FreshForex Review 2025

Highlights of FreshForex

Spread fromEURUSD0pips

Trading Assets

Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency

Trading Platforms

MetaTrader 4 MetaTrader 5

4.1/5

More DetailsRegisterTrading CFDs carries high risks. You may lose all invested funds

About FreshForex

Founded in 2003

Countries of registration:

Regulators:

SVGFSA

4.1/5

More Details

RegisterTrading CFDs carries high risks. You may lose all invested funds

Countries of registration:

Regulators:

SVGFSA

Trading Assets

Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency

Trading Platforms

MetaTrader 4MetaTrader 5

compare FreshForex trading accounts

FreshForex is a broker with extensive experience in the market since 2004, establishing itself as a stable and reliable partner.

The broker offers a variety of trading accounts to meet the needs of different categories of traders, including accounts with fixed and floating spreads, as well as market execution. An additional advantage is the extensive range of educational materials and analytics, beneficial for both beginners and experienced traders.

Pros and Cons of FreshForex

FreshForex reviews

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FreshForex Broker Overview

FreshForex was founded in 2004 and provides online trading services on international financial markets. It offers trading in currency pairs, contracts for difference (CFDs) on stocks, indices, commodities, precious metals, and cryptocurrencies. Customers have access to various account types, including ECN, cent, and swap-free accounts, with leverage up to 1:2000 and spreads from 0 pips.

FreshForex caters to a wide range of traders, from beginners to professionals, and offers analytics, educational materials, and bonus programs for active clients. The broker operates under the brand name Riston Capital Ltd, registered in Saint Vincent and the Grenadines, and serves clients from around the world.

FreshForex Review Summary

In our FreshForex broker review, we apply a meticulously developed methodology to give you the most objective and comprehensive analysis. This methodology includes a set of critical criteria and indicators that help assess the reliability and effectiveness of the broker. You can familiarize yourself with our broker evaluation methodology to better understand how we form our conclusions. Continue reading to learn more about what makes FreshForex unique and suitable for your trading needs.

Legal Entity	Regulator
Riston Capital LTD Riston Capital LTD	SVGFSA SVGFSA

FreshForex operates under the brand name of Riston Capital Ltd, registered in Saint Vincent and the Grenadines. This jurisdiction does not have strict requirements for regulating brokerage activities and does not provide a high level of protection for investors' interests. The company does not have licenses from reputable financial regulators such as the FCA (UK), CySEC (Cyprus), or ASIC (Australia).

The lack of regulation in countries with developed financial systems means that FreshForex clients face increased risks related to the security of their funds and legal protection. When choosing this broker, it is important to take these circumstances into account and approach working with them with particular caution.

The account opening process at the FreshForex broker is relatively standard. It includes several steps: registering a personal account, filling in contact details, and confirming registration with a code sent to your email and phone. After that, the client can open a trading or demo account.

Registration

The process of opening an account with FreshForex begins with filling out an online form on the broker's website. You need to provide your personal details, contact information, and select the type of trading account. Registration is quick and usually takes a few minutes.

Verification

The verification process at the FreshForex broker consists of three main stages:

1. Completing a questionnaire in the personal account. The trader must log into their account on the official FreshForex website and carefully fill out the provided questionnaire. The questionnaire requires details such as date of birth, passport information, issuing authority, issue date, and complete residential address.

2. Submitting documents. After completing the application form, the stage of uploading documents follows. It is important to make sure that the photos taken of the documents are clear and that all data on them are legible. Any blurry images can slow down or even halt the verification process. After uploading all necessary documents, the trader should submit them for review by clicking the appropriate button.

3. Awaiting decision. After submitting all documents for review, the trader only needs to wait for a response from the company's manager. The review time can vary, but the response usually comes within three hours if the application is submitted during working hours (from 7:00 to 16:00 MSK).

Verification at FreshForex is a standard procedure to confirm the client's identity.

Minimum Deposit

One of the attractive features of FreshForex is the low deposit of only $25. This makes the company accessible to traders with different capital levels, including beginners who may not be ready to invest large sums of money.

Trading Account Currencies

One of the following options can be selected as the deposit currency at FreshForex:

• US Dollar (USD)

• US cents (USC)

• Euro (EUR)

• Russian Ruble (RUB)

• Kazakh Tenge (KZT)

• South African Rand (ZAR)

• Nigerian Naira (NGN)

• Malaysian Ringgit (MYR)

• Tanzanian shilling (TZS)

You can fund your accounts in cryptocurrencies:

• MilliBitcoin (MBT)

• Ethereum (ETH)

• Litecoin (LTC)

• Ripple (XRP)

• Bitcoin Cash (BCH)

• Binance Coin (BNB)

• Cardano (ADA)

This choice of currencies gives traders flexibility in managing their funds and allows them to choose the most convenient option for them.

FreshForex offers a variety of trading account types, which can meet the needs of different categories of traders. From classic accounts for beginners to ECN accounts for experienced traders, each has features such as leverage size, quote precision, spread magnitude, and order execution time.

The accounts cover the needs of most traders, but the lack of options for passive investing, such as PAMM accounts or copy trading, limits opportunities for some investors.

Trading Accounts

FreshForex clients have access to three types of accounts (excluding cent accounts), with no mandatory minimum deposit requirement. The differences lie in the sizes of leverage, quote precision, spread magnitude, order execution time, and the maximum volume of a single order.

• For beginners, the Classic account type with standard 4-digit quoting and MarketExecution order execution mode would be the optimal choice.

• The Market Pro account, which employs SmartBridgeTechnology for hedging currency risks, is more suitable for more advanced traders.

• The ECN account type offers the lowest spreads from 0 pips with an order execution speed of 0.05 seconds, but in this case, there is a commission of 0.003% per transaction.

Goldman Premium Club

Each client who deposits more than $10,000 (minus withdrawals) within one month receives a GoldMan card and VIP status for one month. To extend the VIP status, a balance of more than $10,000 must be maintained at the end of the month.

The advantages of the "GoldMan" club include commission-free deposit and withdrawal of funds, up to 48% annual interest on free funds (depending on the trading volume), the ability to trade by phone, and no restrictions on the number of lots and volumes of transactions. A free FreshForex MasterCard is also provided.

Demo Account

If you are not yet confident in your abilities and want to try out your trading knowledge without spending personal funds, then a demo account from FreshForex is the best way to do this. The conditions for working on it are no different from real accounts; only there is no need to replenish the deposit.

You can open an account for training purposes right from the main page of the website, by default its deposit will be equal to 5 thousand virtual dollars. But you can change this figure to the amount you plan to start with on a real account; then, it will be easier to switch to actual trading.

Islamic Account

FreshForex offers a particular type of account known as Swap Free or Islamic Account. This account is designed for those who follow Islamic financing laws and want to trade without the accrual or write-off of swaps.

The Swap Free service is available for various trading accounts, including Classic, Market Pro, ECN, Classic.Cent, and Pro.Cent, but does not apply to CFDs on stocks and cryptocurrencies. The client can connect the service independently when opening an account, and for the rollover of open positions to the next day, a commission is charged instead of swaps.

The connection process is simple and convenient: open a trading account and select the "Swap Free" option. This allows traders to trade successfully while adhering to their religious beliefs without paying swap fees.

VPS Server

FreshForex offers its clients the opportunity to rent a VPS server, which can be particularly beneficial for those who use automated trading systems and want to ensure the continuous operation of their strategies. The broker offers a free 24-hour trial period so clients can appreciate the advantages of this service.

However, it should be noted that the broker's website does not specify the exact VPS parameters, such as the amount of RAM, processor, etc., which may be necessary for some traders.

VPS server rental rate table:

These rates make the service affordable for various categories of traders, and the discounts for long-term rental make the offer even more attractive.

Trading commissions at FreshForex are above average, but the absence of inactivity or deposit/withdrawal fees is an attractive aspect of this broker.

Trade Commission

On the ECN account at FreshForex, the commission is 0.003% per lot, which can be considered average in the market. However, for some major currency pairs, such as USDCHF, AUDUSD, and USDCAD, the commission increases to 0.0045% (which is above average). This can affect the overall cost of trading, especially for those who trade in large volumes.

Below is the commission per lot for the EURUSD pair at different Forex brokers:

Spreads and Swaps

As for spreads and swaps, they are also above the average market level.

Below is a table of the average spread and swaps for major currency pairs for the Market Pro account.

CashBack

FreshForex offers a unique "Cashback" service, which allows clients to insure their trades and earn additional profit. This service provides an opportunity to get a rebate of up to $20 on the spread, and clients can choose from one of three convenient schemes:

• Love to take risks? Get a $20 rebate for each lot on losing trades.
• Consistently making a profit on Forex? Get a $10 rebate for each lot on profitable trades.
• Want everything at once? Get a $5 rebate for each lot on any closed trades.

The process of connecting to the service is simple. It includes opening an account and verifying personal data, connecting one of the accounts (Classic MT4, Classic MT5, or Market Pro MT4), choosing one of the three calculation schemes, and receiving rewards every week. This service can be attractive for traders seeking ways to minimize risks and increase profits.

The broker offers more than 20 of the most common methods of depositing and withdrawing funds; with instant account crediting, withdrawal requests are usually processed in no more than 10 minutes.

All deposits are made without commissions from the broker's side; they are only possible from the payment system's side.

Deposit Methods

Payment System	Currencies	Deposit Fee	Operation Limit
WebMoney	USD	30%	from 150 USD
Volet	USDEUR	0%	from 25 USDfrom 25 EUR
SticPay	USDEUR	0%	from 25 USDfrom 25 EUR
M-Pesa	KES	0%	from 3500 KES
Bank Transfer	USD	0%	from 25 USD
Visa	RUBKZTUSD. . .show all	0%	from 25 USD
Mastercard	RUBKZTUSD. . .show all	0%	from 25 USD
Мир	RUB	0%	from 3500 RUB
Online banking	USDMYRPHP. . .show all	0%	from 25 USD

Cryptocurrency	Blockchain	Deposit Fee	Operation Limit
BTC (Bitcoin)	BTC	0%	from 0.0005 BTC
BCH (Bitcoin Cash)	BCH	0%	from 0.07 BCH
LTC (Litecoin)	LTC	0%	from 0.4 LTC
USDT (Tether)	ERC20	0%	from 30 USDT
USDT (Tether)	TRC20	0%	from 25 USDT
ETH (Ethereum)	ERC20	0%	from 0.01 ETH
XRP (Ripple)	XRP	0%	from 50 XRP
USDC (USD Coin)	ERC20	0%	from 25 USDC
XLM (Stellar Lumens)	XLM	0%	from 300 XLM

FreshForex offers a wide range of deposit methods, including Visa and MasterCard bank cards, bank transfers, electronic payment systems, and cryptocurrencies. Available methods include Sticpay, Skrill, Neteller, FasaPay, as well as Bitcoin, Ethereum, Litecoin, Ripple, Binance Coin, and other popular digital assets. Deposits are usually instant, except for bank transfers, which can take up to several business days. There is no commission for making a deposit.

Deposit bonuses

FreshForex offers several attractive bonuses for traders:

• Up to 10% bonus on the first cryptocurrency deposit: The first cryptocurrency deposit brings a bonus of 5% (from $202) or 10% (from $1010). The maximum bonus amount is $500.
• 101% Sustaining Bonus: With every deposit of $101 or more, customers receive a 101% bonus that triples their trading volume and is available for withdrawal after conditions are met.
• 300% Bonus: Deposit from $100 and receive up to $5000 for margin. The bonus is credited and requires trading volume to be met to be transferred to the balance.

Withdrawal Methods

Payment System	Currencies	Withdrawal Fee	Operation Limit
Neteller	USDEURCNY	2% limitscommission limits	—
Skrill	USD	1% limitscommission limits	—
WebMoney	USD	0.8% limitscommission limits	—
Volet	USDEUR	2%	—
FasaPay	USDIDR	0.5% limitscommission limits	—
SticPay	USDEUR	2.5%+ 0.3 USD limitscommission limits	—
M-Pesa	KES	5%+ 80 KES limitscommission limits	—
Visa	KZTRUB	3.5%+ 400 KZT limitscommission limits	—
Mastercard	KZTRUB	3.5%+ 400 KZT limitscommission limits	—
Online banking	USDMYRIDR. . .show all	3% limitscommission limits	—

Cryptocurrency	Blockchain	Withdrawal Fee	Operation Limit
BTC (Bitcoin)	BTC	1% limitscommission limits	—
USDT (Tether)	ERC20	0.5%+ 5 USD	—
USDT (Tether)	TRC20	0.5%+ 2 USD	—
ETH (Ethereum)	ERC20	0.1% limitscommission limits	—
XRP (Ripple)	XRP	0.1% limitscommission limits	—
BCH (Bitcoin Cash)	BCH	0.5% limitscommission limits	—
LTC (Litecoin)	LTC	0.5% limitscommission limits	—
USDC (USD Coin)	ERC20	0.5%	—

Withdrawals are made using the same methods as deposits, including bank cards, electronic payment systems, and cryptocurrencies. Withdrawal requests are processed within 10 minutes during the company's business hours, but the actual receipt of funds depends on the method chosen — for e-wallets and cryptocurrencies, the transfer is almost instantaneous, while for bank cards and transfers, it can take up to several business days. FreshForex does not charge a commission for withdrawals, which makes transactions more profitable for clients.

FreshForex offers a rather extensive range of trading instruments. However, the absence of soft commodities and the average number of CFDs compared to other brokers may limit opportunities for some traders.

What markets are available?

Leverage

The table below shows the maximum leverage values for each asset category. Note that leverage depends on the account type and trading volume (the higher the volume, the lower the leverage).

FreshForex offers two of the most popular and functional solutions — MetaTrader 4 and MetaTrader 5, which cover the needs of both conservative traders who prefer the proven MT4 and those who want to take advantage of the advanced features of MT5.

Both platforms are user-friendly, support mobile versions, web access, automated trading, and a rich set of technical analysis tools. The only minor drawback is the lack of alternative platforms such as cTrader or proprietary solutions, which slightly limits the choice for traders who prefer other ecosystems.

MetaTrader 4

MetaTrader 4 (MT4) is a classic platform popular among traders, which FreshForex provides to its clients. It features a simple and intuitive interface, high stability, and support for automated trading via advisors. The platform includes more than 50 built-in indicators and technical analysis tools, allows you to customize charts and apply various types of orders. MT4 is available in versions for PC, web browser, and mobile devices (iOS and Android), allowing you to trade anywhere.

MetaTrader 5

MetaTrader 5 (MT5) is a more modern and functional platform available to FreshForex clients. It offers advanced features compared to MT4, including more timeframes, a built-in economic calendar, market depth (Level II), and an improved trading strategy testing system. MT5 also supports trading in both currency pairs and CFDs on a wide range of instruments, making it a versatile solution for traders of all levels. The platform is available for Windows, macOS, in a web version, and on mobile devices.

FreshForex offers a wide range of tools for market analysis — from an economic calendar and trading session schedule to calculators and interest rate summaries. In addition, traders have access to a variety of expert analytics: fundamental, wave, and option analysis, as well as forecasts based on Murray levels and margin zones. This comprehensive approach allows you to use both classic analysis methods and more specialized strategies.

Analysis tools

FreshForex provides traders with a wide range of analytical tools to help them make more informed trading decisions. This section includes both classic services for assessing the macroeconomic situation and specialized calculators and calendars that are useful in daily trading.

Economic calendar

FreshForex provides a convenient economic calendar with current events in the global economy, their forecasts, and actual values. This tool helps traders plan their trades taking into account important news and macroeconomic indicators.

Holiday calendar

The holiday calendar contains information about public and financial holidays in different countries. This is useful for understanding possible reductions in liquidity or changes in market volatility.

Trading session schedule

The interactive Forex trading session schedule allows you to track the periods of activity of the world's largest financial centers, which helps you choose the optimal time for trading.

Interest Rates

The section with interest rates of the world's largest central banks helps traders assess current monetary policy and predict currency pair movements.

Forex Calculator

The FreshForex Forex calculator allows you to quickly calculate the margin size, pip value, spread, and possible profit or loss on a trade, which simplifies the planning of trading operations.

Fresh forecasts

The “Fresh Forecasts” section on the broker's website contains various types of analytics prepared by the company's experts. These reviews cover key approaches to market analysis and allow traders to choose a convenient method for forecasting price movements.

Fundamental analysis

The fundamental analysis section contains daily and weekly reviews based on news, macroeconomic statistics, and geopolitical events.

Wave analysis

FreshForex publishes detailed wave analysis using the Elliott method, which helps traders identify likely price movement scenarios and key entry and exit points.

Murray level analysis

This section presents an analysis of market movements using Murray levels, a method based on identifying significant price levels and support/resistance zones.

Margin Level Analysis

Margin level analysis helps to assess the positions of market participants in margin zones, which can be useful for determining price movement directions.

Option Analysis

FreshForex's option analysis is based on data on option positions and is used to forecast support and resistance levels, as well as possible price reversals.

FreshForex offers high-quality and informative materials for traders of different skill levels: regular webinars with experts, a detailed encyclopedia of terms, and a structured self-study guide. This set covers both theoretical and practical training, which is especially useful for beginners.

Webinars

FreshForex regularly holds free educational webinars covering a wide range of topics, from the basics of Forex trading for beginners to complex strategies and analysis methods for experienced traders. The webinars are conducted by professional analysts and practicing traders, and recordings of the broadcasts are available for replay. This training format allows you to ask questions in real time and get immediate answers from experts.

Forex Encyclopedia

The Forex Encyclopedia from FreshForex is an extensive knowledge base that contains key terms, concepts, and definitions related to the currency market. The section is designed as a convenient dictionary, where each term has a simple and understandable explanation. This resource is useful for traders of all levels, allowing them to quickly find answers to questions that arise during the learning or trading process.

Forex Tutorial

The Forex Tutorial is a structured training course that introduces traders to the basics of the currency market, the principles of technical and fundamental analysis, capital management, and trading psychology. The materials are presented in a simple form with examples and illustrations, making the training accessible even to beginners. The tutorial can be completed at a comfortable pace, returning to the necessary topics as needed.

The Trader's Path Course

The Trader's Path course is FreshForex's proprietary training program designed for step-by-step mastery of the trading profession. It includes sequential modules: from the basics of working with trading platforms and understanding market terminology to developing your own trading strategies and risk management. The course is structured so that students can reinforce theory with practice, using demo accounts or small real deposits. It is suitable for both beginners and those who want to systematize their existing knowledge.

FreshForex offers several reliable ways to contact them — via a ticket in your personal account, a callback request, email, and phone. This set of channels is suitable for most situations, and customer reviews confirm that the staff are polite and competent, helping to resolve both technical and organizational issues.

How to contact support?

FreshForex provides several ways to contact technical support. Customers can create a ticket in their personal account, describing the problem or question in detail, or request a callback from a company specialist. Contact by email and phone is also available. This format allows you to send a request directly to the support service and receive a response from a competent employee.

Support hours

FreshForex support is available Monday through Friday from 04:00 to 19:00 GMT, and on weekends from 06:00 to 15:00 GMT. This allows us to cover the main trading hours on the Forex market and respond quickly to most requests. Requests sent outside these hours are processed within the first few hours after support opens.

Feedback on technical support

Customer feedback on FreshForex's technical support is generally positive. Users note the politeness of the staff and their fairly quick response to tickets and callback requests. However, some traders mention that email responses can be delayed, especially during peak hours. Overall, support is rated as competent and ready to help with standard and technical issues.

FreshForex Alternatives

Looking for FreshForex alternatives? Compare key features of FreshForex against its competitors.

Broker	eToro	Dukascopy Europe	FreshForex	BDSwiss	Forex4you
Rating	3.8/5	3.8/5	4.1/5	3.9/5	3.8/5
Minimum deposit	200 USD	100 USD	25 USD	10 USD 10 EUR 10 GBP	1 USD 1 EUR
Spread	from 1 points	from 0.1 points	from 0 points	from 0 points	from 0.1 points
Trading platforms	eToro	MetaTrader 4 JForex	MetaTrader 4 MetaTrader 5	MetaTrader 4 MetaTrader 5 WebTrader	MetaTrader 4 MetaTrader 5 Forex4you
Reviews	eToro review	Dukascopy Europe review		BDSwiss review	Forex4you review
Broker comparison	FreshForex vs eToro	FreshForex vs Dukascopy Europe		FreshForex vs BDSwiss	FreshForex vs Forex4you

If you want to compare FreshForex with other forex brokers in more detail, go to the Forex Brokers Comparison page.

Conclusion

FreshForex is a broker with a long history in the market, a wide selection of trading accounts, high leverage, and an affordable minimum deposit. It is suitable for active traders who value flexibility in choosing trading instruments, are interested in high-risk strategies, and are willing to work with an offshore company without licenses from leading global regulators. Thanks to the availability of a demo account, a variety of analytical materials, and training courses, FreshForex may also be of interest to novice traders who want to hone their skills without making large investments.

FAQ

Is FreshForex legit?

Yes, FreshForex is a legitimate broker that has been operating in the market since 2004. It is known for its stability and reliability.

Which country is FreshForex from?

FreshForex is based in Saint Vincent and the Grenadines.

Is FreshForex an ECN broker?

FreshForex offers both ECN (Electronic Communication Network) and non-ECN account types to cater to various trading needs.

How does FreshForex make money?

FreshForex makes money through spreads, commissions on certain account types, and other trading-related fees.

Is FreshForex good for beginners?

Yes, FreshForex is good for beginners due to its extensive range of educational materials and analytics, which can help new traders learn and grow.

Does FreshForex offer a demo account?

Yes, FreshForex offers a demo account, allowing traders to practice and familiarize themselves with the platform without risking real money.

How can I open an account with FreshForex?

You can open an account with FreshForex by visiting their website, completing the registration form, and verifying your identity and address as part of the KYC (Know Your Customer) process.

How can I delete my FreshForex account?

To delete your FreshForex account, you need to contact their customer support team and follow their specific account closure procedures.

What is the minimum deposit for FreshForex?

FreshForex does not have a minimum deposit requirement, making it accessible for traders of all levels.

What is the maximum leverage on FreshForex?

The maximum leverage offered by FreshForex is up to 1:2000, depending on the account type and regulatory requirements.

How do I deposit funds in a FreshForex account?

You can deposit funds into a FreshForex account using various methods, including bank transfers, credit/debit cards, cryptocurrencies, and electronic payment systems. Detailed instructions are available on their website.

How do I withdraw money from FreshForex?

To withdraw money from FreshForex, log in to your account, navigate to the withdrawal section, select your preferred withdrawal method, and follow the provided instructions.

Does FreshForex provide VPS?

Yes, FreshForex provides VPS (Virtual Private Server) services to ensure stable and uninterrupted trading, especially for those using automated trading strategies.

Is FreshForex suitable for scalping?

Yes, FreshForex is suitable for scalping as it allows this trading strategy on its platform.

Is FreshForex suitable for auto-trading?

Yes, FreshForex is suitable for auto-trading and supports various automated trading systems and expert advisors (EAs).

Is FreshForex suitable for hedging?

Yes, FreshForex allows hedging, making it suitable for traders who use this risk management strategy.

Is FreshForex suitable for spread betting?

No, FreshForex does not offer spread betting services.