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  • Der Standard, an Austrian daily, reports that internet broker Freedom Finance is targeting European markets.

Der Standard, an Austrian daily, reports that internet broker Freedom Finance is targeting European markets.

Der Standard, Austria’s national daily with the widest circulation, published an interview with Freedom Holding Corporation CEO Timur Turlov. According to the paper, the successful internet broker is seeking to penetrate the European financial markets.

Der Standard was established in 1988 as a financial journal in the style of the New York Times. Every month, around 20 million users visit the platform.

“Our focus is on providing access to the US market, which is in high demand among our clients,” Timur Turlov noted. “We recognize that the product we provide is competitive on the global market. As a result, we decided to put our strength to the test in Europe,” he adds.

European investors are also eager to participate in the IPOs of American companies, and Freedom Finance is one of the few companies in Europe that offers this service. Timur Turlov explains that this is achieved through collaborations with prominent investment banks. To date, Freedom Finance has provided access to approximately 200 IPOs.

Turlov plans to make the German market the focal point of his European expansion, intending to reach 15,000 clients with assets of up to $400 million.