Forex broker companies are established all over the world and they try to attract clients with lucrative offers. Still, the main features of a broker company are trust and transparency. This is what clients appreciate the most. The Forex market is not only subject to the Western world anymore but has also arrived to the East. This review will show you how things are handled in the East and will represent one of the best Forex brokers there. This is a FreshForex review briefing you into the business of one of Russia’s most prominent broker companies.
FreshForex History
As we already said, this Forex broker is based in Russia and is open to domestic and international traders, except to citizens of the USA. The company can be considered a veteran in the business since it was established back in 2004. They are certified by Russia’s regulatory authority called the Center for Regulation in OTC Financial Instruments and Technologies (CRFIN). The CRFIN makes sure that the market runs smoothly, reducing the percentage of frauds and scams, as well as of market or customer manipulations. CRFIN works hard to offer transparency to clients; it warns off fake broker companies and keeps a blacklist of all banned brokers. Visit their website before you decide on a broker. No wonder that FreshForex is one of the most successful broker companies in Russia when it underlies the strict policy and laws imposed by CRFIN. This FreshForex review will outline everything you need to know about this longstanding Forex broker.
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FreshForex Trading Platform
Just like many other Forex companies, FreshForex goes with the most successful Forex platform in the world, i.e. MetaTrader 4. Many other brokers offer their own platform on top of MetaTrader 4. This is not the case with this Russian Forex broker. They only employ MT4 which matches all the needs of the majority of clients. With features like Stop Loss or Take Profit and automated trading options, it is the leader of all trading platforms. Download MT4 to your desktop and start participating in the most turbulent global market. There is also the FreshForex mobile app which can be downloaded to your smartphone devices (like iPhone or Android, etc.).
Account Types
If you want to join FreshForex, register with one of the following accounts:
- Demo account (free of charge and designed for the very beginners)
- Classic Account
- Market Pro account
The Demo account represents a simulation of the real market conditions and has an educational purpose to teach newly registered users the basis of Forex trading. Be aware that the simulated results do not correspond to real market conditions. The Classic and Market Pro accounts offer fixed and fluctuating spreads. Of course, fixed spreads are less risky and are especially preferred by beginners. Leverages may be between 1:100 and 1:500. There is no specified minimum deposit, but according to advisers around $200 is the amount that should get you started. Among others, you can choose between a partner account, ECN account or swap-free, i.e. Islamic account. The ECN is a very favorable method enabling you to trade against a third party instead of your broker. This means that there is no conflict of interest between you and your broker and the two of you fight on the same side against a third-party liquidity provider.
Deposit and Withdraw with FreshForex
FreshForex does not charge any commissions or fees on deposits or withdrawals. On the contrary, even the bank fees will be paid by this amazing broker. The Russians are also very swift with withdrawal requests, taking only up to ten minutes. This is great news for every customer since many experience complications with other broker companies when it comes to withdrawing profits. You can sign up with FreshForex today, depositing via Visa, Mastercard, bank transfer, Webmoney, Skrill, PayPal, Yandex and Money.
Amazing Bonus Offers
FreshForex bonuses are no peanuts. For example, The broker sometimes offers promotions like a $1,000 no deposit bonus. Bear in mind that this is not a regular offer. Other bonuses include refer a friend system, double your deposit, low spreads, spreads in half, 36% bonus per annum, 100% deposit bonus, etc. If you convince your friends to join FreshForex, you will get rewarded. The amount of your reward depends on the amount your friends deposit, as well as the number of friends who join.
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Customer Support
Customer Support is supposed to provide some sort of security to the clients, a base where they can get their issues resolved. It is very important to keep a well-informed and devoted customer support team. FreshForex offers a 24/5 customer sSupport, and they can be reached via e-mail or live chat. Also, the FreshForex website maintains an automatic Contact us form where you can simply share your questions and concerns with a personal manager. Live chat has become very convenient for many clients who appreciate when they get an instant reply via this means of communication. Join FreshForex to start your trading career and enjoy all the conveniences provided by this broker, as well as protection of your rights and security of your funds.
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More Top Forex Brokers
| Rating | Broker | Bonus | Regulator | Open Account | Read Review |
|---|---|---|---|---|---|
| xm | $5000 | CYSEC | Open Account | Read Review | |
| instaforex | 250% | FFMS | Open Account | Read Review | |
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N/A | CYSEC | Open Account | Read Review | |
| HYCM | $5000 | FSA | Open Account | Read Review | |
| eToro | UP TO $1000 | CYSEC, FCA | Open Account | Read Review |