Freedom Finance Review

Freedom Finance Logo

With over 1.5 billion dollars in clients’ assets, Freedom Finance is an online trading broker that was launched in 2008. The broker provides over 150,000 traders with an intuitive trading platform to enable them to trade over 40,000 financial markets, including stocks, shares, ETFs, bonds, futures, options, and more. Interestingly, the broker allows private traders to directly buy into the IPOs at the initial price on the first day of trading for an IPO. The minimum deposit required to start trading is $1, while the commission fees start from $1.2.

Freedom Finance Trading Instruments

Freedom Finance offers you access to NYSE, NASDAQ, Hong Kong Stock Exchange (HKEX), London Stock Exchange, Deutsche Börse, Kazakhstan Stock Exchange (KASE), and Moscow Exchange (MOEX). It offers Shares, ETFs, Bonds, Options, and Futures.

Freedom Finance Broker Overview
Freedom Finance Broker Overview

In addition to allowing you to participate in IPOs, the platform provides outstanding investment ideas by allowing customers to research forecasts issued by Freedom Finance analysts as well as current market news. The platform’s breadth of information and assistance provides investors with the tools they need to make good investment decisions.

One important distinction of Freedom Finance’s Freedom24 platform is that it enables customers to participate in new IPO stocks before the public market for them opens. This feature enables the customer to acquire a new IPO stock at the starting price before it is publicly traded. Freedom24’s ability to provide customers with thorough research on the business and the future development potential for the firm after it goes public is beneficial when deciding which IPO stocks to invest in.

The quantity of shares available for purchase on the Freedom24 platform during an IPO is determined by supply and demand. The allocation of IPO shares is calculated by the client’s rating, trading history with Freedom24, and assets. Clients that have received better ratings get greater allocations. Customers may see how the rating is calculated and how transparently it is updated. It is critical to maintain your customer rating in order to get a higher allocation of IPO stocks.

Freedom Finance Trading Instruments
Freedom Finance Trading Instruments

Begin by assembling a diverse portfolio of liquid securities, and keep an eye out for new IPOs, which often surface on Freedom24.com and are promoted in emails and social media channels. Freedom24 offers a wide pool of over a million financial instruments from NYSE, Nasdaq, HKEX, LSE, KASE, MOEX, and Deutsche Börse markets, including stocks, ETFs, bonds, futures, and options. Clients may use the platform to learn how to invest in stocks that pay out big dividends.

When the shareholder register closes, you earn dividends if you own a dividend-paying stock. The Freedom24 platform has an Invest Ideas option that allows users to look at potential market movements for certain stocks and learn about trading ideas that they can then study further. Freedom24 offers its European customers a D-account, which serves as a high-yield savings account.

Freedom Finance Platforms

The broker provides traders with an advanced in-house-built trading platform known as Freedom24. The platform allows users to trade multiple stocks across the globe easily. It also enables users to monitor and manage all aspects of their personal accounts and participate in the broker’s social network. Some of the platform’s key features include the following: online quotes for traded instruments, market depth, tick chart, technical indicators, analytical objects, stop loss and take profit, trading event alerts, and many more. The platform is available in desktop, web, and mobile versions.

Freedom24 for iOS and Android

Investing in securities is a method of both preserving and increasing capital. You may trade securities from the comfort of your own home with Freedom Finance, an online broker for trading securities over the internet.

Freedom Finance Trading App
Freedom Finance Trading App

The App enables you to access real-time data on securities, whilst the demo account allows you to view real-time data with a delay. You can invest using the Tradernet terminal’s demo and real user accounts. Creating trade orders for the purchase and selling of securities is simple. You can check order history, order status, and trades performed on order. You may also monitor the progress of your current portfolio.

You can enjoy the following advantages:

  • Online quotes for traded instruments
  • Market depth, tick chart
  • Technical indicators and analytical objects
  • Social trading or independent trading
  • Create trade orders
  • View history of orders, the status of orders, trades executed on the order
  • Trading event alerts
  • Quotes charts – candles, bars, and line
  • Stop loss and take profit
  • Both demo and real user accounts
  • Track the status of your current portfolio

Tradernet by Freedom Finance

Tradernet, Freedom Finance’s own electronic trading platform, is cutting-edge. To assist trading activity, Tradernet offers customers a browser-based desktop application and, in certain countries, a complementing mobile app. Tradernet offers customers trading capabilities and access to the KASE, Ukrainian Exchange, MOEX, SPBEX, NYSE, NASDAQ, LSE, and Deutsche Börse. Tradernet also enables customers to monitor and control all elements of their own accounts, as well as engage in Freedom Finance’s client social network.

Freedom Finance Tradernet Platform
Freedom Finance Tradernet Platform

Freedom Finance Investing Tools

The platform has an incredible selection of charts for every financial instrument. On the platform’s dedicated page, you may customise each chart by adding a plethora of indicators and/or geometric tools, allowing you to undertake stock technical analysis. The Freedom24 platform offers a wide range of trading tools for market analysis across various chart types and timeframes. Technical indicators and drawing tools are included in this category.

Freedom Finance Research & Education

Traders are provided with several learning materials to ensure improved trading skills and knowledge. They include learning articles, trading ideas, financial analysis, and market news that keeps traders up-to-date with the latest happenings in the financial markets.

Freedom Finance Education
Freedom Finance Education

Freedom Finance Trading Accounts

Freedom Finance offers the following trading account options: Promo, Smart in EUR, FIX in EUR, and SUPER in EUR accounts. The significant difference between each account is the amount of commission that you will pay. In addition, a demo account is available to help traders acquaint themselves with the broker’s platforms before opening a live trading account. The minimum deposit required to start trading is $1.

Freedom Finance Account Funding

Freedom Finance allows traders to deposit and withdraw funds to and from their trading accounts using bank wire transfers and credit/debit cards.

Some payment methods may not be available in specific countries, while the time taken to process transactions is dependent on the payment method in use. For example, bank transfers may take a few business days to clear, while some payment methods can be instant.

Freedom Finance Customer Service

Freedom Finance provides traders with a customer support team that is knowledgeable and responsive. The support team can be contacted 24/7 through telephone, email, Live Chat, and social media.

Freedom Finance Regulation

Freedom Finance Europe Ltd, formerly known as Freedom Finance Cyprus Ltd, is regulated by three authorities: Cyprus Securities and Exchange Commission (CySEC), Germany’s Federal Financial Supervisory Authority (BaFin), and the United States Securities and Exchange Commission (SEC).

They operate under MiFID II rules, which is a legislative framework with a high level of investor protection.

Freedom Finance FAQ

What is the Freedom Finance minimum deposit?

Freedom Finance does not have any minimum deposit requirement.

Where is Freedom Finance based?

Free Finance is based in Limassol.

When was Freedom Finance founded?

Freedom Finance was founded in 2008.

What are the Freedom Finance platforms?

Freedom Finance offers Tradenet and Freedom24 as trading platforms.

What trading instruments does Freedom Finance have?

It offers Shares, ETFs, Bonds, Options, and Futures.

What are the Freedom Finance deposit and withdrawal options?

Freedom Finance offers Bank Transfer and Debit/Credit card transfer options for deposit and withdrawal.

What is the Freedom Finance leverage?

Freedom Finance offers margins, but it is not specified on the website.

What is the Freedom Finance commission fee?

Freedom Finance charges a $1.2 commission.

What are the Freedom Finance spreads?

Freedom Finance charges variable spreads, yet they are low.

Does Freedom Finance offer demo accounts?

Yes, Freedom Finance offers demo accounts.

Does Freedom Finance offer Islamic accounts?

Freedom Finance offers swap-free accounts that you can treat as Islamic accounts.

Does Freedom Finance allow scalping, hedging, news trading, and automated trading?

Freedom Finance does not allow scalping, hedging, news trading, and automated trading.

Does Freedom Finance charge an inactivity fee?

Freedom Finance does not charge an inactivity fee.

Is Freedom Finance regulated?

Freedom Finance is regulated by CySEC, SEC, and BaFin.

Freedom Finance Review Summary

Putting it all together, Freedom Finance is an online financial services provider that is regulated by various financial authorities. They allow traders to buy and sell several trading instruments using their proprietary trading platform. The broker provides traders with some learning resources, while a client support team is available to assist them. A commission fee starting from $1.2 is charged on trades.

Freedom Finance

8

Spreads

8.0/10

Liquidity

8.0/10

Commissions

8.0/10

Support

8.0/10

Regulation

8.0/10

Features

  • Proprietary trading platform
  • Educational resources
  • Multiple financial instruments across different asset classes
  • Regulated forex broker
  • Demo accounts
  • Swap-free accounts
  • 40,000 financial instruments
  • Tight spreads
  • Low trading fees
  • Dedicated customer support