General information about FreshForex
Broker FreshForex has been working in the financial sector since 2004. Today FreshForex offers users a wide range of services, including operations in Forex, CFDs on metals, indices, securities and energy, a variety of cryptocurrencies, as well as the Smart Bridge Technology transaction hedging service. In addition, the broker offers its clients the opportunity to learn how to trade, extensive bonus and partner programs, as well as round-the-clock technical support.
Broker benefits
+ Extensive work experience. FreshForex has been successfully operating in the market for 16 years and is one of the most rated financial organizations, which testifies to its high status, reliability and professionalism.
+ Favorable trading conditions. The leverage reaches 1:2000, there are more than 140 trading instruments, which implies ample opportunities for investment and stable earnings in the financial market.
+ No starting deposit — clients can invest any amount. The conditions are optimal for experienced investors and beginners.
+ Free analytics at a professional level. Analytical forecasts from the company’s specialists allow traders to invest their funds more profitably, to understand in detail market trends and directions of possible movement of asset prices. In addition, the company’s specialists create investment portfolios, which greatly facilitate the selection of instruments for trading.
+ Honest and transparent bonus policy — currently there are several bonus programs on the service: “Drawdown bonus 101%”, Cashback, “Deposit bonus 300%”, swap cancellations are often carried out and rewards for trading are issued. The conditions for each promotion are detailed on the official website of the company.
+ Instant execution of orders with tight spreads. FreshForex servers are located in close proximity to the trading servers of the main financial markets, forming a network of trusted liquidity providers. When important financial news appears, clients are provided with instant execution of transactions (Market Execution) in 0.05 seconds, fairly narrow spreads and optimal prices are formed.
+ No commissions when making deposits. Despite the payment method, payment will not be charged. If the commission is nevertheless taken, the broker will refund it.
Trading conditions
Investors can use the following assets, which are available on all accounts:
- 52 Forex pairs
- 5 CFDs for precious metals
- 63 CFDs for shares
- 11 CFDs for indices
- 17 CFDs for cryptocurrencies
Currency pairs are the most demanded trading instrument among investors. Due to the high volatility indicator, you can get a stable income with this type of instrument. As for shares, the broker’s clients earn on shares of Nvidia, Qiwi, Apple, Ebay, Intel, etc. If you have sufficient experience, you can use various options for energy sources to earn money. All categories of investors can use Forex, CFD and stock market heatmap.
Trading platform
The terminals MetaTrader4 and MetaTrader5 are provided for activities on the market. The programs open access to transactions with any accounts. When MT5 is connected, the Swap Free option will be inactive. If it is important for work, you should to register an account in MetaTrader4. Additional servers include VPS for the permanent functioning of trading advisors and “FreshForex Easy bot“, which demonstrates actual recommendations through a telegram channel. Also, for convenience, you can trade directly on the website by choosing MetaTrader4 or Metatrader5 online.
Account types
Classic — an account with the ability to perform operations with currency and other underlying assets. An investor can use 130 trading instruments with a leverage of 1 to 2000. The minimum order is 0.01 lot. Spread from 2 pips.
Market Pro — recommended for advanced users, including traders working at minimal intervals (scalpers). Leverage from 1 to 25 to 1 to 1000. Floating spread from 0.9 points.
ECN provides access to transactions in the interbank market at market prices. Execution of applications for the purchase or sale of an asset – up to 0.05 seconds. Spread size – from 0 pips. There is a commission from 0.003% per contract.
Swap Free is a special account recommended for investors who open and operate long-term trading positions. There is no fee for transferring positions to subsequent trading sessions (swap), but a fixed commission is paid. If necessary, this option can be activated in other trading accounts.
ProCent is a cent account for transactions in real market conditions with virtually no risk. This type of account is optimal for inexperienced users and investors who use trading advisors. Two special promotions have been created for him: Cashback for cent accounts and a no deposit bonus of 300 cents.
Trader education
FreshForex has an extensive training system, which includes online trainings, video tutorials with expert comments, as well as various thematic literature. According to user reviews, the basic Forex trading training course allows you to master the necessary trading skills in a short time.
Weekly webinars are held on FreshForex, where experts provide clients with an overview of the market situation, offer ready-made trading strategies and introduce them to the possible consequences of the publication of important news. During webinars, users can consult with experienced analysts online, learn from their experience and knowledge.
Trading strategies
Various strategies can be used on the broker’s platforms — short-term, medium-term and long-term. Thanks to a wide range of financial instruments and powerful analytics, it is possible to study in detail the behavior of the market and the movement of the value of individual assets.
Plus, FreshForex is a great option for news-based transactions and scalping. To make scalping profitable, the client can activate the rebate bonus and compensate up to $20 per lot.
To select the right strategy, clients can use:
- Determination of the asset level
- Fundamental analysis
- Analysis by Murray levels
- Wave analysis
- Option analytics
- Analysis of margin positions
Additionally, a calendar of future events, MetaQuotes news and a schedule of working sessions are available on the broker’s website.
Awards and geography
Currently, FreshForex operates in more than 158 countries with a huge number of active users. The broker has about thirty awards, including Best Trading Experience, Best Trading Conditions Award, Best Bonus Program and Best Customer Service (from MasterForex-V). An additional factor testifying to the reliability of the organization is the availability of liquidity providers with a European license.
Is it worth trading with FreshForex
Clients are offered several accounts for various trading options and more than 140 financial instruments. The extensive training section helps not only beginners in mastering the basics of trading, but also experienced investors who want to develop their skills. You can work with this company, especially since there are extensive bonus and partner programs, where everyone who does it can earn extra money or receive points for use when performing transactions in the market.