Freshforex review

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Freshforex.Com review

Riston capital ltd

Freshforex is an online forex broker. Fresh forex offers the MT4 and MT5 forex trading top platforms. Freshforex.Com offers over 50 forex currency pairs, cfds, stocks, indexes, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.

June-december 2020: multiple fake and highly suspicious positive reviews submitted for freshforex.

January-september 2015: multiple fake and highly suspicious positive reviews submitted for freshforex.

Other websites of this company include ristoncapital.Com, freshforex.Net, freshforex.Org, and freshforex.Ru

Broker details

established:	2004
address:	kingstown, beachmont, P.O. Box 1510, suite 305 griffith corporate centre, saint vincent and grenadines
contact:	INFO@FRESHFOREX.COM, +442070992124
regional offices:
regulators:
prohibited countries:

deposit methods:

VISA, mastercard, advcash, bitcoin, epay (epay.Com), fasapay, local bank transfers, maestro, neteller, perfectmoney, qiwi, skrill, webmoney

withdrawal methods:

VISA, mastercard, advcash, bitcoin, epay (epay.Com), fasapay, neteller, perfectmoney, qiwi, skrill, webmoney

Live discussion

Join live discussion of freshforex.Com on our forum

Freshforex.Com profile provided by natalya, jun 28, 2015

Freshforex — fresh view on money

Tired of fine words and long profiles of forex brokers?

Below you will find only facts and digits, which will help you to make a choice in favor of "freshforex" company:

For 10 years we've been helping each trader to trade in forex market

100% is the protection rate of your interest by regulating agencies KROUFR and CRFIN

10 minutes — is the time of withdrawal in our company

0% — we don't charge fee for deposit and withdrawal of funds is made by 10 the most popular payment methods

92 contracts for trading at profit including metals, oil and contracts for indices

0,1 seconds — is the promptest execution of trades in market

33% — is the amount we add to traders for each deposit

$10 you can return for a loss-making trade

$2 500 — is the biggest amount we offer to clients under stop out

$100 — is the amount which will be enough to trade in our PAMM platform "flagman invest" as investor or manager

$20 from each lot — you won't find the better offer on partnership program

24/5 — our client support is at your service

We are not at a stop and perhaps are now offering something new to traders. You can always find the latest information on our website.

Freshforex review

Freshforex

Reason to avoid: no license

Listed date: september 17, 2018

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Freshforex review present by 55brokers and other brokers reviews, before signing an account you should always check on broker reliability and compare its trading offering.

Company name: riston capital limited. Freshforex

Registration address/ license:st. Vincent and the grenadines. No license.

Registration requirement: 2,000$

About freshforex

��️ registered in	st. Vincent and the grenadines
��️ type of license	offshore license
��️ is freshforex safe to trade	no
��️ recommended licenses	FCA in UK �� & ASIC in australia ��
�� alternative broker	FP markets - licensed by ASIC in australia

Is freshforex a scam or legit broker?

No, freshforex is not legit to trade with it.

The online forex broker freshforex as stated on the official website has been working in the foreign exchange market since 2004, while claims performance with one of the best trading conditions on the market due to which they are among top forex broker companies as well according to the research of the famous news agency interfax.

Among that the broker gained some more world recognition from the publications and industry expos, however, the freshforex which is a trading name of the riston capital limited company incorporated in an offshore hub st.

Vincent and the grenadines. There is no matter of the company location, but there is a sufficient risk if the company delivers services without any regulation or licenses from the world known watchdogs in the forex industry.

That means that the company may put their client into unnecessary risks while trading which will involve higher leverage level, alike 1:2000 as offered by the freshforex, non-regulated money management of the clients, as well as lack of operational standardization.

Since this is not the case of the freshforex the company do not comply with the adequacy requirements and follow of rules, thus clients do not rest assured about the safety of the financial services they receive.

Meanwhile, the broker mainly concentrated on the offering among russian and asian residents, while also there are a significant amount of negative reviews about the company crossing around the internet.

Overall, we generally advise not to trade with the offshore brokers since it is incurred to be a risky business, and increases the potential of general trading experience.

It is much more sufficient to choose among well established and regulated, reputable companies that are heavily overseen by the respected authorities. The list of FCA, ASIC such as broker FP markets from australia.

Freshforex review and tutorial 2021

Go to the brokers list for alternatives

Freshforex is a CFD and forex broker offering the MT4 and MT5 trading platforms.

Trade major, minor and exotic pairs.

Trade cryptos against the US dollar.

Freshforex is a broker offering forex and CFD trading through several account types and the MT4 platform. This review covers bonuses, demo accounts, leverage, and deposits. We also unpack the broker’s regulation status and determine whether freshforex is a good, legitimate broker.

Freshforex company details

Freshforex, operated by riston capital ltd, is an offshore brokerage established in 2004 and registered in saint vincent and the grenadines. The broker provides over 130 financial instruments to clients from over 200 countries worldwide, as well as a range of educational tools for both beginners and experts.

Freshforex does not accept clients from certain locations, including the united states, spain, the UK, and north korea.

Trading platforms

Metatrader 4

The metatrader 4 (MT4) desktop platform is the ideal trading solution for all levels of traders. The award-winning, multilingual platform is the most popular forex trading software, delivering a convenient and user-friendly interface with advanced technical features. Users can develop strategies using customisable charting tools, one-click trading, and more. Features include:

30+ technical indicators and 24 graphical objects

9 time-frames and 3 chart types

Automated trading (eas)

Market execution mode

Real-time data

freshforex MT4 platform

The MT4 trading platform is compatible with windows 7/8/9 and mac OS pcs and is downloadable once you have completed website registration.

Metatrader 5

The more advanced metatrader 5 (MT5) platform offers a host of advanced tools suitable for professional traders. Users benefit from more timeframes for detailed price movements and a wider range of technical indicators and graphical tools, including moving averages and fibonacci retracements. Trading robots are also available as well as detailed historical data. Other features include:

38+ technical indicators and 44 graphical objects

21 time-frames and unlimited number of charts

Economic calendar

Market depth

The MT5 platform is available for download onto windows and mac pcs.

Metatrader webtrader

Freshforex offers both the MT4 and MT5 web-based terminals, suitable for anyone looking to trade quickly and easily, without the need for a software download. The platforms can be accessed straight from any internet browser and provide all the same features as the desktop platforms. The client member area is also available.

Simply enter your account login details and begin trading straight away.

Markets

Freshforex offers six main asset classes:

Currencies – trade on over 40 currency pairs including the EUR/USD, GBP/USD and GBP/EUR

Cryptocurrencies – access 5 of the most popular cryptos, including bitcoin and litecoin

Stocks – trade 60 cfds on corporate stocks, including microsoft and ford

Indices – 11 global indices are available including the FTSE 100 and NASDAQ

Precious metals – trade gold and silver cfds on spot markets

Energies – trade on oil and gas

Spreads & commissions

Spreads at freshforex are fixed with the classic account at 2 pips for the EUR/USD and 3 pips for the GBP/USD. Spreads are floating with the market pro account, starting at 1.3 pips for the EUR/USD. These are by no means the tightest spreads out there. Minimum spreads at regulated brokers such as XM start from 0.1 pips, for example.

Commission is charged with the ECN account, starting from 0.0030% for forex. Other charges include overnight swap fees which are tripled from wednesday to thursday. Overall, freshforex is a relatively expensive broker to trade with.

Leverage

The maximum leverage accessible with the classic account is high at 1:2000. The market pro and ECN accounts cap leverage at 1:1000, but even this is higher than most. These leverage rates should be approached with caution as they can seriously increase losses as well as returns.

Mobile apps

Both the MT4 and MT5 platforms are available as mobile apps and are compatible with ios and android (APK) smart device users. Once the app has been downloaded, users can conveniently access trades and manage their accounts from anywhere, with many of the same desktop features available.

Freshforex mobile trading

Payment methods

Deposits

Freshforex offers over 20 fast and free funding methods, including credit/debit cards, e-wallets, cryptocurrencies, malaysian bank wire, and local deposits in africa. Deposit requests need to be made within the personal client area, by completing the online payment form. The minimum deposit amounts for cards are 10 USD/EUR. Minimum deposits with other payment methods vary.

Note, paypal is not available.

Withdrawals

Most of the same methods are available, including cards, e-wallets, cryptos, and malaysian bank wire. Fees are charged for withdrawals, which range from 0.5% for fasapay and perfect money, to 2.5% for cards. The only free e-wallet method is onlinenaira, though the withdrawal currency is nigerian naira.

Withdrawal times for cards and malaysian banks are 1 – 5 business days and e-wallet applications are processed within 10 minutes. Minimum and maximum withdrawal amounts vary depending on the method and can be found on the website.

Demo account

Freshforex offers a demo account for users to practice their trading strategies before committing real money in a live account. Traders can choose the amount of virtual funds they wish to trade, however reviews and forums do take issue with the fact the account is archived after 30 days of inactivity.

Bonuses & promotions

Freshforex offers several promotions, including a $2020 no deposit welcome bonus and a trade non-stop deal which awards users for making a trade every day for 5 consecutive days. Other welcome bonuses include a 200% deposit bonus, a 101% drawdown bonus plus a 30% top-up and stop-out insurance, however, in most cases, you have to deposit or have a balance of $500 to qualify. Referral codes for promos are also occasionally released.

Many offshore brokers offer seemingly attractive bonuses like this, the terms and conditions of which can be challenging and may be too good to be true.

Regulation

Riston capital ltd (freshforex) is an offshore broker, operating from saint vincent and the grenadines. The lack of a respectable regulatory framework means that some brokers can avoid vigorous financial supervision. We would recommend you think carefully before you create an account with offshore providers due to the risk of scams.

Additional features

Freshforex offers a range of educational resources and trading tools geared at both beginners and expert traders. The education centre contains articles with tips for profitable trading and price movements, as well as webinars. There is a reading section, though this just contains books on each topic that the broker recommends.

The forex analytics section provides various analysis forecasts, as well as practical tools like economic calendars and holiday schedules. Traders can also sign up for a signals service and there is also a shop where you can purchase MT4 expert advisors.

Freshforex economic calendar

Account types

Accounts at freshforex are rather confusing. The website presents several account types – real, partner, pro cent, etc. Information is provided on three accounts within the contract specifications page: classic account, market pro account, and ECN account.

There is no minimum deposit requirement, though they recommend $200 for classic, $400 for market pro, and $2,000 for ECN. Base currencies are USD, RUB, EUR, and BTC. All assets are available in all three accounts, as well as the MT4 and MT5 trading platforms. Spreads are fixed with the classic and floating in the other two accounts and all require a minimum order size of 0.01 lots.

Islamic swap-free accounts are also available at request.

Benefits

Advantages of opening a real-money freshforex account include:

Mobile app

Bonuses & promos

Copy trading available

MT4 and MT5 trading platforms

Drawbacks

There are several disadvantages of choosing freshforex:

Offshore broker

Unclear website

Limited product list

Some poor customer reviews

Trading hours

Trading times for forex are monday to friday from 00:05 am to 24:00 midnight EET (UTC+2, UTC+3 during the summer). Precious metals hours are monday to friday from 01:00 to 24:00 EET. Most cryptocurrencies are available 24/7. Specific timings on stocks and indices vary.

Customer support

You can contact support via:

Email – info@freshforex.Com

Telephone number – +442070992124

Live chat – accessible from the top of the page

Freshforex is headquartered at st. Vincent and the grenadines, kingstown, beachmont, P.O. Box 1510, suite 305 griffith corporate centre.

Security

The metatrader trading platforms are both protected with 128-bit secure sockets layer (SSL) encryption to keep data exchanges between servers secure. There is also the option to add dual-factor authentication at the sign-in stage.

Freshforex verdict

Freshforex initially seems like an attractive option for traders, with the selection of bonuses, as well as the educational resources and tools on offer. However, as this review has highlighted, there are red flags, including the offshore regulation, very high leverage and uncompetitive spreads. There are other brokers that we’d recommend first.

Accepted countries

Freshforex accepts traders from australia, thailand, canada, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use freshforex from united states, united kingdom, spain, japan, korea.

How do I open a live freshforex account?

You can open a live account using the link on the main website page. Once you have provided your personal details, you will then be able to use your member login to access the client area and login to your chosen platform.

Does freshforex offer a demo account?

Yes, the broker offers a demo account that will expire if not used for 30 days. You can set your own amount of virtual funds.

Does freshforex offer a no deposit bonus?

Yes, freshforex offers a $2020 no deposit welcome bonus. Other promotions include a 200% deposit bonus and stop-out insurance.

Does freshforex accept paypal?

Freshforex does not currently accept paypal, however it does accept e-wallets, card payments, and bank wire.

Is freshforex a legit broker?

Freshforex is an offshore provider and not regulated by a respectable financial supervisory body. This makes it hard to verify the legitimacy of the provider and the broker does receive some negative customer reviews online.

Does freshforex have trading on the NASDAQ?

Yes – clients can trade on close to a dozen major stock indices, including the NASDAQ.

Freshforex.Com review 2020 –is freshforex legit or A scam?

You are welcome to mitrobe network freshforex.Com review. In this comprehensive guide, I am going to let you know if freshforex is a scam or legit forex MLM company.

Freshforex.Com review 2020 –is freshforex legit or A scam?

Freshforex is an online forex broker launched in 2008 and which offers services ranging from forex trading down to share dealing trading, CFD trading and social trading.

With its head office in russia, freshforex has strongly established itself as a global broker with a notable profile touting the broker as having attracted more than 10,000 traders.

In this article, you’ll find out useful information about freshforex including the advantages and disadvantages of trading with the forex broker.

How to register with freshforex

To get started as a forex trader on freshforex, you’ll have to sign up for an account. Provide the sign-up information required of you so that you can get login details via your email. Subsequently, submit your identification documents so that the account can get validated. Finally, deposit fund in the account and download your preferred trading platform to get started.

What are the pros of freshforex?

Versatile language support –courtesy of its support for multiple languages, freshforex makes it possible for traders to select the (official) language(s) they understand most, hence helping them to better understand how the trading platform works. Advantageously, freshforex supports a decent number of languages including english, french, spanish, portuguese, italian, arabic, russian, hebrew, hindi, slovenian, polish, romanian, german, chinese and czech.

Excellent customer support –this, of course, is one of freshforex’s advantages over several other forex brokers. Freshforex therefore provides customers with email support, the option of phone conversation and a live chat. All of these support features combine to give the traders on freshforex a real shot at lodging their complaints easily and getting them resolved in time.

Variety in the account types offered –freshforex paves the way for its users to conveniently choose the account type(s) they deem suitable depending on their trading experience, goals and expectations. For instance, somebody without sufficient background knowledge of freshforex may first opt for the demo account. This way, such a person is very likely to have a better feel of how freshforex works before making any funding payment. Obviously, freshforex’s demo account is likely your surest bet if you’re willing to first learn how trading is done on freshforex. In addition to the demo account (which is clearly freshforex’s practice account), below are the other trading accounts offered by freshforex:

Mini account

STP account

Standard account

Islamic account

ECN account

It offers a broad range of trading instruments –with freshforex, traders are at liberty of trading a broad array of instruments, reported to be as many as 116 instruments.

Freshforex reviews and comments 2021

Why do we have to deposit to withdraw our profits?

These people are crazy, they said my account willl be verified in 3 hours, then i took 3 weeks, and still not verified, been chatting with their online support with guy called kirill if am right, always telling me same ***, saying wait, then i wait, then they say they are checking, then later tells me that they checked and my account will be verified today, i said okay, then two days later my account is not verified, these guys are not professional and have no idea how crasy people might get by telling lies, checked them few days late, said wait, i said okay am waiting, then said your documents are under review, i said what the *** is that, everyday you are telling me same *** and nothing works, the they said they transfered my case to their manager and my account will be verified in 24 hours, i said then thats okay, the thing is next days my account is not verified and they dont tell me why they just chill, if something is wrong reach back to a customer tell them maybe to resend documents or whatever but they dont tell you what they do is telling you to wait, why do i have to wait for that long, you better tell me that it takes one month for your account to be verified and not telling stories that it takes 3 hours, an i took a bonus of 2019, made 5,000$ from it and they dont verify my account untill the seven days period of bonus account are fineshed and then they take the money saying you dint verify your account, well am going to blow all that money on purpose and i request my account to be shut down, can't work with scammers.

Jum 14 november, 2019 reply

I've raised the deposit from $300 to $1200 with the help of a forex adviser. Then, without explaining the reasons, they raised the spread and drained the deposit to zero. In the correspondence they answered that according to the agreement they have the right to do so. Do not try to get there.

Anatoly 4 october, 2019 reply

Problems with the withdrawal of funds. First, they write that the request for withdrawal is being processed manually, then they repeatedly ask for photo of credit cards and a screen for bank account statements. In general, I wrote in tech support of a bunch of letters with specific questions, why the withdrawal is always made in manual mode, up to 5 working days? And what needs to be done to avoid this? The support replies that this is for the safety of my funds. At the same time, it is not clear what kind of security is involved if, when creating a withdrawal request, a verified credit card is provided and another text message arrives on the telephone with a code, plus a letter in the mail. The question of how to avoid manual withdrawal is always ignored. Terrible mess. There is a clear reluctance to pay. Everything is aimed only at getting max amount of deposits from beginners. By the way, if you try to replenish the account and do not complete the operation, the manager will immediately contact you and ask what difficulties with the replenishment have arisen. But when you want to withdraw your funds, you will get 0 attention whatsoever. I do not recommend. Look for an alternative.

Freshforex review

Freshforex is an offshore brokerage firm that offers online forex and CFD trading services to traders from across the globe. They began operations in 2004 and offer over 130 tradable instruments across multiple asset classes, including forex pairs, indices, stocks, energies, metals, and cryptocurrencies. The broker provides clients with the famous metatrader 4 and metatrader 5 trading platforms and allows all trading styles. They offer smart trading tools, educational resources, and ECN model of trade execution, with competitive spreads, decent trade execution speed, and minimal slippage.

Freshforex review – smart bridge technology

Freshforex review introduction

In this freshforex review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including freshforex.

Freshforex platforms & tools

The broker provides clients with the metatrader 4 and metatrader 5 trading platforms, which are considered the most flexible and robust platforms for forex and CFD. Both platforms have multiple advanced trading tools, including charting, order management, and automation tools.

Freshforex review – MT4 trading platform

The platforms are available in different versions:

A non-installable web version that can run directly on most modern web browsers like chrome, safari, edge, and firefox

Installable applications for mac and windows computers that can be downloaded from the broker’s website

Mobile trading apps that are compatible with android and ios devices

freshforex review – mobile trading apps

Apart from the tools built into the metatrader platforms, the broker offers other tools, such as economic calendar, forex fundamental analysis, technical analysis, elliot wave analysis, analysis of margin levels, huckster forex advisor shop, virtual private server, freshforex easy bot services, and forex trading signals

Freshforex research & education

Freshforex has a tutorial section that consists of four courses and a test. The courses cover the following:

Introduction to the forex market:

How to predict price movement

What you need for profitable trading

Trading system

The website also has a glossary of over 30 trading terms and their definitions. Webinars are also scheduled from time to time.

Freshforex trading accounts

The broker offers multiple account types, all of which are available the MT4 and MT5 platforms:

Procent account: denominated in cents, the account is for new traders who want to trade a live account without risking much.

Classic account: the broker recommends a deposit of $200; fixed spreads start from 2 pips; and there are no commissions.

Market pro account: the recommended deposit is $400; floating spreads start from 0.9 pips; and there are no commissions.

ECN account: the recommended deposit is $2,000; spreads start from 0 pips; and there is a commission of 0.03% per contract.

Freshforex account funding

Freshforex accepts a number of payment channels, including bank of malaysia transfers, credit/debit cards, bitcoin, and electronic payment systems, such as skrill, neteller, epayservice, QIWI, webmoney, fasapay, advcash, and perfect money. Transaction charges vary with the payment channels.

Freshforex review – client area

Freshforex customer service

The broker’s multi-lingual customer support team can be reached via email, phone, and online chat. They are available 24 hours a day on all trading days.

Freshforex regulation

Freshforex is an online trading brand operated by riston capital ltd, which is a financial services firm incorporated in st. Vincent and the grenadines. The firm’s international business company number is 20623 IBC 2012, but aside from that, the company does not provide any regulatory detail on its website. Since the regulation could not be verified, traders will likely be cautious when dealing with them.

Freshforex review summary

Freshforex is an offshore broker that offers online forex and CFD trading in over 130 tradable instruments through MT4 and MT5 trading platforms. They provide several trading tools and educational materials. However, the brokers regulation is lacking.

It is worth mentioning that some of the trading products and services in this freshforex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the freshforex broker website which you can visit by using the link below.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Freshforex

Spreads

Liquidity

Commissions

Support

Regulation

Features

MT4 and MT5 platforms

Many useful trading tools

A selection of educational resources

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Freshforex – forex broker rating and review 2021

status
	https://freshforex.Com/
regulation	CRFIN, KROUFR
trading software	metatrader4
headquartered	513, building 14, leningrad avenue 39 moscow, russian federation

Freshforex company was established in 2004. The company was founded by the experts with successful experience in the internet trading business. Thanks to a vast experience of interaction with broker and trading environment, we were able to work out and offer you both comfortable and affordable terms. Freshforex – fresh view on money. Are you tired of high-flown words and long texts about forex brokers?

In the following, you will find only facts and figures, which will help you to choose freshforex from many other brokers: 11 years we have helped every client with trading on the forex market. 100% – the protection of your interests in the KROUFR and CRFIN – the forex control organizations. 10 minutes - the speed of profit withdrawal in our company. 101% – we give traders for first account deposit. $10 you can return for every lot after unsuccessful deal. $2500 the highest possible payment, which we return to our clients having stop-out. $100 – enough to start working as a PAMM manager in our "flagman invest" platform. $20 from every lot- you can’t find better offer for affiliate program. 24/5 – our call center is opened for you.

We always develop and may be now we are offering something new to our traders. You can always find update information on the web-site freshforex.Com.

Freshforex trading information

Freshforex — latest reviews and comments 2021

Why do we have to deposit to withdraw our profits?

Jum 14 november, 2019 reply

Anatoly 4 october, 2019 reply

All client trades are executed with no dealing desk* intervention. Most trades are filled in under 10 milliseconds, with up to 2,000 trades executed per second.

Freshforex review

Review

Freshforex, founded in 2004, is one of the leaders on the forex market in russia. Its head office is in st. Vincent and the grenadines. The company provides access to forex and CFD markets. It is licensed as riston capital limited and regulated under the financial regulators CRFIN and KROUFR.

Accounts

Freshforex offers three trading accounts. The classic account is the best account for those starting out in forex trading. It offers more than 130 tools, leverage up to 1:1000 and the minimum order is 0.01 lots. The classic account uses fixed spreads for currency instruments.

The market pro account is a type of account suits active traders and scalpers perfectly. It uses floating spreads from 0.9, precise quoting of 5/3 digits and execution from 0,1 sec. Stop loss and take profit orders can be set only after opening position. On both classic and market pro accounts orders are executed under the market execution mode

Traders opening the ECN account receive professional trading on the advanced level as well as an inside trading spread, high liquidity and prompt switches to interbank when needed.

How does a freshforex ECN account work

A swap free account can be set up for any of the accounts. It is the best account setup for both traders working on long-term strategies and muslim traders practicing shariah law. This account is available on classic, market pro and ECN accounts with a fixed commission from $5 per lot.

There is no minimum deposits stipulated for any of these accounts but the broker does recommend certain amounts and these are listed on the site.

A demo account is available at freshforex for newbie traders just starting out in forex trading and can be set up with any of the three accounts.

Features

The freshforex website is user-friendly and easy to navigate. The pictures are colorful and attractive. However, when doing this review, I clicked on several tabs and was surprised to see the pages in russian.

An interesting feature is that the freshforex company indemnifies up to 100% of deposit commission to its clients on payments made through the most popular payment systems. For example, if a trader pays $1000 and a commission of $25 is taken off, freshforex will refund the $25 so the trader still has a payment of $1000 to use for trading.

Smart bridge technology is another feature offered by freshforex. The smart bridge technology (SBT) system is a flexible and reliable mechanism used to hedge forex trading risks, which allows the broker to work directly with several liquidity providers. The system monitors several channels of forex quotes in a real-time mode, selects the best offer in the split seconds and ensures instant execution of an order at the best available market price.

How smart bridge technology works

Bonuses/promotions

There were several bonuses and promotions offered at the time of this review.

Anyone with a classic account can link the account to the "fresh rebate 50%" promotion to get the highest forex rebate on spreads: $5 per lot on profitable trades either $10 per lot on loss-making trades.

Before june 1, 2016 traders can take part in the "36% per annum" promotion and receive the most profitable interest rate on free funds. All they need to do is trade as usual, earn with various instruments and freshforex will work to increase the deposit month by month up to 36%. Classic and market pro accounts that are not linked to the “fresh rebate 50%” promotion are eligible for the promotion. There is no limit on the number of participating accounts.

Traders can also join the "double deposit" promotion and receive a bonus of 101% for every deposit amount from $100.Trading with maximum leverage 1:1000 can end up with a profit of an extra 33% for every future deposit.

The most exciting promotion at the time of this writing was an opportunity to win a BMW X6M. Only $100 is needed to participate and there are 10 prizes given at the end of each stage of the contest. In total there are 75 prizes awarded and the top 5 winners at each stage win the prizes.

This contest expires during the first week in may.

Education

Freshforex offers a host of educational material including webinars and a series of guides and lessonsthere are several interactive instructional sessions and a list of books is provided that can help traders create their own trading system and learn more about methods of market analysis.

Daily forex forecasts by top experts are posted and the fresh forex forecast service analyzes the latest data on price action on the daily basis which are followed by more than 10,000 traders. Daily fundamental review represents up-to-date information on major currency pairs and regular reports based on trend potential review allow you to plan your trading for the coming week.

Freshforex weekly and daily fundamental analysis

Deposits/withdrawals

There are more than 20 methods of deposit and withdrawal and no fees for deposit are charged by the broker. Funding is credited to the account instantly and withdrawal applications are completed within 10 minutes.

Separate charts are provided for all the methods of deposits as well as the ways to withdraw funds.

Customer support

The main headquarters for freshforex is in st. Vincent and the grenadines and traders wishing to contact a representative can call the numbers listed on the site. Email communication is also available as well as chat during trading hours. An online request for information form is also provided.

Conclusion

Freshforex has been in the industry for over ten years and has been providing its members with a host of interesting features including a choice of different platforms and several trading accounts. When doing this review, I felt that certain information was missing or not clear.

Features

Among the many unique features at freshforex, the "smart bridge technology" (SBT) system is one of the best. This program is a flexible mechanism used to hedge forex trading risks by allows freshforex to work directly with several liquidity providers. Traders benefit from forex quotes in a real-time mode, a selection of the best offers and the assurance that their trades will be executed within seconds at the best available market price. The MT4 trading platform is one of the best in the industry and is available to all traders.

Freshforex review

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

Freshforex, the trading company of riston capital ltd, was started in 2004 and is located in st. Vincent and the grenadines. It’s clear that this company has a long history but not everything that has been around for a long time can be trusted and is worth your time. We’re here to answer the question can freshforex be trusted?

Freshforex regulation

Regulation is an important criterion for any broker you’re considering. Whether you’re a beginner or a seasoned trader, it’s essential that any broker you are seriously thinking about investing with is regulated so that if anything goes wrong, you are covered and can be compensated.

Unfortunately, freshforex is not regulated by the financial authority in st. Vincent and the grenadines. This alone is a serious red flag and should be the reason for you to cross freshforex off your list of possible brokers.

Freshforex customer support

To get in touch with freshforex, you can either use the live chat, call, email or use the online form.

We like to see brokers with multiple communication channels and we applaud freshforex for doing this but the customer service itself is dismal. It appears freshforex opinions of you and its other clients are that you all are nothing more than a way to earn money and not actual people with lives, families, hopes, and dreams.

The freshforex team has proven itself a poor excuse for a forex broker. How it has managed to remain in business for this long is quite shocking. A simple search reveals a plethora of negative freshforex reviews from traders who have been flat out robbed of their deposits and profits by this fraud broker.

Freshforex accounts

Freshforex offers three types of accounts:

Classic

Market pro

None of these three accounts have a minimum deposit, however, freshforex does have a recommended minimum deposit, which can only be seen as a marketing ploy. Each account also uses a market execution for its order execution. There is no minimum order size nor are there any maximum total volumes. There are also market swap rollovers for each account and a 50% margin hedge and expert advisors available for each account as well.

Classic account

This account grants you access to both the MT4 and MT5 platforms. There’s a leverage o1:25 – 1:1000 which requires a margin of 0.1%. This account has fixed spreads which start from 2p with the same minimum limit and stop level. The maximum order size is 20 lots with the maximum being 100 lots. No commission is available with the exception of cfds on the investment portfolio and corporate stocks.

Market pro

This account only has the MT4 platform available. It’s recommended minimum deposit is $400 and its leverage is 1:25-1:500. Floating spreads starting from 0.9p.. There’s no minimum limit or stop level and the maximum order size is 100 lots. No commissions are available except for investment portfolios.

ECN account

MT4 and MT5 platforms are available for this account. The recommended minimum deposit is $2000 and the leverage is the same as the market pro account, 1:25-:1:500. This account has the lowest spreads which start from p and there’s no minimum limit or stop level. Trading inside the spread is also allowed. The maximum order size is 10,000 lots and commission starts at 0.003% per contract.

Freshforex bonus

One of the ways many brokers attract new clients is through the use of bonuses as well as competitions and offers. The freshforex scam is no different and has multiple offers as a way to attract new, unsuspecting clients, and retain some of their current clientele.

As of the writing of this interview, freshforex has six different promotions going on. The most notable one being the pushup bonus of $200 which has the image of a women’s bra filled with cash. How you feel about that is up to you.

In regards to the bonus, it is a no deposit welcome bonus that is offered on to new clients. No deposit bonuses are a great way to help you start trading, however, the case with many brokers is that it comes with some ridiculous terms. So even if you do make a profit, you have a trade an extremely high volume in order to do any form of withdrawal. This is undoubtedly the case with freshforex as many traders have shared their experiences on forums across the web.

Freshforex platforms

The metatrader platform is well known throughout the online trading world and is used by all types of brokers. While many only employ the MT4 platform, freshforex surprisingly offered the more complex and less popular MT5 platform. On the surface, this may seem to make freshforex legit. After all, both of these are highly respected platforms.

However, simply because freshforex offers both of these platforms is no reason to ignore the red flags that show up whenever you look into this broker. Metatrader platforms are popular and quite easy to access which is why untrustworthy brokers, as well as the revered and trusted ones, use them.

Freshforex review conclusion

There are many attractive things about freshforex, the well-designed website, generous no deposit bonus, multiple trading platforms and even the false positive online reviews.

However, when you look beyond that, you see the true freshforex fraud. It is a broker that only out to line its owners’ pockets and empty yours. For your sanity and the safety of your money, we advise you steer clear of freshforex.