Financial Freedom: customer reviews of the company’s performance in 2023

• Categories: CFD-Brokers

Welcome! The essence of the problem for beginners

Many newcomers face the problem of lack of knowledge in investing. That is why they often choose free training and projects with a low entry threshold. Scammers take advantage of this weakness, promising mountains of gold just to gain access to investors’ funds. One of these scammers is Financial Freedom. Reviews about him are just starting to appear, as the project creators strive to attract customers faster and get money.

A look inside the organization

Information about how long Financial Freedom has been in existence and what successes have been achieved during its existence is not disclosed. The first reviews of the company appeared only in December. Analysis of the domain history helped to understand the reason for such uncertainty.

The financial-freedom.financial domain was registered on November 5, 2022. It is questionable to trust such a new project, not confirmed for strength and reliability.

Expressions of partnership value or the possibility of constructive dialogue with the company are quite weak. The only available means of communication is a feedback form. There is no information on the office address, email, and phone on the “Contacts” page.

The structure of the organization’s top management is hidden. This indicates a lack of financial responsibility for the company’s actions. Additionally, there is mention in the footer of the platform of a restriction on regional access. The company refuses to provide services to residents of some countries and shifts the responsibility to customers, citing legislative restrictions.

The website mentions the domain financialfreedoms.io, which is an old web resource of the company. This address automatically redirects to the address financial-freedom.financial, which may indicate an attempt to cover the tracks by scammers.

Legality or deception?

Reviews from deceived traders indicate attempts to seek guidance from regulators who refused due to the falseness of the company. To verify this, let’s look at the user agreement, which states the broker’s address in London and registration certificate number. This certificate does exist, exclusively for FINANCIAL INVESTIGATION AND RECOVERY LTD, issued by the British regulator FCA in 2015. However, the organization featured in the review is completely different. The official website of this financial agent is www.firl.co.uk. Obviously, scammers used this data to confuse clients.

There are few positive reviews about Financial Freedom, but there is enough feedback available to understand: this is a dishonest company. Former clients regret registering on the platform, as many of them have lost significant funds.

Appearance of charlatans

Charlatans claim to provide education on trading in financial markets and help in the process of making deals. Immediately after registration, the user is offered to install software for remote access with the claim of training in practice. However, this is only possible if the broker intends to work honestly — which, unfortunately, does not apply to Financial Freedom.

Conclusions

We believe that traders should not trust Financial Freedom due to the lack of a legal basis for their activities. The company operates outside the law and has no intention of paying profits to customers. This is confirmed by real customer reviews. Therefore, be cautious and choose trusted brokers, do not trust such dubious companies.