Freedom24

4.2(750)

CySEC/BaFin

Smartbroker+

4.1(890)

BaFin

Freedom24 vs Smartbroker+

Head-to-Head Comparison 2026

Our Verdict

Freedom24 has a higher rating of 4.2/5 compared to Smartbroker+ (4.1/5). Freedom24 offers options trading, while the other does not. Freedom24 has been in the market since 2008, making it the more experienced provider.

Comparison Table

Criteria	Freedom24	Smartbroker+
Rating	4.2/5 (750 reviews)✓	4.1/5 (890 reviews)
Regulation	CySEC/BaFin	BaFin
Fees	from $0.02 per share (min. $2), options from $0.65 per contract	€0 at gettex (from €500) or from €4 at other exchanges
Min. Deposit	0 €	0 €
Instruments	Stocks, ETFs, Options, Bonds, Futures	Stocks, ETFs, Funds, Bonds, Derivatives
Platforms	Freedom24 App, Freedom24 Web	Smartbroker+ App, Smartbroker+ Web
Options Trading	Yes, real US options	No, no options trading
Founded	2008	2019
Headquarters	Limassol	Berlin

Detailed Comparison

Fee Comparison

Freedom24: from $0.02 per share (min. $2), options from $0.65 per contract. Minimum deposit: 0 €.

Smartbroker+: €0 at gettex (from €500) or from €4 at other exchanges. Minimum deposit: 0 €.

Product Range

Freedom24 (5 categories)

StocksETFsOptionsBondsFutures

Smartbroker+ (5 categories)

StocksETFsFundsBondsDerivatives

Trading Platforms

Freedom24

Freedom24 App
Freedom24 Web

Smartbroker+

Smartbroker+ App
Smartbroker+ Web

Regulation & Security

Freedom24 is regulated by CySEC/BaFin (HQ: Limassol).

Smartbroker+ is regulated by BaFin (HQ: Berlin).

Who Is It For?

Freedom24

Access to US and EU exchanges with real options and savings plans

✓ Real US options trading available

✓ Access to 15+ global exchanges

✓ Attractive daily interest on account balance

✗ Fees higher than neobrokers

✗ Platform could be more intuitive

Smartbroker+

Low-cost trading with access to all German exchanges

✓ €0 order fee at gettex from €500

✓ Access to all German exchanges

✓ Wide range of savings plans

✗ No options trading

✗ Platform still evolving

Frequently Asked Questions

Is Freedom24 or Smartbroker+ cheaper?

Freedom24 charges from $0.02 per share (min. $2), options from $0.65 per contract. Smartbroker+ charges €0 at gettex (from €500) or from €4 at other exchanges. The minimum deposit is 0 € at Freedom24 and 0 € at Smartbroker+.

Which broker offers more products: Freedom24 or Smartbroker+?

Freedom24 offers Stocks, ETFs, Options, Bonds, Futures. Smartbroker+ offers Stocks, ETFs, Funds, Bonds, Derivatives.

Which broker is better regulated?

Freedom24 is regulated by CySEC/BaFin. Smartbroker+ is regulated by BaFin. Freedom24 has BaFin regulation, which is particularly advantageous for German investors. Smartbroker+ has BaFin regulation, which is particularly advantageous for German investors.

Is Freedom24 or Smartbroker+ better for beginners?

Freedom24 has a minimum deposit of 0 € and offers Freedom24 App, Freedom24 Web as platforms. Smartbroker+ has a minimum deposit of 0 € and offers Smartbroker+ App, Smartbroker+ Web. Freedom24 has the lower entry barrier.

Freedom24 vs Smartbroker+: Which broker is better overall?

The choice between Freedom24 (4.2/5, 750 reviews) and Smartbroker+ (4.1/5, 890 reviews) depends on your needs. Freedom24: Access to US and EU exchanges with real options and savings plans. Smartbroker+: Low-cost trading with access to all German exchanges.

Freedom24

Access to US and EU exchanges with real options and savings plans

Open Account →

From 0 € min. deposit

Smartbroker+

Low-cost trading with access to all German exchanges

Open Account →

From 0 € min. deposit

Freedom24 read review →Smartbroker+ read review →