FOREX.com Review

Updated:April 1, 2025
FOREX.com
Review

Fast Facts

Founded:
1999
Trading Instruments:
Forex, Indices, Shares, Commodities, Metals, Crypto, Thematic Indices, Bonds, Options, Interest Rates
Funding Methods:
Bank Wire Transfer, Credit/Debit Cards
Max Leverage:
1:200
Islamic Accounts (Swap-Free):
No
Headquarters:
United Kingdom
Number of employees:
4300+
Regulations:
CySEC (Cyprus)
FCA (UK)
ASIC (Australia)
NFA (USA)
FSA (Japan)
Trading Platforms:
MetaTrader 4, MetaTrader 5
Account Currencies:
USD, EUR, GBP
Min Deposit:
2'500 USD
Company name:
StoneX Europe Limited
Top persons:
Glenn Stevens - CEO, John P. Kelly – Senior Vice President, Tom Dugan – CFO

Account types

StandardRAW SpreadMT5 account
Minimum Deposit2'500 USD
Maximum Leverage1:200
Spread from (pips) 0.7 0.0 0.7
Commission per lot (USD) 0.0 5 USD per $100.000 notional traded 0.0
Minimum Trade Size1
Step0.1
Execution TypeMarket Execution
Trading InstrumentsForex, Indices, Shares, Commodities, Metals, Crypto, Thematic Indices, Bonds, Options, Interest RatesForex
Margin Call
Stop out
Swap Free
CurrencyUSD, EUR, GBP

Demo account

Forex.com offers demo accounts as a valuable tool for both beginner and experienced traders looking to practice and hone their trading skills in a risk-free environment. The demo account provides users with virtual funds to simulate real market conditions, allowing them to get comfortable with the trading platform, explore different strategies, and understand the market dynamics without risking actual capital. The demo account on Forex.com offers access to the same features available on live accounts, including real-time market data, advanced charting tools, and risk management features like stop-loss and take-profit orders. Users can trade forex, commodities, indices, and other instruments just as they would with a real account. This allows traders to test various strategies, familiarize themselves with the trading platform, and build confidence before transitioning to live trading.

Deposits / Withdrawals

  • Deposit Methods: Bank Wire Transfer, Credit/Debit Cards
  • Account Currencies: USD, EUR, GBP

Contact Info and Support

Company Address:

Nikokreontos 2, 5th Floor, 1066 Nicosia, Cyprus

Supported languages: English, German, Polish

FAQs

  • What is Forex.com?

    Forex.com is an online brokerage that provides forex, futures, and other financial instruments for trading on various platforms.

  • Is Forex.com regulated?

    Yes, Forex.com is regulated by several authorities, including the CFTC and NFA in the U.S., and the FCA in the UK.

  • What platforms does Forex.com offer?

    Forex.com offers its proprietary platform, as well as access to popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

  • Can I trade cryptocurrencies with Forex.com?

    Yes, Forex.com offers trading in major cryptocurrencies such as Bitcoin, Ethereum, and others.

  • What is the minimum deposit for Forex.com?

    The minimum deposit required to open an account with Forex.com is $50.

  • Does Forex.com charge withdrawal fees?

    Forex.com does not charge withdrawal fees, though third-party payment processors may apply their own fees.

  • What leverage does Forex.com offer?

    Forex.com offers leverage up to 50:1 for retail forex traders, depending on the asset and jurisdiction.

  • Is there a demo account available on Forex.com?

    Yes, Forex.com offers a free demo account to help traders practice their skills with virtual funds.

  • How can I contact Forex.com’s customer support?

    Forex.com provides customer support via live chat, phone, and email, available 24/5.

  • What educational resources does Forex.com provide?

    Forex.com offers webinars, trading guides, video tutorials, and daily market analysis to help traders improve their knowledge.

About FOREX.com

Forex.com is a well-established online forex and futures broker that has been providing trading services since its inception in 2001. As part of the GAIN Capital group, Forex.com has earned a solid reputation in the trading community, offering a broad range of financial instruments for both retail and institutional traders. The platform specializes in forex trading but also provides opportunities in commodities, indices, and cryptocurrencies, catering to a wide spectrum of investors.

One of the key features of Forex.com is its powerful and user-friendly trading platform. The company offers a proprietary trading platform, as well as access to popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), known for their advanced charting tools, automated trading options, and real-time market analysis. These platforms are available on desktop, web, and mobile devices, providing flexibility and accessibility for traders on the go.

Forex.com is also known for its competitive pricing structure, with tight spreads and low commissions. The broker offers various account types, including standard accounts for casual traders and advanced accounts for professionals who require greater leverage and more complex tools. The leverage options vary by instrument, with forex leverage reaching up to 50:1 for retail traders, depending on jurisdiction.

In terms of security, Forex.com ensures that its clients’ funds and data are well protected. The company is regulated in several key markets, including the U.S. by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), as well as by the Financial Conduct Authority (FCA) in the UK, making it a trusted choice for traders looking for a reliable and transparent brokerage.

Another advantage of Forex.com is its comprehensive customer support, which is available 24/5 through various channels such as phone, live chat, and email. The broker also provides a wide array of educational resources, including market insights, webinars, and trading guides to help traders improve their skills and stay updated on the latest market trends.

Forex.com also offers a demo account where new traders can practice without risking real money. This allows users to test strategies and familiarize themselves with the platform before diving into live trading. Additionally, Forex.com’s robust mobile trading apps allow users to monitor their positions, place trades, and manage their accounts from anywhere in the world.

Bottom line

FOREX.com stands out as one of the most reputable and accessible brokers in the forex and futures trading space. With its regulatory compliance, advanced trading platforms, educational resources, and excellent customer support, Forex.com continues to be a trusted choice for traders of all experience levels looking to engage in global financial markets.

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