<?xml version="1.0" encoding="us-ascii" standalone="yes"?>
<!--XBRL Document Created with XBRLMaster-->
<!--Version: 2.3.08-->
<!--Based on XBRL 2.1-->
<!--Date of creation: 08-06-2021-->
<!--Software architectural design and coding: Dipendra K. Singh-->
<!--Copyright (c) 2021 I-NET Business Solutions, Inc. All Rights Reserved.-->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://freedomholding.com/role/Cover" xlink:href="frhc-20210630.xsd#Cover" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CondensedConsolidatedBalanceSheets" xlink:href="frhc-20210630.xsd#CondensedConsolidatedBalanceSheets" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CondensedConsolidatedBalanceSheetsParenthetical" xlink:href="frhc-20210630.xsd#CondensedConsolidatedBalanceSheetsParenthetical" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CondensedConsolidatedStatementsOfOperationsAndStatementsOfOtherComprehensiveIncomeUnaudited" xlink:href="frhc-20210630.xsd#CondensedConsolidatedStatementsOfOperationsAndStatementsOfOtherComprehensiveIncomeUnaudited" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited" xlink:href="frhc-20210630.xsd#CondensedConsolidatedStatementsOfCashFlowsUnaudited" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CondensedConsolidatedStatementsOfShareholdersEquityUnaudited" xlink:href="frhc-20210630.xsd#CondensedConsolidatedStatementsOfShareholdersEquityUnaudited" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DescriptionOfBusiness" xlink:href="frhc-20210630.xsd#DescriptionOfBusiness" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SummaryOfSignificantAccountingPolicies" xlink:href="frhc-20210630.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CashAndCashEquivalents" xlink:href="frhc-20210630.xsd#CashAndCashEquivalents" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/RestrictedCash" xlink:href="frhc-20210630.xsd#RestrictedCash" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValue" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValue" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/BrokerageAndOtherReceivablesNet" xlink:href="frhc-20210630.xsd#BrokerageAndOtherReceivablesNet" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoansIssued" xlink:href="frhc-20210630.xsd#LoansIssued" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DeferredTaxLiabilities" xlink:href="frhc-20210630.xsd#DeferredTaxLiabilities" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligations" xlink:href="frhc-20210630.xsd#SecuritiesRepurchaseAgreementObligations" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CustomerLiabilities" xlink:href="frhc-20210630.xsd#CustomerLiabilities" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradePayables" xlink:href="frhc-20210630.xsd#TradePayables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SecuritiesSoldNotYetPurchasedAtFairValue" xlink:href="frhc-20210630.xsd#SecuritiesSoldNotYetPurchasedAtFairValue" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoansReceived" xlink:href="frhc-20210630.xsd#LoansReceived" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DebtSecuritiesIssued" xlink:href="frhc-20210630.xsd#DebtSecuritiesIssued" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/RelatedPartyTransactions" xlink:href="frhc-20210630.xsd#RelatedPartyTransactions" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockholdersEquity" xlink:href="frhc-20210630.xsd#StockholdersEquity" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockBasedCompensation" xlink:href="frhc-20210630.xsd#StockBasedCompensation" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LEASES" xlink:href="frhc-20210630.xsd#LEASES" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CommitmentsAndContingencies" xlink:href="frhc-20210630.xsd#CommitmentsAndContingencies" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SubsequentEvents" xlink:href="frhc-20210630.xsd#SubsequentEvents" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="frhc-20210630.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesTables" xlink:href="frhc-20210630.xsd#SummaryOfSignificantAccountingPoliciesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CashAndCashEquivalentsTables" xlink:href="frhc-20210630.xsd#CashAndCashEquivalentsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/RestrictedCashTables" xlink:href="frhc-20210630.xsd#RestrictedCashTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueTables" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValueTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/BrokerageAndOtherReceivablesNetTables" xlink:href="frhc-20210630.xsd#BrokerageAndOtherReceivablesNetTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoanIssuedTables" xlink:href="frhc-20210630.xsd#LoanIssuedTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DeferredTaxLiabilitiesAssetsTables" xlink:href="frhc-20210630.xsd#DeferredTaxLiabilitiesAssetsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligationsTables" xlink:href="frhc-20210630.xsd#SecuritiesRepurchaseAgreementObligationsTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CustomerLiabilitiesTables" xlink:href="frhc-20210630.xsd#CustomerLiabilitiesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradePayablesTables" xlink:href="frhc-20210630.xsd#TradePayablesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoansReceivedTables" xlink:href="frhc-20210630.xsd#LoansReceivedTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DebtSecuritiesIssuedTables" xlink:href="frhc-20210630.xsd#DebtSecuritiesIssuedTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockBasedcompensationTables" xlink:href="frhc-20210630.xsd#StockBasedcompensationTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LeasesTables" xlink:href="frhc-20210630.xsd#LeasesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CommitmentsAndContingenciesTables" xlink:href="frhc-20210630.xsd#CommitmentsAndContingenciesTables" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DescriptionOfBusinessDetailsNarrative" xlink:href="frhc-20210630.xsd#DescriptionOfBusinessDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesDetails" xlink:href="frhc-20210630.xsd#SummaryOfSignificantAccountingPoliciesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:href="frhc-20210630.xsd#SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CashAndCashEquivalentsDetails" xlink:href="frhc-20210630.xsd#CashAndCashEquivalentsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CashAndCashEquivalentsDetails1" xlink:href="frhc-20210630.xsd#CashAndCashEquivalentsDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CashAndCashEquivalentsDetailsNarrative" xlink:href="frhc-20210630.xsd#CashAndCashEquivalentsDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/RestrictedCashDetails" xlink:href="frhc-20210630.xsd#RestrictedCashDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/RestrictedCashDetailsNarrative" xlink:href="frhc-20210630.xsd#RestrictedCashDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValueDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableforsaleSecuritiesAtFairValueDetails1" xlink:href="frhc-20210630.xsd#TradingAndAvailableforsaleSecuritiesAtFairValueDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails2" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValueDetails2" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails3" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValueDetails3" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails4" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValueDetails4" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetailsNarrative" xlink:href="frhc-20210630.xsd#TradingAndAvailableForSaleSecuritiesAtFairValueDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/BrokerageAndOtherReceivablesNetDetails" xlink:href="frhc-20210630.xsd#BrokerageAndOtherReceivablesNetDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/BrokerageAndOtherReceivablesNetDetailsNarrative" xlink:href="frhc-20210630.xsd#BrokerageAndOtherReceivablesNetDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoansIssuedDetails" xlink:href="frhc-20210630.xsd#LoansIssuedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DefferedTaxesLiabilitiesDetails" xlink:href="frhc-20210630.xsd#DefferedTaxesLiabilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DefferedTaxesLiabilitiesDetailsNarrative" xlink:href="frhc-20210630.xsd#DefferedTaxesLiabilitiesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligationsDetails" xlink:href="frhc-20210630.xsd#SecuritiesRepurchaseAgreementObligationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligationsDetailsNarrative" xlink:href="frhc-20210630.xsd#SecuritiesRepurchaseAgreementObligationsDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CustomerLiabilitiesDetails" xlink:href="frhc-20210630.xsd#CustomerLiabilitiesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CustomerLiabilitiesDetailsNarrative" xlink:href="frhc-20210630.xsd#CustomerLiabilitiesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradePayablesDetails" xlink:href="frhc-20210630.xsd#TradePayablesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/TradePayablesDetailsNarrative" xlink:href="frhc-20210630.xsd#TradePayablesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SecuritiesSoldNotYetPurchasedAtFairValueDetailsNarrative" xlink:href="frhc-20210630.xsd#SecuritiesSoldNotYetPurchasedAtFairValueDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoansReceivedDetails" xlink:href="frhc-20210630.xsd#LoansReceivedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LoansReceivedDetailsNarrative" xlink:href="frhc-20210630.xsd#LoansReceivedDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DebtSecuritiesIssuedDetails" xlink:href="frhc-20210630.xsd#DebtSecuritiesIssuedDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/DebtSecuritiesIssuedDetailsNarrative" xlink:href="frhc-20210630.xsd#DebtSecuritiesIssuedDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:href="frhc-20210630.xsd#RelatedPartyTransactionsDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockholdersEquityDetailsNarrative" xlink:href="frhc-20210630.xsd#StockholdersEquityDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockBasedCompensationsDetails" xlink:href="frhc-20210630.xsd#StockBasedCompensationsDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockBasedCompensationsDetails1" xlink:href="frhc-20210630.xsd#StockBasedCompensationsDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockBasedCompensationsDetails2" xlink:href="frhc-20210630.xsd#StockBasedCompensationsDetails2" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/StockBasedCompensationsDetailsNarrative" xlink:href="frhc-20210630.xsd#StockBasedCompensationsDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LeasesDetails" xlink:href="frhc-20210630.xsd#LeasesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LeasesDetails1" xlink:href="frhc-20210630.xsd#LeasesDetails1" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/LeasesDetailsNarrative" xlink:href="frhc-20210630.xsd#LeasesDetailsNarrative" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/CommitmentsAndContingenciesDetails" xlink:href="frhc-20210630.xsd#CommitmentsAndContingenciesDetails" xlink:type="simple" />
  <link:roleRef roleURI="http://freedomholding.com/role/SubsequentEventsDetailsNarrative" xlink:href="frhc-20210630.xsd#SubsequentEventsDetailsNarrative" xlink:type="simple" />
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/Cover" xlink:title="00000001 - Document - Cover Page Information">
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
    <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
    <link:presentationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
    <link:presentationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
    <link:presentationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
    <link:presentationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
    <link:presentationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
    <link:presentationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
    <link:presentationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
    <link:presentationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
    <link:presentationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
    <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
    <link:presentationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
    <link:presentationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
    <link:presentationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
    <link:presentationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
    <link:presentationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
    <link:presentationArc order="16" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
    <link:presentationArc order="17" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
    <link:presentationArc order="18" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
    <link:presentationArc order="19" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
    <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
    <link:presentationArc order="21" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
    <link:presentationArc order="22" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
    <link:presentationArc order="23" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
    <link:presentationArc order="24" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
    <link:presentationArc order="25" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
    <link:presentationArc order="26" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
    <link:presentationArc order="27" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
    <link:presentationArc order="28" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
    <link:presentationArc order="29" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CondensedConsolidatedBalanceSheets" xlink:title="000002 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="loc_us-gaapStatementOfFinancialPositionAbstract_8a2eb2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaapAssetsAbstract_98ce7a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfFinancialPositionAbstract_8a2eb2" xlink:to="loc_us-gaapAssetsAbstract_98ce7a" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Cash" xlink:label="loc_us-gaapCash_ffcd28" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapCash_ffcd28" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashCurrent" xlink:label="loc_us-gaapRestrictedCashCurrent_710554" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapRestrictedCashCurrent_710554" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TradingSecurities" xlink:label="loc_us-gaapTradingSecurities_a1386d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapTradingSecurities_a1386d" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AvailableForSaleSecuritiesAtFairValue" xlink:label="loc_frhcAvailableForSaleSecuritiesAtFairValue_b5fb92" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_frhcAvailableForSaleSecuritiesAtFairValue_b5fb92" order="5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherReceivablesNetCurrent" xlink:label="loc_us-gaapOtherReceivablesNetCurrent_b4480d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapOtherReceivablesNetCurrent_b4480d" order="6" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoanIssued" xlink:label="loc_frhcLoanIssued_6730ce" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_frhcLoanIssued_6730ce" order="7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaapPropertyPlantAndEquipmentNet_76155a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapPropertyPlantAndEquipmentNet_76155a" order="8" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IntangibleAssetsCurrent" xlink:label="loc_us-gaapIntangibleAssetsCurrent_789df9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapIntangibleAssetsCurrent_789df9" order="9" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaapGoodwill_ea38f6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapGoodwill_ea38f6" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinanceLeaseRightOfUseAsset" xlink:label="loc_us-gaapFinanceLeaseRightOfUseAsset_c1051a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapFinanceLeaseRightOfUseAsset_c1051a" order="11" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAssetsCurrent" xlink:label="loc_us-gaapOtherAssetsCurrent_ec8fc6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapOtherAssetsCurrent_ec8fc6" order="12" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Assets" xlink:label="loc_us-gaapAssets_ab7ca2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapAssets_ab7ca2" order="13" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAssetsAbstract_98ce7a" xlink:to="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" order="14" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchase_604f9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchase_604f9a" order="15" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CustomerDepositsCurrent" xlink:label="loc_us-gaapCustomerDepositsCurrent_11df7f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapCustomerDepositsCurrent_11df7f" order="16" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableTradeCurrent" xlink:label="loc_us-gaapAccountsPayableTradeCurrent_96a808" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapAccountsPayableTradeCurrent_96a808" order="17" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_TaxesPayableCurrent" xlink:label="loc_us-gaapTaxesPayableCurrent_1f2d9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapTaxesPayableCurrent_1f2d9a" order="18" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesSoldNotYetPurchaseAtFairValue" xlink:label="loc_frhcSecuritiesSoldNotYetPurchaseAtFairValue_ae5d10" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_frhcSecuritiesSoldNotYetPurchaseAtFairValue_ae5d10" order="19" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoansReceived" xlink:label="loc_frhcLoansReceived_7988e6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_frhcLoansReceived_7988e6" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnsecuredDebt" xlink:label="loc_us-gaapUnsecuredDebt_335258" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapUnsecuredDebt_335258" order="21" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinanceLeaseLiabilityCurrent" xlink:label="loc_us-gaapFinanceLeaseLiabilityCurrent_c258d5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapFinanceLeaseLiabilityCurrent_c258d5" order="22" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredIncomeTaxLiabilitiesNet" xlink:label="loc_us-gaapDeferredIncomeTaxLiabilitiesNet_7fbafd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapDeferredIncomeTaxLiabilitiesNet_7fbafd" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DeferredDistributionPayments" xlink:label="loc_frhcDeferredDistributionPayments_a4539b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_frhcDeferredDistributionPayments_a4539b" order="24" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherAccruedLiabilitiesCurrent" xlink:label="loc_us-gaapOtherAccruedLiabilitiesCurrent_b5c3e7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapOtherAccruedLiabilitiesCurrent_b5c3e7" order="25" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Liabilities" xlink:label="loc_us-gaapLiabilities_b35f53" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapLiabilities_b35f53" order="26" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:label="loc_us-gaapCommitmentsAndContingencies_8c6b73" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapCommitmentsAndContingencies_8c6b73" order="27" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaapStockholdersEquityAbstract_455a24" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLiabilitiesAndStockholdersEquityAbstract_ebc157" xlink:to="loc_us-gaapStockholdersEquityAbstract_455a24" order="28" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockValue" xlink:label="loc_us-gaapCommonStockValue_abcd5a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapCommonStockValue_abcd5a" order="29" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapital" xlink:label="loc_us-gaapAdditionalPaidInCapital_647c9f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapAdditionalPaidInCapital_647c9f" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsAccumulatedDeficit" xlink:label="loc_us-gaapRetainedEarningsAccumulatedDeficit_ef0b5b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapRetainedEarningsAccumulatedDeficit_ef0b5b" order="31" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax_f73549" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTax_f73549" order="32" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_StockholdersEquityAttributableToParent" xlink:label="loc_frhcStockholdersEquityAttributableToParent_410a9b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_frhcStockholdersEquityAttributableToParent_410a9b" order="33" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MinorityInterest" xlink:label="loc_us-gaapMinorityInterest_7e1b05" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapMinorityInterest_7e1b05" order="34" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity_ee2fec" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapStockholdersEquity_ee2fec" order="35" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LiabilitiesAndStockholdersEquity" xlink:label="loc_us-gaapLiabilitiesAndStockholdersEquity_1233b2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_455a24" xlink:to="loc_us-gaapLiabilitiesAndStockholdersEquity_1233b2" order="36" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CondensedConsolidatedBalanceSheetsParenthetical" xlink:title="000003 - Statement - CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:label="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_ba7123" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:label="loc_us-gaapStockholdersEquityAbstract_cebbf9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_ba7123" xlink:to="loc_us-gaapStockholdersEquityAbstract_cebbf9" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockParOrStatedValuePerShare" xlink:label="loc_us-gaapCommonStockParOrStatedValuePerShare_45ccef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_cebbf9" xlink:to="loc_us-gaapCommonStockParOrStatedValuePerShare_45ccef" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesAuthorized" xlink:label="loc_us-gaapCommonStockSharesAuthorized_6df6e0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_cebbf9" xlink:to="loc_us-gaapCommonStockSharesAuthorized_6df6e0" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesIssued" xlink:label="loc_us-gaapCommonStockSharesIssued_9c14ea" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_cebbf9" xlink:to="loc_us-gaapCommonStockSharesIssued_9c14ea" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockSharesOutstanding" xlink:label="loc_us-gaapCommonStockSharesOutstanding_115bc8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStockholdersEquityAbstract_cebbf9" xlink:to="loc_us-gaapCommonStockSharesOutstanding_115bc8" order="5" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CondensedConsolidatedStatementsOfOperationsAndStatementsOfOtherComprehensiveIncomeUnaudited" xlink:title="000004 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeStatementAbstract" xlink:label="loc_us-gaapIncomeStatementAbstract_c98426" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenuesAbstract" xlink:label="loc_us-gaapRevenuesAbstract_9c5639" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeStatementAbstract_c98426" xlink:to="loc_us-gaapRevenuesAbstract_9c5639" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_FeeAndCommissionIncome" xlink:label="loc_frhcFeeAndCommissionIncome_7b88a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_frhcFeeAndCommissionIncome_7b88a3" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentIncomeInterest" xlink:label="loc_us-gaapInvestmentIncomeInterest_fccf5c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_us-gaapInvestmentIncomeInterest_fccf5c" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnrealizedGainOnSecurities" xlink:label="loc_us-gaapUnrealizedGainOnSecurities_c8e927" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_us-gaapUnrealizedGainOnSecurities_c8e927" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ForeignCurrencyTransactionGainBeforeTax" xlink:label="loc_us-gaapForeignCurrencyTransactionGainBeforeTax_370565" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_us-gaapForeignCurrencyTransactionGainBeforeTax_370565" order="5" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeGainLossOnDerivativeNet" xlink:label="loc_us-gaapDerivativeGainLossOnDerivativeNet_6cfb42" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_us-gaapDerivativeGainLossOnDerivativeNet_6cfb42" order="6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaapRevenues_edd4e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_us-gaapRevenues_edd4e3" order="7" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpensesAbstract" xlink:label="loc_us-gaapOperatingExpensesAbstract_a380ad" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRevenuesAbstract_9c5639" xlink:to="loc_us-gaapOperatingExpensesAbstract_a380ad" order="8" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SalesCommissionsAndFees" xlink:label="loc_us-gaapSalesCommissionsAndFees_56f885" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapSalesCommissionsAndFees_56f885" order="9" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaapInterestExpense_412c02" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapInterestExpense_412c02" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingExpenses" xlink:label="loc_us-gaapOperatingExpenses_bac0f1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapOperatingExpenses_bac0f1" order="11" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ProvisionForImpairmentLossesRecoveries" xlink:label="loc_frhcProvisionForImpairmentLossesRecoveries_615731" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_frhcProvisionForImpairmentLossesRecoveries_615731" order="12" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherNonoperatingIncomeExpense" xlink:label="loc_us-gaapOtherNonoperatingIncomeExpense_b2d73c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapOtherNonoperatingIncomeExpense_b2d73c" order="13" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CostsAndExpenses" xlink:label="loc_us-gaapCostsAndExpenses_03acc6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapCostsAndExpenses_03acc6" order="14" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments" xlink:label="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_c7d5a7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapIncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments_c7d5a7" order="15" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxExpenseBenefit" xlink:label="loc_us-gaapIncomeTaxExpenseBenefit_3ef249" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapIncomeTaxExpenseBenefit_3ef249" order="16" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss_cb2815" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapNetIncomeLoss_cb2815" order="17" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapNetIncomeLossAttributableToNoncontrollingInterest_e3bcad" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapNetIncomeLossAttributableToNoncontrollingInterest_e3bcad" order="18" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic" xlink:label="loc_us-gaapNetIncomeLossAvailableToCommonStockholdersBasic_1cd975" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapNetIncomeLossAvailableToCommonStockholdersBasic_1cd975" order="19" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxAbstract" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingExpensesAbstract_a380ad" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ReclassificationAdjustmentRelatingToAvailableForSaleInvestmentsDisposedOfInThePeriodNetOfTaxEffect" xlink:label="loc_frhcReclassificationAdjustmentRelatingToAvailableForSaleInvestmentsDisposedOfInThePeriodNetOfTaxEffect_b5231a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_frhcReclassificationAdjustmentRelatingToAvailableForSaleInvestmentsDisposedOfInThePeriodNetOfTaxEffect_b5231a" order="21" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent" xlink:label="loc_us-gaapOtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent_b02d73" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapOtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent_b02d73" order="22" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossNetOfTax" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax_e43acc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossNetOfTax_e43acc" order="23" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest_0740bf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest_0740bf" order="24" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherComprehensiveIncomeLossTaxPortionAttributableToParent1" xlink:label="loc_us-gaapOtherComprehensiveIncomeLossTaxPortionAttributableToParent1_014cac" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapOtherComprehensiveIncomeLossTaxPortionAttributableToParent1_014cac" order="25" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareBasic" xlink:label="loc_us-gaapEarningsPerShareBasic_3e612c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapEarningsPerShareBasic_3e612c" order="26" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EarningsPerShareDiluted" xlink:label="loc_us-gaapEarningsPerShareDiluted_510395" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapEarningsPerShareDiluted_510395" order="27" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesOutstandingBasic" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic_3b27fe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesOutstandingBasic_3b27fe" order="28" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding" xlink:label="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding_0e6494" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherComprehensiveIncomeLossTaxAbstract_e3c6f6" xlink:to="loc_us-gaapWeightedAverageNumberOfDilutedSharesOutstanding_0e6494" order="29" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CondensedConsolidatedStatementsOfCashFlowsUnaudited" xlink:title="000005 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfCashFlowsAbstract" xlink:label="loc_us-gaapStatementOfCashFlowsAbstract_8c2c1b" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_aaf606" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfCashFlowsAbstract_8c2c1b" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_aaf606" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss_f3567a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_aaf606" xlink:to="loc_us-gaapNetIncomeLoss_f3567a" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:label="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInOperatingActivitiesAbstract_aaf606" xlink:to="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DepreciationAmortizationAndAccretionNet" xlink:label="loc_us-gaapDepreciationAmortizationAndAccretionNet_aa357d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapDepreciationAmortizationAndAccretionNet_aa357d" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NoncashLeaseExpense" xlink:label="loc_frhcNoncashLeaseExpense_551ffd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_frhcNoncashLeaseExpense_551ffd" order="5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInDeferredIncomeTaxes" xlink:label="loc_us-gaapIncreaseDecreaseInDeferredIncomeTaxes_11916b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapIncreaseDecreaseInDeferredIncomeTaxes_11916b" order="6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensation" xlink:label="loc_us-gaapShareBasedCompensation_43258a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapShareBasedCompensation_43258a" order="7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UnrealizedGainLossOnSecurities" xlink:label="loc_us-gaapUnrealizedGainLossOnSecurities_653daa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapUnrealizedGainLossOnSecurities_653daa" order="8" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeGainOnDerivative" xlink:label="loc_us-gaapDerivativeGainOnDerivative_0fe574" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapDerivativeGainOnDerivative_0fe574" order="9" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:label="loc_us-gaapIncreaseDecreaseInInterestPayableNet_83a886" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapIncreaseDecreaseInInterestPayableNet_83a886" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsReceivable_6450ac" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsReceivable_6450ac" order="11" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:label="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_ddb8a5" xlink:to="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" order="12" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInOtherNoncurrentLiabilities_36f359" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInOtherNoncurrentLiabilities_36f359" order="13" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInTradingSecurities" xlink:label="loc_us-gaapIncreaseDecreaseInTradingSecurities_791558" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInTradingSecurities_791558" order="14" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsAndOtherReceivables_19f48e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsAndOtherReceivables_19f48e" order="15" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherAccruedLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInOtherAccruedLiabilities_153e5c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInOtherAccruedLiabilities_153e5c" order="16" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:label="loc_us-gaapIncreaseDecreaseInOtherOperatingAssets_63acf9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInOtherOperatingAssets_63acf9" order="17" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossUnrealizedLoss" xlink:label="loc_us-gaapAvailableForSaleSecuritiesGrossUnrealizedLoss_a61e82" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapAvailableForSaleSecuritiesGrossUnrealizedLoss_a61e82" order="18" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInDerivativeAssetsAndLiabilities_8628cf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInDerivativeAssetsAndLiabilities_8628cf" order="19" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccruedTaxesPayable" xlink:label="loc_us-gaapIncreaseDecreaseInAccruedTaxesPayable_c56811" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInAccruedTaxesPayable_c56811" order="20" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableTrade" xlink:label="loc_us-gaapIncreaseDecreaseInAccountsPayableTrade_745b94" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInAccountsPayableTrade_745b94" order="21" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncreaseDecreaseInOtherCurrentLiabilities" xlink:label="loc_us-gaapIncreaseDecreaseInOtherCurrentLiabilities_ba8162" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapIncreaseDecreaseInOtherCurrentLiabilities_ba8162" order="22" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInOperatingActivities_7b2c71" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapNetCashProvidedByUsedInOperatingActivities_7b2c71" order="23" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncreaseDecreaseInOperatingCapitalAbstract_28f242" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" order="24" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PaymentsToAcquirePropertyPlantAndEquipment" xlink:label="loc_us-gaapPaymentsToAcquirePropertyPlantAndEquipment_fd27fd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" xlink:to="loc_us-gaapPaymentsToAcquirePropertyPlantAndEquipment_fd27fd" order="25" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment" xlink:label="loc_us-gaapProceedsFromSaleOfPropertyPlantAndEquipment_bc7fbd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" xlink:to="loc_us-gaapProceedsFromSaleOfPropertyPlantAndEquipment_bc7fbd" order="26" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ProceedsFromSaleOfAvailableForSaleSecuritiesAtFairValue" xlink:label="loc_frhcProceedsFromSaleOfAvailableForSaleSecuritiesAtFairValue_95ddd3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" xlink:to="loc_frhcProceedsFromSaleOfAvailableForSaleSecuritiesAtFairValue_95ddd3" order="27" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInInvestingActivities_1152ff" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" xlink:to="loc_us-gaapNetCashProvidedByUsedInInvestingActivities_1152ff" order="28" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInInvestingActivitiesAbstract_9d09f6" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" order="29" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase" xlink:label="loc_us-gaapProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_aaf2b5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase_aaf2b5" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromIssuanceOfDebt" xlink:label="loc_us-gaapProceedsFromIssuanceOfDebt_899303" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapProceedsFromIssuanceOfDebt_899303" order="31" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RepurchaseOfDebtSecuritie" xlink:label="loc_frhcRepurchaseOfDebtSecuritie_971e02" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_frhcRepurchaseOfDebtSecuritie_971e02" order="32" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:label="loc_us-gaapNetCashProvidedByUsedInFinancingActivities_f8ff76" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapNetCashProvidedByUsedInFinancingActivities_f8ff76" order="33" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashPeriodIncreaseDecreaseExcludingExchangeRateEffect" xlink:label="loc_us-gaapCashPeriodIncreaseDecreaseExcludingExchangeRateEffect_587788" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapCashPeriodIncreaseDecreaseExcludingExchangeRateEffect_587788" order="34" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease" xlink:label="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease_7a7bb2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapCashAndCashEquivalentsPeriodIncreaseDecrease_7a7bb2" order="35" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapRestrictedCashAndCashEquivalentsAtCarryingValue_c91480" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapRestrictedCashAndCashEquivalentsAtCarryingValue_c91480" order="36" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapRestrictedCashAndCashEquivalentsAtCarryingValue_cb727c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapRestrictedCashAndCashEquivalentsAtCarryingValue_cb727c" order="37" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:label="loc_us-gaapSupplementalCashFlowInformationAbstract_1d0a9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapNetCashProvidedByUsedInFinancingActivitiesAbstract_6dcb94" xlink:to="loc_us-gaapSupplementalCashFlowInformationAbstract_1d0a9a" order="38" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InterestPaidNet" xlink:label="loc_us-gaapInterestPaidNet_45dd52" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowInformationAbstract_1d0a9a" xlink:to="loc_us-gaapInterestPaidNet_45dd52" order="39" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxesPaidNet" xlink:label="loc_us-gaapIncomeTaxesPaidNet_9a032c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowInformationAbstract_1d0a9a" xlink:to="loc_us-gaapIncomeTaxesPaidNet_9a032c" order="40" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SupplementalCashFlowElementsAbstract" xlink:label="loc_us-gaapSupplementalCashFlowElementsAbstract_ac1e6e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowInformationAbstract_1d0a9a" xlink:to="loc_us-gaapSupplementalCashFlowElementsAbstract_ac1e6e" order="41" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_OperatingLeaseRightOfUseAssetsObtainedDisposedOfInExchangeForOperatingLeaseObligationsDuringThePeriodNet" xlink:label="loc_frhcOperatingLeaseRightOfUseAssetsObtainedDisposedOfInExchangeForOperatingLeaseObligationsDuringThePeriodNet_1318f4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowElementsAbstract_ac1e6e" xlink:to="loc_frhcOperatingLeaseRightOfUseAssetsObtainedDisposedOfInExchangeForOperatingLeaseObligationsDuringThePeriodNet_1318f4" order="42" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect" xlink:label="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_133226" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowElementsAbstract_ac1e6e" xlink:to="loc_us-gaapCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_133226" order="43" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CashCashEquivalentsAndRestrictedCashReceivedFromAcquisitions" xlink:label="loc_frhcCashCashEquivalentsAndRestrictedCashReceivedFromAcquisitions_250c62" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowElementsAbstract_ac1e6e" xlink:to="loc_frhcCashCashEquivalentsAndRestrictedCashReceivedFromAcquisitions_250c62" order="44" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalCashCashEquivalentsAndRestrictedCashShownAsInTheStatementOfCashFlows" xlink:label="loc_frhcTotalCashCashEquivalentsAndRestrictedCashShownAsInTheStatementOfCashFlows_440119" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSupplementalCashFlowElementsAbstract_ac1e6e" xlink:to="loc_frhcTotalCashCashEquivalentsAndRestrictedCashShownAsInTheStatementOfCashFlows_440119" order="45" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CondensedConsolidatedStatementsOfShareholdersEquityUnaudited" xlink:title="000006 - Statement - CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS EQUITY (Unaudited)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementOfStockholdersEquityAbstract" xlink:label="loc_us-gaapStatementOfStockholdersEquityAbstract_994bd6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_b1d2f1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementOfStockholdersEquityAbstract_994bd6" xlink:to="loc_us-gaapStatementTable_b1d2f1" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_c06a36" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_b1d2f1" xlink:to="loc_us-gaapStatementLineItems_c06a36" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementEquityComponentsAxis" xlink:label="loc_us-gaapStatementEquityComponentsAxis_83d8f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_b1d2f1" xlink:to="loc_us-gaapStatementEquityComponentsAxis_83d8f7" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityComponentDomain" xlink:label="loc_us-gaapEquityComponentDomain_ac2f24" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementEquityComponentsAxis_83d8f7" xlink:to="loc_us-gaapEquityComponentDomain_ac2f24" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaapCommonStockMember_ebba57" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_ac2f24" xlink:to="loc_us-gaapCommonStockMember_ebba57" order="21" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AdditionalPaidInCapitalMember" xlink:label="loc_us-gaapAdditionalPaidInCapitalMember_632d2a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_ac2f24" xlink:to="loc_us-gaapAdditionalPaidInCapitalMember_632d2a" order="22" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RetainedEarningsMember" xlink:label="loc_us-gaapRetainedEarningsMember_c35114" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_ac2f24" xlink:to="loc_us-gaapRetainedEarningsMember_c35114" order="23" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_us-gaapAccumulatedOtherComprehensiveIncomeMember_a2902a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_ac2f24" xlink:to="loc_us-gaapAccumulatedOtherComprehensiveIncomeMember_a2902a" order="24" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NoncontrollingInterestMember" xlink:label="loc_us-gaapNoncontrollingInterestMember_84ed68" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityComponentDomain_ac2f24" xlink:to="loc_us-gaapNoncontrollingInterestMember_84ed68" order="25" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharesIssued" xlink:label="loc_us-gaapSharesIssued_be9f98" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_us-gaapSharesIssued_be9f98" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity_a6add7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_us-gaapStockholdersEquity_a6add7" order="2" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_StockBasedCompensation" xlink:label="loc_frhcStockBasedCompensation_96d85b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_frhcStockBasedCompensation_96d85b" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ExerciseOfOptions" xlink:label="loc_frhcExerciseOfOptions_e5b78e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_frhcExerciseOfOptions_e5b78e" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TranslationDifference" xlink:label="loc_frhcTranslationDifference_be8abe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_frhcTranslationDifference_be8abe" order="5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NetIncomeLoss" xlink:label="loc_us-gaapNetIncomeLoss_3704e9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_us-gaapNetIncomeLoss_3704e9" order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_StockBasedCompensationShares" xlink:label="loc_frhcStockBasedCompensationShares_639edb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_frhcStockBasedCompensationShares_639edb" order="7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharesIssued" xlink:label="loc_us-gaapSharesIssued_61fb4f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_us-gaapSharesIssued_61fb4f" order="8" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquity" xlink:label="loc_us-gaapStockholdersEquity_307e07" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c06a36" xlink:to="loc_us-gaapStockholdersEquity_307e07" order="9" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DescriptionOfBusiness" xlink:title="000007 - Disclosure - DESCRIPTION OF BUSINESS">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_80a270" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock" xlink:label="loc_us-gaapBusinessDescriptionAndBasisOfPresentationTextBlock_a4258e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_80a270" xlink:to="loc_us-gaapBusinessDescriptionAndBasisOfPresentationTextBlock_a4258e" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SummaryOfSignificantAccountingPolicies" xlink:title="000008 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract_b479cd" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SignificantAccountingPoliciesTextBlock" xlink:label="loc_us-gaapSignificantAccountingPoliciesTextBlock_158a5d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_b479cd" xlink:to="loc_us-gaapSignificantAccountingPoliciesTextBlock_158a5d" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CashAndCashEquivalents" xlink:title="000009 - Disclosure - CASH AND CASH EQUIVALENTS">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAbstract" xlink:label="loc_us-gaapCashAndCashEquivalentsAbstract_0b759c" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsDisclosureTextBlock" xlink:label="loc_us-gaapCashAndCashEquivalentsDisclosureTextBlock_6b91b6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAbstract_0b759c" xlink:to="loc_us-gaapCashAndCashEquivalentsDisclosureTextBlock_6b91b6" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/RestrictedCash" xlink:title="000010 - Disclosure - RESTRICTED CASH">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAbstract" xlink:label="loc_us-gaapRestrictedCashAbstract_c19ebe" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedAssetsDisclosureTextBlock" xlink:label="loc_us-gaapRestrictedAssetsDisclosureTextBlock_a12894" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAbstract_c19ebe" xlink:to="loc_us-gaapRestrictedAssetsDisclosureTextBlock_a12894" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValue" xlink:title="000011 - Disclosure - TRADING AND AVAILABLE-FOR-SALE SECURITIES AT FAIR VALUE">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract" xlink:label="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_59e7d8" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TradingAndAvailableForSaleSecuritiesAtFairValueDisclosureTextBlock" xlink:label="loc_frhcTradingAndAvailableForSaleSecuritiesAtFairValueDisclosureTextBlock_610a6f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_59e7d8" xlink:to="loc_frhcTradingAndAvailableForSaleSecuritiesAtFairValueDisclosureTextBlock_610a6f" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/BrokerageAndOtherReceivablesNet" xlink:title="000012 - Disclosure - BROKERAGE AND OTHER RECEIVABLES, NET">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaapReceivablesAbstract_2767f7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock" xlink:label="loc_us-gaapLoansNotesTradeAndOtherReceivablesDisclosureTextBlock_2c28bb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapReceivablesAbstract_2767f7" xlink:to="loc_us-gaapLoansNotesTradeAndOtherReceivablesDisclosureTextBlock_2c28bb" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoansIssued" xlink:title="000013 - Disclosure - LOANS ISSUED">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoansAndLeasesReceivableDisclosureAbstract" xlink:label="loc_us-gaapLoansAndLeasesReceivableDisclosureAbstract_7ba786" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermDebtTextBlock" xlink:label="loc_us-gaapLongTermDebtTextBlock_2cdabf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLoansAndLeasesReceivableDisclosureAbstract_7ba786" xlink:to="loc_us-gaapLongTermDebtTextBlock_2cdabf" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DeferredTaxLiabilities" xlink:title="000014 - Disclosure - DEFERRED TAX LIABILITIES">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PayablesAndAccrualsAbstract" xlink:label="loc_us-gaapPayablesAndAccrualsAbstract_a139fd" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:label="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_cd5f45" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapPayablesAndAccrualsAbstract_a139fd" xlink:to="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_cd5f45" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligations" xlink:title="000015 - Disclosure - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAbstract" xlink:label="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_a06466" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesRepurchaseAgreementObligationsDisclosureTextBlock" xlink:label="loc_frhcSecuritiesRepurchaseAgreementObligationsDisclosureTextBlock_d3d27b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_a06466" xlink:to="loc_frhcSecuritiesRepurchaseAgreementObligationsDisclosureTextBlock_d3d27b" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CustomerLiabilities" xlink:title="000016 - Disclosure - CUSTOMER LIABILITIES">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractWithCustomerLiabilityAbstract" xlink:label="loc_us-gaapContractWithCustomerLiabilityAbstract_b1bf52" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherLiabilitiesDisclosureTextBlock" xlink:label="loc_us-gaapOtherLiabilitiesDisclosureTextBlock_d21e32" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapContractWithCustomerLiabilityAbstract_b1bf52" xlink:to="loc_us-gaapOtherLiabilitiesDisclosureTextBlock_d21e32" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradePayables" xlink:title="000017 - Disclosure - TRADE PAYABLES">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_81e4c0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock" xlink:label="loc_us-gaapAccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_cb1e7a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_81e4c0" xlink:to="loc_us-gaapAccountsPayableAndAccruedLiabilitiesDisclosureTextBlock_cb1e7a" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SecuritiesSoldNotYetPurchasedAtFairValue" xlink:title="000018 - Disclosure - SECURITIES SOLD, NOT YET PURCHASED AT FAIR VALUE">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CompensationAndRetirementDisclosureAbstract" xlink:label="loc_us-gaapCompensationAndRetirementDisclosureAbstract_fceaf4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesSoldNotYetPurchasedTextBlock" xlink:label="loc_frhcSecuritiesSoldNotYetPurchasedTextBlock_e41cee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCompensationAndRetirementDisclosureAbstract_fceaf4" xlink:to="loc_frhcSecuritiesSoldNotYetPurchasedTextBlock_e41cee" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoansReceived" xlink:title="000019 - Disclosure - LOANS RECEIVED">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract_034228" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoansNotesTradeAndOtherReceivablesExcludingAllowanceForCreditLossesTextBlock" xlink:label="loc_us-gaapLoansNotesTradeAndOtherReceivablesExcludingAllowanceForCreditLossesTextBlock_ac28a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_034228" xlink:to="loc_us-gaapLoansNotesTradeAndOtherReceivablesExcludingAllowanceForCreditLossesTextBlock_ac28a3" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DebtSecuritiesIssued" xlink:title="000020 - Disclosure - DEBT SECURITIES ISSUED">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesAbstract" xlink:label="loc_us-gaapDebtSecuritiesAbstract_b7e6de" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureTextBlock" xlink:label="loc_us-gaapDebtDisclosureTextBlock_9753cc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesAbstract_b7e6de" xlink:to="loc_us-gaapDebtDisclosureTextBlock_9753cc" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/RelatedPartyTransactions" xlink:title="000021 - Disclosure - RELATED PARTY TRANSACTIONS">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaapRelatedPartyTransactionsAbstract_e94dbc" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsDisclosureTextBlock" xlink:label="loc_us-gaapRelatedPartyTransactionsDisclosureTextBlock_20cfca" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsAbstract_e94dbc" xlink:to="loc_us-gaapRelatedPartyTransactionsDisclosureTextBlock_20cfca" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockholdersEquity" xlink:title="000022 - Disclosure - STOCKHOLDERS' EQUITY">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaapEquityAbstract_ae858c" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:label="loc_us-gaapStockholdersEquityNoteDisclosureTextBlock_cacad0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityAbstract_ae858c" xlink:to="loc_us-gaapStockholdersEquityNoteDisclosureTextBlock_cacad0" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockBasedCompensation" xlink:title="000023 - Disclosure - STOCK-BASED COMPENSATION">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="loc_us-gaapShareBasedCompensationAbstract_7016c6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CompensationRelatedCostsPolicyTextBlock" xlink:label="loc_us-gaapCompensationRelatedCostsPolicyTextBlock_a79825" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_7016c6" xlink:to="loc_us-gaapCompensationRelatedCostsPolicyTextBlock_a79825" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LEASES" xlink:title="000024 - Disclosure - LEASES">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaapLeasesAbstract_ce0602" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaapLeasesOfLesseeDisclosureTextBlock_b5299a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_ce0602" xlink:to="loc_us-gaapLeasesOfLesseeDisclosureTextBlock_b5299a" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CommitmentsAndContingencies" xlink:title="000025 - Disclosure - COMMITMENTS AND CONTINGENCIES">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_c6c721" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureTextBlock" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureTextBlock_9bcf45" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_c6c721" xlink:to="loc_us-gaapCommitmentsAndContingenciesDisclosureTextBlock_9bcf45" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SubsequentEvents" xlink:title="000026 - Disclosure - SUBSEQUENT EVENTS">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaapSubsequentEventsAbstract_abec7c" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsTextBlock" xlink:label="loc_us-gaapSubsequentEventsTextBlock_be050a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventsAbstract_abec7c" xlink:to="loc_us-gaapSubsequentEventsTextBlock_be050a" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:title="000027 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract_943755" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AccountingPrinciplesPolicyTextBlock" xlink:label="loc_frhcAccountingPrinciplesPolicyTextBlock_7f9858" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcAccountingPrinciplesPolicyTextBlock_7f9858" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_BasisOfAccountingPolicyPolicyTextBlock" xlink:label="loc_us-gaapBasisOfAccountingPolicyPolicyTextBlock_6ba12b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapBasisOfAccountingPolicyPolicyTextBlock_6ba12b" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ConsolidationVariableInterestEntityPolicy" xlink:label="loc_us-gaapConsolidationVariableInterestEntityPolicy_7f1dfb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapConsolidationVariableInterestEntityPolicy_7f1dfb" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_UseOfEstimates" xlink:label="loc_us-gaapUseOfEstimates_9668fc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapUseOfEstimates_9668fc" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RevenueRecognitionPolicyTextBlock" xlink:label="loc_us-gaapRevenueRecognitionPolicyTextBlock_aa540d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapRevenueRecognitionPolicyTextBlock_aa540d" order="5" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DerivativeFinancialInstruments" xlink:label="loc_frhcDerivativeFinancialInstruments_5d59dd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcDerivativeFinancialInstruments_5d59dd" order="6" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_FunctionalCurrencyPolicyTextBlock" xlink:label="loc_frhcFunctionalCurrencyPolicyTextBlock_613022" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcFunctionalCurrencyPolicyTextBlock_613022" order="7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsPolicyTextBlock" xlink:label="loc_us-gaapCashAndCashEquivalentsPolicyTextBlock_17ec65" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapCashAndCashEquivalentsPolicyTextBlock_17ec65" order="8" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RepurchaseAndResaleAgreementsPolicy" xlink:label="loc_us-gaapRepurchaseAndResaleAgreementsPolicy_4a1644" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapRepurchaseAndResaleAgreementsPolicy_4a1644" order="9" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AvailableForSaleSecuritiesPolicyTextBlock" xlink:label="loc_frhcAvailableForSaleSecuritiesPolicyTextBlock_23c2b7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcAvailableForSaleSecuritiesPolicyTextBlock_23c2b7" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TradingSecuritiespolicytextblock" xlink:label="loc_frhcTradingSecuritiespolicytextblock_f4cce0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcTradingSecuritiespolicytextblock_f4cce0" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DebtSecuritiesIssuedPolicyTextBlock" xlink:label="loc_frhcDebtSecuritiesIssuedPolicyTextBlock_559fc5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcDebtSecuritiesIssuedPolicyTextBlock_559fc5" order="12" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReceivablesPolicyTextBlock" xlink:label="loc_us-gaapReceivablesPolicyTextBlock_78bbc6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapReceivablesPolicyTextBlock_78bbc6" order="13" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DerecognitionOfFinancialAssetsPolicyTextBlock" xlink:label="loc_frhcDerecognitionOfFinancialAssetsPolicyTextBlock_eedf9e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcDerecognitionOfFinancialAssetsPolicyTextBlock_eedf9e" order="14" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock" xlink:label="loc_us-gaapImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_5bdc28" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapImpairmentOrDisposalOfLongLivedAssetsPolicyTextBlock_5bdc28" order="15" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillAndIntangibleAssetsGoodwillPolicy" xlink:label="loc_us-gaapGoodwillAndIntangibleAssetsGoodwillPolicy_2f9dd9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapGoodwillAndIntangibleAssetsGoodwillPolicy_2f9dd9" order="16" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxPolicyTextBlock" xlink:label="loc_us-gaapIncomeTaxPolicyTextBlock_16c3e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapIncomeTaxPolicyTextBlock_16c3e3" order="17" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_FinancialInstrumentsPolicyTextBlock" xlink:label="loc_frhcFinancialInstrumentsPolicyTextBlock_811758" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcFinancialInstrumentsPolicyTextBlock_811758" order="18" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LessorLeasesPolicyTextBlock" xlink:label="loc_us-gaapLessorLeasesPolicyTextBlock_5b3e70" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapLessorLeasesPolicyTextBlock_5b3e70" order="19" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentPolicyTextBlock" xlink:label="loc_us-gaapPropertyPlantAndEquipmentPolicyTextBlock_c74b83" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapPropertyPlantAndEquipmentPolicyTextBlock_c74b83" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SegmentInformationPolicyTextBlock" xlink:label="loc_frhcSegmentInformationPolicyTextBlock_aa80b4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_frhcSegmentInformationPolicyTextBlock_aa80b4" order="21" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock" xlink:label="loc_us-gaapNewAccountingPronouncementsPolicyPolicyTextBlock_5ef91e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_943755" xlink:to="loc_us-gaapNewAccountingPronouncementsPolicyPolicyTextBlock_5ef91e" order="22" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesTables" xlink:title="000028 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract_20f2bf" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfGoodwillTextBlock" xlink:label="loc_us-gaapScheduleOfGoodwillTextBlock_4309c6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_20f2bf" xlink:to="loc_us-gaapScheduleOfGoodwillTextBlock_4309c6" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CashAndCashEquivalentsTables" xlink:title="000029 - Disclosure - CASH AND CASH EQUIVALENTS (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAbstract" xlink:label="loc_us-gaapCashAndCashEquivalentsAbstract_8756e1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock" xlink:label="loc_us-gaapScheduleOfCashAndCashEquivalentsTableTextBlock_b6dfe4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAbstract_8756e1" xlink:to="loc_us-gaapScheduleOfCashAndCashEquivalentsTableTextBlock_b6dfe4" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRepurchaseAgreements" xlink:label="loc_us-gaapScheduleOfRepurchaseAgreements_57491c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAbstract_8756e1" xlink:to="loc_us-gaapScheduleOfRepurchaseAgreements_57491c" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/RestrictedCashTables" xlink:title="000030 - Disclosure - RESTRICTED CASH (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAbstract" xlink:label="loc_us-gaapRestrictedCashAbstract_fa5ce4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfRestrictedCashAndCashEquivalentsTextBlock" xlink:label="loc_us-gaapScheduleOfRestrictedCashAndCashEquivalentsTextBlock_040c45" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAbstract_fa5ce4" xlink:to="loc_us-gaapScheduleOfRestrictedCashAndCashEquivalentsTextBlock_040c45" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueTables" xlink:title="000031 - Disclosure - TRADING AND AVAILABLE-FOR-SALE SECURITIES AT FAIR VALUE (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract" xlink:label="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_37cb59" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ScheduleOfTradingSecuritiesTableTextBlock" xlink:label="loc_frhcScheduleOfTradingSecuritiesTableTextBlock_cb8153" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_37cb59" xlink:to="loc_frhcScheduleOfTradingSecuritiesTableTextBlock_cb8153" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock" xlink:label="loc_us-gaapFairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_059274" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_37cb59" xlink:to="loc_us-gaapFairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock_059274" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock" xlink:label="loc_us-gaapInvestmentHoldingsScheduleOfInvestmentsTableTextBlock_64d2ea" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_37cb59" xlink:to="loc_us-gaapInvestmentHoldingsScheduleOfInvestmentsTableTextBlock_64d2ea" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:label="loc_us-gaapScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_4055a5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_37cb59" xlink:to="loc_us-gaapScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_4055a5" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/BrokerageAndOtherReceivablesNetTables" xlink:title="000032 - Disclosure - BROKERAGE AND OTHER RECEIVABLES, NET (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaapReceivablesAbstract_6bef91" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ScheduleOfBrokerageAndOtherReceivablesTableTextBlock" xlink:label="loc_frhcScheduleOfBrokerageAndOtherReceivablesTableTextBlock_782465" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapReceivablesAbstract_6bef91" xlink:to="loc_frhcScheduleOfBrokerageAndOtherReceivablesTableTextBlock_782465" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoanIssuedTables" xlink:title="000033 - Disclosure - LOAN ISSUED (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoansAndLeasesReceivableDisclosureAbstract" xlink:label="loc_us-gaapLoansAndLeasesReceivableDisclosureAbstract_a98a34" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ScheduleOfLoansIssued" xlink:label="loc_frhcScheduleOfLoansIssued_443ae7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLoansAndLeasesReceivableDisclosureAbstract_a98a34" xlink:to="loc_frhcScheduleOfLoansIssued_443ae7" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DeferredTaxLiabilitiesAssetsTables" xlink:title="000034 - Disclosure - DEFERRED TAX LIABILITIES ASSETS (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_cc595d" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_us-gaapScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_e94f17" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_cc595d" xlink:to="loc_us-gaapScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock_e94f17" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligationsTables" xlink:title="000035 - Disclosure - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAbstract" xlink:label="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_a9b0ef" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesUnderRepurchaseAgreementObligationsTableTextBlock" xlink:label="loc_frhcSecuritiesUnderRepurchaseAgreementObligationsTableTextBlock_a6bb2e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_a9b0ef" xlink:to="loc_frhcSecuritiesUnderRepurchaseAgreementObligationsTableTextBlock_a6bb2e" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CustomerLiabilitiesTables" xlink:title="000036 - Disclosure - CUSTOMER LIABILITIES (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractWithCustomerLiabilityAbstract" xlink:label="loc_us-gaapContractWithCustomerLiabilityAbstract_d41d01" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock" xlink:label="loc_us-gaapContractWithCustomerAssetAndLiabilityTableTextBlock_cf1e01" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapContractWithCustomerLiabilityAbstract_d41d01" xlink:to="loc_us-gaapContractWithCustomerAssetAndLiabilityTableTextBlock_cf1e01" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradePayablesTables" xlink:title="000037 - Disclosure - TRADE PAYABLES (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_665640" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock" xlink:label="loc_us-gaapScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_364e15" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_665640" xlink:to="loc_us-gaapScheduleOfAccountsPayableAndAccruedLiabilitiesTableTextBlock_364e15" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoansReceivedTables" xlink:title="000038 - Disclosure - LOANS RECEIVED (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract_d6cd8f" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ScheduleOfLoansReceivedTableTextBlock" xlink:label="loc_frhcScheduleOfLoansReceivedTableTextBlock_8e73ba" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_d6cd8f" xlink:to="loc_frhcScheduleOfLoansReceivedTableTextBlock_8e73ba" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DebtSecuritiesIssuedTables" xlink:title="000039 - Disclosure - DEBT SECURITIES ISSUED (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesAbstract" xlink:label="loc_us-gaapDebtSecuritiesAbstract_2c6760" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfDebtTableTextBlock" xlink:label="loc_us-gaapScheduleOfDebtTableTextBlock_757286" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesAbstract_2c6760" xlink:to="loc_us-gaapScheduleOfDebtTableTextBlock_757286" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockBasedcompensationTables" xlink:title="000040 - Disclosure - STOCK-BASEDCOMPENSATION (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="loc_us-gaapShareBasedCompensationAbstract_1fa1dd" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock" xlink:label="loc_us-gaapScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock_f25882" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_1fa1dd" xlink:to="loc_us-gaapScheduleOfShareBasedPaymentAwardEmployeeStockPurchasePlanValuationAssumptionsTableTextBlock_f25882" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock" xlink:label="loc_us-gaapScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_7e4afe" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_1fa1dd" xlink:to="loc_us-gaapScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock_7e4afe" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock" xlink:label="loc_us-gaapScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_f9d5ec" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_1fa1dd" xlink:to="loc_us-gaapScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock_f9d5ec" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ScheduleOfStockOptionsUsingTheBlackScholesOptiontabletextblock" xlink:label="loc_frhcScheduleOfStockOptionsUsingTheBlackScholesOptiontabletextblock_9990d6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_1fa1dd" xlink:to="loc_frhcScheduleOfStockOptionsUsingTheBlackScholesOptiontabletextblock_9990d6" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LeasesTables" xlink:title="000041 - Disclosure - LEASES (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaapLeasesAbstract_5efc31" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesOfLesseeDisclosureTextBlock" xlink:label="loc_us-gaapOperatingLeasesOfLesseeDisclosureTextBlock_9e14a2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_5efc31" xlink:to="loc_us-gaapOperatingLeasesOfLesseeDisclosureTextBlock_9e14a2" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityMaturityTableTextBlock_689c0d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_5efc31" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityMaturityTableTextBlock_689c0d" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CommitmentsAndContingenciesTables" xlink:title="000042 - Disclosure - COMMITMENTS AND CONTINGENCIES (Tables)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_54587e" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ScheduleOfBankGuaranteesTableTextBlock" xlink:label="loc_frhcScheduleOfBankGuaranteesTableTextBlock_a3823f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_54587e" xlink:to="loc_frhcScheduleOfBankGuaranteesTableTextBlock_a3823f" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DescriptionOfBusinessDetailsNarrative" xlink:title="000043 - Disclosure - DESCRIPTION OF BUSINESS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:label="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_c4596e" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_8c3345" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_c4596e" xlink:to="loc_us-gaapStatementTable_8c3345" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_39c671" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c3345" xlink:to="loc_us-gaapStatementLineItems_39c671" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaapRelatedPartyTransactionAxis_98667a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c3345" xlink:to="loc_us-gaapRelatedPartyTransactionAxis_98667a" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaapRelatedPartyTransactionDomain_ea781b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionAxis_98667a" xlink:to="loc_us-gaapRelatedPartyTransactionDomain_ea781b" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_TitleOfIndividualAxis" xlink:label="loc_srtTitleOfIndividualAxis_96c643" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_8c3345" xlink:to="loc_srtTitleOfIndividualAxis_96c643" order="40" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_TitleOfIndividualWithRelationshipToEntityDomain" xlink:label="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_d2f8f3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualAxis_96c643" xlink:to="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_d2f8f3" order="40" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LlcFreedomFinanceUkraineMember" xlink:label="loc_frhcLlcFreedomFinanceUkraineMember_e0477d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_ea781b" xlink:to="loc_frhcLlcFreedomFinanceUkraineMember_e0477d" order="41" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AskarTashtitovMember" xlink:label="loc_frhcAskarTashtitovMember_1381e1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtTitleOfIndividualWithRelationshipToEntityDomain_d2f8f3" xlink:to="loc_frhcAskarTashtitovMember_1381e1" order="42" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VariableInterestEntityOwnershipPercentage" xlink:label="loc_us-gaapVariableInterestEntityOwnershipPercentage_33e7a9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_39c671" xlink:to="loc_us-gaapVariableInterestEntityOwnershipPercentage_33e7a9" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityMethodInvestmentOwnershipPercentage" xlink:label="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_33d33d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_39c671" xlink:to="loc_us-gaapEquityMethodInvestmentOwnershipPercentage_33d33d" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesDetails" xlink:title="000044 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract_bea7a7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaapGoodwill_79e172" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_bea7a7" xlink:to="loc_us-gaapGoodwill_79e172" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_GoodwillForeignCurrencyTranslationGainLoss" xlink:label="loc_us-gaapGoodwillForeignCurrencyTranslationGainLoss_45a12e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_bea7a7" xlink:to="loc_us-gaapGoodwillForeignCurrencyTranslationGainLoss_45a12e" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaapGoodwill_9c0550" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_bea7a7" xlink:to="loc_us-gaapGoodwill_9c0550" order="3" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:title="000045 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountingPoliciesAbstract" xlink:label="loc_us-gaapAccountingPoliciesAbstract_2e20cc" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaapGoodwill_581cff" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountingPoliciesAbstract_2e20cc" xlink:to="loc_us-gaapGoodwill_581cff" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CashAndCashEquivalentsDetails" xlink:title="000046 - Disclosure - CASH AND CASH EQUIVALENTS (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAbstract" xlink:label="loc_us-gaapCashAndCashEquivalentsAbstract_aff50e" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_879d65" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAbstract_aff50e" xlink:to="loc_us-gaapStatementTable_879d65" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_426bd6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_879d65" xlink:to="loc_us-gaapStatementLineItems_426bd6" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeparateAccountAssetCategoryAxis" xlink:label="loc_us-gaapSeparateAccountAssetCategoryAxis_cd833a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_879d65" xlink:to="loc_us-gaapSeparateAccountAssetCategoryAxis_cd833a" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeparateAccountAssetCategoryDomain" xlink:label="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryAxis_cd833a" xlink:to="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountInClearingOrganizationsMember" xlink:label="loc_frhcCurrentAccountInClearingOrganizationsMember_77e8ae" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountInClearingOrganizationsMember_77e8ae" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesPurchasedUnderReverseRepurchaseAgreementsMember" xlink:label="loc_frhcSecuritiesPurchasedUnderReverseRepurchaseAgreementsMember_aa79be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcSecuritiesPurchasedUnderReverseRepurchaseAgreementsMember_aa79be" order="22" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountsWithCommercialBanksMember" xlink:label="loc_frhcCurrentAccountsWithCommercialBanksMember_b306bd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountsWithCommercialBanksMember_b306bd" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AccountsWithStockExchangeMember" xlink:label="loc_frhcAccountsWithStockExchangeMember_9fcd48" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcAccountsWithStockExchangeMember_9fcd48" order="24" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_PettyCashInBankVaultAndOnHandMember" xlink:label="loc_frhcPettyCashInBankVaultAndOnHandMember_92326d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcPettyCashInBankVaultAndOnHandMember_92326d" order="25" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountWithCentralBankRussiaMember" xlink:label="loc_frhcCurrentAccountWithCentralBankRussiaMember_708f7d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountWithCentralBankRussiaMember_708f7d" order="26" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountsWithBrokersMember" xlink:label="loc_frhcCurrentAccountsWithBrokersMember_4514a6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountsWithBrokersMember_4514a6" order="27" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountWithNationalSettlementDepositoryRussiaMember" xlink:label="loc_frhcCurrentAccountWithNationalSettlementDepositoryRussiaMember_30b58e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountWithNationalSettlementDepositoryRussiaMember_30b58e" order="28" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountWithNationalBankKazakhstanMember" xlink:label="loc_frhcCurrentAccountWithNationalBankKazakhstanMember_890f13" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountWithNationalBankKazakhstanMember_890f13" order="29" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CurrentAccountWithCentralDepositoryKazakhstanMember" xlink:label="loc_frhcCurrentAccountWithCentralDepositoryKazakhstanMember_3385f8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_a90360" xlink:to="loc_frhcCurrentAccountWithCentralDepositoryKazakhstanMember_3385f8" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_0e1bad" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_426bd6" xlink:to="loc_us-gaapCashAndCashEquivalentsAtCarryingValue_0e1bad" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CashAndCashEquivalentsDetails1" xlink:title="000047 - Disclosure - CASH AND CASH EQUIVALENTS (Details 1)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAbstract" xlink:label="loc_us-gaapCashAndCashEquivalentsAbstract_97dd5d" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_4d7158" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAbstract_97dd5d" xlink:to="loc_us-gaapStatementTable_4d7158" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_7e89bc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_4d7158" xlink:to="loc_us-gaapStatementLineItems_7e89bc" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_ae124a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_4d7158" xlink:to="loc_us-gaapAwardTypeAxis_ae124a" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_199c37" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_ae124a" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_199c37" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateDebtsMember" xlink:label="loc_frhcCorporateDebtsMember_16cd67" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_199c37" xlink:to="loc_frhcCorporateDebtsMember_16cd67" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_USSovereignDebtMember" xlink:label="loc_frhcUSSovereignDebtMember_7618cb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_199c37" xlink:to="loc_frhcUSSovereignDebtMember_7618cb" order="22" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateEquityMember" xlink:label="loc_frhcCorporateEquityMember_eee193" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_199c37" xlink:to="loc_frhcCorporateEquityMember_eee193" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NonUSSovereignDebtMember" xlink:label="loc_frhcNonUSSovereignDebtMember_20478b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_199c37" xlink:to="loc_frhcNonUSSovereignDebtMember_20478b" order="24" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RemainingContractualMaturityUpTo30Days" xlink:label="loc_frhcRemainingContractualMaturityUpTo30Days_0371ea" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_7e89bc" xlink:to="loc_frhcRemainingContractualMaturityUpTo30Days_0371ea" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RemainingContractualMaturity30To90Days" xlink:label="loc_frhcRemainingContractualMaturity30To90Days_f11d3f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_7e89bc" xlink:to="loc_frhcRemainingContractualMaturity30To90Days_f11d3f" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalContractualMaturity" xlink:label="loc_frhcTotalContractualMaturity_323d58" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_7e89bc" xlink:to="loc_frhcTotalContractualMaturity_323d58" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesReceivedUnderAgreementToRepurchaseAverageInterestRate" xlink:label="loc_frhcSecuritiesReceivedUnderAgreementToRepurchaseAverageInterestRate_b6abf7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_7e89bc" xlink:to="loc_frhcSecuritiesReceivedUnderAgreementToRepurchaseAverageInterestRate_b6abf7" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CashAndCashEquivalentsDetailsNarrative" xlink:title="000048 - Disclosure - CASH AND CASH EQUIVALENTS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_ffeddc" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashFDICInsuredAmount" xlink:label="loc_us-gaapCashFDICInsuredAmount_f6b89f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_ffeddc" xlink:to="loc_us-gaapCashFDICInsuredAmount_f6b89f" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeAssetFairValueOfCollateral" xlink:label="loc_us-gaapDerivativeAssetFairValueOfCollateral_52ee17" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_ffeddc" xlink:to="loc_us-gaapDerivativeAssetFairValueOfCollateral_52ee17" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/RestrictedCashDetails" xlink:title="000049 - Disclosure - RESTRICTED CASH (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAbstract" xlink:label="loc_us-gaapRestrictedCashAbstract_f2b2e2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_5302ac" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAbstract_f2b2e2" xlink:to="loc_us-gaapStatementTable_5302ac" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_ac60a4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_5302ac" xlink:to="loc_us-gaapStatementLineItems_ac60a4" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAxis" xlink:label="loc_us-gaapCashAndCashEquivalentsAxis_7b325c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_5302ac" xlink:to="loc_us-gaapCashAndCashEquivalentsAxis_7b325c" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember" xlink:label="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_fdc395" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAxis_7b325c" xlink:to="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_fdc395" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BrokerageCustomersCashMember" xlink:label="loc_frhcBrokerageCustomersCashMember_cac213" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_fdc395" xlink:to="loc_frhcBrokerageCustomersCashMember_cac213" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DeferredDistributionPaymentsMember" xlink:label="loc_frhcDeferredDistributionPaymentsMember_b51dc7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_fdc395" xlink:to="loc_frhcDeferredDistributionPaymentsMember_b51dc7" order="22" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ReserveWithCentralBankOfRussiaMember" xlink:label="loc_frhcReserveWithCentralBankOfRussiaMember_ad37a4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_fdc395" xlink:to="loc_frhcReserveWithCentralBankOfRussiaMember_ad37a4" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_GuarantyDepositsMember" xlink:label="loc_frhcGuarantyDepositsMember_ddeacb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_fdc395" xlink:to="loc_frhcGuarantyDepositsMember_ddeacb" order="24" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCash" xlink:label="loc_us-gaapRestrictedCash_4ab5d0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_ac60a4" xlink:to="loc_us-gaapRestrictedCash_4ab5d0" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/RestrictedCashDetailsNarrative" xlink:title="000050 - Disclosure - RESTRICTED CASH (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestructuringAndRelatedActivitiesAbstract" xlink:label="loc_us-gaapRestructuringAndRelatedActivitiesAbstract_ba9afa" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_64398c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestructuringAndRelatedActivitiesAbstract_ba9afa" xlink:to="loc_us-gaapStatementTable_64398c" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_c99283" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64398c" xlink:to="loc_us-gaapStatementLineItems_c99283" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAxis" xlink:label="loc_us-gaapCashAndCashEquivalentsAxis_cac815" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_64398c" xlink:to="loc_us-gaapCashAndCashEquivalentsAxis_cac815" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember" xlink:label="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_bb00e1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAxis_cac815" xlink:to="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_bb00e1" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DeferredDistributionPaymentsMember" xlink:label="loc_frhcDeferredDistributionPaymentsMember_28f3b7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_bb00e1" xlink:to="loc_frhcDeferredDistributionPaymentsMember_28f3b7" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCash" xlink:label="loc_us-gaapRestrictedCash_c2d202" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_c99283" xlink:to="loc_us-gaapRestrictedCash_c2d202" order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails" xlink:title="000051 - Disclosure - TRADING AND AVAILABLE FOR SALE SECURITIES AT FAIR VALUE (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaapFairValueDisclosuresAbstract_caf273" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_f73126" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract_caf273" xlink:to="loc_us-gaapStatementTable_f73126" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_704c01" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_f73126" xlink:to="loc_us-gaapStatementLineItems_704c01" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_f22e1f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_f73126" xlink:to="loc_us-gaapAwardTypeAxis_f22e1f" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_f22e1f" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateDebtsMember" xlink:label="loc_frhcCorporateDebtsMember_311e4b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcCorporateDebtsMember_311e4b" order="11" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_PreferredSharesMember" xlink:label="loc_frhcPreferredSharesMember_4e234d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcPreferredSharesMember_4e234d" order="12" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_EquitySecurityMember" xlink:label="loc_frhcEquitySecurityMember_b74113" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcEquitySecurityMember_b74113" order="13" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NonUSSovereignDebtMember" xlink:label="loc_frhcNonUSSovereignDebtMember_7d81a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcNonUSSovereignDebtMember_7d81a3" order="14" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_USSovereignDebtMember" xlink:label="loc_frhcUSSovereignDebtMember_dcbd19" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcUSSovereignDebtMember_dcbd19" order="15" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateEquityMember" xlink:label="loc_frhcCorporateEquityMember_c33774" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcCorporateEquityMember_c33774" order="16" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ExchangeTradedNotesMember" xlink:label="loc_frhcExchangeTradedNotesMember_f6b0a2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_a77a72" xlink:to="loc_frhcExchangeTradedNotesMember_f6b0a2" order="17" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MarketableSecurities" xlink:label="loc_us-gaapMarketableSecurities_f90227" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_704c01" xlink:to="loc_us-gaapMarketableSecurities_f90227" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaapAvailableForSaleSecurities_5694b2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_704c01" xlink:to="loc_us-gaapAvailableForSaleSecurities_5694b2" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="loc_us-gaapAvailableForSaleSecuritiesCurrent_b82621" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_704c01" xlink:to="loc_us-gaapAvailableForSaleSecuritiesCurrent_b82621" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableforsaleSecuritiesAtFairValueDetails1" xlink:title="000052 - Disclosure - TRADING AND AVAILABLEFORSALE SECURITIES AT FAIR VALUE (Details 1)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaapFairValueDisclosuresAbstract_9ea1f0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_914f35" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract_9ea1f0" xlink:to="loc_us-gaapStatementTable_914f35" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_f5be5b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_914f35" xlink:to="loc_us-gaapStatementLineItems_f5be5b" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_ad77f9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_914f35" xlink:to="loc_us-gaapAwardTypeAxis_ad77f9" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_ad77f9" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:label="loc_us-gaapFairValueByFairValueHierarchyLevelAxis_83ec05" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_914f35" xlink:to="loc_us-gaapFairValueByFairValueHierarchyLevelAxis_83ec05" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueMeasurementsFairValueHierarchyDomain" xlink:label="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueByFairValueHierarchyLevelAxis_83ec05" xlink:to="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" order="30" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NonUSSovereignDebtMember" xlink:label="loc_frhcNonUSSovereignDebtMember_b5c772" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcNonUSSovereignDebtMember_b5c772" order="31" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LevelThreeMember" xlink:label="loc_frhcLevelThreeMember_cdfc90" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" xlink:to="loc_frhcLevelThreeMember_cdfc90" order="32" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_USSovereignDebtMember" xlink:label="loc_frhcUSSovereignDebtMember_85b8fb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcUSSovereignDebtMember_85b8fb" order="33" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LevelOneMember" xlink:label="loc_frhcLevelOneMember_5246a6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" xlink:to="loc_frhcLevelOneMember_5246a6" order="34" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ExchangeTradedNotesMember" xlink:label="loc_frhcExchangeTradedNotesMember_bafe49" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcExchangeTradedNotesMember_bafe49" order="35" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LevelTwoMember" xlink:label="loc_frhcLevelTwoMember_16b8dd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" xlink:to="loc_frhcLevelTwoMember_16b8dd" order="36" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:label="loc_us-gaapFairValueInputsLevel1Member_2c2ce6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" xlink:to="loc_us-gaapFairValueInputsLevel1Member_2c2ce6" order="37" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_EquitySecuritieMember" xlink:label="loc_frhcEquitySecuritieMember_1b4e2f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcEquitySecuritieMember_1b4e2f" order="38" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel2Member" xlink:label="loc_us-gaapFairValueInputsLevel2Member_b45db9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" xlink:to="loc_us-gaapFairValueInputsLevel2Member_b45db9" order="39" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueInputsLevel3Member" xlink:label="loc_us-gaapFairValueInputsLevel3Member_063e70" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueMeasurementsFairValueHierarchyDomain_0c041f" xlink:to="loc_us-gaapFairValueInputsLevel3Member_063e70" order="40" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_EquitySecurityMember" xlink:label="loc_frhcEquitySecurityMember_679fa5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcEquitySecurityMember_679fa5" order="41" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateDebtMember" xlink:label="loc_frhcCorporateDebtMember_46d2df" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcCorporateDebtMember_46d2df" order="42" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateEquityMember" xlink:label="loc_frhcCorporateEquityMember_3d5e69" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_0bb0d3" xlink:to="loc_frhcCorporateEquityMember_3d5e69" order="43" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalTradingSecurities" xlink:label="loc_frhcTotalTradingSecurities_b17ea8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f5be5b" xlink:to="loc_frhcTotalTradingSecurities_b17ea8" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaapAvailableForSaleSecurities_b9982e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f5be5b" xlink:to="loc_us-gaapAvailableForSaleSecurities_b9982e" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_MarketableSecurities" xlink:label="loc_us-gaapMarketableSecurities_4964b1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f5be5b" xlink:to="loc_us-gaapMarketableSecurities_4964b1" order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TradingSecuritiesWeightedAverageInterestRate" xlink:label="loc_frhcTradingSecuritiesWeightedAverageInterestRate_2cc703" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f5be5b" xlink:to="loc_frhcTradingSecuritiesWeightedAverageInterestRate_2cc703" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalAvailableForSaleSecuritiesWeightedAverageInterestRate" xlink:label="loc_frhcTotalAvailableForSaleSecuritiesWeightedAverageInterestRate_bfafa9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_f5be5b" xlink:to="loc_frhcTotalAvailableForSaleSecuritiesWeightedAverageInterestRate_bfafa9" order="5" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails2" xlink:title="000053 - Disclosure - TRADING AND AVAILABLE FOR SALE SECURITIES AT FAIR VALUE (Details 2)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract" xlink:label="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_455a30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_47318c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesTradingAndEquitySecuritiesFvNiAbstract_455a30" xlink:to="loc_us-gaapStatementTable_47318c" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_17d10d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_47318c" xlink:to="loc_us-gaapStatementLineItems_17d10d" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_a9befd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_47318c" xlink:to="loc_us-gaapAwardTypeAxis_a9befd" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_a9befd" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NonUSSovereignDebtMember" xlink:label="loc_frhcNonUSSovereignDebtMember_38d68c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" xlink:to="loc_frhcNonUSSovereignDebtMember_38d68c" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateEquityMember" xlink:label="loc_frhcCorporateEquityMember_998711" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" xlink:to="loc_frhcCorporateEquityMember_998711" order="12" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NonUSSovereignDebtOneMember" xlink:label="loc_frhcNonUSSovereignDebtOneMember_99ac9a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" xlink:to="loc_frhcNonUSSovereignDebtOneMember_99ac9a" order="13" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateEquityTwoMember" xlink:label="loc_frhcCorporateEquityTwoMember_767699" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" xlink:to="loc_frhcCorporateEquityTwoMember_767699" order="14" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporatesDebtsMember" xlink:label="loc_frhcCorporatesDebtsMember_a2d607" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_16ea42" xlink:to="loc_frhcCorporatesDebtsMember_a2d607" order="15" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_FairValueOfTradingSecurities" xlink:label="loc_frhcFairValueOfTradingSecurities_603ff8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_17d10d" xlink:to="loc_frhcFairValueOfTradingSecurities_603ff8" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ValuationTechnique" xlink:label="loc_frhcValuationTechnique_18f1f2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_17d10d" xlink:to="loc_frhcValuationTechnique_18f1f2" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateEffectivePercentage" xlink:label="loc_us-gaapDebtInstrumentInterestRateEffectivePercentage_3bc490" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_17d10d" xlink:to="loc_us-gaapDebtInstrumentInterestRateEffectivePercentage_3bc490" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LevelThreeEstimatedNumberOfYears" xlink:label="loc_frhcLevelThreeEstimatedNumberOfYears_227510" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_17d10d" xlink:to="loc_frhcLevelThreeEstimatedNumberOfYears_227510" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SignificantUnobservableInputsOfTradingSecurities" xlink:label="loc_frhcSignificantUnobservableInputsOfTradingSecurities_6f3b66" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_17d10d" xlink:to="loc_frhcSignificantUnobservableInputsOfTradingSecurities_6f3b66" order="5" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SignificantUnobservableInputsOfTradingSecuritiesOne" xlink:label="loc_frhcSignificantUnobservableInputsOfTradingSecuritiesOne_727aca" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_17d10d" xlink:to="loc_frhcSignificantUnobservableInputsOfTradingSecuritiesOne_727aca" order="6" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails3" xlink:title="000054 - Disclosure - TRADING AND AVAILABLE FOR SALE SECURITIES AT FAIR VALUE (Details 3)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_e2e661" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_a66f03" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_e2e661" xlink:to="loc_us-gaapStatementTable_a66f03" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_555eb6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a66f03" xlink:to="loc_us-gaapStatementLineItems_555eb6" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CashAndCashEquivalentsAxis" xlink:label="loc_us-gaapCashAndCashEquivalentsAxis_94025e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a66f03" xlink:to="loc_us-gaapCashAndCashEquivalentsAxis_94025e" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember" xlink:label="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_140d26" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCashAndCashEquivalentsAxis_94025e" xlink:to="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_140d26" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InformationByCategoryOfDebtSecurityAxis" xlink:label="loc_us-gaapInformationByCategoryOfDebtSecurityAxis_8e57a3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_a66f03" xlink:to="loc_us-gaapInformationByCategoryOfDebtSecurityAxis_8e57a3" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:label="loc_us-gaapOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_d537df" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInformationByCategoryOfDebtSecurityAxis_8e57a3" xlink:to="loc_us-gaapOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_d537df" order="30" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TradingSecuritiesMember" xlink:label="loc_frhcTradingSecuritiesMember_20f23e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRestrictedCashAndCashEquivalentsCashAndCashEquivalentsMember_140d26" xlink:to="loc_frhcTradingSecuritiesMember_20f23e" order="31" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableforsaleSecuritiesMember" xlink:label="loc_us-gaapAvailableforsaleSecuritiesMember_efdb21" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_d537df" xlink:to="loc_us-gaapAvailableforsaleSecuritiesMember_efdb21" order="32" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaapInvestments_e396f4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_us-gaapInvestments_e396f4" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SaleOfInvestmentsThatUseLevel3Inputs" xlink:label="loc_frhcSaleOfInvestmentsThatUseLevel3Inputs_a5e37f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_frhcSaleOfInvestmentsThatUseLevel3Inputs_a5e37f" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CostmethodInvestmentsOtherThanTemporaryImpairment" xlink:label="loc_us-gaapCostmethodInvestmentsOtherThanTemporaryImpairment_508ce6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_us-gaapCostmethodInvestmentsOtherThanTemporaryImpairment_508ce6" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RevaluationOfInvestmentsThatUseLevel3Inputs" xlink:label="loc_frhcRevaluationOfInvestmentsThatUseLevel3Inputs_883552" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_frhcRevaluationOfInvestmentsThatUseLevel3Inputs_883552" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_Investments" xlink:label="loc_us-gaapInvestments_67b69c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_us-gaapInvestments_67b69c" order="5" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaapAvailableForSaleSecuritiesDebtSecurities_6c13bb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_us-gaapAvailableForSaleSecuritiesDebtSecurities_6c13bb" order="6" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesTransfersToTradingGainsLossesNet" xlink:label="loc_us-gaapAvailableForSaleSecuritiesTransfersToTradingGainsLossesNet_c36c39" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_us-gaapAvailableForSaleSecuritiesTransfersToTradingGainsLossesNet_c36c39" order="7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesDebtSecurities" xlink:label="loc_us-gaapAvailableForSaleSecuritiesDebtSecurities_02d757" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_555eb6" xlink:to="loc_us-gaapAvailableForSaleSecuritiesDebtSecurities_02d757" order="8" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetails4" xlink:title="000055 - Disclosure - TRADING AND AVAILABLE FOR SALE SECURITIES AT FAIR VALUE (Details 4)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="loc_us-gaapFairValueDisclosuresAbstract_99b5a0" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_6a7433" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFairValueDisclosuresAbstract_99b5a0" xlink:to="loc_us-gaapStatementTable_6a7433" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_47e623" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_6a7433" xlink:to="loc_us-gaapStatementLineItems_47e623" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_b7a010" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_6a7433" xlink:to="loc_us-gaapAwardTypeAxis_b7a010" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_74785b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_b7a010" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_74785b" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_EquitySecurityMember" xlink:label="loc_frhcEquitySecurityMember_70cd9f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_74785b" xlink:to="loc_frhcEquitySecurityMember_70cd9f" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesAmortizedCost" xlink:label="loc_us-gaapAvailableForSaleSecuritiesAmortizedCost_a78035" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_47e623" xlink:to="loc_us-gaapAvailableForSaleSecuritiesAmortizedCost_a78035" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecuritiesGrossUnrealizedGains" xlink:label="loc_us-gaapAvailableForSaleSecuritiesGrossUnrealizedGains_787206" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_47e623" xlink:to="loc_us-gaapAvailableForSaleSecuritiesGrossUnrealizedGains_787206" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AvailableForSaleSecurities" xlink:label="loc_us-gaapAvailableForSaleSecurities_d3a449" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_47e623" xlink:to="loc_us-gaapAvailableForSaleSecurities_d3a449" order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradingAndAvailableForSaleSecuritiesAtFairValueDetailsNarrative" xlink:title="000056 - Disclosure - TRADING AND AVAILABLE FOR SALE SECURITIES AT FAIR VALUE (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:label="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_d81f61" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_14bbc4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract_d81f61" xlink:to="loc_us-gaapStatementTable_14bbc4" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_8065c9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_14bbc4" xlink:to="loc_us-gaapStatementLineItems_8065c9" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaapRelatedPartyTransactionAxis_7a7db7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_14bbc4" xlink:to="loc_us-gaapRelatedPartyTransactionAxis_7a7db7" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaapRelatedPartyTransactionDomain_abd657" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionAxis_7a7db7" xlink:to="loc_us-gaapRelatedPartyTransactionDomain_abd657" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_KazakhstanSustainabilityFundJSCMember" xlink:label="loc_frhcKazakhstanSustainabilityFundJSCMember_99ed03" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_abd657" xlink:to="loc_frhcKazakhstanSustainabilityFundJSCMember_99ed03" order="11" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MinistryOfFinanceOfTheRepublicOfKazakhstanMember" xlink:label="loc_frhcMinistryOfFinanceOfTheRepublicOfKazakhstanMember_f7111c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_abd657" xlink:to="loc_frhcMinistryOfFinanceOfTheRepublicOfKazakhstanMember_f7111c" order="12" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecurities" xlink:label="loc_us-gaapDebtSecurities_a71668" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8065c9" xlink:to="loc_us-gaapDebtSecurities_a71668" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateDuringPeriod" xlink:label="loc_us-gaapDebtInstrumentInterestRateDuringPeriod_6b461d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_8065c9" xlink:to="loc_us-gaapDebtInstrumentInterestRateDuringPeriod_6b461d" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/BrokerageAndOtherReceivablesNetDetails" xlink:title="000057 - Disclosure - BROKERAGE AND OTHER RECEIVABLES NET (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReceivablesAbstract" xlink:label="loc_us-gaapReceivablesAbstract_06aa17" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_1fcfed" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapReceivablesAbstract_06aa17" xlink:to="loc_us-gaapStatementTable_1fcfed" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_50cb6e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1fcfed" xlink:to="loc_us-gaapStatementLineItems_50cb6e" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivablePortfolioSegmentAxis" xlink:label="loc_us-gaapFinancingReceivablePortfolioSegmentAxis_968b5a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1fcfed" xlink:to="loc_us-gaapFinancingReceivablePortfolioSegmentAxis_968b5a" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancingReceivablePortfolioSegmentDomain" xlink:label="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentAxis_968b5a" xlink:to="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:label="loc_us-gaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_c340c9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1fcfed" xlink:to="loc_us-gaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_c340c9" order="40" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ReceivableTypeDomain" xlink:label="loc_us-gaapReceivableTypeDomain_96cb17" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_c340c9" xlink:to="loc_us-gaapReceivableTypeDomain_96cb17" order="40" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MarginLendingReceivablesMember" xlink:label="loc_frhcMarginLendingReceivablesMember_e9234f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcMarginLendingReceivablesMember_e9234f" order="41" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ReceivablesFromBrokerageClientsMember" xlink:label="loc_frhcReceivablesFromBrokerageClientsMember_09f387" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcReceivablesFromBrokerageClientsMember_09f387" order="42" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BondsCouponReceivableMember" xlink:label="loc_frhcBondsCouponReceivableMember_eaa107" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapReceivableTypeDomain_96cb17" xlink:to="loc_frhcBondsCouponReceivableMember_eaa107" order="43" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LongTermInstallmentsReceivablesMember" xlink:label="loc_frhcLongTermInstallmentsReceivablesMember_b92327" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcLongTermInstallmentsReceivablesMember_b92327" order="44" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ReceivableForUnderwritingMarketMakingServicesMember" xlink:label="loc_frhcReceivableForUnderwritingMarketMakingServicesMember_bfe1b3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcReceivableForUnderwritingMarketMakingServicesMember_bfe1b3" order="45" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ReceivableFromPurchaseOrSaleOfSecuritiesMember" xlink:label="loc_frhcReceivableFromPurchaseOrSaleOfSecuritiesMember_bf1831" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcReceivableFromPurchaseOrSaleOfSecuritiesMember_bf1831" order="46" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DividendsAccruedMember" xlink:label="loc_frhcDividendsAccruedMember_09f7b8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcDividendsAccruedMember_09f7b8" order="47" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BankCommissionsReceivableMember" xlink:label="loc_frhcBankCommissionsReceivableMember_0c4fe6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcBankCommissionsReceivableMember_0c4fe6" order="48" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_OthersReceivablesMember" xlink:label="loc_frhcOthersReceivablesMember_8d9831" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcOthersReceivablesMember_8d9831" order="49" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AllowanceForReceivablesMember" xlink:label="loc_frhcAllowanceForReceivablesMember_6568f4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapFinancingReceivablePortfolioSegmentDomain_07e011" xlink:to="loc_frhcAllowanceForReceivablesMember_6568f4" order="50" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherReceivables" xlink:label="loc_us-gaapOtherReceivables_bee3dd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_50cb6e" xlink:to="loc_us-gaapOtherReceivables_bee3dd" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/BrokerageAndOtherReceivablesNetDetailsNarrative" xlink:title="000058 - Disclosure - BROKERAGE AND OTHER RECEIVABLES NET (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RisksAndUncertaintiesAbstract" xlink:label="loc_us-gaapRisksAndUncertaintiesAbstract_9801c6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionDueFromToRelatedParty" xlink:label="loc_us-gaapRelatedPartyTransactionDueFromToRelatedParty_f7a873" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRisksAndUncertaintiesAbstract_9801c6" xlink:to="loc_us-gaapRelatedPartyTransactionDueFromToRelatedParty_f7a873" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DueFromRelatedPartyCustomerPercentage" xlink:label="loc_frhcDueFromRelatedPartyCustomerPercentage_3d2f53" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRisksAndUncertaintiesAbstract_9801c6" xlink:to="loc_frhcDueFromRelatedPartyCustomerPercentage_3d2f53" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AllowanceForBrokerageReceivables" xlink:label="loc_frhcAllowanceForBrokerageReceivables_80cd07" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRisksAndUncertaintiesAbstract_9801c6" xlink:to="loc_frhcAllowanceForBrokerageReceivables_80cd07" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoansIssuedDetails" xlink:title="000059 - Disclosure - LOANS ISSUED (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LoansAndLeasesReceivableDisclosureAbstract" xlink:label="loc_us-gaapLoansAndLeasesReceivableDisclosureAbstract_8ef4c9" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_ebb5c5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLoansAndLeasesReceivableDisclosureAbstract_8ef4c9" xlink:to="loc_us-gaapStatementTable_ebb5c5" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_2ad097" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_ebb5c5" xlink:to="loc_us-gaapStatementLineItems_2ad097" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfFinancingReceivableTypeOfBorrowerAxis" xlink:label="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerAxis_9a4e76" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_ebb5c5" xlink:to="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerAxis_9a4e76" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfFinancingReceivableTypeOfBorrowerDomain" xlink:label="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerAxis_9a4e76" xlink:to="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SubordinatedLoanMember" xlink:label="loc_frhcSubordinatedLoanMember_44fd89" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" xlink:to="loc_frhcSubordinatedLoanMember_44fd89" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UncollateralizedNonBankLoanMember" xlink:label="loc_frhcUncollateralizedNonBankLoanMember_71b0e3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" xlink:to="loc_frhcUncollateralizedNonBankLoanMember_71b0e3" order="22" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UncollateralizedNonBankLoanOneMember" xlink:label="loc_frhcUncollateralizedNonBankLoanOneMember_c3498a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" xlink:to="loc_frhcUncollateralizedNonBankLoanOneMember_c3498a" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SubordinatedLoanOneMember" xlink:label="loc_frhcSubordinatedLoanOneMember_e1985b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" xlink:to="loc_frhcSubordinatedLoanOneMember_e1985b" order="24" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BankCustomerLoansMember" xlink:label="loc_frhcBankCustomerLoansMember_1ec1fa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" xlink:to="loc_frhcBankCustomerLoansMember_1ec1fa" order="25" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BankCustomerLoansOneMember" xlink:label="loc_frhcBankCustomerLoansOneMember_286636" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfFinancingReceivableTypeOfBorrowerDomain_3e5408" xlink:to="loc_frhcBankCustomerLoansOneMember_286636" order="26" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoansReceivableNetReportedAmount" xlink:label="loc_frhcLoansReceivableNetReportedAmount_109bef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2ad097" xlink:to="loc_frhcLoansReceivableNetReportedAmount_109bef" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoanCurrency" xlink:label="loc_frhcLoanCurrency_0df446" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2ad097" xlink:to="loc_frhcLoanCurrency_0df446" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CollateralAlreadyPostedAggregateFairValue" xlink:label="loc_us-gaapCollateralAlreadyPostedAggregateFairValue_06ac67" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2ad097" xlink:to="loc_us-gaapCollateralAlreadyPostedAggregateFairValue_06ac67" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoansIssuedDueDates" xlink:label="loc_frhcLoansIssuedDueDates_52d69c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2ad097" xlink:to="loc_frhcLoansIssuedDueDates_52d69c" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageInterestRate" xlink:label="loc_frhcWeightedAverageInterestRate_d371ed" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_2ad097" xlink:to="loc_frhcWeightedAverageInterestRate_d371ed" order="5" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DefferedTaxesLiabilitiesDetails" xlink:title="000060 - Disclosure - DEFFERED TAXES LIABILITIES (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_5e8b49" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxAssetsNetOfValuationAllowanceAbstract" xlink:label="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_5e8b49" xlink:to="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwards_f79b65" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwards_f79b65" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DeferredTaxAssetsAccruedLiabilities" xlink:label="loc_frhcDeferredTaxAssetsAccruedLiabilities_79c211" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_frhcDeferredTaxAssetsAccruedLiabilities_79c211" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_PropertyPlantAndEquipmentOwnedAccumulatedDepreciation" xlink:label="loc_us-gaapPropertyPlantAndEquipmentOwnedAccumulatedDepreciation_677ce2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_us-gaapPropertyPlantAndEquipmentOwnedAccumulatedDepreciation_677ce2" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RevaluationOnTradingSecurities" xlink:label="loc_frhcRevaluationOnTradingSecurities_cb5749" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_frhcRevaluationOnTradingSecurities_cb5749" order="5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxAssetsValuationAllowance" xlink:label="loc_us-gaapDeferredTaxAssetsValuationAllowance_bb45b6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_us-gaapDeferredTaxAssetsValuationAllowance_bb45b6" order="6" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxAssetsOther" xlink:label="loc_us-gaapDeferredTaxAssetsOther_90fede" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_us-gaapDeferredTaxAssetsOther_90fede" order="7" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxLiabilitiesAbstract" xlink:label="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxAssetsNetOfValuationAllowanceAbstract_38c158" xlink:to="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" order="8" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxLiabilitiesOther" xlink:label="loc_us-gaapDeferredTaxLiabilitiesOther_b74d06" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" xlink:to="loc_us-gaapDeferredTaxLiabilitiesOther_b74d06" order="9" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FiniteLivedIntangibleAssetsGross" xlink:label="loc_us-gaapFiniteLivedIntangibleAssetsGross_9573b4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" xlink:to="loc_us-gaapFiniteLivedIntangibleAssetsGross_9573b4" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubordinatedLongTermDebt" xlink:label="loc_us-gaapSubordinatedLongTermDebt_25b328" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" xlink:to="loc_us-gaapSubordinatedLongTermDebt_25b328" order="11" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxLiabilities" xlink:label="loc_us-gaapDeferredTaxLiabilities_ebfac5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" xlink:to="loc_us-gaapDeferredTaxLiabilities_ebfac5" order="12" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxAssetsLiabilitiesNet" xlink:label="loc_us-gaapDeferredTaxAssetsLiabilitiesNet_3536d5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDeferredTaxLiabilitiesAbstract_8dc902" xlink:to="loc_us-gaapDeferredTaxAssetsLiabilitiesNet_3536d5" order="13" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DefferedTaxesLiabilitiesDetailsNarrative" xlink:title="000061 - Disclosure - DEFFERED TAXES LIABILITIES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_IncomeTaxDisclosureAbstract" xlink:label="loc_us-gaapIncomeTaxDisclosureAbstract_e204c9" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_d8599b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapIncomeTaxDisclosureAbstract_e204c9" xlink:to="loc_us-gaapStatementTable_d8599b" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_1c5b33" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_d8599b" xlink:to="loc_us-gaapStatementLineItems_1c5b33" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_StatementGeographicalAxis" xlink:label="loc_srtStatementGeographicalAxis_41baeb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_d8599b" xlink:to="loc_srtStatementGeographicalAxis_41baeb" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_SegmentGeographicalDomain" xlink:label="loc_srtSegmentGeographicalDomain_a17cf3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtStatementGeographicalAxis_41baeb" xlink:to="loc_srtSegmentGeographicalDomain_a17cf3" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UnitedStatesMember" xlink:label="loc_frhcUnitedStatesMember_326849" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcUnitedStatesMember_326849" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RussianFederationMember" xlink:label="loc_frhcRussianFederationMember_f11a59" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcRussianFederationMember_f11a59" order="22" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_KazakhstanMember" xlink:label="loc_frhcKazakhstanMember_618a71" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcKazakhstanMember_618a71" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_KyrgyzstanMember" xlink:label="loc_frhcKyrgyzstanMember_a563cf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcKyrgyzstanMember_a563cf" order="24" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_GermanyMember" xlink:label="loc_frhcGermanyMember_9d31be" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcGermanyMember_9d31be" order="25" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CyprusMember" xlink:label="loc_frhcCyprusMember_8e264f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcCyprusMember_8e264f" order="26" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UkraineMember" xlink:label="loc_frhcUkraineMember_4330d1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcUkraineMember_4330d1" order="27" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AzerbaijanMember" xlink:label="loc_frhcAzerbaijanMember_a28531" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcAzerbaijanMember_a28531" order="28" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UzbekistanMember" xlink:label="loc_frhcUzbekistanMember_5ecc93" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtSegmentGeographicalDomain_a17cf3" xlink:to="loc_frhcUzbekistanMember_5ecc93" order="29" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DeferredTaxAssetsOperatingLossCarryforwards" xlink:label="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwards_2b0ec6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1c5b33" xlink:to="loc_us-gaapDeferredTaxAssetsOperatingLossCarryforwards_2b0ec6" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_IncomeTaxDescription" xlink:label="loc_frhcIncomeTaxDescription_1d18d0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1c5b33" xlink:to="loc_frhcIncomeTaxDescription_1d18d0" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_IncomeTaxRateForDefferedAssetsAndLiabilities" xlink:label="loc_frhcIncomeTaxRateForDefferedAssetsAndLiabilities_104b88" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_1c5b33" xlink:to="loc_frhcIncomeTaxRateForDefferedAssetsAndLiabilities_104b88" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligationsDetails" xlink:title="000062 - Disclosure - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAbstract" xlink:label="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_363576" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_1d6e1b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_363576" xlink:to="loc_us-gaapStatementTable_1d6e1b" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_39adcf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1d6e1b" xlink:to="loc_us-gaapStatementLineItems_39adcf" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_2bffbd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1d6e1b" xlink:to="loc_us-gaapAwardTypeAxis_2bffbd" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1a750e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_2bffbd" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1a750e" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NonUSSovereignDebtOneMember" xlink:label="loc_frhcNonUSSovereignDebtOneMember_52beba" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1a750e" xlink:to="loc_frhcNonUSSovereignDebtOneMember_52beba" order="11" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_USSovereignDebtMember" xlink:label="loc_frhcUSSovereignDebtMember_d3d86e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1a750e" xlink:to="loc_frhcUSSovereignDebtMember_d3d86e" order="12" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateDebtMember" xlink:label="loc_frhcCorporateDebtMember_f75f4a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1a750e" xlink:to="loc_frhcCorporateDebtMember_f75f4a" order="13" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CorporateEquityMember" xlink:label="loc_frhcCorporateEquityMember_eebc10" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_1a750e" xlink:to="loc_frhcCorporateEquityMember_eebc10" order="14" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesRepurchaseAgreementObligationRemainingContractualMaturityUpTo30Days" xlink:label="loc_frhcSecuritiesRepurchaseAgreementObligationRemainingContractualMaturityUpTo30Days_201918" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_39adcf" xlink:to="loc_frhcSecuritiesRepurchaseAgreementObligationRemainingContractualMaturityUpTo30Days_201918" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesRepurchaseAgreementObligationRemainingContractualMaturity30To90Days" xlink:label="loc_frhcSecuritiesRepurchaseAgreementObligationRemainingContractualMaturity30To90Days_9dc792" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_39adcf" xlink:to="loc_frhcSecuritiesRepurchaseAgreementObligationRemainingContractualMaturity30To90Days_9dc792" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesRepurchaseAgreementObligationTotalContractualMaturity" xlink:label="loc_frhcSecuritiesRepurchaseAgreementObligationTotalContractualMaturity_6830e6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_39adcf" xlink:to="loc_frhcSecuritiesRepurchaseAgreementObligationTotalContractualMaturity_6830e6" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesSoldUnderAgreementToRepurchaseAverageInterestRate" xlink:label="loc_frhcSecuritiesSoldUnderAgreementToRepurchaseAverageInterestRate_2a49c6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_39adcf" xlink:to="loc_frhcSecuritiesSoldUnderAgreementToRepurchaseAverageInterestRate_2a49c6" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SecuritiesRepurchaseAgreementObligationsDetailsNarrative" xlink:title="000063 - Disclosure - SECURITIES REPURCHASE AGREEMENT OBLIGATIONS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseAbstract" xlink:label="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_de5d21" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SecuritiesBorrowedFairValueOfCollateral" xlink:label="loc_us-gaapSecuritiesBorrowedFairValueOfCollateral_9cf98d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSecuritiesSoldUnderAgreementsToRepurchaseAbstract_de5d21" xlink:to="loc_us-gaapSecuritiesBorrowedFairValueOfCollateral_9cf98d" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CustomerLiabilitiesDetails" xlink:title="000064 - Disclosure - CUSTOMER LIABILITIES (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractWithCustomerLiabilityAbstract" xlink:label="loc_us-gaapContractWithCustomerLiabilityAbstract_2d14d6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_86d852" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapContractWithCustomerLiabilityAbstract_2d14d6" xlink:to="loc_us-gaapStatementTable_86d852" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_00eca6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_86d852" xlink:to="loc_us-gaapStatementLineItems_00eca6" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MajorCustomersAxis" xlink:label="loc_srtMajorCustomersAxis_c9e8f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_86d852" xlink:to="loc_srtMajorCustomersAxis_c9e8f7" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_NameOfMajorCustomerDomain" xlink:label="loc_srtNameOfMajorCustomerDomain_368d83" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtMajorCustomersAxis_c9e8f7" xlink:to="loc_srtNameOfMajorCustomerDomain_368d83" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BrokerageCustomersMember" xlink:label="loc_frhcBrokerageCustomersMember_d332c0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_368d83" xlink:to="loc_frhcBrokerageCustomersMember_d332c0" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BankingCustomersMember" xlink:label="loc_frhcBankingCustomersMember_868419" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtNameOfMajorCustomerDomain_368d83" xlink:to="loc_frhcBankingCustomersMember_868419" order="22" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CustomerLiabilities" xlink:label="loc_frhcCustomerLiabilities_f591ad" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_00eca6" xlink:to="loc_frhcCustomerLiabilities_f591ad" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CustomerLiabilitiesDetailsNarrative" xlink:title="000065 - Disclosure - CUSTOMER LIABILITIES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ContractWithCustomerLiabilityAbstract" xlink:label="loc_us-gaapContractWithCustomerLiabilityAbstract_f15fb3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaapAccountsPayableCurrent_df9b45" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapContractWithCustomerLiabilityAbstract_f15fb3" xlink:to="loc_us-gaapAccountsPayableCurrent_df9b45" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DepositsAssetsCurrent" xlink:label="loc_us-gaapDepositsAssetsCurrent_f71671" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapContractWithCustomerLiabilityAbstract_f15fb3" xlink:to="loc_us-gaapDepositsAssetsCurrent_f71671" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradePayablesDetails" xlink:title="000066 - Disclosure - TRADE PAYABLES (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_0186bc" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_1219ba" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_0186bc" xlink:to="loc_us-gaapStatementTable_1219ba" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_a8619b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1219ba" xlink:to="loc_us-gaapStatementLineItems_a8619b" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RegulatoryLiabilityAxis" xlink:label="loc_us-gaapRegulatoryLiabilityAxis_a45f2f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_1219ba" xlink:to="loc_us-gaapRegulatoryLiabilityAxis_a45f2f" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RegulatoryLiabilityDomain" xlink:label="loc_us-gaapRegulatoryLiabilityDomain_b258f4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRegulatoryLiabilityAxis_a45f2f" xlink:to="loc_us-gaapRegulatoryLiabilityDomain_b258f4" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MarginLendingPayableMember" xlink:label="loc_frhcMarginLendingPayableMember_8d04bb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRegulatoryLiabilityDomain_b258f4" xlink:to="loc_frhcMarginLendingPayableMember_8d04bb" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_PayablesToSuppliersOfGoodsAndServicesMember" xlink:label="loc_frhcPayablesToSuppliersOfGoodsAndServicesMember_6cc533" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRegulatoryLiabilityDomain_b258f4" xlink:to="loc_frhcPayablesToSuppliersOfGoodsAndServicesMember_6cc533" order="22" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TradePayableForSecuritiesPurchasedMember" xlink:label="loc_frhcTradePayableForSecuritiesPurchasedMember_cac91e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRegulatoryLiabilityDomain_b258f4" xlink:to="loc_frhcTradePayableForSecuritiesPurchasedMember_cac91e" order="23" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_OtherLiabilityMember" xlink:label="loc_frhcOtherLiabilityMember_901644" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRegulatoryLiabilityDomain_b258f4" xlink:to="loc_frhcOtherLiabilityMember_901644" order="24" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TradePayables" xlink:label="loc_frhcTradePayables_1bde8c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_a8619b" xlink:to="loc_frhcTradePayables_1bde8c" order="1" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/TradePayablesDetailsNarrative" xlink:title="000067 - Disclosure - TRADE PAYABLES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrentAndNoncurrentAbstract" xlink:label="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_ecadf3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_661505" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAccountsPayableCurrentAndNoncurrentAbstract_ecadf3" xlink:to="loc_us-gaapStatementTable_661505" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_339398" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_661505" xlink:to="loc_us-gaapStatementLineItems_339398" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsByRelatedPartyAxis" xlink:label="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis_9d816b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_661505" xlink:to="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis_9d816b" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyDomain" xlink:label="loc_us-gaapRelatedPartyDomain_c707b1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsByRelatedPartyAxis_9d816b" xlink:to="loc_us-gaapRelatedPartyDomain_c707b1" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RelatedPartyMember" xlink:label="loc_frhcRelatedPartyMember_d707ab" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyDomain_c707b1" xlink:to="loc_frhcRelatedPartyMember_d707ab" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RelatedPartyDuePercentage" xlink:label="loc_frhcRelatedPartyDuePercentage_95fc2a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_339398" xlink:to="loc_frhcRelatedPartyDuePercentage_95fc2a" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableCurrent" xlink:label="loc_us-gaapAccountsPayableCurrent_9be843" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_339398" xlink:to="loc_us-gaapAccountsPayableCurrent_9be843" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SecuritiesSoldNotYetPurchasedAtFairValueDetailsNarrative" xlink:title="000068 - Disclosure - SECURITIES SOLD, NOT YET PURCHASED AT FAIR VALUE (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_a42485" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LossOnTheChangeInTheFairValueAndForeignExchangeOfFinancialLiabilities" xlink:label="loc_frhcLossOnTheChangeInTheFairValueAndForeignExchangeOfFinancialLiabilities_b8cfe7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_a42485" xlink:to="loc_frhcLossOnTheChangeInTheFairValueAndForeignExchangeOfFinancialLiabilities_b8cfe7" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ShortPositionAmount" xlink:label="loc_frhcShortPositionAmount_0b7863" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_a42485" xlink:to="loc_frhcShortPositionAmount_0b7863" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SecuritiesSoldNotYetPurchasedAtFairValue" xlink:label="loc_frhcSecuritiesSoldNotYetPurchasedAtFairValue_37bbf3" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_a42485" xlink:to="loc_frhcSecuritiesSoldNotYetPurchasedAtFairValue_37bbf3" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ProceedsFromSaleOfSharesOther" xlink:label="loc_frhcProceedsFromSaleOfSharesOther_7ce209" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_a42485" xlink:to="loc_frhcProceedsFromSaleOfSharesOther_7ce209" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoansReceivedDetails" xlink:title="000069 - Disclosure - LOANS RECEIVED (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract_b153e7" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_Borrower" xlink:label="loc_frhcBorrower_e24698" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcBorrower_e24698" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_Lender" xlink:label="loc_frhcLender_6f6f42" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcLender_6f6f42" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalAmountOutstanding" xlink:label="loc_frhcTotalAmountOutstanding_e14e17" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcTotalAmountOutstanding_e14e17" order="3" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoanReceivedAmountOutstanding" xlink:label="loc_frhcLoanReceivedAmountOutstanding_0c103b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcLoanReceivedAmountOutstanding_0c103b" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LoanReceivedAverageInterestRate" xlink:label="loc_frhcLoanReceivedAverageInterestRate_d6942b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcLoanReceivedAverageInterestRate_d6942b" order="5" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DebtInstrumentsTerm" xlink:label="loc_frhcDebtInstrumentsTerm_c8aeee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcDebtInstrumentsTerm_c8aeee" order="6" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MaturityDate" xlink:label="loc_frhcMaturityDate_58a8d7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_b153e7" xlink:to="loc_frhcMaturityDate_58a8d7" order="7" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LoansReceivedDetailsNarrative" xlink:title="000070 - Disclosure - LOANS RECEIVED (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtDisclosureAbstract" xlink:label="loc_us-gaapDebtDisclosureAbstract_36b602" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccruedLiabilitiesCurrent" xlink:label="loc_us-gaapAccruedLiabilitiesCurrent_dc720a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtDisclosureAbstract_36b602" xlink:to="loc_us-gaapAccruedLiabilitiesCurrent_dc720a" order="1" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DebtSecuritiesIssuedDetails" xlink:title="000071 - Disclosure - DEBT SECURITIES ISSUED (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtSecuritiesAbstract" xlink:label="loc_us-gaapDebtSecuritiesAbstract_5def01" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DebtSecuritiesIssued" xlink:label="loc_frhcDebtSecuritiesIssued_f5800a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesAbstract_5def01" xlink:to="loc_frhcDebtSecuritiesIssued_f5800a" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DebtSecuritiesIssued1" xlink:label="loc_frhcDebtSecuritiesIssued1_60bd69" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesAbstract_5def01" xlink:to="loc_frhcDebtSecuritiesIssued1_60bd69" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_DebtSecuritiesAccruedInterest" xlink:label="loc_frhcDebtSecuritiesAccruedInterest_9a1e6d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesAbstract_5def01" xlink:to="loc_frhcDebtSecuritiesAccruedInterest_9a1e6d" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LongTermInvestments" xlink:label="loc_us-gaapLongTermInvestments_0bdc0a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapDebtSecuritiesAbstract_5def01" xlink:to="loc_us-gaapLongTermInvestments_0bdc0a" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/DebtSecuritiesIssuedDetailsNarrative" xlink:title="000072 - Disclosure - DEBT SECURITIES ISSUED (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract" xlink:label="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_ef23f6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_007357" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapInvestmentsDebtAndEquitySecuritiesAbstract_ef23f6" xlink:to="loc_us-gaapStatementTable_007357" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_e9456d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_007357" xlink:to="loc_us-gaapStatementLineItems_e9456d" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AwardTypeAxis" xlink:label="loc_us-gaapAwardTypeAxis_b84c8f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_007357" xlink:to="loc_us-gaapAwardTypeAxis_b84c8f" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_c8fe75" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapAwardTypeAxis_b84c8f" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_c8fe75" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeAxis" xlink:label="loc_srtRangeAxis_9fc155" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_007357" xlink:to="loc_srtRangeAxis_9fc155" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_RangeMember" xlink:label="loc_srtRangeMember_2265fb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeAxis_9fc155" xlink:to="loc_srtRangeMember_2265fb" order="30" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_FRHCNotesMember" xlink:label="loc_frhcFRHCNotesMember_717c7b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_c8fe75" xlink:to="loc_frhcFRHCNotesMember_717c7b" order="31" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MinimumMember" xlink:label="loc_srtMinimumMember_0d0be2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeMember_2265fb" xlink:to="loc_srtMinimumMember_0d0be2" order="32" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_MaximumMember" xlink:label="loc_srtMaximumMember_3feb44" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtRangeMember_2265fb" xlink:to="loc_srtMaximumMember_3feb44" order="33" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BondCarryingValueAmount" xlink:label="loc_frhcBondCarryingValueAmount_f565a8" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_e9456d" xlink:to="loc_frhcBondCarryingValueAmount_f565a8" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentIncreaseAccruedInterest" xlink:label="loc_us-gaapDebtInstrumentIncreaseAccruedInterest_0de17e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_e9456d" xlink:to="loc_us-gaapDebtInstrumentIncreaseAccruedInterest_0de17e" order="2" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtCurrent" xlink:label="loc_us-gaapDebtCurrent_5510d9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_e9456d" xlink:to="loc_us-gaapDebtCurrent_5510d9" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_DebtInstrumentInterestRateDuringPeriod" xlink:label="loc_us-gaapDebtInstrumentInterestRateDuringPeriod_910366" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_e9456d" xlink:to="loc_us-gaapDebtInstrumentInterestRateDuringPeriod_910366" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MaturityDates" xlink:label="loc_frhcMaturityDates_2b321f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_e9456d" xlink:to="loc_frhcMaturityDates_2b321f" order="5" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CouponRates" xlink:label="loc_frhcCouponRates_e4e78e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_e9456d" xlink:to="loc_frhcCouponRates_e4e78e" order="6" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/RelatedPartyTransactionsDetailsNarrative" xlink:title="000073 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:label="loc_us-gaapRelatedPartyTransactionsAbstract_f479e3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_6c32dd" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionsAbstract_f479e3" xlink:to="loc_us-gaapStatementTable_6c32dd" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_b7ceee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_6c32dd" xlink:to="loc_us-gaapStatementLineItems_b7ceee" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeparateAccountAssetCategoryAxis" xlink:label="loc_us-gaapSeparateAccountAssetCategoryAxis_7cc372" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_6c32dd" xlink:to="loc_us-gaapSeparateAccountAssetCategoryAxis_7cc372" order="10" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeparateAccountAssetCategoryDomain" xlink:label="loc_us-gaapSeparateAccountAssetCategoryDomain_cef640" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryAxis_7cc372" xlink:to="loc_us-gaapSeparateAccountAssetCategoryDomain_cef640" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BrokerageAccountsMember" xlink:label="loc_frhcBrokerageAccountsMember_e7b586" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSeparateAccountAssetCategoryDomain_cef640" xlink:to="loc_frhcBrokerageAccountsMember_e7b586" order="11" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CommissionIncome" xlink:label="loc_frhcCommissionIncome_def8e1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcCommissionIncome_def8e1" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ProceedsFromCollectionOfLoansReceivable" xlink:label="loc_us-gaapProceedsFromCollectionOfLoansReceivable_1a11d0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_us-gaapProceedsFromCollectionOfLoansReceivable_1a11d0" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MarginLendingReceivables" xlink:label="loc_frhcMarginLendingReceivables_566c04" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcMarginLendingReceivables_566c04" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_LendingPayables" xlink:label="loc_frhcLendingPayables_c9a2e6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcLendingPayables_c9a2e6" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_AccountsPayableRelatedPartiesCurrent" xlink:label="loc_us-gaapAccountsPayableRelatedPartiesCurrent_742902" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_us-gaapAccountsPayableRelatedPartiesCurrent_742902" order="5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OtherLiabilities" xlink:label="loc_us-gaapOtherLiabilities_dc8843" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_us-gaapOtherLiabilities_dc8843" order="6" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RestrictedStockBasedCompensationExpense" xlink:label="loc_frhcRestrictedStockBasedCompensationExpense_0e8738" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcRestrictedStockBasedCompensationExpense_0e8738" order="7" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CommissionExpenses" xlink:label="loc_frhcCommissionExpenses_aa0260" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcCommissionExpenses_aa0260" order="8" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_RestrictedCustomerCash" xlink:label="loc_frhcRestrictedCustomerCash_64cbf9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcRestrictedCustomerCash_64cbf9" order="9" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_FinancialServicesLiabilities" xlink:label="loc_us-gaapFinancialServicesLiabilities_d76911" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_us-gaapFinancialServicesLiabilities_d76911" order="10" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_CashAndCashEquivalents" xlink:label="loc_frhcCashAndCashEquivalents_d86f56" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b7ceee" xlink:to="loc_frhcCashAndCashEquivalents_d86f56" order="11" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockholdersEquityDetailsNarrative" xlink:title="000074 - Disclosure - STOCKHOLDERS EQUITY (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_EquityAbstract" xlink:label="loc_us-gaapEquityAbstract_6d4faf" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_36e8a7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapEquityAbstract_6d4faf" xlink:to="loc_us-gaapStatementTable_36e8a7" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_b5ab05" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_36e8a7" xlink:to="loc_us-gaapStatementLineItems_b5ab05" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VestingAxis" xlink:label="loc_us-gaapVestingAxis_b52901" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_36e8a7" xlink:to="loc_us-gaapVestingAxis_b52901" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_VestingDomain" xlink:label="loc_us-gaapVestingDomain_de2fe6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapVestingAxis_b52901" xlink:to="loc_us-gaapVestingDomain_de2fe6" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionAxis" xlink:label="loc_us-gaapRelatedPartyTransactionAxis_a5a9e4" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_36e8a7" xlink:to="loc_us-gaapRelatedPartyTransactionAxis_a5a9e4" order="30" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RelatedPartyTransactionDomain" xlink:label="loc_us-gaapRelatedPartyTransactionDomain_59f768" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionAxis_a5a9e4" xlink:to="loc_us-gaapRelatedPartyTransactionDomain_59f768" order="30" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ThreeYearVestingConditionsMember" xlink:label="loc_frhcThreeYearVestingConditionsMember_269f0a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapVestingDomain_de2fe6" xlink:to="loc_frhcThreeYearVestingConditionsMember_269f0a" order="31" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TwoYearVestingConditionsMember" xlink:label="loc_frhcTwoYearVestingConditionsMember_ab9fef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapVestingDomain_de2fe6" xlink:to="loc_frhcTwoYearVestingConditionsMember_ab9fef" order="32" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_OneYearVestingConditionsMember" xlink:label="loc_frhcOneYearVestingConditionsMember_5ef9ee" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapVestingDomain_de2fe6" xlink:to="loc_frhcOneYearVestingConditionsMember_5ef9ee" order="33" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_FiftySixEmployeesMember" xlink:label="loc_frhcFiftySixEmployeesMember_c2a6b0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_59f768" xlink:to="loc_frhcFiftySixEmployeesMember_c2a6b0" order="34" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ThreeEmployeesMember" xlink:label="loc_frhcThreeEmployeesMember_6691f5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapRelatedPartyTransactionDomain_59f768" xlink:to="loc_frhcThreeEmployeesMember_6691f5" order="35" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_StockBasedCompensationExpense" xlink:label="loc_frhcStockBasedCompensationExpense_527af0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b5ab05" xlink:to="loc_frhcStockBasedCompensationExpense_527af0" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross" xlink:label="loc_us-gaapStockIssuedDuringPeriodSharesRestrictedStockAwardGross_b93adf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_b5ab05" xlink:to="loc_us-gaapStockIssuedDuringPeriodSharesRestrictedStockAwardGross_b93adf" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockBasedCompensationsDetails" xlink:title="000075 - Disclosure - STOCK BASED COMPENSATIONS (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="loc_us-gaapShareBasedCompensationAbstract_6dc401" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_13ac6b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_6dc401" xlink:to="loc_us-gaapStatementTable_13ac6b" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_ac004f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_13ac6b" xlink:to="loc_us-gaapStatementLineItems_ac004f" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfWarrantOrRightAxis" xlink:label="loc_us-gaapClassOfWarrantOrRightAxis_f5e1e2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_13ac6b" xlink:to="loc_us-gaapClassOfWarrantOrRightAxis_f5e1e2" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfWarrantOrRightDomain" xlink:label="loc_us-gaapClassOfWarrantOrRightDomain_06c58f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfWarrantOrRightAxis_f5e1e2" xlink:to="loc_us-gaapClassOfWarrantOrRightDomain_06c58f" order="20" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_MonteCarloMember" xlink:label="loc_frhcMonteCarloMember_1c8533" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfWarrantOrRightDomain_06c58f" xlink:to="loc_frhcMonteCarloMember_1c8533" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BlackScholesMember" xlink:label="loc_frhcBlackScholesMember_299ce0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapClassOfWarrantOrRightDomain_06c58f" xlink:to="loc_frhcBlackScholesMember_299ce0" order="22" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_c40bd0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_ac004f" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1_c40bd0" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_dc23c6" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_ac004f" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate_dc23c6" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_ca069e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_ac004f" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate_ca069e" order="3" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockBasedCompensationsDetails1" xlink:title="000076 - Disclosure - STOCK BASED COMPENSATIONS (Details 1)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="loc_us-gaapShareBasedCompensationAbstract_42dcfc" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_3bdd31" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_3bdd31" order="1" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_fe08eb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod_fe08eb" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_a4c95c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod_a4c95c" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_73747a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod_73747a" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_4527e7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber_4527e7" order="5" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageFairValueBeginningBalance" xlink:label="loc_frhcWeightedAverageFairValueBeginningBalance_5e0d72" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_frhcWeightedAverageFairValueBeginningBalance_5e0d72" order="6" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageExercisePriceGranted" xlink:label="loc_frhcWeightedAverageExercisePriceGranted_2e51e9" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_frhcWeightedAverageExercisePriceGranted_2e51e9" order="7" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageExercisePriceVested" xlink:label="loc_frhcWeightedAverageExercisePriceVested_c3955b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_frhcWeightedAverageExercisePriceVested_c3955b" order="8" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageExercisePriceForfeitedCancelledExpired" xlink:label="loc_frhcWeightedAverageExercisePriceForfeitedCancelledExpired_b9854c" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_frhcWeightedAverageExercisePriceForfeitedCancelledExpired_b9854c" order="9" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageFairValueEndingBalance" xlink:label="loc_frhcWeightedAverageFairValueEndingBalance_06a157" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_42dcfc" xlink:to="loc_frhcWeightedAverageFairValueEndingBalance_06a157" order="10" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockBasedCompensationsDetails2" xlink:title="000077 - Disclosure - STOCK BASED COMPENSATIONS (Details 2)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="loc_us-gaapShareBasedCompensationAbstract_b59694" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NumberOfOptionsOutstandingBeginning" xlink:label="loc_frhcNumberOfOptionsOutstandingBeginning_4bb7b0" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcNumberOfOptionsOutstandingBeginning_4bb7b0" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_99c481" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross_99c481" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NumberOfOptionsExercised" xlink:label="loc_frhcNumberOfOptionsExercised_4e9731" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcNumberOfOptionsExercised_4e9731" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_d9ab2f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_d9ab2f" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NumberOfOptionsOutstandingEnding" xlink:label="loc_frhcNumberOfOptionsOutstandingEnding_8e1d60" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcNumberOfOptionsOutstandingEnding_8e1d60" order="5" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_NumberOfStockOptionsExercisable" xlink:label="loc_frhcNumberOfStockOptionsExercisable_3be3d2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcNumberOfStockOptionsExercisable_3be3d2" order="6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_95da7e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice_95da7e" order="7" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_1c2f71" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice_1c2f71" order="8" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_f94727" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice_f94727" order="9" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_996c02" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice_996c02" order="10" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageExercisePriceOutstandingEnding" xlink:label="loc_frhcWeightedAverageExercisePriceOutstandingEnding_230ac2" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcWeightedAverageExercisePriceOutstandingEnding_230ac2" order="11" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageExercisePriceExercisable" xlink:label="loc_frhcWeightedAverageExercisePriceExercisable_b60430" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcWeightedAverageExercisePriceExercisable_b60430" order="12" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1" xlink:label="loc_frhcSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_571c84" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1_571c84" order="13" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2" xlink:label="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_a3bac5" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapSharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2_a3bac5" order="14" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageRemainingContractualTermExercisableEnding" xlink:label="loc_frhcWeightedAverageRemainingContractualTermExercisableEnding_55d396" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcWeightedAverageRemainingContractualTermExercisableEnding_55d396" order="15" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AggregateIntrinsicValueOutstandingBeginning" xlink:label="loc_frhcAggregateIntrinsicValueOutstandingBeginning_0cda9d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcAggregateIntrinsicValueOutstandingBeginning_0cda9d" order="16" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue_fb90fc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue_fb90fc" order="17" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_58435f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue_58435f" order="18" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue" xlink:label="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue_6a8b4f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_us-gaapShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue_6a8b4f" order="19" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AggregateIntrinsicValueOutstandingEnding" xlink:label="loc_frhcAggregateIntrinsicValueOutstandingEnding_991cef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcAggregateIntrinsicValueOutstandingEnding_991cef" order="20" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AggregateIntrinsicValueExercisableStockOptions" xlink:label="loc_frhcAggregateIntrinsicValueExercisableStockOptions_11bc42" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_b59694" xlink:to="loc_frhcAggregateIntrinsicValueExercisableStockOptions_11bc42" order="21" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/StockBasedCompensationsDetailsNarrative" xlink:title="000078 - Disclosure - STOCK BASED COMPENSATIONS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ShareBasedCompensationAbstract" xlink:label="loc_us-gaapShareBasedCompensationAbstract_da5c84" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StockOptionPlanExpense" xlink:label="loc_us-gaapStockOptionPlanExpense_77baa7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_da5c84" xlink:to="loc_us-gaapStockOptionPlanExpense_77baa7" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAveragePeriod" xlink:label="loc_frhcWeightedAveragePeriod_d7e829" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_da5c84" xlink:to="loc_frhcWeightedAveragePeriod_d7e829" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_WeightedAverageNumberOfSharesRestrictedStock" xlink:label="loc_us-gaapWeightedAverageNumberOfSharesRestrictedStock_26bd5f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_da5c84" xlink:to="loc_us-gaapWeightedAverageNumberOfSharesRestrictedStock_26bd5f" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_RestrictedStockExpense" xlink:label="loc_us-gaapRestrictedStockExpense_6a2fef" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_da5c84" xlink:to="loc_us-gaapRestrictedStockExpense_6a2fef" order="4" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UnrecognizedCompensationCost" xlink:label="loc_frhcUnrecognizedCompensationCost_423101" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapShareBasedCompensationAbstract_da5c84" xlink:to="loc_frhcUnrecognizedCompensationCost_423101" order="5" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LeasesDetails" xlink:title="000079 - Disclosure - LEASES (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaapLeasesAbstract_30f1eb" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseRightOfUseAsset" xlink:label="loc_us-gaapOperatingLeaseRightOfUseAsset_4c2c20" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_30f1eb" xlink:to="loc_us-gaapOperatingLeaseRightOfUseAsset_4c2c20" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalLeaseAssets" xlink:label="loc_frhcTotalLeaseAssets_080f7a" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_30f1eb" xlink:to="loc_frhcTotalLeaseAssets_080f7a" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLiabilityCurrent" xlink:label="loc_us-gaapOperatingLeaseLiabilityCurrent_10893b" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_30f1eb" xlink:to="loc_us-gaapOperatingLeaseLiabilityCurrent_10893b" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaapOperatingLeaseLiability_38c746" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_30f1eb" xlink:to="loc_us-gaapOperatingLeaseLiability_38c746" order="4" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LeasesDetails1" xlink:title="000080 - Disclosure - LEASES (Details 1)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaapLeasesAbstract_aaf66b" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableAbstract" xlink:label="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_aaf66b" xlink:to="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_OperatingLeasesFutureMinimumPaymentsDueInFirstYear" xlink:label="loc_frhcOperatingLeasesFutureMinimumPaymentsDueInFirstYear_3bc07e" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_frhcOperatingLeasesFutureMinimumPaymentsDueInFirstYear_3bc07e" order="2" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears" xlink:label="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInTwoYears_1b2f5d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInTwoYears_1b2f5d" order="3" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears" xlink:label="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInThreeYears_7ca5cb" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInThreeYears_7ca5cb" order="4" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears" xlink:label="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInFourYears_63742d" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInFourYears_63742d" order="5" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears" xlink:label="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInFiveYears_00ad8f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueInFiveYears_00ad8f" order="6" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter" xlink:label="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueThereafter_dd760f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeasesFutureMinimumPaymentsDueThereafter_dd760f" order="7" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_TotalPaymentOfLeaseLiability" xlink:label="loc_frhcTotalPaymentOfLeaseLiability_af1d04" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_frhcTotalPaymentOfLeaseLiability_af1d04" order="8" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LesseeOperatingLeaseLiabilityUndiscountedExcessAmount" xlink:label="loc_us-gaapLesseeOperatingLeaseLiabilityUndiscountedExcessAmount_031886" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapLesseeOperatingLeaseLiabilityUndiscountedExcessAmount_031886" order="9" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseLiability" xlink:label="loc_us-gaapOperatingLeaseLiability_dcf48f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeaseLiability_dcf48f" order="10" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_WeightedAverageRemainingLeasTermInMonths" xlink:label="loc_frhcWeightedAverageRemainingLeasTermInMonths_904b88" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_frhcWeightedAverageRemainingLeasTermInMonths_904b88" order="11" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeaseWeightedAverageDiscountRatePercent" xlink:label="loc_us-gaapOperatingLeaseWeightedAverageDiscountRatePercent_c2a0cf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapOperatingLeasesFutureMinimumPaymentsReceivableAbstract_8eefde" xlink:to="loc_us-gaapOperatingLeaseWeightedAverageDiscountRatePercent_c2a0cf" order="12" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/LeasesDetailsNarrative" xlink:title="000081 - Disclosure - LEASES (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_LeasesAbstract" xlink:label="loc_us-gaapLeasesAbstract_65c89f" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_ShortTermOperatingLease" xlink:label="loc_frhcShortTermOperatingLease_5be6cc" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_65c89f" xlink:to="loc_frhcShortTermOperatingLease_5be6cc" order="1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_OperatingLeasesRentExpenseNet" xlink:label="loc_us-gaapOperatingLeasesRentExpenseNet_62f9ba" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapLeasesAbstract_65c89f" xlink:to="loc_us-gaapOperatingLeasesRentExpenseNet_62f9ba" order="2" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/CommitmentsAndContingenciesDetails" xlink:title="000082 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:label="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_8c982a" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_BankGuarantees" xlink:label="loc_frhcBankGuarantees_36f463" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_8c982a" xlink:to="loc_frhcBankGuarantees_36f463" order="1" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_UnfundedCommitmentsUnderLinesOfCredit" xlink:label="loc_frhcUnfundedCommitmentsUnderLinesOfCredit_6a51f7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_8c982a" xlink:to="loc_frhcUnfundedCommitmentsUnderLinesOfCredit_6a51f7" order="2" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_Total" xlink:label="loc_frhcTotal_403afa" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapCommitmentsAndContingenciesDisclosureAbstract_8c982a" xlink:to="loc_frhcTotal_403afa" order="3" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
  </link:presentationLink>
  <link:presentationLink xlink:type="extended" xlink:role="http://freedomholding.com/role/SubsequentEventsDetailsNarrative" xlink:title="000083 - Disclosure - SUBSEQUENT EVENTS (Details Narrative)">
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventsAbstract" xlink:label="loc_us-gaapSubsequentEventsAbstract_14eb96" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementTable" xlink:label="loc_us-gaapStatementTable_bac255" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventsAbstract_14eb96" xlink:to="loc_us-gaapStatementTable_bac255" order="100" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementLineItems" xlink:label="loc_us-gaapStatementLineItems_cb9ae1" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_bac255" xlink:to="loc_us-gaapStatementLineItems_cb9ae1" order="2000" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeAxis" xlink:label="loc_us-gaapSubsequentEventTypeAxis_e6225f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementTable_bac255" xlink:to="loc_us-gaapSubsequentEventTypeAxis_e6225f" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventTypeDomain" xlink:label="loc_us-gaapSubsequentEventTypeDomain_8a1bdf" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeAxis_e6225f" xlink:to="loc_us-gaapSubsequentEventTypeDomain_8a1bdf" order="20" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SubsequentEventMember" xlink:label="loc_us-gaapSubsequentEventMember_30849f" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapSubsequentEventTypeDomain_8a1bdf" xlink:to="loc_us-gaapSubsequentEventMember_30849f" order="21" />
    <link:loc xlink:type="locator" xlink:href="frhc-20210630.xsd#frhc_AdditionalInterestTranferred" xlink:label="loc_frhcAdditionalInterestTranferred_d97cb7" />
    <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaapStatementLineItems_cb9ae1" xlink:to="loc_frhcAdditionalInterestTranferred_d97cb7" order="1" />
  </link:presentationLink>
</link:linkbase>
