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Freedom24 vs Saxo: 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 Saxo lists Toronto Stock Exchange, London Stock Exchange, Xetra (Deutsche Börse), Euronext, SIX Swiss Exchange, Johannesburg Stock Exchange (JSE), and Hong Kong Exchanges (HKEX).
Only Freedom24 is licensed by CySEC.
Only Saxo is licensed by Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, and CONSOB.
Only Freedom24 supports Visa / Mastercard for deposits and withdrawals.

Criterion	Freedom24	Saxo
Rating	4.1/5 on other platforms 5.8K ratings	4.2/5 on other platforms 9.9K ratings
Regulators	CySEC	Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, CONSOB
Markets	US exchanges (NYSE, Nasdaq)	US exchanges (NYSE, Nasdaq), Toronto Stock Exchange, London Stock Exchange, Xetra (Deutsche Börse), Euronext +3
Products	stocks, ETFs, bonds, options	stocks, ETFs, bonds, options, funds
US stock or ETF order	$2 per order, $0.02 per share	0.08% of the order, minimum $1
Investor protection	Investor Compensation Fund (ICF)	Danish Guarantee Fund (cash deposits), Danish Guarantee Fund (securities not returned)
Deposits and withdrawals	Bank transfer, Visa / Mastercard	Bank transfer, Visa / Mastercard
Founded	2013	1992
Headquarters	Cyprus	Denmark
Minimum deposit	—	No minimum
Currency conversion fee	—	0.25%
Available only in	—	Australia, Austria, Belgium, Croatia, Czechia, Denmark +36
	Read review	Read review

Which regulators license Freedom24 and Saxo?

Freedom24 is licensed by CySEC; Saxo by Danish FSA, CBUAE, FCA, MAS, FINMA, Kanto LFB, and CONSOB.