Online broker Freedom24 reaches 300,000 customers
Online broker Freedom24 on Thursday announced that the number of customers on its trading platform has exceeded 300,000 people, describing this feat as “a significant achievement”.
“This milestone marks an important chapter in the company’s history, reflecting both the platform’s technological excellence and the growing trust of its users,” the company said in an announcement.
“Launched in 2021 as the European branch of the international investment group Freedom Holding Corp., Freedom24 has consistently attracted an increasing number of investors who value its convenience and reliability,” the company added.
The platform, available both via mobile app and the web, provides users with direct access to US, European, and Asian stock exchanges, offering the ability to trade over one million financial instruments, including stocks, options, and exchange-traded funds (ETFs).
In addition to securities trading, Freedom24 offers users a profitable way to invest their available cash.
With a D-Savings account and long-term investment plans, platform users can earn up to 7.97 per cent per annum on USD balances and 5.55 per cent per annum on EUR balances (as of September 25, 2024), with rates linked to the current SOFR and EURIBOR benchmarks.
The advanced technology and high-quality service of our platform have been recognised by numerous prestigious industry awards.
In 2024, Freedom24 was named “Best Multi-Product Broker” in Italy and “Best ETF Broker” in Portugal by the esteemed global financial community, Rankia Awards.
Additionally, for two consecutive years — 2022 and 2023 — the platform received Germany’s top professional honour, the Service Champion Gold Medal, awarded by the German newspaper Die Welt.
Moreover, the platform’s growing popularity has driven a rapid expansion of its European office network.
Last year, Freedom24 Europe opened six new offices to better address client needs and offer support in their native languages.
Freedom24’s European footprint now includes offices in Germany, France, Italy, Spain, the Netherlands, Belgium, Austria, Greece, Poland, Bulgaria, and Cyprus.
The company’s near-term plans include opening offices in Denmark and Lithuania.
Investor confidence in the company also continues to rise, as demonstrated by the growth of Freedom Holding Corp.’s market capitalisation, which now stands at $5.7 billion — more than a sevenfold increase since its listing on the Nasdaq Stock Market in October 2019.
“We would like to thank our customers for their continued trust and support,” the company concluded.