Freshforex reviews
Islamic swap-free accounts are also available at request. Trade major, minor and exotic pairs.
New forex bonuses
Freshforex review and tutorial 2021
Go to the brokers list for alternatives
Freshforex is a CFD and forex broker offering the MT4 and MT5 trading platforms.
Trade major, minor and exotic pairs.
Trade cryptos against the US dollar.
Freshforex is a broker offering forex and CFD trading through several account types and the MT4 platform. This review covers bonuses, demo accounts, leverage, and deposits. We also unpack the broker’s regulation status and determine whether freshforex is a good, legitimate broker.
Freshforex company details
Freshforex, operated by riston capital ltd, is an offshore brokerage established in 2004 and registered in saint vincent and the grenadines. The broker provides over 130 financial instruments to clients from over 200 countries worldwide, as well as a range of educational tools for both beginners and experts.
Freshforex does not accept clients from certain locations, including the united states, spain, the UK, and north korea.
Trading platforms
Metatrader 4
The metatrader 4 (MT4) desktop platform is the ideal trading solution for all levels of traders. The award-winning, multilingual platform is the most popular forex trading software, delivering a convenient and user-friendly interface with advanced technical features. Users can develop strategies using customisable charting tools, one-click trading, and more. Features include:
- 30+ technical indicators and 24 graphical objects
- 9 time-frames and 3 chart types
- Automated trading (eas)
- Market execution mode
- Real-time data
freshforex MT4 platform
The MT4 trading platform is compatible with windows 7/8/9 and mac OS pcs and is downloadable once you have completed website registration.
Metatrader 5
The more advanced metatrader 5 (MT5) platform offers a host of advanced tools suitable for professional traders. Users benefit from more timeframes for detailed price movements and a wider range of technical indicators and graphical tools, including moving averages and fibonacci retracements. Trading robots are also available as well as detailed historical data. Other features include:
- 38+ technical indicators and 44 graphical objects
- 21 time-frames and unlimited number of charts
- Economic calendar
- Market depth
The MT5 platform is available for download onto windows and mac pcs.
Metatrader webtrader
Freshforex offers both the MT4 and MT5 web-based terminals, suitable for anyone looking to trade quickly and easily, without the need for a software download. The platforms can be accessed straight from any internet browser and provide all the same features as the desktop platforms. The client member area is also available.
Simply enter your account login details and begin trading straight away.
Markets
Freshforex offers six main asset classes:
- Currencies – trade on over 40 currency pairs including the EUR/USD, GBP/USD and GBP/EUR
- Cryptocurrencies – access 5 of the most popular cryptos, including bitcoin and litecoin
- Stocks – trade 60 cfds on corporate stocks, including microsoft and ford
- Indices – 11 global indices are available including the FTSE 100 and NASDAQ
- Precious metals – trade gold and silver cfds on spot markets
- Energies – trade on oil and gas
Spreads & commissions
Spreads at freshforex are fixed with the classic account at 2 pips for the EUR/USD and 3 pips for the GBP/USD. Spreads are floating with the market pro account, starting at 1.3 pips for the EUR/USD. These are by no means the tightest spreads out there. Minimum spreads at regulated brokers such as XM start from 0.1 pips, for example.
Commission is charged with the ECN account, starting from 0.0030% for forex. Other charges include overnight swap fees which are tripled from wednesday to thursday. Overall, freshforex is a relatively expensive broker to trade with.
Leverage
The maximum leverage accessible with the classic account is high at 1:2000. The market pro and ECN accounts cap leverage at 1:1000, but even this is higher than most. These leverage rates should be approached with caution as they can seriously increase losses as well as returns.
Mobile apps
Both the MT4 and MT5 platforms are available as mobile apps and are compatible with ios and android (APK) smart device users. Once the app has been downloaded, users can conveniently access trades and manage their accounts from anywhere, with many of the same desktop features available.
Freshforex mobile trading
Payment methods
Deposits
Freshforex offers over 20 fast and free funding methods, including credit/debit cards, e-wallets, cryptocurrencies, malaysian bank wire, and local deposits in africa. Deposit requests need to be made within the personal client area, by completing the online payment form. The minimum deposit amounts for cards are 10 USD/EUR. Minimum deposits with other payment methods vary.
Note, paypal is not available.
Withdrawals
Most of the same methods are available, including cards, e-wallets, cryptos, and malaysian bank wire. Fees are charged for withdrawals, which range from 0.5% for fasapay and perfect money, to 2.5% for cards. The only free e-wallet method is onlinenaira, though the withdrawal currency is nigerian naira.
Withdrawal times for cards and malaysian banks are 1 – 5 business days and e-wallet applications are processed within 10 minutes. Minimum and maximum withdrawal amounts vary depending on the method and can be found on the website.
Demo account
Freshforex offers a demo account for users to practice their trading strategies before committing real money in a live account. Traders can choose the amount of virtual funds they wish to trade, however reviews and forums do take issue with the fact the account is archived after 30 days of inactivity.
Bonuses & promotions
Freshforex offers several promotions, including a $2020 no deposit welcome bonus and a trade non-stop deal which awards users for making a trade every day for 5 consecutive days. Other welcome bonuses include a 200% deposit bonus, a 101% drawdown bonus plus a 30% top-up and stop-out insurance, however, in most cases, you have to deposit or have a balance of $500 to qualify. Referral codes for promos are also occasionally released.
Many offshore brokers offer seemingly attractive bonuses like this, the terms and conditions of which can be challenging and may be too good to be true.
Regulation
Riston capital ltd (freshforex) is an offshore broker, operating from saint vincent and the grenadines. The lack of a respectable regulatory framework means that some brokers can avoid vigorous financial supervision. We would recommend you think carefully before you create an account with offshore providers due to the risk of scams.
Additional features
Freshforex offers a range of educational resources and trading tools geared at both beginners and expert traders. The education centre contains articles with tips for profitable trading and price movements, as well as webinars. There is a reading section, though this just contains books on each topic that the broker recommends.
The forex analytics section provides various analysis forecasts, as well as practical tools like economic calendars and holiday schedules. Traders can also sign up for a signals service and there is also a shop where you can purchase MT4 expert advisors.
Freshforex economic calendar
Account types
Accounts at freshforex are rather confusing. The website presents several account types – real, partner, pro cent, etc. Information is provided on three accounts within the contract specifications page: classic account, market pro account, and ECN account.
There is no minimum deposit requirement, though they recommend $200 for classic, $400 for market pro, and $2,000 for ECN. Base currencies are USD, RUB, EUR, and BTC. All assets are available in all three accounts, as well as the MT4 and MT5 trading platforms. Spreads are fixed with the classic and floating in the other two accounts and all require a minimum order size of 0.01 lots.
Islamic swap-free accounts are also available at request.
Benefits
Advantages of opening a real-money freshforex account include:
- Mobile app
- Bonuses & promos
- Copy trading available
- MT4 and MT5 trading platforms
Drawbacks
There are several disadvantages of choosing freshforex:
- Offshore broker
- Unclear website
- Limited product list
- Some poor customer reviews
Trading hours
Trading times for forex are monday to friday from 00:05 am to 24:00 midnight EET (UTC+2, UTC+3 during the summer). Precious metals hours are monday to friday from 01:00 to 24:00 EET. Most cryptocurrencies are available 24/7. Specific timings on stocks and indices vary.
Customer support
You can contact support via:
- Email – info@freshforex.Com
- Telephone number – +442070992124
- Live chat – accessible from the top of the page
Freshforex is headquartered at st. Vincent and the grenadines, kingstown, beachmont, P.O. Box 1510, suite 305 griffith corporate centre.
Security
The metatrader trading platforms are both protected with 128-bit secure sockets layer (SSL) encryption to keep data exchanges between servers secure. There is also the option to add dual-factor authentication at the sign-in stage.
Freshforex verdict
Freshforex initially seems like an attractive option for traders, with the selection of bonuses, as well as the educational resources and tools on offer. However, as this review has highlighted, there are red flags, including the offshore regulation, very high leverage and uncompetitive spreads. There are other brokers that we’d recommend first.
Accepted countries
Freshforex accepts traders from australia, thailand, canada, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.
Traders can not use freshforex from united states, united kingdom, spain, japan, korea.
How do I open a live freshforex account?
You can open a live account using the link on the main website page. Once you have provided your personal details, you will then be able to use your member login to access the client area and login to your chosen platform.
Does freshforex offer a demo account?
Yes, the broker offers a demo account that will expire if not used for 30 days. You can set your own amount of virtual funds.
Does freshforex offer a no deposit bonus?
Yes, freshforex offers a $2020 no deposit welcome bonus. Other promotions include a 200% deposit bonus and stop-out insurance.
Does freshforex accept paypal?
Freshforex does not currently accept paypal, however it does accept e-wallets, card payments, and bank wire.
Is freshforex a legit broker?
Freshforex is an offshore provider and not regulated by a respectable financial supervisory body. This makes it hard to verify the legitimacy of the provider and the broker does receive some negative customer reviews online.
Does freshforex have trading on the NASDAQ?
Yes – clients can trade on close to a dozen major stock indices, including the NASDAQ.
Freshforex.Com review
Riston capital ltd
Freshforex is an online forex broker. Fresh forex offers the MT4 and MT5 forex trading top platforms. Freshforex.Com offers over 50 forex currency pairs, cfds, stocks, indexes, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
June-december 2020: multiple fake and highly suspicious positive reviews submitted for freshforex.
January-september 2015: multiple fake and highly suspicious positive reviews submitted for freshforex.
Other websites of this company include ristoncapital.Com, freshforex.Net, freshforex.Org, and freshforex.Ru
Broker details
established: | 2004 |
address: | kingstown, beachmont, P.O. Box 1510, suite 305 griffith corporate centre, saint vincent and grenadines |
contact: | INFO@FRESHFOREX.COM, +442070992124 |
regional offices: | |
regulators: | |
prohibited countries: |
deposit methods: | VISA, mastercard, advcash, bitcoin, epay (epay.Com), fasapay, local bank transfers, maestro, neteller, perfectmoney, qiwi, skrill, webmoney |
withdrawal methods: | VISA, mastercard, advcash, bitcoin, epay (epay.Com), fasapay, neteller, perfectmoney, qiwi, skrill, webmoney |
Live discussion
Join live discussion of freshforex.Com on our forum
Freshforex.Com profile provided by natalya, jun 28, 2015
Freshforex — fresh view on money
Tired of fine words and long profiles of forex brokers?
Below you will find only facts and digits, which will help you to make a choice in favor of "freshforex" company:
For 10 years we've been helping each trader to trade in forex market
100% is the protection rate of your interest by regulating agencies KROUFR and CRFIN
10 minutes — is the time of withdrawal in our company
0% — we don't charge fee for deposit and withdrawal of funds is made by 10 the most popular payment methods
92 contracts for trading at profit including metals, oil and contracts for indices
0,1 seconds — is the promptest execution of trades in market
33% — is the amount we add to traders for each deposit
$10 you can return for a loss-making trade
$2 500 — is the biggest amount we offer to clients under stop out
$100 — is the amount which will be enough to trade in our PAMM platform "flagman invest" as investor or manager
$20 from each lot — you won't find the better offer on partnership program
24/5 — our client support is at your service
We are not at a stop and perhaps are now offering something new to traders. You can always find the latest information on our website.
Freshforex review
Freshforex
Reason to avoid: no license
Listed date: september 17, 2018
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Freshforex review present by 55brokers and other brokers reviews, before signing an account you should always check on broker reliability and compare its trading offering.
- Company name: riston capital limited. Freshforex
- Registration address/ license:st. Vincent and the grenadines. No license.
- Registration requirement: 2,000$
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.
Freshforex review 2020
Freshforex review
Freshforex review, rating and comparison
Reviewed broker: freshforex
Operated under riston capital ltd.
Location: st. Vincent and the grenadines
USA traders: no accepted
Trading instruments: forex, commodities, cfds, indices, etfs, stocks, bitcoin
NDD no dealing desk execution: yes
Latest awards: freshforex is in TOP-3 of 11 IAFT awards nominations for “the best broker of the year” , “dynamic development” and “innovative broker”
What does freshforex offer to the customers?
- Access to the forex and CFD markets
- Quick and safe financial operations
- Various types of accounts, fixed and floating spread
- Special VIP program for forex online trading
Freshforex review : trading conditions in the market
- There are over 135 financial instruments to choose from including foreign currency, cfds, metals and bitcoin
- No slippage and requotes: experience ultra fast order execution from 0 seconds.
- Tight floating spreads starting from 0 points and flexible hedging system smart bridge technology®, which provides the best non-dealing desk execution and accurate market quotes
Freshforex review : ECN account for high level trading
The main advantage ECN account is the use of scalping strategy without any restriction from the broker. Plus, ECN account does not imply requotes, and traders can trade at market prices. Any trader to trade at market prices, which are formed by market participants. ECN account is designed for professional traders with advanced knowledge in forex trading
Swap free islamic accounts are available with fresh forex
The swap-free service or islamic account is available on any trading account: classic MT4, market pro MT4 and even professional ECN MT4.
Freshforex review : deposits and withdrawals
Minimum deposit requirement: $1
Payment methods: debit/credit cards, neteller, OKPAY, W1, QIWI, webmoney, skrill, fasapay, contact, wire transfer.
Account types: classic, market pro, ECN
Fixed spreads start from 2 pips
Variable spreads start from 1.6 pips
Variable ECN spreads start from 0.0 pips plus $6 commission per standard lot
Demo account: yes (fueled with $10,000 USD of virtual money)
Segregated account for client funds: no
Trading platform: metatrader 4
Live feeds of trading activities: yes
Follow specific traders activity: allowed
Stop loss/ limit orders: yes
VPS hosting: available for $10 per month
Phone representatives: yes
Freshforex review : educational material and promotions
Educational material: tutorials, webinars, online videos, blog, market analysis
Promotion and bonus: deposit without commission, tradable bonus 101%, 48% per annum, golden worlds promotion, metatrader coupons, no deposit bonus $2018
Deposits without commissions
Freshforex doesn't charge deposit commissions!
Increase in volume - tradable bonus 101%
"tradable bonus 101%" gives a real chance to start forex trading with low investment and double return! Bonus from freshforex helps you to boost your trading volume and thus, the profit you earn.
MEGAREBATE 2.0
Freshforex offers its clients a unique opportunity to insure transactions and make additional profit with spread rebate up to $20!
CHOOSE THE BEST DEPOSIT RATE!
48% per annum promo campaign increases your profits by weekly real money payments on free funds up to 48% per annum.
$20 per forex article
Became one of the authors of freshforex encyclopedia, get bonus and share your ideas, strategies and experience with novice traders. More information can be found on the broker's website.
MQL COUPONS
Freshforex together with MQL5 brings number of metatrader coupons to the clients. Offer is valid from june 15, 2017 to june 29, 2018
How was the rating of fresh forex performed compared to other brokers?
This 2020 forex broker review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on fresh forex broker performance and features.
Overall our online freshforex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online freshforex or you find inaccurate details freshforex broker review please get in touch with us and the changes will be applied.
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Risk warning: investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.G. Contracts for difference (“cfds”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.
Cfds and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.
When trading in stocks your capital is at risk.
Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.
Freshforex review
Freshforex is an offshore brokerage firm that offers online forex and CFD trading services to traders from across the globe. They began operations in 2004 and offer over 130 tradable instruments across multiple asset classes, including forex pairs, indices, stocks, energies, metals, and cryptocurrencies. The broker provides clients with the famous metatrader 4 and metatrader 5 trading platforms and allows all trading styles. They offer smart trading tools, educational resources, and ECN model of trade execution, with competitive spreads, decent trade execution speed, and minimal slippage.
Freshforex review – smart bridge technology
Freshforex review introduction
In this freshforex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including freshforex.
Freshforex platforms & tools
The broker provides clients with the metatrader 4 and metatrader 5 trading platforms, which are considered the most flexible and robust platforms for forex and CFD. Both platforms have multiple advanced trading tools, including charting, order management, and automation tools.
Freshforex review – MT4 trading platform
The platforms are available in different versions:
- A non-installable web version that can run directly on most modern web browsers like chrome, safari, edge, and firefox
- Installable applications for mac and windows computers that can be downloaded from the broker’s website
- Mobile trading apps that are compatible with android and ios devices
freshforex review – mobile trading apps
Apart from the tools built into the metatrader platforms, the broker offers other tools, such as economic calendar, forex fundamental analysis, technical analysis, elliot wave analysis, analysis of margin levels, huckster forex advisor shop, virtual private server, freshforex easy bot services, and forex trading signals
Freshforex research & education
Freshforex has a tutorial section that consists of four courses and a test. The courses cover the following:
- Introduction to the forex market:
- How to predict price movement
- What you need for profitable trading
- Trading system
The website also has a glossary of over 30 trading terms and their definitions. Webinars are also scheduled from time to time.
Freshforex trading accounts
The broker offers multiple account types, all of which are available the MT4 and MT5 platforms:
- Procent account: denominated in cents, the account is for new traders who want to trade a live account without risking much.
- Classic account: the broker recommends a deposit of $200; fixed spreads start from 2 pips; and there are no commissions.
- Market pro account: the recommended deposit is $400; floating spreads start from 0.9 pips; and there are no commissions.
- ECN account: the recommended deposit is $2,000; spreads start from 0 pips; and there is a commission of 0.03% per contract.
Freshforex account funding
Freshforex accepts a number of payment channels, including bank of malaysia transfers, credit/debit cards, bitcoin, and electronic payment systems, such as skrill, neteller, epayservice, QIWI, webmoney, fasapay, advcash, and perfect money. Transaction charges vary with the payment channels.
Freshforex review – client area
Freshforex customer service
The broker’s multi-lingual customer support team can be reached via email, phone, and online chat. They are available 24 hours a day on all trading days.
Freshforex regulation
Freshforex is an online trading brand operated by riston capital ltd, which is a financial services firm incorporated in st. Vincent and the grenadines. The firm’s international business company number is 20623 IBC 2012, but aside from that, the company does not provide any regulatory detail on its website. Since the regulation could not be verified, traders will likely be cautious when dealing with them.
Freshforex review summary
Freshforex is an offshore broker that offers online forex and CFD trading in over 130 tradable instruments through MT4 and MT5 trading platforms. They provide several trading tools and educational materials. However, the brokers regulation is lacking.
It is worth mentioning that some of the trading products and services in this freshforex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the freshforex broker website which you can visit by using the link below.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Freshforex
Spreads
Liquidity
Commissions
Support
Regulation
Features
- MT4 and MT5 platforms
- Many useful trading tools
- A selection of educational resources
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All information on the forex geek website is for educational purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the forex geek and any authorized distributors of this information harmless in any and all ways. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Freshforex review
Minimum deposit
Bonus
Maximum leverage
Spreads
Licences
US clients
This broker is not recommended!
Topforexbrokers.Net team does not trust this broker and advises you not to sign up with it.
Looking for some fres broker in the forex world? Looking at the web page of freshforex broker and have no idea if it is worth going for? Our full freshforex review will certainly help you to get the right answer for your question! So get ready and read full freshforex review below!
Software: metatrader 4, metatrader 5, web based, ctrader
Currencies: USD, EUR, GBP, AUD, CHF
Payment methods: bank wire, visa, mastercard, neteller, paypal, skrill
Restricted countries: USA, israel, islamic republic of iran, iraq
Freshforex forex broker at a glance
Freshforex broker is owned by riston capital LTD, which is located in st. Vincent and the grenadines. Even though, the broker of this review is named freshforex, it began to work with financial services in 2004, which is more than 10 years ago, so it is fresh but not new. Freshforex review found out that both licences were received by this broker in 2012. Also, it is interesting that one of the licences is registered to russian address, so even though broker is located in the grenadines, it has russian roots, which you should know.
Freshforex forex trading broker accounts overview
At the time of freshforex review, there were three main account types available: classic, market pro and ECN. None of the accounts has minimum deposit requirement, but every account type has recommended deposit requirements. Also, every account can be made swap-free, but it will cost you at least 5 USD per every lot traded. In terms of services, it has been found out by the freshforex review, that classic account falls short type of order execution, which is in instant mode in contrast to market execution mode of the other account types. Furthermore, the lowest spread on classic account is 2 pips, on market pro account is 0.9 pips and on ECN account spreads start from 0 pips.
Also, you have to remember that CFD’s on stocks are available only on classic account, so if you are in the market for this you have to choose classic account type. Furthermore, market pro and ECN accounts provide you with leverage of 1:500 in contrast to 1:1000 that is available at classic account. Top forex brokers highlights that during freshforex review, the amount of bonuses available for classic account type was higher than to market pro accounts and ECN accounts were not eligible for any promotions.
It is possible to have multiply accounts from freshforex and you can get them without any problems! Also, this forex broker allows to open muslim and PAMM accounts if you want to. What is even more interesting – you can make muslim account swap free!
Freshforex reviews of trading platforms
Freshforexallows you to trade only on metatrader4 trading platform. But, this platform is available not only for your PC or mac but also for your android and ios devices. So if you are fan of mobile trading – you can certainly do it using freshforex.
The interesting offer that has been found out by freshforex review is its VPS. As broker claims, you can get a VPS services for your meta trader 4 platform, and what is even more interesting – it won’t cost you a dime. For sure, you will have to meet some trading volume levels, but getting free VPS services is great opportunity!
Freshforex review of education
If you are new to forex, you will certainly want to get more knowledge about currency trading. This is where freshforex will certainly help you. The broker created interactive educational course called “the trader’s path”.
The path consists of 7 steps that should guide you through forex world and give you tools for becoming a professional. Each step has its own true goal and false goal that should show to every trader what should be done and what should not be done in the forex at this stage.
Freshforex reviews of customer support
Freshforex allows you to contact them 24 hours per day 5 days per week using their online chat option. Also, you can write them an email. Their support speaks russian, english, chinese and turkish, so you can find common language with them. Fresforex review finds out to be interesting the opportunity to go directly to the office of freshforex, since their moscow address is displayed on the contact us page. So if you are in russia and want to trade with freshforex pay them a visit and tell us how it was.
Freshforex deposit and withdrawal
This broker allows you to fund your account through plastic cards, main e-payment methods and wire transfers. Also, the same methods can be used for withdrawals. Freshforex review found out that your funds can be either is USD, EUR or russian rubles in order to fund your account.
Freshforex review conclusion
Freshforex is a broker that tries to meet needs of starting and professional traders at the same time. Also, it has interesting and unusual set of preferred currencies that you can use, since there is no GBP but there is RUB instead. Furthermore, broker allows you to come to their office if you have any questions or problem, which is a great opportunity for every forex trader.
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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.
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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.
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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!
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so, let's see, what we have: freshforex is a CFD and forex MT4 broker. Our review unpacks minimum deposits, account types, bonuses, mobile apps & more. Register and start trading today. At freshforex reviews
Contents of the article
- New forex bonuses
- Freshforex review and tutorial 2021
- Freshforex company details
- Trading platforms
- Markets
- Spreads & commissions
- Leverage
- Mobile apps
- Payment methods
- Demo account
- Bonuses & promotions
- Regulation
- Additional features
- Account types
- Benefits
- Drawbacks
- Trading hours
- Customer support
- Security
- Freshforex verdict
- Accepted countries
- How do I open a live freshforex account?
- Does freshforex offer a demo account?
- Does freshforex offer a no deposit bonus?
- Does freshforex accept paypal?
- Is freshforex a legit broker?
- Does freshforex have trading on the NASDAQ?
- Freshforex.Com review
- Riston capital ltd
- Broker details
- Live discussion
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- Freshforex review
- Top 3 forex brokers
- Is freshforex a scam or legit broker?
- Freshforex.Com review 2020 –is freshforex legit...
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- Freshforex deposit and withdrawal
- Freshforex review conclusion
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- Freshforex broker – preliminary first view of the...
- Freshforex – financial trading features
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