This profile is currently being reviewed by the BestForex.io editorial team. Some information may be incomplete or subject to change.
FreshForex Review
FreshForex is run by Riston Capital Ltd from Saint Vincent and the Grenadines, a country that issues no forex license at all, so real oversight is minimal.
Min Deposit
$25
Spreads From
0 pips on ECN, 0.9 pips on Market Pro, 2 pips fixed on Classic
Max Leverage
1:2000 on Classic, 1:1000 on Market Pro and ECN
Platforms
MetaTrader 5
Pros
- Long operating history in the market since 2004 under the same brand
- Very low technical minimum deposit of around $25 on the Classic account
- Leverage as high as 1:2000 is available on the Classic account
- ECN account offers floating spreads from 0 pips for active traders
Cons
- Registered only in Saint Vincent and the Grenadines, which issues no forex license
- No license from a major regulator like the FCA, ASIC, or CySEC
- Extreme 1:2000 leverage on an unregulated account adds real risk
- Reports describe the Bank of Russia flagging FreshForex for unauthorised activity
FreshForex has traded under this name since 2004. The company behind it is Riston Capital Ltd, registered in Saint Vincent and the Grenadines. That country's regulator states plainly it issues no forex trading license at all, so any claim of being regulated there is misleading. FreshForex holds no license from a major authority such as the FCA, ASIC, or CySEC.
The broker runs three main account types. Classic starts near $25, with fixed spreads from 2 pips and leverage up to 1:2000. Market Pro and ECN need a bigger deposit, offer floating spreads from 0.9 and 0 pips, and cap leverage at 1:1000. Such high leverage on an unregulated account adds real risk.
FreshForex markets itself heavily through bonuses, including a live 300 percent deposit bonus and a 202 percent drawdown bonus at the time of writing. Offers this large usually carry strict volume conditions before profit can be withdrawn. Reports also describe the Bank of Russia flagging the broker for unauthorised activity.
Min. Deposit
USD 25
Max Leverage
1:2000 on Classic, 1:1000 on Market Pro and ECN
Spreads From
0 pips on ECN, 0.9 pips on Market Pro, 2 pips fixed on Classic
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
