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;
- MetaTrader 4 and 5 only.
FreshForex offers more than 270 assets for trading, including Forex, CFDs on stocks, precious metals, energy, indices, synthetic indices and cryptocurrencies.
FreshForex boasts attractive trading conditions with spreads from 0 pips and leverage up to 1:2000. There are several account types - Classic, Market Pro, and ECN - catering to different trader levels and preferences. Traders can start with a minimum deposit of just $25, though higher deposits are recommended for certain accounts.
While lacking a top-tier regulatory license, FreshForex has built a reputation through 20 years of operation with over 20 international awards for its trading conditions and services. The broker aims to provide flexible, low-cost trading options across multiple asset classes.
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%
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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
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FreshForex with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FreshForex’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FreshForex Standard spreads FreshForex OANDA FOREX.com EUR/USD min, pips 0.1 0.1 0.7 EUR/USD max, pips 0.2 0.5 1.2 GPB/USD min, pips 0.5 0.1 0.9 GPB/USD max, pips 1.0 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FreshForex RAW/ECN spreads FreshForex OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3 3.5 5 EUR/USD avg spread 0.4 0.15 0.2 GBP/USD avg spread 0.4 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FreshForex. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FreshForex Non-Trading Fees FreshForex OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0.1-3.5 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 2-5 0-15 0 Inactivity fee ($, per month) 0 0 15 -
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
FreshForex Security Factors Foundation date 2004 Negative balance protection YesVerification (KYC) YesFreshForex is Not a Regulated Broker
Attention! It's your choice to work with regulated or unregulated brokers, but please consider the risks carefully. Unregulated brokers might offer lower fees and flexible trading options, but they lack investor protection, have a higher fraud risk, and no guarantee of withdrawals. Thoroughly research before deciding.
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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.9.2 /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.
- Low minimum deposit
- Tight spread ECN account
- Swap Free (Islamic) account
- No Cent account
- Micro lots are not available
FreshForex account types vs top competitors FreshForex Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP YesNoNoManaged YesNoNoFreshForex accounts trading conditions
For comfortable work, a trader is provided with several types of trading accounts:
Account Type Description Classic Fixed spreads from 2 pips, leverage up to 1:2000. MT4, MT5. Market Pro Floating spread from 0.9 pips, leverage up to 1:1000. Only MT4 platform available ECN Orders are executed instantly. Such an account is also distinguished by low spreads - from 0 pips; MT4, MT5; It is important to note that the amount of leverage depends on the type of account from which trading is conducted. Before opening the main account, it is recommended that you familiarize yourself with the potential of the broker and the functionality of the platform at the training demo account to avoid problems.
To increase the percentage of successful transactions conducted by traders the FreshForex provides up-to-date analytical data in the Analytics section on the official website. It contains many tools that will help you understand the market state.
To make it easier to decide on FreshForex, we recommend you to study not only the trading conditions of this broker but also the reviews of its customers that you can find on the page below.
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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.
FreshForex provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bitcoin (BTC) accepted
- USDT (Tether) supported
- No deposit fee
- Bank wire transfers available
- Many local deposit methods
- 8 currencies of trading account and 7 cryptocurrencies
- BTC not available as a base account currency
- Withdrawal fee applies
- Wise not supported
What are FreshForex deposit and withdrawal options?
FreshForex provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods EazzyPay, Airtel Money, TigoPesa, OnlineNaira, Banks of Malaysia, Banks od Indonesia, Banks of Vietnam, Banks of Philippines, Banks of Thailand, Banks of Nigeria, ฝากด่วนออนไลน์, GửiTiềnNhanh, My direct, Transfer Kilat, Kuchinga Voucher, Ozow, Snapscan, E-wallets of the Philippines, BTC, USDT, Ethereum and other crypto deposit methods.
FreshForex Deposit and Withdrawal Methods vs Competitors FreshForex Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC YesNoNoWhat are FreshForex base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FreshForex supports the following base account currencies: USD, EUR, RUB, KZT, ZAR, NGN, MYR, TZS, MBT, ETH, LTC, XRP, BCH, BNB, ADA.
What are FreshForex's minimum deposit and withdrawal amounts?
The minimum deposit on FreshForex is $25, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FreshForex’s support team.
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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.
- Indices trading
- 70 supported currency pairs
- Crypto trading
- No ETFs
- Futures not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by FreshForex with its competitors, making it easier for you to find the perfect fit.
FreshForex Trading.com Plus500 Currency pairs 70 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 270 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products FreshForex offers for beginner traders and investors who prefer not to engage in active trading.
FreshForex Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts YesNoNo -
Trading Account Opening
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 /10We 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. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fast registration time (up to 15 minutes)
- Fully online account opening process
- Account setup process may feel less convenient for beginners
FreshForex account opening FreshForex Trading.com Plus500 Online Registration YesYesYesMinimum deposit $25 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 5 20 KYC time (days) 1 2 3 Is FreshForex available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start working with FreshForex it is necessary:
To register at the Traders Union site and go to the broker’s site using the affiliate link. To press the Open account on the main page.
Register on the broker's website, indicating the following information: email address, last name and first name. Also choose the parameters of your trading account. A confirmation link will be sent to the specified email address, after clicking on it the registration is completed.
Important notice: Depositing and trading is available without verification.
The following options are available in FreshForex Personal account:
- The choice of the type of account..
- Replenishment of account and withdrawal and transfer of funds..
- Viewing statistics on bonuses and offers..
- History of operations..
There are also many other useful functions and opportunities here:
- analytics, updated every 1-3 minutes. The section has a calendar that will help you find news in the archive;
- effectiveness and profitability statistics for affiliate programs with infographics;
- customer service.
FreshForex Client area has been renewed and improved recently that has made it very use-friendly as for desktop users as well as for mobiles.
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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.
- Free VPS for uninterrupted trading
- Strategy (EA) Builder is available
- One-click trading
- Trading bots (EAs) allowed
- No access to cTrader and its advanced tools.
- No TradingView integration
- No access to API
Supported trading platforms
FreshForex supports the following trading platforms: MT4, MT5, WebTrader. This selection covers the basic needs of most retail traders. We also compared FreshForex’s platform availability with that of top competitors to assess its relative market position.
FreshForex Trading.com Plus500 MT4 YesNoNoMT5 YesYesNocTrader NoNoNoTradingView NoYesYesProprietary platform NoYesYesNinjaTrader NoNoNoWebTrader YesYesYesKey FreshForex’s trading platform features
We also evaluated whether FreshForex offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features 2FA YesAlerts YesTrading bots (EAs) YesOne-click trading YesScalping YesSupported indicators 68 Tradable assets 270 Additional trading tools
FreshForex offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
FreshForex trading tools vs competitors FreshForex Trading.com Plus500 Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making. NoYesNoAPI NoNoNoFree VPS YesNoNoStrategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills. YesNoNoAutochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels. YesNoNo -
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 /10FreshForex supports mobile trading, offering dedicated apps for both iOS and Android. FreshForex received 2/10 in this section, which suggests limited user interest or weak performance of the apps.
- User-friendly interface
- Weak user feedback on Android
We compared FreshForex with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
FreshForex Trading.com Plus500 Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms. 0,00 50,000 10,000,000 App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience. 4.8 4.7 Google Play score 0 4.7 4.4 Mob. 2FA NoYesYesMob. Indicators NoYesYesMob. Alerts NoYesYes -
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 /10Customer support at FreshForex is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. FreshForex provides basic support functionality but does not stand out in overall service performance.
InformationCustomer service of the broker is ready to consult and help traders around the clock 5 days a week.
- There are online chat and telephone support
- Multi-Language support
- Real people in the chat, not bots
- Does not work on weekends
You can contact customer service in several ways:
- by telephone numbers, indicated at the site;
- in an online chat at the broker’s site;
- using the contact form in the Client area;
- by email.
Contacts Foundation date 2004 Registration address St. Vincent and the Grenadines, Kingstown, Beachmont, P.O. Box 1510, Suite 305, Griffith Corporate Centre Official site freshforex.com Contacts info@freshforex.com +442070992124
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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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