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FreshForex

Good 5.50
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FreshForex Review

  • Excellent selection of trading platforms
  • Wide array of financial instruments to trade
  • Phenomenal customer care and support
  • Highly regulated
  • Located offshore
  • Traders from Europe, North America, and other countries are not accepted

FreshForex is a leading online trading brokerage specializing in the trading of forex currency pairs and other financial instruments. The brokerage has a very strong presence in Russia as well as other parts of the world as they are an international online trading brokerage. FreshForex offers their trading services in 10 different languages and have been awards numerous awards for their trading services. FreshForex was founded in 2014 and is owned and operated by Riston Capital LTD, with their headquarters being located in St. Vincent and the Grenadines at PO Box 1825, Cedar Hill Crest, Villa, St. Vincent and the Grenadines. Though FreshForex is based here, they primarily serve the Russian and Asian markets and are therefore licensed and regulated by two Russian regulatory authorities being the Centre of regulation in OTC Financial Instruments and Technologies (CRFIN) and the Commission for the Regulation of Relations of Financial Markets (KROUFR). As well, FreshForex recently became a member of the International Decentralized Association of Cryptocurrency and Blockchain (IDACB). Therefore, FreshForex appears to be a highly reputable and reliable online trading brokerage, but are the services they provide and products they offer right for you? Find out in our in-depth review where we analyze various aspects of the FreshForex online trading brokerage and discover if they are the right broker for you.

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Trading Platform

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

Exchange Markets

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

Fees and Commission

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

Classic Account

  • Fixed spreads of 2.0 pips
  • Zero commissions
  • Minimum trade size 0.01
  • Maximum leverage 1:1000

Market PRO Account

  • Variable spreads averaging at 1.6 pips
  • Zero commissions
  • Minimum trade size 0.01
  • Maximum leverage 1:1000

ECN Account

  • Variable spreads averaging at 0.2 pips
  • Commissions of $6.00 per lot round trip
  • Minimum trade size 0.01
  • Maximum leverage 1:1000

Security and Fairness

FreshForex is a very well established online trading brokerage as they have been successfully operating for over 13 years and have built up a viable reputation in the Russian and Asian markets. FreshForex is a safe, fair and transparent trading broker because they are licensed and regulated by the Centre of regulation in OTC Financial Instruments and Technologies (CRFIN) and the Commission for the Regulation of Relations of Financial Markets (KROUFR). As well, FreshForex uses only licensed liquidity providers and front-line data protection systems to ensure their clients personal information is kept safe and secure at all times.

Support

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

Conclusion

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

FreshForex Q&A

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

Is FreshForex regulated?

Yes, it is regulated by the OTC Financial Instruments and Technologies (CRFIN) and the Commission for the Regulation of Relations of Financial Markets (KROUFR).

Is FreshForex a scam?

No, FreshForex is a legit broker.

Where is FreshForex based?

FreshForex is based at PO Box 1825, Cedar Hill Crest, Villa, St. Vincent and the Grenadines

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FreshForex Reviews by Traders
Rate Broker and write a review
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SteveR
139 reviews
Review date 27/08/2018
1 2 3 4 5 6 7 8 9 10
FreshForex offers an intuitive choice of trading platforms as well as financial instruments for traders.
FreshForex is not regulated by any reputable regulatory authorities.
RParker
208 reviews
Review date 27/08/2018
1 2 3 4 5 6 7 8 9 10
FreshForex has a very strong range of assets to speculate with. They are also highly regulated.
FreshForex has a mediocre reputation among trades. They also don't allow traders from many countries.
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