afx group
FreshForex
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Overview
afx group was founded in 2013 and is headquartered in Geneva, while FreshForex was established in 2004 and is based in Russia. afx group holds licences including Financial Conduct Authority (FCA), while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. afx group serves 14,000,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $250 at afx group and $1 at FreshForex.
| Feature | afx group | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F220 | SVGFSA 20623 IBC 2012 |
| Founded | 2013 | 2004 |
| Country | Geneva | Russia |
| Clients | 14,000,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between afx group and FreshForex, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at afx group). Neither broker charges withdrawal fees. Overall, FreshForex scores higher on fees in our assessment.
| Feature | afx group | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | Yes |
Platforms
afx group offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. afx group offers a mobile trading app; mobile availability for FreshForex is limited. FreshForex supports social and copy trading features, which afx group does not offer. afx group edges ahead on platform breadth and functionality in our scoring.
| Feature | afx group | FreshForex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | No |
| Windows App | Yes | Yes |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Windows, MAC, Linux |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how afx group and FreshForex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. afx group integrates third-party research tools (Trading Central); FreshForex does not. Archived webinars are available at both brokers for self-paced learning. FreshForex scores higher overall in education and research.
| Feature | afx group | FreshForex |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. afx group accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). afx group uniquely supports PayPal among the two brokers. afx group scores higher on deposit and withdrawal flexibility.
| Feature | afx group | FreshForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both afx group and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. afx group supports 8 languages and FreshForex supports 1, giving afx group broader global reach. Both brokers are comparable on support quality.
| Feature | afx group | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |