The stockbroker has also applied for its Swedish trading license.
As it gears up to launch in Sweden, Freetrade has appointed Karl Broomé as managing director to look after the market.
Broomé joins the challenger stockbroker from JP Morgan, where he previously worked as chief country compliance officer for Sweden and Finland.
Freetrade also confirmed today that it has applied to Sweden’s financial regulator, Finansinspektionen, for its license to start offering trading.
CEO Adam Dodds also announced two new non-executive directors are joining Freetrade’s board, former PwC partner and Swede Annica Lundblad, and Torbjörn Ericsson, CEO of Swedish automated clearing house Bankgirot.
“They each bring a unique perspective and deep knowledge of the financial services industry and we will undoubtedly benefit from their strategic oversight and decades of experience,” said Dodds on the appointments.
The CEO added that he looks forward to bringing “direct access to global stock markets to everyone in Europe”.