FreshForex – Forex Broker review

FreshForex Review and Rating
Freshforex Review

Name: FreshForex Review

Description: FreshForex is working for more than 16 years in the Forex market, and they work with liquidity providers that are licensed by European regulatory authorities. The broker is reliable and exciting, and there are many fantastic opportunities to receive cool bonuses.

69%
69 of 100 1 review
  • Support - 65%
    65%
  • Platform - 70%
    70%
  • Insights - 60%
    60%
  • Leverage - 80%
    80%
  • Commission - 70%
    70%

Summary

FreshForex has a well-designed website, generous no deposit bonus, multiple trading platforms and even false-positive online reviews. Furthermore, FreshForex is a typical Forex broker that has been on the market for more than ten years. Although some customers reported that they had problems with the withdrawal of funds, moreover, they are not regulated the big organization worldwide. Unfortunately, they are not regulated by the financial authority in St. Vincent and the Grenadines. This alone is a serious red flag and should be the reason for you to cross FreshForex off your list of possible brokers. Read FreshForex forex broker review, rating, and detailed information for their services below.

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User Review
5 (7 votes)
Comments Rating 0 (0 reviews)

Pros

  • Choice of Platforms
  • A Host of Bonuses
  • Demo and Swap Accounts
  • MT4 available
  • Fast withdrawals

Cons

  • Missing Information on Website
  • Light regulation

FreshForex founded in 2007 in Russia as a brand of Riston Capital. They are one of the leading forex and CFD broker in Russia. FreshForex has its head office in St. Vincent and the Grenadines.

Regulation

FreshForex is regulated by the financial regulators CRFIN and KROUFR. KROUFR is the major regulating Commission of the Russian Forex industry.

Awards

FreshForex won the following awards for its product offerings and services.

  • Best affiliate program – Russian Affiliate Congress & Expo 2012
  • Top 10 of brokers – Interfax 2014
  • Best Asian broker – Shanghai Forex Expo 2015
  • Top 10 of brokers – Interfax 2015
  • Best ECN broker – KROUFR 2015
  • Dynamic Development – IAFT Awards 2015
  • Best client support – MasterForex-V 2015
  • Best Trading Experience – fxdailyinfo 2016

Trading Platforms

FreshForex provides MetaTrader 4 platform developed by MetaQuotes Software to its clients for efficient and reliable trading experience. They also provide MetaTrader 5 for desktop and mobile trading. FreshForex provides Futures and CFD instruments. They also offer an unlimited number of charts and a variety of technical indicators and graphic instruments for their customers.

Commissions & Spreads

Spread Dynamics Over Time

The spreads at FreshForex are in the form of fixed and floating spreads. The classic account uses fixed spreads of 2.0 pips. Market Pro account uses floating spreads in an average of 1.6 pips. FreshForex’s ECN has floating spreads, an average of 0.2 pips

Payment options

Freshforex Mastercard
Freshforex Mastercard

FreshForex Supports a wide range of payment which includes credit/debit card (Visa, MasterCard), bank wire transfer, and e-wallets Neteller, OK PAY, FasaPay, Skrill, WebMoney, Wallet One and China UnionPay, WebPay, Qiwi, and Bitcoin. They also provide Mastercard which has no withdrawal commission fees. When we do the FreshForex review, we also found that it has a feature of a 100% deposit commission for its clients.

Support

Customer support at FreshForex is responsive and there are several ways in which you can get in touch with the support team such as email, live chat, and call directly from their site to the customer executive.

FreshForex Detail Information

Company FreshForex
Founded in 2004
Offices in St. Vincent and the Grenadines
Payment options Debit/credit cards, Neteller, OKPAY, W1, QIWI, Webmoney, Skrill, FasaPay, Contact, Wire transfer
Demo platforms MetaTrader 4
Account currencies EUR, USD, RUB
Currency pairs
AUD/CAD AUD/CHF
AUD/DKK AUD/JPY
AUD/NZD AUD/SEK
AUD/SGD AUD/USD
CAD/CHF CAD/JPY
CHF/JPY CHF/NOK
CHF/SGD EUR/AUD
EUR/CAD EUR/CHF
EUR/DKK EUR/GBP
EUR/HKD EUR/JPY
EUR/NOK EUR/NZD
EUR/SEK EUR/SGD
EUR/USD GBP/AUD
GBP/CAD GBP/CHF
GBP/DKK GBP/JPY
GBP/NOK GBP/SEK
GBP/SGD GBP/USD
NZD/CAD NZD/CHF
NZD/JPY NZD/SGD
NZD/USD SGD/JPY
USD/CAD USD/CHF
USD/DKK USD/HKD
USD/JPY USD/MXN
USD/NOK USD/RUB
USD/SEK USD/SGD
USD/ZAR AUD/NOK
Regulated by KROUFR
Website available in Chinese, English, Indonesian, Russian, Arabic
Support available in Chinese, English, Indonesian, Russian, Arabic
Support methods Email, Live chat, Office, Phone
Trading server time zone GMT
VPS for traders Yes
Conditions for VIP traders Yes, if trading volume above 300 lots per month

FreshForex Features

  • The interest rate on funds
  • Bonus offers
  • Trading contests
  • Free education
  • Personal manager
  • Trading by telephone
  • PAMM accounts
  • Affiliate program
  • Islamic accounts available

Account Types

FreshForex has three trading accounts. The Classic account is the best account for inexperienced new customers.

  • Classic Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • Market Pro Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
  • ECN Account
    • Hedging
    • Overnight interest rates (swaps)
    • Trailing stop
    • Pending orders
    • One-click trading
    • Mobile trading
    • Automated trading
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25 thoughts on “FreshForex – Forex Broker review”

  1. Are you looking for a bonus that can help you to cope with your drawdown? FreshForex can aid you with their tradable bonus, a really useful bonus to hold your drawdown and secure more profits since you dan double your trading volume…

    Reply
  2. I’ve been trading for almost 2 years, but some of the company I’ve been trading with sometimes playing with my trades that they ended up not paying the profits that I made. This is where I notice some market makers in the market. But not with FreshForex, their ECN account is really good that I always get the exact price I want to trade. No delay and requote proves their server’s quality.

    Reply
  3. I would highly recommend traders to use FreshForex for different brokerage services as not only are they reliable but are also absolutely authentic in nature. I have been trading with them for the past 6 months and have never faced any issues till now.

    Reply
  4. Tight spread and nice swaps, these are reasons why I’m still trading with FreshForex. In fact, you can also get additional profits from some swaps in some instrument. Personally, I like to trade in some CFDs in their platforms with great execution speed…

    Reply
  5. I can recommend this broker to a friend of mine since it has a good customer service that they’re commit to guide their clients in the process of making transactions. They also giving free educational materials which is useful for newbies that still need more insight about the market…

    Reply
  6. Being a brokerage website, FreshForex provides customers different types of trading opportunities. Starting from spot metals, CFDS to forex, this website has been instrumental in diversifying the investment portfolio of traders and investors. This is highly important for anybody in the forex market as the volatility in the market can cause undue stop loses, which can be covered with the help of other lucrative investments

    Reply
  7. The main highlights of FreshForex are its easy navigation and real time updates. Being a trader, I always wanted a brokerage service that will help me keep track of all the changes and trends in the forex market. Apart from this, the website has also provided me with the best available mobile applications for trading that helps me to keep a watch on the market while on the go

    Reply
  8. FreshForex has reintroduced the No Deposit bonus of $2017 Test Drive. To qualify for this bonus, you only need to be a new trader to FreshForex. You must not have had any accounts with FreshForex, and must meet their terms and conditions for the particular promotion.

    Reply
  9. No matter how novice you are, this company provides you with lots of educational materials that can help you to learn more about currency markets and how to cope with the price. You can also take part to their no deposit bonuses which is useful to train your trading skills and earn real money.

    Reply
  10. FreshForex is providing a deposit bonus that is tradable. It is good to hold a drawdown of your trading account and also doubling the margin for more profitable trading result. This is one of the reason why I still stay trading with this company…

    Reply
  11. Freshforex is a horrible broker with worst customer service. Many times I have followed up with the customer care for same ticket but don’t get any reply.

    Reply
  12. For those who are not getting a good customer support, it’s better for you to check your tickets twice. They’re not 24/7 online but surely will answer your questions right away even it will take a little delay. So far I had no problems with the customer support, though

    Reply
  13. This broker has a very helpful Support Service. When I have just registered, they called me and offered help for further actions. Then, if I had questions, I called to the company and got answers immediately without relegating to conditions

    Reply
  14. FreshForex is consistently giving out free educations through their weekly webinars. In addition, they always put some thoughts on several trading pairs every single day in their website, giving out some easiness for newbies to trade some profits with them…

    Reply
  15. Good broker always come with good customer services and FreshForex have that. They are very helpful in figuring out some problems related to my trading account.

    Reply
  16. The last weekly webinar that I had for this year gave me an impression of what should a good trader do when closing a year. To evaluate yourself is one of the rarest thing to do for a trader and luckily I had this thanks to FreshForex’s mentors.

    Reply
  17. Some major pairs can be analyzed together with FreshForex analysts, you can just check their forecasts on their website in daily basis. See some insights and combine it with your analysis for better results. This somehow helped me to gain hundreds of pips with just a single trading pair analyzed by them

    Reply
  18. Excellent customer support from FreshForex that helped me through technical problems regarding my trading accounts. Prioritizing optimization on our trading account so that we can trade without any hesitation

    Reply
  19. I think FreshForex is by far now the best broker for me, Following the win of the IAFT Awards, FreshForex company has became the first one in the “Dynamic Development” nomination! This is another good thing I can say about Freshforex

    Reply
  20. So far I got no problem trading with this broker. Especially when it comes to scalping, their servers are reliable to handle many transactions at once as I’m not holding my scalps for too long. Make sure to claim their deposit bonuses as it helps to hold the drawdowns

    Reply
  21. During this situation, I would suggest to just work from home and try to learn something that keep earning money. FreshForex giving out deposit bonuses that can hold drawdown which means more secure trading on your trading account

    Reply
  22. No issues on their trading servers. Their deposit bonuses are great to secure your account even more and you don’t need to worry about wide spread, slippage or delay

    Reply
  23. Trading into high impact news? FreshForex trading servers is the one for you. No delay nor slippages on your trades around the news hours. You can also scalp around in those servers on ECN account.

    Reply
  24. The liquidity provider is pretty much new that you can notice on the spreads given by the broker itself. Reduced and tight spreads

    Reply
  25. I love the fact that FreshForex is available for Asian traders that they provide many ways to make deposit and withdrawals. Not to mention the processing time, you don’t need days to wait for it

    Reply

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