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FreshForex – Detailed Review and Trader Feedback 2024

4.5 / 5

Since 2004, the broker «FreshForex» carries out its financial activity. The service is registered and regulated by the public authorities of Saint Vincent and the Grenadines and is owned by the brokerage structure Riston Capital Ltd. All supporting documentation is available on the official resource.

1. «FreshForex» - general information

Website is available in ten languages. Today, «FreshForex» offers users an extensive range of services, including operations on Forex, precious metals CFD, indexes, securities and energy, as well as Smart Bridge Technology transaction hedging service. In addition, the broker offers its clients the opportunity to trade training, extensive bonus and affiliate programs, as well as 24-hour technical support.

According to the results of an independent survey conducted by reputable «Interfax», «FreshForex» was among the top 10 best brokers of the Russian Federation in 2011. In 2016, the similar result was achieved, despite the lack of official representation of the company in the country.

2. Advantages and disadvantages

Extensive experience: «FreshForex» has been successfully operating in this market for more than 15 years. It is among the most rated financial organizations, which indicates its high status, reliability and professionalism.

Favorable trading conditions: The leverage is from 1 to 2000, there are more than 140 trade instruments, which implies wide range of opportunities for investment and stable earnings in the financial market.

No initial deposit: customers can invest any amount. The conditions are optimal for both experienced investors and beginners.

Free analytics at a professional level: Analytical forecasts from the company's specialists allow traders to invest their funds more profitably, to understand in detail the market trends and directions of possible change of asset price.

Honest and transparent bonus policy: now the service has several bonus programs: «101% for replenishment», CashBack, «Golden words», «200% for each replenishment», as well as bonuses for writing thematic articles. The conditions for each offer are specified on the official website of the company.

Instant execution of orders with narrow spreads: Freshforex servers are in close proximity to the trading servers of the main financial markets, forming a network of proven liquidity providers. With the arrival of important financial news, clients are provided with an instant market execution for 0.05 seconds, fairly tight spreads and best prices are formed.

No fees for making deposits: Despite the method of replenishment, there is no extra payment.

Instant withdrawal of earned funds: The standard duration of processing user withdrawal request for an earned capital is up to 10 minutes while it is made during the working day.

Demo account: Each user can create a training account to try to trade in the market without investing funds and any risks.

No license in the Russian Federation: Some traders are confused by the fact of unlicensed activity on the territory of the Russian Federation, despite the presence of permits of other countries.

No company's offices in the Russian Federation.

Inability to transfer funds in trust: all operations in the financial market are performed by the investor

3. Trade conditions

Investors can use the following assets, which are available on each account:

  • 49 Forex pairs;
  • 7 precious metals CFD;
  • 68 securities CFD of different companies;
  • 1 index CFD;
  • 6 cryptocurrency CFD.

Currency pairs are the most popular trading instrument among investors. Due to the high volatility index, with this type of instrument you can get a stable income. As for the securities, the broker's clients earn on shares of Nvidia, Qiwi, Apple, Ebay, Goldman Sachs, etc. If you have enough experience, you can earn money by using various options of energy. All categories of investors can use Forex, CFD and stock market yield cards.

4. Trade platform

Meta Quotes MT4 and MT5 terminals are provided for market activities. Programs open access to transactions with any accounts. When you make MT5 active, Swap Free option is unavailable. If you need it for work, you should register account for MetaTrader4. Additional servers include VPS for the continuous operation of trading advisors and «FreshForex Easy bot», which shows the latest recommendations via Telegram channel.

5. Account type

The following types of accounts are available for creating in «FreshForex»:

  • Classic trade account is an account with the ability to perform transactions with currency and base assets. The investor can use 130 trading instruments with leverage of 1 to 2000. The minimum order is 0.01 lot. Spread - from 2 points.
  • Affiliate Market Pro is recommended for experienced users, including traders working at minimum intervals (scalpers). Leverage is from 1 to 25 to 1 to 500. Floating spread is from 0.9 points.
  • ECN provides access to transactions on the interbank market at the market price. Execution of orders for the purchase or sale of an asset are up to 0.05 seconds. The spread is from 0 points. There is a commission of 0.003% for the contract.
  • Swap Free is a special account recommended for investors who open and operate long-term trading positions. There is no fee for the positions swap for subsequent trading sessions, fixed commission is paid. If necessary, this option can be activated in other trade accounts.
  • ProCent is a cent account for transactions in real market conditions with no risk. This type of account is optimal for inexperienced users and investors who use trading advisors

6. Creating accounts and withdrawal of funds

To create an account, you need to visit the company's website and select the desired option in the «Trading conditions» section. In the next window click on «Create account», and then go through the standard registration procedure. At the first stage, the client must specify the country of residence, mobile phone number and e-mail address. At the second stage, you need to enter your personal data and choose the account parameters. After the operation is completed, the system will send a confirmation letter with login and password to the specified E-mail.

There are more than 20 ways to deposit and withdraw funds, including bank cards, bank transfers and electronic payment services. When replenishment is done, «FreshForex» compensates the amount of commission of payment systems, withdrawal provides standard commission. For example:

  • 3.5% for bank cards with ruble account;
  • 2.8% for bank transfer;
  • 2% for ruble transfers and 3% for currency on Qiwi;
  • 2% for Yandex.Money service;
  • 0.8% for WebMoney service;
  • 1% for Skrill system.

Each user can choose the best option with an acceptable amount of commission.

7. Demo account

The company's website provides the opportunity to activate a training account with a «virtual currency». It can be used to study trading without the possibility of real profits. Access to the demo account is provided after the standard registration.

8. Mobile trade

The service provides customers with the opportunity to use mobile trading using mobile applications of trading platforms developed for iOS and Android. Mobile versions are provided for MT4 and MT5. Programs are available for download in Play Market and AppStore. Applications are for free. Main features of mobile platforms:

  • online listing of market instruments;
  • full set of orders, including pending ones;
  • ability to perform transactions directly from the chart;
  • all types of operations are supported;
  • detailed history of all transactions.

The interface of mobile terminals is simple and convenient. Charts are available in three versions: bars, broken line and candles with zoom and scrolling. 7 time intervals are available: M1, M5, M15, M30, H1, H4 and D1

9. Trader training

«FreshForex» has an extensive training system, which includes online trainings, video lessons with comments, as well as various literature on trading topic. According to users' feedback, the basic course of Forex trading allows you to master the necessary trading skills in a short time.

For experienced investors, special courses have been developed; they include the secrets of working in the market presented in detail, specific methods of market review, which give the most accurate idea of the subsequent fluctuations in the value of assets.

«FreshForex» webinars are held every week. The experts provide customers with reviews of the market situation, offer you ready-made trading strategies and acquaint with the possible consequences of the publication of important news. During the webinars, users can be consulted by experienced analysts online, learn from their experience and knowledge.

10. Trading strategy

Various strategies can be used on the broker's platforms: short-term, medium-term and long-term. Due to a wide range of financial instruments and effective analytics, it is possible to study in detail the behavior of the market and the change of the assets value.

In addition, «FreshForex» is a great option for making transactions based on news and scalping the market. For profitable scalping, the client should add the «rebate» bonus and compensate up to 20 USD for any closed order.
To choose the right strategy, customers can use:

  • Determining the asset level;
  • Fundamental analysis;
  • Murray levels analysis;
  • Wave analysis;
  • Optional analytics;
  • Analysis of margin positions.

Additionally, a calendar of future events, MetaQuotes news and schedule of working sessions are available on the broker's website. Forex Huckster, a special service of advisers, is also available

11. Regulation and solution to the disputes

The company has all the necessary permits for the right to provide financial and investment services from the regulators of Saint Vincent and the Grenadines, as well as a license of Commission on regulation of relations of financial market participants for performing activities in the Russian Federation.

Currently, «FreshForex» covers more than 158 countries with a huge number of active users. The broker has about thirty awards, including Best Trading Experience, Best Trading Conditions Award, Best Bonus Program and Best customer service (from MasterForex-V).

An additional factor testifying to the reliability of the organization is the availability of liquidity providers with a European license.
Technical support works 24-hours and responds quickly to user requests, which also indicates the reliability of the broker and the high quality of its work.

12. Should you trade with FreshForex?

The company does not have the license from the Central Bank of the Russian Federation, but this is one of the few disadvantages of the broker, which is compensated by the presence of other permits and a high level of reliability in general. Withdrawal of earned funds is carried out without failures and fast, which cannot be provided by many other similar organizations.

Clients are offered several accounts for different trade options and more than 140 financial instruments. The extensive training section helps not only beginners in learning the basics of trading, but also experienced investors who want to develop their skills. You can work with this company, especially since there are extensive bonus and affiliate programs, where everyone can earn extra points or get points for use in transactions in the market

Reviews on FreshForex

Comments about FreshForex
( 31 )
User rating: 4.0 / 5

Comments: 31

  1. avatar
    Thobeka tshabalala
    13/05/2020

    Can i request a profit transfer from a bonus with deposit

  2. avatar
    Ajay
    27/09/2022

    I recognized that FreshForex is an ecn broker, so I knew they were serious. They are one of the few brokers out there that are genuinely reputable, and I can vouch for the fact that they are completely regulated.

    5/5

  3. avatar
    Bobbie
    30/09/2022

    As a result, I began looking for a website that was sophisticated enough to let me perform these tasks concurrently, which is how I discovered FreshForex. I no longer need to switch between several software programs since I have all I need in one slick, contemporary platform that covers everything for technical analysis.

    4/5

  4. avatar
    Terje
    28/10/2022

    Scalping was facilitated by their ECN account’s relatively narrow spreads and a starting capital of $50. The charge is really reasonable because I can always make up for it with my trading positions. There were no delays or requotes.

    5/5

  5. avatar
    Wendell
    11/11/2022

    While trading on the forex market, it becomes extremely necessary for the trader or investor to launch several orders based on different criteria. FreshForex offers trading platforms with speculative content and accurate market data for more than 50 different currency pairings. This has made it possible for many traders to initiate and finish deals in accordance with their predictions of market trends and movements.

    4/5

  6. avatar
    Einar
    28/11/2022

    It’s good to hear the broker permits scalping because I previously had my account disabled because of it after they said it would interfere with their trading servers. Not at FreshForex since they encourage scalping, as seen by the spreads they provide, for instance. Never had any scalp requotes on their ECN account.

    5/5

  7. avatar
    Ivan
    22/12/2022

    One of the brokers weirdly doesn’t provide clients live customer help. However, it doesn’t really matter because of their “letter” support system’s reasonable response times. Despite the slight shortcomings, I never take advantage of any of their deals that are posted on their website; I only trade. Overall, there was almost no delay and the latency experience was really good.

    4/5

  8. avatar
    Archie
    25/12/2022

    Crypto/Forex Trading are great ways to make a lot of money full-time from home. I know a lot of people who got rich in Trading which made me so motivated. I know Crypto is a risky investment but you can not be afraid to lose money in this field. If you learn the right skills of Trading, you will be making money from $6,000 to $15,000 weekly. I’ve made about $140,000 in weeks.

    I am learning every day ways to make money from the crypto/forex market with new strategies and tools. I currently have 4 income I receive in my bank account. If you are interested to know how I make so much money from trading you can write me a message via WhatsApp +1 (562) 543-3882

    I am always here to help anyone that wants to pursue their dreams to be wealthy in this lifetime.

    Good Luck!

    5/5

  9. avatar
    Wilf
    30/12/2022

    In addition, I’ve never finished a transaction with negative slippage or dealt with re-quotes. Every month, I withdraw money, and the services are excellent. Very unlike from the former broker I used, who now declines the majority of their clients’ earnings.

    4/5

  10. avatar
    Vanda
    23/01/2023

    Just fair trading services; no scams. When I made a little initial deposit with FreshForex, which welcomes any amount to trade on their platform, this is what I experienced.

    4/5

  11. avatar
    Georgina Thomas
    26/01/2023

    In the Last 8 years, customers has lost nearly $580m to fraudulent broker company, only a quarter of which was refunded by financial and recovery firms. I was also a victim to Noble Capital House. I invested the sum of £90,000 and i lost everything. They won’t allow me to withdraw even when it was clearly stated on their website that withdrawal only take 48 hrs. i wrote to them several times but didn’t get a response. I searched the internet for victims of binary options and how they have managed to recover their money. Fortunately I came across a recovery expert Mr Eddie Wilfred, after reading positive reviews about him online. Fast forward to two weeks later he was able to helped me get my funds back. I believe a lot of people are also in my shoes that’s why i want to recommend him and his recovery strategy.
    Feel free to reach out to him via his email address:[email protected], and he will guide you on steps to take and get your investment refunded back to you

    1/5

  12. avatar
    Britt
    30/01/2023

    I can speak from personal experience when I say that FreshForex’s kind customer service is what kept me engaged with them for so long. The company’s user-friendly atmosphere for learning trades with their top-notch Forex demo service and the chance to participate in their weekly seminars are its greatest offerings, in my opinion. Definitely an excellent learning experience.

    4/5

  13. avatar
    JESSICAH
    19/02/2023

    I also fell a victim to this scam broker. They kept on asking me to deposit more money. Then they stopped picking up my calls and doesn’t reply my mails. After loosing more money. Finally I have gotten back all my lost fund and bonus from CFD stocks.They stocked all my trading capital and deprived me access into my account for over two months now after I’ve invested $70,000 with them.Thought I was not gonna see this day, but as God may have it, today I’ve got back all my money for real with the help of professional. Lesson learnt! I’m happy to share my experience If you’ve been locked out from logging into your binary option trading account or you are unable to make withdrawal from your broker account, maybe because your broker manager is asking you to make more deposit before you can place a withdrawal and you need assistance, kindly get in contact with him on email address: { [email protected]} he will guide you on steps to take to regain access to your account, make withdrawal freely and easy, as well as recover all your lost funds in reality.

    5/5

  14. avatar
    Aune
    20/02/2023

    They would rather safeguard my trading drawdowns than raise my trading risks because the deposit bonus is so large. On the other platforms, this is quite uncommon to come across.

    5/5

  15. avatar
    Deepika
    27/02/2023

    My issue was resolved rather fast. There was a contentious scenario, which the support crew swiftly rectified after identifying its source. Because they are exclusively on their chat platforms, don’t be afraid to inquire.

    4/5

  16. avatar
    Kortney
    22/03/2023

    Because of them and their weekly webinars, my perspective on forex has completely altered. I was inspired to learn more about forex trading by their incredibly positive outlook on it.

    5/5

  17. avatar
    Branimir
    30/03/2023

    After depositing or withdrawing funds from my trading account, I saw no indication of a fraud. It suffices to mention that they operated with a slight delay but would essentially complete everything.

    4/5

  18. avatar
    Bashe
    24/04/2023

    Requotes still occured seldom on their ECN account even though execution on the MT4 platform is quick, although a little slower during high-volume sessions. a trustworthy trading platform where you may try out scalping.

    4/5

  19. avatar
    Lilit
    30/04/2023

    I have found their servers to be reliable when executing my scalping trades, and they have better tight spreads compared to other brokers. In contrast, my experience with FBS was disappointing due to stop-hunting candles that occurred several times a week.

    5/5

  20. avatar
    Brynhild
    24/05/2023

    This broker offers a diverse range of trading instruments, from less volatile ones to highly volatile ones like Gold and even BTC. You can apply simple trading analysis to each instrument, including stocks, Forex, and cryptocurrencies.

    5/5

  21. avatar
    Berislav
    31/05/2023

    This broker offers a wide range of trading instruments, including the opportunity to trade cryptocurrencies, which tend to have higher volatility compared to most Forex instruments.

    5/5

  22. avatar
    Sarita
    27/06/2023

    Their daily market forecasts consistently offer simplified analysis. You can access these forecasts on their website and determine whether they align with your personal trading approach.

    5/5

  23. avatar
    Jaroslava
    30/07/2023

    The commission structure for attracting clients is quite appealing, given the remote nature of our work, and the broker also offers attractive promotional content to enhance the trading experience.

    4/5

  24. avatar
    Gwillym
    30/07/2023

    It’s wise to start with a small amount of money and gradually increase your investment. FreshForex’s ECN account offers tight spreads and no delays.

    5/5

  25. avatar
    tony luis
    06/08/2023

    This broker is a scam if only I had read about them before going into trade with them. ???? they keep telling me to deposit more of my funds.. After I read about them and concluded and decided to reach out to Mrs. HARPER after I read so many reviews on how She has helped a lot of victims. Well, I am glad Mrs. HARPER was able to help me recover my money. You can get in touch with HER on their company mail
    Email: ( harperjamesplatform @ gmail . com )

    1/5

  26. avatar
    Sofia
    17/08/2023

    WDCMARKETS is a big scam, I invested a lot of money in this company and everything was going good until I said I wanted to withdraw and all my money was gone. I paid 240,000 Euros, they won’t allow me to withdraw any of my money out, I email them everyday, once you put money in, you can’t get it out. I finally was able to get my money back with the help of a recovery chargeback service done by ([email protected]). His reliable chargeback firm, you can contact him if you need, He can help you get your life back like he did for me, I guess this information may be usef

    5/5

  27. avatar
    Zsanett
    29/08/2023

    This place is like a trophy cabinet. They’ve won awards, like that Forex Expo thing. And here’s a little secret: when I use their trading accounts – the regular and the crypto ones – on their snappy servers, things go smoother. Fast action, no delays, and you can totally bank on it being reliable.

    5/5

  28. avatar
    Bassit Angea
    14/10/2023

    It’s really so hard to believe that this company was set up to make people as well as investors to lose their funds and to regret their actions. I was so dumb to have associated myself with this scam scheme and i faced the consequences by losing some money at first , but I was reimbursed through the help of professionals from cp-investigation (.) com and I was told to be careful of most investment companies out there.

    2/5

  29. avatar
    James blood
    22/01/2024

    If you have experienced substantial financial loss as a result of fraudulent binary option investments, it is important to file a complain about the scam broker and obtain a chargeback service in getting back your asset, I recommend gryphon solicitor as a reliable recovery firm proceeding with their assistance in recovering your asset. I have come across positive feedback about gryphonsolicitor. com, I have use there and gain positive outcome and would recommend them which may be worth exploring in securing a legal chargeback service.

    3/5

  30. avatar
    Nicholas
    24/02/2024

    You can deposit money and trade but When you want to make withdrawal of your funds they seem to reject it, Which means you can accumulate ur asset on their page , After asking for a withdrawal, I sent another email, but I got no response. When I contacted Gavin ray a recovery specialist for assistance, he looked into the matter and made the necessary arrangements, so I had to take the proper steps in order to receive my money back. He gave me a full refund of the money that was held on the platform via his mail Gavinray78 gmail. com or WhatsApp +13523222096 ,It was a negative encounter with the platform

    3/5

  31. avatar
    JENKINS+COOPER
    01/05/2024

    HAVE YOU BEEN RIPPED OF YOUR COINS.

    Have you gotten your bitcoins stolen from your wallet or invested in an ICO that turned out to be a scam, you are not alone because this happened to me too. I initially lost $96,000 in just less then five months from Fake investment scam company. My friend referred me to a hacker who helped me recover all my funds within 3 days. I’m speaking up to improve awareness of these cryptocurrency thieves and help as much as i can to reduce victims to the minimum. If you have been a victim, Simply contact Them ( MorrisGray380 at Gmail Dot Com )or whatsapp ( +1 607 698 0239 )…

    2/5

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