreads, minimum deposits, leverage, and platform lists
Broker-statedThese are usually published broker facts unless a review explicitly documents a direct test.
Regulation and entity background
Third-partyThose checks rely on regulator registers and other external records, not just broker marketing copy.
Cells the source reviews do not support cleanly
UnknownIf the underlying evidence is thin or conflicted, the safe answer is to keep the gap visible.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
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
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
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.
Broker recommendation block
If you only shortlist two names after this comparison, make it Freedom24 first and FXTM second
Freedom24 is the stronger default pick on the numbers here, but FXTM still makes sense if its edge lines up with how you actually trade.
Freedom24
🟢 Tier 1 RegulatedCySEC · BaFin · FSRA (ADGM)
Freedom24 wins this matchup on overall score, especially for better trading platforms and more research tools.
Overall score
8.0/10
Minimum deposit
$0
FXTM
🟢 Tier 1 RegulatedCySEC · FCA · FSA
FXTM is still worth a second tab open if you care more about stronger regulation and superior education resources.
Overall score
8.0/10
Minimum deposit
$10
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 wins by 0.5 points
FXTM wins by 0.5 points
FXTM wins by 1.0 points
Freedom24 wins by 1.5 points
FXTM wins by 0.5 points
Freedom24 wins by 1.5 points
Full Feature Comparison
| 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+ |
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.
Trading Platforms
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.
Regulation & Safety
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. Freedom24 shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. FXTM shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, but you should still verify the specific entity covering your jurisdiction before opening an account.
Education & Research
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.
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.
Deposit & Withdrawal
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.
Which Broker Is Right for You?
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)
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
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Routing after Freedom24 vs FXTM
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Regulator pages are the clean next step when the decision hinges on licensing strength.
Keep the compare graph alive
If neither broker is a fit, route into adjacent comparisons instead of dead-ending here.
Frequently Asked Questions
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