FreshForex Scam Test

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Online Forex broker to choose

The online Forex broker FreshForex has been working in the foreign exchange market since 2004. We provide one of the best trading conditions on the market due to which we are among top Forex broker companies according to the research of the famous news agency Interfax.

To be the best Forex broker, it requires high quality trading online operations, no matter which type of account you choose: a popular Classic and Market Pro or a professional ECN. So, we definitely cope with this task! Every top Forex broker offers narrow spreads, withdrawal within 10 minutes, no minimum deposit, the unique system of hedging transactions, numerous bonuses and promotions, free analytics on the markets, education and training services and FreshForex is not an exception! All these services and many others make traders confident when choosing FreshForex as a reliable online Forex broker. We do our best to provide you the most comfortable, profitable and reliable services.

FreshForex Review, Rating and Comparison

Trading Accounts & Conditions

Account type Minimum deposit Minimum trade size Maximum leverage Spreads (& Commission)
Classic $1 0.01 1:1000 Fixed 2.0 pips
Market Pro $1 0.01 1:1000 Variable, averaged 1.6 pips
ECN $1 0.01 1:1000 Variable, averaged 0.2 pips + $6 /lot round trip

FreshForex offers several forex trading account types – two commission-free ones (fixed-spread and floating-spread), as well as an ECN account with raw market spread, which involves a commission fee. All of them provide market execution, the option to trade in micro lots and high leverage levels on the MetaTrader 4 platform.

In addition, there are Islamic (swap-free) accounts that do not involve any interest/swap charges on overnight positions. Keep in mind however, that these account types involve commission fees (from $5 to $30 per standard lot, depending on the instrument).

There is no minimum initial deposit requirement set to open an account with FreshForex, yet the recommended sum to start trading on Classic account is 200$, on Market Pro account – 400$, on ECN account – 2000$.

Overall, we find FreshForex’s trading conditions attractive: no initial deposit required, high leverage levels offered and competitive spreads. The best spreads are available on ECN accounts (accessible with just $1 investment), where average trading costs amount to just 0.8 pips for the EUR/USD pair per standard lot. For further information and comparison, you may look up the real-time spreads of 15 leading brokers here.

T he Company. Security of Funds

The broker reports its clients’ success rate on a monthly basis (profit-loss percentage)

Riston Capital Ltd.

FreshForex is an offshore-regulated broker mostly active in Russia and Asia. It offers online trading in forex and contracts for difference (CFDs) on metals, stocks, indices, energy futures, and binary options, as well as analytical, educational, and training services.

FreshForex a brand of Riston Capital, an investment company based in St. Vincent and the Grenadines. registered as International Business Company (IBC) in St. Vincent and the Grenadines.

IBCs in SVG are not obliged to meet capital adequacy requirements, to keep client money in segregated accounts, nor to arrange a compensation scheme in the event of insolvency.

In other words, trading with offshore brokers is a risky business and we generally advise traders to avoid them. Nonetheless, FreshForex is in the business since 2004, has earned a good reputation and its trading conditions are really attractive. Besides, the broker is a member of Russia’s commission for the regulation of relations on financial market, KROUFR.

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Trading Platforms

Like most brokers, this one also supports MetaTrader 4 (MT4), available as desktop and mobile versions.

Traders all over the world choose this online trading platform because of its functionalities and ease of use. With MT4 trading platform, you can easily trade on financial markets using a number of technical indicators, extensive back-testing options, advanced charting package, and wide range of Expert Advisors (EAs). Besides, In order to provide its clients with flawless operation of EAs, FreshForex offers VPS hosting for just $10 per month.

in September 2020, FreshForex launched trading via cloud-based messaging app Telegram, using its Easy bot software. The service, the first such in the forex market, enables a simplified mode of forex trading.

FreshForex is a generous brokerage that offers a number of attractive promotions, including the Megarebate program with three different schemes, as well as 101% tradable bonus.

Methods of Payment

FreshForex offers its clients a wide range of payment methods to choose from: credit/debit card (Visa, MasterCard), bank wire transfer, and e-wallets Neteller, OK PAY, FasaPay, Skrill, WebMoney, Wallet One and China UnionPay, WebPay, Qiwi and Bitcoin. FreshForex Mastercard is also available and no withdrawal commission fees apply.

At the time of writing the present review, average withdrawal time (over the last 30 applications) is 30 minutes.

Conclusion

FreshForex is an offshore Forex and CFD broker that offers attracting conditions for trading on the industry’s standard MT4 platform Here are, in a nutshell, the pros and cons of FreshForex:

Pros Cons
No minimum initial deposit required (even for ECN) Light regulation
Low competitive spreads No choice of trading platforms
MT4 available
Fast withdrawals
Bonuses offered
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Broker Country Regulation Platform Min Deposit Review
US CFTC, NFA MT4, Web,
in-house
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for FreshForex

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

Another good one to Review

Another good broker to review. Here I can point out several things, starting from their helpful deposit bonus to the fact that i can utilize my scalping robots on their VPS. Reliable trading terms with no hidden terms

this website is a scam. Only to get access to your credit card credentials and mislead you

Personally, I choose FreshForex because of the low swaps, and the fact that, I’ve never had anyone complaining of slippages, or re-quoting. Simply for that!

I have choosen them because I prefer a short-term trading to a long-term. I trade on 5-10 pips, but it is not a scapling in the strick sense. That’s why I value the execution speed and spreads as tight as possible. I trade on their market pro account and it satisfies me. I trade with profit, for the last month $250.

Awesome

On my side, my experience with Freshforex has been very good, my account manager is most helpful person ever. They have the least spreads and have the fasted deposit and withdrawal methods

Broker nice

To get a good broker, you only need ti get to the broker’s site. For example, get to a well known brokers site such as FreshForex.. Go to the bottom of the page you will find Licenses and Regulations on thier home page! Thats an example of how to get a good broker.

Bonuses

I always try to choose some broker that offers no deposit bonus. For example, FreshForex offers $2020 no deposit bonus at the moment and I will definitely activate it.

Broker is cool

According to the the best brokers rating of the International IAFT Awards 2020, FreshForex company became the first one in the “Dynamic Development” nomination!

Broker is super awesome

They have the tightest spreads.Secondly they have the fastest deposit and withdrawal systems. lastly, I love their unending promotions and bonuses. Like right now there is a Double Bonus for every deposit!

Irresponsible Trader

Freshforex denies responsability for their failures. Latelly, their failures are frequent and result in big losses for their clients.

Stay away from this broker!

I was with FreshForex for about a year.
They are scammers and cheaters. When they see we make profit, they will try to give slippages, MT4 Server disconnection and all sort of cheap cheating.

FreshFresh Review

I opened an account in Fresh Forex website but not read any reviews. Doing really well with the demo account I opened a live account and lost it all. I’m comfortable trading with Fresh Forex. I move forward and search for another broker to trade. xTrade is only a thief on forex market. I really bad experience with FreshForex is scam.

FreshForex Scam.

I was searching for a company where I can start trading with, I came across a nice review of freshforex they said it is now open for other languages not just Russian language with friendly supports and professional brokers. I found myself creating and funding my first forex account. A broker from freshforex called me and promised me loads of profits. We were working together for almost 2 weeks until he began forcing me to make huge deposits after continuously losing money with the trades that he is advising me to open. He is really unprofessional. I filed for a withdrawal because I didn’t want my hard earned money to be wasted on something that is not really sure to give me profits anymore, the promise to make it as my secondary income is no longer happening. I already lost more than half of what I funded. I just want to get the remaining money in my account. The withdrawal took more than a week to get a “response” Yes. Just a response. Informing me that I cannot withdraw my money because I “haven’t reached the trading volume for me to withdraw”. I asked them how much lots I need to trade to get my money only to find out that I have more than what they are asking from me. I told them that I traded more than what is required but then they gave me a stupid response such as I need to talk to my broker for the withdrawal. I insisted that my broker is no longer answering in my emails but they just kept on repeating what they said, that I need to contact my broker, I asked for a personal phone number where I can reach my broker but they said they cannot provide me that information, that they do not have it as well. Then I know that I have been scammed by Freshforex! They are good at first but after sucking all that I have they will not answer to me anymore. And will not give me my own money. Let us report them. Whoever representative that freshforex has, please note that I am willing to cooperate just for you to give my money back. Or at least let me have my remaining money in “MY ACCOUNT”.

FreshForex Review

Overview

«FreshForex» started up in exchange market in 2004 and now is one of the anchor companies in online trading. The company stakes on continuous enhancement of trading conditions, launch of financial tools in demand and customized customer care.

Details

Broker FreshForex
Website URL www.freshforex.org
Founded 2004
Headquarters PO Box 1825,Cedar Hill Crest, Villa, St. Vincent and the Grenadines
Support Number +442070992124
Support Types Chat, telephone, contact form, e-mail
Trading Platform Metatrader 4
Minimum 1st Deposit $1
Minimum Account Size 0.01
Bonus 101%
Leverage 1:2000
Spread from 0.9 points
Free Demo Account Open Demo
Regulated
Regulation KROUFR
Account Types Standart, Market Pro, ECN
Deposit Methods Credit/debit cards, bank transfer, Qiwi, Skrill, Neteller, CashU, Webmoney, OKPAY, W1, FasaPay and other
Withdrawal Methods Credit/debit cards, bank transfer, Qiwi, Skrill, Neteller, CashU, Webmoney, OKPAY, W1, FasaPay and other
Number of Assets 134
Types of Assets Forex, stocks, goods, CFD, crypto currencies (Bitcoin)
Trading Currency EUR, USD, RUB
US Traders Allowed
Overall Score 7/10

Full Review

According to wired news agency «Interfax» the company hit top 10 of the best brokers engaged in Russia regarding the results of the years 2020 and 2020. Starting dealing with «FreshForex» you can open a demo-account for perfecting your trading skills. Moreover, «FreshForex» offers free trading grounding training: free video lessons, Forex teach-yourself- book and daily market reviews.
The customer support is 24 hours 5 days a week by online chat, e-mail and telephone.

Trading terms

«FreshForex» offers full service for trading in Forex market:

  • Forex, CFD and binary markets access;
  • Daily market analytics in major pairs and other popular trading tools;
  • Rapid and safe financial transactions;
  • Different account types including the professional ECN accounts;
  • No margin trading decrease for ECN accounts on weekend;
  • Special VIP program for online trading;
  • «Smart Bridge Technology» (SBT) flexible and safe exchange risk hedging scheme;
  • Free webinars and available trading grounding training;
  • 134 tools for profit trading including ruble pairs, metals, oil, binaries and stock index options;
  • 0,01 second — the most rapid transaction execution in the market, on ECN-accounts.

Withdrawal

Your advantage in dealing with «FreshForex» is minimal withdrawal flat fees. The company quickly processes withdrawal requests: the best timing is 2 minutes. Customers get pay-outs within 3-5 banking days. For withdrawal you may use plastic cards, bank transfers and the most popular payment systems, such as QIWI, Webmoney, Yandex Money, Neteller, Skrill etc.
There is no commission for deposit.

Bonuses

The company grants $1 real cash to all new customers for sign up in February.

For each funds added customers receive extra payout bonus of 101%.

Also the company offers the profitable rebate-service: spread return up to 100% for each round lot.

We recommend following up the company updates to be the first to know about its unique offers and gainful bonuses.

$2020 no deposit bonus from FreshForex

Do you want to get $2020 no deposit bonus from FreshForex broker on your account?

That’s the easy part! You need:

  • to sign up in FreshForex by special link;
  • open a trading account;
  • get your bonus!

With this bonus you can test trading strategies, adjust the expert adviser or develop your trading skills on a real account with no risk for your own funds.

If we find complaints about FreshForex, we will post it on social media. Follow us to be well informed:

Summary

«FreshForex» broker successfully operates in Forex market for 12 years already and provides its customers with ones of the most gainful trading conditions. The company doesn’t limit the minimum deposit and offers plenty of stocks and bonuses for its increasing. you also may use free daily market reviews, relevant analytics and trading references from FreshForex experts.

Conclusion

Sum up, it may be said that FreshForex is a reliable broker taking care of its customers. FreshForex offers all conditions for successful and smooth trading. The relevant information you may always find on the website.
Join the effective broker — open accounts with «FreshForex»!
The margin Forex trading is of high-risk and may cause significant financial losses.

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