According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $25
- MT4
- MT5
- Mobile Trader
- 2004
Our Evaluation of FreshForex
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
FreshForex is a reliable broker with the TU Overall Score of 7.04 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by FreshForex clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
FreshForex is a reliable Forex broker providing a standard set of trading tools. The company is a good option for traders of all levels, from beginner to professional traders. It is mid-range in terms of size and number of registered traders and they are reliable based on our research and analysis.
Brief Look at FreshForex
FreshForex offers more than 270 assets for trading, including Forex, CFDs on stocks, precious metals, energy, indices, and cryptocurrencies.
FreshForex boasts attractive trading conditions with spreads from 0 pips and leverage up to 1:2000. There are several account types - Classic, Market Pro, and ECN - catering to different trader levels and preferences. Traders can start with a minimum deposit of just $25, though higher deposits are recommended for certain accounts.
While lacking a top-tier regulatory license, FreshForex has built a reputation through 20 years of operation with over 20 international awards for its trading conditions and services. The broker aims to provide flexible, low-cost trading options across multiple asset classes.
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- favorable trading conditions;
- work with the liquidity providers having a European license;
- 270 instruments for trading: Forex instruments, CFDs on precious metals, energy products, and indices, cryptocurrencies as well as corporate shares and ETF;
- spreads from 0 pips;
- the ability to replenish the account and withdraw funds quickly;
- bonuses and offers;
- easy to use the software that is available on your desktop computer, laptop, tablet, or smartphone.
- customer service works 24 hours although not on weekends;
- no investment programs.
TU Expert Advice
Financial expert and analyst at Traders Union
This company is a proven partner of the Traders Union, the broker strictly fulfills its obligations for our traders and has been consistent for years. There are no hidden payments to the company, lucrative offers, and various bonus programs are provided. However, sometimes there are failures of both the trading platform and Personal account, but this is not the crucial factor.
The quality of the customer service is of a high standard, good materials on market analysis and trading information and training are provided, comfortable trading conditions - all these features can characterize FreshForex broker. This is beneficial for beginners to master the market and build a career, and experienced traders - to move up the career ladder confidently. However, FreshForex is not popular among the major investors, it is more preferred by beginner traders.
There are more than a hundred tools that they have on offer. However, FreshForex will not work for the fans of cryptocurrency as it does not provide these trading instruments. You can test your strengths at FreshForex with minimal risk not only on a demo account but also at the real market, starting with a deposit of 1 US dollar. There are no minimum amount of restrictions, also, you can pre-test the effectiveness of the strategy and master the software using a demoor cent account.
There are a lot of training materials on the official FreshForex website: from self-help instructions to video lessons. This Forex broker has also taken care of providing traders with analytical data by placing a set of effective market analysis tools in the corresponding section of the site.
FreshForex quickly updates quotes, works only with liquidity providers having the license of the European standard - it is another positive feature that is worth mentioning regarding this broker.
- You prefer easy-to-use software accessible on various devices like desktop computers, laptops, tablets, or smartphones.
- You are looking for brokers offering attractive trading conditions, including tight spreads, leverage up to 1:2000, and commission-free deposits.
- Regulatory concerns are crucial for you, as the broker lacks reputable regulators such as the FCA, CySEC, or ASIC.
FreshForex Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high 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.
💻 Trading platform: | MT4, MobileTrading, MT5 |
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📊 Accounts: | Classic, Market Pro, ECN |
💰 Account currency: | US dollars (USD), euro (EUR), KZT, ZAR, NGN, MYR, TZS, Cryptocurrencies: BTC (Bitcoin), ETH (Ethereum), ADA (Cardano), BCH (Bitcoin Cash), BNB (Binance coin), XRP (Ripple), LTC (Litecoin) |
💵 Deposit / Withdrawal: | Bank cards, electronic payment system, Internet-banks, M-Pesa, EazzyPay, Airtel Money, TigoPesa, OnlineNaira, Banks of Malaysia, Banks od Indonesia, Banks of Vietnam, Banks ofPhilippines, Banks of Thailand, Banks of Nigeria, ฝากด่วนออนไลน์, GửiTiềnNhanh, My direct, Transfer Kilat, Kuchinga Voucher, Ozow, Snapscan, E-wallets of the Philippines, more then 10 crypto methods |
🚀 Minimum deposit: | $25 |
⚖️ Leverage: | From 1:25 to 1:2000 |
💼 PAMM-accounts: | No |
📈️ Min Order: | 0,01 |
💱 EUR/USD spread: | 0,4 pips |
🔧 Instruments: | Forex, CFD on precious metals, stocks, ETFs, indexes, Energy Futures, cryptocurrencies |
💹 Margin Call / Stop Out: | 100% / 20%; 100% / 40%; 100% / 60% |
🏛 Liquidity provider: | Market Execution |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Order execution: | Market Execution (NDD), market execution — no requotes |
⭐ Trading features: | Automated trading with advisers; Free analytical reviews; No commission is charged; Trade through Telegram. |
🎁 Contests and bonuses: | 101% bonus for margin, 300% for each replenishment. Insurance from stop out, cashback $20 per lot. |
Trading conditions at FreshForex are fairly comfortable for both novice and experienced traders. The trader can determine the minimum deposit amount independently, regardless of the type of account. The leverage is 1:25 - 1: 2000.
FreshForex Key Parameters Evaluation
Video Review of FreshForex
Share your experience
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- Last
- Oldest


Awesome
Am happy so far, I cant complain


Trade in with confidence and value
No bad point at all


The spreads are tight (often under 1 pip on majors). the support team answers pretty quickly when you need help.
No weaknesses


Good customer support
User Interface


Good trading conditions, support service and well established financial matters
I'm happy with everything about the broker's work right now




Been working with the broker for a long time, I like their trading conditions and small commissions.
There may be slippages
Trading Account Opening
To start working with FreshForex it is necessary:
To register at the Traders Union site and go to the broker’s site using the affiliate link. To press the Open account on the main page.


Register on the broker's website, indicating the following information: email address, last name and first name. Also choose the parameters of your trading account. A confirmation link will be sent to the specified email address, after clicking on it the registration is completed.
Important notice: Depositing and trading is available without verification.The following options are available in FreshForex Personal account:






There are also many other useful functions and opportunities here:
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analytics, updated every 1-3 minutes. The section has a calendar that will help you find news in the archive;
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effectiveness and profitability statistics for affiliate programs with infographics;
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customer service.
FreshForex Client area has been renewed and improved recently that has made it very use-friendly as for desktop users as well as for mobiles.
Regulation and safety
FreshForex has a safety score of 2.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- 20 years on the market
- Not tier-1 regulated
- Not regulated
FreshForex Security Factors
Foundation date | 2004 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
FreshForex is Not a Regulated Broker
Commissions and fees
The trading and non-trading commissions of broker FreshForex have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Eightcap and XM Group, to provide the most comprehensive information.
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- Withdrawal fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FreshForex with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FreshForex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FreshForex Standard spreads
FreshForex | Eightcap | XM Group | |
EUR/USD min, pips | 0,1 | 0,4 | 0,7 |
EUR/USD max, pips | 0,2 | 1,5 | 1,2 |
GPB/USD min, pips | 0,5 | 0,8 | 0,6 |
GPB/USD max, pips | 1,0 | 1,5 | 1,2 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FreshForex RAW/ECN spreads
FreshForex | Eightcap | XM Group | |
Commission ($ per lot) | 3 | 3,5 | 3,5 |
EUR/USD avg spread | 0,4 | 0,1 | 0,2 |
GBP/USD avg spread | 0,4 | 0,3 | 0,2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FreshForex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FreshForex Non-Trading Fees
FreshForex | Eightcap | XM Group | |
Deposit fee, % | 0 | 0 | 0 |
Withdrawal fee, % | 0,1-3,5 | 0 | 0 |
Withdrawal fee, USD | 2-5 | 0 | 0 |
Inactivity fee ($, per month) | 0 | 0 | 10 |
Account types
For comfortable work, a trader is provided with several types of trading accounts:
It is important to note that the amount of leverage depends on the type of account from which trading is conducted. Before opening the main account, it is recommended that you familiarize yourself with the potential of the broker and the functionality of the platform at the training demo account to avoid problems.
To increase the percentage of successful transactions conducted by traders the FreshForex provides up-to-date analytical data in the Analytics section on the official website. It contains many tools that will help you understand the market state.
To make it easier to decide on FreshForex, we recommend you to study not only the trading conditions of this broker but also the reviews of its customers that you can find on the page below.
Deposit and withdrawal
FreshForex received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FreshForex provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No deposit fee
- Low minimum withdrawal requirement
- Bank wire transfers available
- USDT (Tether) supported
- Many local deposit methods
- 8 currencies of trading account and 7 cryptocurrencies
- Limited deposit and withdrawal flexibility, leading to higher costs
- Withdrawal fee applies
What are FreshForex deposit and withdrawal options?
FreshForex provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods EazzyPay, Airtel Money, TigoPesa, OnlineNaira, Banks of Malaysia, Banks od Indonesia, Banks of Vietnam, Banks of Philippines, Banks of Thailand, Banks of Nigeria, ฝากด่วนออนไลน์, GửiTiềnNhanh, My direct, Transfer Kilat, Kuchinga Voucher, Ozow, Snapscan, E-wallets of the Philippines, BTC, USDT, Ethereum and other crypto deposit methods.
FreshForex Deposit and Withdrawal Methods vs Competitors
FreshForex | Eightcap | XM Group | |
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | Yes | No |
Wise | No | No | No |
BTC | Yes | Yes | Yes |
What are FreshForex base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. FreshForex supports the following base account currencies:
What are FreshForex's minimum deposit and withdrawal amounts?
The minimum deposit on FreshForex is $25, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FreshForex’s support team.
Markets and tradable assets
FreshForex offers a limited selection of trading assets compared to the market average. The platform supports 270 assets in total, including 70 Forex pairs.
- Crypto trading
- Indices trading
- 70 supported currency pairs
- No ETFs
- Limited asset selection
FreshForex Supported markets vs top competitors
We have compared the range of assets and markets supported by FreshForex with its competitors, making it easier for you to find the perfect fit.
FreshForex | Eightcap | XM Group | |
Currency pairs | 70 | 40 | 57 |
Total tradable assets | 270 | 800 | 1400 |
Stocks | Yes | Yes | Yes |
Commodity futures | Yes | Yes | Yes |
Crypto | Yes | Yes | No |
Stock indices | Yes | Yes | Yes |
Options | No | No | No |
Investment options
We also explored the trading assets and products FreshForex offers for beginner traders and investors who prefer not to engage in active trading.
FreshForex | Eightcap | XM Group | |
Bonds | No | No | No |
ETFs | No | No | No |
Copy trading | No | No | Yes |
PAMM investing | No | No | No |
Managed accounts | Yes | No | No |
Trading platforms & tools
FreshForex received a score of 7.9/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- One-click trading
- Strategy (EA) Builder is available
- Free VPS for uninterrupted trading
- MetaTrader is available
- No TradingView integration
- No access to API
- No access to cTrader and its advanced tools.
Supported trading platforms
FreshForex supports the following trading platforms: MT4, MT5, WebTrader. This selection covers the basic needs of most retail traders. We also compared FreshForex’s platform availability with that of top competitors to assess its relative market position.
FreshForex | Eightcap | XM Group | |
MT4 | Yes | Yes | Yes |
MT5 | Yes | Yes | Yes |
cTrader | No | No | No |
TradingView | No | Yes | No |
Proprietary platform | No | No | No |
NinjaTrader | No | No | No |
WebTrader | Yes | Yes | Yes |
Key FreshForex’s trading platform features
We also evaluated whether FreshForex offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features
2FA | Yes |
Alerts | Yes |
Trading bots (EAs) | Yes |
One-click trading | Yes |
Scalping | Yes |
Supported indicators | 68 |
Tradable assets | 270 |
Additional trading tools
FreshForex offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
FreshForex trading tools vs competitors
FreshForex | Eightcap | XM Group | |
Trading Central | No | No | Yes |
API | No | Yes | Yes |
Free VPS | Yes | No | No |
Strategy (EA) builder | Yes | Yes | No |
Autochartist | Yes | No | No |
Mobile apps
FreshForex supports mobile trading, offering dedicated apps for both iOS and Android. FreshForex received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- User-friendly interface
- Indicators not supported
- Low app installs across iOS and Android
We compared FreshForex with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
FreshForex | XM Group | RoboForex | |
Total downloads | No data | 10,000,000 | 1,000,000 |
App Store score | 5.0 | 4.7 | |
Google Play score | No data | 4.8 | 4.7 |
Mob. 2FA | No | No | Yes |
Mob. Indicators | No | Yes | Yes |
Mob. Alerts | No | Yes | Yes |
Education
A separate Training section has been created on the official website, where traders can find useful materials to increase their level of knowledge as well as the Analytics section with many tools.
Customer support
Customer service of the broker is ready to consult and help traders around the clock 5 days a week.
Advantages
- There are online chat and telephone support
- Multi-Language support
- Real people in the chat, not bots
Disadvantages
- Does not work on weekends
You can contact customer service in several ways:
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by telephone numbers, indicated at the site;
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in an online chat at the broker’s site;
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using the contact form in the Client area;
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by email.
Contacts
Foundation date | 2004 |
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Registration address | St. Vincent and the Grenadines, Kingstown, Beachmont, P.O. Box 1510, Suite 305, Griffith Corporate Centre |
Official site | freshforex.com |
Contacts |
+442070992124
|
Comparison of FreshForex with other Brokers
FreshForex | Eightcap | XM Group | RoboForex | Exness | LiteFinance | |
Trading platform |
MT4, MobileTrading, MT5 | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MT5, MultiTerminal, Sirix Webtrader |
Min deposit | $25 | $100 | $5 | $10 | $10 | $10 |
Leverage |
From 1:25 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:2000 |
From 1:1 to 1:1000 |
Trust management | No | No | No | No | No | Yes |
Accrual of % on the balance | No | No | No | 10.00% | No | 7.00% |
Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0.5 points |
Level of margin call / stop out |
100% / 20% | 80% / 50% | 100% / 50% | 60% / 40% | 60% / No | 50% / 20% |
Execution of orders | Market Execution | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Market Execution, Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | Yes | No | No | Yes | Yes | Yes |
Detailed Review of FreshForex
FreshForex is one of the most famous Forex brokers in the 158 countries. FreshForex has been providing services for traders since 2004. During this time, the company has earned an excellent reputation amongst traders on the Forex Market due to its secure currency and securities and that it has been operating for over 20 years. Due to the transparency of trading conditions, a free demo account, and the absence of restrictions on the minimum deposit (you can start trading on any account even with 25 US dollar), beginner traders can be confident to trade with low risk and accelerate a trader’s career at FreshForex. With its excellent conditions, most reviews about Fresh Forex are positive, and the company has earned many prestigious awards.
FreshForex is suitable for beginner traders
FreshForex places a large focus on beginner traders as well as on professional major investors. The customer reviews on this company show that they choose this broker because of the good trading conditions, the opportunity to not only open a free demo account but also to have a shot at the real market with minimal risks by opening a cent trading account. Also, beginners mention a large educational section on the FreshForex website dedicated to the traders' education and training.
The company also provides bonus programs and free analytics. While fast execution of orders is one of the main advantages of this broker.
FreshForex trading terminals and services:
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MetaTrader4/5 is one of the most popular trading terminals, which is appreciated for its ease of use and functionality. It allows you to work in financial markets, as well as with CFDs and futures. Also, the platform makes it possible to use, and even create by yourself, programs for automated trading. The platform works on all widespread operating systems: Android, iOS, MacOs, Windows, and Linux;
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Web-terminal - the broker offers to use the web version of the MetaTrader 5 trading terminal, which is equipped with a large set of functions and has a high level of security. Advantages of the platform are the absence of the need to install it on a PC or smartphone/tablet, the possibility to trade from any type of account, as well as the availability of many trading instruments;
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VPS-server from FreshForex - for uninterrupted operation. By renting an allocated virtual server, you can work with automated trading systems more efficiently. It provides round-the-clock high-speed Internet and gives access to all functions of the terminal from any device. To make it easier for traders to decide whether they need this service, the broker allows you to rent it for free for a day;
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FreshForex Easy bot - for easy Forex trading. This is a virtual assistant that will allow you not to waste time analyzing charts: it will collect and show only relevant information. However, you should not fully trust automated programs and rely wholly on their recommendations because the data collected and provided by the bot can turn out to be inaccurate.
Advantages:
when replenishing an account, no commission is charged;
the ability to trade through Telegram is available;
spreads, both fixed and floating, from 0 pips;
unlimited and free access to virtual trading to test the functionality of the platform;
over 270 trading instruments;
unique bonus programs for existing traders and beginners;
free analytical reviews;
open information about liquidity providers;
more than 20 years of work in the CIS market;
there are no restrictions on the minimum deposit (25$) when opening any type of account: the broker only gives recommendations regarding the amount to be replenished.
FreshForex, as well as some other brokers, provide quick processing of an application for withdrawal of profits. It takes 15 minutes. Sometimes there are delays due to technical failure.
Traders, being the clients of the company, are provided with the vast choice of instruments for the trading:
currency pairs;
futures contracts for precious metals;
stock indices;
CFD on securities;
futures for oil and natural gas;
Cryptocurrencies;
ETF.
Latest FreshForex News
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