FOREX.com Review
FOREX.com is a global leader in forex and CFD trading, committed to delivering ultra-competitive pricing, reliable trade execution and innovative trading tools to help their clients succeed in trading the world’s most important markets.
Pricing & Execution Advantage:-
Ultra-Competitive Pricing – Forex.com’s low pricing is reliable and fully transparent. They publish their live and monthly average spreads to ensure full transparency across all markets.
Superior Execution - Fast and reliable trade executions are critical to your success. Forex.com actively monitors execution quality to ensure you get a superior trading experience. FOREX.com consistently executes more than 99.7 of all trades in less than 1 second.
Price Improvement - Over the past twelve months over 65% of all limit orders have been price improved – FOREX.com automatically pass these savings on to you when the market moves in your favour.
Innovative Trading Tools:-
FOREX.com continuously challenge themselves to provide their customers with the best tools and resources to help them succeed in the global markets.
The Right Platform For You – FOREX.com offer three trading platforms to suit different types of trader and you can trade where you want, when you want, with a full range of mobile apps.
World-Class Trading Tools – FOREX.com provide a range of premium trading tools to help you identify trading opportunities. From market leading charting packages, to third party analysis tools, mstreaming news and expert research from their global research team, their tools are useful for all types of traders.
Award-Winning Research:
FOREX.com’s global research team continuously monitors the New York, London and Asia sessions, keeping you abreast of fundamental events and technical indicators driving the markets.
Typical Spread on Majors
EUR/USD | 1.3 |
GBP/USD | 1.8 |
USD/JPY | 1.4 |
- Company Info
Headquarters | Bedminster, New Jersey |
Type of Broker | Market Maker |
Founded | 1999 |
Regulated By | Regulated By NFA (US), CFTC (US) |
Offices In | Australia, United Kingdom, United States, Japan, Hong Kong, Canada |
Supported Languages | English, Chinese, Japanese |
ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | EUR, USD, GBP, CHF, JPY, AUD, NZD, CAD |
Minimum Deposit | $250 |
Traders from USA Allowed | Yes |
Clients Funds Segregated | Yes |
Interest on Margin | Yes |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim Faith Only |
ECN / STP Accounts Offered | No |
Commission on STP or ECN | 0 |
VIP Accounts Offered | Yes |
VIP Account Requirements | Minimum Deposit $20,000 |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | Yes |
API Solutions | Yes |
Mobile Trading | Yes |
Web Based Trading | Yes |
Funding Methods | Credit/Debit Cards, Wire Transfer, ACH |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, ACH |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android, FOREXTrader, FOREXTrader Mobile, NinjaTrader, TradingView |
NO of Pairs | 91 |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | Yes |
Mobile Alerts | Yes |
Trading Server Time | GMT + 0 |
Demo Account Expiry | 30 Days |
VPS Offered | Yes |
Free VPS Conditions | Free for accounts with more than 5K balance |
- Trading Details
Dealing Desk | Yes |
Maximum Leverage | 50:1 |
Minimum Contract Size | 0.01 |
Execution | Market Execution (MT4 Accounts and FOREXTrader Accounts), Instant Execution (FOREXTRader Accounts) |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | Yes |
Option of FIFO | Yes |
Liquidity Providers | 35+ |
Negative Balance Protection | No |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Indices | Yes |
FOREX.com Reviews
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