FOREX.com
Forex Broker
FOREX.com
Forex Broker
Overview
FOREX.com is a forex and CFD broker that has been in operation since 2001. It is a brand of Gain Capital, which is listed on the stock exchange. FOREX.com is regulated by several financial authorities, such as the UK Financial Conduct Authority (FCA), and the US Commodity Futures Trading Commission (CFTC).
Overview
FOREX.com is a reliable brand with excellent trading services and experience in forex and CFD trading globally, making it the perfect choice for brokers looking for a base for their currency trading. Explore FOREX.com’s wide range of tradable currencies, low account minimums and outstanding trading platforms with FX Street Live.
Commissions and Fees
In general, FOREX.com offers low forex fees. It gives a $20,000 30:1 long position held for one week. Regarding CFD fees, FOREX.com offers relatively average CFD trading fees. The stock index fees are low, whereas the stock CFD ones are high. It gives a $2,000 long position held for one week. There are also average non-trading fees.
FOREX.com does not charge account or withdrawal fees but clients need to pay a $15 monthly fee, if their account remains inactive for a year.
Commissions and Fees
In general, FOREX.com offers low forex fees. It gives a $20,000 30:1 long position held for one week. Regarding CFD fees, FOREX.com offers relatively average CFD trading fees. The stock index fees are low, whereas the stock CFD ones are high. It gives a $2,000 long position held for one week. There are also average non-trading fees.
FOREX.com does not charge account or withdrawal fees but clients need to pay a $15 monthly fee, if their account remains inactive for a year.
Trading Accounts
There are three available account types to choose from with FOREX.com. They all differ in their pricing structure and in the availability of trading platforms:
FOREX.com Account: Higher spread and no commission. Ideal for everyday forex trading. Spreads are the only costs. Advanced trading platforms with customisable interfaces, resulting in fast and reliable execution of trades, are also available.
MetaTrader Account: MetaTrader Account: No commissions and a dedicated MT4 trading platform. Access to exclusive in-platform market news and analysis. Best available price for the execution of trades.
DMA Account: Suitable for high-volume forex traders seeking for maximum control. Lower spreads (0.1) and commission of $2 per lot traded. The more you trade the more the volume is discounted. Direct pricing from top-tier liquidity providers.
FOREX.com Account: Higher spread and no commission. Ideal for everyday forex trading. Spreads are the only costs. Advanced trading platforms with customisable interfaces, resulting in fast and reliable execution of trades, are also available.
MetaTrader Account: MetaTrader Account: No commissions and a dedicated MT4 trading platform. Access to exclusive in-platform market news and analysis. Best available price for the execution of trades.
Trading Accounts
There are three available account types to choose from with FOREX.com. They all differ in their pricing structure and in the availability of trading platforms:
FOREX.com Account: Higher spread and no commission. Ideal for everyday forex trading. Spreads are the only costs. Advanced trading platforms with customisable interfaces, resulting in fast and reliable execution of trades, are also available.
MetaTrader Account: MetaTrader Account: No commissions and a dedicated MT4 trading platform. Access to exclusive in-platform market news and analysis. Best available price for the execution of trades.
DMA Account: Suitable for high-volume forex traders seeking for maximum control. Lower spreads (0.1) and commission of $2 per lot traded. The more you trade the more the volume is discounted. Direct pricing from top-tier liquidity providers.
FOREX.com Account: Higher spread and no commission. Ideal for everyday forex trading. Spreads are the only costs. Advanced trading platforms with customisable interfaces, resulting in fast and reliable execution of trades, are also available.
MetaTrader Account: MetaTrader Account: No commissions and a dedicated MT4 trading platform. Access to exclusive in-platform market news and analysis. Best available price for the execution of trades.
Trading Platforms
FOREX.com provides traders with all the necessary equipment to trade effectively. From Advanced Trading desktop and Web Trading platform, to the full MetaTrader suite, MT4 and MT5, there are multiple options to choose from. Mobile Trading is also available.
Advanced Trading is suited to seasoned traders and comes with a strong charting package and a vast selection of technical indicators, tools and strategies, powered by Trading Central. The layout is well designed.
Web trading is suitable for more casual traders. Browsing through markets, researching and placing trades is easy with this platform. TradingView powers the charts and there are almost 100 indicators, 14 timeframes and 10 chart types.
MetaTrader is the industry leading platform for forex trading. It’s worth mentioning that almost 600 instruments are available on the broker’s MT5 and 4500+ on the non-MetaTrader platforms.
Trading Platforms
FOREX.com provides traders with all the necessary equipment to trade effectively. From Advanced Trading desktop and Web Trading platform, to the full MetaTrader suite, MT4 and MT5, there are multiple options to choose from. Mobile Trading is also available.
Advanced Trading is suited to seasoned traders and comes with a strong charting package and a vast selection of technical indicators, tools and strategies, powered by Trading Central. The layout is well designed.
Web trading is suitable for more casual traders. Browsing through markets, researching and placing trades is easy with this platform. TradingView powers the charts and there are almost 100 indicators, 14 timeframes and 10 chart types.
MetaTrader is the industry leading platform for forex trading. It’s worth mentioning that almost 600 instruments are available on the broker’s MT5 and 4500+ on the non-MetaTrader platforms.
Education and Research
FOREX.com’s education material and resources are very good, since it provides multiple ways to learn. There are good quality platform tutorial videos, with different topics to choose from, as well as general educational videos. A trading glossary is also offered, along with fun and helpful trading knowledge quizzes.
Education and Research
FOREX.com’s education material and resources are very good, since it provides multiple ways to learn. There are good quality platform tutorial videos, with different topics to choose from, as well as general educational videos. A trading glossary is also offered, along with fun and helpful trading knowledge quizzes.
Pros
A Demo account is offered. Trading platform tutorial and educational videos are available. The broker is well regulated.
Cons
There are no webinars.
Pros
A Demo account is offered. Trading platform tutorial and educational videos are available. The broker is well regulated.
Cons
There are no webinars.
About FOREX.com
Since 2001, FOREX.com has been proudly connecting independent traders to the global currency markets. It is a good broker to trust as besides being regulated, it offers quality execution on every trade as well as transparent and competitive pricing. Lastly, it has low fess, multiple assets to trade with, and advanced tools.
About FOREX.com
Since 2001, FOREX.com has been proudly connecting independent traders to the global currency markets. It is a good broker to trust as besides being regulated, it offers quality execution on every trade as well as transparent and competitive pricing. Lastly, it has low fess, multiple assets to trade with, and advanced tools.
