Freedom24
- Thread starter Gregor1
- Start date
I also find the app annoyingly complicated. But not the worst, once I found the "Non Trading Orders" menu and the Cash Movements
Doesn't sound like a deposit account to me.
"Every business day, clients' funds from their D-accounts are invested in accordance with the client's order in OTC currency swap transactions. These trades bring the client income of 5.31% in US dollars and 3.88% in euro per annum (adjusted for rounding)."
Savings account
Deposit your funds in a savings D-account at 5.31% in US dollars and 3.88% in euro per annum and generate passive income. Interest on the free cash balance is accrued daily starting from the first day. A savings account is automatically opened together with the trading account to all clients of...
www.freedom24.com
No mention of any guarantee scheme either - from what I can see
Have a read of this report. The report contains some very serious allegations.
Freedom24 deny the allegations.
Freedom24 deny the allegations.
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Yikes.
Ordinarily I’d have stopped reading when I reached “formerly based in Moscow and later moved to Kazakhstan” in the middle of the first paragraph, but I read on out of interest. Don’t think I’d trust them with my email address, never mind my savings.
Ordinarily I’d have stopped reading when I reached “formerly based in Moscow and later moved to Kazakhstan” in the middle of the first paragraph, but I read on out of interest. Don’t think I’d trust them with my email address, never mind my savings.