Forex.com
FreshForex
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Overview
Forex.com was founded in 2001 and is headquartered in United States, while FreshForex was established in 2004 and is based in Russia. Forex.com holds licences including Financial Conduct Authority (FCA), while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. Forex.com serves 150,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is Typical at Forex.com and $1 at FreshForex.
| Feature | Forex.com | FreshForex |
|---|---|---|
| Min. Deposit | Typical | $1 |
| Regulation | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | SVGFSA 20623 IBC 2012 |
| Founded | 2001 | 2004 |
| Country | United States | Russia |
| Clients | 150,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between Forex.com and FreshForex, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs Typical at Forex.com). Forex.com charges withdrawal fees while FreshForex does not, a notable advantage for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; FreshForex does not. Forex.com charges deposit fees; FreshForex does not. Overall, FreshForex scores higher on fees in our assessment.
| Feature | Forex.com | FreshForex |
|---|---|---|
| Min. Deposit | Typical | $1 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
Forex.com offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. Forex.com offers a mobile trading app; mobile availability for FreshForex is limited. Both brokers support copy or social trading, catering to less hands-on investors. Forex.com edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex.com | 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, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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 Forex.com and FreshForex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Forex.com 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 | Forex.com | 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. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while FreshForex supports 4 (bank transfer, credit/debit card, Skrill, Neteller). Forex.com uniquely supports PayPal among the two brokers. FreshForex uniquely supports Skrill and Neteller among the two brokers. FreshForex scores higher on deposit and withdrawal flexibility.
| Feature | Forex.com | FreshForex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Forex.com and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and FreshForex supports 1, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | Forex.com | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Arabic | English |