Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
FreshForex Pros & Cons
- favorable trading conditions;
- work with the liquidity providers having a European license;
- 270 instruments for trading: Forex instruments, CFDs on precious metals, energy products, and indices, cryptocurrencies as well as corporate shares and ETF;
- spreads from 0 pips;
- the ability to replenish the account and withdraw funds quickly;
- bonuses and offers;
- easy to use the software that is available on your desktop computer, laptop, tablet, or smartphone.
- customer service works 24 hours although not on weekends;
- no investment programs.
TU Expert Verdict
FreshForex is a reliable and well-established choice. I’ve reviewed its features, tested its services, and found that traders generally report positive results. It offers stable performance, dependable execution, and overall solid quality for everyday trading.
Top-5 Brokers Traders Prefer
FreshForex User Reviews
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5-star
21%
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4-star
37%
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3-star
40%
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2-star
3%
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1-star
0%
No bad point at all
Been trading with FreshForex for a couple months now, and honestly, no major complaints so far. I was looking for a broker with decent spreads, nothing crazy, especially during news events — and was actually surprised here. Caught near-zero spreads on EUR/USD a few times on the ECN account during inflation releases. Orders go through fine, fast execution, no lag.
What’s cool too — you can use different account types. I set up one Classic and one ECN, depending on what I'm doing. I use Classic for mid-term stuff, and ECN when I feel like scalping, especially gold if there’s good movement. In December, after the Fed, there was some serious action on XAU/USD — went short and made around $250 in an hour, just riding the move.
Their MT4 runs smooth, nothing buggy so far. And I checked — they’ve been around like 19 years already, which gives me more trust. Had some bad experiences with other brokers before — wider spreads than promised, withdrawals stuck for days. Haven’t seen that kind of n
I haven't seen any weaknesses
I recently started working with FreshForex and honestly, I’m pretty satisfied. First, I installed their mobile app — super easy to navigate, even for a beginner. I traded on a Pro account, tested a 15-minute strategy using the RSI indicator and Fibonacci levels — everything worked smoothly, no execution delays. I topped up my account via YooMoney with $150 — the funds were credited instantly. A week later, I withdrew $80 to my Sberbank card — it landed in less than 6 hours, which was faster than I expected. Yeah, there was about a 2% fee, but nothing crazy. I traded EUR/GBP, USD/JPY, and gold — spreads were tight, especially during the Asian session. I also liked that the client area has an economic calendar and you can quickly check swap rates for each instrument. Support in live chat responds within a couple of minutes — they helped me understand the difference between the Pro and Market Pro accounts. Overall, this broker fits my scalping style really well — stable platform and fast
Am happy so far, I cant complain
FreshForex is awesome, seriously! The 101% deposit bonus is a lifesaver. You drop $100 in, and boom — you’ve got $201 to trade with. Makes a huge difference, especially when you’re trying to build up your account or need that extra margin for a trade. I’ve used the bonus a few times already, and it always works smoothly. Honestly, that bonus is the main reason I stick with them. Totally recommend it, especially if you’re just starting out — it really helps you get going!
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria6 /10The trading and non-trading commissions of FreshForex have been analyzed and rated as having Medium fees, with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- Withdrawal fee applies
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Is FreshForex Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria2.5 /10FreshForex has a safety score of 2.5/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Negative balance protection
- 20 years on the market
- Not tier-1 regulated
- Not regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4 /10FreshForex offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free, VIP, Managed.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Demo account
- Exclusive VIP account with enhanced trading conditions
- Low minimum deposit
- No Cent account
- Micro lots are not available
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.3 /10FreshForex received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.8 /10FreshForex offers a limited selection of trading assets compared to the market average. The platform supports 270 assets in total, including 70 Forex pairs.
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Trading Account Opening
We successfully registered an account with FreshForex in 5 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FreshForex is $25.Score:We evaluated Trading Account Opening at FreshForex by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria7.9 /10FreshForex received a score of 7.9/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria2 /10 -
Customer Support
Score:We evaluated Customer Support at FreshForex by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria6 /10
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FreshForex Video Guides
FAQs
What commissions and fees does FreshForex charge for trading and withdrawals?
FreshForex has been rated as having medium overall fees, with low Forex trading fees, tight EUR/USD spreads, and no inactivity or deposit fees. Standard account EUR/USD spreads typically range from 0.1 to 0.2 pips, while ECN accounts have average EUR/USD and GBP/USD spreads of about 0.4 pips plus a $3 commission per lot, and withdrawals incur fees of 0.1–3.5% or $2–5 according to the review.
What types of trading accounts are available at FreshForex?
FreshForex offers several account types, including Demo, Standard, ECN/Raw spread, Swap Free (Islamic), VIP, and Managed accounts. The broker also lists Classic accounts with fixed spreads from 2 pips and leverage up to 1:2000, Market Pro accounts with floating spreads from 0.9 pips and leverage up to 1:1000, and ECN accounts with spreads from 0 pips, but it does not provide Cent or Micro accounts.
What do FreshForex user reviews and feedback say about the broker?
FreshForex has a user satisfaction score of 7.5/10 based on 230 reviews, with 21% 5-star, 37% 4-star, 40% 3-star, 3% 2-star, and no 1-star ratings. According to user reviews, the overall impression is mixed, reflecting a balance of positive, neutral, and some negative experiences.
Which markets and tradable assets are available with FreshForex?
FreshForex supports 270 tradable assets, including 70 currency pairs, stocks, commodity futures, cryptocurrencies, and stock indices, but does not offer options, bonds, ETFs, copy trading, or PAMM investing. The review notes that the overall asset selection is limited compared to the market average, although managed accounts are available as an investment option.
How does the FreshForex account opening process work and how long does it take?
The FreshForex account opening process is fully online, with registration reportedly taking about 5 minutes and KYC verification typically completed within 1 business day, and the minimum deposit is $25. The review notes that depositing and trading are available without verification, and while the process is described as accessible and fast, it may feel less convenient for some beginners.
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