Forex.com Review
Key Facts
Regulation
NFA · CFTC · CIRO+5 more
Broker Type
Market Maker, STP, DMA
Min. Deposit
$100
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Fees
Low
Max Leverage
1:200
Demo Account
Yes
Our Ratings
4.5
out of 5
Safety & Regulation4.7
Fees & Costs4.2
Platforms & Execution4.5
Education4.1
75% of retail FX and CFD accounts lose money.
Pros & Cons
Pros
- +Strong global regulatory oversight
- +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
- +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
Forex.com - At a Glance
Trading Conditions
- Broker Type
- Market Maker, STP, DMA
- Minimum Deposit
- $100
- Maximum Leverage
- 1:200
- Spread Type
- Variable
- Spread From
- 0.8 pips (Standard Account), 0.0 pips (Raw Spread Account)
- Commission
- $7 USD commission per standard lot traded on the RAW Pricing account
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 50
- Hedging
- Yes
- Scalping
- Yes
- Assets Offered
- Forex, CFDs
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Joint Account
- Yes
- Social / Copy Trading
- No
- Bonuses
- No
- Contests
- No
Platforms & Tools
- Trading Platforms
- Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
Company
- Regulation
- NFA (United States), CFTC (United States), CIRO (Canada), FCA (United Kingdom), ASIC (Australia), SFC (Hong Kong), FSA (Japan), MAS (Singapore)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Headquarters
- 30 Independence Blvd, Suite 300, Warren, New Jersey, 07059, USA.
- International Offices
- Canada, Cyprus, USA, Cayman Islands, United Kingdom, Japan, Singapore, Australia
- Payment Methods
- Bank Transfer, Credit/ Debit Card, Paypal, Skrill, Neteller
- Account Currencies
- CHF, EUR, GBP, USD, PLN, SGD
- Languages
- English, Arabic, Spanish, German, Japanese, Chinese, Polish
- Customer Support
- Email, Phone, Live Chat