Forex.com Review

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Overview

If you want to stick with a reputable and well-known forex broker then Forex.com is the right choice for you. Forex.com was founded in 1999 by GAIN Capital Group, the leader and most respectable company in the global currency trading sector. Forex.com has clients

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Details

Broker Forex.com
Website URL www.forex.com
Founded 1999
Headquarters Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921.
Support Number 1 877 367 3946
Support Types info@forex.com
Languages English, Chinese (Traditional and Simplified), Russian, Arabic, Japanese
Trading Platform FOREX Trader Pro, Mobile trading, Website trading
Minimum 1st Deposit $2500
Minimum Trade Amount 0.01 lots
Bonus Bonus for First Deposit
Leverage 1:50
Spread Variable, as low as 1.1 pips
Free Demo Account Yes
Regulated Yes
Regulation NFA (USA), CFTC (USA), FCA (UK), FSA (Japan), ASIC (Australia), IIROC (Canada)
Account Types Standart Account: minimum deposit: $2,500 minimum lot size: 100k max leverage: 50:1 Majors, 20:1 Minors US; Up to 200:1 UK and AU only, Mini Account: minimum deposit: $250 ($500 in US) minimum lot size: 10k max leverage: 50:1 Majors, 20:1 Minors US; Up to 200:1 UK and AU only
Deposit Methods Bankwire, Paper Check, CreditCard, eCheck (US Citizens Only)
Withdrawal Methods Bank Wire, Paper Check, Credit Card
US Traders Allowed Yes
Mobile Trading Yes
Tablet Trading Yes
Overall Score 3.4

Screenshots

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Full Review


If you want to stick with a reputable and well-known forex broker then Forex.com is the right choice for you. Forex.com was founded in 1999 by GAIN Capital Group, the leader and most respectable company in the global currency trading sector. Forex.com has clients and trading partners in more than 140 countries worldwide with well over $250 billion in transactions per month. GAIN is the actual corporation that runs Forex.com, and is well-known throughout the world as a leading Forex dealer.

 

The broke is among the largest in United States, which is heavily advertised in US mass-medias.

 

Forex.com is regulated by wide range of regulators – Commodity Futures Trading Commission (CFTC) in the USA, Financial Services Authority (FSA) in the United Kingdom, Financial Services Agency (FSA) in Japan, Securities and Futures Commission (SFC) in Hong Kong, Australian Securities and Investments Commission (ASIC) in Australia.

 

The minimum deposits for opening a mini account, a standard account and a managed account are $250, $2,500 and $5,000, respectively. No matter what account type you chose, the process for setting up a real account is easy and takes only a few minutes – you need to their official website and fill the form, if not you need to mail or fax the application form.

 

Trading Platform

 

By choosing Forex.com, traders are faced with two trading platforms – website trader and the Forex Trader Pro. We found that the website based trading platform is a bit different than other platforms, but you’ll get compartmentalized news and analysis part. Forex Trader Pro, as the name states is better suited for advanced traders.

 

Features

 

Forex.com is providing wide range of features that are doing an excellent job:

– You’ll get on regular basis quality market updates provided by Forex.com analysis team, the advantage of this researches is that they are written in comfortable and understandable way.

– You’ll get invaluable trading webinars and useful forex trading educational materials.

– You can link ZuluTrade to your Forex.com account, this is a great help for novices who need a bit of extra help.

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