FreshForex Review 2024

FreshForex

FreshForex has been operating since 2004. The broker is registered in Kingstown, Saint Vincent, and the Grenadines. FreshForex has won more than 20 International awards and these achievements include Best Trading Conditions according to FXDailyInfo in 2016 and Best Bonus Program in 2017.

Expert Review of FreshForex

This company is a proven partner of the Traders Union, the broker strictly fulfills its obligations for our traders and has been consistent for years. There are no hidden payments to the company, lucrative offers, and various bonus programs are provided. However, sometimes there are failures of both the trading platform and Personal account, but this is not the crucial factor.

The quality of the customer service is of a high standard, good materials on market analysis and trading information and training are provided, comfortable trading conditions – all these features can characterize FreshForex broker. This is beneficial for beginners to master the market and build a career, and experienced traders – to move up the career ladder confidently. However, FreshForex is not popular among the major investors, it is more preferred by beginner traders.

There are more than a hundred tools that they have on offer. However, FreshForex will not work for the fans of cryptocurrency as it does not provide these trading instruments. You can test your strengths at FreshForex with minimal risk not only on a demo account but also at the real market, starting with a deposit of 1 US dollar. There are no minimum amount of restrictions, also, you can pre-test the effectiveness of the strategy and master the software using a demoor cent account.

There are a lot of training materials on the official FreshForex website: from self-help instructions to video lessons. This Forex broker has also taken care of providing traders with analytical data by placing a set of effective market analysis tools in the corresponding section of the site.

FreshForex quickly updates quotes, works only with liquidity providers having the license of the European standard – it is another positive feature that is worth mentioning regarding this broker.

Investment Programs, Available Markets and Products of the Broker

The absence of the investment programs is a weakness of the FreshForex company. Previously, Fresh Forex provided an opportunity for passive investment up until 2016 but later closed it. At the moment, passive trading with this broker is possible only with the use of automatic advisers.

Flagman Invest is FreshForex investment platform that is now closed.

The main reason for the closure of the Flagman Invest platform was an in-depth analysis of the operation of PAMM services on the part of the company which showed that, in most cases, investors suffer losses.

The abandonment of the investment platform has made it possible for FreshForex to significantly minimize customer risks and make the bidding process as transparent as possible. Also, the level of security of trading operations has increased significantly.

Taking into account the situation that developed during the operation of the platform and taking into account the results that the company managed to achieve after its closure, this decision is a positive move for traders. and demonstrates the high level of responsibility that the company operates.

Detailed Review of FreshForex

FreshForex is one of the most famous Forex brokers in the CIS territory. FreshForex has been providing services for traders since 2004. During this time, the company has earned an excellent reputation amongst traders on the Forex Market due to its secure currency and securities and that it has been operating for over ten years. Due to the transparency of trading conditions, a free demo account, and the absence of restrictions on the minimum deposit (you can start trading on any account even with 1 US dollar), beginner traders can be confident to trade with low risk and accelerate a trader’s career at FreshForex. With its excellent conditions, most reviews about Fresh Forex are positive, and the company has earned many prestigious awards.

FreshForex is suitable for beginner traders

FreshForex places a large focus on beginner traders than on professional major investors. The customer reviews on this company show that they choose this broker because of the good trading conditions, the opportunity to not only open a free demo account but also to have a shot at the real market with minimal risks by opening a cent trading account. Also, beginners mention a large educational section on the FreshForex website dedicated to the traders’ education and training.

The company also provides bonus programs and free analytics. While fast execution of orders is one of the main advantages of this broker.

FreshForex trading terminals and services:

  • MetaTrader4/5 is one of the most popular trading terminals, which is appreciated for its ease of use and functionality. It allows you to work in financial markets, as well as with CFDs and futures. Also, the platform makes it possible to use, and even create by yourself, programs for automated trading. The platform works on all widespread operating systems: Android, iOS, MacOs, Windows, and Linux;

  • Web-terminal – the broker offers to use the web version of the MetaTrader 4 trading terminal, which is equipped with a large set of functions and has a high level of security. Advantages of the platform are the absence of the need to install it on a PC or smartphone/tablet, the possibility to trade from any type of account, as well as the availability of many trading instruments;

  • VPS-server from FreshForex – for uninterrupted operation. By renting an allocated virtual server, you can work with automated trading systems more efficiently. It provides round-the-clock high-speed Internet and gives access to all functions of the terminal from any device. To make it easier for traders to decide whether they need this service, the broker allows you to rent it for free for a day;

  • FreshForex Easy bot – for easy Forex trading. This is a virtual assistant that will allow you not to waste time analyzing charts: it will collect and show only relevant information. However, you should not fully trust automated programs and rely wholly on their recommendations because the data collected and provided by the bot can turn out to be inaccurate.

Bonuses Paid by the Broker

Insurance from Stop-out

FreshForex will compensate 50% of the insured deposit amounts.

200% for each replenishment

All the clients, both new and regular, are offered a bonus in the amount of 200% from the sum upon each replenishment of the account from 500 US dollars.

101%

101% under drawdown upon the replenishment from 500 US dollars and 30% upon replenishment for 100 US dollars.

No commission

No commission for the balance replenishment.

Cashback

By connecting to this service you can return spread up to 100%.

120% per annum on margin

The larger the closed volume of transactions is, the more additional funds the broker credits. The bonus percentage can be either put into the trade at the foreign exchange market or withdrawn.

Goldman

Goldman is a premium club that members can trade on individual terms. Among the available privileges are a personal consultant, an unlimited number of orders, and individual leverage.

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