FrostWin Review | A Provider of Opportunities for Traders or Scam?

by Kevin Berry
  1.3/5   Reviews: 1
FrostWin - logo

FrostWin claims to be a provider of opportunities for traders and investors wanting to earn on financial markets and to set an example for others. The company confidently states its ambition to be the best in the CFD industry, yet it does not possess any license and does not disclose its duration of operation and business model. The broker appears to be highly secretive and non-transparent, plus the legal address is located offshore. Online reviews also do not provide any conclusive information, thus everything looks like a blatant scam. Whether this is actually the case or whether the organization can be trusted is in question.


🏛️ Country St. Vincent and the Grenadines
⚠️ Regulation
🖥️ Website https://frostwin.com/
🎲 Demo Account Yes
⏳ Start Time 2023
💲 Minimum Deposit
⚖️ Minimum and Maximum Leverage 1:30
⚙️ Trading Platform WebTrader
📨 E-mail support@frostwin.net
📞 Phone

First Impression of Frostwin.com

The official website of the broker is only translated into Spanish in addition to English. Essentially, it is a resource that consists of tons of text, often meaningless. FrostWin excessively praises itself and lists various advantages, but without evidence or confirmation of its claims. Important information about the activity is missing, as are the necessary legal documents. The company definitely lacks openness and transparency towards users.

FrostWin - site

The website is no different from most other resources. There is also a panel with basic company data at the top of the main page, a standard risk warning in the footer, and a boring and templated list of pseudo-advantages. There is almost no graphic design. We see only some crowds of people and skyscrapers in the background, nothing more. In short, FrostWin has a template website that is not inspiring, does not arouse interest, but rather the opposite, makes you want to close it quickly.

Partnership and Bonuses

The company has an affiliate program, but more interestingly, there is an absence of information and mentions of it. The existence of a referral program can only be learned at the time of account registration, as there is a field named “promo code”, which clearly hints at such a possibility. Besides this, FrostWin occasionally offers bonus promotions, but this aspect is also not at all disclosed. We have only just begun to review the broker, and it is already quite apparent how the firm hides important information.

Account Opening on Frostwin.com

To get a more detailed acquaintance with the personal cabinet, platform, and capabilities of the broker, one must register. The registration procedure is simplified; it requires entering a name, contact details, and a password. Additionally, FrostWin requests to agree to all the terms. After all the details are indicated, an account will be created that does not need to be confirmed by email. So enter and withdraw money, whoever wants to, because security is at zero level.


FrostWin allows you to familiarize yourself with the interface and functionality on a free demo account. To open a real account, you need to add information about yourself: date of birth, residential address, and country.

The personal cabinet is integrated into the trading terminal. Or conversely, the platform is integrated into the personal cabinet. It doesn’t matter because this approach is maximally inconvenient. Traders prefer the platform to be separate from the dashboard, but FrostWin thinks otherwise.

In general, users can perform standard actions:

  • View transaction and trade history.
  • Editing personal data.
  • Undergoing verification.
  • Depositing and withdrawing funds.
  • Managing accounts.


Judging by the official website and the presence of a document with AML & KYC policy, the broker’s verification procedure is mandatory. It is not enough for the trader to indicate their real data, but they must also provide documents that will confirm this. The basic package of documents includes proof of identity and residence. However, FrostWin may require additional documents.

By the way, you must undergo KYC within 14 days after opening an account, otherwise, the company closes the account and returns the money. Nothing is said about document processing time.

  • Convenient document upload.
  • Verification must be completed within the first two weeks.

Trading Software

The broker lists two platforms: WebTrader of unknown origin and the popular MetaTrader 4. However, we do not see any MT4 in the personal cabinet. There are no links for downloading, and moreover, FrostWin is not listed among the companies connected to MT4. Apparently, this popular platform was mentioned for the sake of appearance and solidity. In reality, the firm’s platform is a standard web trader with minimal functions and limited capabilities.


It’s funny and amusing to look at the company’s attempts to describe its terminal as the best platform in the world. As if all instruments, all capabilities are supported, and even the wolves of Wall Street trade using this software. However, in reality, what do we see? We see a pseudo-platform that cannot be downloaded to a smartphone from the official AppStore/Play Market stores. We see simple software, nothing unique and serious, just the basic capabilities that absolutely any terminal possesses. FrostWin describes it with such epithets and definitions.

The software clearly does not look like MetaTrader 4 and definitely falls short of its capabilities. Where is the copy-trading and PAMM function implemented? And what about auto-trading and automatic strategy testing on historical data?

Features FrostWin FXChoice Alliance Reserve
Demo Account ✔️ ✔️
Mobile App ✔️
Own Development

How Can I Trade With FrostWin?

On the website, the firm describes a multitude of available trading assets: forex, metals, indices, commodities, cryptocurrencies, stocks, ETFs, futures, options, and bonds. However, in the terminal, there are definitely no futures and options, nor bonds. Even here, it seems, in the most straightforward aspect, the broker is misleading. Trading conditions depend on the selected tariff, which we will now consider.

All Info About Accounts

FrostWin offers three types of accounts:

  1. Standard. Floating spreads, leverage up to 1:30, account currency EUR/GBP, lots from 0.1, there is a commission, but it is not specified, additionally assistance from a personal manager and support department transaction hotline.
  2. Premium. The same conditions, but the leverage can be higher, though the exact size is not disclosed. Also, there is no commission, and the minimum lot is from 0.01.
  3. VIP. A fixed spread of 1.4 points, zero commission, and other conditions are the same as in the Premium rate.

Account types

FrostWin has disclosed detailed information about the conditions in some places and omitted it in others. For example, what commissions should traders pay? And where is the real-time spread table? How high can the leverage go to its maximum value? Does it not violate the requirements of regulators? In short, a million questions, but no answers at all.

It is unknown what the minimum deposit is. As for commissions, the broker writes on its homepage: “You’ll always know what you’re paying with no hidden fees or surprises”. How should this be understood? When should a trader find out what commissions they are facing, at the moment of opening the first transaction? FrostWin tries to create the impression of a transparent and secure intermediary, but does the opposite. Too controversial an organization, which, moreover, does not offer an Islamic account.

  • One can try using a demo account.
  • There is a choice between floating and fixed spreads.
  • Many important details are not specified.
  • An Islamic account is not available.

Market Analysis and Education With Frostwin.com

FrostWin promises to provide customers with an educational hub, market analytics and research, and useful resources. On the main page, there is a ticker with online quotes, as well as a table with tickers of financial instruments. In addition, traders have access to basic information about the traded assets, FAQ, trading school, and a forex glossary.

Deposit, Withdrawal, and Fees

Regarding the information about the methods of depositing and withdrawing funds, nothing is known. The broker plays a silent game with users. It is impossible to check the supported methods in the personal cabinet because when trying to replenish the deposit, a window pops up warning that a manager should contact the trader first.

If the user has not made a single transaction since depositing, then when withdrawing funds, FrostWin will take 3% of the amount. There is also a fee for an inactive account for 6 months, which is $5 monthly.

Features FrostWin The Revenue Center Pro Buy Crypto Market
Debit/Credit Cards ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️
Deposit Fee
Withdrawal Fee

How Can I Contact It?

You can contact the company’s staff via online chat or by email. However, there is no phone number, which is quite surprising. And what is even more surprising and interesting is the non-existent email. That’s the situation, FrostWin provided a fake email, and the online chat responds with a template: “A specialist will contact you soon.”


  • None.
  • Email doesn’t exist.
  • The phone number is not indicated.

Is FrostWin Dangerous?

The broker does not inspire enthusiasm, and a positive opinion about it is not even formed. The company either deliberately or accidentally omits important details concerning trading conditions and misleads users. At the same time, the fake email address further exacerbates the situation. How long has the firm been operating, does it have any licenses, and what is its legitimate status? We are about to find out.

How Long Does The Broker Work?

So, the specific date of foundation is not even mentioned on the site, which is absolutely not surprising. Scammers often like to skip this important aspect, and some even brazenly lie about their long-term operation. In our case, FrostWin simply chose not to mention when they launched, which happened quite recently, in October 2023. This is evidenced by the fact that the official website was registered on October 12, 2023. It is supported by scant online reviews.


How Is FrostWin Regulated?

One can find the legal entity Modus Marketing LLC, which is registered in the jurisdiction of Saint Vincent and the Grenadines. Indeed, such an organization exists in the SVGFSA; we conducted a check and found it there. Notably, the date of incorporation is also the year 2023. So, this once again proves that FrostWin has a short operation period.

FrostWin - SVGFSA

Here it’s worth adding. SVGFSA does not regulate the activities of forex brokers, so there are no guarantees. FrostWin remains an unregulated company registered offshore, where it is very easy, remote, and inexpensive to do so. It is more of a negative factor than a positive one.

Features FrostWin Fine Capitals Impresamarkets
European Zone
Asian Zone
American Zone
African Zone

Frequently Asked Questions (FAQ)

How to Trade With FrostWin?

To begin trading, you need to register an account. Then, in the personal cabinet, you must add personal information and wait for a call/message from a manager. Without this, it is not possible to fund the deposit or provide documents for KYC verification. However, you can try the service on a free demo account.

Is FrostWin Legit?

The broker is not regulated at all, its activities are not under the control of financial commissions. Moreover, its registration is offshore.

How Risky Is It?

Trading here is very risky. There are no guarantees, so FrostWin may at any moment begin to engage in manipulations, fraud, and other illegal activities.
Kevin Berry
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Expert Opinion

Offshore brokers from Saint Vincent and the Grenadines are the most dangerous companies for a forex trader. One should strive not to trade in such places, as at any moment these firms can swindle you out of your money. The catch is that it’s almost impossible to get your money back. These are often anonymous scammers accepting money through cryptocurrency. FrostWin seems very much like a scam, with an abundance of negative factors, too short a period of operation, and total obscurity among users. Keep your money away from such fake platforms, then there won’t be any problems with withdrawing it. Cooperate only with real organizations, not pathetic forgeries.

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1 review about FrostWin

Kudizma November 17, 2023 - 12:32
I don't recommend it. Some murky scam firm
The level of trust
Quick withdrawal of funds
Efficiency of technical support

Out of curiosity, I registered an account, but I can’t even communicate with the managers. No one in the online chat really responds properly, the email is fake, and there is no phone number. The company is too shady and suspicious, very much resembling fraud.
I do not recommend cooperating with FrostWin. I assume it’s some kind of another scam broker with fake operations. At least, I see nothing positive or safe here. Only offshore registration, and even that is a clear negative, not a positive!


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