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

Saxo Bank is a Danish investment bank operating since 1992. It is one of the most regulated brokerages in the world with an exceptional selection of financial instruments.

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.

• Professional investors looking to trade a variety of markets
• High net worth traders or investors

• 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

• ASIC (Australia)
• HKMA (Hong Kong)
• ADGM (United Arab Emirates)
• FINMA (Switzerland)
• MAS (Singapore)
• FFAJ (Japan)
• AFM (Netherlands)

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

• Exceptional selection of financial instruments at one place
• 2 highly-customizable proprietary trading platforms
• API integration for 3rd party services like Excel or TradingView

• 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)

• High minimum deposit for certain countries
• Withdrawals via bank transfer only
• High fees on options and futures

• 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

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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 Transfer

• Visa
• Mastercard
• Bank Transfers

US, BR, ES, IN, KE, MX, NG, PK, ZA.

SY, IR. 

Up to $150 after 6 months of inactivity, £25 after one quarter in the UK.

Yes, 7€ for bank transfers.

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

$0.02/share (min $10) for US Stocks, from 0.10% (min €10) for other equity markets, €4 per futures contract.

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