Global Forex Awards Live Market: Sydney Next session in --:--:--
🏆 Forex Awards
Advertisement Advertisement

FOREX.com

Est. 2001 · New Jersey, USA · Regulated by ASIC, CFTC, CIMA, CySEC, FCA, FSA, IIROC, NFA

Min Deposit$100
Max Leverage1:50 and 1:30 for EU
RegulationASIC, CFTC, CIMA, CySEC, FCA, FSA, IIROC, NFA
Founded 2001
PlatformsMobile App, Web Trader, MetaTrader 5
HeadquartersNew Jersey, USA
Demo Account Islamic Account Crypto Trading Affiliate Program Scalping Hedging

Trading Conditions

Accounts & Platforms

Deposits & Withdrawals

Regulation & Safety

Company Information

Founded in 2001, Forex.com is a well-regulated broker that caters primarily to serious beginners and experienced traders due to its high minimum deposits and low fees. While beginners might be deterred by the high trading costs on the entry-level Standard and MT5 accounts, experienced traders will find the Commission and DMA accounts appealing, with minimum deposits of 100 USD and 25,000 USD, respectively. These accounts offer highly competitive spreads, starting at 0.0 pips on the EUR/USD, coupled with some of the lowest commissions in the industry.

Forex.com supports MT4, MT5, and its proprietary trading platform, providing a range of advanced trading tools like Autochartist, Trading Central, Trading View, SMART Signals, and subsidized VPS hosting.

The broker also excels in education and market analysis, making it a valuable resource for experienced traders. The wide range of tradable assets includes over 91 currency pairs, 4500 share CFDs, commodities, indices, precious metals, and cryptocurrencies.

Pros

  • Well regulated
  • Wide range of assets
  • Excellent education
  • Fast order execution.
  • MT4/MT5 trading platforms
  • Transparent trading environment
  • Quality trading tools and performance analytics.
  • VPS hosting for algorithmic traders.
  • Research and education for traders.

Cons

  • High inactivity fees
  • Limited demo account

Leave a Comment

Your email address will not be published. Required fields are marked *