Forex.com has been established in 1999 in the United States of America. It is part of StoneX Group Inc. The company offers Forex and CFD trading worldwide. Forex.com serves over 140 000 clients and provides them access to instruments traded OTC (over the counter) and exchange-traded products which traded at over 30 world exchanges.
Open Account | Support | Withdrawal | Deposit | Execution | Spread | Overal rating | |
---|---|---|---|---|---|---|---|
Forex.com offers three types of accounts. The first account is on its own platform. The second type is the Meta Trader account. In addition, the third type is DMA (direct market access account). This type gives you direct pricing from top-tier liquidity providers, the spread starts from 0.1 pips and the standard commission is 20 USD million trades.
Trader | Premium | Professional | |
Major Indices | 5% (20:1) | 5% (20:1) | 0.25% (400:1) |
Major FX | 3.33% (30:1) | 3.33% (30:1) | 0.25% (400:1) |
Commodities | 10% (10:1) | 10% (10:1) | 0.5% (200:1) |
Shares | 20% (5:1) | 20% (5:1) | 3% (33:1) |
Crypto | 50% (2:1) | 50% (2:1) | 5% (20:1) |
Trader | Premium Trader | Professional Trader | |
Negative balance protection | ✔ | ✔ | |
Best execution | ✔ | ✔ | ✔ |
50% margin close out | ✔ | ✔ | ✔ |
Dedicated relationship manager | ✔ | ✔ | |
Priority service | ✔ | ✔ | |
Broker assisted trading* | ✔ | ✔ | |
Loyalty rewards | ✔ | ✔ | |
Hospitality events | ✔ | ✔ | |
Credit facility for qualified clients | ✔ | ||
Increased leverage | ✔ |
In addition, Forex.com UK offers Spread Betting accounts for United Kingdom citizens (tax-free accounts).
The brand Forex.com offers over 90 forex pairs. They offers also 15 world indices, 220 UK and US shares CFDs, Crude oil and the four most famous cryptocurrencies – Bitcoin, Ethereum, Litecoin, and Ripple. The total number of instruments is over 300.
Forex.com is the largest Meta Trader broker. They also offer their own platform. This includes desktop, mobile (both iOS and Android version) and web version.
The Metatrader platform itself is a very powerful platform with many addons thanks to the integrated MQL4 programing language and the bild comunity during the years. There are tons of addons which the trader can use to trade , analyze the market or just to make his trading experience better. The metatrader users can take advantage from the build in social trading which can bring together the signal providers and the clients who want to diversificate their trading by investing in profitable trading signals.
For users who want to trade with robots there is a build in VPS feature , so their robots can safely work 24/7 without the need of working platform on the client pc.
Forex.com is a world-class broker. It offers a big amount of instruments through different platforms and regulatory jurisdictions. The spreads are competitive and the company is one of the first choices of the traders.
Disclaimer:
Forex.com: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Miroslav Georgiev is Senior Risk Executive with 20+ years of professional wide-ranging experience in multinational forex companies. Take part in Global setup and development of Forex and CFD being an active part of the Business Team. Build and manage Risk management departments and teams.
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