Abshire Smith
FreshForex
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while FreshForex was established in 2004 and is based in Russia. Abshire Smith holds licences including Financial Conduct Authority (FCA), while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. Abshire Smith serves 10,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $500 at Abshire Smith and $1 at FreshForex.
| Feature | Abshire Smith | FreshForex |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Financial Conduct Authority (FCA) | SVGFSA 20623 IBC 2012 |
| Founded | 1997 | 2004 |
| Country | United kingdom | Russia |
| Clients | 10,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and FreshForex, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Abshire Smith). Neither broker charges withdrawal fees. Abshire Smith charges deposit fees; FreshForex does not. Overall, FreshForex scores higher on fees in our assessment.
| Feature | Abshire Smith | FreshForex |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | Yes |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. Abshire Smith offers a mobile trading app; mobile availability for FreshForex is limited. Both brokers support copy or social trading, catering to less hands-on investors. Abshire Smith edges ahead on platform breadth and functionality in our scoring.
| Feature | Abshire Smith | FreshForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MetaTrader 4, cTrader Platform | MT4, MT5, Windows, MAC, Linux |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and FreshForex compare. FreshForex runs regular live webinars; Abshire Smith does not. FreshForex has a video library; Abshire Smith does not. FreshForex publishes daily market commentary; Abshire Smith does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | Abshire Smith | FreshForex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). FreshForex uniquely supports Skrill and Neteller among the two brokers. FreshForex scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | FreshForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and FreshForex supports 1, giving Abshire Smith broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |