Luxembourg's most influential publication, Luxemburger Wort, with a daily circulation of 80,000 and a readership of over 170,000, has published an interview with Freedom Finance CEO Timur Turlov.
According to research by Refinitiv, never since the turn of the millennium have so many new companies been present on the NYSE and Nasdaq. At the same time, the amounts raised by newcomers are the highest since 1995. Many European investors want to trade on the US market and participate in the IPOs of US companies.
This opportunity comes courtesy of the online broker Freedom Finance. The platform not only provides access to buy shares in the US, European and Asian markets but also gives access to IPOs. According to Timur Turlov, the CEO of Freedom Holding Corp., which has several divisions in Europe, Asia and the US, America remains one of the world's most important financial centres. The US stock market is very liquid and well-regulated. Innovation is welcomed here and investors have the widest range of opportunities and ideas to invest in.
Founded in 2008, Freedom Finance has become a recognisable brand with a capitalisation of four billion dollars, a listing on Nasdaq and more than one million transactions from 340,000 clients every month.
The company now targets smaller investors in Europe and, according to the founder, its strategy is to democratise the financial market. The platform became available in Luxembourg in June 2021. There are now more than 3000 clients in the Benelux region (Belgium, Netherlands, Luxembourg) with more than 50,000 transactions. Several thousand more clients are expected next year, especially in Luxembourg.
Timur Turlov believes in the prospects of the European market and believes that the selling feature of his holding is its relevance and accuracy of analysis. Freedom Finance's analysts select the best companies and make recommendations regarding promising IPOs. Clients are alerted to interesting deals and given all the help they need. Since 2012, Freedom Finance's analysts have recommended over 263 IPOs and the company has received positive feedback from Bloomberg for its forecast accuracy.
Freedom Finance Europe meets all the requirements of European regulators and is a member of the Association for Financial Markets in Europe (AFME). According to Timur Turlov, the company tries to be digitally accessible to its clients, but if their base grows strongly, an office or even a division can be opened for local support.