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FreshForex Forex broker specializes in providing foreign exchange trading services, the company's official website http://take-profit24..., the company's legitimate regulatory information to enhance the security of the company's address Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines.

FreshForex Forex Broker

Basic Information

Registered Region

Saint Vincent and the Grenadines

Operating Period

Company Name

FreshForex.

Abbreviation

FreshForex

Company employee

Company Website

http://take-profit24.com

Company address

Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines.

Keywords

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

BASIC INFORMATION FreshForex, operated by Riston Capital Ltd, is an offshore brokerage established in 2004 and registered in Saint Vincent and the Grenadines. The broker provides over 130 financial instruments to clients from over 200 countries worldwide, as well as a range of educational tools for both beginners and experts. REGULATORY INFROMATION No valid regulatory information Please be aware of the risk! MARKETS FreshForex offers six main asset classes: · Currencies – Trade on over 40 currency pairs including the EUR/USD, GBP/USD and GBP/EUR · Cryptocurrencies – Access 5 of the most popular cryptos, including Bitcoin and Litecoin · Stocks – Trade 60 CFDs on corporate stocks, including Microsoft and Ford · Indices – 11 global indices are available including the FTSE 100 and NASDAQ · Precious metals – Trade gold and silver CFDs on spot markets · Energies – Trade on oil and gas SPREADS & COMMISSIONS Spreads at FreshForex are fixed with the Classic account at 2 pips for the EUR/USD and 3 pips for the GBP/USD. Spreads are floating with the Market Pro account, starting at 1.3 pips for the EUR/USD. These are by no means the tightest spreads out there. Minimum spreads at regulated brokers such as XM start from 0.1 pips, for example. Commission is charged with the ECN account, starting from 0.0030% for forex. Other charges include overnight swap fees which are tripled from Wednesday to Thursday. Overall, FreshForex is a relatively expensive broker to trade with. LEVERAGE The maximum leverage accessible with the Classic account is high at 1:2000. The Market Pro and ECN accounts cap leverage at 1:1000, but even this is higher than most. These leverage rates should be approached with caution as they can seriously increase losses as well as returns. ACCOUNT TYPES Accounts at FreshForex are rather confusing. The website presents several account types – Real, Partner, Pro Cent, etc. Information is provided on three accounts within the contract specifications page: Classic account, Market Pro account, and ECN account. There is no minimum deposit requirement, though they recommend $200 for Classic, $400 for Market Pro, and $2,000 for ECN. Base currencies are USD, RUB, EUR, and BTC. All assets are available in all three accounts, as well as the MT4 and MT5 trading platforms. Spreads are fixed with the Classic and floating in the other two accounts and all require a minimum order size of 0.01 lots. Islamic swap-free accounts are also available at request. PAYMENT METHODS Deposits FreshForex offers over 20 fast and free funding methods, including credit/debit cards, e-wallets, cryptocurrencies, Malaysian bank wire, and local deposits in Africa. Deposit requests need to be made within the personal client area, by completing the online payment form. The minimum deposit amounts for cards are 10 USD/EUR. Minimum deposits with other payment methods vary. Note, PayPal is not available. Withdrawals Most of the same methods are available, including cards, e-wallets, cryptos, and Malaysian bank wire. Fees are charged for withdrawals, which range from 0.5% for FasaPay and Perfect Money, to 2.5% for cards. The only free e-wallet method is OnlineNaira, though the withdrawal currency is Nigerian Naira. Withdrawal times for cards and Malaysian banks are 1 – 5 business days and e-wallet applications are processed within 10 minutes. Minimum and maximum withdrawal amounts vary depending on the method and can be found on the website. TRADING PLATFORMS · MetaTrader WebTrader · MetaTrader 4 · MetaTrader5 ACCEPTED COUNTRIES FreshForex accepts traders from Australia, Thailand, Canada, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries. Traders cannot use FreshForex from United States, United Kingdom, Spain, Japan, Korea TRADING HOURS Trading times for forex are Monday to Friday from 00:05 am to 24:00 midnight EET (UTC+2, UTC+3 during the summer). Precious metals hours are Monday to Friday from 01:00 to 24:00 EET. Most cryptocurrencies are available 24/7. Specific timings on stocks and indices vary. CUSTOMER SUPPORT You can contact support via: · Email – info@freshforex.com · Telephone number – +442070992124 · Live chat – accessible from the top of the page · FreshForex is headquartered at St. Vincent and the Grenadines, Kingstown, Beachmont, P.O. Box 1510, Suite 305 Griffith Corporate Centre.

FreshForex broker review

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Freshforex Complete Account Guide: Registration, Account Opening, and Login Processes Freshforex is a prominent online forex broker that has been providing trading services since 2004. With a reputation for favorable trading conditions, various account types, and a user-friendly platform, Freshforex

Freshforex Broker - Complete Information Guide

1. Overview of the Broker

　　Freshforex, officially known as Riston Capital Ltd, was established in 2004. The broker is headquartered in Kingstown, Saint Vincent and the Grenadines, and operates primarily as a private entity. Freshforex caters to a global clientele, focusing on retail forex trading while also providing services to institutional clients.

　　Over the years, Freshforex has developed a strong presence in the forex market, recognized for its competitive trading conditions and customer-centric approach. The broker has received numerous accolades, including over 20 international awards for its services and trading conditions. Notably, it has carved a niche for itself in the CIS region and is increasingly appealing to traders in other parts of the world.

　　The business model of Freshforex is primarily centered on retail forex trading, offering a range of financial instruments, including forex pairs, CFDs on stocks, commodities, and indices. This diverse product offering allows traders of all experience levels to engage in various trading strategies and manage their portfolios effectively.

2. Regulation and Compliance Information

　　Freshforex operates under the jurisdiction of Saint Vincent and the Grenadines and is regulated by the Financial Services Authority (FSA) of SVG. The regulatory number assigned to Freshforex is 20623 IBC 2012. However, it is crucial to note that the regulatory framework in SVG is not as stringent as that of top-tier regulatory bodies such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC).

　　The broker has implemented several measures to ensure compliance with international standards, including Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. Client funds are kept in segregated accounts to enhance security, ensuring that traders' investments are protected in the event of financial difficulties faced by the broker.

　　While Freshforex lacks a robust regulatory license, it strives to maintain a transparent and secure trading environment for its clients, aiming to build trust through its operational practices.

3. Trading Products and Services

　　Freshforex offers a comprehensive range of trading products, providing access to more than 270 financial instruments. This includes:

Forex Pairs: Traders can access over 49 currency pairs, including major, minor, and exotic pairs.
CFDs: The broker provides CFDs on various asset classes, including:
Indices: A selection of global indices, allowing traders to speculate on broader market movements.
Precious Metals: Trading opportunities in gold, silver, and other metals.
Energy Products: Options to trade oil and natural gas.
Stocks: CFDs on shares from major corporations.
Cryptocurrencies: Although Freshforex previously offered cryptocurrency trading, this option is currently not available.

　　Freshforex frequently updates its product offerings, ensuring that traders have access to a wide variety of instruments to suit their trading strategies. The broker is particularly focused on providing retail trading services, with user-friendly platforms and educational resources to support traders in making informed decisions.

4. Trading Platforms and Technology

　　Freshforex supports two of the most popular trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are renowned for their reliability, advanced charting capabilities, and compatibility with automated trading systems through the use of Expert Advisors (EAs).

MT4: This platform is widely used for forex trading due to its user-friendly interface and extensive technical analysis tools. It is available on desktop, mobile, and web versions, allowing traders to access their accounts from various devices.
MT5: An advanced version of MT4, MT5 offers additional features, including more technical indicators and timeframes, making it suitable for traders looking for comprehensive market analysis.

　　Freshforex does not offer a proprietary trading platform; instead, it focuses on enhancing the functionality of MT4 and MT5. The broker also provides VPS hosting for traders using EAs, ensuring uninterrupted trading and optimal performance.

　　The execution model employed by Freshforex includes ECN (Electronic Communication Network) and STP (Straight Through Processing), enabling quick order execution without requotes. This technology infrastructure supports high-speed trading and competitive spreads, contributing to a positive trading experience.

5. Account Types and Trading Conditions

　　Freshforex offers several account types to cater to different trading needs:

Classic Account: Recommended for beginners, this account type has a minimum deposit requirement of $10 and features fixed spreads starting from 2 pips.
Market Pro Account: Designed for more experienced traders, this account offers floating spreads starting from 0.9 pips and is suited for scalping and day trading strategies.
ECN Account: This account provides direct access to interbank liquidity with spreads starting from 0 pips. A minimum deposit of $2,000 is recommended to fully utilize its features.
Cent Account: Ideal for novice traders, allowing them to trade in smaller increments with minimal risk.

　　All accounts support a leverage of up to 1:2000, enabling traders to control larger positions with smaller capital. The minimum trade size across accounts starts at 0.01 lots. Freshforex also imposes overnight fees on positions held beyond the trading day, which vary based on the asset class.

6. Fund Management

　　Freshforex provides a variety of deposit and withdrawal options to facilitate fund management:

Deposit Methods: Traders can fund their accounts using various methods, including:
Bank Transfers
Credit/Debit Cards (Visa, Mastercard)
E-wallets (Skrill, Neteller, Perfect Money)
Cryptocurrencies

　　The minimum deposit requirement is $10, and deposits are typically processed instantly without any fees. However, traders should be aware that third-party payment providers may impose fees based on their policies.

Withdrawal Methods: Withdrawals can be made through the same methods used for deposits. Freshforex does not charge withdrawal fees, but certain methods may incur charges from payment providers. Withdrawal requests are processed within 10 minutes during business hours.

7. Customer Support and Educational Resources

　　Freshforex offers comprehensive customer support and educational resources:

Support Channels: Traders can reach the support team via:
Email
Live Chat
Phone

　　Customer support is available 24/5, ensuring that traders can receive assistance when needed. The broker also provides multi-language support, catering to a diverse client base.

Educational Resources: Freshforex is committed to educating its clients through various resources, including:
Webinars: Regularly scheduled sessions covering trading strategies and market analysis.
Tutorials: Interactive guides to help traders understand the trading platform and market dynamics.
Market Analysis: Daily reports and forecasts prepared by in-house experts to assist traders in making informed decisions.

8. Regional Coverage and Restrictions

　　Freshforex operates in various markets globally, accepting clients from over 158 countries. However, it does not provide services to residents of certain jurisdictions, including:

United States
United Kingdom
Spain
North Korea

　　The broker's operations are primarily focused on the CIS region, but it is expanding its reach to other markets as well. Freshforex aims to provide a flexible trading environment while adhering to the regulatory requirements of the regions it serves.

　　In conclusion, Freshforex is a well-established forex broker that offers a wide range of trading products and competitive conditions. While it lacks top-tier regulatory oversight, it has built a solid reputation over nearly two decades in the industry. With a focus on providing educational resources and customer support, Freshforex is particularly appealing to novice traders looking to enter the forex market.