FreshForex Review: Is This Broker Reliable or Not?

FreshForex review: FreshForex is an online broker with more than fifteen years of experience. Its clients come from more than 158 countries. It offers around 130 different assets, including forex, stock CFDs, energy CFDs, index CFDs and precious metal CFDs. Is it a trustworthy broker? Find out what we and its clients think of FreshForex in this article.

Who Is the Broker FreshForex?

FreshForex is an online broker founded in 2004. It is a brand operated by Riston Capital Ltd, which is registered with the Financial Services Authority of Saint Vincent and the Grenadines under registration number 20623 IBC 2012. The company is therefore registered as an International Business Company. In other words, it is an offshore company. FreshForex’s head office is at St. Vincent and the Grenadines Kingstown, Beachmont P.O. Box 1510, Suite 305 Griffith Corporate Centre.

On related topics, our articles “Colmex Pro review” and “FXVC review” are a useful complement to this one.

FreshForex Broker: Key Figures and Ratings

Here is a summary of the broker FreshForex:

Source: official FreshForex website

Instruments Offered by FreshForex

By signing up with FreshForex, traders get access to more than 130 financial assets, including:

• 48 forex pairs, including EURUSD, EURGBP and EURTRY,
• CFDs on precious metals such as XAUUSD and XAGUSD,
• CFDs on energies such as UK Brent and US Crude,
• CFDs on indices such as the US Tech 100 and Wall Street 30,
• CFDs on stocks such as Amazon.com Inc and Mastercard Inc.

Leverage Offered by FreshForex

FreshForex is a leveraged broker. Depending on the trading account type and its balance, it offers leverage from 1:25 to 1:2,000.

Can You Trust FreshForex?

As an IBC in Saint Vincent and the Grenadines, FreshForex is not required to:

• Meet capital adequacy requirements,
• Hold traders’ funds in segregated accounts,
• Set up a compensation scheme to cover possible insolvency.

In other words, trading with offshore brokers such as FreshForex is very risky. However, this broker has been active on the market for quite a few years. In almost 20 years of activity, it has built a good reputation, and it attracts clients with its appealing trading conditions.

Scams Involving FreshForex

Our research did not uncover any scams involving the broker FreshForex. Nevertheless, we recommend opening an account only through the official website https://freshforex.com/.

Awards Won by FreshForex

In more than 15 years of existence, the broker has won more than thirty awards, including:

• “Best trading conditions award” – 2017, from Best Forex Brokers Reviews,
• “The best forex bonus program” – 2017, from ProfitF,
• “Best Trading Experience” 2016, from fxdailyinfo,
• “Best client support” 2015, from MasterForex-V,
• “Dynamic Development”, IAFT Awards 2015,
• “Best Asian broker”, Shanghai Forex Expo 2015,

Is FreshForex Authorized by the AMF?

FreshForex is not a European broker. It is not regulated by the AMF and has not received authorization from the French regulator. In fact, its services are not offered in certain countries, including France.

Does FreshForex Have a Presence in France?

FreshForex has its head office in Saint Vincent and the Grenadines. It has no presence in France, and its website is not translated into French.

FreshForex Regulation

FreshForex belongs to an investment firm called Riston Capital Ltd, which is based in Saint Vincent and the Grenadines and registered there as an offshore company. A third-tier authority regulates its activities. It is therefore not as safe or as reliable as other brokers.

How Are Client Funds Protected?

According to its website, FreshForex fully protects traders’ interests. It works with well-known banks, licensed liquidity providers and first-rate data protection systems.

Deposits and Withdrawals at FreshForex

At FreshForex, traders can choose from around twenty deposit and withdrawal methods.

Deposits

FreshForex does not impose a minimum deposit. However, the broker recommends a certain minimum amount to start trading. These amounts vary by account:

• $200 for a Classic account,
• $400 for a Market Pro account,
• $2,000 for an ECN account.

Deposits are free of charge, and funds are credited to the account instantly.

Users can choose from several deposit methods, including:

• Visa, Mastercard or Maestro card,
• Webmoney,
• Skrill,
• Neteller,
• ePayService,
• FasaPay,
• ADVCash,
• Perfect Money.

Withdrawals

FreshForex processes withdrawal requests on business days from 05:00 to 14:00 Eastern European Time.

Traders can also choose from several withdrawal methods, including:

• Visa, Mastercard or Maestro card,
• Webmoney,
• Skrill,
• Neteller,
• ePayService,
• FasaPay,
• ADVCash,
• Perfect Money.

Withdrawals are subject to fees, the amount of which depends on the payment method used. These fees range from 0.5% to 3% of the amount withdrawn. The time it takes to receive the funds ranges from 1 to 10 business days, depending on the withdrawal method used.

What Trading Accounts Does FreshForex Offer in 2025?

FreshForex traders have access to several account types. Whatever account you choose, the broker imposes a few conditions:

• Accounts are reserved for traders aged over 18,
• Accounts are not available to citizens or residents of certain countries, including France, Belgium, Spain, the United States, the United Kingdom, Russia and North Korea,

FreshForex Live Account

FreshForex offers its clients a live account that lets them trade in real market conditions. A few steps are needed to open one:

• Go to the broker’s website,
• Click the account registration link,
• Fill in your personal details (country of residence, last name, first name, phone number, email address),
• Choose your account options (account type, currency, leverage),
• FreshForex then sends you one code by SMS and another by email,
• Enter these codes in the fields provided,
• Confirm the opening of a live account,
• Make a deposit.

At FreshForex, you can open up to 9 live accounts.

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FreshForex Demo Account

Beginner traders at FreshForex, or those who simply want to improve their strategies, have access to a demo account. The steps to open one are the same as for a live account, except that you need to use the demo account registration link.

FreshForex Islamic Account

FreshForex offers Muslim traders an Islamic account with the following features:

• This option is available on Classic, Market Pro and ECN accounts,
• The broker does not charge swaps but a fixed commission from $5 per lot.

To open an account, the steps are as follows:

• Open an MT4 trading account,
• Choose the Swap Free option.

FreshForex Trading Account Types

Traders have access to three different types of trading account:

• Moneta STP, best suited to beginner traders,
• Moneta ECN, suited to scalpers and Expert Advisors,
• Moneta Prime, suited to professional traders.

We have summarized the features of each account in the table below:

Source: official FreshForex website

FreshForex Fees

FreshForex charges the following fees:

FreshForex Spreads

FreshForex applies fixed spreads on Classic accounts and variable spreads on Market Pro accounts.

Forex Spreads

Here are examples of FreshForex forex spreads:

Stock CFD Spreads

Here are examples of FreshForex spreads on stock trading:

Energy CFD Spreads

Here are some FreshForex spreads on energy trading:

Index CFD Spreads

Here are examples of FreshForex spreads on index CFDs:

Metal CFD Spreads

Here are some examples of FreshForex spreads on metal CFDs:

Commissions

FreshForex charges commissions on some accounts.

ECN account commissions

FreshForex charges commissions when traders choose an ECN account. Here are some examples:

Islamic account commissions

Instead of swaps, FreshForex charges commissions on halal trading accounts. Here are some examples:

FreshForex Trading Tools

FreshForex offers several trading tools, including:

• Market analysis,
• Forecasts,
• An events calendar,
• Financial news,
• Trading sessions,
• A holiday calendar,
• Interest rates.

Education Offered by FreshForex

With FreshForex, traders have access to educational resources, including:

• An online guide for beginners,
• Basic tips from experienced traders,
• Forex webinars
• Video courses,
• Forex articles,
• A glossary,
• A forex encyclopedia.

Trading Platforms Offered by FreshForex

The broker FreshForex offers 3 different platforms:

• MetaTrader 4,
• MetaTrader 5
• MetaTrader Web Terminal.

The table below summarizes the features of these 3 platforms:

Source: official FreshForex website

Slippage and Order Execution at FreshForex

FreshForex uses market execution for its orders. Orders are filled at the price available on the market at the time of execution, from 0.05 seconds. Requotes never occur.

Customer Service Reviews

In the table below, we have gathered some reviews of FreshForex’s customer service.

Source: Trustpilot

How to Contact FreshForex

FreshForex offers the following channels to get in touch with its customer support:

• Live chat 24/5,
• Phone: +442070992124, available 24/5.

How to Become a FreshForex Affiliate in 2025

FreshForex has an affiliate program for those who want to monetize their time and reputation. To become an affiliate, a few steps are needed:

• Open an account by filling in a form,
• Get an affiliate link,
• Define your strategy,
• Tell your community about it,
• Make a profit.

FreshForex Compared with Other Brokers

We have put together a table comparing FreshForex with other brokers.

Sources: official websites of FreshForex, Vantage, InstaForex and eToro.

Summary: Pros & Cons

To round off our FreshForex review, here are its pros and cons.

Is FreshForex the Best Forex Broker in 2025?

Despite its positives, FreshForex is not one of the brokers we recommend. Instead, we suggest reputable, regulated brokers such as Vantage, whose reputation speaks for itself.

Have you used FreshForex and want to share your experience? Leave us a comment!