Freshforex regulated broker

Forex broker offers the following underlying assets for trading.

Best forex bonuses

FreshForex review and ratings, freshforex regulated broker.

Although it is officially headquartered in saint vincent and the grenadines, freshforex has a heavy presence in russia. This is clear by the fact that order placement over the phone is available to russian clients only. However, regular customer support is still available in english 24 hours a day on all trading days via both phone and online live chat.

Freshforex review and ratings

Availability

Freshforex accepts clients from all over the world, excluding USA, UK, iraq, north korea and some other countries where restrictions apply.

Distinctive features

Simple registration and verification process.

Own marketplace of trading robots (expert advisors).

1:100 leverage offered for cryptocurrency trading.

Various forex analytics materials.

Bitcoin funding accepted.

Trading instruments

Forex broker offers the following underlying assets for trading.

50+ currency pairs	based on major and minor world currencies.
6 crypto pairs	based on bitcoin, bitcoin cash, ethereum, litecoin, leviarcoin, ripple.
11 indice cfds	based on baskets of different blue-chip stocks.
5 metal spot cfds	based on gold and silver.
3 energy futures	based on crude oil (WTI, brent) and natural gas.
70+ stock cfds	based on shares of US and RU companies.

Comprehensive review

Freshforex is a forex broker operating out of saint vincent and the grenadines under the official company name riston capital ltd. However, it is worth noting that the broker is not regulated by any government regulator, but is instead merely registered as a legal business entity.

As an unregulated forex broker, freshforex is free to offer pretty much whatever trading conditions it sees fit for its clients. This also means that it does not need to follow any regulations regarding trading leverage. As a result, freshforex offers some of the highest leverage of any brokers, with up to 1:2,000 in leverage on the most liquid instruments.

The trading instruments offered by freshforex includes a pretty wide selection of major and minor forex pairs, a handful of major stock indices, a large selection of stocks of US and russian companies, precious metals, as well as oil and natural gas. In addition, freshforex offers cfds based on the cryptocurrencies bitcoin, bitcoin cash, ethereum, litecoin, leviarcoin, and ripple XRP.

Traders who sign up with freshforex gets the chance to choose between three account types; classic, market pro, or ECN.

Among these account types, the classic and market pro accounts resembles typical STP (straight through processing) accounts where traders don’t need to pay commissions, but instead gets offered a wider spread on all trading instruments.

The ECN (electronic communications network) account, however, is different in the way that it charges commissions on all trades, but instruments are offered with much tighter spreads. Most professional traders and others with larger trading accounts will therefore get a better deal with the ECN account, while traders with only a small amount of capital may get a better deal with the two STP-type of accounts.

Fortunately for users from around the world, trading accounts with freshforex can be denominated in either US dollars, euro, russian ruble, or something called MBT on the platform, which is short for “millibitcoin,” meaning 1/1,000 of a bitcoin.

Overall, the spreads offered on most trading instruments by freshforex are at the mid-level compared to its competitors. This is, in other words, not the cheapest broker around, but considering its very high leverage the overall deal is still not too bad.

Freshforex has chosen the traditional path when it comes to trading platforms, offering their clients the choice between the metatrader 4 and 5 (MT4/MT5). However, these two platforms are still two of the most popular trading platforms in the world, and a huge number of traders are familiar with them.

Further, MT4 and MT5 both also gives access to a large library of automated trading algorithms and custom technical indicators. Combined, this means that the possibilities are almost endless when trading with either of these platforms.

For traders who would like to open a trading account, deposits can be made in russian rubles, US dollars, euros, ukrainian hryvnia, belorussian rubles and chinese yuan, in addition to bitcoin. The broker accepts all of the common funding methods, such as bank transfer, credit & debit cards, as well as a large range of popular e-wallets.

All in all, it is clear that freshforex is a pretty popular forex broker in russia in particular. One reason for this probably has to do with the extremely high trading leverage that is available from this broker, which means that even traders with tiny amounts of capital can make big profits on a good trade. However, we still wish the broker would have been regulated by a credible government agency to give potential clients some peace of mind, and hope that this will happen in the future.

Freshforex review

This broker was not featured in our 2021 broker review audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. All brokers are then given a score out of 100. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information.

If a broker has a score less than 80, like this one, we won’t recommend it to you. So that we don’t waste your time, we don’t update these reviews either. We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country.

Brokers available in ukraine

Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Since 2015, we’ve reviewed over 200 forex brokers.

Whether you need a new place to crash to make your financial trades, or you are a beginner in forex market, you will have to be patient and attentive till you find the right choice to make. Choosing a forex broker, of course, is never easy or should be fast. On the contrary – finely take a look at many options, consider different reviews, compare and test till you can be 101% sure that you have come upon the right financial trading platform. Speaking of reviews and proper forex websites, a forex broker page review is about to be presented by our well-trained and professionally educated team. Check out our detailed and comprehensive top-notched freshforex review now. See if this is that kind of a broker you have been recently looking for!

Freshforex broker – preliminary first view of the broker

Freshforex is a typical forex broker that has been on the market for more than 10 years. With more than a decade of rich experience, this platform has been considered to be equally suitable for both – beginners in the field and more advanced traders, who need more options and features to choose from and to enjoy. Freshforex is owned by a reputable and well-known company that has been also part of the financial services world for many years – ristal capital. This is a typical big russian company with significant influence on forex world in its country. However, freshforex is also very popular among the whole european union and recently – the world – too, because it has succeeded to prove its finest reputation and reliability. Mainly, the trustworthy nature behind freshforex website comes from the main broker`s regulation – strict program that is provided by russian national financial regulator CRFIN. But if you think that personal data protection and financial transparency is an easy thing to be hold only by a single agency, you are wrong. And freshforex chiefs understand this at a full value. This is why the broker has an additional regulation body that handles the disputes and the penalties in case of omissions – KROUFR is that extra regulating support.

Freshforex – financial trading features

Freshforex is a customer-friendly website with numerous trading features. It is especially simple to be used and helpful to beginners, because it has a whole education center with free lessons and tutorials to offer. The broker offers the three main currencies for account management – EUR, USD and RRB. It has personal manager option, good opportunities for urgent telephone trading, as well as fine environment for scalping and hedging. There are stocks, commodities, foreign currency pairs and indices to make trades with. The payout is averagely high – above 87%. The spreads are various, but the USD/EUR pip is really satisfying. The margin call level is about 15% and the automated trading system is always allowed to be offered.

Freshforex account types

What is typical for freshforex broker is that it has numerous types of trading accounts. See them all now:

Islamic account for all muslim traders from all over the world, if their countries allow forex activity

Demo account for people, who need to test the platform in advance or their personal skills and new knowledge

Standard account type with small minimum deposit requirement and fast registration

ECN account with spreads from 0 pips

Partner account for all traders, who prefer to make trades together and to share the risk

Freshforex payment methods

The first thing you need to do on the website is to make a registration, where the main question you`ll be asked is how you`ll manage your finances. Or what the payment methods at the website are. They are offered for both – withdrawals and deposits:

Credit and debit card

China unionpay

Okpay

Neteller

Webmoney

Wallet one

Skrill moneybookers

Fasapay

Bank wire transfer

Cash point

Freshforex trading platform

Trading on freshforex website is very easy and pleasant because of its great trading platform. The website is using metatrader 4 – the real leader among all of the web-based platforms in the world. Also, the broker does have a mobile version, so if you want to make trades on the go, simply use your mobile device browser to type the name of the website and to make trades anywhere and anytime.

Freshforex customer support services

Do not hesitate to ask a question, name an inquiry or get additional information from freshforex kind and polite customer support representatives. The customer support of this broker is available for you 5 days per week (without weekends) and from 10 to 19 o-clock local russian time. Communication is via e-mail, phone call or online live chat. Feel free to use one of these languages: russian, english, german, chinese, arabic, italian and many more.

Freshforex bonus system

Last, but not least, find out the special offers and promotions freshforex is generous enough to offer to its audience now. See the currently available bonuses at the website:

50% forex rebate bonus on any $5 trade

36% pet annum promotion that offers you the most exclusive interest rates

Change your current broker and switch to freshforex and you will get a welcome bonus of 50% of your first deposit. The more you deposit, the more you will get as a bonus!

35% deposit bonus on each of your next deposits

Double deposit bonus with special rules you should check out on the website! Read them once you have an official forex trading account and have the best bonus ever!

Freshforex is a fantastic opportunity to receive cool bonuses, to be invited in a really client-friendly forex environment and to share your experience with traders like from all over the world. The broker is reliable and interesting, so do not miss it out!
Have a look at our top rated forex brokers in your country:

Freshforex – regulated broker.

This topic contains 55 replies, has 7 voices, and was last updated by andengireng 1 week, 2 days ago.

In fx trading when looking for a broker there are many things that you have to check. According to my trading experience I think first of all we the traders have to ensure the broker is regulated or not. Then I will see the deposit and withdrawal system how it works. By the way, I have chosen freshforex which is regulated and for all time make sure security of funds at any kinds of deposits with a wide range of trading technologies. So, for all time I feel secure and comfortable when trading. And they don’t restrict any kinds of trading techniques.

Foreign exchange is the most competitive financial market in the world and the biggest liquid money market. Investors and traders are betting that one currency is goes up and the others will go down. This market place is very competitive that everyday more than $5.5 trillion average trade business runs in forex. Also there are more than thousands of broker around the world. If you wanted to do forex business professionally and make a good amount of profit just go with forex4you.

Regulated broker is the most important thing to decide a good broker, and freshforex is a regulated broker and I trust freshforex, when I have some issue with my trading activity, I go to CS live and they serve me with their best, always bring me a solution, this make me believe that freshforex is the best broker.

I am not willing to invest the broker which I have not used or verified. Because most of them are found to be scams. I have practiced demo account in LQDFX to see the performance how it works. Now I am preparing to invest in STP trading broker which always ensures secure trading environment by providing security of funds at any kinds of investments. And they don’t restrict any kinds of trading techniques with scalping and hedging at all. So, for all time I feel secure and comfortable when trading.

Hello freshforex, I am your partner (IB) and I am very satisfied when I know that freshforex give me $20 / lot and lucky me I have a lot of clients. So now I am not only a trader in freshforex but also I am an investor. Thank you freshforex.

There are MANY people who are not aware that this broker is not just about regulation, but much more. And that is specially to do with the long list of benefits that are there whether bonuses, cashback, low spreads, fast execution and much more. There is nothing that you will NOT find with this broker!

Yes, agree with you, peter! Freshforex is the best broker that I ever joined, I think there is no other broker as good as freshforex, if I have some problems, freshforex always solve it for me, this is make me satisfied to be freshforex partner, thank you freshforex.

Hello freshforex, thank you for giving me the best service. I want to withdraw my profit and I am going to live chat, they serve me with speed and everything is going smooth, now I receive my profit in my bank, thank you freshforex.

To be very honest, that is very minor thing, as this company sets the standard so high that I am forced to call that minor! The features here are truly great but to me how they treat small investors like me is what sets them apart from the rest and reason why I am so happy to work with them!

I have traded with MANY brokers but this is one that is truly amazing in every way you look at it. The thing that I have learned is that to be successful, you just need to be sure to have reliable broker.

It’s so amazing to see the latest offering of 200% deposit, which makes trading so much easier. I just love working with this broker always offering such fabulous features and facilities.

Hello freshforex, this is my first time in 2019 I go to freshforex website to check any new bonuses, and I was right, now freshforex offer me 200% deposit bonus, this is awesome dude. Thank you for your support.

Andengireng, I am working with this company for last 4-5 years, and never a moment when I was uncomfortable. Everything is perfect here with loads of benefits that comes our way every now and then!

Hello peter, I want to be a partner with freshforex, can you help me with this? Because I heard from my friends that now freshforex give partner up to $20 per lot. For me, $20 per lot is a big commission. Thank you.

There are VERY few brokers that are as good as this one. And I am amazed how long this company is in the industry yet service ALWAYS is upto the mark! So, it’s truly amazing to say the least!

Freshforex review

Freshforex

Reason to avoid: no license

Listed date: september 17, 2018

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Freshforex review present by 55brokers and other brokers reviews, before signing an account you should always check on broker reliability and compare its trading offering.

Company name: riston capital limited. Freshforex

Registration address/ license:st. Vincent and the grenadines. No license.

Registration requirement: 2,000$

About freshforex

��️ registered in	st. Vincent and the grenadines
��️ type of license	offshore license
��️ is freshforex safe to trade	no
��️ recommended licenses	FCA in UK �� & ASIC in australia ��
�� alternative broker	FP markets - licensed by ASIC in australia

Is freshforex a scam or legit broker?

No, freshforex is not legit to trade with it.

The online forex broker freshforex as stated on the official website has been working in the foreign exchange market since 2004, while claims performance with one of the best trading conditions on the market due to which they are among top forex broker companies as well according to the research of the famous news agency interfax.

Among that the broker gained some more world recognition from the publications and industry expos, however, the freshforex which is a trading name of the riston capital limited company incorporated in an offshore hub st.

Vincent and the grenadines. There is no matter of the company location, but there is a sufficient risk if the company delivers services without any regulation or licenses from the world known watchdogs in the forex industry.

That means that the company may put their client into unnecessary risks while trading which will involve higher leverage level, alike 1:2000 as offered by the freshforex, non-regulated money management of the clients, as well as lack of operational standardization.

Since this is not the case of the freshforex the company do not comply with the adequacy requirements and follow of rules, thus clients do not rest assured about the safety of the financial services they receive.

Meanwhile, the broker mainly concentrated on the offering among russian and asian residents, while also there are a significant amount of negative reviews about the company crossing around the internet.

Overall, we generally advise not to trade with the offshore brokers since it is incurred to be a risky business, and increases the potential of general trading experience.

It is much more sufficient to choose among well established and regulated, reputable companies that are heavily overseen by the respected authorities. The list of FCA, ASIC such as broker FP markets from australia.

Freshforex.Com review 2020 –is freshforex legit or A scam?

You are welcome to mitrobe network freshforex.Com review. In this comprehensive guide, I am going to let you know if freshforex is a scam or legit forex MLM company.

Freshforex.Com review 2020 –is freshforex legit or A scam?

Freshforex is an online forex broker launched in 2008 and which offers services ranging from forex trading down to share dealing trading, CFD trading and social trading.

With its head office in russia, freshforex has strongly established itself as a global broker with a notable profile touting the broker as having attracted more than 10,000 traders.

In this article, you’ll find out useful information about freshforex including the advantages and disadvantages of trading with the forex broker.

How to register with freshforex

To get started as a forex trader on freshforex, you’ll have to sign up for an account. Provide the sign-up information required of you so that you can get login details via your email. Subsequently, submit your identification documents so that the account can get validated. Finally, deposit fund in the account and download your preferred trading platform to get started.

What are the pros of freshforex?

Versatile language support –courtesy of its support for multiple languages, freshforex makes it possible for traders to select the (official) language(s) they understand most, hence helping them to better understand how the trading platform works. Advantageously, freshforex supports a decent number of languages including english, french, spanish, portuguese, italian, arabic, russian, hebrew, hindi, slovenian, polish, romanian, german, chinese and czech.

Excellent customer support –this, of course, is one of freshforex’s advantages over several other forex brokers. Freshforex therefore provides customers with email support, the option of phone conversation and a live chat. All of these support features combine to give the traders on freshforex a real shot at lodging their complaints easily and getting them resolved in time.

Variety in the account types offered –freshforex paves the way for its users to conveniently choose the account type(s) they deem suitable depending on their trading experience, goals and expectations. For instance, somebody without sufficient background knowledge of freshforex may first opt for the demo account. This way, such a person is very likely to have a better feel of how freshforex works before making any funding payment. Obviously, freshforex’s demo account is likely your surest bet if you’re willing to first learn how trading is done on freshforex. In addition to the demo account (which is clearly freshforex’s practice account), below are the other trading accounts offered by freshforex:

Mini account

STP account

Standard account

Islamic account

ECN account

It offers a broad range of trading instruments –with freshforex, traders are at liberty of trading a broad array of instruments, reported to be as many as 116 instruments.

What are the cons of freshforex?

Charging of inactivity fees –this implies that as a registered freshforex trader, you may be charged a certain fee for having failed to use your freshforex account (for buying or selling) over a given period of time. Inactivity fees shouldn’t appear unusual to majority of experienced forex traders as some financial service firms also tend to charge their clients certain fees for being inactive.

No FCA regulation –some reports have claimed that freshforex is not an FCA-regulated broker but people trading with freshforex are still guaranteed financial security as freshforex is duly regulated by CRFIN and KROUFR.

While CRFIN stands for centre for regulation in OTC financial instruments and technologies, KROUFR serves as the commission for the regulation of relations on the financial market.

Fund deposit on freshforex

To fund your freshforex account, you can select any of the supported payment methods namely neteller, skrill and credit cards. It’s important you note that the payment method you’re able to access (for funding your freshforex account) will be largely determined by your country of residence and your freshforex entity.

Also important is the fact that 100 USD is the minimum amount you can deposit in your freshforex account to begin trading with the forex broker.

Conclusion

Freshforex is not FCA-regulated as noted earlier, the forex broker is still duly regulated by two trusted agencies –CRFIN and KROUFR. This, arguably, is a likely indication that it is safe to trade with freshforex.

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Freshforex

Freshforex review

Excellent selection of trading platforms

Wide array of financial instruments to trade

Phenomenal customer care and support

Highly regulated

Located offshore

Traders from europe, north america, and other countries are not accepted

Freshforex is a leading online trading brokerage specializing in the trading of forex currency pairs and other financial instruments. The brokerage has a very strong presence in russia as well as other parts of the world as they are an international online trading brokerage. Freshforex offers their trading services in 10 different languages and have been awards numerous awards for their trading services. Freshforex was founded in 2014 and is owned and operated by riston capital LTD, with their headquarters being located in st. Vincent and the grenadines at PO box 1825, cedar hill crest, villa, st. Vincent and the grenadines. Though freshforex is based here, they primarily serve the russian and asian markets and are therefore licensed and regulated by two russian regulatory authorities being the centre of regulation in OTC financial instruments and technologies (CRFIN) and the commission for the regulation of relations of financial markets (KROUFR). As well, freshforex recently became a member of the international decentralized association of cryptocurrency and blockchain (IDACB). Therefore, freshforex appears to be a highly reputable and reliable online trading brokerage, but are the services they provide and products they offer right for you? Find out in our in-depth review where we analyze various aspects of the freshforex online trading brokerage and discover if they are the right broker for you.

Trading platform

Freshforex features two of the most popular and approved online trading platforms in the world, the metatrader 4 (MT4) and the metatrader 5 (MT5) platforms. With the selection of these two trading platforms, traders can tackle the trading of any financial asset to the best of their ability. Both trading platforms are relatively the same, only the MT5 trading platform is an upgraded platform with improved functionality for trading financial assets other than forex currency pairs. That being said, both the MT4 and MT5 trading platforms feature an advanced charting package with an unlimited number of charts, technical indicators, and drawing and analysis tools. As well, traders benefit from instant order execution with the one-click trading feature directly from the charts for a seamless trading experience. Both platforms also support multiple sophisticated order types including 6 different pending orders. The platforms also features a built-in economic calendar and a deep history of quotes and charts. Furthermore, one of the most impressive features of these trading platforms is the ability to conduct automated trading using advanced algorithmic trading strategies through the implementation of expert advisors (eas). All in all, the MT4 and MT5 trading platforms are highly capable, very advance, intuitively designed, and user friendly. Nearly every type of trader and experience level can appreciate the functionality and capabilities of the metatrader platforms.

Exchange markets

As the brokerages name suggests, freshforex is primarily a forex trading brokerage but they also facilitate the trading of various other financial assets. For instance, traders can participate in the trading of cfds on 7 spot precious metals, 3 energy futures, 4 of the most popular cryptocurrencies, 11 global indexes, and over 60 corporate stocks. In total, including forex currency pairs, traders have access to over 130 financial assets.

Fees and commission

Freshforex charges varying fees that are dependent on the account type of the trader and the financial instrument being traded. The trading fees imposed on traders are incorporated into the spread and a commission on certain accounts. Overall, the spreads and commissions are relatively low and competitive with the industry standards. See below, the trading fees associated with each type of trading account.

Classic account

Fixed spreads of 2.0 pips

Zero commissions

Minimum trade size 0.01

Maximum leverage 1:1000

Market PRO account

Variable spreads averaging at 1.6 pips

Zero commissions

Minimum trade size 0.01

Maximum leverage 1:1000

ECN account

Variable spreads averaging at 0.2 pips

Commissions of $6.00 per lot round trip

Minimum trade size 0.01

Maximum leverage 1:1000

Security and fairness

Freshforex is a very well established online trading brokerage as they have been successfully operating for over 13 years and have built up a viable reputation in the russian and asian markets. Freshforex is a safe, fair and transparent trading broker because they are licensed and regulated by the centre of regulation in OTC financial instruments and technologies (CRFIN) and the commission for the regulation of relations of financial markets (KROUFR). As well, freshforex uses only licensed liquidity providers and front-line data protection systems to ensure their clients personal information is kept safe and secure at all times.

Support

One area freshforex really excels in and stands above the rest of the competition is their premium level of customer care and support. Support representatives can be contacted around the clock 24 hours a day, 5 days a week via email, telephone, and live chat. Support representatives are always very friendly and helpful with their responses. Also, in addition to these support methods, customers can also receive support from the extensive freshforex FAQ page and their comprehensive education section. The education section comes complete with over 1000 informative articles, numerous step by step guides, courses, and more.

Conclusion

The freshforex online trading brokerage is an excellent trading solution for not only trading forex but a wide range of other financial instruments as well. The broker features two of the most popular trading platforms, offers traders favorable trading conditions, low fees and commissions, and phenomenal customer care and support. The brokerage is also well established and has built up a viable reputation. All in all, if you’re looking for a viable online trading brokerage to trade with, freshforex could be the broker for you.

Freshforex Q&A

The following are the common questions that customers inquired about freshforex.

Is freshforex regulated?

Yes, it is regulated by the OTC financial instruments and technologies (CRFIN) and the commission for the regulation of relations of financial markets (KROUFR).

Is freshforex a scam?

No, freshforex is a legit broker.

Where is freshforex based?

Freshforex is based at PO box 1825, cedar hill crest, villa, st. Vincent and the grenadines

Freshforex review

Freshforex is an STP/ECN broker that provides forex and CFD online trading via the popular metatrader platforms. The brokerage has ‘smart bridge’ technology and offers clients trading signals along with daily market analysis. Regardless of the trading services provided, this brokers regulation is distinctly lacking and we would therefore look elsewhere for a regulated online broker.

Freshforex review, pros & cons

Fixed & variable spread accounts

No minimum deposit required to commence live trading

Daily analysis & trading signals

Metatrader platforms

Flexible account types

Unregulated broker

Clients from north korea, spain, UK & USA are not accepted

Marked up spreads

Limited range of trading instruments

In this detailed freshforex review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Freshforex is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including freshforex.

Freshforex review: summary

Freshforex is a forex and CFD broker that offers online trading to traders around the globe. The brand began operations in 2004 and is currently operated by ‘riston capital ltd’ which is registered in st. Vincent and the grenadines. Freshforex offers over 130 trading instruments for trading online via the renowned metatrader 4 (MT4) and metatrader 5 (MT5) trading platforms. All trading styles and strategies are allowed by the broker.

The broker offers competitive spreads, ECN trading, decent trade execution speeds and a variety of trading tools. Freshforex asserts that it is a ‘no dealing desk’ (NDD) broker that works with only licensed liquidity providers. The broker has deployed the ‘smart bridge’ technology in pricing and execution of clients’ orders. This technology accepts clients’ orders from the servers, finds the best available prices and sends the order to the appropriate liquidity provider. They claim that orders are executed without broker interference. This can help them to deliver competitive trading costs, speedy trade executions and minimal requotes.

Freshforex review: smart bridge technology

Freshforex has been honoured with awards over the years. The brand has been recognised with awards on over 20 occasions. In 2015, freshforex bagged the ‘best ECN broker’ award which was given by KROUFR. In 2016, freshforex received the award for the ‘best trading experience’ given by ‘fxdailyinfo’ in recognition of the quality of provided services.

Freshforex review: broker awards

Freshforex review: regulation

The freshforex brand is operated by ‘riston capital ltd’ which is incorporated in st. Vincent and the grenadines. The international business company number is 20623 IBC 2012. The company’s regulatory detail is not provided on its website. It should be noted that this regulation could not be verified and such regulation is not considered to offer the same level of protection as other regulators do. Thus, we would proceed with great caution or use an FCA, cysec or ASIC regulated broker instead.

Freshforex mandates all clients to verify their identities using ‘know your customer’ (KYC) procedures. All clients are required to scan and upload a government issued identity card and a utility bill.

The broker’s website and platforms are protected with secured socket layer (SSL) technologies. This encodes all data as it moves to and from the servers giving no access to unwanted intruders or hackers.

Freshforex review: countries

Freshforex states that its services are not meant for clients from the following countries: north korea, spain, united kingdom and the USA. Some freshforex broker features and products mentioned within this freshforex review may not be available to traders from specific countries due to legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.

Freshforex review: trading platforms

The MT4 platform is one of the most popular trading platforms used in forex and CFD online trading. The platform is robust, fast and loaded with professional tools for trading online and conducting thorough chart analysis. It supports complex charting, multiple order types and can be extended using add-on apps. The freshforex MT4 platform is freely available as downloadable desktop application for windows and also as downloadable ios and android apps.

Freshforex review: MT4 trading platform

Just like the MT4 platform, MT5 was designed by ‘metaquotes software corporation’; a russian software firm known for developing trading softwares for the financial markets. The MT5 platform was designed to improve on the already established MT4 and so, it has all the features of the MT4 platform with expanded functions and capabilities. The user interface of both platforms look very similar on both the desktop and mobile apps. However, both platforms are not cross compatible and so apps must be designed separately for the MT4 and the MT5 platform respectively.

Here are some of the core functions of the MT4/MT5 platforms:

Simple and user friendly interface on both desktop and mobile apps.

Customisable windows, charts, layouts and colours.

Trading instruments’ quotes are displayed in real time. It can be customised to display only the assets of interest to the trader.

3 chart styles namely: bar charts, line charts and candlesticks.

The charts can be displayed on 9 timeframes on the MT4 while the MT5 has up to 21 timeframes.

Inbuilt technical indicators: the MT4 has 30 while the MT5 has 38. Add-on apps can extend the number of indicators to thousands.

Analytical objects used in technical analysis: the MT4 comes with 24 while the MT5 has 44.

Multiple order management including 4 pending orders on the MT4 while the MT5 has 6 pending orders.

Trade automation using expert advisors (eas). Clients can automate their strategies by building and installing an EA within the metatrader platforms.

Access to the metatrader market from the platform. This market sells eas, indicators, signals and other trading tools that can benefit a trader.

Alert notifications via email, SMS & pop-up alerts.

Freshforex review: mobile trading apps

Freshforex review: trading tools

Economic calendar

This calendar displays the events that are known to have impacts on the markets as well as the event’s starting time. Click any event to display its detailed info, charts, forecast and history. The economic calendar is provided on the brokers website and also on the MT5 trading platform. The calendar can be personalised to show only the trader’s time zone, favourite countries and dates of events.

Freshforex review: economic calendar

Forex fundamental analysis

This is a section of the ‘fresh forecast’ that analyses the different messages, reports, news and rumours and how they influence the tradable assets. It is updated daily on the broker website and focuses on the major currency pairs. It is prepared by freshforex in-house analysts and the daily updates normally ends with trading recommendations.

Technical analysis: trend potential

This analysis is updated daily on the broker website. It focuses on the major EURUSD, USDJPY and the GBPUSD currency pairs. The forex analysis is based on complex chart analysis using indicators and other tools. Trade recommendations are given at the end of the analysis.

Elliot wave analysis

This is also presented on the website daily by a freshforex expert. The analysis is for the major EURUSD, GBPUSD and the USDJPY currency pairs. After the analysis, trade recommendations are given.

Analysis of margin levels

This analysis is updated daily on the website by ‘james hoggarth’; a freshforex analyst. He only analyses the major EURUSD, USDJPY and the GBPUSD currency pairs. The analysis ends with potential trading opportunities.

Huckster forex advisor shop

This is a shop operated by freshforex where clients can get eas, indicators and scripts. The broker states that these softwares are created by top developers. Many of them are free whilst some are paid.

Virtual private server (VPS)

Freshforex offers VPS hosting to all clients who require reliable, stable and quick connection to the trading servers. A VPS can be very important to traders who use eas and other trading systems. They allow you to run your trading platform 24/7 without needing your computer switched on. The VPS is free for the first 24 hours after which the client is charged $10 per month, $27 for 3 months, $49 for 6 months and $95 for one-year subscriptions.

Freshforex easy bot service

This is an innovative idea of trading through ‘telegram’ app on smart phones. All you need to do is to login to telegram, search for freshforexeasybot on a live account or demo account. The bot will provide information needed for trading. It should be noted that there are no guarantees to the quality of signals provided using this service.

Forex trading signals

Freshforex gives trading signals in real time. The signals are for 7 forex pairs, 7 commodities, 7 indices and 7 stock cfds. The trader can choose the desired timeframe to see the real-time signals. The signals are given as strong buy, strong sell, buy, sell and neutral. There is by no means any guarantee on the results of these signals.

Freshforex review: trading signals

Freshforex review: education

The educational section of the website features an interactive tutorial consisting of 4 courses and a test, covering the following:

Introduction to the forex market: contains 6 lessons on trading, platform, charts, etc

How to predict the price movement: contains lessons on fundamental, technical and chart analysis.

What do you need for profitable trading? This consists of lessons on psychology of forex trading, money management in forex, etc.

Trading system: has 6 lessons on trading systems, trade automation, trading strategies, etc.

There is a glossary of over 30 forex trading terms and their definitions are provided for easy reference.

Freshforex has a list of recommended books for all clients to read and improve their knowledge. There are about 26 books on technical analysis, fundamental analysis, forex introduction, money management and trading psychology.

Webinars are always scheduled on the website. Interested clients can register for the next webinar.

The forex encyclopedia is a series of articles relating to several topics on economics, forex, cfds, online trading, etc. The encyclopedia can be searched by topics, by category or by alphabetical order.

Freshforex review: trading instruments

The following instruments are available for trading online:

49 forex currency pairs (major, minor & exotic crosses)

65 stock cfds

11 indices

3 energies

5 metals

6 cryptocurrencies

Freshforex review: trading accounts & fees

Freshforex accounts are not dependent on the trader’s capital. There are no minimum deposits required; rather the broker recommends a befitting amount that should be deposited to enjoy the benefits of the account. You should only ever trade with what you can afford as trading always carries an element of risk. The MT4 and MT5 platforms are available to all account types.

Procent account

This is the account denominated in cents. It is geared more towards new traders who wish to try out a live account and for practising trading strategies. It allows the trading of micro lots of 10 units of base currency. The maximum leverage is 1:1000.

Classic account

Freshforex recommends $200 deposit to open this account type. The fixed spreads starts from 2 pips and the leverage is from 1:25 to 1:200. The maximum order size is 20 lots and no commissions are charged.

Market pro account

The recommended minimum balance is $400. The floating spreads start from 0.9 pips while the leverage ranges from 1:20 to 1:500. The maximum order size is 100 lots and no commissions are charged o trades.

ECN account

The recommended deposit amount is $2,000. The spreads start from 0 pips and the maximum order size is 10,000 lots. Leverage ranges from 1:20 to 1:500 and commissions of 0.03% per contract are charged.

Freshforex review: account types

Swap free accounts that comply with sharia law are available for muslims. Swap free accounts only available on the MT4 trading platform. Demo accounts are freely available to all clients for practice purposes. You can test the different trading platforms and your trading strategies.

As broker fees can vary and change, there may be additional fees that are not listed in this freshforex review. It is imperative to ensure that you check and understand all of the latest information before you open a freshforex broker account for online trading.

Freshforex review: customer service

The freshforex customer support team is friendly, swift and available 24/5. The fastest way to reach the support desk is through online chat on the website. The team can also be reached via email and phone. The support team is multilingual.

Freshforex review: deposit & withdrawal

Freshforex prides itself as a broker that does not charge deposit fees and commissions on some funding options. It also says that withdrawals are processed within a few minutes. It should be noted that payment processors may charge additional fees.

The following payment methods are available to freshforex clients:

Banks of malaysia: the minimum deposit is 50 MYR while the maximum is 50,000 MYR. The deposit is made online from the client’s bank account to freshforex bank account. For withdrawals, 3% of the transaction amount is charged and it takes 1-5 business days.

Skrill: the minimum deposit amount is $30 while the maximum amount is $1,000 per transaction. The average transaction time is less than 15 minutes. Withdrawals are charged at 1% and it takes about 10 minutes to complete.

Credit/debit cards: the minimum deposit is $10 while the maximum is $5,000 per transaction. The withdrawal charge is 2.5% + $5 and it takes 1-5 days to process.

Neteller: the minimum deposit is $10 while the maximum is $10,000

Electronic payment systems: these electronic payments are instant, convenient, secure and free of commissions. The methods accepted are epayservice, QIWI, webmoney, fasapay, advcash and perfect money. For withdrawals, the charges range from 0.5% to 2% of the transaction amount. It all depends on the exact method used. Withdrawals are processed within 10 minutes after the request has been approved.

Bitcoin: this is for clients who own bitcoins. The client trading account is credited when the transferred bitcoin reaches the broker’s bitcoin wallet. There are no deposit fees and the transactions are promptly processed. Withdrawals are charged at 1% and its processing time depends on the blockchain network.

Freshforex review: broker account funding

Freshforex review: account opening

To open a trading account with freshforex, visit the website and click on ‘login to client area’ located beside the menu bar. From the pop-up window that displays, click ‘register’ to display the form below.

Freshforex review: broker account opening

Input your mobile phone number, email address and click ‘next’. Then enter your name, platform of choice, account type, base currency, and preferred leverage. Verify your email and phone numbers by entering the codes sent, then, click ‘open real account.’ you will be automatically logged into the client area where you can complete your profile, submit KYC documents, make deposits, download platforms and commence trading online when you feel ready to do so.

Freshforex review: client area

Freshforex review: conclusion

Freshforex has been in operation for over 15 years and have been chosen by thousands of traders from 158 countries across the world. The broker offers ECN executions resulting in reasonable execution speeds, competitive trading fees and minimal requotes. The metatrader platforms are a popular choice as the platforms serve both experts and beginner traders very well.

The broker provides a range of trading resources which includes a forex encyclopaedia and forex trading courses. The demo account and the procent accounts can be useful to those who are new to online trading and need practice before trading with real money. Multiple payment options are also provided to accommodate the flexible needs of clients.

Freshforex has a hardworking in-house team of analysts who come up with daily market analysis, trading ideas, signals and webinars. These and other trading tools can help to give any trader ideas for potential trading signals.

Despite this, the regulatory status of freshforex is a source of huge concern and for this reason alone we would choose to go with a regulated broker that offers clients more protection and transparency. See our best trading brokers for alternative options.

Margin trading on forex involves high risk and can lead to significant financial losses. Before deciding to trade a trader should understand the risk, experience and knowledge level.

Min $1 deposit

Freshforex is an STP/ECN broker that provides forex & CFD online trading via the MT4/MT5 platforms. The broker has ‘smart bridge’ technology & offers trading signals along with daily analysis. However, regulation is distinctly lacking.

Freshforex

Freshforex review

Excellent selection of trading platforms

Wide array of financial instruments to trade

Phenomenal customer care and support

Highly regulated

Located offshore

Traders from europe, north america, and other countries are not accepted

Trading platform

Exchange markets

Fees and commission

Classic account

Fixed spreads of 2.0 pips

Zero commissions

Minimum trade size 0.01

Maximum leverage 1:1000

Market PRO account

Variable spreads averaging at 1.6 pips

Zero commissions

Minimum trade size 0.01

Maximum leverage 1:1000

ECN account

Variable spreads averaging at 0.2 pips

Commissions of $6.00 per lot round trip

Minimum trade size 0.01

Maximum leverage 1:1000

Security and fairness

Support

Conclusion

Freshforex Q&A

The following are the common questions that customers inquired about freshforex.

Is freshforex regulated?

Yes, it is regulated by the OTC financial instruments and technologies (CRFIN) and the commission for the regulation of relations of financial markets (KROUFR).

Is freshforex a scam?

No, freshforex is a legit broker.

Where is freshforex based?

Freshforex is based at PO box 1825, cedar hill crest, villa, st. Vincent and the grenadines

Freshforex review and ratings

Availability

Freshforex accepts clients from all over the world, excluding USA, UK, iraq, north korea and some other countries where restrictions apply.

Distinctive features

Simple registration and verification process.

Own marketplace of trading robots (expert advisors).

1:100 leverage offered for cryptocurrency trading.

Various forex analytics materials.

Bitcoin funding accepted.

Trading instruments

Forex broker offers the following underlying assets for trading.

50+ currency pairs	based on major and minor world currencies.
6 crypto pairs	based on bitcoin, bitcoin cash, ethereum, litecoin, leviarcoin, ripple.
11 indice cfds	based on baskets of different blue-chip stocks.
5 metal spot cfds	based on gold and silver.
3 energy futures	based on crude oil (WTI, brent) and natural gas.
70+ stock cfds	based on shares of US and RU companies.

Comprehensive review

Traders who sign up with freshforex gets the chance to choose between three account types; classic, market pro, or ECN.

So, let's see, what we have: learn more about freshforex company as a forex broker. Check out which trading conditions and financial services are offered. Read reviews from other traders or leave one of your own. At freshforex regulated broker