Comparison of FreshForex and FXOpen
| Feature | FreshForex | FXOpen |
|---|---|---|
| Broker | ||
| Year Founded | 2004 | 2005 |
| Broker Type | MM, STP, ECN | MM, STP, ECN |
| Dealing | A-book, B-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | SVGFSA | FCA, CySEC, ASIC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:2000 | 1:500 |
| Minimum Deposit | $25 | $1 |
| Base Currencies | USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC |
| Funding 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) | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) |
| Inactivity Fee | ✖ | $10 per month after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | 0.1–3.5% | ✖ |
| Investor Protection | - | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
| Protection Size | - | £85 000 / €20 000 |
| Segregated Accounts | ✖ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✖ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✖ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks (CFDs), Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, ETFs, Metals, Energies, Cryptocurrencies |
| Review | FreshForex Review | FXOpen Review |
About 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
About FXOpen
FXOpen is a well-established forex broker founded in 2005, recognized for its commitment to providing a transparent and reliable trading environment. Catering to both novice and experienced traders, FXOpen offers a wide range of trading instruments, including major and exotic currency pairs, commodities, indices, and cryptocurrencies. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and TickTrader, ensuring that traders have access to advanced tools and features for effective trading. FXOpen is regulated by several reputable financial authorities, which enhances its credibility and ensures the security of client funds. Additionally, FXOpen provides various account types to suit different trading styles and offers competitive spreads, leverage options, and robust customer support, making it a popular choice among forex traders worldwide.
Pros
- Regulated by multiple reputable financial authorities
- Offers MetaTrader 4, MetaTrader 5, and TickTrader
- Access to numerous currency pairs, commodities, indices, and cryptocurrencies
- Provides tight spreads and flexible leverage options
- Multiple account options tailored to different trading needs, including micro, standard, and ECN accounts
- Responsive and knowledgeable support team available through various channels
- Efficient order execution with minimal slippage
Cons
- Fewer promotional bonuses and incentives compared to some other brokers in the market
- Some accounts may charge inactivity fees if there are no trades over a certain period
FreshForex & FXOpen Regulation
| Feature | FreshForex | FXOpen |
|---|---|---|
Companies | Riston Capital Ltd | FXOpen Markets Limited, FXOpen Ltd, FXOpen EU Ltd, FXOpen AU Pty Ltd |
Countries | Saint Vincent and the Grenadines | Saint Kitts and Nevis, United Kingdom, Cyprus, Australia |
Regulators | SVGFSA | FCA, CySEC, ASIC |
Investor Protection | - | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) |
Investor Protection Size | - | £85 000 / €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | FreshForex | FXOpen |
|---|---|---|
STP Account | ||
| Account Name | Market Pro | STP |
| Min Deposit | $25 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 1 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 40% | 30% |
| Margin Call | 100% | 50% |
ECN Account | ||
| Account Name | ECN | ECN |
| Min Deposit | $25 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.0 | 0 |
| Fee | $6 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 60% | 50% |
| Margin Call | 100% | 100% |
Fix Spread Account | ||
| Account Name | Classic | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Instant | — |
| Min Spread | 2.0 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 20% | — |
| Margin Call | 100% | — |
Cent Account | ||
| Account Name | Classic.Cent | Micro |
| Min Deposit | $25 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Fixed | Floating |
| Execution | Instant | Market |
| Min Spread | 2.0 | 1 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:500 |
| Stop Out | 20% | 10% |
| Margin Call | 100% | 20% |
Crypto Account | ||
| Account Name | — | Crypto |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1 |
| Fee | — | $100 per 1 lot |
| Max Leverage | — | 1:3 |
| Stop Out | — | 15% |
| Margin Call | — | 30% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | FreshForex | FXOpen |
|---|---|---|
Base currencies | USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, 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) | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) |
Inactivity fee | $10 per month after 12 months | |
Interest on margin | ||
Withdrawal fee | 0.1–3.5% |
Trading Platforms and Conditions
| Feature | FreshForex | FXOpen |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView |
Execution Speed | - | 1 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | FreshForex | FXOpen |
|---|---|---|
Currencies | 52 | 66 |
Indices | 12 | 12 |
Stocks | 133 | 553 |
Cryptocurrencies | 71 | 41 |
Bonds | 0 | 0 |
Metals | 13 | 3 |
Energies | 3 | 3 |
Soft Commodities | 0 | 0 |
ETFs | 7 | 56 |
Education and Analytics
| Feature | FreshForex | FXOpen |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | FreshForex | FXOpen |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | $99 | — |
| Details | Learn More | — |
Contests
| Feature | FreshForex | FXOpen |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List | — |
|
- TickTrader ChallengeStart Balance: $5000 · Prize Pool: $650 · Period: MonthlyLearn More
Customer Support
| Contact | FreshForex | FXOpen |
|---|---|---|
Email | info@freshforex.com | sales@fxopen.com |
Phone | 8 800 333 88 08 | +6498010123 |
Telegram | Telegram | Telegram |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | — |
Which Broker is Better?
After comparing FreshForex and FXOpen, FreshForex comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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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.