Forex.com Review

If you’re looking to get into forex trading, Forex.com is one of the names you’ll come across often. They’ve been around since 2001 and are backed by StoneX Group, a company listed on NASDAQ, which adds a layer of security for traders. Besides forex, they let you trade stocks, crypto, commodities, and more. Does this veteran broker still have what it takes to compete in today’s high tech trading world? Let’s find out.

Forex.com Pros and Cons

Is Forex.com Secure?

Forex.com is regulated by 7 authorities:

• CIRO
• FSA
• MAS
• ASIC
• NFA
• CIMA
• CySEC

Regulations are important because they ensure that the broker operates under strict standards that are designed to protect traders. Regulated brokers must stick to rules that promote transparency, fairness, and financial security.

Markets and Products

At Forex.com, you definitely won’t encounter a lack of trading instruments. There are over 4500 tradable assets:

• Forex
• Stocks
• Indices
• Commodities
• Cryptocurrencies

Forex

EUR/USD	USD/CHF	USD/JPY	GBP/USD
AUD/USD	CAD/JPY	AUD/CAD	AUD/CHF
AUD/CNH	AUD/JPY	AUD/NOK	AUD/NZD
AUD/PLN	AUD/SGD	CAD/CHF	CAD/NOK
CAD/PLN	CHF/HUF	CHF/JPY	CHF/NOK

Stocks

Tesla Motors	Nvidia Corp	Amazon.com	Microsoft Corp
Apple Inc	Adidas AG	Adobe Systems	Advanced Micro Devices
Airbus Group SE	Alibaba Group Holding	Alphabet Inc A	American Express
Baidu	Bank Of America	Bank Of China	Boeing Co
BYD Company	Cheetah Mobile Inc	China CITIC Bank	China Evergrande Group

Indices

Wall Street	US SP 500	US Tech 100	UK 100
Germany 40	Japan 225	Hong Kong 50	AI Index CFD
Australia 200	China 50	ESG Index Environmental Social Governance	EU Stocks 50
France 40	Italy 40	Netherlands 25	Singapore Index
Spain 35	Switzerland 20	US Small Cap 2000

Commodities

US Crude Oil

UK Crude Oil

Sugar No 11

Coffee C

Cotton No 2

Cryptocurrencies

Bitcoin ($)	Ethereum ($)	Ripple ($)	Litecoin ($)
Bitcoin Cash ($)	Bitcoin (£)	Bitcoin (€)	Bitcoin AUD

Forex.com Fees and Charges

If you want to hold a position overnight, there’s a fee rate of +/- 2.5$.  There’s also a monthly inactivity fee of $15. You’re considered inactive if you place no trades for 12 months. When it comes to commission, only the RAW Spread account has them. It’s a $5 USD commission per $100K USD traded.

Forex.com Account Types & Account Opening

Forex.com offers the following accounts:

• Demo Account
• Standard Account
• RAW Spread Account
• MetaTrader 5 Account
• RAW Spread MetaTrader 5 Account
• MetaTrader 4 Account

How to Open an Account

To open an account simply:

• Click the “Start Trading” button on the website
• Choose the account you want
• Fill in the information
• Make a deposit
• You’re done

Trading Platforms

Forex.com offers MT4, MT5, and WebTrader platform. Both of these platforms are good. MT4 is known for its simplicity and reliability. MT5 is a more advanced version.

Mobile Trading Platform

When it comes to trading on the go, there’s a Forex.com mobile app you can download. It’s compatible on iPhone and Android devices.

Desktop Trading Platform

No matter what account you choose, all trading platforms are compatible with trading on a computer. You can download the Desktop platform on the Forex.com website.

Forex.com Research Tools

As a broker that has existed for so long, it’s expected to offer many trading tools. They definitely do. They offer:

Trading Tools

• Currency Converter
• Margin and Pip Calculator
• Pivot Points

AI Tools

• Capitalise.ai
• Performance Analytics

Premium Trading Tools

• Active Trader
• API Trading
• MetaTrader Expert Advisors
• MetaTrader VPS Hosting

Forex.com Educational Content

Forex.com looks after the wellbeing of its traders. They really make sure their clients understand what’s happening in the markets. You can see that Forex.com can be trusted, because you can receive amazing education courses about financial markets, and trading for beginners, intermediate, and advanced.

Customer Service Overview

There are several ways you can contact the Forex.com customer support:

• Live chat
• By phone
• By filling out a form

Before reaching out to the customer service, check out the FAQ section. You might actually find the answer to your questions there.

Forex.com Deposit and Withdrawals

You can make deposits using:

• Credit/Debit Cards
• Wire Transfers
• Skrill
• Neteller

When using VISA cards, the minimum deposit is $100, and a maximum $10k. Same goes for Skrill and Neteller. Wire transfers have no limitations.

Withdrawal Methods and Payout Times

Withdrawal methods that Forex.com accepts are:

• Credit/Debit cards
• Wire transfer

Using the card can take up to 24 hours to process the withdrawal. The maximum withdrawal amount is $50k. Wire transfer takes around 48 hours.

Forex.com Online User Reviews and Ratings

You don’t get to see this very often. Out of over 1700 reviews on Trustpilot, over 80% of them are 5-star. Users simply love Forex.com, their customer support, account types, and trading platforms.

There’s 10% of 1-star reviews, which isn’t a lot compared to the positive reviews. Users mostly don’t like the spreads, and some experienced problems with withdrawals.

Author Opinion on Forex.com

I think that Forex.com definitely worked hard all these years to become the broker they have become. Compared to many others, the number of research tools, educational content, and trading instruments is way higher. 

They got over 19 awards. From 2018 to 2024, not a year was skipped. Each year they got an award or more. This says a lot about them. The market is very demanding and is constantly changing and progressing, but Forex.com is not even a step behind. 

If you’re searching for a stable and regulated broker, Forex.com is a good choice. There’s room for beginners to learn. Also, there’s room for intermediates and experts to improve their strategies, learn, and enjoy the number of tools.

FAQ