FreshForex vs FxPro 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 FreshForex and FxPro
| Broker | FreshForex | FxPro |
|---|---|---|
| Rating | 3.8/5 | 4.4/5 |
| Foundation Year | 2003 | 2006 |
| Regulated in Countries | Saint Vincent and the Grenadines | United Kingdom, Cyprus, Bahamas |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:10000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FreshForex Review | FxPro Review |
FreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.
FxPro is suitable for traders looking for a reliable company with good trading conditions and a wide selection of instruments.
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:
FxPro Review
FxPro provides a comprehensive range of services and tools for traders. With its variety of trading accounts, platforms, and available markets, it is well-suited to meet the needs of different traders. This broker suits traders looking for a wide selection of markets, diverse platforms, and analytical tools. It is also apt for beginner traders, thanks to the educational materials and experienced traders who value flexible trading conditions.
Pros and Cons of FxPro
Pros
- Various trading platforms.
- A diverse range of available markets and products.
- Multiple analytics tools.
- Extensive educational materials.
Cons
- An inactivity fee.
- Absence of cent accounts and services for copying trades.
FxPro is in the top 10 of the following ratings:
Reliability
| Broker | FreshForex | FxPro |
|---|---|---|
| Reliability | 3/5 | 5/5 |
| Foundation Year | 2003 | 2006 |
| Regulated in Countries | Saint Vincent and the Grenadines | United Kingdom, Cyprus, Bahamas |
| Regulators | SVGFSA SVGFSA | FCA FCA CySEC CySEC FSCA FSCA SCB SCB |
FreshForex
FreshForex has an offshore registration. There is also a lack of strict regulation, which raises concerns about reliability
FxPro
FxPro shows high reliability and strict compliance with regulatory standards in the financial sector. The company is regulated by several leading authorities worldwide.
Account Opening
| Broker | FreshForex | FxPro |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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FreshForex
The account opening process at FreshForex is simple and convenient.
FxPro
The account opening process is structured but requires more time due to the volume of information needed.
Account Types
| Broker | FreshForex | FxPro |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:10000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FreshForex
FreshForex offers a variety of accounts to meet different needs, but lacks options for passive investing.
FxPro
FxPro offers various accounts, but the absence of cent accounts and a copy trading service limits options for beginner traders.
Pros
- A wide choice of account types.
- Availability of Islamic accounts.
- Personalized service for owners of Premium accounts.
Cons
- No cent accounts.
- No copy trading service provided.
Commissions
| Broker | FreshForex | FxPro |
|---|---|---|
| Commissions | 2.2/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.8 | 1.5 |
| Commission per Lot | $3.3 | $3.5 |
FreshForex
FreshForex has higher than average market commissions, but does not charge for inactivity or deposits/withdrawals.
FxPro
FxPro's commissions align with the market average, and the absence of fees for deposits/withdrawals is a benefit.
Pros
- No commission for depositing and withdrawing funds.
Cons
- Inactivity fee charged.
Deposit and Withdrawal
| Broker | FreshForex | FxPro |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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FreshForex
FreshForex ensures fast and convenient account funding and withdrawals with more than 20 methods without broker commissions.
FxPro
FxPro offers convenient and flexible options for funding and withdrawal, with most operations not incurring a commission.
Markets and Products
| Broker | FreshForex | FxPro |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 52 | 69 |
| Precious Metals | 13 | 13 |
| Energy Carriers | 3 | 6 |
| Indices | 12 | 29 |
| Stocks | 115 | 1971 |
| ETF | 7 | - |
| Cryptocurrency | 74 | 28 |
| Soft Commodities | - | 7 |
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.
FxPro
FxPro provides an extensive selection of markets and products for trading. Clients can trade 69 currency pairs on Forex and have access to a broad range of CFDs on indices, stocks, agricultural commodities, oil, precious metals, and cryptocurrencies.
Trading Platforms
| Broker | FreshForex | FxPro |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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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.
FxPro
FxPro offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, and FxPro Edge. Each platform has several variations that can be downloaded from the broker's official website for free.
Analytics
| Broker | FreshForex | FxPro |
|---|---|---|
| Rating | 5/5 | 5/5 |
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.
FxPro
FxPro offers its clients diverse market analysis services. The company's official YouTube channel also features forecasts, market reviews, and helpful videos.
Education
| Broker | FreshForex | FxPro |
|---|---|---|
| Rating | 5/5 | 4/5 |
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.
FxPro
The "Education" section on the FxPro website offers a variety of educational materials for traders. The materials provided enable traders to master the basics and deepen their understanding of trading.
Pros
- A variety of educational materials.
- Availability of free courses and accessible online tests for self-assessment.
Cons
- No educational formats such as webinars, seminars, and podcasts.
Customer Support
| Broker | FreshForex | FxPro |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Telegram
YouTube
VK
OK
Facebook
LinkedIn
Twitter
InstagramFreshForex
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.
FxPro
FxPro has various channels for technical support, including online chat, callback service, and email. Clients can seek help through an international toll-free line or via email.
