Fresh forex review
A few years ago I am confused how to find a broker with low spread and fast execution and finally I found freshforex, what make I love freshforex is the spread.
Free forex bonuses
The spread is quote low, as low as 0 pips and there is no rejection when you open any position, so you will get the best price when you make your trading activity plus now freshforex offer me their new MT5, it is better than MT4, you can try it! I found it helpful when they're already providing the promotional materials for us to publish to our websites. Really great.
Freshforex reviews
17 • average
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Reviews 17
I am disappointed
I am disappointed, I do not recommend these people if not for refund LTD com.I would be left without my money.
Providing decent service of currency…
Providing decent service of currency exchange for 24/5 worldwide, this broker proven itself for more than 10 years for its credibility for their clients. Along with the fact of helping their clients in many different ways, including their own forecasts and educational materials
I bounced back within a short period of…
I bounced back within a short period of time because www.Assetsrecoveryalliance. Net was able to help me reclaim everything they looted from me in the past and now they the are the one handling all my trade without any issues since they started helping me I have been so relaxed and so happy with my daily returns plus
International scammers
They are scammers! Look at the site https:// fresh-forex. Info/en/. Here's the whole truth. This company operates under the leadership of freshforex. There are many other sites that operate under different names.They are all the same people
freshforex
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fxcoins
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i-want.Broker
i-want.Trade
nas-broker
ct-trade
Cooperative support team that helped me…
Cooperative support team that helped me with the advertisement materials so that I don't need to create a new one since there are tons of it. Good commission payout too
Good partnership payments
Good partnership payments, you will get what you deserve from the partnership program with no withdrawal program whatsoever.
Fresh forexmis scammer dont put money…
Fresh forexmis scammer dont put money here .
I found it helpful when they're already…
I found it helpful when they're already providing the promotional materials for us to publish to our websites. Really great.
Great partnership program with lots of…
Great partnership program with lots of benefits. You can also work anytime and anywhere since this program has no targets at all
Being their partner is a great…
Being their partner is a great opportunity for me to earn more money while traveling to several places. This partnership requires no fixed place so that you can work on it anytime and anywhere
I can say that as a trader and a…
I can say that as a trader and a partner of this company, this broker gave me more than enough to earn easily on forex markets. Especially when it comes to referring someone, this company will give high payouts for it.
Great partnership programs
Great partnership programs with lots of offers for potential clients. You can be either a profitable trader or a profitable partner since this company is open for both position
Account number 415797
So far so good, with the 6 years I've been with these guys, I've been able to withdraw my profits, enjoy low commissions, and an excellent customer care service. So far, I have no complains at all!!
Finally I found this broker.
A few years ago I am confused how to find a broker with low spread and fast execution and finally I found freshforex, what make I love freshforex is the spread. The spread is quote low, as low as 0 pips and there is no rejection when you open any position, so you will get the best price when you make your trading activity plus now freshforex offer me their new MT5, it is better than MT4, you can try it!
Legit
A reliable broker makes sure that its clients' funds are safe and secure. It also innovates new features and products to improve its service. I experience these things with freshforex. A very reliable broker who has been in the business for many years.
3 years and still counting
After thorough review I did myself, I chose this broker after disappointing experience with other previous brokers. So far it's been good. No issues with withdrawal, it's fast, it only takes a few minutes to get my money from freshforex account to my fasapay account. Been using their 101% deposit bonus as well, every time I make deposit. It really helps my trading.
Bad broker.
Oh; they block my account after making 200% profit! Bad, very bad forex broker.
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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.
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!
Have a look at our top rated forex brokers in your country:
Freshforex reviews and comments 2021
Why do we have to deposit to withdraw our profits?
These people are crazy, they said my account willl be verified in 3 hours, then i took 3 weeks, and still not verified, been chatting with their online support with guy called kirill if am right, always telling me same ***, saying wait, then i wait, then they say they are checking, then later tells me that they checked and my account will be verified today, i said okay, then two days later my account is not verified, these guys are not professional and have no idea how crasy people might get by telling lies, checked them few days late, said wait, i said okay am waiting, then said your documents are under review, i said what the *** is that, everyday you are telling me same *** and nothing works, the they said they transfered my case to their manager and my account will be verified in 24 hours, i said then thats okay, the thing is next days my account is not verified and they dont tell me why they just chill, if something is wrong reach back to a customer tell them maybe to resend documents or whatever but they dont tell you what they do is telling you to wait, why do i have to wait for that long, you better tell me that it takes one month for your account to be verified and not telling stories that it takes 3 hours, an i took a bonus of 2019, made 5,000$ from it and they dont verify my account untill the seven days period of bonus account are fineshed and then they take the money saying you dint verify your account, well am going to blow all that money on purpose and i request my account to be shut down, can't work with scammers.
Jum 14 november, 2019 reply
I've raised the deposit from $300 to $1200 with the help of a forex adviser. Then, without explaining the reasons, they raised the spread and drained the deposit to zero. In the correspondence they answered that according to the agreement they have the right to do so. Do not try to get there.
Anatoly 4 october, 2019 reply
Problems with the withdrawal of funds. First, they write that the request for withdrawal is being processed manually, then they repeatedly ask for photo of credit cards and a screen for bank account statements. In general, I wrote in tech support of a bunch of letters with specific questions, why the withdrawal is always made in manual mode, up to 5 working days? And what needs to be done to avoid this? The support replies that this is for the safety of my funds. At the same time, it is not clear what kind of security is involved if, when creating a withdrawal request, a verified credit card is provided and another text message arrives on the telephone with a code, plus a letter in the mail. The question of how to avoid manual withdrawal is always ignored. Terrible mess. There is a clear reluctance to pay. Everything is aimed only at getting max amount of deposits from beginners. By the way, if you try to replenish the account and do not complete the operation, the manager will immediately contact you and ask what difficulties with the replenishment have arisen. But when you want to withdraw your funds, you will get 0 attention whatsoever. I do not recommend. Look for an alternative.
Freshforex review
Freshforex is an STP/ECN broker that provides forex and CFD online trading via the popular metatrader platforms. The brokerage has ‘smart bridge’ technology and offers clients trading signals along with daily market analysis. Regardless of the trading services provided, this brokers regulation is distinctly lacking and we would therefore look elsewhere for a regulated online broker.
Freshforex review, pros & cons
- Fixed & variable spread accounts
- No minimum deposit required to commence live trading
- Daily analysis & trading signals
- VPS
- Metatrader platforms
- Flexible account types
- Unregulated broker
- Clients from north korea, spain, UK & USA are not accepted
- Marked up spreads
- Limited range of trading instruments
In this detailed freshforex review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Freshforex is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including freshforex.
Freshforex review: summary
Freshforex is a forex and CFD broker that offers online trading to traders around the globe. The brand began operations in 2004 and is currently operated by ‘riston capital ltd’ which is registered in st. Vincent and the grenadines. Freshforex offers over 130 trading instruments for trading online via the renowned metatrader 4 (MT4) and metatrader 5 (MT5) trading platforms. All trading styles and strategies are allowed by the broker.
The broker offers competitive spreads, ECN trading, decent trade execution speeds and a variety of trading tools. Freshforex asserts that it is a ‘no dealing desk’ (NDD) broker that works with only licensed liquidity providers. The broker has deployed the ‘smart bridge’ technology in pricing and execution of clients’ orders. This technology accepts clients’ orders from the servers, finds the best available prices and sends the order to the appropriate liquidity provider. They claim that orders are executed without broker interference. This can help them to deliver competitive trading costs, speedy trade executions and minimal requotes.
Freshforex review: smart bridge technology
Freshforex has been honoured with awards over the years. The brand has been recognised with awards on over 20 occasions. In 2015, freshforex bagged the ‘best ECN broker’ award which was given by KROUFR. In 2016, freshforex received the award for the ‘best trading experience’ given by ‘fxdailyinfo’ in recognition of the quality of provided services.
Freshforex review: broker awards
Freshforex review: regulation
The freshforex brand is operated by ‘riston capital ltd’ which is incorporated in st. Vincent and the grenadines. The international business company number is 20623 IBC 2012. The company’s regulatory detail is not provided on its website. It should be noted that this regulation could not be verified and such regulation is not considered to offer the same level of protection as other regulators do. Thus, we would proceed with great caution or use an FCA, cysec or ASIC regulated broker instead.
Freshforex mandates all clients to verify their identities using ‘know your customer’ (KYC) procedures. All clients are required to scan and upload a government issued identity card and a utility bill.
The broker’s website and platforms are protected with secured socket layer (SSL) technologies. This encodes all data as it moves to and from the servers giving no access to unwanted intruders or hackers.
Freshforex review: countries
Freshforex states that its services are not meant for clients from the following countries: north korea, spain, united kingdom and the USA. Some freshforex broker features and products mentioned within this freshforex review may not be available to traders from specific countries due to legal restrictions.
If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.
Freshforex review: trading platforms
The MT4 platform is one of the most popular trading platforms used in forex and CFD online trading. The platform is robust, fast and loaded with professional tools for trading online and conducting thorough chart analysis. It supports complex charting, multiple order types and can be extended using add-on apps. The freshforex MT4 platform is freely available as downloadable desktop application for windows and also as downloadable ios and android apps.
Freshforex review: MT4 trading platform
Just like the MT4 platform, MT5 was designed by ‘metaquotes software corporation’; a russian software firm known for developing trading softwares for the financial markets. The MT5 platform was designed to improve on the already established MT4 and so, it has all the features of the MT4 platform with expanded functions and capabilities. The user interface of both platforms look very similar on both the desktop and mobile apps. However, both platforms are not cross compatible and so apps must be designed separately for the MT4 and the MT5 platform respectively.
Here are some of the core functions of the MT4/MT5 platforms:
- Simple and user friendly interface on both desktop and mobile apps.
- Customisable windows, charts, layouts and colours.
- Trading instruments’ quotes are displayed in real time. It can be customised to display only the assets of interest to the trader.
- 3 chart styles namely: bar charts, line charts and candlesticks.
- The charts can be displayed on 9 timeframes on the MT4 while the MT5 has up to 21 timeframes.
- Inbuilt technical indicators: the MT4 has 30 while the MT5 has 38. Add-on apps can extend the number of indicators to thousands.
- Analytical objects used in technical analysis: the MT4 comes with 24 while the MT5 has 44.
- Multiple order management including 4 pending orders on the MT4 while the MT5 has 6 pending orders.
- Trade automation using expert advisors (eas). Clients can automate their strategies by building and installing an EA within the metatrader platforms.
- Access to the metatrader market from the platform. This market sells eas, indicators, signals and other trading tools that can benefit a trader.
- Alert notifications via email, SMS & pop-up alerts.
Freshforex review: mobile trading apps
Freshforex review: trading tools
Economic calendar
This calendar displays the events that are known to have impacts on the markets as well as the event’s starting time. Click any event to display its detailed info, charts, forecast and history. The economic calendar is provided on the brokers website and also on the MT5 trading platform. The calendar can be personalised to show only the trader’s time zone, favourite countries and dates of events.
Freshforex review: economic calendar
Forex fundamental analysis
This is a section of the ‘fresh forecast’ that analyses the different messages, reports, news and rumours and how they influence the tradable assets. It is updated daily on the broker website and focuses on the major currency pairs. It is prepared by freshforex in-house analysts and the daily updates normally ends with trading recommendations.
Technical analysis: trend potential
This analysis is updated daily on the broker website. It focuses on the major EURUSD, USDJPY and the GBPUSD currency pairs. The forex analysis is based on complex chart analysis using indicators and other tools. Trade recommendations are given at the end of the analysis.
Elliot wave analysis
This is also presented on the website daily by a freshforex expert. The analysis is for the major EURUSD, GBPUSD and the USDJPY currency pairs. After the analysis, trade recommendations are given.
Analysis of margin levels
This analysis is updated daily on the website by ‘james hoggarth’; a freshforex analyst. He only analyses the major EURUSD, USDJPY and the GBPUSD currency pairs. The analysis ends with potential trading opportunities.
Huckster forex advisor shop
This is a shop operated by freshforex where clients can get eas, indicators and scripts. The broker states that these softwares are created by top developers. Many of them are free whilst some are paid.
Virtual private server (VPS)
Freshforex offers VPS hosting to all clients who require reliable, stable and quick connection to the trading servers. A VPS can be very important to traders who use eas and other trading systems. They allow you to run your trading platform 24/7 without needing your computer switched on. The VPS is free for the first 24 hours after which the client is charged $10 per month, $27 for 3 months, $49 for 6 months and $95 for one-year subscriptions.
Freshforex easy bot service
This is an innovative idea of trading through ‘telegram’ app on smart phones. All you need to do is to login to telegram, search for freshforexeasybot on a live account or demo account. The bot will provide information needed for trading. It should be noted that there are no guarantees to the quality of signals provided using this service.
Forex trading signals
Freshforex gives trading signals in real time. The signals are for 7 forex pairs, 7 commodities, 7 indices and 7 stock cfds. The trader can choose the desired timeframe to see the real-time signals. The signals are given as strong buy, strong sell, buy, sell and neutral. There is by no means any guarantee on the results of these signals.
Freshforex review: trading signals
Freshforex review: education
The educational section of the website features an interactive tutorial consisting of 4 courses and a test, covering the following:
- Introduction to the forex market: contains 6 lessons on trading, platform, charts, etc
- How to predict the price movement: contains lessons on fundamental, technical and chart analysis.
- What do you need for profitable trading? This consists of lessons on psychology of forex trading, money management in forex, etc.
- Trading system: has 6 lessons on trading systems, trade automation, trading strategies, etc.
There is a glossary of over 30 forex trading terms and their definitions are provided for easy reference.
Freshforex has a list of recommended books for all clients to read and improve their knowledge. There are about 26 books on technical analysis, fundamental analysis, forex introduction, money management and trading psychology.
Webinars are always scheduled on the website. Interested clients can register for the next webinar.
The forex encyclopedia is a series of articles relating to several topics on economics, forex, cfds, online trading, etc. The encyclopedia can be searched by topics, by category or by alphabetical order.
Freshforex review: trading instruments
The following instruments are available for trading online:
- 49 forex currency pairs (major, minor & exotic crosses)
- 65 stock cfds
- 11 indices
- 3 energies
- 5 metals
- 6 cryptocurrencies
Freshforex review: trading accounts & fees
Freshforex accounts are not dependent on the trader’s capital. There are no minimum deposits required; rather the broker recommends a befitting amount that should be deposited to enjoy the benefits of the account. You should only ever trade with what you can afford as trading always carries an element of risk. The MT4 and MT5 platforms are available to all account types.
Procent account
This is the account denominated in cents. It is geared more towards new traders who wish to try out a live account and for practising trading strategies. It allows the trading of micro lots of 10 units of base currency. The maximum leverage is 1:1000.
Classic account
Freshforex recommends $200 deposit to open this account type. The fixed spreads starts from 2 pips and the leverage is from 1:25 to 1:200. The maximum order size is 20 lots and no commissions are charged.
Market pro account
The recommended minimum balance is $400. The floating spreads start from 0.9 pips while the leverage ranges from 1:20 to 1:500. The maximum order size is 100 lots and no commissions are charged o trades.
ECN account
The recommended deposit amount is $2,000. The spreads start from 0 pips and the maximum order size is 10,000 lots. Leverage ranges from 1:20 to 1:500 and commissions of 0.03% per contract are charged.
Freshforex review: account types
Swap free accounts that comply with sharia law are available for muslims. Swap free accounts only available on the MT4 trading platform. Demo accounts are freely available to all clients for practice purposes. You can test the different trading platforms and your trading strategies.
As broker fees can vary and change, there may be additional fees that are not listed in this freshforex review. It is imperative to ensure that you check and understand all of the latest information before you open a freshforex broker account for online trading.
Freshforex review: customer service
The freshforex customer support team is friendly, swift and available 24/5. The fastest way to reach the support desk is through online chat on the website. The team can also be reached via email and phone. The support team is multilingual.
Freshforex review: deposit & withdrawal
Freshforex prides itself as a broker that does not charge deposit fees and commissions on some funding options. It also says that withdrawals are processed within a few minutes. It should be noted that payment processors may charge additional fees.
The following payment methods are available to freshforex clients:
- Banks of malaysia: the minimum deposit is 50 MYR while the maximum is 50,000 MYR. The deposit is made online from the client’s bank account to freshforex bank account. For withdrawals, 3% of the transaction amount is charged and it takes 1-5 business days.
- Skrill: the minimum deposit amount is $30 while the maximum amount is $1,000 per transaction. The average transaction time is less than 15 minutes. Withdrawals are charged at 1% and it takes about 10 minutes to complete.
- Credit/debit cards: the minimum deposit is $10 while the maximum is $5,000 per transaction. The withdrawal charge is 2.5% + $5 and it takes 1-5 days to process.
- Neteller: the minimum deposit is $10 while the maximum is $10,000
- Electronic payment systems: these electronic payments are instant, convenient, secure and free of commissions. The methods accepted are epayservice, QIWI, webmoney, fasapay, advcash and perfect money. For withdrawals, the charges range from 0.5% to 2% of the transaction amount. It all depends on the exact method used. Withdrawals are processed within 10 minutes after the request has been approved.
- Bitcoin: this is for clients who own bitcoins. The client trading account is credited when the transferred bitcoin reaches the broker’s bitcoin wallet. There are no deposit fees and the transactions are promptly processed. Withdrawals are charged at 1% and its processing time depends on the blockchain network.
Freshforex review: broker account funding
Freshforex review: account opening
To open a trading account with freshforex, visit the website and click on ‘login to client area’ located beside the menu bar. From the pop-up window that displays, click ‘register’ to display the form below.
Freshforex review: broker account opening
Input your mobile phone number, email address and click ‘next’. Then enter your name, platform of choice, account type, base currency, and preferred leverage. Verify your email and phone numbers by entering the codes sent, then, click ‘open real account.’ you will be automatically logged into the client area where you can complete your profile, submit KYC documents, make deposits, download platforms and commence trading online when you feel ready to do so.
Freshforex review: client area
Freshforex review: conclusion
Freshforex has been in operation for over 15 years and have been chosen by thousands of traders from 158 countries across the world. The broker offers ECN executions resulting in reasonable execution speeds, competitive trading fees and minimal requotes. The metatrader platforms are a popular choice as the platforms serve both experts and beginner traders very well.
The broker provides a range of trading resources which includes a forex encyclopaedia and forex trading courses. The demo account and the procent accounts can be useful to those who are new to online trading and need practice before trading with real money. Multiple payment options are also provided to accommodate the flexible needs of clients.
Freshforex has a hardworking in-house team of analysts who come up with daily market analysis, trading ideas, signals and webinars. These and other trading tools can help to give any trader ideas for potential trading signals.
Despite this, the regulatory status of freshforex is a source of huge concern and for this reason alone we would choose to go with a regulated broker that offers clients more protection and transparency. See our best trading brokers for alternative options.
Margin trading on forex involves high risk and can lead to significant financial losses. Before deciding to trade a trader should understand the risk, experience and knowledge level.
Min $1 deposit
Freshforex is an STP/ECN broker that provides forex & CFD online trading via the MT4/MT5 platforms. The broker has ‘smart bridge’ technology & offers trading signals along with daily analysis. However, regulation is distinctly lacking.
Freshforex review
Freshforex
Reason to avoid: no license
Listed date: september 17, 2018
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Freshforex review present by 55brokers and other brokers reviews, before signing an account you should always check on broker reliability and compare its trading offering.
- Company name: riston capital limited. Freshforex
- Registration address/ license:st. Vincent and the grenadines. No license.
- Registration requirement: 2,000$
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
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 |
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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 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 – forex broker rating and review 2021
https://freshforex.Com/ | |
status | |
regulation | CRFIN, KROUFR |
trading software | metatrader4 |
headquartered | 513, building 14, leningrad avenue 39 moscow, russian federation |
Freshforex company was established in 2004. The company was founded by the experts with successful experience in the internet trading business. Thanks to a vast experience of interaction with broker and trading environment, we were able to work out and offer you both comfortable and affordable terms. Freshforex – fresh view on money. Are you tired of high-flown words and long texts about forex brokers?
In the following, you will find only facts and figures, which will help you to choose freshforex from many other brokers: 11 years we have helped every client with trading on the forex market. 100% – the protection of your interests in the KROUFR and CRFIN – the forex control organizations. 10 minutes - the speed of profit withdrawal in our company. 101% – we give traders for first account deposit. $10 you can return for every lot after unsuccessful deal. $2500 the highest possible payment, which we return to our clients having stop-out. $100 – enough to start working as a PAMM manager in our "flagman invest" platform. $20 from every lot- you can’t find better offer for affiliate program. 24/5 – our call center is opened for you.
We always develop and may be now we are offering something new to our traders. You can always find update information on the web-site freshforex.Com.
Freshforex trading information
Freshforex — latest reviews and comments 2021
Why do we have to deposit to withdraw our profits?
These people are crazy, they said my account willl be verified in 3 hours, then i took 3 weeks, and still not verified, been chatting with their online support with guy called kirill if am right, always telling me same ***, saying wait, then i wait, then they say they are checking, then later tells me that they checked and my account will be verified today, i said okay, then two days later my account is not verified, these guys are not professional and have no idea how crasy people might get by telling lies, checked them few days late, said wait, i said okay am waiting, then said your documents are under review, i said what the *** is that, everyday you are telling me same *** and nothing works, the they said they transfered my case to their manager and my account will be verified in 24 hours, i said then thats okay, the thing is next days my account is not verified and they dont tell me why they just chill, if something is wrong reach back to a customer tell them maybe to resend documents or whatever but they dont tell you what they do is telling you to wait, why do i have to wait for that long, you better tell me that it takes one month for your account to be verified and not telling stories that it takes 3 hours, an i took a bonus of 2019, made 5,000$ from it and they dont verify my account untill the seven days period of bonus account are fineshed and then they take the money saying you dint verify your account, well am going to blow all that money on purpose and i request my account to be shut down, can't work with scammers.
Jum 14 november, 2019 reply
I've raised the deposit from $300 to $1200 with the help of a forex adviser. Then, without explaining the reasons, they raised the spread and drained the deposit to zero. In the correspondence they answered that according to the agreement they have the right to do so. Do not try to get there.
Anatoly 4 october, 2019 reply
Hotforex is continuously establishing its position as a market leader and offers great trading conditions and competitive advantages to its clients which include, but are not limited to: tight spreads from as low as 0.1, flexible leverage options, top fund security measures, multiple account types, free educational resources, access to daily market analysis and many more!
Problems with the withdrawal of funds. First, they write that the request for withdrawal is being processed manually, then they repeatedly ask for photo of credit cards and a screen for bank account statements. In general, I wrote in tech support of a bunch of letters with specific questions, why the withdrawal is always made in manual mode, up to 5 working days? And what needs to be done to avoid this? The support replies that this is for the safety of my funds. At the same time, it is not clear what kind of security is involved if, when creating a withdrawal request, a verified credit card is provided and another text message arrives on the telephone with a code, plus a letter in the mail. The question of how to avoid manual withdrawal is always ignored. Terrible mess. There is a clear reluctance to pay. Everything is aimed only at getting max amount of deposits from beginners. By the way, if you try to replenish the account and do not complete the operation, the manager will immediately contact you and ask what difficulties with the replenishment have arisen. But when you want to withdraw your funds, you will get 0 attention whatsoever. I do not recommend. Look for an alternative.
Fresh forex review – is fresh forex scam or legit broker?
Fresh forex
Rating
- No data about segregated accounts
- Not all relevant info available on site
- Online chat options limited
Fresh forex is a documented member of this IDACB (international decentralised association of cryptocurrency and also blockchain). It’s licensed and controlled at st vincent and grenadines, together with fiscal services provided by riston capital LTD. This internet forex broker was usable after all 2004, also it supplies a plethora of FX trading solutions to both individuals.
These include a few popular accounts kinds like the classic account, market pro account, and also the expert ECN account. Together with trading terminals MT4 and MT5 in performance, fresh forex supplies a vast selection of store order executions, multiple order types graphs, graphs, charts and other investigation. This forex broker boasts the ordinary withdrawal period of 11 minutes, so dictate implementation time of 0.3 seconds, and also an ordinary spread worth of 0.2.
This forex broker features an extraordinary selection of offerings, especially leverage of 1:2000, spreads from 0%, micro heaps starting at 0.01, cryptocurrency trading and 0 percent commission on deposits. As an industry-leading authority, fresh forex has been given 30 times, also it has customers in 158 states. There are a few 130 trading tools readily available, with easforex via telegram, and rapid order execution.
Overview/ desktop
Fresh forex was going strong for 14 decades, also is considered a market-leading thing at the FX trading stadium. A number of the profits available through this broker comprise tight spreads, zero deposit, and also rapid lack times. In addition, customers of fresh forex obtain to delight in a vast array of educational tools and tools, training solutions, and analytics. A number of awards are awarded for the broker through time, for example the kroufr awards in 2016, the 2015 shanghai forex expo award-winning, the invest award in 2014, the russian affiliate congress (RACE) award along with also others.
This forex brokerage organization is possessed by riston capital limited, having its physical address located in st vincent and the grenadines. The international business company number is currently 20623 IBC 2012, with the day of incorporation recorded as august 29, 2012. The business is up to date having its own obligations and fees, as determined with the registrar of international business companies (september 5, 2018). Customers may begin investing in real money, or with a demonstration account in their own leisure. Among the others, you can find numerous bonuses out there to customers like tradable deposits, bonuses without commission, cashback and more.
The assortment of trading tools comprises forex pairs, and spot rare metallic cfds, CFD strength futures, cryptocurrency cfds, indices, company shares and so on. This broker comprises weekly and daily predictions and calendars of events, upgraded financial trading information, and crucial advice on rates of interest, holiday programs, and worldwide trading sessions.
Account types
Several unique account types are readily available to traders in 158 nations. To obtain going, traders will be expected to finish the registration form by choosing their country, entering biographic info, and trading on the web. It will take moments to start a free account, as soon as the necessity information was entered, customers may begin trading financial tools. It’s likely to start 9 real-money accounts in addition to an affiliate account in fresh forex. The classic account and also the market pro accounts procedure requests through the store variant. Prices are implemented at amounts on the store at the opening/closing of the arrangement. With market pro accounts, make benefit and stop-loss orders could be installed after the starting position.
A fast comparison of the various account types is recorded underneath:
- ECN account using metatrader 4 to android, iphone, windows and mac apparatus. A vast assortment of trading tools is available for example cfds, silver, gold, and money pairs. The minimum order size is 0.01 lots also it includes market disperse. Eas are all permitted. Other characteristics include hedging, portable trading, 1-click trading, pending orders, trailing stops, and swaps.
- Market pro account using metatrader 4 to android, iphone, windows and mac apparatus. The trading tools include currency pairs, including silver, gold, and cfds. The minimum order size is 0.01, also there are drifting spreads. Eas are permitted, and now there are scores of forex pairs, zero commissions, and also a minimum disperse on the EUR/USD couple of 0.9. Other characteristics involve EA trading, hedging, phone trading, 1-click trading, pending orders, trailing stops, and swaps.
- The classic account runs metatrader 4 to android apparatus, windows, along with ios. Trading tools include things like gold and silver, gold, money pairs, and cfds. There are mended spreads and expert advisers (eas) are all permitted. Other characteristics include hedging, portable trading, 1-click trading, swaps, trailing stops, and impending orders.
Trading platform/ applications
The forex trading programs involve metatrader 4 and also metatrader 5. Metatrader 4 is now the very widely used platform for trading forex online. It’s essentially the most critically acclaimed forex currency trading platform, as a result of its userfriendly nature and higher functionality. Customers may quickly trade stocks, cfds, and forex at the click of a single button. Metatrader 4 allows traders to test financial tools, receive real-time upgrades, and increase trading opportunities utilizing different trading strategies.
Metatrader 4 could be utilized on PC, mac systems (mac pro and imac), iphone, linux, along with android devices. The metatrader 4 stage includes 9 time-frames, cfds, futures, forex, and store implementation style. With a great number of graphs and stats features, metatrader 4 includes builtin MQL4 terminology, a selection of trading signs, email functionality, and a multilingual interface.
Metatrader 5 is an internationally recognized forex currency trading platform. Together with metatrader 5 (MT5), traders all around the globe obtain to savor boosted functionality and usability to better trade a vast variety of stocks, cfds, and forex. This trading platform provides real-time information, analysis, and trading actions. Metatrader 5 permits a real income trading immediately on PC, mac os’s, iphone, and android apparatus. You can find 9 time-frames using metatrader 5, for example store implementation style, full solitude, infinite charting capacity, broadcasts, custom indexes, and expert advisers. Using MQL4 terminology, this multilingual interface offers all of the qualities required to profitably trade forex on the web.
Deposit options
Multiple secure and safe deposit methods are all open to traders including visa, mastercard, NETELLER, epayservice, bitcoin, QIWI wallet, bradesco, itau, webpay, webmoney, skrill, along with fasapay. Typically, the deposit money comprises USD, EUR, RUB, along with CNY. There are no commissions on such deposit procedures, and trades permit immediate processing of deposits. All residue options are all secure and safe, due to SSL technology and complete account protection.
Markets
A vast assortment of stores is now offered by fresh forex. The trading tools include forex pairs, and spot rare metallic cfds, CFD energy futures contract, cryptocurrency cfds, CFD on indices, and also cfds on corporate shares.
Forex – EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, AUD/CAD, AUD/JPY, CAD/JPY, CAD/CHF, and EUR/GBP amongst others.
Spot valuable metals cfds – XAU/AUD, XAU/EUR, XAU/USD, XAG/AUD, XAG/USD, XPD/USD, XPT/USD.
CFD energy – WTI crude petroleum, natural gasoline, brent crude oil
Cryptocurrencies cfds – XLC, ETH, BTC, XRP, BCH, along with LTC
Cfds on indices – dow jones 30, IBEX 35, SP 500, FTSE 100, DAX 30, CAC 40, NQ 100, along with also others.
Cfds on corporate shares – apple, facebook, intel, tesla, yahoo, AIG, coca-cola, jpmorgan, mcdonalds, nike, reuters, mitsubishi, honda, ford, barclays, alibaba, general motors, fedex, colgate, canon, bank of america.
Bonuses
Several bonuses and promotional supplies are all readily available for traders. Included in these are the tradable bonus 101 percent, deposit free of commission, and cashback offers. It’s a great idea for customers to get fresh forex support for all these promotional supplies.
Customer support
Clients might obtain connected with support via several stations. These feature online chat functionality that’s available 24/5. The current email – [emailprotected] – is also an equally efficacious means to get customer service agents. The customer support representatives are favorable, professional, and highly receptive for traders. The head is located at another address:
St. Vincent and the grenadines
kingstown, beachmont
P.O. Box 1510, suite 305
griffith corporate centre
Telephone assistance is obtained through multi-channel options with 24/5 service. Calling number to call will be 44-207-099-2124. The service representatives are proficient at handling technical, trading, enrollment, and even account-related matters. An internet contact form is available for traders, together with customers necessary to input company info, contact name, email, cell phone number, and also the information. Customer service representatives endeavor to answer questions as promptly as achievable.
Safety
Safety is actually a rank characteristic of the services supplied by fresh forex. This forex brokerage works hard to keep the confidence of its own patrons, plus it does this by providing fully accredited and regulated trading products and services. The business that owns fresh forex – riston capital limited – is both fully licensed and regulated to supply forex trading products and services. As this organization is governed by CRFIN at russia the similar standards don’t connect with european and UK brokerages.
Ease of use
It is relatively simple to obtain fully up and functioning using fresh forex. The trading platform suits customers in states all around the globe, with a range of trading requirements, account types, and also generous bonuses. The forex analytics and forex education segments are useful additions to this stage.
Final thoughts
Fresh forex provides a variety of forex account types for customers. Included in these are islamic accounts, demonstration reports, classic balances, expert accounts etc. Plus, in addition, there is a huge selection of financial tools to trade, for example FX, cfds, commodities, shares, and so on. We’re unable to verify background reports, or UK/EU law with the broker.
So, let's see, what was the most valuable thing of this article: 17 people have already reviewed freshforex. Read about their experiences and share your own! At fresh forex review
Contents of the article
- Free forex bonuses
- Freshforex reviews
- 17 • average
- Write a review
- Write a review
- Reviews 17
- I am disappointed
- Providing decent service of currency…
- I bounced back within a short period of…
- International scammers
- Cooperative support team that helped me…
- Good partnership payments
- Fresh forexmis scammer dont put money…
- I found it helpful when they're already…
- Great partnership program with lots of…
- Being their partner is a great…
- I can say that as a trader and a…
- Great partnership programs
- Account number 415797
- Finally I found this broker.
- Legit
- 3 years and still counting
- Bad broker.
- Freshforex review
- Brokers available in ukraine
- Freshforex broker – preliminary first view of the...
- Freshforex – financial trading features
- Freshforex account types
- Freshforex payment methods
- Freshforex trading platform
- Freshforex customer support services
- Freshforex bonus system
- Freshforex reviews and comments 2021
- Freshforex review
- Freshforex review: summary
- Freshforex review: regulation
- Freshforex review: countries
- Freshforex review: trading platforms
- Freshforex review: trading tools
- Economic calendar
- Forex fundamental analysis
- Technical analysis: trend potential
- Elliot wave analysis
- Analysis of margin levels
- Huckster forex advisor shop
- Virtual private server (VPS)
- Freshforex easy bot service
- Forex trading signals
- Freshforex review: education
- Freshforex review: trading instruments
- Freshforex review: trading accounts & fees
- Freshforex review: customer service
- Freshforex review: deposit & withdrawal
- Freshforex review: account opening
- Freshforex review: conclusion
- Freshforex review
- Top 3 forex brokers
- Is freshforex a scam or legit broker?
- Freshforex.Com review
- Riston capital ltd
- Broker details
- Live discussion
- Freshforex.Com profile provided by natalya, jun...
- Freshforex review
- Freshforex review introduction
- Freshforex platforms & tools
- Freshforex research & education
- Freshforex trading accounts
- Freshforex account funding
- Freshforex customer service
- Freshforex regulation
- Freshforex review summary
- Freshforex
- Features
- Best forex robots
- Get my free forex robot!
- Best forex brokers
- Freshforex – forex broker rating and review 2021
- Freshforex trading information
- Freshforex — latest reviews and comments 2021
- Fresh forex review – is fresh forex scam or legit...
- Fresh forex
- Overview/ desktop
- Account types
- Trading platform/ applications
- Deposit options
- Markets
- Bonuses
- Customer support
- Safety
- Ease of use
- Final thoughts
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