Fresh Forex Overview
Website: freshforex.com
Telephone: +442070992124
Regulation: Not Regulated
Pairs offered: Major, Minor, and Exotic Pairs
Minimum Deposit: No Minimum
Spreads From: 2 PIPs
Max Leverage: 2000:1
Markets: Forex, CFDs, Commodities, Stocks, Metals
Deposit Options

Fresh Forex Broker Review

Fresh Forex is a registered member of the IDACB (International Decentralised Association of Cryptocurrency and Blockchain). It is licensed and regulated in St Vincent and Grenadines, with financial services provided by Riston Capital LTD. This online forex broker has been operational since 2004, and it provides a host of FX trading services to individuals.

These include several popular account types such as the Classic Account, Market Pro Account, and the professional ECN account. With trading terminals MT4 and MT5 in operation, Fresh Forex offers a wide range of market order executions, multiple order types, charts, graphs and other analysis. This forex broker boasts an average withdrawal time of 11 minutes, order execution time of 0.3 seconds, and an average spread value of 0.2.

This forex broker boasts an impressive range of offerings, notably leverage of 1:2000, spreads from 0 pips, micro lots starting at 0.01, Cryptocurrency trading, and 0% commission on deposits. As an industry-leading authority, Fresh Forex has been awarded 30 times, and has clients in 158+ countries. There are some 130+ trading instruments available, with EAs, trading via telegram, and rapid order execution.

Overview/ background

 

Fresh Forex has been going strong for 14 years, and is regarded as a market-leading entity in the FX trading arena. Several of the benefits available through this broker include tight spreads, zero minimum deposit, and rapid withdrawal times. Additionally, clients of Fresh Forex get to enjoy a wide range of educational tools and resources, training services, and analytics. Multiple awards have been granted to this broker over the years, including the Kroufr Awards in 2016, the 2015 Shanghai Forex Expo award, the Invest Award in 2014, the Russian Affiliate Congress (RACE) award and others.

This forex brokerage company is owned by Riston Capital Limited, with its physical address located in St Vincent and the Grenadines. The International Business Company Number is 20623 IBC 2012, with the date of incorporation listed as August 29, 2012. The company is also up-to-date with its fees and obligations, as determined by the Registrar of International Business Companies (September 5, 2018). Clients can start trading for real money, or with a demo account at their leisure. Among others, there are multiple bonuses available to clients such as tradable bonuses, deposits without commission, cashback and more.

The range of trading instruments includes forex pairs, spot precious metal CFDs, CFD energy futures, Cryptocurrency CFDs, indices, corporate stocks and the like. This broker features daily and weekly forecasts, calendars of events, updated financial trading news, and vital information on interest rates, holiday schedules, and global trading sessions.

 

Account Types

 

Several different account types are available to traders in 158 countries. To get started, traders are required to complete the registration form by choosing their country, inputting biographic information, and trading online. It takes minutes to open an account, and once the requisite information has been input, clients can start trading financial instruments. It is possible to open up 9 real money accounts as well as an Affiliate Account at Fresh Forex. The Classic Account and the Market Pro Accounts process orders through the market version. Orders are executed at prices in the market at the opening/closing of an order. With Market Pro Accounts, take profit and stop loss orders can be set up after the opening position.

A quick comparison of the different account types is listed below:

  • ECN Account with MetaTrader 4 on Android, iPhone, Windows and Mac devices. A wide range of trading instruments is available including CFDs, gold, silver, and currency pairs. The minimum order size is 0.01 lots and it features a market spread. EAs are permitted. Other features include hedging, mobile trading, 1-click trading, pending orders, trailing stops, and swaps.

 

  • Market Pro Account with MetaTrader 4 on Android, iPhone, Windows and Mac devices. The trading instruments include currency pairs, gold, silver, and CFDs. The minimum order size is 0.01, and there are floating spreads. EAs are permitted, and there are dozens of forex pairs, no commissions, and a minimum spread on the EUR/USD pair of 0.9. Other features include EA trading, hedging, mobile trading, 1-click trading, pending orders, trailing stops, and swaps.

 

  • The Classic Account runs MetaTrader 4 on Android devices, Windows, and iOS. Trading instruments include gold and silver, currency pairs, and CFDs. There are fixed spreads and expert advisors (EAs) are permitted. Other features include hedging, mobile trading, 1-click trading, swaps, trailing stops, and pending orders.

 

Trading Platform/ software

 

The Forex trading platforms include MetaTrader 4 and MetaTrader 5. MetaTrader 4 is the most popular platform for trading Forex online. It is the most critically acclaimed forex trading platform, thanks to its user-friendly nature and high functionality. Clients can easily trade futures, CFDs, and forex at the click of a button. MetaTrader 4 allows traders to analyze financial instruments, receive real-time updates, and maximise trading opportunities using different trading strategies.

MetaTrader 4 can be used on PC, Mac operating systems (Mac Pro and iMac), iPhone, Linux, and Android devices. The MetaTrader 4 platform features 9 timeframes, CFDs, futures, forex, and market execution mode. With a multitude of charts and analytics features, MetaTrader 4 has built-in MQL4 language, a range of trading signals, email functionality, and a multilingual interface.

MetaTrader 5 is an internationally acclaimed forex trading platform. With MetaTrader 5 (MT5), traders all over the world get to enjoy increased usability and functionality to trade a wide range of futures, CFDs, and Forex. This trading platform offers real-time news, analysis, and trading activity. MetaTrader 5 allows for real money trading instantly on PC, Mac operating systems, iPhone, and Android devices. There are 9 timeframes with MetaTrader 5, including market execution mode, full confidentiality, unlimited charting potential, scripts, custom indicators, and expert advisors. With MQL4 language, this multilingual interface offers all the features needed to successfully trade forex online.

 

Deposit options

 

Multiple safe and secure deposit methods are available to traders including Visa, MasterCard, NETELLER, ePayService, Bitcoin, QIWI Wallet, Bradesco, Itau, WebPay, WebMoney, Skrill, and FasaPay.  In most cases, the deposit currency includes USD, EUR, RUB, and CNY. There are no commissions on these deposit methods, and transactions allow for instant processing of deposits. All deposit options are safe and secure, courtesy of SSL technology and full account encryption.

 

Markets

 

A wide range of markets is currently available at Fresh Forex. The trading instruments include forex pairs, spot precious metal CFDs, CFD energy futures, Cryptocurrency CFDs, CFD on indices, and CFDs on corporate stocks.

 

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 among others.

 

Spot precious metals CFDs – XAU/AUD, XAU/EUR, XAU/USD, XAG/AUD, XAG/USD, XPD/USD, XPT/USD.

 

CFD energy futures – WTI crude oil, natural gas, Brent crude oil

 

Cryptocurrencies CFDs – XLC, ETH, BTC, XRP, BCH, and LTC

 

CFDs on indices – Dow Jones 30, IBEX 35, SP 500, FTSE 100, DAX 30, CAC 40, NQ 100, and others.

 

CFDs on corporate stocks – 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 offers are available to traders. These include the tradable bonus 101%, deposit without commission, and cashback offers. It is a good idea for clients to contact Fresh Forex customer support for details of these promotional offers.

 

Customer Support

 

Clients can get in touch with customer support via several channels. These include online chat functionality which is available 24/5. The email address – [email protected] – is an effective way to contact customer support representatives. The customer service agents are friendly, professional, and highly responsive to traders. The head office is located at the following address:

 

St. Vincent and the Grenadines
Kingstown, Beachmont
P.O. Box 1510, Suite 305
Griffith Corporate Centre

 

Telephone assistance is available through multichannel options with 24/5 service. The telephone number to call is +44-207-099-2124. The support reps are skilled at dealing with trading, technical, registration, and account-related matters. An online contact form is also available to traders, with clients required to enter company information, city, contact name, email, telephone number, and the message. Customer support reps endeavour to respond to queries as quickly as possible.

 

Safety

 

Safety is a ranking feature of the services provided by Fresh Forex. This Forex brokerage works hard to maintain the trust of its patrons, and it does so by offering fully licensed and regulated trading services. The company which owns Fresh Forex – Riston Capital Limited – is fully licensed and regulated to offer Forex trading services. Since this company is regulated by CRFIN in Russia, the same standards do not apply to European and UK brokerages.

 

Ease of Use

 

It is relatively easy to get up and running with Fresh Forex. The trading platform caters to clients in countries all over the world, with a range of trading conditions, account types, and generous bonuses. The Forex analytics and Forex education sections are useful additions to the platform.

 

Final Thoughts

 

Fresh Forex provides a range of forex account types for clients. These include Islamic accounts, demo accounts, classic accounts, pro accounts et cetera. Plus, there are also hundreds of financial instruments to trade, including FX, CFDs, commodities, stocks, and the like. We were not able to verify segregated accounts, or UK/EU regulation of this broker.

Pros
  • 1:2000 Leverage
  • Generous Bonuses and Promotions
Cons
  • No info on Segregated Accounts
  • Not All Relevant Info Available on Site
  • Online Chat Options Limited
Fresh Forex Overview
Website: freshforex.com
Telephone: +442070992124
Regulation: Not Regulated
Pairs offered: Major, Minor, and Exotic Pairs
Minimum Deposit: No Minimum
Spreads From: 2 PIPs
Max Leverage: 2000:1
Markets: Forex, CFDs, Commodities, Stocks, Metals
Deposit Options
Pros
  • 1:2000 Leverage
  • Generous Bonuses and Promotions
Cons
  • No info on Segregated Accounts
  • Not All Relevant Info Available on Site
  • Online Chat Options Limited