What Account Types and Fees Does FreshForex Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Classic Account |
Beginners and active traders |
Fixed spreads starting from 2 pips, leverage up to 1:2000 |
Recommended minimum deposit of $200 |
| Market Pro Account |
Experienced traders and scalpers |
Floating spreads from 0.9 pips, leverage up to 1:1000 |
Recommended minimum deposit of $400 |
| ECN Account |
Professional traders |
Floating spreads starting from 0 pips, commission from $5 per lot |
Recommended minimum deposit of $2000 |
| Islamic Account |
Muslim traders |
Swap-free trading available on Classic, Market Pro, and ECN accounts |
Complies with Sharia law |
Account Opening Process
To open an account with FreshForex, follow these steps: First, visit the FreshForex website and click on the “open an account” button. Next, select the account type you wish to open. Then, fill out the registration form with your personal information, including your name, email address, and phone number. After that, choose your preferred account currency and set your account password. You must also review and agree to the terms and conditions provided by FreshForex. Following this, you will need to verify your account by submitting required documents, such as a copy of your ID and proof of address. Once verified, you can fund your account and begin trading. The account structure allows for flexibility, such as upgrading to a professional account later if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $5/lot) |
Tight spreads for majors |
| CFDs (Stocks) |
2.0 |
From $1.90 per lot |
Commission applies |
| CFDs (Indices) |
Varies |
From $1.90 per lot |
Commission applies |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on volatility |
Other Fees
Additional costs may include deposit and withdrawal fees, which can vary based on the chosen payment method. Inactivity fees may apply to dormant accounts. Platform usage fees are not specified but should be confirmed with the broker. Overnight interest (swap rates) may be applicable unless you opt for a swap-free account. Currency conversion fees may also be incurred when trading different currencies.
