FreshForex review
FreshForex is a Multi-Assets Trading Platform with over 270+ Assets
FreshForex is a multi asset platform with 270+ tradable Assets. Assets available on FreshForex include Forex trading, CFD trading, Social trading, Share Dealing.
FreshForex trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Social trading, Share Dealing are considered financial assets.
Features of FreshForex
- Virtual Portfolio, or what is commonly known as a Demo Account
- Social Trading available
- Copy Trading available
- FreshForex offers Advanced Financial Chart comparison tools
- FreshForex offers Research-backed analysis on financial markets and investments from top analysts
- The FreshForex platform is available to use on multiple devices including and online through a Web Browser.
- FreshForex offers a trading platform with tools for both New Traders and Seasoned Experts
- FreshForex users benefit from using the FreshForex platform in over 15 different languages
FreshForex review
What you should know
FreshForex offer four ways to trade: Forex trading, CFD trading, Social trading, Share Dealing. The assets and products available to you on the FreshForex trading platform depends on the region of the world, you are in and the FreshForex entity you have an account.
With FreshForex you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with FreshForex platform.
FreshForex are able to accommodate various levels of traders whether you are experienced or a beginner.
Are FreshForex safe?
When considering FreshForex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as FreshForex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years FreshForex have a head office in Russia.
FreshForex is not regulated. This means FreshForex are not supervised by any regulatory bodies.
FreshForex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like FreshForex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. FreshForex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of FreshForex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. FreshForex has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, FreshForex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like FreshForex, you can enjoy peace of mind and focus on your trading activities.
Your capital is at risk
Is my money safe with FreshForex?
All payments made to FreshForex by traders are securely held in a segregated bank account.
FreshForex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should FreshForex use them?
FreshForex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FreshForex clients' funds.
FreshForex clients can have greater confidence in their financial security when working with a Tier 1 bank because FreshForex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in FreshForex deposited in a Tier 1 bank?
Depositing funds with FreshForex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if FreshForex were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that FreshForex is a secure and safe platform.
Please be aware that trading in financial assets with FreshForex carries a risk of loss. FreshForex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
FreshForex emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about FreshForex, let's closely examine its features.
To better understand the FreshForex trading platform, you can create two separate accounts - one with real money and the other a FreshForex demo account. A FreshForex demo account provides a risk-free environment for experimenting with the FreshForex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in FreshForex trading decisions.
Open a demo account Visit FreshForex
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How FreshForex as a Company Compare Against Other Brokers
Broker | freshforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Russia | Australia | Belize | Cyprus, UK |
Regulation | Unregulated | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 100,000+ FreshForex users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit FreshForex | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
FreshForex review
FreshForex Pros and Cons
FreshForex review
FreshForex Regulation and Licensing in more detail
The online broker FreshForex is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with FreshForex, you may not receive adequate help or recourse.
- Unregulated
Is FreshForex Global?
Yes, FreshForex is global as FreshForex is available in over 194 countries.
FreshForex is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries FreshForex covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. FreshForex has a total of more than 100,000 users.
FreshForex review
FreshForex Awards
FreshForex have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for FreshForex below.
- Fastest Growing Forex Broker 2022 FreshForex
- Best Trading Conditions 2017 Fresh Forex
- Best Forex Bonus Program 2017
- Best Trading Experience 2016 FXDailyInfo
- IAFT Awards 2015
- Best client support MasterForex-V 2015
- Best Asian broker» Shanghai Forex Expo 2015
- Top 10 of brokers» InterFax 2015
- Best ECN broker» KROUFR 2015
- Top 10 bozor rahbarlariа Interfax 2014
- Opening of the year
- IAFT Awards 2012
- Best affiliate program» Russian Affiliate Congress & Expo 2012
FreshForex review
FreshForex Fees Explained
- FreshForex doesn't charge withdrawal fees.
- FreshForex does charge a fee for inactive accounts.
- FreshForex doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from FreshForex are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
FreshForex Costs To Check
Modern brokers like FreshForex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FreshForex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FreshForex trading profitability.
How FreshForex Fees Compare Against Other Brokers
Broker | freshforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 10 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
FreshForex Minimum Deposit
FreshForex requires a minimum deposit of 10 GBP/USD/EUR when opening an FreshForex trading account.
A minimum deposit is the minimum amount of money required by FreshForex to open a new online brokerage account with them.
Don't be scared off by brokers like FreshForex charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like FreshForex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
FreshForex Withdrawal Fees
FreshForex doesn't charge withdrawal fees.
FreshForex Withdrawal rules may vary across different brokers when it comes to transferring funds from your FreshForex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FreshForex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the FreshForex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from FreshForex. Researching and comparing FreshForex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FreshForex funds frequently or dealing with large sums of money. Awareness of these FreshForex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FreshForex funds.
For example, FreshForex allows you to withdraw your funds to Debit Cards, Credit Cards, VISA, MasterCard, Bitcoin, Bitcoin Cash, Litecoin, Tether ERC20, Tether TRC20, Binance Coin, Ethereum, Ripple, Stellar, USD Coin, Sticpay, Webmoney, Volet, Perfect Money, OnlineNaira NGN, OnlineNaira USD, E-wallets of the Philippines, My direct, Transfer Kilat, Express Payment, Kuchinga App, Ozow, Snapscan, Cards, Voucher, Kuchinga: APP, Instant Bank, M-Pesa, Banks of Malaysia, Banks of the Philippines, Banks of Indonesia, Banks of Vietnam, Banks of Thailand, Banks of Nigeria, Local depositors in Africa Asia Latin America.
FreshForex Inactivity Fees
FreshForex does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FreshForex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all FreshForex fees and services. It's recommended that you check the FreshForex website before signing up. If you decide to close your FreshForex account, it's important to do so with the FreshForex broker customer support and obtain confirmation that no remaining FreshForex fees are due.
Brokers like FreshForex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
FreshForex Deposit Fees
FreshForex does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
FreshForex Commission Fees
FreshForex does charge commission on CFD instruments.
Brokerage firms like FreshForex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the FreshForex trading account level held by the trader.
FreshForex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing FreshForex terms and conditions to understand the commission fees and any other charges that may apply is essential.
FreshForex review
What can you trade with FreshForex?
It's essential to note that the trading instruments offered under the FreshForex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the FreshForex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with FreshForex over 270 instruments in fact.
If you want to trade currency pairs on global Forex markets, FreshForex offer over currency pairs.
FreshForex Compared To Other Brokers
Compare FreshForex with IC Markets and Roboforex below.
How FreshForex Trading Options Compare Against Other Brokers
Broker | freshforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 270 | 2250 | 12000 | 6000 |
Platforms | MT4, WEB-terminal, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit FreshForex
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
FreshForex review
Trading on FreshForex web platforms and other applications
FreshForex offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
FreshForex also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See FreshForex's platformsIs the FreshForex Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the FreshForex trading platform to protect you on PC and mobile FreshForex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FreshForex web trading platforms.
FreshForex Trading Platform Options
After logging into your FreshForex account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that FreshForex does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
FreshForex does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options FreshForex gives you.
FreshForex review
FreshForex MetaTrader 4 (MT4)
FreshForex MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FreshForex offers traders comprehensive features and tools to enhance their trading performance. The FreshForex MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FreshForex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FreshForex traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FreshForex traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FreshForex trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the FreshForex MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FreshForex, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FreshForex MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FreshForex allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with FreshForex in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FreshForex MetaTrader 4 is compatible with the latest macOS. FreshForex allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on FreshForex
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade FreshForex MetaTrader 4 on iOS Devices
You can download the FreshForex app or trade with FreshForex through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FreshForex customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade FreshForex MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and FreshForex offers its clients access to the MetaTrader 4 platform on these devices. With the FreshForex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FreshForex traders to stay on top of their trades and react quickly to changes in the market. With the FreshForex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade FreshForex MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on FreshForex are a powerful bundle of three major indicators designed to help traders make informed decisions. FreshForex MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help FreshForex traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing FreshForex traders to potentially stay one step ahead.
FreshForex MetaTrader 4 Advanced Trading Tools
The FreshForex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FreshForex traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FreshForex provides traders with everything they need to succeed. The FreshForex MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing FreshForex traders to analyze the market at any level of complexity.
Trade FreshForex MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
FreshForex MetaTrader 4 AutoChartist
Autochartist on the FreshForex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for FreshForex MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, FreshForex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save FreshForex users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FreshForex traders can navigate the platform and find the information they need to make informed trading decisions.
FreshForex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for FreshForex traders of all experience levels.
FreshForex Trading benefits
- FreshForex Allows hedging
- FreshForex Offers STP
- FreshForex Low min deposit
- FreshForex Offers Negative Balance Protection
FreshForex Trading Accounts Offered
Below we give an overview of the account types that FreshForex offer. Whatever you are looking to trade, the varying FreshForex account types will be able to provide you with what you need.
- FreshForex Demo account
- FreshForex Mini account
- FreshForex Standard account
- FreshForex ECN account
- FreshForex STP account
- FreshForex Islamic account
Can I try FreshForex?
FreshForex provides a demo account that enables individuals to explore trading before investing their funds. By creating a FreshForex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FreshForex demo account can help individuals to make informed decisions before investing their money.
Open a demo FreshForex account to practice and trade.
Your capital is at risk
FreshForex withdrawal and funding methods
It's essential to remember that the payment methods provided by FreshForex vary based on the FreshForex entity and the FreshForex client's country of residence. To view the FreshForex payment options available, you can log into your FreshForex member's area.
FreshForex offers various funding payment methods listed in your FreshForex dashboard if available in your region. To learn more about the FreshForex funding and withdrawal options available in your area, you can explore the FreshForex website.
FreshForex provides several payment methods for funding your FreshForex account. You may utilize any of these deposit options if they are available in your region. FreshForex ensures that users have multiple payment methods to choose from, making it more convenient for verified FreshForex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the FreshForex user's location. learn more about FreshForex funding and withdrawal methods.FreshForex Payment Methods
Some FreshForex payment methods are local and are available only to specific regions. FreshForex account holders should check which payment methods are provided in your region.- FreshForex accepts Debit Cards
- FreshForex accepts Credit Cards
- FreshForex accepts VISA
- FreshForex accepts MasterCard
- FreshForex accepts Bitcoin
- FreshForex accepts Bitcoin Cash
- FreshForex accepts Litecoin
- FreshForex accepts Tether ERC20
- FreshForex accepts Tether TRC20
- FreshForex accepts Binance Coin
- FreshForex accepts Ethereum
- FreshForex accepts Ripple
- FreshForex accepts Stellar
- FreshForex accepts USD Coin
- FreshForex accepts Sticpay
- FreshForex accepts Webmoney
- FreshForex accepts Volet
- FreshForex accepts Perfect Money
- FreshForex accepts OnlineNaira NGN
- FreshForex accepts OnlineNaira USD
- FreshForex accepts E-wallets of the Philippines
- FreshForex accepts My direct
- FreshForex accepts Transfer Kilat
- FreshForex accepts Express Payment
- FreshForex accepts Kuchinga App
- FreshForex accepts Ozow
- FreshForex accepts Snapscan
- FreshForex accepts Cards
- FreshForex accepts Voucher
- FreshForex accepts Kuchinga: APP
- FreshForex accepts Instant Bank
- FreshForex accepts M-Pesa
- FreshForex accepts Banks of Malaysia
- FreshForex accepts Banks of the Philippines
- FreshForex accepts Banks of Indonesia
- FreshForex accepts Banks of Vietnam
- FreshForex accepts Banks of Thailand
- FreshForex accepts Banks of Nigeria
- FreshForex accepts Local depositors in Africa Asia Latin America
Broker | freshforex | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | No | Yes | Yes | Yes |
*please note available FreshForex and other broker payment methods depend on the clients country of residence.
How can I start trading with FreshForex?
To open a trading account with FreshForex, individuals can sign up on the FreshForex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for FreshForex account validation and making a deposit. Once completed, FreshForex users can download the trading platform of their choice.
It's important to note that FreshForex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps FreshForex maintain a trustworthy financial environment for its 100,000 users. Detailed information on the FreshForex trading platforms is available on their website.
Your capital is at risk
Performing trades with FreshForex
When using FreshForex, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. FreshForex have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using FreshForex can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, FreshForex margin requirements can differ depending on the traded instrument.
CFD Trading on FreshForex
We will show you an example of the basics of using FreshForex leverage.
CFD trading on FreshForex allows traders to speculate on the price movements of various financial instruments against the broker FreshForex, without actually owning real assets. With CFDs, FreshForex traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
FreshForex provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, FreshForex leverage profits and losses are magnified when trading. For instance, using CFDs, you use the FreshForex trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, FreshForex leverage magnifies both profits and losses in trading.
Trading CFD trades on the FreshForex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced FreshForex traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with FreshForex Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like FreshForex. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a FreshForex trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, FreshForex trading losses are always limited to the current balance of funds in the trader's account.
Even if an FreshForex trader experiences a significant loss, they will never owe more money than what is available in their FreshForex account balance.
It's important for FreshForex traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that FreshForex losses are limited to the funds available in your FreshForex account when negative balance protection is in place.
Education Resources at FreshForex
FreshForex offer educational resources which include Video Tutorials, Webinars. Please bear in mind that these resources provided by FreshForex do not guarantee any results when trading. When we checked on the FreshForex website, these educational resources were not available in every language. Also some financial instruments mentioned in any FreshForex educational resources may not be available in your region.
To trade effectively with FreshForex, it's important to have a good understanding of the FreshForex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FreshForex and externally.
FreshForex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FreshForex. Familiarizing yourself with the FreshForex trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using FreshForex. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FreshForex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like FreshForex, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with FreshForex. Explore the FreshForex platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with FreshForex, before live trading.
Customer Support at FreshForex
As part of our FreshForex review, we review customer service options, response times and problem resolution effectiveness on the FreshForex trading platform. The FreshForex trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
FreshForex Available Support Types
Based on our experience, we have given FreshForex a D grade for customer support. We encountered some slow response times or FreshForex queries that were left unanswered.
Compared to other brokers, FreshForex offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at FreshForex
Our team tested the live chat support of FreshForex and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested FreshForex support services in various countries and languages and found that FreshForex were able to effectively resolve our customer issues.
Email Support at FreshForex
We tested the email support of FreshForex by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any FreshForex response.
The FreshForex team did resolve and answer our queries, but the email support from FreshForex was overall average compared to other brokers we have tested.
Phone Support at FreshForex
We contacted FreshForex via phone and received quick assistance within 10 minutes of our call.
The FreshForex phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by FreshForex and found that they could assist us in various languages.
While we found the FreshForex phone support satisfactory, there is room for improvement in response time.
See how FreshForex Support Compares Against Other Brokers
Broker | freshforex | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit FreshForex | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with FreshForex
As FreshForex is regulated by Unregulated.
As a new client of FreshForex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with FreshForex in your region. During the FreshForex account opening process, you will be asked to provide FreshForex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with FreshForex have the following documents available.
- FreshForex require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for FreshForex compliance. This must be dated within the last six months.
- If you plan to fund your FreshForex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the FreshForex platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under FreshForex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring FreshForex's platform.
However, remember that you won't be able to make trades on FreshForex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FreshForex KYC compliance process as soon as possible to avoid any delays in accessing the FreshForex platform's features.
It is important to note that FreshForex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the FreshForex platform and features immediately. However, you must pass the verification process to start live trading with FreshForex, which can take up to a few business days.
To start the process of opening an account with FreshForex you can visit the FreshForex trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://freshforex.com/ on November 18, 2024.
Watch this FreshForex Explainer Video
Is FreshForex A Good Broker?
We have spent over 5 years examining FreshForex in depth. Although we found some very useful aspects of the FreshForex platform that would be useful to some traders. We feel that a alternative to FreshForex may better suit you.
- FreshForex have a good track record of offering Forex trading, CFD trading, Social trading, Share Dealing.
- FreshForex has a history of over 16 years.
- FreshForex has a reasonable sized customer support of at least 10.
- FreshForex are regulated by the Unregulated. FreshForex is subject to strict regulatory oversight from its respective jurisdiction, which holds FreshForex (the broker) accountable for misconduct. This regulatory framework helps ensure that FreshForex operates fairly and transparently and provides FreshForex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and FreshForex.
- FreshForex have regulation from reputable regulators.
- One of the advantages of using FreshForex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from FreshForex are particularly important as FreshForex traders want to receive their money quickly. With the efficient FreshForex payment processing system, traders can enjoy faster access to their FreshForex funds.
- FreshForex have an international presence in multiple countries. Including local FreshForex seminars and training.
- FreshForex can hire people from various locations in the world who can better communicate in your local language.
FreshForex Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
FreshForex not quite right?
If after reading this FreshForex review, FreshForex does not fulfill your needs check out these FreshForex Alternatives.
Click here to view the best FreshForex Alternatives
We have spent years researching the best alternatives to FreshForex. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective FreshForex alternatives available today. If you are unsatisfied with FreshForex or want to explore other options, we recommend checking out our carefully curated list of highly-rated FreshForex alternatives. Follow the links below to learn more about these FreshForex broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
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Related FreshForex Vs Comparisons
Throughout our comprehensive FreshForex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing FreshForex against other popular brokers in the industry, check out our FreshForex Vs pages. Our team has compiled a series of detailed FreshForex comparison articles, pitting the FreshForex platform against some of the best-rated FreshForex competitors in the market. Dive into our informative FreshForex Vs pages below to find out how FreshForex stacks up against other leading brokers.
- FreshForex vs ICMarkets
- FreshForex vs Roboforex
- FreshForex vs eToro
- FreshForex vs XTB
- FreshForex vs XM
- FreshForex vs Pepperstone
- FreshForex vs AvaTrade
- FreshForex vs FPMarkets
- FreshForex vs easyMarkets
- FreshForex vs SpreadEx
- FreshForex vs FxPro
- FreshForex vs AdmiralMarkets
- FreshForex vs ThinkMarkets
- FreshForex vs FXPrimus
- FreshForex vs Trading212
- FreshForex vs ForexMart
- FreshForex vs Eightcap
- FreshForex vs ForTrade
- FreshForex vs InteractiveBrokers
- FreshForex vs Forex.com
- FreshForex vs IG
- FreshForex vs Robinhood
- FreshForex vs Coinbase
- FreshForex vs Binance
- FreshForex vs Oanda
- FreshForex vs CMCMarkets
- FreshForex vs HargreavesLansdown
- FreshForex vs Ayondo
FreshForex review
FRESHFOREX Frequently Asked Questions
Read our detailed FreshForex FAQ Section updated for 2025.
Can I try FreshForex?
FreshForex offer a demo account so you can try the FreshForex platform with virtual trading before you put down a payment. Virtual trading with FreshForex is zero risk. Learn more here
What funding methods do FreshForex accept?
Please note that the list of payment methods below depends on the FreshForex Entity and the client's Country of Residence.
FreshForex offer the following funding payment methods Debit Cards, Credit Cards, VISA, MasterCard, Bitcoin, Bitcoin Cash, Litecoin, Tether ERC20, Tether TRC20, Binance Coin, Ethereum, Ripple, Stellar, USD Coin, Sticpay, Webmoney, Volet, Perfect Money, OnlineNaira NGN, OnlineNaira USD, E-wallets of the Philippines, My direct, Transfer Kilat, Express Payment, Kuchinga App, Ozow, Snapscan, Cards, Voucher, Kuchinga: APP, Instant Bank, M-Pesa, Banks of Malaysia, Banks of the Philippines, Banks of Indonesia, Banks of Vietnam, Banks of Thailand, Banks of Nigeria, Local depositors in Africa Asia Latin America, among other payment methods.
Learn more here
Is FreshForex safe?
FreshForex have over 100,000 users. While FreshForex may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to FreshForex accounts by traders are held in a segregated bank account. For added security,FreshForex use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with FreshForex is risky, and because the market is so volatile, losses could happen at any time. Do not invest with FreshForex unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is FreshForex trading good?
FreshForex is considered good and reputable to trade with FreshForex. FreshForex is used by over 100,000 traders and FreshForex users. FreshForex offers Forex trading, CFD trading, Social trading, and Share Dealing trading. Minimum deposit with FreshForex is 10.
Is FreshForex trading Legit?
FreshForex was founded in Russia in 2008. FreshForex has been facilitating trade on the financial markets for over 16 years. FreshForex offers clients Forex trading, CFD trading, Social trading, and Share Dealing trading. All funds deposited to FreshForex are held in segregated bank accounts for security. FreshForex is not regulated. Although this doesn't mean FreshForex are awful, we recommend trading with regulated brokers.
Is FreshForex a good broker?
FreshForex allows Forex trading, CFD trading, Social trading, and Share Dealing trading. FreshForex is overseen by the top tier financial regulators Unregulated so can be considered a good broker.
Is FreshForex trustworthy broker?
Despite any potential benefits associated with FreshForex, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like FreshForex, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.
What is the minimum deposit for FreshForex?
The minimum deposit to trade with FreshForex is 10.
How long do FreshForex withdrawals take?
Withdrawing money from FreshForex processing time varies depending on the method but averages 1-5 days.
Is FreshForex regulated?
FreshForex is not regulated by a top tier financial regulator.
Is FreshForex a market maker?
FreshForex is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with FreshForex?
When opening a trading account with FreshForex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on FreshForex trading platforms, you can follow the link provided below: Learn more about signing up with the FreshForex trading platform here. This will provide useful information and insights into the various trading platforms offered by FreshForex, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with FreshForex?
Yes your money is safe with FreshForex.
Overall, strict financial regulation is essential for ensuring that trading platforms like FreshForex operate fairly, transparently, and responsibly, which ultimately benefits all FreshForex stakeholders involved.
Trading platforms like FreshForex must have strict financial regulation for several reasons:
- Protecting FreshForex Investors: Strict financial regulation ensures that investors who use the FreshForex trading platform are protected against fraudulent or unethical behavior by the FreshForex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the FreshForex platform.
- Maintaining FreshForex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the FreshForex trading platform. Regulatory procedures reduce the likelihood of the FreshForex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing FreshForex Transparency: Regulations require trading platforms like FreshForex to maintain detailed records and disclose FreshForex client information. Financial regulatory requirements enhances transparency and helps to build trust between the FreshForex platform and its investors.
FreshForex is regulated by the Unregulated. When selecting a broker such as FreshForex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, FreshForex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like FreshForex.
Is FreshForex a con?
While we would not say that FreshForex is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.
Can you make money with FreshForex?
Although traders have had great success with FreshForex, trading on the financial markets with FreshForex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does FreshForex have fees?
FreshForex doesn't charge withdrawal fees. FreshForex does charge a fee for inactive accounts. FreshForex doesn't charge deposit fees.
When was FreshForex founded?
FreshForex was founded in 2008.
How many people use FreshForex?
FreshForex is used by over 100,000 registered FreshForex users.
What is FreshForex Headquarters country?
FreshForex has its head quarters office in Russia .
Does FreshForex offer negative balance protection?
FreshForex offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does FreshForex offer guaranteed stop loss?
FreshForex does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does FreshForex allow scalping?
FreshForex does not offer scalping.
Does FreshForex allow hedging?
FreshForex offers hedging.
Does FreshForex offer CFD trading?
FreshForex offers CFD trading.
Does FreshForex offer STP?
FreshForex offers STP trading.
How many people use FreshForex?
FreshForex is used by over 100000 FreshForex users and traders.
Is FreshForex an ECN broker?
FreshForex offers ECN trading.
Does FreshForex offer a demo account?
FreshForex offers a demo account.
Does FreshForex offer an Islamic account?
FreshForex offers an Islamic account.
What are the funding methods for FreshForex?
Please note that funding methods and options available with FreshForex can be found in the FreshForex Members area and depend on the FreshForex client’s country of residence. Please check your specific available payment methods on the FreshForex website. FreshForex accept the following funding methods : Debit Cards, Credit Cards, VISA, MasterCard, Bitcoin, Bitcoin Cash, Litecoin, Tether ERC20, Tether TRC20, Binance Coin, Ethereum, Ripple, Stellar, USD Coin, Sticpay, Webmoney, Volet, Perfect Money, OnlineNaira NGN, OnlineNaira USD, E-wallets of the Philippines, My direct, Transfer Kilat, Express Payment, Kuchinga App, Ozow, Snapscan, Cards, Voucher, Kuchinga: APP, Instant Bank, M-Pesa, Banks of Malaysia, Banks of the Philippines, Banks of Indonesia, Banks of Vietnam, Banks of Thailand, Banks of Nigeria, Local depositors in Africa Asia Latin America.