Zusammenfassung:FreshForex, an online brokerage platform, offers a wide range of trading instruments. They provide their clients with the popular MT4 and MT5, known for their advanced features and user-friendly interface.
Quick FreshForex Review Summary | |
Founded | 2009 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | 270+, forex, CFD |
Demo Account | ✅ |
Islamic Account | ✅ |
Min Deposit | $10 |
Leverage | 1:25 - 1:2000 |
Spread | Fixed from 2 pips (Classic account) |
Trading Platform | MT4 and MT5 |
Customer Support | 24/5 live chat, Telegram |
Tel: +442070992124 (from 07:00 to 16:00 GMT) | |
Email: info@freshforex.com |
FreshForex, an online brokerage platform, offers a wide range of trading instruments. They provide their clients with the popular MT4 and MT5, known for their advanced features and user-friendly interface.
However, it is important to note that FreshForex currently operates without valid regulation or oversight from a government or financial authority. This lack of regulation raises concerns about the safety and security of investors' funds and the transparency of their operations.
Pros | Cons |
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FreshForex is currently operating without proper regulation, indicating a lack of oversight from government or financial authorities. This lack of regulation brings about risks when considering investing with them.
Therefore, it is recommended to conduct comprehensive research and carefully evaluate the potential risks and rewards before deciding to invest. It is generally advisable to choose regulated brokers to ensure the safety and protection of your funds.
FreshForex offers 270+ trading insruments, including forex and CFDs.
FreshForex provides flexible leverage ranging from 1:25 to 1:2000, which can be attractive to traders seeking higher returns with a smaller initial investment.
However, it is important to understand that while high leverage can lead to significant profits, it also comes with increased risks. The higher the leverage, the greater the potential for both gains and losses. Traders is supposed to be aware that losses can also be magnified, and even a small unfavorable price movement can result in a substantial loss.
Trading Platforms
FreshForex offers its clients the popular MT4 and MT5. These platforms are widely recognized in the industry for their advanced features, user-friendly interface, and extensive trading capabilities.
MT4 is a well-known and widely used trading platform, offering a comprehensive set of tools for traders of all levels. It provides a range of features such as real-time price quotes and various order types for efficient trade execution.
MT5 is the successor to MT4 and offers even more advanced features and capabilities. In addition to everything available in MT4, MT5 provides access to additional markets, including stocks and futures. It offers a more extensive selection of technical indicators and charting tools for in-depth analysis. Like MT4, MT5 allows for the creation and use of EAs, offering the flexibility to automate trading strategies.
Deposit
Deposit Method | Min Deposit | Deposit Fee | Deposit Time |
Cryptocurrencies | |||
Bitcoin | 0.0005 BTC | ❌ | Min. 3 confirmations |
Bitcoin Cash | 0.07 BCH | ||
Litecoin | 0.4 LTC | ||
Tether ERC20 | 30 USDT | Depends on the blockchain network | |
Tether USDT (TRC20) | 25 USDT | ||
Binance Coin | 0.045 BNB | ||
Ethereum | 0.01 ETH | ||
Ripple | 50 XRP | ||
Stellar | 30 XLM | ||
USDC | 25 USD | ||
E Payments | |||
Sticpay | 2 100 INR, 390 000 IDR, 1 500 PHP, 900 THB, 630 000 VND, 25 USD/EUR | ❌ | Instant |
Webmoney | 150 USD | 30% | |
Volet | 25 USD/EUR | ❌ | |
OnlineNaira NGN | 44 000 NGN | ||
OnlineNaira USD | 25 USD | ||
E-wallets of the Phillipines | 2 500 PHB | ||
ฝากด่วนออนไลน์ | 900 THB | ||
Gửi Tiền Nhanh | 630 000 VND | ||
My direct | 110 MYR | ||
Transfer Kilat | 390 000 IDR | ||
Express Payment | 1 500 PHP | ||
Kuchinga: App, Ozow, Snapscan, Cards, Voucher | 450 ZAR | ||
Kuchinga: APP, Instant Bank, Cards, Voucher | 44 000 NGN | Up to 24 hours | |
Bank cards | |||
Mastercard | 50 USD/EUR | ❌ | Instant |
Bank cards (GP) | 25 USD/ 2 100 INR | Up to 24 hours | |
Visa/MasterCard NGN | 44 000 NGN | Instant | |
Visa/Mastercard | 25 EUR | ||
Mobile payments | |||
M-Pesa | 3 500 KES | ❌ | 1 day |
Internet banking | |||
Banks | 110 MYR, 2 500 PHP, 390 000 IDR, 630 000 VND, 900 THB | ❌ | Instant |
Banks of Nigeria | 44 000 NGN | 3 - 7 days |
Withdrawal
Withdrawal Method | Withdrawal Fee | Withdrawal Time |
Cryptocurrencies | ||
Bitcoin | 1% BTC (min 0,0001 BTC) | Depends on the blockchain network |
Tether ERC20 | 0.5% USDT + 5 USD | |
Ethereum | 0.1% ETH (min 3 USD, max 10 USD) | |
Ripple | 0.1% XRP (min 3 USD, max 10 USD) | |
Tether TRC20 | 0.5% USDT + 2 USD | |
Bitcoin Cash | 0.5% BCH (min 0.005 BCH) | |
Litecoin | 0.5% LTC (min 0.015 LTC) | |
E Payments | ||
Webmoney | 0.8% USD | Instant |
Volet | 2% USD/EUR | |
OnlineNaira | ❌ | |
Ozow | 2% ZAR + 10 ZAR | 5 bank days |
Snapscan | ||
Sticpay | 2.5% USD/EUR + 0.3 USD | Instant |
Bank cards | ||
Visa/Mastercard | 2.5% USD/EUR + 5 USD/EUR | 5 bank days |
Mobile payments | ||
M-Pesa | 5% KES + 80 KES | 5 bank days |
Internet banking | ||
Banks | 3% MYR/IDR/VND/THB/PHP (min 1 USD) | 5 bank days |
Banks of Nigeria | 1% NGN + 1 500 NGN |
Customers can visit their office or get in touch with customer service line 24/5 using the information provided below:
Live chat
Telephone: +44 2070992124 (from 07:00 to 16:00 GMT)
Email: info@freshforex.com
Additionally, FreshForex provides a Frequently Asked Questions (FAQ) section on their website to assist clients with commonly raised questions and provide pertinent information.
In conclusion, it is important to exercise caution when considering FreshForex as an investment platform. At present, FreshForex operates without valid regulation or oversight from a government or financial authority. This lack of regulation raises concerns about the safety and security of investors' funds and the transparency of their operations.
While FreshForex offers a wide range of trading instruments and popular trading platforms like MT4 and MT5, the absence of regulatory oversight means that investors may face increased risks, including potential difficulties in withdrawal and the possibility of falling victim to scams.
Q 1: | Is FreshForex regulated? |
A 1: | No. |
Q 2: | Does FreshForex offer demo accounts? |
A 2: | Yes. |
Q 3: | Does FreshForex offer the industry leading MT4 & MT5? |
A 3: | Yes. Both MT4 and MT5 are available. |
Q 4: | What is the minimum deposit for FreshForex? |
A 4: | $10. |
Q 5: | Is FreshForex a good broker for beginners? |
A 5: | No. It is not an ideal choice for beginners because of its unregulated condition. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.