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FreshForex

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Name

FreshForex

Date founded

Dec 31, 2005

News

Yes

Webinars

Yes

Demo version

Yes

Country

Saint Vincent and the Grenadines

Languages

Chinese, English, Indonesian, Russian

Spot trading

Yes

Spreads

1.50

Scalping

Yes

Hedging

Yes

Decimal pricing

5 Digits

Max Leverage

1:1000

One click execution

Yes

Minimal Lot

0.01

Bonus

Fresh Rebate 50%

Currencies

Currency pairs

48

Deposit methods

Bank wire, Credit card (VISA/Mastercard), Skrill, WebMoney, QIWI

Minimum Initial Deposit

-

Mini Account:

N/A

Standard Account:

$200

ECN Account:

$2,000

Premium:

N/A

Withdrawal methods

QIWI, WebMoney, Skrill, Credit card (VISA/Mastercard), Bank wire

Contact phone

+442070992124

Contact email

To those individuals who may just be joining the forex trading industry, it is always advisable to go with a company which has been in business for a couple of years. Which Company reliable and more stable; therefore, customers who choose to invest with them get to enjoy unparalleled peace of mind. Forex is a risky business to anyone who invests their hard-earned cash without conducting due diligence. FreshForex is a company that has been in business for more than 13 years. The company is a recipient of more than 30 awards. This is a review of the company.

 

Features:

•     Accounts: FreshForex customers have the option of choosing between three accounts: classic account, market pro account, and ECN account.

  • Different customers have a different understanding of the forex business. There are those who may be starting out and others who are advanced. For the beginners, we believe the “classic account” is their best option. The account provides its users with more than 130 tools with which they can comfortably use.
  • The leverage also goes up to 1:1000, and it allows the use of fixed spreads. For those customers who may have some experience in the forex business, the market pro account is a perfect fit for their needs. The account carries a maximum order size of 100 lots compared to the classic account which only carries 20 lots. The order execution time is also faster in a “market pro account.” It starts at 0.1 seconds while the execution time in a classic account starts from 2 seconds.
  • One similarity shared by these two account types is that they are both executed in the market execution mode. The “ECN account” is a special account. Customers who use this account enjoy advanced professional trading, high liquidity, and fast interbank switches. One similarity shared by both the ECN and market pro account holders is that they both have variable spreads and commissions. The difference is that the spreads in an ECN account are averaged at 0.2 pips while the spreads in a market pro account averaged at 1.6 pips.

FreshForex also allows their customers to make special arrangements regarding the setting up of their accounts. For instance, there may be customers who come from countries which practice Sharia law. For these type of customers, a swap-free account can always be set up to cater for their needs. The company also provides two other special account types: the demo account and partner account. The demo account serves the needs of those customers who may want to get acquainted with the platform while a partner account enables different traders to trade together.

•     Education: The company provides several forex webinars to its clients who may need to educate on forex matters. They start at step one and end at level seven. Additionally, the company provides an interactive tutorial and forex encyclopedia. The analytics feature provided by the company is also advantageous as it helps the traders to make informed choices.

 

Advantages:

•     Various payment methods.

•     Provision of SMS notifications.

•     Provision of two trading terminals.

 

Disadvantages:

•     There is no VPS provision, and the company does not allow web-based trading.

 

Conclusion:

FreshForex has been operational for over 13 years. The company also provides its customers with various useful features and guidelines. To those individuals who may be interested in joining the forex industry, FreshForex can meet their needs.

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Pros & Cons
  • Choice of Platforms, A Host of Bonuses, Demo and Swap Accounts
  • Missing Information on Website
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