FreshForex
Xtrade
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Overview
FreshForex was founded in 2004 and is headquartered in Russia, while Xtrade was established in 2003 and is based in Australia. FreshForex holds licences including SVGFSA 20623 IBC 2012, while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. FreshForex serves 710,000+ clients worldwide; Xtrade has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | FreshForex | Xtrade |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Regulation | SVGFSA 20623 IBC 2012 | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2004 | 2003 |
| Country | Russia | Australia |
| Clients | 710,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FreshForex and Xtrade, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Neither broker charges withdrawal fees. Xtrade charges deposit fees; FreshForex does not. The two brokers are broadly comparable on fee structure.
| Feature | FreshForex | Xtrade |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
FreshForex offers MT4, MT5, a proprietary platform, while Xtrade supports MT4, MT5, cTrader. FreshForex supports social and copy trading features, which Xtrade does not offer. Xtrade edges ahead on platform breadth and functionality in our scoring.
| Feature | FreshForex | Xtrade |
|---|---|---|
| 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 | Not available |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FreshForex and Xtrade compare. FreshForex runs regular live webinars; Xtrade does not. FreshForex has a video library; Xtrade does not. FreshForex publishes daily market commentary; Xtrade does not. FreshForex maintains an archive of past webinars for on-demand viewing. FreshForex scores higher overall in education and research.
| Feature | FreshForex | Xtrade |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | No | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FreshForex uniquely supports bank transfer and credit/debit card and Skrill and Neteller among the two brokers. FreshForex scores higher on deposit and withdrawal flexibility.
| Feature | FreshForex | Xtrade |
|---|---|---|
| Bank Transfer | Yes | Not available |
| Credit Card | Yes | Not available |
| PayPal | No | Not available |
| Skrill | Yes | Not available |
| Neteller | Yes | Not available |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FreshForex and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. FreshForex offers multilingual support. Both brokers are comparable on support quality.
| Feature | FreshForex | Xtrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English | Not available |