American and European companies are lagging behind Asian and Eastern European companies in terms of IT, functionality and user-friendliness. It is no secret that the informatisation level in Eastern Europe and Asia is much more developed than in Western Europe. And this applies to brokerage applications. Freedom24 from Freedom Holding Corp has one of the most convenient applications in the world in terms of registration and functionality, and the company itself has already entered the top 10 most famous brokers in Eurasia.
And while other companies are catching up in terms of functionality, Freedom24 went further and began accepting deposits through cryptocurrencies, so far only USDT. Although 3% for replenishment is considered too high a commission for a broker, but for those who are disappointed in crypto and want to invest their money in something more tangible, this is a good option.
Expanding to the West
Having started its expansion from Russia and then settled in Kazakhstan, Freedom Holding is gradually entering Europe.
At the moment, the company has more than 600 thousand active brokerage accounts.
In the last quarter of 2024, the company earned $655.2 million. Therefore, it is worth including it in your shortlist.
By the way, in the 5 years that the company entered the market, its shares have grown more than 10 times.
The stoke market is falling
However, now is not the best time to invest in stocks for the long term. Donald Trump and his tariffs have confused investors, and for good reason.
Additional duties and tariffs can raise both the cost of production and the cost of the final product. And this may mean that people will start spending less and this chain of events will lead to the final value of companies.
In February, we saw a significant drop in technology stocks, then they recovered a little, but still lost about 10% of their value. Last week and today, the fall worsened even more. And in total, compared to January, the top 10 NASDAQ stocks lost about 25%, and the S&P500 lost about 12%.
But the decline will stop someday, and the time will come for investors. By the way, Warren Buffett started selling his shares back in January, and now he has gone into cash even more. Although he admits that most of his capital is still in shares.
If you have long wanted to gain financial independence and gradually invest in your future, hold off on this for now. At the moment, you can register and fund your account with the subsidiary Freedom Holding, and when the market reaches the bottom and long-term stability and a clear outline of the future appears, you can buy.
