FreshForex vs Gerchik & Co Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FreshForex or Gerchik & Co?
Our pick: FreshForex
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FreshForex looks preferable to Gerchik & Co.
FreshForex scored 4.1/5 and ranks 36 in our all Forex brokers list, whereas Gerchik & Co has 3.9/5 and ranks 52.
This is not financial advice. See the full comparison below.
Who is FreshForex suitable for?
FreshForex is suitable for beginners thanks to educational materials, a wide selection of instruments, and experienced traders looking for various accounts.
Who is Gerchik & Co suitable for?
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
Comparison Table of FreshForex and Gerchik & Co
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Rating | 4.1/5 | 3.9/5 |
| Foundation Year | 2003 | 2015 |
| Regulated in Countries | Saint Vincent and the Grenadines | Vanuatu |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:100 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | FreshForex Review | Gerchik & Co Review |
FreshForex Review
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.
Pros and Cons of FreshForex
Pros
- Extensive experience (since 2004).
- Minimum deposit from $25.
- Wide selection of currencies and cryptocurrencies for accounts.
- Various analytical and educational materials.
Cons
- No licenses from reputable regulators.
- High spreads and commissions on a number of instruments.
- No PAMM accounts or copy trading.
- No online chat or support via messengers.
FreshForex is in the top 10 of the following ratings:
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co is in the top 10 of the following ratings:
Reliability
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Reliability | 3/5 | 3.4/5 |
| Foundation Year | 2003 | 2015 |
| Regulated in Countries | Saint Vincent and the Grenadines | Vanuatu |
| Regulators |
|
|
FreshForex
FreshForex does not have licenses from leading global regulators, which increases the risks for clients. It operates in an offshore jurisdiction, so the level of investor protection is limited.
Pros
- Long-standing presence on the market (since 2004)
Cons
- Lack of regulation by authoritative bodies
- Limited legal protection for clients
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
Account Opening
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
FreshForex
Opening an account with FreshForex is quick, with detailed verification and a wide selection of currencies, including cryptocurrencies. The minimum deposit of $25 makes the broker accessible to most traders.
Pros
- Quick registration and verification
- Minimum deposit of $25
- Large selection of currencies and cryptocurrencies for accounts
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
Account Types
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Account Types | 4.5/5 | 4/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:100 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
FreshForex
FreshForex offers a wide range of accounts, including ECN, cent, and Islamic accounts, as well as a demo account. However, the lack of PAMM and copy trading limits the options for passive investors.
Pros
- A variety of accounts for different levels of traders
- Islamic accounts and demo accounts are available
Cons
- No PAMM accounts or copy trading
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
Commissions
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Commissions | 3.2/5 | 2/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.8 | |
| Commission per Lot | $3.3 | $5 |
FreshForex
FreshForex's commissions are above average, especially for certain currency pairs, but the absence of inactivity fees and a unique cashback program partially compensate for this drawback.
Pros
- No inactivity fees
- No deposit/withdrawal fees
- Cashback program with different refund schemes
Cons
- High spreads and swaps
- Commissions on some pairs are above average
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
Deposit and Withdrawal
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
|
|
FreshForex
FreshForex ensures fast and convenient account funding and withdrawals with more than 20 methods without broker commissions.
Pros
- No commission for deposits/withdrawals
- Support for cryptocurrencies and e-wallets
- Fast processing of requests
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
Markets and Products
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Markets and Products | 4/5 | 4.4/5 |
| Forex | 52 | 66 |
| Precious Metals | 13 | 7 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 14 |
| Stocks | 133 | 296 |
| ETF | 7 | 21 |
| Cryptocurrency | 71 | 11 |
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.
Pros
- Large number of currency pairs
- Wide selection of cryptocurrencies
- High leverage up to 1:2000
Cons
- No soft commodities or bonds
- Average number of CFDs on stocks
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded commodities
Trading Platforms
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Rating | 4.5/5 | 4/5 |
| Trading Platforms |
|
|
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.
Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
Analytics
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| 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.
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Education
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 5/5 |
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.
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
Customer Support
| Broker | FreshForex | Gerchik & Co |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Telegram
YouTube
Skype
Facebook
InstagramFreshForex
FreshForex's technical support is competent and responsive, but the lack of online chat and messengers slightly reduces the convenience of communication.
Pros
- Quick response to tickets and calls
- Polite and qualified staff
Cons
- No online chat
- No support via messengers
Gerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
Comparisons of FreshForex and Gerchik & Co with other brokers
Conclusion
FreshForex stands out as the better overall pick, while Gerchik & Co trails on aggregate criteria.
FreshForex scored 4.1/5 and ranks 36 in our rating; Gerchik & Co has 3.9/5 and ranks 52.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FreshForex or Gerchik & Co?
FreshForex comes out ahead by overall rank (score 4.1/5, position 36) versus Gerchik & Co (score 3.9/5, position 52).
Which broker is better for beginners: FreshForex or Gerchik & Co?
FreshForex is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FreshForex or Gerchik & Co?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FreshForex and Gerchik & Co?
FreshForex: MetaTrader 4, MetaTrader 5. Gerchik & Co: MetaTrader 5, MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with FreshForex and Gerchik & Co?
FreshForex: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Gerchik & Co: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FreshForex and Gerchik & Co?
FreshForex: Classic, Market Pro, ECN, Classic.Cent. Gerchik & Co: Zero, Mini, Simple, Silver, Gold, Platinum. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FreshForex and Gerchik & Co?
FreshForex: WebMoney, Volet, SticPay, M-Pesa, Bank Transfer, Visa, Mastercard, Мир, Online banking. Gerchik & Co: Volet, Perfect Money, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FreshForex or Gerchik & Co — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
