FreshForex
profiforex corp
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 profiforex corp was established in 2018 and is based in Cyprus. FreshForex holds licences including SVGFSA 20623 IBC 2012, while profiforex corp is regulated by Financial Conduct Authority (FCA) among others. FreshForex serves 710,000+ clients worldwide; profiforex corp has 30,000+. The minimum deposit is $1 at FreshForex and $250 at profiforex corp.
| Feature | FreshForex | profiforex corp |
|---|---|---|
| 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-F297 |
| Founded | 2004 | 2018 |
| Country | Russia | Cyprus |
| Clients | 710,000+ | 30,000+ |
Fees
Fees are a critical factor when choosing between FreshForex and profiforex corp, directly affecting your bottom line as a trader. FreshForex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at profiforex corp). Neither broker charges withdrawal fees. Overall, FreshForex scores higher on fees in our assessment.
| Feature | FreshForex | profiforex corp |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
FreshForex offers MT4, MT5, a proprietary platform, while profiforex corp supports MT5, cTrader. FreshForex supports social and copy trading features, which profiforex corp does not offer. profiforex corp edges ahead on platform breadth and functionality in our scoring.
| Feature | FreshForex | profiforex corp |
|---|---|---|
| MT4 | Yes | No |
| 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 profiforex corp compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. profiforex corp 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 | FreshForex | profiforex corp |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 profiforex corp supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). profiforex corp uniquely supports PayPal among the two brokers. profiforex corp scores higher on deposit and withdrawal flexibility.
| Feature | FreshForex | profiforex corp |
|---|---|---|
| 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 profiforex corp offer live chat support. Both provide phone support. Email support is available at both brokers. FreshForex supports 1 language and profiforex corp supports 8, giving profiforex corp broader global reach. Both brokers are comparable on support quality.
| Feature | FreshForex | profiforex corp |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |