Comparison of FreshForex and Gerchik & Co
| Feature | FreshForex | Gerchik & Co |
|---|---|---|
| Broker | ||
| Year Founded | 2004 | 2015 |
| Broker Type | MM, STP, ECN | STP |
| Dealing | A-book, B-book | A-book |
| Execution | Market | Market |
| Regulation | SVGFSA | VFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬈ High | ⬊ Low |
| Maximum Leverage | 1:2000 | 1:100 |
| Minimum Deposit | $25 | $100 |
| Base Currencies | USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC | USD, EUR |
| Funding Methods | Visa/Mastercard, WebMoney, Volet, M-Pesa, Sticpay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), Bitcoin Cash (BCH), XRP (XRP), Zcash (ZEC), USD Coin (USDC) | Bank cards, Swift, SEPA, Volet, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC) |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | 0.1–3.5% | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✖ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✔ |
| VPS | ✔ | ✖ |
| MAM/PAMM | ✖ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks (CFDs), Cryptocurrencies, Metals, Energies | Currencies, Cryptocurrencies, Metals, Indices, Energies, Stocks, ETFs |
| Review | FreshForex Review | Gerchik & Co Review |
About FreshForex
FreshForex is a forex and CFD broker operated by Riston Capital Ltd in Saint Vincent and the Grenadines. Founded in 2004, it serves clients across many regions with MetaTrader 4/5, a demo environment, and a straightforward trio of live accounts: Classic (fixed spreads), Market Pro (floating spreads), and ECN (raw pricing with commission). The broker states there’s no strict minimum deposit, while recommended starting balances are $200 for Classic, $400 for Market Pro, and $2,000 for ECN. Leverage on the global site is advertised up to 1:2000, with margin call/stop-out commonly set around 100%/20–60% depending on account type. Funding covers cards, popular e-wallets and a broad crypto set, and there are frequent deposit promos. At the same time, the legal setup is offshore (SVG FSA registration rather than top-tier supervision), so investor compensation schemes don’t apply, and some fees may be charged on withdrawals depending on the method. VPS on MT5 is available (often free for qualifying deposits), and Islamic (swap-free) terms can be enabled for any account.
Pros
- Three clear account choices on MT4/MT5
- High maximum leverage on the global site (up to 1:2000)
- Rich funding stack incl. crypto + local options
- VPS available on MT5
Cons
- Offshore regulation
- Classic fixed spreads can be wide
- Inconsistent public info on negative balance protection/segregation
About Gerchik & Co
Gerchik & Co is a forex and CFD broker authorised in Vanuatu (VFSC) that caters to retail traders with a familiar MT4/MT5 setup and a catalogue of 300+ instruments. The lineup spans forex, metals, energies, indices, cryptocurrencies, and stock/ETF CFDs, while the firm highlights low-latency execution (down to ~1 ms) and its in-house tools like the Risk Manager. The account structure is simple: Zero (commission-free; spreads from ~1.0 pip) for accessible entry, and tiered Mini/Simple/Silver/Gold/Platinum with raw-style pricing (0.0 pip + per-lot commission) and higher minimum deposits. Deposits/withdrawals are processed via cards, SEPA/Volet and crypto. Safeguards such as negative balance protection and segregated funds are referenced, but investor compensation schemes typical of top-tier jurisdictions do not apply to Vanuatu-authorised entities.
Pros
- MT4 and MT5 with 300+ instruments and stocks/ETFs coverage
- Proprietary Risk Manager tool; MetaQuotes Signals and TIMA investing
- Zero account or raw-style tiers with per-lot fees
- No broker fee for deposits/withdrawals
- Execution advertised from ~1 ms; Equinix LD4 infrastructure
Cons
- Not regulated by a top-tier authority; no statutory compensation scheme
- Per-lot commissions on raw-style accounts; higher minimums for upper tiers
FreshForex & Gerchik & Co Regulation
| Feature | FreshForex | Gerchik & Co |
|---|---|---|
Companies | Riston Capital Ltd | Gerchik & Co Limited |
Countries | Saint Vincent and the Grenadines | Vanuatu |
Regulators | SVGFSA | VFSC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | FreshForex | Gerchik & Co |
|---|---|---|
Market Maker Account | ||
| Account Name | — | Zero |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.0 |
| Fee | — | No |
| Max Leverage | — | 1:100 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
STP Account | ||
| Account Name | Market Pro | Mini |
| Min Deposit | $25 | $500 |
| Lot Size | 0.01 | 0.10 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 0.4 |
| Fee | No | $10 per 1 lot |
| Max Leverage | 1:1000 | 1:100 |
| Stop Out | 40% | 50% |
| Margin Call | 100% | 100% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.0 | — |
| Fee | $6 per 1 lot | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 60% | — |
| Margin Call | 100% | — |
Zero Account | ||
| Account Name | — | Simple |
| Min Deposit | — | $1000 |
| Lot Size | — | 0.10 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.0 |
| Fee | — | $9 per 1 lot |
| Max Leverage | — | 1:100 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
Fix Spread Account | ||
| Account Name | Classic | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Instant | — |
| Min Spread | 2.0 | — |
| Fee | No | — |
| Max Leverage | 1:2000 | — |
| Stop Out | 20% | — |
| Margin Call | 100% | — |
Cent Account | ||
| Account Name | Classic.Cent | — |
| Min Deposit | $25 | — |
| Lot Size | 0.01 | — |
| Spread Type | Fixed | — |
| Execution | Instant | — |
| Min Spread | 2.0 | — |
| Fee | No | — |
| Max Leverage | 1:1000 | — |
| Stop Out | 20% | — |
| Margin Call | 100% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | FreshForex | Gerchik & Co |
|---|---|---|
Base currencies | USD, EUR, RUB, ZAR, NGN, MYR, TZS, KZT, MBT, ETH, ADA, BCH, BNB, XRP, LTC | USD, EUR |
Deposit and withdrawal methods | Visa/Mastercard, WebMoney, Volet, M-Pesa, Sticpay, Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), Bitcoin Cash (BCH), XRP (XRP), Zcash (ZEC), USD Coin (USDC) | Bank cards, Swift, SEPA, Volet, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee | 0.1–3.5% |
Trading Platforms and Conditions
| Feature | FreshForex | Gerchik & Co |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | 1 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | low |
Trading Assets
| Asset | FreshForex | Gerchik & Co |
|---|---|---|
Currencies | 52 | 66 |
Indices | 12 | 14 |
Stocks | 133 | 296 |
Cryptocurrencies | 71 | 11 |
Bonds | 0 | 0 |
Metals | 13 | 7 |
Energies | 3 | 3 |
Soft Commodities | 0 | 0 |
ETFs | 7 | 21 |
Education and Analytics
| Feature | FreshForex | Gerchik & Co |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | FreshForex | Gerchik & Co |
|---|---|---|
| No Deposit Bonus | ||
| Is available | ||
| Size | $99 | — |
| Details | Learn More | — |
Customer Support
| Contact | FreshForex | Gerchik & Co |
|---|---|---|
Email | info@freshforex.com | support@gerchik.co |
Phone | 8 800 333 88 08 | +44 203 318 4201 |
Telegram | Telegram | Telegram |
Facebook | — | |
YouTube | YouTube | YouTube |
Instagram | — |
Which Broker is Better?
After comparing FreshForex and Gerchik & Co, FreshForex comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.