checking a broker freedom24.com

By NIKOLAOS KARYOTAKIS, from Greece, August 26, 2023 at 04:11 PM

Hallo, i would like to have a good grounded opinion about the platform FREEDOM24, which is very famous the last 1-2 years in Greece and Cyprus. A lot of people about 35.000 have invested at this platform, which offers a lot of financial products as ETFs, deposits accounts with good interest etc. Thank you in advance.

Answer: Hi NIKOLAOS KARYOTAKIS,

Based on our findings Freedom24 operates as an international online broker known as Freedom Finance Europe Ltd. which serves as a platform through which traders have access to a range of services and instruments (1,000,000+ stocks, ETFs, options, futures, and other exchange-traded instruments) within the European Union.

  • Freedom Finance Europe functions as a subsidiary of the global investment conglomerate, Freedom Holding Corp. The stocks of this holding are listed and traded on the Nasdaq stock exchange, and its operations fall under the jurisdiction and oversight of the United States Securities and Exchange Commission (SEC).
  • On August 5, 2013, Freedom Finance Europe Ltd was established in Cyprus with registration number HE324220 and operates under the supervision of the Cyprus Securities and Exchange Commission (CySEC), holding license No. CIF 275/15. CySEC is a known European authority that introduces a wide range of guidelines and rules for the brokers operating under it to follow.
  • This means, that signing in with broker holding CySEC license is considered secure, thus FREEDOM24 can be considered as your Broker to trade through. Yet, we would advise to check well trading conditions if you find them favorable according to the trading style you follow
  • Also, the feedback from real clients is mostly positive, which in trading is also an important point to consider.

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