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Freedom24 vs Ndovu: 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 28, 2026
Key differences
- Only Freedom24 is licensed by CySEC.
- Only Ndovu is licensed by CMA (Kenya), CMA (Rwanda), and CMA (Uganda).
- Only Freedom24 supports Visa / Mastercard for deposits and withdrawals.
- Only Ndovu supports M-Pesa for deposits and withdrawals.
Side by side
| Criterion | Freedom24 | Ndovu |
|---|---|---|
| Rating | ||
| Regulators | CySEC | CMA (Kenya), CMA (Rwanda), CMA (Uganda) |
| Markets | US exchanges (NYSE, Nasdaq) | US exchanges (NYSE, Nasdaq) |
| Products | stocks, ETFs, bonds, options | stocks, ETFs, fractional shares, funds |
| US stock or ETF order | $2 per order, $0.02 per share | 4.5% of the order |
| Investor protection | Investor Compensation Fund (ICF) | — |
| Deposits and withdrawals | Bank transfer, Visa / Mastercard | M-Pesa, Bank transfer |
| Founded | 2013 | 2021 |
| Headquarters | Cyprus | Kenya |
| Available only in | — | Kenya |
| Read review | Read review |
Frequently asked questions
Which regulators license Freedom24 and Ndovu?
Freedom24 is licensed by CySEC; Ndovu by CMA (Kenya), CMA (Rwanda), and CMA (Uganda).
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