FreshForex

  • Name:FreshForex
  • Website:http://freshforex.com/
  • Location:Russian Federation
  • Found in:2004
  • Regulation Authority:
Editorial Rating:
3.17
Accept US Traders:
No

Freshforex.com

Highly regarded since its accession into the foreign exchange market in 2004, FreshForex has worked hard to maintain its forward thinking approach and lives by one mantra: “A fresh view on money.”

Taking the approach that FX trading shouldn’t simply be the reserve of large banking corporations, FreshForex offers a dual platform that’s available in both English and Russian. Indeed, with classic trading accounts available from just $2.50 there is certainly scope for clients of all skill levels to invest money on the FX market through FreshForex.

Although FreshForex isn’t operational in the US, this broker is fully regulated by the Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN) which means investors from around the world can trade safely and securely.

FreshForex.com’s Special FX:

Stop-out levels in the Forex world are the scourge of investors because they mean the end of their trades and a loss of money. Indeed, a stop-out level is essentially the point at which a broker will close all of the client’s trades because they are no longer deemed profitable (each broker has their own levels).

While this is generally a bad thing at most online FX brokers, FreshForex does things a little differently and thanks to the site’s stop-out insurance a trader can receive 100% of their deposit back. To qualify for this unique feature, users need deposit at least $500 and will earn incremental returns from 20% up to 100%.

Another standout feature of FreshForex.com is the site’s seven step training platform. Taking a trader from a novice to a professional, the course covers all aspects of the FX market and is a good platform all aspiring investors.

The Essentials:

One of the numerous FX brokers that use MetaTrader 4, FreshForex is able to offer two accounts that allow hedging as well as scalping and Expert Advisors. On top of this, the utilisation of MT4 gives traders the ability to access their accounts from their desktop, the internet or mobile phones.
Using this backing of MetaTrader 4, FreshForex has the following two accounts:

Classic Account:
Minimum account size = $2.50
Minimum position size = 0.01 lot
Variable spreads typically from 2 pips on major currency pairs with a minimum spread of 0.9 pips.
Scalping and Expert advisors are allowed.
Leverage = 1:500
Digits quoted after the comma = 4
Margin call level = 15%
Stop-out level = 10%
Number of currency pairs available = 28

Market Pro Account:
Minimum account size = $2.50
Minimum position size = 0.01 lot
Variable spreads typically from 1.5 pips on major currency pairs with a minimum spread of 0.9 pips.
Scalping and Expert advisors are allowed.
Leverage = 1:200
Digits quoted after the comma = 4 or 5
Margin call level = 40%
Stop-out level = 20%
Number of currency pairs available = 28

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