Freedom Finance Vs. FP Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

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.

FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

• 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

• Professional traders looking for DMA pricing on their stocks
• Professional traders looking to set up a dedicated VPS
• High volume share traders that benefit from DMA pricing

• CySec (Cyprus)
• BaFin (Germany)
• SEC (United States)

• ASIC (Australia)
• CySec (Cyprus)
• FSA (St. Vincent and the Grenadines)

• 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 From 0 pips
• MT4 and MT5 offered
• Over 10,000 + shares

• 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

• No ETFs are offered
• Stock trading commissions are expensive when compared to similar brokers
• Website is slow and confusing
• Fees for the majority of deposit and withdrawal methods

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• 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.

• Visa
• Mastercard
• Bank Transfers

• Visa
• Mastercard
• Bank Transfer
• Paypal
• Neteller
• Skrill
• FasaPay
• PayTrust
• China Union Pay
• Bpay
• Broker to broker
• Sticpay
• Plusdebit
• Rupee Payments
• Dragonpay
• Perfect Money
• Paylivre
• Rapyd
• Finrax
• Fairpay

SY, IR. 

US, JP, BE, NZ, SY.

Yes, 7€ for bank transfers.

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

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

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

• No commission on their Standard Account
• $3 per side (lot) commission on their RAW Account