One of the many effects of the coronavirus is that it has caused the stock market to boom. Falling interest rates, the growth of online trading platforms, and the sudden explosion in the number of people at home with time in their hands, has sent the number of amateur traders skyrocketing. It has benefited from Freedom Finance Europe Freedom24, the only EU-based stock exchange listed on NASDAQ.
Most trading platforms have reported significant increases in usage and regular private investors now account for 23 percent of all stock trading in the US, more than double what they were in 2019.
Here we take a closer look at one of these trading platforms, Freedom 24operated by Freedom Finance Europe.
What is Freedom Finance Europe?
Freedom Finance Europe It is an international investment company headquartered in Cyprus, with equity of over $142 million and assets under management of $523 million. It is a subsidiary of Freedom Holding Corp., an international strategic investment firm that operates in eight countries – Kazakhstan, Russia, the United States, Germany, Ukraine, Kyrgyzstan, Uzbekistan and Cyprus – and is listed on Nasdaq.
Freedom Holding Corp. More than 2,000 employees and a market value of over $1 billion. Its operations are regulated by the Securities and Exchange Commission (SEC, USA).
What does Freedom Finance Europe do?
Freedom Finance Europe is the only European Union-based stock exchange listed on NASDAQ. Through its own trading platform, Freedom 24You can trade stocks, ETFs and futures from leading companies in the USA, Europe and Asia. You can also buy and sell securities.
Through Freedom24, clients can invest in IPOs in the US and Europe, giving them access to the initial price before the company begins trading. This can be a very profitable way of trading – between the period when the initial price is observed and the closing period ends when the company begins public trading, the price can grow by 10 or even 100 percent. Average profit on all IPOs traded through Freedom24 over the past three months was 78% (in April 2021), with new stars including Airbnb (up 189%), Snowflake (171%) and Unity Software (203%) and Corsair Games (141%).
The exact allocation of shares is calculated according to the client’s rating, with a score ranging from 1/5 (minimum) to 5/5 (maximum). The client can see his rating before applying to trade with the exchange list by logging into his account or via the Freedom24 mobile app. The higher the score, the higher the prize.
Why is Freedom Finance Europe a reliable company?
Freedom Finance Europe is the only EU-listed broker on Nasdaq, the world’s largest technology exchange, whose shares are traded alongside Google, Apple, Facebook and Intel.
The company is fully compliant with MiFID II, a regulatory framework that ensures the highest possible level of investor protection, and is a member of the Association for Financial Markets in Europe (AFME).
Freedom Finance Europe is also rated A (Very Low Risk) by CreditSafe, which is regulated by the Cyprus Securities and Exchange Commission.
What are the benefits of trading on the Freedom24 platform?
One of the main benefits of trading on the Freedom24 platform is the opportunity to participate exclusively in both IPOs in the US and Europe. The past year has already seen a significant increase in listings from the likes of Airbnb, PubMatic, Bumble, Palantir and DoorDash, with IPOs expected in 2021 that include Starlink, Darktrace, Stripe and Lamborghini. Freedom24 only selects top-tier companies for trading and liquidates initial public offerings where traders are likely to be less profitable.
Another good reason to use Freedom 24 The commission is low. Commissions start from $1.20 per trade, which is very advantageous compared to other trading platforms. Deposits and withdrawals are also very fast, with transactions typically taking between 24 and 48 hours to complete.
Finally, traders can access markets around the world, including NYSE, Nasdaq, HKEX, LSE, Deutsche Börse, KASE and MOEX, with clients accessing more than 40,000 financial instruments, including stocks in the S&P 500 and leading companies In the world, options, futures, corporate bonds, government bonds and various investment funds.