Freedom 24

[Yavin4]

I have been looking at savings accounts with higher interest rates than the banks here. I saw @Baptiste Wicht review of WillBe. They have good rates but my search drew me to Freedom 24, which is advertising higher interest for both USD, and EUR. Has anyone used, experienced? I did not see a review of this on Poor Swiss. Unless someone can direct me? Cheers

 

[Baptiste Wicht]

I don't really have an opinion about Freedom24. But the advantage of willbe is that it supports CHF out of the box and has an IBAN to which we can send CHF for free. It's more interesting in CHF than it is in EUR or USD for Swiss investors.

 

[Baptiste Wicht]

After a little more research, I found a report from Hindenburg Research about them. And it does not look good. There are too many red flags by this company.

Freedom Holding Corp: Brazen Sanctions Evasion, Hallmarks Of Fabricated Revenue and Risky Bets with Commingled Customer Funds – Hindenburg Research

hindenburgresearch.com

 

[newiron8]

Everyone talks about that review. Nothing more than that only review . And with no facts just rumors and more rumors .

Kodi​

 

[Baptiste Wicht]

Everyone talks about that review. Nothing more than that only review . And with no facts just rumors and more rumors .

It's true that not all reports by Hindenburg Research are of the same level. However, it's rare that there is a bad report from them on good products, no?