Plus500
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77% of retail CFD accounts lose money.

Vs.

Freedom Finance
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Your capital is at risk.

Plus500 Vs. Freedom Finance - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Dec 22 2022

Visit

77% of retail CFD accounts lose money.

Visit

Your capital is at risk.

Overview

Plus500 is an international broker specialised in CFD trading with a big range of assets including CFDs based on American options.

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.

Best For
  • Intermediate traders looking to trade short term
  • Experienced traders looking to speculate using CFDs based on options
  • 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
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

3

Other Licenses

1

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • MAS (Singapore)
  • CySec (Cyprus)
  • BaFin (Germany)
  • SEC (United States)
The Good
  • CFDs on american options offered
  • Low minimum trade sizes
  • Propietary platform with multi-charting tools
  • 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)
The Bad
  • No ability to remove leverage
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
  • 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
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 2008
💳 Minimum Deposit Range
$100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Skrill
  • Visa
  • Mastercard
  • Bank Transfers
💵 Account Base Currencies
16 - USD, GBP, EUR, CHF, AUD, JPY, PLN, HUF, CZK, CAD, TRY, SEK, NOK, SGD. 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, CU, SY, IR.

SY, IR. 

📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
No No
Banking License
No Yes
Debit Card
No No
Assets
📚 Assets Type
CFDs Equities
Total Asset Offering
2,245 1,411,284
Exchange Access
0 0
📙 Real Stocks
0 58,571
📙 Stock CFDs
2,000 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
70 0
📗 Commodities
0 0
📗 Commodities CFDs
25 0
📕 Indices
0 0
📕 Indices CFDs
26 0
📔 ETFs
0 1,500
📔 ETFs CFDs
95 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
14 0
📒 Bonds
0 191,959
📒 Bonds CFDs
0 0
📓 Options
0 1,153,234
📓 Options CFDs
15 0
📗 Futures
0 6,020
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable - Fractions Allowed 1 Share
📉 Minimum ETFs Trade Size
Variable - Fractions Allowed 1 ETF
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.001 BTC) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) Unavailable
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.2 Troy ounces of Gold) Unavailable
📉 Minimum Bonds Trade Size
Unavailable 1 Contract
📈 Minimum Futures Trade Size
Unavailable 1 Contract
📉 Minimum Options Trade Size
Varies by Option (Eg: 5 contracts of Tesla Calls) 1 Contract
💪 Retail Leverage
30 3
💪 Professional Leverage
300 Unavailable
✍ Customisable Leverage
No No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No No
📺 MetaTrader 5
No No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

$10 every 3 months of inactivity.

None
💰 Deposit Fees
None

Yes, 7€ for bank transfers.

💰 Withdrawal Fees
None

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

💰 Commissions
None

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
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Unavailable
📉 SP500
Dynamic - From 70 Pips Unavailable
📈 GOLD
Dynamic - From 30 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - From $5.2 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From 7 Pips Dynamic - Market Spread
📉 BTC
Dynamic - From $136 Unavailable
Research and Analysis
⭐ Watchlists
No Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
No No
📡 Live Chat Support
Yes No
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
No No