Forex4you vs FreshForex Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Forex4you and FreshForex
| Broker | Forex4you | FreshForex |
|---|---|---|
| Rating | 3.8/5 | 3.8/5 |
| Foundation Year | 2006 | 2003 |
| Regulated in Countries | British Virgin Islands, Saint Vincent and the Grenadines, Belarus | Saint Vincent and the Grenadines |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Forex4you Review | FreshForex Review |
Forex4you is suitable for experienced traders who appreciate the variety of platforms and analytical tools and beginners due to extensive training materials.
FreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.
Forex4you Review
Forex4you is a broker with years of experience in the market, offering its clients a variety of trading instruments and platforms. On one hand, the broker provides exciting opportunities such as the Cashback program and various analytical tools. On the other hand, certain aspects, such as commissions and limited deposit methods, may pose particular difficulties for traders.
Forex4you is probably most suitable for intermediate and experienced traders looking for flexibility in choosing trading platforms and value analytical tools.
Pros and Cons of Forex4you
Pros
- Variety of trading accounts.
- Cashback program.
- Variety of trading platforms.
- Many analytical tools.
- Fast and professional response of the support service.
Cons
- Swaps are above the market average.
- Limited deposit methods.
- Limited product selection.
Forex4you is in the top 10 of the following ratings:
FreshForex Review
FreshForex is a broker with rich experience in the market since 2004, and it has established itself as a stable and reliable partner. The broker offers a variety of trading accounts that can meet the needs of different categories of traders, including accounts with fixed and floating spreads and with market execution. An additional advantage is an extensive set of educational materials and analytics that can be useful for beginners and experienced traders.
However, there are significant disadvantages to consider. The lack of regulation by major financial institutions such as the FCA or ASIC can be critical for traders looking for maximum security for their funds. Also, the lack of a native mobile app can limit the ability to trade on the go, although this is offset by support for the popular MetaTrader 4 and MetaTrader 5 platforms. High trading commissions on ECN accounts can deter traders from seeking more favorable trading conditions.
Overall, FreshForex is suitable for traders who appreciate the variety of trading accounts and educational resources. The broker is especially ideal for those willing to accept some risk associated with the lack of regulation by reputable authorities.
Pros and Cons of FreshForex
Pros
- It has been on the market since 2004 and has established itself as a reliable and stable broker.
- Variety of trading accounts.
- Quality analytics.
- Extensive education program.
Cons
- Lack of regulation by major financial authorities.
- Absence of a mobile application.
- High trading fees.
FreshForex is in the top 10 of the following ratings:
Reliability
| Broker | Forex4you | FreshForex |
|---|---|---|
| Reliability | 4/5 | 3/5 |
| Foundation Year | 2006 | 2003 |
| Regulated in Countries | British Virgin Islands, Saint Vincent and the Grenadines, Belarus | Saint Vincent and the Grenadines |
| Regulators | BVIFSC BVIFSC SVGFSA SVGFSA НБ РБ НБ РБ | SVGFSA SVGFSA |
Forex4you
Forex4you broker is registered in the British Virgin Islands, St. Vincent and the Grenadines, and Belarus.
Pros
- International regulation (BVIFSC and SVGFSA).
- Regulation by the National Bank of the Republic of Belarus.
Cons
- Lack of regulation in major financial centers (e.g., EU or USA).
FreshForex
FreshForex has an offshore registration. There is also a lack of strict regulation, which raises concerns about reliability
Account Opening
| Broker | Forex4you | FreshForex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Forex4you
Opening an account with the broker is simple and convenient. Intuitive website navigation and quick access to the personal account area make the process extremely user-friendly.
Pros
- Simple registration form.
- Intuitive website navigation.
- Quick login to the personal account from the homepage.
FreshForex
The account opening process at FreshForex is simple and convenient.
Account Types
| Broker | Forex4you | FreshForex |
|---|---|---|
| Account Types | 5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Forex4you
Forex4you offers a variety of accounts, meeting the needs from beginners to professionals.
Pros
- Cent accounts for beginners.
- Trading accounts for experienced and professional traders.
- Own copy trading service Share4you
FreshForex
FreshForex offers a variety of accounts to meet different needs, but lacks options for passive investing.
Commissions
| Broker | Forex4you | FreshForex |
|---|---|---|
| Commissions | 2.2/5 | 2.2/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | 0.2 | 1.8 |
| Commission per Lot | $4 | $3.3 |
Forex4you
Forex4you's commissions are above average.
Pros
- Cashback program available
Cons
- High commission per lot on Classic Pro account.
- Swaps higher than most competitors.
- Inactivity fee.
FreshForex
FreshForex has higher than average market commissions, but does not charge for inactivity or deposits/withdrawals.
Deposit and Withdrawal
| Broker | Forex4you | FreshForex |
|---|---|---|
| Rating | 3/5 | 5/5 |
| Account Funding Methods |
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Forex4you
Forex4you offers convenient conditions for depositing and withdrawing funds via bank cards, but the choice of methods is limited.
Pros
- 0% commission for deposits and withdrawals.
- Instant credit on deposits.
Cons
- Lack of cryptocurrencies.
- No bank transfer option.
- Withdrawal time up to 6 business days.
FreshForex
FreshForex ensures fast and convenient account funding and withdrawals with more than 20 methods without broker commissions.
Markets and Products
| Broker | Forex4you | FreshForex |
|---|---|---|
| Markets and Products | 3.2/5 | 4/5 |
| Forex | 40 | 52 |
| Precious Metals | 2 | 13 |
| Indices | 13 | 12 |
| Stocks | 89 | 115 |
| Energy Carriers | - | 3 |
| ETF | - | 7 |
| Cryptocurrency | - | 74 |
Forex4you
Forex4you offers a variety of markets, but the product range is limited compared to competitors.
Pros
- Wide selection of currency pairs.
- Diverse markets.
Cons
- Lack of energy carriers and soft commodities.
- Overall number of CFDs below market standards.
FreshForex
FreshForex offers an extensive selection of trading instruments, but with limitations such as the absence of soft commodities and an average number of CFDs.
Trading Platforms
| Broker | Forex4you | FreshForex |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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Forex4you
Forex4you offers high-quality and functional trading platforms, ensuring comfortable trading.
Pros
- Availability of popular platforms MT4 and MT5.
- Proprietary development - the Forex4you platform.
- Mobile versions for trading on the go.
FreshForex
FreshForex offers reliable and popular MT4 and MT5 platforms with a variety of tools and versions for different devices.
Pros
- Access to MT4 and MT5, proven platforms.
- A large arsenal of indicators and tools.
- Versions for PC, MacOS, iPhone, Android, and Web.
Cons
- Lack of proprietary or alternative platforms.
- May be complex for beginner traders.
Analytics
| Broker | Forex4you | FreshForex |
|---|---|---|
| Rating | 4/5 | 5/5 |
Forex4you
Forex4you offers a wide range of analytical tools, providing traders with quality data for decision making.
Pros
- Extensive set of tools: news, technical analysis, economic calendar.
- Access to professional services such as Autochartist.
Cons
- Lack of in-depth fundamental analysis.
FreshForex
FreshForex offers comprehensive and timely analytics, including a variety of analysis methods and useful tools for traders.
Pros
- Daily forecasts and Forex analytics.
- A variety of analysis methods.
- Additional tools such as a calculator and economic calendar.
Education
| Broker | Forex4you | FreshForex |
|---|---|---|
| Rating | 5/5 | 5/5 |
Forex4you
Forex4you training materials offer a comprehensive approach to learning with a wide range of topics and formats suitable for beginners and experienced traders.
FreshForex
FreshForex offers an extensive educational program, including webinars, consultations, and literature suitable for beginners.
Pros
- A variety of educational materials and courses.
- Free webinars and consultations with experts.
- A comprehensive glossary of Forex terms for beginners.
Cons
- Lack of advanced courses for experienced traders.
Customer Support
| Broker | Forex4you | FreshForex |
|---|---|---|
| Rating | 3.5/5 | 3.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
YouTube
Instagram
Telegram
VK
OKForex4you
Forex4you's customer support provides a mixed experience, with quick response but also issues in some cases.
Pros
- Variety of communication channels.
- Quick response in chat and via email.
- Professionalism of the staff.
Cons
- Negative reviews about account freezing.
- Issues with fund withdrawal for some clients.
FreshForex
FreshForex technical support offers a variety of communication channels, but the quality of service is inconsistent.
Pros
- Multiple channels of communication.
- Quick response in some cases.
Cons
- Inconsistency in service quality.
- Lack of 24/7 support.
