
Forex.com Review 2026
Our Ratings
4.0
out of 5
Safety & Regulation4.4
Fees & Costs2.6
Markets & Products4.2
Platforms & Execution4.5
Deposit & Withdrawal3.8
Trading Tools & Research4.5
Account Opening4.3
Customer Service4.1
Education4.1
Key Facts
Regulation
NFA, CFTC, CIRO, FCA, ASIC, SFC Hong Kong, JFSA, MAS
Broker Type
Market Maker, STP, DMA
Min. Deposit
$100
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Negative Balance Protection
Varies
Max Leverage
1:200
Demo Account
Yes
Spreads From
1.2 pips
75% of retail FX and CFD accounts lose money.
Forex.com - At a Glance
Company & Overview
- Established
- 2001
- Headquarters
- 30 Independence Blvd, Suite 300, Warren, New Jersey, 07059, USA.
- International Offices
- Canada, Cyprus, USA, Cayman Islands, United Kingdom, Japan, Singapore, Australia
- Publicly Traded
- No
Not listed itself. Owned by StoneX Group, which is listed on NASDAQ.
- Broker Type
- Market Maker, STP, DMA
- Regulation
- NFA (United States), CFTC (United States), CIRO (Canada), FCA (United Kingdom), ASIC (Australia), SFC Hong Kong (Hong Kong), JFSA (Japan), MAS (Singapore)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Varies
Guaranteed for UK, EU and Australian clients. US accounts are not: Forex.com says it does not usually chase small negative balances but reserves the right to pursue large ones. Professional clients are excluded everywhere.
- Banking License
- No
- Languages
- English, Arabic, Spanish, German, Japanese, Chinese, Polish
- Customer Support
- Email, Phone, Live Chat
- Customer Support Hours
- 24/5
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- Yes
- Corporate Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Social / Copy Trading
- No
Account Conditions
- Minimum Deposit
- $100
- Payment Methods
- Bank Transfer, Credit/ Debit Card, Paypal, Skrill, Neteller
- Account Currencies
- CHF, EUR, GBP, USD, PLN, SGD
- Maximum Leverage
- 1:200
- Bonuses
- No
- Contests
- No
Trading Conditions
- Markets & Products
- Forex, CFDs
- Currency Pairs
- 82 FX pairs, plus gold and silver
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 50
- Decimal Pricing
- 5 decimals
- Order Types
- Market orders with limit and stop entry orders. Exit orders are take profit, standard stop loss, trailing stop and guaranteed stop loss, the last available on the UK and EU entities only and charged only if triggered. Trailing stops move with a favourable market and hold position when it reverses. Minimum trade size 1,000 units on currencies.
- Execution Type
- Market maker with DMA on selected accounts
- Margin Call Level
- 100%
- Stop Out Level
- 100% (US and global), 50% (UK and EU)
- Hedging
- Yes
- Scalping
- Yes
Fees & Costs
- Spread Type
- Variable
- Spread From
- 1.2 pips (Spread-Only, no commission), 0.0 pips (RAW Pricing, plus commission)
- Commission
- RAW Pricing account: USD 7 per USD 100,000 traded, charged on each leg. A round turn on one standard lot of EUR/USD at 1.1000 costs about USD 15.40. Spread-Only and MetaTrader accounts charge no commission.
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- No
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- Yes
USD 15 per month after 12 months of inactivity.
- Custody Fee
- No
Platforms & Tools
- Trading Platforms
- Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Mobile App
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Automated Trading
- Yes
How Forex.com's costs compare
Spread from (major pairs)1.2 pips
Catalogue median: 0.8 pips across 49 brokers · lower is cheaper
Minimum deposit$100
Catalogue median: $10 across 49 brokers · lower is more accessible
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
Pros & Cons
Pros
- Strong global regulatory oversight
- Parent company StoneX is publicly listed on NASDAQ
- Fast digital account opening
- Fast and secure payment methods
- Wide choice of account base currencies
- User-friendly mobile and web platforms
- Supports TradingView, MT4, and MT5
Show 5 more
- Fast trade execution
- Low trading fee
- Broad educational content for all traders
- Supports all trading styles
- Good customer support service
Cons
- Limited product range
- Inactivity fee
- US accounts close out at 100% margin, far earlier than the 50% UK and EU level
- Professional clients are excluded from negative balance protection
Forex.com alternatives
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