Freedom Finance
Visit

Your capital is at risk.

Vs.

BlackBull Markets
Visit

74-89% of retail CFD accounts lose money.

Freedom Finance Vs. BlackBull Markets - Compare and Choose the Right One

Updated Oct 20 2022

Visit

Your capital is at risk.

Visit

74-89% of retail CFD accounts lose money.

Overview

Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.

BlackBull Markets is a global broker headquartered in New Zealand founded in 2014 that specialises in providing CFDs based on shares, commodities, currencies and indices.

Best For
  • Real equities traders looking to day-trade stocks, options, futures and ETFs
  • Long term investors looking to build a stocks or ETFs portfolio
  • Experienced investors that know which assets they are looking for
  • Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • BaFin (Germany)
  • SEC (United States)
  • FMA (New Zealand)
  • FSAS (Seychelles)
The Good
  • Over 1,500,000+ assets from several exchanges worldwide
  • All assets are real equities (they do not provide CFDs)
  • InvestIdeas section with great analysis on several high potential stocks
  • 3% per year in their savings D-account (Daily interest accrual)
  • Competitive spreads in their ECN Prime account (From 0.1 Pips)
  • Wide variety of platforms (MT4, MT5, TradingView and IBKR)
  • Over 23,000 + shares
The Bad
  • The use of SMS codes for authentication of basic operations can be an issue for frequent international travellers
  • Freedom Finance does not offers currencies, cryptocurrencies or spot commodities
  • No stock screener or tools to research and analyse stocks efficiently
  • Their standard asset offering is very low (over 300 instruments)
  • Share trading requires a separate platform with a different onboarding
  • Commissions are above average and share trading fees are a mystery
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2008 2014
💳 Minimum Deposit Range
0 From $50 to $2,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfers
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • FasaPay
  • China UnionPay
  • Skrill
💵 Account Base Currencies
3 - EUR, USD, GBP. 9 - EUR, USD, GBP, NZD, AUD, SGD, ZAR, JPY, CAD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

SY, IR. 

US, CA, SY, IR.

📊 STP Account
No No
📊 DMA Account
Yes No
📊 ECN Account
No No
Banking License
Yes No
Debit Card
No No
Assets
📚 Assets Type
Equities CFDs
Total Asset Offering
1,411,284 23,092
Exchange Access
0 0
📙 Real Stocks
58,571 0
📙 Stock CFDs
0 23,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
0 64
📗 Commodities
0 0
📗 Commodities CFDs
0 15
📕 Indices
0 0
📕 Indices CFDs
0 13
📔 ETFs
1,500 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
0 0
📒 Bonds
191,959 0
📒 Bonds CFDs
0 0
📓 Options
1,153,234 0
📓 Options CFDs
0 0
📗 Futures
6,020 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share Unavailable
📉 Minimum ETFs Trade Size
1 ETF Unavailable
📈 Minimum Crypto Trade Size
Unavailable Unavailable
📉 Minimum FX Trade Size
Unavailable $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable Unavailable
📉 Minimum Bonds Trade Size
1 Contract Unavailable
📈 Minimum Futures Trade Size
1 Contract Unavailable
📉 Minimum Options Trade Size
1 Contract Unavailable
💪 Retail Leverage
3 500
💪 Professional Leverage
Unavailable Unavailable
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
No Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
No Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees

Yes, 7€ for bank transfers.

None
💰 Withdrawal Fees

Yes, up to 2.5% for credit / debit cards.

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

💰 Commissions

Yes and the vary per account:

In their all inclusive USD account they charge,

  • 0.5% + $0.012 per share with a minimum  of $1.2 per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending

In their Smart in EUR account they charge,

  • 0.02€ per share with a minimum of 2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.05 for each SMS notification

In their Fix in EUR account, they charge,

  • 10€ Monthly account fee
  • 0.012€ per share with a minimum of 1.2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.03 for each SMS notification
  • ECN Standard has no fees.
  • ECN PRIME has a $6 commission per lot round turn

In the case of share trading, their fees start from NZD $12 per transaction yet they’re not clearly explained anywhere on their website.

Spreads
📈 EUR/USD
Unavailable From 0.4 Pips to 1.61 Pips
📉 SP500
Unavailable From 5.5 Pips
📈 GOLD
Unavailable From 16 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - Market Spread
📉 BTC
Unavailable Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
No No