Freshforex reviews
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Risk warning: investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.G. Contracts for difference (“cfds”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.
Cfds and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.
When trading in stocks your capital is at risk.
Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.
Freshforex review
This broker was not featured in our 2021 broker review audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.
We review all brokers to a strict and unique methodology, to ensure that we only promote high quality brands that you can trust. This methodology considers over 200 criteria points, covering the categories of safety, fees, platforms, products, payments and customer support. All brokers are then given a score out of 100. We update this methodology and our recommended reviews yearly, so that you’re only given up to date information.
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Whether you need a new place to crash to make your financial trades, or you are a beginner in forex market, you will have to be patient and attentive till you find the right choice to make. Choosing a forex broker, of course, is never easy or should be fast. On the contrary – finely take a look at many options, consider different reviews, compare and test till you can be 101% sure that you have come upon the right financial trading platform. Speaking of reviews and proper forex websites, a forex broker page review is about to be presented by our well-trained and professionally educated team. Check out our detailed and comprehensive top-notched freshforex review now. See if this is that kind of a broker you have been recently looking for!
Freshforex broker – preliminary first view of the broker
Freshforex is a typical forex broker that has been on the market for more than 10 years. With more than a decade of rich experience, this platform has been considered to be equally suitable for both – beginners in the field and more advanced traders, who need more options and features to choose from and to enjoy. Freshforex is owned by a reputable and well-known company that has been also part of the financial services world for many years – ristal capital. This is a typical big russian company with significant influence on forex world in its country. However, freshforex is also very popular among the whole european union and recently – the world – too, because it has succeeded to prove its finest reputation and reliability. Mainly, the trustworthy nature behind freshforex website comes from the main broker`s regulation – strict program that is provided by russian national financial regulator CRFIN. But if you think that personal data protection and financial transparency is an easy thing to be hold only by a single agency, you are wrong. And freshforex chiefs understand this at a full value. This is why the broker has an additional regulation body that handles the disputes and the penalties in case of omissions – KROUFR is that extra regulating support.
Freshforex – financial trading features
Freshforex is a customer-friendly website with numerous trading features. It is especially simple to be used and helpful to beginners, because it has a whole education center with free lessons and tutorials to offer. The broker offers the three main currencies for account management – EUR, USD and RRB. It has personal manager option, good opportunities for urgent telephone trading, as well as fine environment for scalping and hedging. There are stocks, commodities, foreign currency pairs and indices to make trades with. The payout is averagely high – above 87%. The spreads are various, but the USD/EUR pip is really satisfying. The margin call level is about 15% and the automated trading system is always allowed to be offered.
Freshforex account types
What is typical for freshforex broker is that it has numerous types of trading accounts. See them all now:
- Islamic account for all muslim traders from all over the world, if their countries allow forex activity
- Demo account for people, who need to test the platform in advance or their personal skills and new knowledge
- Standard account type with small minimum deposit requirement and fast registration
- ECN account with spreads from 0 pips
- Partner account for all traders, who prefer to make trades together and to share the risk
Freshforex payment methods
The first thing you need to do on the website is to make a registration, where the main question you`ll be asked is how you`ll manage your finances. Or what the payment methods at the website are. They are offered for both – withdrawals and deposits:
- Credit and debit card
- China unionpay
- Okpay
- Neteller
- Webmoney
- Wallet one
- Skrill moneybookers
- Fasapay
- Bank wire transfer
- Cash point
Freshforex trading platform
Trading on freshforex website is very easy and pleasant because of its great trading platform. The website is using metatrader 4 – the real leader among all of the web-based platforms in the world. Also, the broker does have a mobile version, so if you want to make trades on the go, simply use your mobile device browser to type the name of the website and to make trades anywhere and anytime.
Freshforex customer support services
Do not hesitate to ask a question, name an inquiry or get additional information from freshforex kind and polite customer support representatives. The customer support of this broker is available for you 5 days per week (without weekends) and from 10 to 19 o-clock local russian time. Communication is via e-mail, phone call or online live chat. Feel free to use one of these languages: russian, english, german, chinese, arabic, italian and many more.
Screenshots
Freshforex bonus system
Last, but not least, find out the special offers and promotions freshforex is generous enough to offer to its audience now. See the currently available bonuses at the website:
- 50% forex rebate bonus on any $5 trade
- 36% pet annum promotion that offers you the most exclusive interest rates
- Change your current broker and switch to freshforex and you will get a welcome bonus of 50% of your first deposit. The more you deposit, the more you will get as a bonus!
- 35% deposit bonus on each of your next deposits
- Double deposit bonus with special rules you should check out on the website! Read them once you have an official forex trading account and have the best bonus ever!
Freshforex is a fantastic opportunity to receive cool bonuses, to be invited in a really client-friendly forex environment and to share your experience with traders like from all over the world. The broker is reliable and interesting, so do not miss it out!
Have a look at our top rated forex brokers in your country:
Freshforex review
Minimum deposit
Bonus
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US clients
This broker is not recommended!
Topforexbrokers.Net team does not trust this broker and advises you not to sign up with it.
Looking for some fres broker in the forex world? Looking at the web page of freshforex broker and have no idea if it is worth going for? Our full freshforex review will certainly help you to get the right answer for your question! So get ready and read full freshforex review below!
Freshforex forex broker at a glance
Freshforex broker is owned by riston capital LTD, which is located in st. Vincent and the grenadines. Even though, the broker of this review is named freshforex, it began to work with financial services in 2004, which is more than 10 years ago, so it is fresh but not new. Freshforex review found out that both licences were received by this broker in 2012. Also, it is interesting that one of the licences is registered to russian address, so even though broker is located in the grenadines, it has russian roots, which you should know.
Freshforex forex trading broker accounts overview
At the time of freshforex review, there were three main account types available: classic, market pro and ECN. None of the accounts has minimum deposit requirement, but every account type has recommended deposit requirements. Also, every account can be made swap-free, but it will cost you at least 5 USD per every lot traded. In terms of services, it has been found out by the freshforex review, that classic account falls short type of order execution, which is in instant mode in contrast to market execution mode of the other account types. Furthermore, the lowest spread on classic account is 2 pips, on market pro account is 0.9 pips and on ECN account spreads start from 0 pips.
Also, you have to remember that CFD’s on stocks are available only on classic account, so if you are in the market for this you have to choose classic account type. Furthermore, market pro and ECN accounts provide you with leverage of 1:500 in contrast to 1:1000 that is available at classic account. Top forex brokers highlights that during freshforex review, the amount of bonuses available for classic account type was higher than to market pro accounts and ECN accounts were not eligible for any promotions.
It is possible to have multiply accounts from freshforex and you can get them without any problems! Also, this forex broker allows to open muslim and PAMM accounts if you want to. What is even more interesting – you can make muslim account swap free!
Freshforex reviews of trading platforms
Freshforexallows you to trade only on metatrader4 trading platform. But, this platform is available not only for your PC or mac but also for your android and ios devices. So if you are fan of mobile trading – you can certainly do it using freshforex.
The interesting offer that has been found out by freshforex review is its VPS. As broker claims, you can get a VPS services for your meta trader 4 platform, and what is even more interesting – it won’t cost you a dime. For sure, you will have to meet some trading volume levels, but getting free VPS services is great opportunity!
Freshforex review of education
If you are new to forex, you will certainly want to get more knowledge about currency trading. This is where freshforex will certainly help you. The broker created interactive educational course called “the trader’s path”.
The path consists of 7 steps that should guide you through forex world and give you tools for becoming a professional. Each step has its own true goal and false goal that should show to every trader what should be done and what should not be done in the forex at this stage.
Freshforex reviews of customer support
Freshforex allows you to contact them 24 hours per day 5 days per week using their online chat option. Also, you can write them an email. Their support speaks russian, english, chinese and turkish, so you can find common language with them. Fresforex review finds out to be interesting the opportunity to go directly to the office of freshforex, since their moscow address is displayed on the contact us page. So if you are in russia and want to trade with freshforex pay them a visit and tell us how it was.
Freshforex deposit and withdrawal
This broker allows you to fund your account through plastic cards, main e-payment methods and wire transfers. Also, the same methods can be used for withdrawals. Freshforex review found out that your funds can be either is USD, EUR or russian rubles in order to fund your account.
Freshforex review conclusion
Freshforex is a broker that tries to meet needs of starting and professional traders at the same time. Also, it has interesting and unusual set of preferred currencies that you can use, since there is no GBP but there is RUB instead. Furthermore, broker allows you to come to their office if you have any questions or problem, which is a great opportunity for every forex trader.
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Freshforex.Com review 2020 –is freshforex legit or A scam?
You are welcome to mitrobe network freshforex.Com review. In this comprehensive guide, I am going to let you know if freshforex is a scam or legit forex MLM company.
Freshforex.Com review 2020 –is freshforex legit or A scam?
Freshforex is an online forex broker launched in 2008 and which offers services ranging from forex trading down to share dealing trading, CFD trading and social trading.
With its head office in russia, freshforex has strongly established itself as a global broker with a notable profile touting the broker as having attracted more than 10,000 traders.
In this article, you’ll find out useful information about freshforex including the advantages and disadvantages of trading with the forex broker.
How to register with freshforex
To get started as a forex trader on freshforex, you’ll have to sign up for an account. Provide the sign-up information required of you so that you can get login details via your email. Subsequently, submit your identification documents so that the account can get validated. Finally, deposit fund in the account and download your preferred trading platform to get started.
What are the pros of freshforex?
Versatile language support –courtesy of its support for multiple languages, freshforex makes it possible for traders to select the (official) language(s) they understand most, hence helping them to better understand how the trading platform works. Advantageously, freshforex supports a decent number of languages including english, french, spanish, portuguese, italian, arabic, russian, hebrew, hindi, slovenian, polish, romanian, german, chinese and czech.
Excellent customer support –this, of course, is one of freshforex’s advantages over several other forex brokers. Freshforex therefore provides customers with email support, the option of phone conversation and a live chat. All of these support features combine to give the traders on freshforex a real shot at lodging their complaints easily and getting them resolved in time.
Variety in the account types offered –freshforex paves the way for its users to conveniently choose the account type(s) they deem suitable depending on their trading experience, goals and expectations. For instance, somebody without sufficient background knowledge of freshforex may first opt for the demo account. This way, such a person is very likely to have a better feel of how freshforex works before making any funding payment. Obviously, freshforex’s demo account is likely your surest bet if you’re willing to first learn how trading is done on freshforex. In addition to the demo account (which is clearly freshforex’s practice account), below are the other trading accounts offered by freshforex:
- Mini account
- STP account
- Standard account
- Islamic account
- ECN account
It offers a broad range of trading instruments –with freshforex, traders are at liberty of trading a broad array of instruments, reported to be as many as 116 instruments.
Fresh forex reviews and user ratings
Fresh forex special bonus
Fresh forex general information
Description
Fresh forex background
Freshforex is an online forex broker which provides functional, effective and adequate forex trading platform for a wide trade of forex instruments including forex, commodities, futures, precious metals, indices, stocks, and cfds. Establish in russia, the brokerage firm has been in business since the year 2004 and regulated by a safe regulatory agency. Aside from having more than 13 years of experience on forex trading, freshforex is known for its reliability and effective customer service quality offers the optimum security of traders information and data, provides licensed liquidity and supplies an easy medium of fund withdrawal and deposit options which takes a maximum of ten minutes.
FEATURES OF FRESHFOREX FOREX BROKER
FOREX TRADING PLATFORMS
There is a wide range of forex trading platforms provided by freshforex that effectively open, close and execute forex trades of all trading instruments provided. These online trading platforms are known to automatically carry out trade orders based on predefined trading rules, guidelines and strict adhesion to different forex trading strategies provided by the forex trader. They are used to trade various forex instruments like commodities, futures, precious metals, indices, stocks and cfds and include
METATRADER 4 FOREX TRADING PLATFORM
This is an approved online forex trading platform that includes an MT4 terminal with good functionality and usability. Forex traders make use of the metatrader 4 trading platform to work on the financial market, forex, cfds, commodities, stocks, and futures. This trading platform is used to trade forex, engages in analyzing financial instruments, provides important forex news, provides real-time forex quotes and lot more. As a full cycle forex trading platform, MT4 offers click-office constituents and front-end terminals, well-structured interface, and an automated forex trading system for every developed forex trading strategies. MT4 trading platform can be freely downloaded on various trading devices which include:
A metatrader 4 for personal computers and linux with the following characteristics
- Adequate for trading a good number of forex instruments like cfds, futures, commodity, and forex.
- Provides a trading system that works with 9 timeframes.
- Availability of a forex market execution mode.
- Provides security and confidentiality of all known transactions.
- Supply forex traders with an unlimited number of charting tools.
- Provides a wide range of technical indicators with drawing tools and liner instruments.
- Availability of an expert advisor, custom indicators, and forex scripts.
- Provides a facility for real-time data export through DDE protocol.
- Contains a built-in metaquote 4 language.
- Provides forex traders with system and trading actions forex signals.
- Provides effective communication my offering a multilingual interface to forex traders.
- Contains a built-in email and chart prints.
A metatrader 4 for macos with the following characteristics
- Availability of 85 in-built technical indicators.
- Provides a medium for direct deposit from the platform.
- Provides a safe and secure trading for forex traders.
- Contains superior forex market charts and a free demo account.
- Provides a multilingual interface for forex traders.
A metatrader 4 for iphones, and androids with the following characteristics
- Provides forex traders with the possibility of trading forex from anyplace.
- Can be used to trade forex instruments like cfds, commodities, and futures.
- Provides more than 30 technical indicators used to trade forex.
- Execute all forms of trade orders.
- Supplies forex traders with full information about their trading account balance.
- Includes a multilingual interface.
- Provides online quotes for financial instruments
METATRADER 5 FOREX TRADING PLATFORM
This is an online forex trading platform provided by freshforex and conveys a convenient online trading of forex instruments like commodities, futures, precious metals, indices, stocks, and cfds. It contains a user-friendly trading interface with many functions and technical tools that facilitate forex trades. This forex trading platform provides parameters used to view charts, carry out chart trading, provides forex news, updates on trading events, analyze the forex market, contains tools used for observing market transactions, develop trading strategies and execute forex traders in a one-click. MT4 has multi-currency and multi-language support which counts for its effectiveness, reliability, and security. It is very compatible with mobile phones, android phones, iphone, personal computers and linux.
DEMO TRADING ACCOUNT
Demo trading accounts are offed to forex traders by freshforex. Most traders use this account type to practice and hone their forex trading skills with virtual money thereby operating in a risk-free trading environment. The knowledge of trading using a demo account gives forex traders the ability to become more familiar with various trading format and strategies. This medium of forex trading gives forex traders an insight of how the forex market functions, get acquainted with price fluctuations and movements and help forex traders develop new and functional forex trading strategy.
REGULATIONS
As an online forex trading service provider, freshforex is strictly regulated by CRFIN (center for regulation in OCT financial instruments and technologies). This regulatory agency/ body functions as an authority that controls the financial market by providing regulations, rules, and guidelines and sees that the set rules are followed by forex brokers. Being a member of this regulatory body, freshforex provides effective protection and security to its clients by encrypting person data and information provided by the forex trader.
BONUSES AND DISCOUNTS
Freshforex offers bonuses and discounts in form of promotions for both new and existing forex traders. Most bonuses are given for trading supports in case of a drawdown and comes as a saving grace when forex traders encounter losing trades. All forms of bonuses provided by this forex broker are seen as different means of increasing trading volumes and include rebates, interest rates on free funds, special bonus, bonuses for drawdown, deposit bonuses and much more. Suitable examples include:
- A tradable bonus of 101 percent used to increase a forex trading volume when a deep drawdown is encountered by forex traders.
- Deposit without commission bonus where all amount deposited is credited directly into the forex trader’s account without an expected fee charge.
- A cashback forex bonus that gives forex traders an insured trade.
- Golden words promotion where forex traders can get bonuses just by communicating and trading in their real account self-funds.
EDUCATION
This brokerage firm offers forex trading courses for beginners. There is an availability of consistent and intuitive online course navigation that gives forex traders the ability to easy read and move through provided trading lessons. These education tutorial are arranged from simple to complex trading issues while discussing the practical aspect of forex trading. It eliminates forex trading confusions and difficulties while following a designed and structured path of learning forex trading. Examples of forex trading tutorials include
- Introduction to the forex trading market.
- How to predict various price movements in trading instruments.
- What is needed for a profitable forex trading?
- Various forex trading systems that lead to success.
DEPOSIT AND WITHDRAWAL OPTIONS
As an online forex trading service firm, freshforex provides an easy, effective and adequate deposit and withdrawal option which is performed almost instantaneously upon traders demand or take a maximum of 2 to 3 working days when using other options. Examples of available withdrawal and deposit options include credit cards, debit cards, bank wire transfer, webmoney, skrill, fasapay, RBK money.
FOREX TRADING TOOLS AND INSTRUMENTS
A good number of forex trading instruments are being traded with the platforms made available by freshforex. These instruments include forex, commodities, futures, precious metals, indices, stocks, and cfds. Also, there is a wide range of available trading tools that aid in the successful trade of these instruments. They are:
- FOREX ECONOMIC CALENDAR
This forex trading tool helps forex traders to stay informed on the most recent financial news that are major factors that lead to a sharp turn of events in the forex market. With the functions of an economic calendar, forex traders filter forex market events in accordance to their importance by selecting a specific country in correlation with time intervals. An economic calendar contains information regarding various events that affect the forex market and gives forex traders the ability to understand the laws of trading and generating profitable strategies.
- TECHNICAL INDICATORS
Forex trading technical indicators are essential trading tools provided by freshforex which help forex traders to analyze the financial market in search for market fluctuations and movements. Technical indicators are in the form of charting tools, drawing options, and graphs.
The basic features of freshforex forex broker include hedging, scalping, margin interest rates, trailing stops, web-based trading, pending orders, one-click execution, mobile trading, automated trading, availability of an islamic account, swaps, segregated accounts, affiliate programs, trading contest, and PAMM.
Conclusion
In conclusion, freshforex provides unique forex trading platforms in form of MT4 and MT5 which has the advantage of being hassle-free, easy to use, and remarkable capabilities that develops a positive trading experience. Aside from the MT4 and MT5 platform, freshforex also offers a metatrader 4 terminal made available on personal computers, iphone and android phones. This feature gives forex traders the ability to access forex trading accounts from their mobile phones. As a forex trading service provider, freshforex provides forex traders with various account types made available on the website. An ECN forex trading account gives forex traders the ability to perform instant trade execution on the interbank market while a swap free which gives forex traders the ability to trade forex without any known interest. Being an online forex broker, freshforex provides easy deposit and withdrawal options through a wide range of options and consecutively provides high forex trading services at all times.
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Keep updated with our round the clock and in-depth cryptocurrency news.
Risk warning: investing in digital currencies, stocks, shares and other securities, commodities, currencies and other derivative investment products (e.G. Contracts for difference (“cfds”) is speculative and carries a high level of risk. Each investment is unique and involves unique risks.
Cfds and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance does not guarantee future results. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Your capital is at risk.
When trading in stocks your capital is at risk.
Past performance is not an indication of future results. Trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. Prices may go down as well as up, prices can fluctuate widely, you may be exposed to currency exchange rate fluctuations and you may lose all of or more than the amount you invest. Investing is not suitable for everyone; ensure that you have fully understood the risks and legalities involved. If you are unsure, seek independent financial, legal, tax and/or accounting advice. This website does not provide investment, financial, legal, tax or accounting advice. Some links are affiliate links. For more information please read our full risk warning and disclaimer.
#1 freshforex review
| company info: | |
| name | freshforex |
| website | freshforex.Com |
| foundation year | 2004 |
| regulation | |
| regulated by | SVGFSA |
| trading conditions: | |
| min. Deposit | 1 $ |
| leverage | 1:1, 10:1, 100:1, 500:1, 1000:1 |
| trade lot | 0.01, 0.1, 1 |
| digits after the dot | 4, 5 |
| spread type | fixed, variable |
| trading instruments | forex, metals, indices, stocks, commodities, cfds |
| payment methods: | |
| credit card, wire transfer, paypal, skrill, webmoney, yandex.Money | |
| other features: | |
| accept US traders | |
| PAMM | |
| MT5 | |
| mobile trading | |
| web-based trading | |
| affiliate program | |
| VPS | |
| profitf BONUS: | |
#1 freshforex review (detailed info):
Freshforex is a russian company founded in 2004, as today they are one of the top forex brokers at the market.Freshforex is regulated by SVGFSA. Financial services is provided by riston capital LTD. They do not service members from estonia, iraq, latvia, north korea, the UK and the USA.
Freshforex offers:
They do not have minimum amount for deposit, but they recommended to start trading with minimum $200.You can deposit with payments options such as paypal, webmoney, skrill, fasapay, bank wire, as you can create trading account in different currencies such as euro, russian rouble, united states dollar and other. The minimum trade lot size is 0.01 and you can use maximum of 1:500 leverage.
Freshforex spreads are fixed and variable depends what account you will use.They provide to their clients metatrader 4 for trading, as you can trade also with your mobile. The scalping trading are allowed, you can use also expert advisors, trailing stop, pending orders, you can trade hedging with one-click with overnight interest rates (swaps).
If you open account in freshforex, you will receive forex analysis, financial news, fresh trading forecasts, fundamental analysis and many other important things about forex trading. They offer also demo account for beginners, this is the perfect way to test the services of freshforex. They have a lot of promotions and bonuses such as refer a friend, double your deposit, low spreads, spreads in half and many other.
They offer two forex trading conditions, so you must choose what type of account will be comfortable for you!
Freshforex – review of account types:
Freshforex review
Freshforex is a well-established broker since 2004. Freshforex has headquarters in russian federation and saint vincent and grenadines. They are generally well-suited for freshforex to provide their forex/CFD trading services to global clients.
This broker has also been regulated by FSA (st. Vincent & grenadines) 20623 IBC 2012. Simple yet detailed information upon this broker can be seen below.
Company information
Country
russian federation and saint vincent and grenadines
Regulation
FSA (st. Vincent & the grenadines) 20623 IBC 2012
Features
Interest rate on funds
Trading by telephone
Islamic accounts available
Account information
This broker offers classic, market pro and ECN. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by freshforex is up to 1:2000. Meanwhile, you can open an account with a starting capital of $200
If you want to look for further information about this broker's offered account(s), please take a look at the list below.
Minimum deposit $200
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, freshforex also offers some instruments you would like to trade on, such as forex and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Minimum deposit $400
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, freshforex also offers some instruments you would like to trade on, such as forex and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Minimum deposit $2000
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, freshforex also offers some instruments you would like to trade on, such as forex for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Payment methods
Bitcoin : as a payment method, bitcoin is reliable for its low cost and quick process. Brokers have been integrating bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.
Fasapay : known as an e-payment for retail forex traders, fasapay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Neteller : like paypal, neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept neteller as a payment method for their clients' fund deposit and withdrawal. Although the neteller system is available almost all over the world, it remains particularly popular in europe.
QIWI : qiwi is an e-wallet or electronic payment service provider from rusia that is introduced in 2007. The service is mainly used by individuals and businesses in russia, ukraine, kazakhstan, moldova, belarus, romania, the US, and the UAE.
Skrill : mostly, all forex brokers provide skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a skrill e-wallet account.
Webmoney : webmoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept webmoney today. Like other online payment services today, webmoney is supported by mobile applications to make transactions more efficient.
Wire transfer : wire transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Freshforex also provides payment with advcash, credit/debit cards, easypay, mobile network operators, perfect money, RBK money and yandex.Money
Trading platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, freshforex offers you metatrader 4 (limited with 90 days of inactivity) and metatrader 5 (limited with 90 days of inactivity).
Customer support
Do you have any question or find any trouble related to freshforex? If you do, you should reach freshforex's support to get the information that you need. Here is the detail of the broker's customer support:
Freshforex review
Minimum deposit
Bonus
Maximum leverage
Year founded
Regulation
Trading platform
Freshforex, the trading company of riston capital ltd, was started in 2004 and is located in st. Vincent and the grenadines. It’s clear that this company has a long history but not everything that has been around for a long time can be trusted and is worth your time. We’re here to answer the question can freshforex be trusted?
Freshforex regulation
Regulation is an important criterion for any broker you’re considering. Whether you’re a beginner or a seasoned trader, it’s essential that any broker you are seriously thinking about investing with is regulated so that if anything goes wrong, you are covered and can be compensated.
Unfortunately, freshforex is not regulated by the financial authority in st. Vincent and the grenadines. This alone is a serious red flag and should be the reason for you to cross freshforex off your list of possible brokers.
Freshforex customer support
To get in touch with freshforex, you can either use the live chat, call, email or use the online form.
We like to see brokers with multiple communication channels and we applaud freshforex for doing this but the customer service itself is dismal. It appears freshforex opinions of you and its other clients are that you all are nothing more than a way to earn money and not actual people with lives, families, hopes, and dreams.
The freshforex team has proven itself a poor excuse for a forex broker. How it has managed to remain in business for this long is quite shocking. A simple search reveals a plethora of negative freshforex reviews from traders who have been flat out robbed of their deposits and profits by this fraud broker.
Freshforex accounts
Freshforex offers three types of accounts:
- Classic
- Market pro
- ECN
None of these three accounts have a minimum deposit, however, freshforex does have a recommended minimum deposit, which can only be seen as a marketing ploy. Each account also uses a market execution for its order execution. There is no minimum order size nor are there any maximum total volumes. There are also market swap rollovers for each account and a 50% margin hedge and expert advisors available for each account as well.
Classic account
This account grants you access to both the MT4 and MT5 platforms. There’s a leverage o1:25 – 1:1000 which requires a margin of 0.1%. This account has fixed spreads which start from 2p with the same minimum limit and stop level. The maximum order size is 20 lots with the maximum being 100 lots. No commission is available with the exception of cfds on the investment portfolio and corporate stocks.
Market pro
This account only has the MT4 platform available. It’s recommended minimum deposit is $400 and its leverage is 1:25-1:500. Floating spreads starting from 0.9p.. There’s no minimum limit or stop level and the maximum order size is 100 lots. No commissions are available except for investment portfolios.
ECN account
MT4 and MT5 platforms are available for this account. The recommended minimum deposit is $2000 and the leverage is the same as the market pro account, 1:25-:1:500. This account has the lowest spreads which start from p and there’s no minimum limit or stop level. Trading inside the spread is also allowed. The maximum order size is 10,000 lots and commission starts at 0.003% per contract.
Freshforex bonus
One of the ways many brokers attract new clients is through the use of bonuses as well as competitions and offers. The freshforex scam is no different and has multiple offers as a way to attract new, unsuspecting clients, and retain some of their current clientele.
As of the writing of this interview, freshforex has six different promotions going on. The most notable one being the pushup bonus of $200 which has the image of a women’s bra filled with cash. How you feel about that is up to you.
In regards to the bonus, it is a no deposit welcome bonus that is offered on to new clients. No deposit bonuses are a great way to help you start trading, however, the case with many brokers is that it comes with some ridiculous terms. So even if you do make a profit, you have a trade an extremely high volume in order to do any form of withdrawal. This is undoubtedly the case with freshforex as many traders have shared their experiences on forums across the web.
Freshforex platforms
The metatrader platform is well known throughout the online trading world and is used by all types of brokers. While many only employ the MT4 platform, freshforex surprisingly offered the more complex and less popular MT5 platform. On the surface, this may seem to make freshforex legit. After all, both of these are highly respected platforms.
However, simply because freshforex offers both of these platforms is no reason to ignore the red flags that show up whenever you look into this broker. Metatrader platforms are popular and quite easy to access which is why untrustworthy brokers, as well as the revered and trusted ones, use them.
Freshforex review conclusion
There are many attractive things about freshforex, the well-designed website, generous no deposit bonus, multiple trading platforms and even the false positive online reviews.
However, when you look beyond that, you see the true freshforex fraud. It is a broker that only out to line its owners’ pockets and empty yours. For your sanity and the safety of your money, we advise you steer clear of freshforex.
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Contents
- Top forex bonus list
- Brokers
- Freshforex review
- Brokers available in united kingdom
- Freshforex broker – preliminary first view of the broker
- Freshforex – financial trading features
- Freshforex account types
- Freshforex payment methods
- Freshforex trading platform
- Freshforex customer support services
- Freshforex bonus system
- Freshforex review
- Freshforex forex broker at a glance
- Freshforex forex trading broker accounts overview
- Freshforex reviews of trading platforms
- Freshforex review of education
- Freshforex reviews of customer support
- Freshforex deposit and withdrawal
- Freshforex review conclusion
- Freshforex.Com review 2020 –is freshforex legit or A scam?
- Freshforex.Com review 2020 –is freshforex legit or A scam?
- How to register with freshforex
- What are the pros of freshforex?
- Fresh forex reviews and user ratings
- Fresh forex special bonus
- Fresh forex general information
- Description
- Brokers
- #1 freshforex review
- Freshforex review
- Company information
- Features
- Account information
- Instruments traded
- Instruments traded
- Instruments traded
- Payment methods
- Trading platforms
- Customer support
- Freshforex review
- Freshforex regulation
- Freshforex customer support
- Freshforex accounts
- Freshforex bonus
- Freshforex platforms
- Freshforex review conclusion
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