Freshforex review

Fresh Forex

FreshForex is a Forex and CFDs broker that has been operating since 2004. Despite its 18+ years of industry experience, the broker lacks any regulatory licenses, which is a significant drawback. While its longevity suggests some legitimacy, it remains riskier compared to well-regulated brokers. FreshForex offers a diverse selection of over 270 trading instruments across various asset classes, including currency pairs, cryptocurrencies, shares, indices, metals, and ETFs, providing traders with ample options. The broker claims to prioritize data protection and partners with licensed liquidity providers worldwide. They also offer an extensive educational resource with over 1000 articles that delve into Forex trading concepts in detail. Order execution is notably fast, taking as little as 0.05 seconds without requotes. The broker emphasizes their 24/5 customer support and provides a multilingual website for convenience. To attract clients, FreshForex offers a comprehensive bonus system, including a +10% cryptocurrency deposit bonus, Stop-Out Insurance, a deposit bonus of up to 300%, a drawdown bonus of up to 202% when funding a trading account, a $99 no deposit bonus, cashback rewards, and commission-free deposits. The no deposit bonus is particularly enticing as it requires no initial investment and allows for profit withdrawals. FreshForex also offers VPS and auto trading services to its clients. Deposits are free of commissions, while withdrawals are charged starting from 0.1%. The broker provides a wide range of payment options, including online methods, cryptocurrencies, wire transfers, and card payments.
Algeria, Andorra, Angola, Antigua and Barbuda +141 more
Account currencies
CFDs on Stocks, Crypto CFDs, Energies, Indices, Precious metals
MT4, MT5
Deposit methods
AdvCash, Bank Transfer, Bitcoin, Credit Card, Fasapay, Neteller, Skrill, WebMoney
Cent Accounts, Copy trading, Demo account, ECN, Exotic Pairs, Expert Advisors, Hedging allowed, High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, Signals, Swap-free
Deposit bonus, Drawdown bonus, Welcome bonus
Visit broker
FreshForex provides three trading accounts: Classic, Market Pro, and ECN. The absence of minimum deposit requirements allows clients, especially beginners, to start with as little as 0 USD. The Classic account supports both MT4 and MT5 trading platforms, offers spreads starting from 2 pips, leverage of up to 1:2000, and is commission-free. Traders can trade a maximum of 20 lots with this account. The Market Pro account shares similar conditions but features lower spreads starting from 0.9 pips, leverage of up to 1:1000, and is compatible with MT4 only. Like the Classic account, Market Pro is also commission-free. The ECN account boasts the lowest spreads starting from 0 pips, leverage of up to 1:1000, and charges a trading commission of 0.003% per contract or 1.9 USD per lot per side. FreshForex offers various versions of MT4 and MT5, including desktop, web, and mobile trading apps. Additionally, FreshForex provides a unique educational system in a step-by-step format. Divided into tabs, each step offers increasingly advanced explanations. While it doesn't cover all aspects of trading comprehensively, it provides a basic understanding of the Forex market. The broker also offers an economic calendar and market forecasts. Overall, FreshForex appears to be a legitimate broker offering attractive trading conditions, a range of bonus programs, and no minimum deposit requirements. For those seeking low spreads, the Market Pro account stands out as it offers leverage of 1:1000 without charging any commissions.

FAQs about Fresh Forex

Is FreshForex a good broker?

The legitimacy and reliability of FreshForex are questionable as the broker lacks any regulatory licenses. While they have been operating for over 18 years and offer a wide range of trading instruments, choosing a well-regulated broker may be a safer option.

How much is the minimum deposit in FreshForex?

FreshForex offers no minimum deposit requirement, allowing clients to start trading from 0 USD. This feature can be beneficial, particularly for beginners and traders with small budgets.

What are the fees for FreshForex?

FreshForex offers commission-free deposits but charges fees starting from 0.1% for withdrawals. The specific fees for trading vary depending on the chosen account type. The Classic and Market Pro accounts are commission-free, while the ECN account has a trading commission of 0.003% per contract or 1.9 USD per lot per side.