FreshForex Broker Review 2025

FreshForex is a Forex broker that offers 3 primary account types, including Classic, Market Pro, and ECN accounts, with a $10 minimum deposit threshold and high leverage up to 1:500.

This broker provides 50 currency pairs and various CFD instruments for traders in 158 countries.

FreshForex complete review for beginner and professional traders

FreshForex Company Info & Regulations

FreshForex, established in 2004, is an online forex and cryptocurrency trading platform based in Kingstown, Saint Vincent and the Grenadines. With nearly two decades of experience, the company has expanded its reach to serve clients in over 158 countries.

FreshForex is committed to trader protection, fast trade execution, and competitive spreads.

It's worth noting that right now, FreshForex doesn’t operate under the oversight of top-tier financial institutions, and traders are advised to consider this fact before creating an account on this platform.

This absence of valid oversight significantly impacts the platform’s transparency and the protection of client funds. Investors should be especially cautious when trading with unregulated brokers, as there’s limited recourse in cases of disputes or malpractice.

While the platform offers advanced trading tools like MT4 and MT5, the lack of regulatory protection makes it unsuitable for risk-averse or beginner traders.

FreshForex Broker Summary of Specifications

FreshForex offers a comprehensive suite of trading services catering to novice and experienced traders. Here's a snapshot of what the Forex broker brings to the table:

FreshForex broker Accounts

FreshForex offers multiple account types designed to accommodate different trading needs. The minimum deposit requirement is just $10, making it accessible to low-budget traders.

Accounts like Classic and ECN vary in terms of spreads and commission structures. Despite the affordability, traders should consider the fixed spreads starting from 2.0 pips on some accounts, which might not be ideal for scalping or high-frequency strategies.

Classic Account:

• Ideal for beginners
• Over 130 trading instruments
• Floating spreads from 2 pips
• Maximum order size 20 lots
• Order execution time 2-3 seconds

Market Pro Account:

• Tailored for active traders and scalpers
• Floating spreads from 0.9 pips
• Minimum order size 0.01 lot
• Order execution from 0.1 seconds
• Market execution

ECN Account:

• Professional-level trading
• Max leverage 1:500
• Floating spreads from 0.0 pips
• Maximum order size 10,000 lots

The broker offers a free demo account, allowing potential clients to practice trading strategies and familiarize themselves with the platform before committing to real funds.

Advantages and Disadvantages of FreshForex Broker

When considering FreshForex as your broker, it's crucial to weigh both its strengths and weaknesses. Here's a balanced overview:

FreshForex Broker Sign-up and Verification

The FreshForex registration takes less than 5 minutes and grants access to over 270+ instruments via the client area. No document upload is required for registration, only basic personal details and email verification.

This process supports traders across 158 countries, making it one of the most accessible onboarding experiences in the forex market.

#1 Visit FreshForex Official Site

From the broker's homepage, click “Log in to Client Area”, then select “Register” to open the sign-up section.

#2 Submit Contact Details

Enter your mobile number and a unique email address not previously used on the platform. Click “Next” to proceed.

#3 Provide Your Name & Verify Email

Fill in your first and last name, then check your inbox to input the email verification code and activate your account.

#4 Proceed with the KYC Procedure

Access the FreshForex verification menu through the client dashboard and provide additional personal details, including:

• ID card number
• Date of birth
• Full address

You're also required to upload supporting documents, including:

• Proof of ID: Passport or Driving license
• Proof of Address: Utility bill or Bank statement

FreshForex Broker Trading Platforms

FreshForex supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely acclaimed for their advanced charting tools, algorithmic trading capabilities, and robust order execution.

MetaTrader 4 (MT4)

MetaTrader 4 is the most well-known platform among forex traders. Here are some of its key features:

• Industry-standard platform
• User-friendly interface
• Advanced charting tools
• Automated trading capabilities
• Large community of traders and developers
• Available for desktop, web, and mobile devices

Links:

• MT4 Android
• MT4 iOS

MetaTrader 5 (MT5)

FreshForex also offers MetaTrader 5 for its users. Key features of this platform include:

• Next-generation platform
• Enhanced charting capabilities
• More timeframes and analytical objects
• Supports trading in stocks and futures markets
• Economic calendar integrated
• Available for desktop, web, and mobile devices

Links:

• MT5 Android
• MT5 iOS

Web Terminal

Traders can also use web terminals to access their trading accounts on any device without the need to download another program. Key features of web terminals include:

• Browser-based trading platform
• No download required
• Access from any device with an internet connection
• Real-time quotes and charts
• One-click trading functionality

FreshForex Spreads and Commissions

FreshForex offers variable spreads starting from 0.0 pips on ECN accounts, while fixed spreads from 2.0 pips are applied on Classic accounts.

Commission-free trading is available on select account types. However, ECN accounts incur commissions starting at 0.003% per contract. 

It's worth noting that spreads can vary depending on market conditions, especially during times of high volatility or major news events. FreshForex claims to source liquidity from multiple providers to ensure competitive pricing.

Deposit & Withdrawal Methods in Freshforex Broker

FreshForex offers a variety of deposit and withdrawal methods to cater to traders from different regions. Here's an overview of the available options:

• Credit/Debit Cards (Visa, Mastercard)
• Bank Wire Transfer
• E-wallets (Volet, Perfect Money, WebMoney)
• Cryptocurrencies (Bitcoin, Ethereum, Thether)
• Local payment systems (varies by country)

Here's the steps you need to take to fund your trading account:

1. Enter FreshForex client area;
2. Choose your preferred payment option;
3. Enter the deposit amount and other necessary details;
4. Complete the transaction process.

The broker claims zero deposit and withdrawal fees, though users should verify if third-party charges apply. Processing times vary: deposits are typically instant, while withdrawals may take up to 10 minutes to 24 hours, depending on the method.

The minimum withdrawal amount is $1, which makes the platform accessible even for small-scale traders.

Copy Trading & Investment Options Offered on FreshForex

Unfortunately, FreshForex doesn’t offer a PAMM account or copy trading feature at the moment. This broker used to have a copy trading system called “Flagman invest” which account managers could use to receive funds from beginner traders and manage them.

FreshForex Markets and Symbols

FreshForex offers a diverse range of tradable instruments across various asset classes:

• Forex: 50 currency major, minor, and exotic pairs available
• CFDs: Cryptocurrencies [BTC, ETH, XRP, etc.], Precious metals [Gold, Silver], energy futures [Gas, Brent oil, WTI], Indices [CAC 40, Nikki, S&P 500, DJI 30, etc.], and corporate stock.

FreshForex Broker Bonuses and Promotions

FreshForex offers several bonuses and promotions to attract and retain traders. Here are some of their key offerings:

• No Deposit Bonus: FreshForex offers this bonus to traders who create a classic, market pro, or ECN account using a promotion code. Traders can withdraw their profits using this bonus or extend the time limit by seven more days by depositing funds into their accounts.
• 101% Deposit Bonus: To receive this bonus, traders need to fund $101 dollars or more to receive 101% of the deposit amount as a bonus.
• while bonuses can provide additional trading capital, they should not be the primary factor in choosing a broker. Always consider the overall trading conditions, regulation, and reputation of the broker.

FreshForex Broker Support

It’s time to assess customer support in our FreshForex broker review. This broker provides customer support through various channels to assist traders with their queries and concerns.

The hotline operates between 07:00 to 16:00 GMT. While FreshForex aims to provide comprehensive support, it's worth noting that the service is not available 24/7.

Some user reviews have reported mixed experiences with customer support, so it's advisable to test the responsiveness and helpfulness of the support team before committing to a live account.

Restricted Countries in FreshForex broker

Due to regulatory restrictions and international sanctions, FreshForex operates globally but does not provide services to certain countries.

Here's a list of some key restricted countries:

• United States
• United Kingdom
• Hong Kong
• France
• Australia
• Belgium
• Israel
• Iran
• North Korea
• Syria

Additionally, FreshForex does not accept clients from:

• Countries under international sanctions
• High-risk countries identified by FATF
• Regions with serious AML/CFT deficiencies

It's important to note that this list is incomplete and may change over time due to evolving regulatory landscapes and geopolitical situations. Traders should always check the most up-to-date information on the FreshForex website or contact customer support to confirm their eligibility to open an account.

FreshForex Broker Trust Scores & Reviews

FreshForex has received mixed reviews from traders and industry experts. Here's a summary of trust scores and user feedback:

It's important to note that online reviews can be subjective and may not represent the experiences of all traders.

FreshForex Broker Education

FreshForex provides a comprehensive suite of educational resources to help traders enhance their trading skills.

From forex trading basics to technical and fundamental analysis, Freshforex offers a variety of articles for market participants to learn the ins and outs of trading.

This broker also provides forex webinars for traders to get updated with news and technical analysis on various currency pairs.

You can also use TradingFinder's Forex education and Crypto tutorial sections for additional resources.

Comparison of FreshForex with Other Brokers

Let's take a quick look at FreshForex's offerings in comparison with other popular brokerage companies:

TF Expert Suggestion

FreshForex's low trading costs (spreads from 0.0 pips and 0.003% commissions) combined with a no-deposit and $101 deposit bonus have made this platform a prominent player in the brokerage space.

However, the lack of proper regulation by highly regarded financial authorities such as FCA, SEC, CySEC, and ASIC is a major drawback that traders need to consider.