FreshForex Review
FreshForex is a well-established broker since 2004. FreshForex has a headquarter in St. Vincent & Grenadines. FreshForex to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by SVGFSA 20623 IBC 2012.
Major Information
💲 Min Deposit $1
⚖ Max Leverage 1:2000
💡 Min Position 0.01 lot
🌐 Website freshforex.com
⌛ Year Established 2004
Not yet rated
Company Information
Features
💰 Bonuses
👨💻 PAMM
🏆 Trading contests
📖 Free education
🗺 Vps
Account Information
Apart from the forex demo account, this broker offers Classic, Market pro and ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FreshForex is up to 1: 2000. Meanwhile, you can open an account with a starting capital of $1.
Min Deposit
$1
Max Leverage
1:2000
Spread
Fixed and Variable
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $1
💡 Min Position 0.01 lot
🔢 Spread Fixed
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, FreshForex also offers some instruments you would like to trade on, such as Forex, CFD and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Classic account, FreshForex specifically provides it with the following instruments and leverage:
💲 Min Deposit $400
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, FreshForex also offers some instruments you would like to trade on, such as Forex, CFD and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Market pro account, FreshForex specifically provides it with the following instruments and leverage:
💲 Min Deposit $2000
💡 Min Position 0.01 lot
🔢 Spread Variable
📉 Scalping
🤖 Expert Advisors
💱 Hedging
🕛 Overnight interest rates (swaps)
⏱ Trailing stop
⏳ Pending orders
1️⃣ One-click trading
⚡ Automated trading
💸 Commission
Instruments Traded
Besides lots of currency pair, FreshForex also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for ECN account, FreshForex specifically provides it with the following instruments and leverage:
Forex
1:500
Crypto
1:2
Payment Methods
WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.
Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.
QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.
Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
FreshForex also provides payment with Zcash, YooMoney, USD Coin (USDC), Tether (USDT), Ripple, RBK Money, Perfect Money, Mobile network operators, M-Pesa, Litecoin, Ethereum, EasyPay, Dai (DAI), Crypto Cash, Crypto, Credit/debit cards and AdvCash
Trading Platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, FreshForex offers you MetaTrader 4 (Limited with 90 days of inactivity) and MetaTrader 5 (Limited with 90 days of inactivity).
Customer Support
Do you have any question or find any trouble related to FreshForex? If you do, you should reach FreshForex's support to get the information that you need. Here is the detail of the broker's customer support:
Website Languages
Office Support
Email Support
Call Support
Chat Support
FAQ About FreshForex
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FreshForex is a good broker for you or not by reviewing the criteria. In general, FreshForex provides trading service in Forex , CFD and Crypto . As for the payment methods, you can choose between WebMoney, Skrill, Wire transfer, Credit/debit cards, YooMoney, Neteller, RBK Money, QIWI, Perfect Money, EasyPay, FasaPay, Crypto, Mobile network operators, AdvCash, Litecoin, Ethereum, Crypto Cash, Zcash, Ripple, Tether (USDT), USD Coin (USDC), Dai (DAI) and M-Pesa. The customer support is available via Email, Web form, Phone, Callback, Live chat, Forum and Skype.
The starting capital in FreshForex is $1.
FreshForex is regulated by SVGFSA 20623 IBC 2012. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
FreshForex is a brokerage company offering trading services for clients since 2004 with offices in St. Vincent & Grenadines.
