No License, Scam

Score

1.8

FreshForex

Saint Vincent and the Grenadines

5-10 years, Suspicious Regulatory License

Score

1.8

Regulation

0

License

1

Business

3

Software

2

Risk Control

1

1.8

Scam

Licenses

Basic Information

Registered Region

Saint Vincent and the Grenadines

Contact Number

Operating Period

5-10 years

Company Website

https://freshforex.com/

FreshForex, an online brokerage platform, offers a wide range of trading instruments. They provide their clients with the popular MT4 and MT5, known for their advanced features and user-friendly interface.

However, it is important to note that FreshForex currently operates without valid regulation or oversight from a government or financial authority. This lack of regulation raises concerns about the safety and security of investors’ funds and the transparency of their operations.

 

Forget other brokers

 

Founded 2009
Registered Country/Region Saint Vincent and the Grenadines
Regulation Unregulated
Market Instruments 270+, forex, CFD
Demo Account
Islamic Account
Min Deposit $10
Leverage 1:25 – 1:2000
Spread Fixed from 2 pips (Classic account)
Trading Platform MT4 and MT5
Customer Support $5
Customer Support 24/5 live chat, Telegram

Tel: +442070992124 (from 07:00 to 16:00 GMT)

Email: [email protected]

 

Is FreshForex Legit?

FreshForex is currently operating without proper regulation, indicating a lack of oversight from government or financial authorities. This lack of regulation brings about risks when considering investing with them.

Therefore, it is recommended to conduct comprehensive research and carefully evaluate the potential risks and rewards before deciding to invest. It is generally advisable to choose regulated brokers to ensure the safety and protection of your funds.

 

Market Instruments

FreshForex offers 270+ trading insruments, including forex and CFDs.

 

Leverage

FreshForex provides flexible leverage ranging from 1:25 to 1:2000, which can be attractive to traders seeking higher returns with a smaller initial investment.

However, it is important to understand that while high leverage can lead to significant profits, it also comes with increased risks. The higher the leverage, the greater the potential for both gains and losses. Traders is supposed to be aware that losses can also be magnified, and even a small unfavorable price movement can result in a substantial loss.

 

Trading Platforms

FreshForex offers its clients the popular MT4 and MT5. These platforms are widely recognized in the industry for their advanced features, user-friendly interface, and extensive trading capabilities.

MetaTrader 4 (MT4):
MT4 is a well-known and widely used trading platform, offering a comprehensive set of tools for traders of all levels. It provides a range of features such as real-time price quotes and various order types for efficient trade execution.

MetaTrader 5 (MT5):
MT5 is the successor to MT4 and offers even more advanced features and capabilities. In addition to everything available in MT4, MT5 provides access to additional markets, including stocks and futures. It offers a more extensive selection of technical indicators and charting tools for in-depth analysis. Like MT4, MT5 allows for the creation and use of EAs, offering the flexibility to automate trading strategies.