Top Forex Brokers

Broker	Reviews	Min Deposit
Octafx	Octafx Review	$5
Freshforex	Freshforex Review	$1
InstaForex	Instaforex Review	$1
FBS	FBS Review	$5
XM	XM Review	$200
AvaTrade	AvaTrade Review	$200

Details: Written by Forex Explore; Last Updated: 21 May 2018; Hits: 9173

Latest Updated General Information Forex.com Broker

Reviewed broker: Forex.com

Operated by: the broker is a subsidiary of GAIN Capital Holdings.

Regulation: US Commodity Futures Trading Commission CFTC, National Futures Association NFA, FCA (UK), ASIC (Australia), ILLROC (Canada), SFC (Hong Kong), FFAJ (Japan)

2017, FXCM reached a settlement related to charges by the National Futures Association (“NFA”) and the Commodity Futures Trading Commission (“CFTC”) to withdraw from the US market. A non-binding letter of intent has been signed with GAIN Capital Holdings (owner of the retail brand Forex.com) to transfer all accounts at no expense to the customer. No date has been set for the transition yet.

Location: USA

Representative offices: US, UK, Canada, Japan, and Australia

USA Traders: allowed

Established in 1999

Trading instruments: Forex, commodities, indices

Why traders choose FOREX.com

Clear & competitive pricing

Maximize your potential with straightforward pricing and exceptional trade executions.

Real time market analysis

Stay ahead of price action with access to actionable market insights, real time trade signals and more.

Professional trading platforms

Trade with maximum control on our advanced forex trading platforms optimized for currency traders.

Quality execution on every trade

Many brokers claim to have superior execution, but do they have the numbers to back it up? We do.

Transparent, competitive pricing

Get the most out of every trade with our clear, competitive pricing. No complicated schemes, no small print.

Key reasons to trade forex

Flexible schedule

You can trade 24 hours a day, five days a week.

World of opportunity

Trade forex in rising and falling markets.

No commissions

The cost of trading is reflected in the spread.

Take advantage of leverage

Gain full exposure with just a small initial deposit (with increased leverage comes increased risk)

Trading Platform Features of Forex.com

Trading platforms: ForexTrader, Metatrader 4 MT4

FOREXTrader

The flagship platform for currency traders puts you in the driver's seat of your trading experience. Trade your plan with maximum control over your strategy, performance and speed. One account give you access to your account from desktop, mobile or tablet device.

MetaTrader 4

Here you have the world's largest MT4 broker. Experience MT4 at its best with reliability, integrated insights and account management features.

Integrated Reuters news and FOREX.com global market research
Free EA hosting capabilities
Web and mobile trading support

Web-based interface: yes

Download interface: yes

Currency pairs: 50

Account types: standard, activetrader premium

Minimum deposit requirement: $250 which is a bit high compared to other alternative forex brokers such as XM, IG, FxPro, CMC Markets, and Plus500 and others

Maximum leverage: 1:50 (for USA traders) , 1:200

Real-time charting: yes

Pattern recognition Autochartist: yes

Spreads start from 1.4 pips on major currency pairs

Minimum trade size: 0.01

1 click trading: yes

Advanced order types: OCO, if/then, trailing stops

Demo account: available, but limited, however can be renewed upon request

Segregated accounts for client funds: no

Islamic swap-free accounts: no

Managed accounts: available

Spread types: variable

Educational material: yes

Trading signals: yes

Scalping: allowed

Hedging: not allowed

Automated trading: available

VPS services: no

API trading: yes

Payment methods within Forex.com

Minimum deposit requirement: $1,000 very high requirement compared to other online forex brokers such as XM, eToro, Avatrade, Instaforex and others.

Payment methods include credit cards, wire transfer, Skrill and Neteller

Customer Service

Online chat: available

Email support: yes

Phone representatives: yes

Educational Material and Promotions

Education: steaming market commentary, market research and review, trading central, reuters news, economic calendar, Tutorials for Beginner, Intermediate and Advanced traders, Platform Tutorials, fundamental and technical analysis

Promotion: during our Forex.com review we were unable to find any promotional bonus offers from the broker.

How was the rating of Forex.com performed compared to other brokers?

This 2018 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Forex.com FX broker performance and features.

Overall our online Forex.com review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Forex.com or you find inaccurate details Forex.com broker review please get in touch with us and the changes will be applied.