A Visit to Freedom Finance in Kazakhstan - Office Found

Reason for this visit

In recent years, the trading activity in the Kazakhstan stock market has increased, and both trading volume and market capitalization have shown a steady growth trend. The financial market regulation in Kazakhstan is overseen by the National Securities Commission. The commission has established a series of regulatory laws to standardize and promote the healthy development of the capital market. Overall, the regulatory system in Kazakhstan is continuously improving. With the sustained economic growth and enhanced international standing of Kazakhstan, its capital market also faces extensive development opportunities. In the future, Kazakhstan will continue to advance capital market reforms, enhance market transparency and trading efficiency, and draw more domestic and foreign investors to participate. Although the Kazakhstan stock market is still in the development stage, the overall environment and prospects are optimistic. It is believed that in the next few years, this market will make significant progress. In an attempt to provide investors with a comprehensive understanding of the current situation of Kazakhstan brokers, WikiStock survey team is determined to go to the country for on-site visits to local companies.

On-site visit

In this issue, the survey team went to Kazakhstan to visit broker Freedom Finance as planned according to its regulatory address that 3-rd and 7-th floors, Esentai Tower BC, 77/7 Al-Farabi Ave., Almaty 050040, Republic of Kazakhstan.

The investigators arrived at 77/7 Al-Farabi Avenue in Almaty of Kazakhstan for a visit to the brokers office on December 19, 2023, and located Esentai Tower, a modern commercial building at the bustling street in the city center. With a coveted location, the building is easily accessible via different means of pubic transports within walking distance from nearby subway stations.

There was an outdoor building directory, which displayed conspicuously the company name and logo of Freedom Finance. Upon arrival at the building for further investigation, the survey personnel managed to know that people werent allowed to enter without an access card due to the stringent security rules. Therefore, the inspection team failed to visit the office and take photos internally, and the specific office size of the company is unconfirmed.

Through the on-site investigation, it is confirmed that the broker has a physical presence at the location.

Conclusion

The survey team went to Kazakhstan to visit broker Freedom Finance as scheduled, and found the companys name at its regulatory address. This signifies that the broker has a physical business office at the place. Meanwhile, investors are advised to make a judicious decision following an overall consideration.

Disclaimer

The content is used for informational purpose only, and shall not be taken as a final order for making a choice.