FinFreedom has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from FinFreedom. This company is a suspected boiler room, a form of online investment fraud. FinFreedom has approached persons without being asked, to offer them investment proposals. A boiler room... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://ffstocks.com.
After doing some research AFTER the fact (I know, I should have done this first), I discovered that FinFreedom is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
My withdrawal from FinFreedom was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for the past year and a half of being strung along.
Pros: Instant funding|Real-time alerts
Cons: Research section could be deeper|Could offer more webinars
FinFreedom locked my account without warning and demanded documents I had already submitted. since last summer later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Regular platform improvements|Detailed reporting|Good analytical tools
Cons: No fractional shares
FinFreedom advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: No hidden fees|Risk management tools|Clean UI
Cons: Research section could be deeper|Account statements could be more detailed
After seeing ads for FinFreedom online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by The Dutch Authority for the Financial Markets. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
For anyone considering FinFreedom, please be aware that this company has been flagged by The Dutch Authority for the Financial Markets. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
KYC with FinFreedom is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Two-factor authentication|Social trading features|Helpful community forum|Responsive team
Cons: Email notifications too frequent
I signed up with FinFreedom through a forum discussion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Demo account available|Automated trading options|Social trading features
Cons: Would like more payment methods|Withdrawal takes 1-2 business days
The mobile app from FinFreedom is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Low minimum deposit|No hidden fees|Professional team|Helpful community forum
Cons: Withdrawal takes 1-2 business days|Limited social trading features
FinFreedom has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Comprehensive tools|Intuitive for beginners|Segregated accounts
Cons: None so far