forextime
FreshForex
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Overview
forextime was founded in 2011 and is headquartered in Lebanon, while FreshForex was established in 2004 and is based in Russia. forextime holds licences including Financial Conduct Authority (FCA), while FreshForex is regulated by SVGFSA 20623 IBC 2012 among others. forextime serves 200,000+ clients worldwide; FreshForex has 710,000+. The minimum deposit is $250 at forextime and $1 at FreshForex.
| Feature | forextime | 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-F230 | SVGFSA 20623 IBC 2012 |
| Founded | 2011 | 2004 |
| Country | Lebanon | Russia |
| Clients | 200,000+ | 710,000+ |
Fees
Fees are a critical factor when choosing between forextime 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 forextime). Neither broker charges withdrawal fees. forextime charges deposit fees; FreshForex does not. Overall, FreshForex scores higher on fees in our assessment.
| Feature | forextime | FreshForex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
forextime offers MT4, MT5, cTrader, while FreshForex supports MT4, MT5, a proprietary platform. forextime offers a mobile trading app; mobile availability for FreshForex is limited. FreshForex supports social and copy trading features, which forextime does not offer. forextime edges ahead on platform breadth and functionality in our scoring.
| Feature | forextime | 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 forextime and FreshForex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. forextime integrates third-party research tools (Trading Central, Autochartist); FreshForex does not. Archived webinars are available at both brokers for self-paced learning. forextime scores higher overall in education and research.
| Feature | forextime | FreshForex |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. forextime 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). forextime uniquely supports PayPal among the two brokers. forextime scores higher on deposit and withdrawal flexibility.
| Feature | forextime | 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 forextime and FreshForex offer live chat support. Both provide phone support. Email support is available at both brokers. forextime supports 8 languages and FreshForex supports 1, giving forextime broader global reach. Both brokers are comparable on support quality.
| Feature | forextime | FreshForex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English |