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Forex.Com

Forex.com is a global forex and CFD broker established in 1999 and headquartered in the United Kingdom. With over two decades of operation, it has become one of the most recognized names in the online trading industry. The broker offers a wide range of trading instruments including forex pairs, indices, commodities, gold, oil, and crypto CFDs, catering to both retail and professional traders.

Forex.com provides multiple trading platforms, including the popular MetaTrader 5 (MT5), cTrader, and its own proprietary platform, giving traders flexibility in how they access the markets. The broker supports a minimum deposit of $100 and offers a maximum leverage of 1:50, which is conservative and suitable for risk-conscious traders. With a strong emphasis on regulatory compliance and client fund safety, Forex.com has built a reputation for reliability and transparency.

3.4/5
Overall Score
Visit Forex.com
1999
Founded
UK
Headquarters
$100
Min Deposit
1:1
Max Leverage
80
Forex Pairs

About Forex.com

What Is Forex.com?

Forex.com is a global forex and CFD broker established in 1999 and headquartered in the United Kingdom. With over two decades of operation, it has become one of the most recognized names in the online trading industry. The broker offers a wide range of trading instruments including forex pairs, indices, commodities, gold, oil, and crypto CFDs, catering to both retail and professional traders.

Forex.com provides multiple trading platforms, including the popular MetaTrader 5 (MT5), cTrader, and its own proprietary platform, giving traders flexibility in how they access the markets. The broker supports a minimum deposit of $100 and offers a maximum leverage of 1:50, which is conservative and suitable for risk-conscious traders. With a strong emphasis on regulatory compliance and client fund safety, Forex.com has built a reputation for reliability and transparency.

Who Is Forex.com Best For?

Forex.com is well-suited for traders who prioritize regulatory safety and a wide range of trading instruments. Its multiple platform options (MT5, cTrader, proprietary) make it a good fit for traders who prefer advanced charting, algorithmic trading, or a user-friendly interface. The availability of both Standard and ECN/Raw account types, along with a demo account, accommodates beginners who want to practice and experienced traders who seek raw spreads.

However, Forex.com may not be ideal for traders who require TradingView integration, copy trading, or micro accounts. Additionally, since real cryptocurrency, stocks, and ETFs are not offered, crypto traders looking for physical assets and stock/ETF investors should look elsewhere. The maximum leverage of 1:50 is lower than many offshore brokers, so high-leverage traders might find it restrictive.

  • Regulation-focused traders
  • Forex and CFD traders wanting a wide range of instruments
  • Platform flexibility seekers (MT5, cTrader, proprietary)
  • Those needing ECN/Raw spreads
  • Scalpers and hedgers

Is Forex.com Safe and Regulated?

Forex.com is regulated by multiple top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) in the US, the Australian Securities and Investments Commission (ASIC), the Investment Industry Regulatory Organization of Canada (IIROC), and the Monetary Authority of Singapore (MAS). This multi-jurisdictional oversight means clients benefit from high standards of investor protection and operational transparency.

Client funds are segregated, ensuring that trader deposits are kept separate from company funds, and negative balance protection is provided, which prevents traders from losing more than their account balance. While regulations vary by region, the presence of such respected regulators underscores Forex.com's commitment to safety and fair trading practices.

Primary regulator
All licenses heldFCA,CFTC,NFA,ASIC,IIROC,MAS
Segregated client fundsYes
Negative balance protectionYes

Trading with Forex.com

Account Types

Standard AccountECN AccountIslamic (swap-free)Demo AccountPAMM AccountMicro AccountCopy Trading

Trading Platforms

MetaTrader 4MetaTrader 5cTraderTradingViewProprietary Platform

Markets You Can Trade

80 Forex PairsIndicesCommoditiesGold & OilCrypto CFDsReal CryptoStocks & ETFs

Fees and Costs Explained

Forex.com offers two main account types: Standard and ECN/Raw. The Standard account typically has no commission but includes a spread markup, while the ECN/Raw account is designed for traders who prefer raw spreads and are willing to pay a commission per trade. The minimum deposit is $100, making it accessible to most retail traders. Deposit methods include debit/credit cards (Visa and Mastercard), bank wire transfers, and regional e-wallets like Skrill or Neteller.

Withdrawals are processed within 1 to 3 business days, and there is typically no internal withdrawal fee. However, traders should be aware that bank or payment provider fees may apply. Since specific spread and commission figures are not provided, traders are advised to check the broker's website for current rates.

Deposits and withdrawals

Deposit methodsDebit/credit cards (Visa and Mastercard), bank wire transfers, and regional e-wallets like Skrill or Neteller
Withdrawal time1 to 3 business days
Withdrawal feesNo internal fee typically
Inactivity feeNone charged

Trust and verdict

Pros and Cons

Pros
  • Regulated by multiple top-tier authorities (FCA, CFTC, NFA, ASIC, IIROC, MAS)
  • Offers 80 forex pairs, a wide selection for forex traders
  • Multiple platforms: MT5, cTrader, and proprietary platform
  • Segregated client funds and negative balance protection
  • Scalping and hedging allowed
  • No internal withdrawal fee, and fast withdrawal processing (1-3 business days)
Cons
  • Maximum leverage is limited to 1:50, lower than many offshore brokers
  • Does not offer TradingView, copy trading, or micro accounts
  • No real cryptocurrency, stocks, or ETFs
  • Minimum deposit of $100 may be higher than some competitors

Trust Signals

13,300
Trustpilot reviews
active
Trustpilot status
27 yrs
Operating since 1999

Frequently Asked Questions

Is Forex.com regulated?

Yes, Forex.com is regulated by several top-tier authorities including the FCA (UK), CFTC and NFA (US), ASIC (Australia), IIROC (Canada), and MAS (Singapore). This provides a high level of investor protection and oversight.

What is the minimum deposit for Forex.com?

The minimum deposit required to open an account with Forex.com is $100. This makes the broker accessible to many retail traders.

Does Forex.com offer an Islamic account?

The fact sheet does not specify whether Forex.com offers Islamic accounts. It is recommended to contact the broker directly for information about swap-free accounts.

What trading platforms does Forex.com offer?

Forex.com offers MetaTrader 5 (MT5), cTrader, and its own proprietary trading platform. This provides flexibility for traders who prefer different interfaces and tools.

Does Forex.com allow scalping and hedging?

Yes, Forex.com allows both scalping and hedging. Traders can employ these strategies without restrictions as per the fact sheet.

Verdict

Forex.com is a well-established and highly regulated broker that is a solid choice for traders who value safety and transparency. Its broad range of forex pairs, multiple platforms, and account types cater to both beginners and experienced traders. However, its lower maximum leverage and lack of certain popular features like TradingView and copy trading may deter some. Overall, Forex.com is best suited for traders who prioritize regulatory compliance and a reliable trading environment over high leverage or exotic features.

Forex.com Features
RegulationFCA,CFTC,NFA,ASIC,IIROC,MAS
Min Deposit$100
Max Leverage1:1
Founded1999
Islamic AccountNo
Copy TradingNo
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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