Broker comparison

Freedom24 vs.
Smartbroker+

Which broker fits your needs?

Platforms, products and fees side by side.

Checked on 22 October 2026

See comparison

Summary

Your goal decides

Freedom24 has a higher rating of 4.2/5 compared to Smartbroker+ (4.1/5). Oversight: Freedom24: CySEC (Cyprus), licence 275/15; Smartbroker+: BaFin. Freedom24: Yes, listed options: US. Smartbroker+: No, no options trading. Freedom24 has been in the market since 2008, making it the more experienced provider.

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

Low-cost trading with access to all German exchanges

At a glance

The key differences

Criterion
PlatformsFreedom24 App, Freedom24 WebSmartbroker+ App, Smartbroker+ Web
Product typesStocks, ETFs, Options, Bonds, FuturesStocks, ETFs, Funds, Bonds, Derivatives
Options tradingYes, listed options: USNo, no options trading
Fee modelUS: Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order€0 at gettex (from €500) or from €4 at other exchanges
Minimum deposit0 €0 €
RegulationCySEC (Cyprus), licence 275/15BaFin
More informationDetailsDetails

Platforms

Freedom24

Freedom24 App, Freedom24 Web

Smartbroker+

Smartbroker+ App, Smartbroker+ Web

Product types

Freedom24

Stocks, ETFs, Options, Bonds, Futures

Smartbroker+

Stocks, ETFs, Funds, Bonds, Derivatives

Options trading

Freedom24

Yes, listed options: US

Smartbroker+

No, no options trading

Fee model

Freedom24

US: Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order

Smartbroker+

€0 at gettex (from €500) or from €4 at other exchanges

Minimum deposit

Freedom24

0 €

Smartbroker+

0 €

Regulation

Freedom24

CySEC (Cyprus), licence 275/15

Smartbroker+

BaFin

More information

Freedom24

Details

Smartbroker+

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Terms by market

US
Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order
Minimum deposit
0 €
Spread figure
Stocks from $0.02/share + $1.20/order (Smart plan), up to 8.3% interest on USD balance
See terms at provider

€0 at gettex (from €500) or from €4 at other exchanges

Published fee
€0 at gettex (from €500) or from €4 at other exchanges
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Worked out

What does it actually cost?

Typical months at Freedom24 and Smartbroker+, priced from their published fee schedules. Spreads, FX and exchange fees come on top depending on the venue.

ScenarioFreedom24Smartbroker+
ETF savings plan, ≈ €200 a month€2.04No savings plan in fee schedule; single buy on Smart: €2 + €0.02/share (≈2 shares at €100)€0ETF savings plan €0
10 stock buys of ≈ €1,000 a month€22Smart: €2 + €0.02/share; at 10 shares of €100 = €2.20 × 10 (depends on share count)€0gettex €0 per order from €500 × 10 (Xetra: €4 + 0.01% + exchange fees)
10 US option contracts a monthUS$6.50Smart: $0.65 per contract × 10, no per-order fee—No listed options offered (securitised derivatives only)
One BTC purchase of ≈ €1,000—No spot crypto in fee schedule€9Crypto 0.90% of value × €1,000 plus venue markup
Custody and account fee per year€0Smart: no monthly fee; no custody fee for trading account€0Custody free

Checked on 22 October 2026. Prices can change; the current fee schedule is what counts. Sources: freedom24.com · smartbrokerplus.de

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsBondsFutures
StocksETFsFundsBondsDerivatives

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

Freedom24 App · Freedom24 Web

Freedom24 offers its own web platform and mobile app for iOS and Android. The platform enables trading of stocks, ETFs, options, futures, and bonds across over 15 global exchanges. It provides real-time quotes, portfolio overviews, savings plan features, and basic analytical tools. The user interface is functional, though it could benefit from a more modern design.

Explore platform

Smartbroker+ App · Smartbroker+ Web

Smartbroker+ offers its customers the Smartbroker+ App and the Smartbroker+ Web platform. Both interfaces are designed for simple and fast order placement. The app enables mobile trading with real-time price data, watchlists, and portfolio overview. The web platform offers advanced chart analysis functions and detailed order masks. Various order types such as limit, stop, and market orders are supported. The platform is continuously being developed and enhanced with new features.

Explore platform

Regulation & security

Freedom24

Freedom Finance Europe Ltd, Limassol, Cyprus (CySEC CIF licence 275/15)

Supervisor
CySEC
Investor compensation
Cyprus Investor Compensation Fund (ICF): 90% up to €20,000
Cash
No deposit guarantee (investment firm, not a bank); client money covered only by ICF up to €20,000

Smartbroker+

Smartbroker AG, Berlin; Depot- und Kontoführung bei Baader Bank AG

Supervisor
BaFin
Investor compensation
Securities held at Baader Bank as segregated assets; EdB: 90% up to €20,000
Cash
Cash at Baader Bank AG: deposit guarantee up to €100,000

Regulation does not protect against market losses. What counts is the entity you sign the contract with.

Your investor profile

Who might it suit?

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

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

Find the broker that fits

Freedom24 oder Smartbroker+?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Freedom24 and Smartbroker+?
Freedom24: US: Smart plan: USD 0.65 per contract; All-inclusive plan: USD 3 per contract + USD 10 per order. Smartbroker+: €0 at gettex (from €500) or from €4 at other exchanges. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Freedom24 or Smartbroker+?
Freedom24 offers Stocks, ETFs, Options, Bonds, Futures. Smartbroker+ offers Stocks, ETFs, Funds, Bonds, Derivatives.
How are Freedom24 and Smartbroker+ regulated?
The broker profiles list CySEC (Cyprus), licence 275/15 for Freedom24 and BaFin for Smartbroker+. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Freedom24 or Smartbroker+ better for beginners?
Freedom24 lists a 0 € minimum deposit and offers Freedom24 App, Freedom24 Web. Smartbroker+ lists 0 € and offers Smartbroker+ App, Smartbroker+ Web. Compare usability, available products and costs for your intended use.
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.

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