FreshForex
Published: Updated:
- Trust score
- 5/10
- Legal simplicity
- 6/10
- Min. deposit
- 0
- Regulations
- Payment systems
- Instruments
- Forex, Metals, Indices, Commodities, Energies, Stocks, Cryptocurrencies
- Legal entity
- Riston Capital Ltd
- Jurisdiction
- Saint Vincent and the Grenadines
- Fees
- Classic and Market Pro accounts price the cost into the spread; ECN accounts quote raw spreads with a commission per lot. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are usually processed within one business day, with e-wallet and cryptocurrency payouts arriving fastest.
- Available in
Features
- Daily market analysis
- Islamic (swap-free) accounts
- Deposit bonus
- Telephone trading
- Wide range of tradable instruments
Cons
- Withdrawal issues reported by traders
FreshForex is a forex and CFD broker established in 2004, offering trading on currencies, stocks, indices, metals, and energy commodities with no minimum deposit. It is regulated only by KROUFR, a non-governmental regulator, and offers three account types — Classic, Market Pro, and ECN — alongside VPS hosting, free trading education, and 24/7 support.
FreshForex is a KROUFR-regulated broker offering Classic, Market Pro, and ECN accounts with no minimum deposit, daily analysis, and Islamic accounts.
Overview of FreshForex
FreshForex is a forex and CFD broker established in 2004, offering trading on currencies, stocks, indices, metals, and energy commodities, alongside VPS hosting, free trading education, and 24/7 technical support.
Regulation
FreshForex is regulated solely by KROUFR, a non-governmental regulator. Because KROUFR is not a government financial authority, its oversight offers a lower level of investor protection than regulators such as the FCA or ASIC. Traders should weigh this before opening an account.
Account Types
- Classic: aimed at beginners, over 130 instruments, 4-digit quotations, leverage up to 1:1000, fixed spreads from 2 pips.
- Market Pro: aimed at scalpers and active traders, 5-digit quotations, leverage up to 1:500, execution from 0.1 seconds, floating spreads from 0.9 pips; take-profit and stop-loss orders can only be set after the trade opens.
- ECN Trading: aimed at professional traders, trading within the spread with high liquidity and interbank execution, leverage up to 1:500, spreads near zero, execution from 0.05 seconds, Smart Bridge Technology for hedge orders, and a commission from $1.9 per lot.
All account types have no minimum deposit. A swap-free account is available on request, replacing swap charges with a fixed $5-per-lot commission. Scalping and automated trading advisors are permitted on every account type.
GoldMan Premium Club
Traders who keep a balance of $5,000 or more qualify for the GoldMan club, which includes zero commission on deposits and withdrawals, individual credit leverage, a 36% annual interest rate on available funds, faster profit withdrawals, advance account replenishment, and an airbag feature intended to reduce margin calls.
Withdrawals
FreshForex advertises fast withdrawal processing, though some traders report withdrawal issues — worth confirming directly with the broker before depositing.
VPS and Support
FreshForex offers a VPS service starting at $10 per month for traders running automated strategies, along with free educational materials and round-the-clock technical support.
Affiliate Program
FreshForex runs an affiliate program that pays traders for referring new clients.
Trading conditions
FreshForex offers Classic, Market Pro and ECN accounts on MetaTrader 4 and 5, with high leverage and an active bonus programme.
Bonus credit is the thing to read carefully here. Deposit bonuses and cashback schemes normally carry volume conditions before the bonus or the profit derived from it can be withdrawn, and those conditions frequently apply to the whole account balance rather than to the bonus alone. A bonus that locks your own capital is a cost, not a benefit.
Hedging, scalping and Expert Advisors are permitted without restriction.
Verification
Verification requires photo ID and a proof of address, normally cleared within one business day and required before the first withdrawal.
The operating entity is registered in Saint Vincent and the Grenadines, whose Financial Services Authority registers companies but does not license or supervise forex business. There is no leverage cap, no conduct rulebook and no compensation scheme — segregation and the firm's own solvency are the only protections.
