Why I chose Freedom24 broker?

2025-02-04
#Broker review
The information provided in this blog post is for informational and educational purposes only and should not be considered financial, investment, or legal advice. All opinions expressed are based on personal experiences and research but may not be suitable for your individual financial situation. Investing involves risk, including the potential loss of capital. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. The author assumes no responsibility for any actions taken based on the information presented in this post.

What Is This Article About?

Freedom24

If you're interested in investing and looking for a reliable platform, you've probably heard of Freedom24. This is a rapidly growing broker offering a wide selection of financial instruments and additional benefits for investors.

But is it worth creating an account on the Freedom24 platform? In this article, I will discuss the main advantages and disadvantages of this platform.

What Is Freedom24?

Freedom24 is a broker operating under European Union financial regulations and is part of the "Freedom Finance" group. This ensures strict regulation and investor fund safety. Additionally, "Freedom Holding Corp.," which owns Freedom24, is listed on the Nasdaq stock exchange (ticker: FRHC), adding further credibility.

On this platform, you can invest in:

  • Stocks
  • ETFs
  • Bonds
  • Structured products

Advantages of Freedom24

  • Wide selection of investment instruments. Freedom24 allows you to invest in thousands of stocks, ETFs, and bonds, enabling every investor to choose a strategy that best suits their needs.
  • Savings "D" account. Idle funds on the Freedom24 platform can generate additional income - just transfer them for free to the savings "D" account, which is available to all platform users. As of the date of this article, the broker offers up to 8% annual interest, which can be paid daily. This is an attractive and safe alternative to traditional bank deposits or bonds, and for me this is one of the key reasons I use Freedom24. The "D" account helps maximize profits by putting my idle money to work until a new investment opportunity arises.
  • User-friendly and intuitive platform. Freedom24 offers a convenient website and mobile app, allowing you to easily monitor and manage your investments anytime.
  • Regulated and reliable broker. Operating since 2008, Freedom24 has a European financial license, ensuring a high level of investor fund security.

Additional Benefits for New Users

  • 30 days of commission-free trading. For the first month, you can trade without additional fees - this is a great opportunity to try out the platform.
  • Free stock bonus. Open an account via this link and receive a randomly selected free stock. You may even get shares from companies like Tesla, Microsoft, or Netflix, worth nearly $1000 as of the date of this article.
Freedom24

Potential Drawbacks

  • Withdrawal fee. One drawback is the €7 withdrawal fee, applied regardless of the amount withdrawn. This may be inconvenient for those who frequently transfer funds from the broker to their personal bank account.

How to Create a Freedom24 Account?

Registering on the platform is quick and straightforward. The main steps:

  1. Fill out the registration form by providing your personal information and email address.
  2. Verify your identity by submitting a photo of an identification document and proof of address.
  3. Deposit initial funds using a chosen transfer method. I prefer free bank transfers as the most convenient option.
  4. Get your account verified and start investing.

Is Freedom24 Right for You?

This platform may be a great choice if:

  • You want a reliable and regulated broker.
  • You're looking for a wide range of investment options.
  • You want to put idle funds to work.

If you're interested, sign up and try the Freedom24 platform today!

Freedom24