Will BrokerChooser review "Freedom24" at any time in the future?

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I live in Greece and “Freedom24” is supposedly the bigger broker for individual investors here sod it would help to see your take on their services.

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Hello Freedom24 is an authentic platform for users trying to get into Stock Trading.

They have an active support team that gives you feedback on any issues you may be facing, even though the platform may face some delays in buying and selling everything works fine on a good day and it’s a detailed platform for users just getting started although the user experience may be hectic for a first time user.

Freedom 24 is also licensed to function in the European Union and is listed on NASDAC:FRHC (Freedom Holding Corp) which has a value of about $130+ (at the time of this review)

Freedom Finance Europe is a subsidiary of the international investment group Freedom Holding Corp headquartered in Kazakhstan and USA. The holding’s shares are traded on the Nasdaq stock exchange, and its activities are regulated by the US Securities and Exchange Commission (SEC).

So there you have it, although not detailed but Freedom24 is worth a trial and you can also share your experiences here to make the post better for those looking into Freedom24

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Hi there
thank you for your messages. We know and understand that many other broker comparison sites review Freedom 24 as well as some individuals recommend it too. On the other hand, we de don’t recommend Freedom24 to our users based on the following reasons and as a result we don’t plan to create a review of them:

  • Ongoing Investigations: There are active investigations by U.S. authorities, including the SEC and DOJ, concerning Freedom24’s parent company, Freedom Holding. You can find more details in reports from Reuters and CNBC.
  • Serious Allegations: Hindenburg Research and other sources have published serious allegations about Freedom Group’s activities. Investigations by Hindenburg Research, CNBC, Citron Research, and The Foundation for Financial Journalism raise serious red flags.
  • Regulatory Actions: The Freedom Group has faced regulatory actions in Kazakhstan by the Astana Financial Services Authority and in Cyprus by the Cyprus Securities and Exchange Commission.
  • Class Action Lawsuits: There are pending civil class action lawsuits against Freedom Group and Freedom Holding, as reported by Globe News Wire.
  • Market Manipulation Issues: One of Freedom24’s key partners was previously involved in market manipulation, leading to an SEC fine in 2019. More details are available in the SEC’s official release.

Please let me know if you have any questions.
Best regards,
Adam