FreshForex
fx global markets
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
FreshForex was founded in 2004 and is headquartered in Russia, while fx global markets was established in 2017 and is based in United States. FreshForex holds licences including SVGFSA 20623 IBC 2012, while fx global markets is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. FreshForex serves 710,000+ clients worldwide; fx global markets has 10,000+. The minimum deposit is $1 at FreshForex and $250 at fx global markets.
| Feature | FreshForex | fx global markets |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | SVGFSA 20623 IBC 2012 | Cyprus Securities and Exchange Commission (CySEC), with CIF license No. 242/14 |
| Founded | 2004 | 2017 |
| Country | Russia | United States |
| Clients | 710,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FreshForex and fx global markets, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at fx global markets). fx global markets charges withdrawal fees while FreshForex does not, giving FreshForex an edge for frequent withdrawers. fx global markets charges deposit fees; FreshForex does not. Overall, FreshForex scores higher on fees in our assessment.
| Feature | FreshForex | fx global markets |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | No |
Platforms
FreshForex offers MT4, MT5, a proprietary platform, while fx global markets supports MT4, MT5, cTrader. Both brokers support copy or social trading, catering to less hands-on investors. fx global markets edges ahead on platform breadth and functionality in our scoring.
| Feature | FreshForex | fx global markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | No | Yes |
| Android App | No | Yes |
| Trading Platforms | MT4, MT5, Windows, MAC, Linux | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FreshForex and fx global markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. fx global markets integrates third-party research tools (Trading Central, Autochartist); FreshForex does not. Archived webinars are available at both brokers for self-paced learning. fx global markets scores higher overall in education and research.
| Feature | FreshForex | fx global markets |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FreshForex accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while fx global markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fx global markets uniquely supports PayPal among the two brokers. fx global markets scores higher on deposit and withdrawal flexibility.
| Feature | FreshForex | fx global markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 FreshForex and fx global markets offer live chat support. Both provide phone support. Email support is available at both brokers. FreshForex supports 1 language and fx global markets supports 8, giving fx global markets broader global reach. Both brokers are comparable on support quality.
| Feature | FreshForex | fx global markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |