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Freedom 24 Company

  

Freedom24 Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Freedom24, officially known as Freedom Finance Europe Ltd, was founded on August 5, 2013. The company was established to provide a reliable platform for online trading, specializing in stock market investments for both domestic and international clients. It operates under the Freedom24 brand, catering to the needs of investors seeking access to global financial markets.

  

Parent Company/Ownership Structure

  Freedom24 is a subsidiary of Freedom Holding Corp., a publicly traded international investment group listed on the NASDAQ under the ticker symbol FRHC. This parent company provides a robust financial backbone, enabling Freedom24 to leverage its resources and expertise in the financial sector.

  

Headquarters Location

  The headquarters of Freedom24 is located in Germasogeia, Limassol, Cyprus. This strategic location within the European Union allows the company to serve a diverse client base across various regions.

  

Global Business Scope

  Freedom24 operates globally, providing access to major stock exchanges in the United States, Europe, and Asia. The platform allows clients to trade a wide array of financial instruments, including stocks, ETFs, options, and futures. With a focus on accessibility, Freedom24 aims to democratize investment opportunities for retail investors.

  

Main Regulatory Bodies

  Freedom24 is regulated by several authoritative bodies, including:

  • Cyprus Securities and Exchange Commission (CySEC)
  • U.S. Securities and Exchange Commission (SEC)
  • German Federal Financial Supervisory Authority (BaFin)

  These regulatory affiliations ensure that Freedom24 adheres to stringent financial standards and operational guidelines, providing clients with a secure trading environment.

  

2. Company History and Development

  

Key Milestones

  Since its inception, Freedom24 has achieved several key milestones:

  • 2013: Establishment of Freedom Finance Europe Ltd in Cyprus.
  • 2015: Obtained regulatory approval from CySEC, enabling it to operate across EU member states.
  • 2019: Freedom Holding Corp. was listed on NASDAQ, enhancing its visibility and credibility in the global financial markets.

  

Business Expansion Journey

  Freedom24 has steadily expanded its services and geographical reach since its founding. Initially focused on the European market, the company has broadened its operations to include clients from various countries, establishing representative offices in Germany, Spain, and Greece. This expansion strategy has helped the company build a diverse customer base and enhance its market presence.

  

Customer Base Growth

  As of December 2024, Freedom24 has served over 618,000 retail brokerage customers and 1.4 million banking clients. This significant growth reflects the company's commitment to providing quality services and fostering trust among its users.

  

Platform Development History

  Freedom24 has continuously invested in technology to enhance its trading platform. The Freedom24 web platform and mobile app are designed to provide a user-friendly experience, allowing clients to trade seamlessly while accessing real-time market data and analytics.

  

Important Awards or Recognitions Received

  Freedom24 has received recognition for its commitment to investor protection and regulatory compliance. The company is a member of the Association for Financial Markets in Europe (AFME), which underscores its dedication to upholding high standards in the financial industry.

  

3. Trading Services Offered

  

Forex Trading Options

  Freedom24 offers a range of forex trading options, providing access to multiple currency pairs. However, specific details on the number of currency pairs available are not disclosed in the provided information.

  

Stock Trading Options

  The platform provides access to over 1 million financial instruments, including stocks from major exchanges such as NASDAQ, NYSE, and Euronext. Clients can trade a diverse range of companies, from blue-chip stocks to emerging market equities.

  

CFD Trading Products

  Currently, Freedom24 does not offer contracts for difference (CFDs) trading. The platform focuses primarily on traditional stock trading and other exchange-traded instruments.

  

Other Financial Instruments

  In addition to stocks and ETFs, Freedom24 offers various financial instruments, including options and futures. The platform does not support cryptocurrency trading or commodities at this time.

  

Special Services or Unique Advantages

  One of the standout features of Freedom24 is its ability to provide retail investors with access to initial public offerings (IPOs) at pre-market prices. This unique advantage allows clients to invest early in promising companies, potentially benefiting from significant price appreciation.

  

  

Detailed Regulatory Information

  Freedom24 operates under the supervision of several regulatory bodies, ensuring compliance with international financial standards:

  • CySEC: Regulates the company within the European Union.
  • SEC: Oversees the parent company, Freedom Holding Corp., in the United States.
  • BaFin: Provides regulatory oversight in Germany.

  

  Freedom24 is structured as a limited liability company in Cyprus, which allows it to operate across EU member states. The parent company, Freedom Holding Corp., is incorporated in the United States and listed on NASDAQ.

  

Client Fund Protection Measures

  Freedom24 participates in the Investor Compensation Fund (ICF), which protects clients' funds up to €20,000 in the event of insolvency. This measure provides an additional layer of security for investors.

  

Countries/Regions Served

  Freedom24 primarily serves clients in the European Union, with a growing presence in other regions, including Asia and the United States. The company aims to expand its reach further by opening additional offices in various countries.

  

Compliance History

  Freedom24 has maintained a strong compliance record since its establishment. The company adheres to MiFID II regulations, which provide the highest level of investor protection in the EU.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Freedom24 operates in a competitive landscape that includes several key players:

  • eToro: Known for its social trading platform and diverse asset offerings.
  • Interactive Brokers: Offers a wide range of investment products and advanced trading tools.
  • Degiro: A low-cost broker popular among European investors for its competitive pricing.
  •   

    Positioning in the Industry

      Freedom24 positions itself as a reliable and user-friendly platform for retail investors, emphasizing accessibility and comprehensive market access. Its unique offering of IPO access sets it apart from competitors.

      

    Market Differentiation Factors

      Several factors differentiate Freedom24 from its competitors:

    • IPO Access: Allows clients to invest in stocks at pre-market prices.
    • Regulatory Compliance: Strong oversight from multiple regulatory bodies enhances trust.
    • User-Friendly Platform: The intuitive design of the trading platform caters to both novice and experienced investors.

      

    Conclusion

      Freedom24 has established itself as a reputable online broker, offering a diverse range of trading services and a commitment to regulatory compliance. With a growing customer base and a focus on accessibility, Freedom24 continues to empower investors around the globe. As the company evolves, it remains dedicated to providing innovative solutions and exceptional support to its clients.

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