Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

Forex.com Review

4.05
19 reviews
PAYMENT SYSTEMS
  • Deposit
  • Withdrawal

Forex.com general information

Founded in: 2001 year
Headquarters:
USA
Offices in the country:
Australia, Hong Kong, Canada, Japan
Minimum Deposit: 0 $
Website: www.forex.com
Website languages: English, Arab, Chinese
Execution model:
ECN, MM
Deposit currency: USD
Regulated by:
FCA (United Kingdom)
CFTC (USA)
NFA (USA)
Mobile trading: iOS, Android, Windows Phone
Types of offered accounts:
Unlimited Demo Accounts, Standard Accounts, ECN accounts
Affiliate program: Yes

Forex.com Forex broker description

Forex.com is a noble forex trading company that operates under the umbrella of GAIN capitals. Forex.com was established in 2001 and ever since it has managed to draw a lot of clients from all over the world. The long period that it has been on operation has granted it some level of experience in dealing with different clients and gives each the best experience he or she can get.

Trading Accounts

The Forex.com Standard Account

The Forex.com standard account is the normal trading account that is suitable both for new traders and also experienced trader. The standard account will come with the following features and perks to the account holder.

  1. Ultra-competitive spreads.
  2. No commissions of foreign exchange trades.
  3. Access to more than 200 markets including fx pairs, shares, cryptos, indices and commodities
  4. Access to professional help from their qualified personnel.

The Forex.com Commission Account

This is an account designed to meet the standards of professionals in the forex exchange trade. The commission account offers among the tightest and most lucrative spreads as low as 0.2 plus a $5 commission per 100k on forex trades. Among the features and benefits of a commission account include:

  1. Tight spreads as low as 0.2.
  2. Charges a $5 commission per 100k.
  3. Access to integrated trade ideas from premium third-party trader resources.

The Forex.com Demo Account

The demo account is an account that has been designed to serve clients that are new to the forex trading concept. This account will teach you things such what forex trading is and how to trade using this platform. It has virtual cash that you can use to place trades though without any returns.

The Company. Security Of Funds

As earlier indicated, Forex.com is a subsidiary of GAIN capital, which is its parent company. GAIN capital was formed in 1999 and operates many other forex trading platforms apart from Forex.com. GAIN Capital is a very credible company listed ant the New York stock exchange. Forex.com is a very credible trader having been in the industry for almost two decades. This translates to experience in giving clients what they need according to their respective needs giving them an awesome customer experience.

Its personnel is highly qualified and work round the clock to ensure the comfort and proper relations between the firm and its many clients. Its integrity is one major factor that has helped it survive in the unpredictable environment of forex trading as well as getting them a large client base from all over the world.

Still, on its credibility, Forex.com is licensed and regulated in all its areas of operation and has a clean bill of operating in the Cayman Islands. It has Cayman Islands' approval of operation from the securities investment business law, the territory's monetary authority with a valid license number.

Other regulations and licensing come from the bodies listed below:

  1. Financial conduct authority from the United Kingdom.
  2. Financial services authority from Japan.
  3. Australian services and investment commission.

In a bid to secure clients funds entrusted to the firm, it has put up some measures that will ensure that the funds are kept sound. Among this measures/ include:

  1. Keeping the clients' funds in a separate account from their own operating funds' account.
  2. Utilizing the services of top and credible banks for the storage of these funds.
  3. Never engaging in proprietary trading.

Trading Conditions

The Minimum Initial Deposit

The minimum initial deposit that you need to have your account running is $50 or 50 units of your base currency. It is, however, recommended that you have at least $2500 in your account for you to be able to trade comfortably as well as giving you a shield in your trading prospects.

Trading Platforms

The Advanced Trading Platform

A very sophisticated platform that has been designed to suit serious and very experienced traders to help them in the execution of trades.

The platform come with a lot of features and perks which include:

  1. Provision of professional analytics tools.
  2. Integrated trading strategies.
  3. Advanced charting tools that help in the quick analysis of trades executed.
  4. Highly customizable trade preferences and dashboards a feature that gives this platform a versatility feature.
  5. Provision of an excess of 80 technical indicators and trading tools.

The Web Trading Platform

The web trading platform will help you execute your trades over the internet. The platform is compatible with most of the browsers apart from being easily accessible. Among the perks of using this platform include:

  1. Has advanced charting features.
  2. Has an abundance in technical and drawing tools.
  3. Seamless account management in ease in withdrawal and deposit of funds.
  4. Accessible by most of the browsers available.
  5. Integrated news and market analysis.

The Mobile Trading Platform

The mobile trading platform comes in the form of a downloadable application that will enable you to deal easily while trading. It is compatible with both Android and IOS operating systems.

The perks of using this platform are not limited to:

  1. Easy to use platform that is free on download.
  2. Provides advanced charting and analysis tools.
  3. Has the integrated fund management for managing your funds.

Promotions

The following are among the presently available promotions at Forex.com.

  1. An affiliate program that will let you earn a certain commission by having Forex.com’s banners on your website.
  2. $50 bonus on deposit to a qualified account.

Deposit And Withdrawal Methods

Depositing funds to your account is easy and you can use four ways to achieve this. These are through debit card, wire transfer, eCheck, and Check. Depositing is hassle-free and can take a maximum of only two days to reflect.

Withdrawal is easy and it is just by requesting a withdrawal from ‘MyAccount’ and the request will be processed. The orders will be processed through the means received.

BRIEFLY ABOUT Forex.com

In conclusion, this is among the best forex trading platforms that I have come across. It versatile and has everything in place for every client. This is a very lucrative and popular platform with clients as is evident in the Forex.com customer comments and reviews. This is a very credible trader that I would strongly urge anyone to deal with.

 

Trading accounts of Forex.com

  • FOREXTrader PRO
  • FOREXTrader PRO
  • MetaTrader
  • MetaTrader
  • GAIN GTX Direct
Trading platforms: FOREXTrader PRO
Minimum Deposit : 0 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:400
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPU
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:200
Amount of assets : 78
  • Indices
  • Products
Metals 1:400
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Minimum position size:
0.01 лотов
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Phone trading:
Not
Trading platforms: FOREXTrader PRO
Minimum Deposit : 0 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:400
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPU
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:200
Amount of assets : 78
  • Indices
  • Products
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Minimum position size:
0.01 лотов
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Speed ​​of execution:
1 sec.
Phone trading:
Yes
Trading platforms: MetaTrader 4
Minimum Deposit : 0 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:400
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPU
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:200
Amount of assets : 78
  • Indices
  • Products
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Speed ​​of execution:
1 sec.
Phone trading:
Not
Trading platforms: MetaTrader 4
Minimum Deposit : 0 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:400
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPU
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:400
Amount of assets : 78
  • Indices
  • Products
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Execution type:
Market Execution
Swap Free:
Not
VIP Account:
Not
Spread type:
Floating
Decimal places:
5 characters
Phone trading:
Not
Trading platforms: FOREXTrader PRO
Minimum Deposit : 10000 $
Deposit currency : USD - US Dollar
Trading instruments:
Forex 1:400
Number of currency pairs: 47
  • AUD/CAD
  • AUD/CHF
  • AUD/EUR
  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/CHF
  • CAD/JPY
  • EUR/CZK
  • EUR/DKK
  • EUR/GBP
  • EUR/HUF
  • EUR/JPY
  • EUR/NOK
  • EUR/NZD
  • EUR/PLN
  • EUR/SEK
  • EUR/TRY
  • EUR/USD
  • GBP/AUD
  • GBP/CAD
  • GBP/CHF
  • GBP/JPY
  • GBP/NZD
  • GBP/USD
  • NZD/CAD
  • NZD/CHF
  • NZD/JPY
  • NZD/USD
  • SGD/JPU
  • USD/CAD
  • USD/CHF
  • USD/CNH
  • USD/CZK
  • USD/DKK
  • USD/HKD
  • USD/HUF
  • USD/JPY
  • USD/MXN
  • USD/NOK
  • USD/PLN
  • USD/RUB
  • USD/SEK
  • USD/SGD
  • USD/TRY
  • USD/ZAR
  • ZAR/JPY
CFD's 1:200
Amount of assets : 78
  • Indices
  • Products
Metals 1:200
  • Gold
  • Silver
Energy sources 1:200
  • Oil
  • Gas
Minimum position size:
0.01 лотов
Execution type:
Instant Execution
Swap Free:
Not
VIP Account:
Yes
Spread type:
Floating
Decimal places:
5 characters
Speed ​​of execution:
1 sec.
Phone trading:
Yes

Contacts of Forex.com

Штаб-квартира
USA , Bedminster 135 US Highway 202/206
show on the map
1.908.315.0653 Телефон штаб-квартиры

Recent customer reviews of Forex.com

Yannick Carrasco 25 February 2020

Advantages: I GOT MY MONEY BACK

Disadvantages: NIL

Comment: Don't ever try to trade cause they are bunch of rippers. I have been wasting my time with this unregulated brokers for a long time. They keep asking me to pay for taxes, I wasted my time and efforts with this bunch of scammers. I requested to make withdrawal and my account was frozen for no reason. All my money was gone. I regret every action I took with this scammers all happened because of my ignorance. I was at point of giving up when I was referred to an Ethical Hacker who helped me get back all I lost within 7days. Feel free to consult (ADMIN @ OXOWEALTHRECOVERY . C O M) today and be rest assured your problems is solved. Give a trial today and you will be glad you did.

Comment
Add a COMMENT
Amie Jones 22 February 2020

Advantages: Investments and refund

Disadvantages: nil

Comment: Are you new to bitcoin investment, and wish for a professional and experienced investor for investment strategies, or you recently invested in Bitcoins or traded on Forex or binary options and you are yet to recover your funds, simply contact me on amiejones011@gmail. com I can be of help

Comment
Add a COMMENT
Benny Sandex 18 February 2020

Advantages: NIL

Disadvantages: SCAMMERS

Comment: They use high pressure sales techniques. (So salled senior account manager, etc.). They build a trust relationship with you using various people. They build confidence by trading live via Skype using a so called trader allocated to you and even pay some small "profits" into your bank account. At the same time they pressure you to invest more and more all the time. I suspect all trading accounts are fake live accounts. They get your personal details and commit identity theft and credit card fraud. About € 3000 has been taken from my credit card in one day apart from the trading money invested and the "profits" in the trading account that are inaccessable. Then they disappear from the radar. You get email responses that are standard with no action ever. You cannot withdraw any money. You get NO CONTACT ANYMORE. All names are false. (James Don the trader on Skype; Rome Gianni). All their telephone numbers are untraceable .. registered to no person or company. James Don mentioned he has family in Israel. IP addresses from the emails traced to the following places: Mountain View in the US close to Santa Clara (James Don); the support emails come from the U.K. Zayo Group EU Limited; Rome Gianni's emails come from Israel Bezeq International Ltd. The companies Aston Forex, Aston Markets and Aston Invest Ltd (registered in UK under numer 07913513) seems all linked. The director for Aston Invest is a guy named Lars Chriatian Beitnes (Norwegian) resident in the U.K. I have an address for the guy. He has a track record of folding companies. Aston Invest Ltd has a bank account in the Seychelles: Swift code BARCSCSC and account number 0381005860, address Independence Avenue P.O. Box 167 Victoria Mahe Seychelles. I got the information from Rome Gianni. James Don still appears on Skype but for moments only. I realised the above information when i contacted HORIZON-SECURITY.ORG, an asset tracing company. When i filed a report using their channel; admin@horizon-security.org, they sent the above information even before they retrieved my money. I decided to share this information peradventure it is required for their investigation.

Comment
Add a COMMENT

Forex.com webinars and seminars

11:24 22 JULY, 2017
Webinar: “Live Trading Sessions” - Forex.com

Forex.com’s webinars are led by its team of professionals with the objective of providing real-time trading ideas and insigh ...

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Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
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