Many investors want to start investing small - with a few hundred US dollars, for example. And only a few brokers are ready to work with such «uninteresting» clients. But Freedom Holding Corp and Freedom Finance believe that investing should be available to everyone, in addition, a small investor can grow into a larger one over time.
Advantages:
- no minimum amount
- no service fee
- quite low commissions for purchases (0.5% + $1.2 per application).
- in addition to traditional methods of replenishing the balance (Swift, Sepa, bank transfer), there is also the possibility of replenishing with a card (but the commission will be 2%), as well as cryptocurrencies, with a commission of 3%. Ideal for those who are tired of watching the volatility of bitcoin or ether, and just want a stable 10% per year from NASDAQ or S&P500.
Remark. Investing is not what you think, what you see in movies or TV shows, no. You can't increase your capital without risk by investing. Investing is a tool for preserving capital, protecting it from devaluation, and for making a small profit. In essence, it's a package to yourself in the future.
You need to earn money in another way, and invest only the surplus, which, in the alternative, you just keep in a bank account, or at home, without making any profit. Anyone who wants to make +50% + 100% in one year will most likely lose their money.
In addition, the Freedom24 tariff does not imply frequent trading, since 0.5% + $1.2 is quite a lot to buy Intel shares today at $22, and sell them in 3 days for $23.
Although the company has a representative office in only 16 countries, it actively works with non-residents, including Russia and Ukraine. Transfer of funds for residents of these countries is possible only through intermediaries, such as Revolut, Wise, Sepa, etc.
Freedom also introduced the Freedom Finance currency into circulation. This is something like a cryptocurrency, but it cannot be bought on exchanges. Only in the Freedom App, or received as bonuses when trading shares, transactions when using a bank card, or cash back.
This coin is tied to a real Freedom Holding Corp. share. 10,000 Coins = 1 share. However, at the moment it is unclear how many coins can be received as cashback, or how much they cost. In fact, this is an interesting advertising campaign to attract new clients to the bank.
Freedom Telecom
Recently, an important addition has appeared in the holding's ecosystem of services - the Freedom Telecom communications operator. «We want to radically improve the quality of available fixed and mobile Internet in Kazakhstan by developing the latest generation networks (5G)», says the company's founder Timur Turlov. It is expected that this could have a powerful multiplier effect on the Kazakh economy by increasing the level of digitalization of many services in various sectors: interaction with government agencies, healthcare (especially telemedicine), education, security, etc.
