FBRForex Broker Rating
E
Reviewed by Editorial Team · Last reviewed
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Forex.com Review

Updated regularly · Independent ratings

Overall Rating
4.5 / 5
Fees
4.2 / 5
Safety
4.7 / 5
Platforms
4.5 / 5
Education
4.1 / 5
Min. deposit
$100

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.

Forex.com — At a Glance

Full broker data from our database

Minimum deposit$100
Broker typeMarket Maker, STP, DMA
Spread typeVariable
Spreads from0.8 PIPS on Standard Account 0.0 PIPS on Raw Spread Account
Commission$7 USD commission per standard lot traded on the RAW Pricing account
Maximum leverage1:200
Minimum lot size0.01
Maximum lot size50
Decimal pricing5 decimals
Trading platformsWeb, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
API accessYes
VPSYes
Demo accountYes
Segregated accountYes
Swap-free accountYes
Managed accountNo
PAMM / MAM accountNo
Joint accountYes
Copy tradingNo
Social tradingNo
Account currenciesCHF, EUR, GBP, USD, PLN, SGD
One-click tradingYes
OCO ordersYes
Trailing stop lossYes
Hedging allowedYes
Scalping allowedYes
Interest on marginYes
BonusesNo
ContestsNo
RegulatorsNFA (United States), CFTC (United States), CIRO (Canada), FCA (United Kingdom), ASIC (Australia), SFC (Hong Kong), FSA (Japan), MAS (Singapore)
Headquarters30 Independence Blvd, Suite 300, Warren, New Jersey, 07059, USA.
International officesCanada, Cyprus, USA, Cayman Islands, United Kingdom, Japan, Singapore, Australia
Assets offeredForex, CFDs
Payment methodsBank Transfer, Credit/ Debit Card, Paypal, Skrill, Neteller
LanguagesEnglish, Arabic, Spanish, German, Japanese, Chinese, Polish
Customer supportEmail, Phone, Live Chat
Contact emailinfo@forex.com

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
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.