ForexTB
FreshForex
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Overview
ForexTB was founded in 2015 and is headquartered in Cyprus, while FreshForex was established in 2004 and is based in Russia. ForexTB holds licences including Cyprus Securities and Exchange Commission (CySEC), while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. ForexTB serves 5,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $250 at ForexTB and $1 at FreshForex.
| Feature | ForexTB | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), CIF license number 272/15 | SVGFSA 20623 IBC 2012 |
| Founded | 2015 | 2004 |
| Country | Cyprus | Russia |
| Clients | 5,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between ForexTB 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 ForexTB). Neither broker charges withdrawal fees. Overall, FreshForex scores higher on fees in our assessment.
| Feature | ForexTB | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
ForexTB offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. ForexTB offers a mobile trading app; mobile availability for FreshForex is limited. FreshForex supports social and copy trading features, which ForexTB does not offer. ForexTB edges ahead on platform breadth and functionality in our scoring.
| Feature | ForexTB | 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, Web Trader, 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 ForexTB and FreshForex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. ForexTB 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 | ForexTB | 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. ForexTB 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 | ForexTB | 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 ForexTB and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. ForexTB supports 2 languages and FreshForex supports 1, giving ForexTB broader global reach. Both brokers are comparable on support quality.
| Feature | ForexTB | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English |