At Freedom Broker, clients have access to long-term placement of money with rates of return of up to 7,19% per annum in US dollars and up to 4,3% in euros.
Available terms: 1, 3, 6 and 12 months. The product is similar to bank deposits.
The rate of return: linked to SOFR* and EURIBOR** rates.
You can view current rates in the Freedom Broker platform:
- in the mobile app: "Menu" → "Requests" → "Cash"→ "Long-Term funds placement"
- in the web version: "Member Area" → "Requests" → "Long-Term funds placement"
When you submit an order to place funds, the rate that is current at that time is fixed for you for the entire selected period.
When placing amounts over 100,000 USD or EUR, a bonus is added to the rate of return - the rates are higher.
*SOFR is a daily Secured Overnight Financing Rate. It is published on the website of the Federal Reserve Bank of New York.
**EURIBOR is the Euro Interbank Offered Rate. It is provided by the European Money Markets Institute.