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FreshForex Review: Detailed Analysis & Insights

Andriy BondarenkoAndriy Bondarenko
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FreshForex Overview

Websitefreshforex.com
Year Founded2004
Countries of RegistrationSaint Vincent and the Grenadines
Website LanguagesEnglish, Indonesian, Arabic, Russian, Spanish, Portuguese, Thai, Ukrainian, Kazakh, Tajik, Uzbek, Azerbaijani, Vietnamese
RegulatorsSVGFSA
Broker TypeMM, STP, ECN
DealingA-book, B-book
Minimum Deposit$25
Account CurrenciesUSD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC
Spreadhigh
Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5)
Trading AssetsCurrencies, Indices, Stocks (CFDs), Cryptocurrencies, Metals, Energies

Founded in 2004, FreshForex grew up inside the MetaTrader ecosystem with a simple promise: make online trading accessible without overcomplicating the toolkit. The broker offers a clear path through three familiar account types-Classic (fixed spreads), Market Pro (floating spreads), and ECN (raw pricing with commission)-so newcomers can start small and later scale into tighter pricing as their skills and balance grow. The product mix spans major markets, including forex, indices, metals, energies, stocks, and cryptocurrencies on MT4/MT5. FreshForex pairs this straightforward setup with practical support: daily analytics and education, flexible funding via cards, popular e-wallets, and crypto, plus optional VPS for MT5 to help systematic and algo traders. Whether you’re taking your first steps or refining a strategy on MetaTrader, the focus stays the same-clear account choices, familiar platforms, and a smooth route from learning to more advanced trading.

Brief look at FreshForex

FreshForex is a forex and CFD broker operated by Riston Capital Ltd in Saint Vincent and the Grenadines. Founded in 2004, it serves clients across many regions with MetaTrader 4/5, a demo environment, and a straightforward trio of live accounts: Classic (fixed spreads), Market Pro (floating spreads), and ECN (raw pricing with commission). The broker states there’s no strict minimum deposit, while recommended starting balances are $200 for Classic, $400 for Market Pro, and $2,000 for ECN. Leverage on the global site is advertised up to 1:2000, with margin call/stop-out commonly set around 100%/20–60% depending on account type. Funding covers cards, popular e-wallets and a broad crypto set, and there are frequent deposit promos. At the same time, the legal setup is offshore (SVG FSA registration rather than top-tier supervision), so investor compensation schemes don’t apply, and some fees may be charged on withdrawals depending on the method. VPS on MT5 is available (often free for qualifying deposits), and Islamic (swap-free) terms can be enabled for any account.

Pros

  • Three clear account choices on MT4/MT5
  • High maximum leverage on the global site (up to 1:2000)
  • Rich funding stack incl. crypto + local options
  • VPS available on MT5

Cons

  • Offshore regulation
  • Classic fixed spreads can be wide
  • Inconsistent public info on negative balance protection/segregation

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FreshForex Reviews

3.8/5
5 reviews
PipSeeker

FreshForex gave me an easy start with MT4/MT5. I switched to the ECN account for raw spreads and execution feels snappy. Depositing with USDT was instant and the VPS offer helped stabilize my EAs.

4/28/2025
MayaFX

Solid broker for day-to-day trading. Market Pro spreads are competitive and their daily analytics are useful. I’d like to see a larger stock CFD list, but overall the platform is stable and simple to use.

3/10/2025
QuantKid

Transparent ECN commission and decent order fills. Overnight swaps felt a bit pricey for some pairs, though. Good place to test algos if you already know MetaTrader.

12/2/2024
TravelerTrader

Account verification took longer than I expected and a card withdrawal had a small fee. Support replied, but slower than I’d like during peak hours.

1/15/2025
AlgoNova

Great for automated trading: MT5, promo VPS, and tight pricing on ECN (often near zero during liquid sessions). Crypto deposits/withdrawals made funding straightforward.

6/22/2025

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Is FreshForex regulated?

Companies
Riston Capital Ltd
Countries
Saint Vincent and the Grenadines
Regulators
SVGFSA
Investor Protection
-
Investor Protection Size
-
Publicly Traded
Segregated Accounts
Guaranteed Stop Loss
Negative Balance Protection

FreshForex Account Types

Market Pro
Min Deposit: $25
Lot Size: 0.01
Spread Type: Floating
Execution: Market
Min Spread: 0.9 pips
Fee: No
Max Leverage: 1:1000
Stop Out: 40%
Margin Call: 100%
ECN
Min Deposit: $25
Lot Size: 0.01
Spread Type: Floating
Execution: Market
Min Spread: 0.0 pips
Fee: $6 per 1 lot
Max Leverage: 1:1000
Stop Out: 60%
Margin Call: 100%
Classic
Min Deposit: $25
Lot Size: 0.01
Spread Type: Fixed
Execution: Instant
Min Spread: 2.0 pips
Fee: No
Max Leverage: 1:2000
Stop Out: 20%
Margin Call: 100%
Classic.Cent
Min Deposit: $25
Lot Size: 0.01
Spread Type: Fixed
Execution: Instant
Min Spread: 2.0 pips
Fee: No
Max Leverage: 1:1000
Stop Out: 20%
Margin Call: 100%

Additional Features

  • Demo Account
  • VIP Account
  • Swap-Free Account
  • Copy Trading
  • VPS
  • PAMM/MAM Accounts

FreshForex Funding and Fees

Base currencies
USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC
Deposit and withdrawal methods
Visa/Mastercard, WebMoney, Volet, M-Pesa, Sticpay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), Bitcoin Cash (BCH), XRP (XRP), Zcash (ZEC), USD Coin (USDC)
Inactivity fee
Interest on margin
Withdrawal Fee
0.1–3.5%

FreshForex Trading Platforms and Conditions

Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Execution Speed
- ms
Scalping
Expert Advisors (EAs)
Depth of Market (DOM)
Spread
high

FreshForex Trading Assets

Currencies
52
Indices
12
Stocks
133
Cryptocurrencies
71
Bonds
0
Metals
13
Energies
3
Soft Commodities
0
ETFs
7

Education and Analytics

Economic Calendar
Indicators
Robots
Signals
Autochartist
Expert Analytics
News Feed
Education Articles
Webinars
Seminars

Broker Bonuses

Bonus TypeSizeDetails
No Deposit Bonus$99Learn More

FreshForex Support

FreshForex Alternatives

BrokerFreshForexAMarketsRoboForexInstaForexWorld ForexFXOpen
TypeMM, STP, ECNECN, STPMM, STP, ECNMMMM, STPMM, STP, ECN
Minimum Deposit$25$100$10$1$1$1
RegulatorsSVGFSAFSC, MISA, SVGFSABFSCBVIFSC, CySEC, SVGFSASVGFSA, VFSCFCA, CySEC, ASIC
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5)MetaTrader 4 (MT4), MetaTrader 5 (MT5)MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTraderMetaTrader 4 (MT4), MetaTrader 5 (MT5), InstaForexMetaTrader 4 (MT4), MetaTrader 5 (MT5)MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView
Spreadhighlowlowhighlowlow
Leverage1:20001:30001:20001:10001:10001:500
AssetsCurrencies, Indices, Stocks (CFDs), Cryptocurrencies, Metals, EnergiesCurrencies, Indices, Stocks, Cryptocurrencies, Bonds, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, ETFs, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities, CryptocurrenciesCurrencies, Metals, Energies, Stock CFDs, Indices, Cryptocurrencies, Digital ContractsCurrencies, Indices, Stocks, ETFs, Metals, Energies, Cryptocurrencies

Is FreshForex Right for You?

FreshForex appeals to budget-conscious traders who want a familiar MT4/MT5 setup, small starting amounts, and the option to move from fixed-spread Classic to lower-spread Market Pro or raw-priced ECN. Funding is flexible (cards, e-wallets, and crypto), VPS is available for algos, and the market lineup spans forex, indices, metals, energies, stocks, and cryptocurrencies. However, FreshForex operates under an offshore registration in Saint Vincent and the Grenadines rather than a top-tier regulator, so statutory investor-compensation schemes don’t apply. Classic spreads can be wider than peers, ECN pricing adds a per-lot commission, and withdrawal fees may apply depending on the method. The globally advertised high leverage (up to 1:2000) also increases risk and won’t suit all traders. In conclusion, FreshForex can be a practical choice if you value MT4/MT5, flexible funding (including crypto), and the ability to start small while scaling into tighter pricing. Traders who prioritise top-tier regulation, broader formal protections, or the lowest possible banking fees may prefer to consider alternatives.

FAQ

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Andriy Bondarenko

Andriy Bondarenko

Broker Analyst

Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.

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