Looking for some fres broker in the Forex world? Looking at the web page of FreshForex broker and have no idea if it is worth going for? Our full FreshForex review will certainly help you to get the right answer for your question! So get ready and read full FreshForex review below!
Leverage: 1:1000 Licences: CRFIN, KROUFR
Min. Deposit: $1 Bonus: N/A
Spreads: from 0.5 pips US Clients: N/A
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FreshForex Forex Broker at a Glance
FreshForex Broker is owned by Riston Capital LTD, which is located in St. Vincent and the Grenadines. Even though, the broker of this review is named FreshForex, it began to work with financial services in 2004, which is more than 10 years ago, so it is fresh but not new. FreshForex review found out that both licences were received by this broker in 2012. Also, it is interesting that one of the licences is registered to Russian address, so even though broker is located in the Grenadines, it has Russian roots, which you should know.
FreshForex Forex Trading Broker Accounts Overview
At the time of FreshForex review, there were three main account types available: Classic, Market Pro and ECN. None of the accounts has minimum deposit requirement, but every account type has recommended deposit requirements. Also, every account can be made swap-free, but it will cost you at least 5 USD per every lot traded. In terms of services, it has been found out by the FreshForex review, that Classic account falls short type of order execution, which is in instant mode in contrast to market execution mode of the other account types. Furthermore, the lowest spread on Classic account is 2 pips, on Market Pro account is 0.9 pips and on ECN account spreads start from 0 pips.
Also, you have to remember that CFD’s on stocks are available only on Classic account, so if you are in the market for this you have to choose Classic account type. Furthermore, Market Pro and ECN accounts provide you with leverage of 1:500 in contrast to 1:1000 that is available at Classic Account. Forex Bonus Lab highlights that during FreshForex review, the amount of bonuses available for Classic account type was higher than to Market Pro accounts and ECN accounts were not eligible for any promotions.
It is possible to have multiply accounts from FreshForex and you can get them without any problems! Also, this forex broker allows to open Muslim and PAMM accounts if you want to. What is even more interesting – you can make Muslim account Swap Free!
FreshForex Reviews of Trading Platforms
FreshForexallows you to trade only on MetaTrader4 trading platform. But, this platform is available not only for your PC or Mac but also for your Android and iOS devices. So if you are fan of mobile trading – you can certainly do it using FreshForex.
The interesting offer that has been found out by FreshForex Review is its VPS. As broker claims, you can get a VPS services for your Meta Trader 4 platform, and what is even more interesting – it won’t cost you a dime. For sure, you will have to meet some trading volume levels, but getting free VPS services is great opportunity!
FreshForex Review of Education
If you are new to Forex, you will certainly want to get more knowledge about currency trading. This is where FreshForex will certainly help you. The broker created interactive educational course called “The Trader’s Path”.
The Path consists of 7 steps that should guide you through Forex World and give you tools for becoming a professional. Each step has its own true goal and false goal that should show to every trader what should be done and what should not be done in the Forex at this stage.
FreshForex Reviews of Customer Support
FreshForex allows you to contact them 24 hours per day 5 days per week using their online chat option. Also, you can write them an email. Their support speaks Russian, English, Chinese and Turkish, so you can find common language with them. FresForex review finds out to be interesting the opportunity to go directly to the office of FreshForex, since their Moscow address is displayed on the contact us page. So if you are in Russia and want to trade with FreshForex pay them a visit and tell us how it was.
FreshForex Deposit and Withdrawal
This broker allows you to fund your account through plastic cards, main e-payment methods and wire transfers. Also, the same methods can be used for withdrawals. FreshForex Review found out that your funds can be either is USD, EUR or Russian Rubles in order to fund your account.
FreshForex Review Conclusion
FreshForex is a broker that tries to meet needs of starting and professional traders at the same time. Also, it has interesting and unusual set of preferred currencies that you can use, since there is no GBP but there is RUB instead.
Furthermore, broker allows you to come to their office if you have any questions or problem, which is a great opportunity for every Forex Trader. At this moment FreshForex is questionable. You can open live account or demo account at FreshForex but we will recommend you to go for Plus500 instead.