Compare FreshForex vs FXTM
What is FreshForex? What is FXTM ?
FreshForex is a forex broker that was established in 2004 and is regulated by the FSA of St. Vincent and the Grenadines. It offers trading in forex, crypto and CFDs on various platforms, including MetaTrader 4 and 5. It also provides various bonuses, contests and educational materials for its clients.
FXTM is a forex broker that was established in 2011 and is regulated by multiple authorities, including CySEC, FCA, FSCA and CMA. It offers trading in forex, gold and silver, CFDs, oil, futures and crypto on various platforms, including MetaTrader 4 and 5. It also provides various promotions, articles and analytical tools for its clients.
FreshForex vs FXTM Regulation Comparison
| FreshForex | FXTM |
|---|---|
| FSA (St. Vincent & the Grenadines) 20623 IBC 2012 | CySEC (Cyprus) 185/12 |
| FSC (Mauritius) C113012295 | FCA (United Kingdom) 777911 |
| FSCA (South Africa) 46614 | |
| Capital Markets Authority of Kenya (Kenya) 135 |
FreshForex vs FXTM Trading Assets Comparison
| FreshForex | FXTM |
|---|---|
| Forex | Forex |
| Crypto | Gold & silver |
| CFD | CFD |
| Oil | |
| Futures | |
| Crypto |
Both brokers offer forex and CFD trading, but FXTM has more variety in terms of commodities, oil, futures and crypto.
FreshForex vs FXTM Trading Fees Comparison
| FreshForex | FXTM |
|---|---|
| Fixed spread | Variable spread |
| $2 commissions | No commissions |
| No swaps | Swaps |
FreshForex has fixed spreads and commissions, while FXTM has variable spreads and no commissions.
FreshForex vs FXTM Account Types Comparison
| FreshForex | FXTM |
|---|---|
| Classic: $1 min deposit, 1:2000 max leverage, fixed spread from 2 pips, no commission, no swap | Standard: $100 min deposit, 1:2000 max leverage (depending on jurisdiction), variable spread from 1.3 pips, no commission, swap |
| Market Pro: $100 min deposit, 1:1000 max leverage, floating spread from 0.9 pips, $3 commission per lot per side ($6 round turn), no swap | Cent: $10 min deposit, 1:1000 max leverage (depending on jurisdiction), variable spread from 1.5 pips (on cent account), no commission, swap |
| ECN: $500 min deposit, 1:500 max leverage, floating spread from -0.1 pips, $3 commission per lot per side ($6 round turn), no swap | ECN: $500 min deposit, 1:500 max leverage (depending on jurisdiction), variable spread from 0.1 pips, $2 commission per lot per side ($4 round turn), swap |
| ECN Zero: $200 min deposit, 1:2000 max leverage (depending on jurisdiction), variable spread from 1.5 pips, no commission, swap | |
| FXTM Pro: $25,000 min deposit, 1:200 max leverage (depending on jurisdiction), variable spread from 0 pips, no commission, swap |
FreshForex vs FXTM Deposit Options Comparison
| FreshForex | FXTM |
|---|---|
| WebMoney | WebMoney |
| Skrill | Skrill |
| Wire transfer | Wire transfer |
| Credit / debit cards | Credit/debit cards |
| YooMoney | YooMoney |
| Neteller | Neteller |
| RBK Money | UnionPay |
| QIWI | QIWI |
| Perfect Money | Perfect Money |
| EasyPay | DIXIPAY |
| FasaPay | FasaPay |
| Crypto | Crypto |
| Mobile network operators | Google Pay |
| AdvCash | |
| Litecoin | |
| Ethereum | |
| Crypto Cash | |
| Zcash | |
| Ripple | |
| Tether (USDT) | |
| USD Coin (USDC) | |
| Dai (DAI) | |
| M-Pesa |
Both brokers offer a wide range of deposit and withdrawal options, but FreshForex has more variety in terms of cryptocurrencies and mobile payments than FXTM.
FreshForex vs FXTM Trading Platforms Comparison
| FreshForex | FXTM |
|---|---|
| MetaTrader 4 (Limited with 90 days of inactivity) | MetaTrader 4 |
| MetaTrader 5 (Limited with 90 days of inactivity) | MetaTrader 5 |
Both brokers offer the same trading platforms, which are MetaTrader 4 and MetaTrader 5. These are the most popular and widely used platforms in the forex industry, as they have advanced charting, indicators, expert advisors, scripts and more.
FreshForex vs FXTM Analytical Tools Comparison
| FreshForex | FXTM |
|---|---|
| News feed | News feed |
| Economic calendar | Economic calendar |
| Market sentiment indicator | Market sentiment indicator |
| Trading signals (Fresh Forecast) | Trading signals (FXTM Trading Signals) |
| Copy trading (Fresh Copy) | Copy trading (FXTM Invest) |
FreshForex vs FXTM . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. You should compare the features, benefits, and limitations of each broker and decide which broker is right for you. You can use the information I provided in the previous message for your reference, but you should also do your own research and appraisal before making a decision.
