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Written by Gerald Stratton
Broker Analyst
Updated
Forex.com logo

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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