Freedom Company: Reviews of the intermediary. Profitable trading or loss of funds?
Unique review of Freedom Company
On the Freedom Company platform, you will find the convenience of trading from both your PC and mobile device, without any commissions. Funds are instantly withdrawn, and a wide range of tools is available for use. While the organization attracts newcomers, many online reviews point out potential risks in trading with them. In this review, we will examine the validity of their offers and terms.
Results of the site check for Freedom Company
The Freedom Company platform does not disclose information about its experience, but domain history research shows that the site started operating just a few months ago in November 2021. Reviews appeared earlier due to the company having clones under different domains that have already been blacklisted by regulators. However, the site free-dom.co has not yet attracted the attention of supervisory authorities and remains out of the risk zone.
The site is available in two languages – English and Russian. The Moscow office address, combined with reviews, suggests the fraudulent intentions of the false intermediary to deceive local traders. Furthermore, reviews claim that there was never an office of Freedom Company in the Moscow City Business Center, a claim confirmed by a specialized service.
Legal analysis
Freedom Company claims compliance with European legislation, however, official documents regarding their operations are in complete disarray. False registration in an offshore territory and subsequent citing of Anguilla in the agreement with clients raise doubts. The assertion of belonging to the Financial Commission is also dubious since Freedom Company is not listed among the members of this organization.
Strained relations with the Central Bank of Russia and negative reviews confirm that this company has malicious intent towards its clients.
Commercial offer
The company offers various account types for trading in markets, with starting deposits ranging from $250 to $10,000+. Their offers include base account currencies, leverage, spreads, and additional services such as webinars and signals. A partnership program is also available, but details are not published on the site.
Client reviews
According to client reviews, Freedom Company is a widely scalable scam scheme. Their inconsistency in domain names and negative feedback indicate dishonesty in their actions.
Fraudulent schemes on the free-dom.co platform
Through the Freedom Company partnership program, they attract newcomers by offering them training on demo accounts. This serves as a prelude to real trading, where scammers can easily extract money from their clients. The platform lacks financial responsibility and client protection.
Conclusions
Freedom Company is not the best choice for trading in financial markets. Their numerous domains and negative reviews indicate their lack of integrity and unwillingness to fulfill their obligations to clients. Engaging in their schemes is done at one’s own risk.