FreshForex is a Russian Forex broker founded in 2004 with more than ten years of experience in the trading industry. Immediately after the launch of its official website, the company was officially licensed to operate in the Forex market. FreshForex was owned by the Russian company Riston Capital LTD. This broker is regulated by the Centre for the Regulation of OTC Financial Instruments and Technologies (CRFIN) in Russia. FreshForex Broker is available for countries other than Estonia, Iraq, North Korea, Latvia, the UK and the US. A good thing about this broker is that it offers rare Islamic accounts despite strict requirements. FreshForex needs to go the extra mile to ensure that everything goes smoothly with all actions.
FreshForex has very high scores on most online reviews due to the quality and secure services it offers traders. The design of the site looks smooth and flat, which is very friendly for new traders. All menus and buttons are in the right places to simplify navigation. This broker has special features such as financial news, market movements of currency pairs and training materials.
FreshForex also offers CleverFX, a Forex encyclopedia where clients can read well-written articles from experienced traders about facts about forex trading. Traders can also use Huckster, a shop for Forex trading systems where they can select the most powerful trading advisors, indicators and scripts.
FreshForex’s Trading Platforms
FreshForex has only one trading platform, the MetaTrader 4 (MT4). This is not necessarily a bad thing as it is the most widely used platform in the world. A FreshForex trader can use nine timeframes, an unlimited number of charts, custom scripts, expert advisors, a variety of indicators and graphical tools, real-time data export and many more options.
MetaTrader4 enables automated trading, scalping, hedging, trailing stops, one-click execution and margin interest. Retailers have access to mobile notifications and market analysis via MT4. Another great thing about this platform is that it’s available for desktop and mobile devices. MT4 documentation and countless user forums help customers achieve successful trading.
Trading conditions at Think Markets
Trading FreshForex is effortless with its good trading conditions. The broker offers a variety of trading instruments, including currency pairs, differential contracts (CFDs), commodities, metals, equities, oil, gold, indices and other futures. The best thing about FreshForex accounts is the minimum deposit of 25 USD. It is minimal compared to other online Forex brokers. This amount of money is acceptable to any aspiring trader who does not want to immediately tie himself to a broker.
FreshForex offers a demo account through which traders can test the broker’s trading system. The maximum leverage of FreshForex is 1: 1000. There are no commissions and the spreads are variable. Separate accounts and institutional accounts are not allowed by this broker. As mentioned earlier, Arab countries can open Islamic accounts. Customers from the US and UK are not allowed to trade with FreshForex brokers as their rules are different from those of European brokers.
Recharge your FreshForex account
All common deposit and withdrawal methods are supported by this broker. When financing a merchant account, customers can use their credit cards such as Visa, Mastercard and China UnionPay. Digital wallets such as Neteller, Skrill and Webmoney are also available in FreshForex. Simple methods of depositing funds such as ATMs and bank transfers are very easily accessible. Most methods except bank transfer can be displayed immediately on a merchant’s account.
Withdrawing money is almost as easy as deposits. E-wallets used for withdrawals can be confirmed within ten minutes on weekdays, while other methods can take 24 hours to 2-6 business days. The time frame of FreshForex is very small compared to some other Forex brokers.
Conclusion
FreshForex is a typical Forex broker that has been operating on the market for more than ten years. With more than a decade of experience, this platform has been considered equally suitable for beginners in the field and advanced traders who need more options and features to choose from. It also has a customer-friendly website where numerous trading functions are available. FreshForex is a reliable and trusted Forex broker.
