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Baraka vs Freedom24: fees, markets and protection

Facts for both companies from their official pages; each was checked on the date shown in its review.

Facts verified on October 18, 2026

Key differences

Only Baraka lists Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM).
Only Baraka is licensed by DFSA.
Only Freedom24 is licensed by CySEC.
Only Freedom24 supports Visa / Mastercard for deposits and withdrawals.

Criterion	Baraka	Freedom24
Rating	3.5/5 on other platforms 1.6K ratings	4.1/5 on other platforms 5.8K ratings
Regulators	DFSA	CySEC
Minimum deposit	$50	—
Markets	US exchanges (NYSE, Nasdaq), Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM)	US exchanges (NYSE, Nasdaq)
Products	stocks, ETFs, fractional shares, options	stocks, ETFs, bonds, options
US stock or ETF order	$1 per order	$2 per order, $0.02 per share
Investor protection	SIPC	Investor Compensation Fund (ICF)
Deposits and withdrawals	Visa / Mastercard, Bank transfer	Bank transfer, Visa / Mastercard
Available only in	United Arab Emirates, Oman, Qatar, Bahrain, Kuwait	—
Headquarters	United Arab Emirates	Cyprus
Founded	—	2013
	Read review	Read review

Which regulators license Baraka and Freedom24?

Baraka is licensed by DFSA; Freedom24 by CySEC.