FreshForex Journal

Journal status: live
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FreshForex Profile
Year
2004
Country
SVG
Branches
2
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х Belgium, France, Iraq, North Korea, Spain, UK, US
Broker type
STP, DMA, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
50 ms
LPs total
3
LPs quality
not disclosed
LPs names
not disclosed

FreshForex Accounts
STP
ECN
Minimum Deposit
1 $
1 $
Leverage
1000 : 1
1000 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
0.9 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
100 lots
10000 lots
Margin Call
100 %
100 %
Stop Out
40 %
60 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, WebMoney, FasaPay, Skrill, Neteller, Bitcoin, OnlineNaira, Local Transfer Malaysia, M-Pesa, ADVCash, EazzyPay, Airtel Money, Perfect Money, Bitcoin Cash, Litecoin, Tether, Ethereum, Ripple, DAI, Zcash, USD Coin, TrueUSD, Tigo Pesa
Base currency
USD, EUR, RUB, BTC
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

Is FreshForex safe?

  • Investor protection: no
  • Regulation: not regulated
  • Registration: FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is FreshForex trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • FreshForex website: highly detailed, updated ★★★★★
  • FreshForex popularity (by visitor count): average ★★★

How FreshForex works



*A liquidity provider is a partner of the company: a broker, bank or exchange offering streaming feeds and used by the company to hedge clients trades.

1.6. Company is the main contractor of Client in the process of conducting trading transactions.
1.7. Company at its sole discretion covers trades through liquidity providers and reserves the right to amend or cancel any trade operation based on the results of coverage, in such case terms of liquidity provider have precedence over trading terms and regulatory documents of the Company
1.8. Company is not obliged to execute trading orders of the Client that require more profitable quotes that quotes offered to the Client in the Client trading platform.

2. Quotes
2.1. Company calculates quotes on all Financial Instruments in real time mode based on market terms, streaming quotes (liquidity) and from time to time provides Client with these quotes as the Market Snapshots.

2.2. All quotes that the Client retrieves through the client terminal are indicative and represent Bid and Ask prices obtained from liquidity providers.

2.3. Charts in the Trading platform are based on Bid prices only.

2.4. Client acknowledges that:
2.4.1. Company has the right not to provide the Client with those quotes that remain the same from the moment of submission of the last Market Snapshot;
2.4.2. Client may receive not all quotes through the Client terminal that were delivered in the quote feed from liquidity providers of the Company in the period between Market Snaphots;
2.4.3. Company has the right to synchronize historical base of quotes on the Trading server with other sources. Company shall undertake all the efforts to keep the base of quotes in the proper condition, but is not responsible for the quality of historical data.

2.5. All issues concerning determination of prices within trading platform of the Company are under sole competence of the Company. When Client requests a quote from the Company, it may differ from the current rate of other sources depending on the market state. The Company assumes that these quotes will correspond to the certain extent to Ask and Bid prices in the market for similar transactions at present moment, but several factors, such as latency of data exchange within communication media, large volumes or volatility, may lead to the difference in quotes of the Company and those from other sources. The Company does not guarantee that its quotes will correspond to the current Ask and Bid prices in the market. Any references of the Client to the quotes from other trading or information systems are powerless.

if liquidity provided by the suppliers is not enough to execute the order in full at the price, specified in the order. In these cases, execution is based on the next available prices in the pad of quotes until specified volume is not executed in full. If order is executed on several levels of the pad, Client terminal shows weighted average price. If liquidity is absolutely absent, pending order may be canceled by Company. In this case the order is marked as “started/gap”, “sl/gap” or “canceled by dealer” in MetaTrader 4 platform, for MetaTrader 5 these comments are not provided.


ECN
Trading inside spread
High liquidity
Prompt switch to interbank



Comments

Gregoria

The spreads on their ECN account are pretty decent, especially for major pair scalping. Minor pairs can also be traded, but major pairs are better for scalping.

Rebekka

I haven't encountered any signs of scams in my trading account, and all my transactions have been successful, typically processed within 2 days, with most taking only 2-3 hours.

Ruuben

The VPS they offer on their website makes trading with robots feasible. Just be sure to select an ECN account for better results with automatic trading.

Vanessa

Continue your wonderful effort! I adore this firm since they updated their trading servers to reduce latency for the trades I execute there. Even I don't see any requotes, making the broker even more deserving of a recommendation.

Levan

You can keep up with the weekly updates to the market since the educational method is so straightforward. They never discuss trade basics in their seminars; only talk about technicals

Enis

The bonus has already run its course. Check out the greater incentives available on FreshForex websites, since they strive to reduce the risks associated with their customers' deals.

Ivar

This company's service has left me entirely happy. Instead of merely providing greater trading margin, which is dangerous for me, their deposit bonus also provides a fantastic advantage to hold the drawdown.




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