Freetradeeuropa.com has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services|Genera...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I joined Freetradeeuropa.com through word of mouth in my investment club and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Low minimum deposit|Two-factor authentication
Cons: Charting tools need more indicators|Search feature is basic
Freetradeeuropa.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Instant funding|Automated trading options|Clean UI|High security standards
Cons: Limited cryptocurrency options
Freetradeeuropa.com advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multi-currency support|Low minimum deposit|Portfolio tracking tools|Comprehensive tools
Cons: Help articles are sometimes vague
I was about to invest with Freetradeeuropa.com but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Commissione Nazionale per le Società e la Borsa has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Not registered with regulators|Unrealistic promises
My card was charged twice by Freetradeeuropa.com on the same day. I had to dispute it with my bank. Freetradeeuropa.com then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Fast support response|Wide product range
Cons: Some tools only available on higher tiers|Alert system is basic
The spread at Freetradeeuropa.com is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.
Pros: Great customer service|Full transparency|Risk management tools|Good analytical tools
Cons: Spreads widen during volatile periods|Email notifications too frequent
I wanted to transfer my portfolio from another broker to Freetradeeuropa.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Copy trading available|Demo account available|Quick verification
Cons: Limited social trading features|Wait times can be long during peak hours
Do not use Freetradeeuropa.com for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Wide product range|Multi-device support|Clear documentation
Cons: Limited demo account features
I was contacted by Freetradeeuropa.com through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Freetradeeuropa.com said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Customizable dashboard|Fast deposits|Economic calendar|Multiple order types
Cons: Account statements could be more detailed|Limited social trading features