Forex.com, established in 2001, is a trusted global leader in forex and CFD trading. The platform offers access to a vast array of markets, including forex, indices, commodities, and cryptocurrencies. Renowned for its competitive pricing, advanced trading tools, and fast execution, Forex.com caters to both novice and experienced traders.
Outstanding ingredients
FOREX.com is a reputable forex broker that has received numerous awards in the financial industry. Below are some of their notable achievements:
2024:
- Dubai Forex Expo: Best HNW Service Award.
- Rankia Awards: Best CFD Broker Award.
2023: Dubai Forex Expo: Best HNW Service Award.
ForexBrokers.com Annual Review
- Ranked “Best” in the following categories: Overall ; Mobile Trading App ; Investment Portfolio
- Awarded “Best New Tool” for Performance Analytics.
2022:
- Dubai Forex Expo: Best HNW Service Award.
- Rankia Awards: Best CFD Broker Award.
2021:
- Dubai Forex Expo: Best HNW Service Award.
- InvestinGoal Best Broker Awards: Best Broker in North America Award.
- ADVFN International Financial Awards: Best Forex Platform Award.
- Online Personal Wealth Awards: Best Education Award.
Operating license
FOREX.com is a reputable forex trading platform licensed and regulated by leading financial authorities worldwide. Below are details about the licenses held by FOREX.com:
- United States: GAIN Capital Group LLC is regulated by the National Futures Association (NFA) with registration number 0339826, operating as a Market Maker.
- United Kingdom: GAIN Capital UK Limited is regulated by the Financial Conduct Authority (FCA) with registration number 113942, operating as a Market Maker.
- Australia: StoneX Financial Pty Ltd is regulated by the Australian Securities and Investments Commission (ASIC) with registration number 345646, operating as a Market Maker.
- Japan: GAIN Capital Japan Co., Ltd is regulated by the Financial Services Agency of Japan (FSA) with registration number 関東財務局長（金商）第291号, holding a retail forex trading license.
- Canada: GAIN Capital – FOREX.com Canada Ltd. is regulated by the Investment Industry Regulatory Organization of Canada (IIROC), operating as a Market Maker.
- Singapore: StoneX Financial Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS), holding a retail forex trading license.
Security and Reliability of the FOREX.com Platform
Privacy policy
FOREX.com is committed to protecting your personal and financial information. Their Privacy Policy outlines how they collect, use, and safeguard your data.
- Collection of Personal Information: FOREX.com collects personal information directly from you and indirectly through your interactions with their services. This information is used to verify your identity, establish and manage your trading account, and communicate with you regarding account information.
- Use and Sharing of Personal Information: Your personal information is primarily used to provide and improve FOREX.com’s services. They may share your information with non-affiliated third parties for specific purposes, such as verifying your identity or processing transactions, but only under strict confidentiality agreements. Additionally, they may disclose your information to regulatory or law enforcement authorities as required by law.
Segregation of Client Funds
FOREX.com maintains client funds separately from its own operating capital. These funds are distributed across a global network of custodian banks, each holding an investment-grade rating and monitored according to guidelines set by the Risk Committee of StoneX Group Inc.’s Board of Directors.
Investor Protection Schemes:
Investor protection varies by jurisdiction. For instance, in Canada, client funds are protected by the Canadian Investor Protection Fund (CIPF) up to CAD 1 million.
However, in the United States, client funds are not protected by a government-backed investor protection scheme. If a dealer becomes insolvent, clients may not recover their funds.
Outstanding features of the FOREX.com platform
Wide Range of Trading Instruments
One of the standout advantages of FOREX.com is its wide range of trading instruments, which gives traders access to a broad selection of financial markets. The platform offers over 80 currency pairs, including major, minor, and exotic pairs, allowing traders to explore a diverse set of opportunities.
In addition to forex, FOREX.com provides access to a wide variety of commodities such as gold, silver, and oil, as well as stock indices, enabling traders to hedge and diversify their portfolios effectively. This diverse selection makes FOREX.com an attractive choice for traders seeking to trade across multiple asset classes from a single platform.
Advanced Trading Platforms
FOREX.com stands out for its advanced trading platforms, offering both proprietary and popular third-party tools to cater to a wide range of trader needs. The platform’s FOREX.com Web Trader is designed with user-friendly navigation and powerful features, including advanced charting tools, custom indicators, and real-time market data. This platform enables traders to execute trades seamlessly, whether they are looking for quick market entries or in-depth technical analysis.
The intuitive interface allows both beginners and experienced traders to access the features they need without feeling overwhelmed. Additionally, FOREX.com’s platform is optimized for fast trade execution, ensuring that traders can react to market movements without delay.
Educational Resources and Support
FOREX.com excels in offering extensive educational resources and support, which are invaluable for both novice and experienced traders. The platform provides a variety of learning materials, including webinars, video tutorials, articles, and guides that cover everything from the basics of forex trading to advanced technical analysis and risk management strategies.
These resources are designed to help traders at all levels improve their skills and deepen their understanding of the financial markets. FOREX.com also hosts live webinars and market analysis sessions, where traders can interact with experts and stay updated on current market trends and trading strategies.
Risk Management and Protection Features
FOREX.com offers a range of risk management and protection features to help traders control their exposure and protect their investments. One of the key tools is the stop-loss order, which automatically closes a position when a specified price level is reached, limiting potential losses. In addition, traders can use take-profit orders to lock in profits at predefined levels.
The platform also offers negative balance protection, ensuring that traders cannot lose more than the funds available in their accounts, which provides peace of mind, especially in volatile market conditions.
Robust Security Measures
FOREX.com prioritizes robust security measures to safeguard client data and funds. The platform employs SSL encryption, which protects sensitive information such as account details and financial transactions by making them unreadable to unauthorized parties. This high level of encryption ensures that all communication between the trader and the platform is secure.
Additionally, FOREX.com uses multi-factor authentication (MFA), adding an extra layer of protection when logging into accounts, ensuring only authorized users can access their funds and personal information.
Types of accounts on FOREX.com
Standard account
Ideal for traders looking for the traditional forex-trading experience, our standard account offers ultra-competitive spreads with no hidden costs.
| Accounts | Standard |
| Minimum deposit | $50 |
| Spread³ | From 1.0 pip |
| Commission | No |
| Maximum leverage | 1:2000 |
| Instruments | – Over 80 currency pairs (major, minor, and exotic pairs) – Commodities such as gold, silver, oil, and agricultural products – Stock indices like the S&P 500, Dow Jones, and FTSE 100 – Cryptocurrencies including Bitcoin, Ethereum, and Litecoin |
MetaTrader account
FOREX.com elevates your MT5 experience. Trade on the popular platforms but with access to dedicated trading tools exclusive to FOREX.com. When you trade on your MT5 account with FOREX.com, you get the most out of your trading potential.
| Accounts | MetaTrader |
| Minimum deposit | $50 |
| Spread³ | From 1.0 pip |
| Commission | No |
| Maximum leverage | 50:1 |
| Instruments | – Over 80 currency pairs (major, minor, and exotic) – Commodities such as gold, silver, and oil – Stock indices like the S&P 500, NASDAQ, and FTSE 100 – Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin – Precious metals (e.g., platinum, palladium) |
RAW Spread account
For traders looking for the flexibility of trading significant reductions on spreads. Trade with spreads as low as 0.0 on FX majors on FOREX.com trading platforms and MetaTrader.
| Accounts | RAW Spread |
| Minimum deposit | $500 |
| Spread³ | From 0.0 pip |
| Commission | $5 per lot per side (for standard lots) |
| Maximum leverage | 50:1 |
| Instruments | – Over 80 currency pairs (major, minor, and exotic) – Commodities such as gold, silver, and oil – Stock indices like the S&P 500, NASDAQ, and FTSE 100 – Cryptocurrencies such as Bitcoin, Ethereum, and Litecoin – Precious metals (e.g., platinum, palladium) |
Types of platforms on FOREX.com
MetaTrader: MT4, MT5
MetaTrader 4 (MT4): A widely used platform for forex trading, known for its user-friendly interface, advanced charting tools, technical indicators, and automated trading capabilities with expert advisors (EAs).
MetaTrader 5 (MT5): An upgraded version of MT4, MT5 offers additional features, including more timeframes, more order types, an economic calendar, and the ability to trade a wider range of instruments, including stocks and commodities.
Web trader
FOREX.com offers a Web Trader platform, which is a browser-based trading platform. It provides an intuitive interface with access to a wide range of markets, advanced charting tools, real-time market data, and seamless order execution, all without the need to download any software. It’s designed for traders who prefer convenience and flexibility while trading from any device with internet access.
Mobile apps
FOREX.com offers mobile apps for both iOS and Android, providing traders with access to their accounts on the go. The mobile apps offer real-time market data, advanced charting tools, seamless order execution, and account management features, allowing users to trade and monitor positions from anywhere at any time.
TradingView
FOREX.com integrates with TradingView, a popular charting and social trading platform. This allows traders to access advanced charting tools, custom indicators, and real-time market analysis while executing trades directly from TradingView using their FOREX.com account. It’s ideal for traders who want a powerful, visual trading experience combined with the ability to place trades seamlessly.
Conclusion
In conclusion, FOREX.com stands out as a reliable and versatile choice for both beginner and experienced traders. With a wide range of trading instruments, advanced platforms like MetaTrader 4 and 5, Web Trader, mobile apps, and TradingView integration, it provides everything traders need for a seamless and efficient trading experience. If you’re looking for a trusted and user-friendly forex broker, FOREX.com is certainly a top contender to consider.
Forex.com Details
