Do you want to sign up for Freedom 24 and don't know how?
Today I have a detailed step-by-step guide for you on how to do it.
Let's go straight to the article.
Table of Contents
What is Freedom 24
Η freedom24 is an online broker that offers access to a wide range of investment products, including stocks, ETFs, bonds, futures and options. The company was founded in 2008 and is a subsidiary of Freedom Holding Corp., which is listed on the New York Stock Exchange.
Freedom24 offers a free account for beginner investors, which gives access to key features such as the ability to buy and sell stocks and ETFs. For more advanced investors, the company offers subscription plans that offer access to additional features, such as the ability to trade derivatives and access to brokerage analysts.
Freedom24 is available in more than 20 countries, including Greece. The company offers customer support in Greek and other languages.
Here are some of the key features of Freedom24:
- Access to a wide range of investment products
- Free account for beginner investors
- Subscription plans for more advanced investors
- Customer support in Greek
If you are looking for an online broker to start your investments, Freedom24 is a good choice.
IPO investment in Freedom24
What is an IPO?
An IPO (Initial Public Offering) is the first time a company issues shares to the public. This means that the company becomes publicly listed on a stock exchange, such as the New York Stock Exchange or the Athens Stock Exchange.
IPO is an important process for a company as it allows it to raise funds from the general public. This can be used for various purposes such as expanding the business, acquiring other companies or reducing debt.
Her process IPO it is usually very time consuming and expensive. The company must prepare a Prospectus, which provides information about the company and its shares. The Prospectus must be approved by the relevant regulatory authority.
Within the freedom24 platform we can invest easily and quickly in IPOs,
Invest in ETFs on Freedom24
What are ETFs?
ETFs, or Exchange Traded Funds, are a type of investment fund that trades on exchanges like stocks. The ETF they usually track a stock or bond index, which means their performance will be similar to the performance of the index.
There are many different types of ETFs, which can be divided into two main categories:
- The Corporate ETFs invest in company shares. These ETFs can track indexes, such as the S&P 500 or the NASDAQ 100, or focus on specific sectors of the economy, such as technology or healthcare.
- The Bond ETFs invest in bonds. These ETFs can track indexes, such as the Bloomberg Barclays Aggregate Bond Index, or focus on specific types of bonds, such as government bonds or corporate bonds.
ETFs can be an effective tool for investors of all experience levels. They are a good way to start investing in stocks or bonds as they offer a number of advantages such as liquidity, diversification and low costs.
A big positive privilege that freedom 24 offers is that for 30 days after we register it gives us the privilege to have zero commissions within the platform, ie we can buy and sell whatever we want and we will not pay anything in fees. Personally, it was something that caught my interest.
Now another positive that this platform has is that it is the only European stock company listed on NASDAQ. However, you are controlled by the regulations of the Cyprus Capital Market Commission, BaFin and the SEC.
How to register on Freedom24
Having said some basics about the site let's go open an investment account.
In the first step we will enter her page freedom24 and we will press the "Register" button, then it will ask us to enter an email and a password.
After we press continuously, it will make us fill in our tax headquarters, that is, we put the country we belong to and our VAT number in order for the stock exchange to know their clients.
Then we press if we are an American citizen you press depending on who you are. And we keep pressing.
then on the next page it will ask us to read and accept them and put in a phone number in order to secure our account.
Once the code arrives on our mobile phone, it will put us on a page where we will have to confirm our details. For what convenience do you scan the Qr with the mobile phone to take the necessary photos (ie photo back and forth the identity and a selfie with our face.
Once successfully completed the verification lasting a maximum of 20 minutes will put us on this page.
At this point we will click on where the Deposit Funds account is written, from there we will be able to send money either by card or by sepa, here we can say that it also accepts revolut card which makes it even better.
How to make a deposit at Freedom24
After you have successfully completed your registration, the next step is to send money to the platform, we go to the credit option and we have two options, the first option is via card and we have a limit of up to 50.000 euros, we type in the card details and press credit.
The second option is via ibank where we simply copy the details and send the money to the account that will appear ATTENTION IN THE COMMENTS TO WRITE YOUR ACCOUNT NUMBER SO THEY KNOW WHERE TO SEND THE MONEY.
How to buy shares
After we have deposited the money now we can buy shares, go to the web terminal category.
What we are interested in is these watches that show us that the stock exchanges are never open and closed. + That the weekends are also closed.
In Enter ticket we can write which stock we want and have it down in our list to see very high stock data.
For example we want to buy the uxin share what we first need to do our research and a technical analysis to see if it is in a good place to buy, type uxin sto Enter ticket and then click on the share.
As soon as we click on the stock we see in number two that we get information about the stock in number three is the choice that interests us. At this point we see he writes to us market price this means that if we press purchase order location our stock will be purchased directly.
It has other categories but we will not focus on that. What we are interested in is the market price it writes. We see below how much, objects there we put according to the money we have how many shares we will spend under which it says how much command he writes to us how much the share costs, I personally have chosen a share and he writes to me that it costs $ 3,13, if I put two he will write me $ 6,32 and so on. So we put our shares and press purchase order location and that was it. (Caution to buy shares should be hours when the stock market is open.
Thank you very much I hope I helped and found the guide useful. Any questions you can write to me in the comments below. And always do your research
1 Comment
An excellent driver and Freedom 24 in general has become the best stock market.