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Pros

Offers a wide range of trading assets, allegedly providing access to over 10,000 financial markets.
Provides multiple trading platforms, including quik, net l nevestor, and f-trader, catering to different trader preferences.
Customer support is available in Russian, which can be beneficial for Russian-speaking clients.

Cons

Lacks proper regulation, raising significant concerns about the broker's legitimacy and safety.
Key information such as minimum deposit requirements, maximum leverage, and specific spreads is not disclosed, leading to transparency issues.
No educational resources are offered, which may limit support for beginner traders looking to enhance their trading knowledge.

FFIN broker Accounts

Freedom Broker Account Types

Freedom Broker offers a variety of brokerage account types to cater to different investor needs. Here are the main account types available:

  • Standard Account
    • Target Audience: Advanced investors without access to analytics.
    • Monthly Subscription Fee: $0
    • Transaction Fee: 0.12%
    • Minimum Amount per Order: $1.20
    • US Stock Options Fee: $1 per contract
    • Recommended Tariff (Personal Manager)
      • Target Audience: Investors seeking investment ideas and analytics.
      • Monthly Subscription Fee: $0
      • Transaction Fee: 0.5%
      • Minimum Amount per Order: $1.20
      • US Stock Options Fee: $3 per contract
      • Personal Manager (International)
        • Target Audience: Investors from other countries needing expert advice.
        • Monthly Subscription Fee: $0
        • Transaction Fee: 0.38%
        • Minimum Amount per Order: $1.20
        • US Stock Options Fee: $3 per contract

        All accounts provide access to global investments, including stock markets in Armenia, USA, Germany, UK, Switzerland, and China.

        Freedom Broker Account Opening Process

        Opening a brokerage account with Freedom Broker is a straightforward process. Here are the steps to get started:

        • Apply Now
          • Fill out the application form with your personal data.
          • Get Verified
            • Scan the QR code at the last step of the questionnaire to verify your data.
            • Account Confirmation
              • Wait for confirmation regarding the opening of your account and start investing.

              Requirements for Opening an Account:

              • A photo of the main spread of your passport.
              • A selfie.
              • A document confirming your place of permanent residence (e.g., a bank statement not older than 3 months).

              Currency: The main currency for the brokerage account is USD, and there is no minimum amount required to start investing. Funding can be done via bank transfer.

              For more information, visit Freedom Broker.

FFIN accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FFIN Account