FOREX.com Review – Is FOREX.com a reliable broker?

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FOREX.Com RATING

FOREX.Com Review

Account Minimum: $50
Fees: Average EUR/USD spread is 1.3
Best For: The very active forex trader

Forex.com account
  • Trust
  • Desktop Experience
  • Mobile Experience
  • Investment Products
  • Commissions and Fees
  • Customer Support
  • Country : UK, USA
  • Regulation : FCA, NFA, ASI, FSA and more
  • Markets : Forex and CFDs
  • Minimum deposit : 250 USD
  • Deposit methods : card and transfer.
  • Platforms: DealBook, ForexTraderPro, MetaTrader 4
  • Spread : from 1.8 EURUSD
  • Commissions : no
  • Scalping : yes

Forex.com is one of the oldest and largest brokers on the world Forex scene. This United States broker belongs to the financial group GAIN Capital Holdings , which is listed on the New York Stock Exchange (GCAP). In addition, it is regulated by the NFA, SEC, FSA (Japan), SFC (Hong Kong), ASIC, IIROC (Canada) and the British FCA.

This prestigious broker has been in the market for more than 15 years, and is today one of the largest retail Forex brokers in the world.

Minimum deposit Forex.com

The minimum deposit will be 250 USD or the equivalent. To deposit, you can use a debit card, transfer or eCheck.

Forex.com Platforms

The platforms it offers are MetaTrader 4, DealBook and FOREXtraderPro. The latter is a powerful platform exclusive to this broker which can be used on PC or web.

Forex.com markets and commissions

This broker offers trading in Forex and CFDs.

Forex.comSpreadLeverage
EURUSD1.8400: 1
GBPUSD2.1400: 1
USDJPY1.5400: 1
AUDUSD1.6400: 1
XAUUSD0.45400: 1
SP5000.5200: 1
Nasdaq1.3200: 1
DAX2.5200: 1
WTI0.05200: 1

Forex.com does not charge commissions in operations. It is a Market Maker broker that includes them in the spreads.

Invest in the world’s leading social trading platform

Risk warning!

For the United States, the maximum leverage is 50: 1, in addition to not offering CFDs .

In July 2018, a new maximum leverage will be applied for traders residing in Europe by ESMA regulations.

The same, which will apply to Forex products and CFDs we have it in the following table:

productsNew leverage
Main Forex pairs30: 1 or 3.33% margin
Main indices, gold and minor Forex pairs20: 1 or 5% margin
Lower indices, commodities and exotic Forex pairs10: 1 or 10% margin
Actions5: 1 or 20% margin
Cryptocurrencies2: 1 or 50% margin

However, this broker offers futures trading through Gain Capital’s subsidiary futures.com (formerly OpenEcry).

Forex.com offers institutional forex trading through its GTX affiliate.

Forex.com review

This is one of the oldest secure brokers on the market. One of the first to appear on the scene together with FXCM.

Forex.com has remained true to its essence as always, being a Market Maker and offering acceptable conditions for trading.

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