|Rating||FOREX.com does not participate in the Forex Rating|
|Regulation||NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC|
|Trading software||MetaTrader4, FOREXTrader PRO, FOREXTrader|
|Headquartered||Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921, USA|
FOREX.com is a global leader in online currency and CFD trading for private traders in the world. The broker started its operations in the international financial markets in 2001 and since then has become an industry leader. The company team strives to deliver highly competitive pricing, reliable trading orders execution and innovative trading instruments to help their customers to be successful in trading on the most important financial markets of the world.
The broker pricing is very competitive, reliable and absolutely transparent. The broker team spent more than ten years investing in informational technologies and elaborating a liquidity network of trading partners, therefore the broker is able to consistently quote tight spreads, in any kind of financial market conditions.
At FOREX.com a trader is having affairs with a stable, reliable, strong and safe broker. The FOREX.com parent company is GAIN Capital Holdings is listed on The New York Stock Exchange. That is why FOREX.co meets the highest possible standards of corporate governance and financial reporting.
The broker team continuously strives to offers their clients the best trading and investing tools and resources to help them trade profitably in the global markets. FOREX.com provides several trading platforms and all kinds of traders will find software suitable especially for them.
The quality of orders execution may impact trading profit as much as tight spreads. At the broker every aspect of the trade process is automated, with the aim to ensure the clients trades are executed extremely fast, without any manual interference, and at the price a trader expects is a better one. The broker consistently executes 99.9% of all trades in less than a second, with a medium execution speed of only sixty milliseconds.
When the market moves to a trader favor, the FOREX.com trading technology automatically executes a client’s trade at a better price. And the broker is successful at this: Last year, one hundred percent of orders were executed at the requested price or even better, with 65% of orders getting improvement of price.
FOREX.com Trading Information 2021
|Address||Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921, USA|
|Free phone||1.877.367.3946 (US)|
|24 hour support|
|24 hour trading|
|Accepts US traders|
|Digits after the dot in quotes||5|
|Minimum position size||1|
|Pip spread on majors||1.1-1.3|
|Standard account, $||2500|
|Mini account, $||500|
|Popular payment methods||Wire Transfer, Check, PayPal|
|Account currencies||EUR, USD, GBP, AUD, CHF, JPY|
|Available assets||Spot Metals (US unleveraged trading, UK and AU leveraged trading), CFDs (UK and AU only)|
|Languages||English, Chinese, Japanese, Russian, Arabic, German|
|Platforms||MetaTrader4, FOREXTrader PRO, FOREXTrader|
|Broker type||Broker, MM|
|Regulation||NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC|
|Bitcoin Forex Brokers|
FOREX.com Reviews and Comments
I have a deposit pending for nearly 30 days now. When I call to find out what is wrong the claim to need more info (ssn, address etc.) and I provide it. Each time I call they want something different until recently when they started asking for info that I have already provided. I being sent a wild goose chase and they are keeping my money tied up and unavailable. Nobody at Forex.com seems to want to fix this.
Jim 11 Apr 2021 Reply
Bad. I think, all the good reviews here are paid for. I got the impression that no matter how you trade, they always work against you, making profitable trade impossible. Hidden rules, bad executions. I can not close a profitable trade but ok to close once it becomes unprofitable, Nice! how do you like that. This company deserves to be investigated by authorities.
John 29 Jul 2020 Reply
After a short period of smooth trading problems began. It is impossible to close or change orders for a few seconds, which is critical. While the Internet connection is fine with me. I had enough of this and I will not trade more with them. Withdrawal took almost 2 weeks! The support did not respond more than 6 business days. While waiting for the withdrawal, I’ve read about them, I realized that I was not the only one with such issues. In general, I do not recommend to risk and spend your nerve on them. This is an absolutely unprofessional broker, it’s a torture to with them.
Axel 22 May 2019 Reply
Forex.com is quite a good broker, comparing to the others. Have not had any problems with them during the last three years. The withdrawals are done in their due time. The speed of order execution is average. Sometimes there are requotes and terminal freezes which is not good for scalping. All in all I am quite satisfied with the trading conditions. Stay Away! I tried to withdraw/close my account with Forex.com. Submitted all documents requested, final step was to "chat" with someone in the UK, just the basic run around; they KEPT my money.
chinni teja 5 Dec 2018 Reply
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Stay Away! I tried to withdraw/close my account with Forex.com. Submitted all documents requested, final step was to "chat" with someone in the UK, just the basic run around; they KEPT my money.
Robert 2 Jul 2018 Reply
I tried to withdraw/close my account with Forex.com. Email all requested documents, last step was to chat with someone in the UK. Got the basic run around, they kept my money. Don’t trade with Forex.com
Robert 29 Jun 2018 Reply
Been with Forex 5 years trading my own money for 2 years, good broker, only thing Im not keen on is their new platform, the old one was better and easy to use. Its taken me a few months to get into the new one but it does not give important info needed at hand. No problems with deposits or withdraw, customer service is good, but they did stream line their London office so now I never get calls from the rep.
Simon Harries 15 Mar 2018 Reply
That’s my first post ever regarding forex.com. It’s not about my experience but about real info regarding this broker. All these negative comments are not true. No problems in withdrawals. No problems with spreads during rollover. I trade an Expert Adviser on MT4 that can’t stand 6 pips spread on crossing pairs like gbp/jpy, etc. Positions are opened exactly at 5pm and there is no spreads above 5 points. I have been trading for 2 yrs and have a good experience overall. All negative comments are due to lack of experience and definitely not because of the broker.
Dr. Blanchard 13 Mar 2017 Reply
Forex.com allows me to enjoy trading and make profit at the same time. In general this forex broker offers powerful tools and helpful educational material. There are three platforms available here: MetaTrader4, FOREXTrader PRO and GTX-Forex ECN, the last one allows client to client trading. So, I’ve chosen GTX sending my orders to professional traders, global banks and funds. I am satisfied! Advanced functionality and no intermediaries. That’s what I need. In addition the broker offers transparent pricing and really fast execution when requotes are extremely rare.
Stifff 20 Jun 2016 Reply
I’m impressed by Forex.com due to its stunning client support. The manager has called me, explained, offered the tools… assistance… and education. That attention is really at the right moment because I just cope with all those things. As far as I know, the platform MetaTrader4 is recommended. And I open account here. I am trading with no deposit bonus – no profit yet but I’ve got the idea of how it works and I like it. Good execution and useful analysis. thanks a lot for educational material and comprehensive explanations.
Neil 19 Jun 2016 Reply
All FOREX.com Reviews