FreshForex Review 2026
Established in 2004
•
Saint Vincent
• FSA Regulated
FreshForex offers forex and CFD trading services with a 3.6/5 rating. Regulated by FSA, this broker offers spreads from 0.9 pips on EUR/USD with a minimum deposit of $0. Trade 200+ instruments including forex, CFDs, and more.
📊 FreshForex Overview
FreshForex (Riston Capital Ltd) is a well-established broker founded in 2004 headquartered in Kingstown, Saint Vincent. The broker operates under the supervision of FSA .
With access to 200+ tradable instruments including 46 forex pairs , 27 cryptocurrencies , 100 stocks , and various indices, FreshForex caters to diverse trading strategies.
| Legal Name | Riston Capital Ltd |
|---|---|
| Founded | 2004 |
| Headquarters |
Kingstown, Saint Vincent
|
| Primary Regulation | FSA (Tier 3 - Basic) |
| Instruments | 200+ assets |
| Min Deposit | $0 |
| Max Leverage | 1:2000 |
📖 FreshForex — In-Depth Introduction
With over 22 years of industry experience, FreshForex has established itself as a leading force in the forex and CFD trading space. While FreshForex is regulated by FSA, this offshore jurisdiction offers more limited investor protections compared to tier-1 regulators like the FCA or ASIC. FreshForex focuses on accessibility, requiring just $100 to open a live account—making it suitable for beginners testing the waters.
Company Background
FreshForex (legally Riston Capital Ltd) has been operating in the financial services industry for 22 years. Headquartered in Kingstown, Saint Vincent, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 200+ tradable instruments.
💸 FreshForex Fees — Complete Cost Analysis
Trading costs at FreshForex are reasonable, with 0.9 pip spreads on EUR/USD representing fair value in the current market. There are no commission fees on FreshForex's standard accounts. All trading costs are embedded in the spread, making it straightforward to calculate your expenses. For context, a day trader executing 5 round-turn trades daily at 1 lot each would pay roughly $45 in spread costs per day with FreshForex. Over a month (22 trading days), that's $990.
Trading Costs Breakdown
💡 Cost Calculator: FreshForex
Non-Trading Fees
| Fee Type | FreshForex | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is FreshForex Safe? — Complete Security Analysis
The 50/100 Trust Score reflects FreshForex's middle-ground approach to safety. Not the safest option available, but not the riskiest either. FreshForex's offshore regulatory status means fund protections may not include investor compensation schemes available in major jurisdictions.
Regulatory Framework
Limited investor protection. Exercise caution and only invest what you can afford to lose.
Security Features Checklist
Understanding the Trust Score
Our 50/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use FreshForex?
✅ Best For
- Beginners will appreciate FreshForex's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Muslim traders can benefit from FreshForex's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- FreshForex's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Traders prioritizing maximum safety may prefer tier-1 regulated alternatives with stronger investor protection schemes.
Looking for alternatives?
📝 The Bottom Line on FreshForex
FreshForex is a decent option worth considering with a 3.6/5 rating.
📈 FreshForex Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how FreshForex performed in our rigorous testing:
FreshForex is a decent choice but has areas that could be improved.
💰 FreshForex Fees & Spreads
Understanding trading costs is crucial for profitability. FreshForex uses a Variable spread model with no commission on standard accounts. The average EUR/USD spread is 0.9 pips — competitive compared to industry average.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.9 | 0.9 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | No commission |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with FreshForex:
- Spread Cost: 0.9 pips × $10/pip = $9.0
- Commission: $0
- Total Cost: $9.0 per lot
🛡️ FreshForex Regulation & Safety
FreshForex is regulated by FSA, a Tier 3 - Basic regulatory authority. While regulated, traders should be aware that offshore regulation may offer less protection than tier-1 jurisdictions.
📜 Regulatory Licenses
- FSA SVG 20623
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 50/100
Lower Trust: Exercise caution and verify all regulatory claims independently.
🖥️ FreshForex Trading Platforms
FreshForex offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 FreshForex Tradable Instruments
FreshForex offers access to 200+ tradable instruments across multiple asset classes. This includes 46 forex pairs , 27 cryptocurrencies , and 100 global stocks.
👤 FreshForex Account Types
FreshForex offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 FreshForex Deposits & Withdrawals
FreshForex requires a minimum deposit of $0 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ FreshForex Pros & Cons
✅ Pros
- Competitive spreads with average 0.9 pips on EUR/USD
- Regulated by FSA with investor protection
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Offshore regulation offers less protection than tier-1 jurisdictions
- Limited educational resources for advanced traders
📚 FreshForex Education & Research
FreshForex's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 FreshForex Customer Support
FreshForex offers customer support to assist traders with their queries.
⭐ FreshForex User Reviews
📝 User reviews will be displayed here. Share your experience with FreshForex!
Write a Review🏆 FreshForex — Our Verdict
FreshForex is a decent broker with some limitations. With FSA regulation, 0.9 pips EUR/USD spreads, and a $0 minimum deposit, this broker is particularly accessible for beginners .
Best for: Beginners with limited capital , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ FreshForex — Frequently Asked Questions
Is FreshForex a safe and regulated broker?
Yes, FreshForex is regulated by FSA, which is a Tier 3 - Basic regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at FreshForex?
The minimum deposit at FreshForex is $0. This means you can start with any amount. This is considered low and accessible for beginners.
What trading platforms does FreshForex offer?
FreshForex offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are FreshForex's spreads on EUR/USD?
FreshForex offers EUR/USD spreads with an average of 0.9 pips. The broker uses Variable spreads.
How long do withdrawals take at FreshForex?
Withdrawal processing times at FreshForex depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does FreshForex offer a demo account?
Yes, FreshForex offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is FreshForex's maximum leverage?
FreshForex offers maximum leverage of 1:2000. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:2000 may be available
Higher leverage increases both potential profits and potential losses.
Can I use FreshForex in ?
FreshForex accepts traders from . The broker operates under FSA regulation. Always verify current availability and applicable regulations on the broker's website.
Does FreshForex offer Islamic (swap-free) accounts?
Yes, FreshForex offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact FreshForex's support to request an Islamic account.
What instruments can I trade with FreshForex?
FreshForex offers access to 200+ tradable instruments:
- 46 Forex currency pairs
- 27 Cryptocurrencies
- 100 Stock CFDs
- 10 Index CFDs
- 8 Commodities
