Comparison of FreshForex and NordFX
| Feature | FreshForex | NordFX |
|---|---|---|
| Broker | ||
| Year Founded | 2004 | 2008 |
| Broker Type | MM, STP, ECN | STP, MM, ECN |
| Dealing | A-book, B-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | SVGFSA | - |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:2000 | 1:1000 |
| Minimum Deposit | $25 | $10 |
| Base Currencies | USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC | USD, BTC, ETH |
| 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, Skrill, Neteller, Perfect Money, WebMoney, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Ngan Luong, Help2pay, PayTrust88, Tether (USDT), USD Coin (USDC), Dai (DAI) |
| Inactivity Fee | ✖ | $10 after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | 0.1–3.5% | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| 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, Cryptocurrencies, Stocks, Indices, Metals, Energies |
| Review | FreshForex Review | NordFX 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 NordFX
NordFX is an international forex and CFD broker established in 2008. It offers a wide selection of accounts, from fixed-spread entry-level accounts to commission-based ECN accounts with spreads from 0.0 pips. Traders can access more than 150 instruments, including forex pairs, cryptocurrencies, indices, stocks, metals, and energies. With leverage up to 1:1000 (1:100 for cryptocurrencies), NordFX provides flexible options for both retail and professional traders.
Pros
- Multiple account types including ECN Zero and Crypto accounts
- Leverage up to 1:1000 on forex
- CopyTrading platform integrated
- Free VPS available for active clients
Cons
- No regulation, no investor protection
- Limited range of stock CFDs compared to bigger brokers
- No weekend customer support
FreshForex & NordFX Regulation
| Feature | FreshForex | NordFX |
|---|---|---|
Companies | Riston Capital Ltd | NFX CAPITAL VU INC. |
Countries | Saint Vincent and the Grenadines | Saint Lucia |
Regulators | SVGFSA | - |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | FreshForex | NordFX |
|---|---|---|
STP Account | ||
| Account Name | Market Pro | Pro |
| Min Deposit | $25 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 0.9 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:1000 |
| Stop Out | 40% | 20% |
| Margin Call | 100% | 40% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.0 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 60% | — |
| Margin Call | 100% | — |
Zero Account | ||
| Account Name | — | Zero |
| Min Deposit | — | $500 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.0 |
| Fee | — | $7 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 40% |
| Margin Call | — | 60% |
Fix Spread Account | ||
| Account Name | Classic | Fix |
| Min Deposit | $25 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Fixed | Fixed |
| Execution | Instant | Instant |
| Min Spread | 2.0 | 2 |
| Fee | No | No |
| Max Leverage | 1:2000 | 1:1000 |
| Stop Out | 20% | 20% |
| Margin Call | 100% | 40% |
Cent Account | ||
| Account Name | Classic.Cent | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Instant | — |
| Min Spread | 2.0 | — |
| 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 | ||
Funding and Fees
| Feature | FreshForex | NordFX |
|---|---|---|
Base currencies | USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC | USD, BTC, ETH |
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, Skrill, Neteller, Perfect Money, WebMoney, Dragonpay, AstroPay, TC Pay, FasaPay, Boleto, DOKU Wallet, Binance Pay, Ngan Luong, Help2pay, PayTrust88, Tether (USDT), USD Coin (USDC), Dai (DAI) |
Inactivity fee | $10 after 12 months | |
Interest on margin | ||
Withdrawal fee | 0.1–3.5% |
Trading Platforms and Conditions
| Feature | FreshForex | NordFX |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
Execution Speed | - | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | FreshForex | NordFX |
|---|---|---|
Currencies | 52 | 33 |
Indices | 12 | 4 |
Stocks | 133 | 68 |
Cryptocurrencies | 71 | 15 |
Bonds | 0 | 0 |
Metals | 13 | 2 |
Energies | 3 | 3 |
Soft Commodities | 0 | 0 |
ETFs | 7 | 0 |
Education and Analytics
| Feature | FreshForex | NordFX |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | FreshForex | NordFX |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | $99 | — |
| Details | Learn More | — |
Customer Support
| Contact | FreshForex | NordFX |
|---|---|---|
Email | info@freshforex.com | support@nordfx.com |
Phone | 8 800 333 88 08 | +35725030262 |
Telegram | Telegram | Telegram |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Twitter | — |
Which Broker is Better?
After comparing FreshForex and NordFX, 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.