Choose language

  • cs

  • de

  • el

  • en

  • es

  • et

  • fr

  • it

  • kk

  • lt

  • nl

  • pl

  • pt

  • ro

  • ru

  • uk

  • Čeština

  • Deutsch

  • ελληνική

  • English

  • Español

  • Eesti keel

  • Français

  • Italiano

  • Казақша

  • Lietuvių

  • Nederlands

  • Polski

  • Português

  • Română

  • Русский

  • Українська

How do you prefer to top up your account?

* We don't charge any commission for making deposits into your account

How to participate in an IPO?

To participate in an IPO, an investment account with Freedom Finance must be opened. Since it takes some time to complete a compliance control when opening and topping-up an account, we recommend that you do it in advance. Otherwise, you risk not having time to apply — the exact date of an IPO is announced just a few days before the start of trading.

Step 1. Account opening

In accordance with the requirements of the regulator, to apply for an account — you need to prepare:

  1. A scan of the identity document
  2. A scan of the document confirming the address of residence
  3. Taxpayer number in the country of tax residence

Enter your personal data in the application form, upload supporting documents and fill in your economic profile. We are required to obtain this information under EU legislation. After that, sign the contract via SMS. Everything is done remotely and takes about 15-20 minutes.

We usually consider applications within 15 minutes. After checking the data, we will open an account, create your personal member area and notify you by e-mail.

Start opening an account >>

Step 2. Account deposit

To participate in an IPO, an investment account must have available funds in the amount of at least $2,000. Top-up your account in a convenient way: by bank transfer or bank card. To do this, click on the blue Deposit Funds button in the top menu or go to the Requests/Cash section in the client’s personal member area.

2.1 Deposit by bank transfer

By this way, you can transfer euros or dollars to an investment account. Print the account details in the currency you need in the ‘Requests/Cash’ section:

Make a transfer of the desired amount to the selected bank details in the branch of your bank or independently via internet banking. The commission of a sending bank or a correspondent bank may be charged.

When making a transfer, the bank may require confirmation of opening an investment account. Provide the bank with a notification that came to your email immediately after opening an account.

The money will be credited within one banking day if the initial limit is not exceeded.

The initial limit

When depositing amounts more than the equivalent of €50,000 to an investment account, a proof of the origin of the funds must be provided. This can be one or more of the following documents:

  1. Certificate of payment of taxes — original or a certified copy;
  2. The latest salary payslip and summary — original or a certified copy;
  3. A written confirmation of the annual salary, signed by the employer;
  4. For individual entrepreneurs — the latest financial statements;
  5. If you receive passive income — a coupon income statement or a statement from a European bank;
  6. If you own stocks in business — a confirmation of receipt of dividends;
  7. If you are engaged in investments — a statement of profit from a European broker or an investment company;
  8. Contract of sale of real estate, companies or other assets — original or a certified copy;
  9. A written proof of sale signed by the attorney, lawyer, trustee or the executor;
  10. A will or an act of will — original or a certified copy;
  11. A written confirmation of inheritance signed by the lawyer, attorney, trustee or the executor.

Compliance verification usually takes 1 business day, if the required documents are provided in a timely manner. Immediately after that, the credited funds will be reflected in your account.

2.2. Deposit by bank card

By this way, you can make a deposit only in euros. To top-up your account by bank card, select the appropriate menu item in the ‘Requests/Cash’ section:

The money will be credited instantly. However, in the cases described below, you will not be able to withdraw the money received into the account until you provide the specified evidence:

  1. Exceeding the initial limit of €50,000. It is necessary to provide documents from paragraph 2.1 to confirm the origin of funds.
  2. Mismatch of the cardholder's name with the name to which the account is opened. In this case, you must confirm the physical presence of the card. Provide a photo that displays the first and the last four digits of the card number and the name of the cardholder. The rest of the details must be hidden for safety reasons:

Step 3. Conversion to US dollars

Stocks on the US exchanges are traded for US dollars, but our trading system does not automatically convert the currency. If you make a deposit in euros, they must be exchanged for dollars. However, you must first open a security session.

Security session

To protect an account from unauthorized access, most of the requests in the personal member area are blocked. Click on the ‘Open a secure session’ button and select the ‘Open using SMS password’ option. A message with a one-time password will be sent to the phone number specified during registration. Enter the six-digit confirmation code from the SMS in the appropriate field and open the session:

When opening a security session, you can request other methods of additional authorization — a token or a digital signature. Go to the appropriate menu item under the ‘Requests/Security’ and follow the instructions.


After opening the session, go to the ‘Web-terminal/Account Balance’ section and click the green ‘Exchange’ button next to the USD field:

Enter the amount to be exchanged in the window that opens and confirm the purchase:

Margin Commission

If the account has enough euros, you can submit a request to participate in an IPO even without conversion to dollars. In this case, a request will be executed within the available limit, and your investment account will go into minus in dollars. A commission is charged for the use of margin services in accordance with the tariff plan (12% per annum).

For a commission to stop being accrued, it is necessary to close the dollar minus — make a conversion or top-up the account in dollars by bank transfer.

Step 4. Submission of a request to participate in an IPO

In the client's personal member area, submit a request for the purchase of securities of the issuer (Trade Orders/Participation in IPO) for the desired amount by selecting the Ticker of the company. Before the book closing, a request can be withdrawn. At the time of the book closing, 1 day before the start of the exchange trading, the specified amount will be blocked on the account.

Broker Commission

The commission for participation in an IPO depends on the value of available assets in the investment account on the day preceding an IPO. The amount of the assets consists of the amount of cash and the value of market-valued securities (NAV).

  • If the assets are less than $20,000 — the commission will be 5% of the transaction amount
  • Assets from $20,000 to $49,999 — the commission will be 4% of the transaction amount
  • Assets more than $50,000 — the commission will be 3% of the transaction amount


The actual number of stocks purchased during an IPO depends on supply and demand. The higher underwriter reserves the right to partial execution of collective applications. We do not guarantee and do not affect the allocation process, and the entire amount of stocks received is proportionally distributed among the clients.

Of course, you will only pay for the securities purchased. The rest of the funds will be returned to the account.

Step 5. Start of trading

With the beginning of the public trading on the stock exchange, the purchased securities will appear on the account and a lock-up period will start— a 93-day period of prohibition on sale. You can’t sell stocks, but you can track their current value and growth indicators in your personal member area and a trading terminal.

Forward contract

You can fix the current stock price during the lock-up period for a partial or full number of the securities you purchased. In this case, after the end of the period, the specified amount will be automatically sold, and the proceeds will be credited to your account.

Please note, the sale of a forward contract is made at a discount from the current value of securities. It depends on the price of the stock options and is usually 10-15%, sometimes higher or lower. The exact amount of discount on a particular security is indicated before submitting an order. An order for the sale of a forward cannot be cancelled.

In the client's personal member area (Trade Orders/IPO Forward Sale) specify the number of stocks to be sold and confirm the transaction:

Step 6. Closing a trade

At the end of the lock-up period, you will be able to manage your stocks at your discretion — leave in the portfolio or sell. This can be done in your account by clicking the ‘Sell’ button next to the name of the security. In this case, a commission of 0.5% of the amount of the sale transaction is charged.

Withdrawal of stocks to another depository

You can also withdraw stocks to another depository in your name. Prepare an account certificate and submit a securities transfer request in the ‘Requests/Account settings’ section:

Any questions? Ask them by phone +357 25 257787 or via email [email protected].

Take the first step towards successful investments — open an investment account in Freedom Finance Europe!

Start opening an account >>