FreshForex
global prime
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 global prime was established in 2018 and is based in United Kingdom. FreshForex holds licences including SVGFSA 20623 IBC 2012, while global prime is regulated by Financial Conduct Authority (FCA) among others. FreshForex serves 710,000+ clients worldwide; global prime has 10,000+. The minimum deposit is $1 at FreshForex and $250 at global prime.
| Feature | FreshForex | global prime |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Regulation | SVGFSA 20623 IBC 2012 | 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-F249 |
| Founded | 2004 | 2018 |
| Country | Russia | United Kingdom |
| Clients | 710,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FreshForex and global prime, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at global prime). global prime charges withdrawal fees while FreshForex does not, giving FreshForex an edge for frequent withdrawers. global prime charges deposit fees; FreshForex does not. Overall, FreshForex scores higher on fees in our assessment.
| Feature | FreshForex | global prime |
|---|---|---|
| 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 global prime supports MT4, MT5, cTrader. FreshForex supports social and copy trading features, which global prime does not offer. global prime edges ahead on platform breadth and functionality in our scoring.
| Feature | FreshForex | global prime |
|---|---|---|
| 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 global prime compare. FreshForex runs regular live webinars; global prime does not. Both provide video tutorials. FreshForex publishes daily market commentary; global prime does not. global prime integrates third-party research tools (Autochartist); FreshForex does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | FreshForex | global prime |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | No | No |
| 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 global prime supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). global prime uniquely supports PayPal among the two brokers. global prime scores higher on deposit and withdrawal flexibility.
| Feature | FreshForex | global prime |
|---|---|---|
| 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 global prime offer live chat support. Both provide phone support. Email support is available at both brokers. FreshForex supports 1 language and global prime supports 8, giving global prime broader global reach. Both brokers are comparable on support quality.
| Feature | FreshForex | global prime |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |