The opening of the representative office of Madrid at the beginning of April is part of the company's geographical expansion strategy. The official launch of the physical office in Spain is aimed at gaining a leading position in the country. Freedom Finance Europe's plans for 2022 include further expansion, including the successive opening of representative offices in Western Europe.
In 2021, the European business of Freedom Holding Corp. has become the growth driver for the entire holding brokerage activity. As of December 31st, 2021, more than 370 thousand client accounts were open with the holding - almost one-third of them (over 110 thousand) were in Europe. As the number of European investors grows, the most urgent task is to provide clients with a comprehensive local service.
Sonia Alegre, director of Freedom Finance Europe Spain, comments on the company's plan for the Iberian Peninsula:
- We provide retail investors with access to already 1 million exchange-traded instruments worldwide. Our solutions in the Freedom24 platform give clients direct access to the US stock market, European and Asian stock exchanges. In doing so, we offer our products not only to private investors but also to institutional investors too. In Spain, Freedom Finance Europe wants to be more than just a trusted online broker for its clients and contribute to the implementation of the marketing policies of the group becoming the ambassador of the best investment ideas. Our aim is to offer investors the best service and customer support in Spanish”.