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Freedom Finance belongs to Freedom Holding Corp., the international holding company. Its stock is listed on Nasdaq, one of the key hi-tech exchange floors. The broker ensures access to such stock exchanges in the US as the NYSE, NASDAQ, AMEX, CBOT, CBOE, and CME. The official website reads that the company is one of the first in Russia to grant direct access to US trading floors through the Russian third party under a sub-broker agreement with a large US brokerage firm.
Freedom Finance renders the following services:
- brokerage services
- access to Russian and foreign stock markets
- management of securities
Remarkably, the company is running its own periodical. The Finansist magazine was registered and launched in 2013.
Trading conditions
With the broker, clients can trade the following instruments both in Russian and overseas financial markets:
- shares of Russian leading companies like Gazprom, Sberbank, MTS, Rosneft, Lukoil, Magnit, etc.
- foreign stocks
The broker cares about successful trading of its clients, thus providing analytical reviews, investment solutions, and round-the-clock support of a personal manager.
Trading platforms
- WEB platform is available through the broker’s website as a desktop version or as a mobile app.
- F-Trader is professional trading software in the Russian language to operate in the stock market.
Trading instruments
- shares of Russian and foreign companies
- futures and binary options
- currency pairs
- bonds
- ETF
The company’s custody services embrace the following:
- opening a deposit in the name of its owner or a trustee
- recording and authorization of rights to securities and transfer of such rights
- assistance of securities holders in exercising their rights to such equities, including the right of participating in the management of a listed company to ensure that a client is accrued interest on securities and other payments
- informing clients of details on a securities issuer as well as company events
- appointments with securities issuers and crediting returns to clients’ accounts
- coupon payments and coupon clearance by means of crediting funds to clients’ accounts
The company also renders services of the trust management of clients’ assets, thus arranging the whole process of managing a private capital. Besides, the broker offers consulting services of managing an investment portfolio charging fees under a VIP tariff and assigning an experienced personal manager to guide a client through stock markets.
To make clients aware of developments in the global economy, the website contains the following sections: market reviews and trading ideas, forex news, campaigns of innovative companies, calendars, and reference materials.
On the minus side, the website lacks any information on deposit and withdrawal options, a minimum deposit, a minimum trade size, and leverage.
Customer support
Clients can contact the team via live chat with a personal manager, email, and a few phone numbers. The broker’s offices are situated in 32 cities around Russia, including Moscow. There is a representative office in Almaty, Kazakhstan.
Training courses
The company invites clients to learn trading through workshops, training courses devoted to trading basics, an investment portfolio, binary options and futures. The broker provides clients with a PDF version of its periodical called Finansist.
Feedback from traders
Traders actively comment on their experience with Freedom Finance on the Web. Traders share both negative and positive reviews. Content traders point out convenient and fast deposits to an account, modest commissions, prompt and efficient customer support, smooth order execution, reliable trading strategies, and beneficial trading conditions. At the same time, others complain about their failure to withdraw funds. Another worrisome sign is that some clients suspect that the broker lacks its own funds and is about to go bankrupt soon. Importantly, positive reviews are much more numerous.
Advantages and disadvantages
Pros:
- access to US stock markets
- training courses
- consulting services of a personal manager
- user-friendly trading platforms
- a great number of positive reviews
Cons
- No access to the forex division of the Moscow Exchange
