Forex.com Broker

When you start trading at financial markets, you surely want the confidence of a well-regulated broker. With lots of dubious players in the industry, finding the fair one is quite a challenge. But we went ahead and did the research for you. Here it is, Forex.com, which can give you the financial strength you can rely on.

What is Forex.com?

Forex.com is a trademark belonging to GAIN Capital Holdings, Inc. (NYSE: GCAP), which was established in 1999 with its legal address of 135 US Hwy 202/206 Bedminster NJ 07921, USA.

forexcom-site

Forex.com has been providing access to worldwide currency markets since 2001 and strives to attract clients with stress-free execution on every trade, favorable pricing, uncompromised financial stability, and utmost compliance. And these are not fluent phrases. The broker is registered and regulated by:

  • Commodity Futures Trading Commission
  • Futures Commission Merchant
  • National Futures Association
  • Retail Foreign Exchange Dealer

Since GAIN Capital has global coverage with representative offices across North America, Europe, and the Asia Pacific, the company is compliant with other jurisdictions, too:

  • Australian Services and Investments Commission
  • Cayman Islands Monetary Authority
  • Financial Conduct Authority in the UK
  • Financial Services Authority in Japan
  • Investment Industry Regulatory Organization of Canada
  • Monetary Authority of Singapore

Such a strong regulatory framework gives Forex.com a solid credibility boost, doesn’t, it?

Trading Conditions

The broker provides for trading over 80 currency pairs, gold & silver, and futures contracts on commodities & indices.

Forex.com offers several trading platforms to fit different trading needs:

  • Proprietary desktop platform loaded with all essential features like professional analytics, integrated trading strategies, real-time signals, over 80 technical indicators, and smart drawing tools.
  • A Web trading platform suitable for all browsers and operating systems. It comes with over 70 technical indicators, 10+ time intervals, versatile chart types, 50+ drawing tools, trained market strategies, and real-time market news.
  • Com Mobile is a smartphone/tablet application geared up with all required functionality to manage your account and trade while away from a PC. Risk management options, charting and analysis tools, fund management, real-time price alerts, Reuters news are features to name a few.
  • MetaTrader 4 is a popular trading platform supporting Reuters news feed, account management, and an EA optimized environment.

Commissions and fees cannot be regarded as the lowest in the business but average, and they do vary depending on the account type. For instance, spreads for owners of standard accounts are 1.2 pips for a popular EUR/USD pair. The higher the account type, the lower the spreads. Interestingly, the broker does not offer fixed spreads and does charge $15 per month as an inactivity fee.

The minimum initial deposit is at least 50 of the base currency. However, it is recommended to put in, at least 2,500 to enjoy more flexibility and better risk management when trading your account.

forexcom-site

Conclusion

For the second decade, Forex.com has been the trade name of the British company GAIN Capital UK Limited, which, in turn, is a daughter company of the American GAIN Capital Holdings, Inc. company. To date, this holding is known as one of the largest and most respected corporations in the industry of online currency trading. The operator is compliant with CFTC, NFA, and FSA which accounts for the fact why it is one of the most popular brokers over there.

3 Comments

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Herman Mei

15/06/2019 Reply

The MT4 platform is moving ahead with a variety of tools, indicators, signals, and fast execution. On a standard account, the spread is fixed, which is the best offer for my scalper trading on the market, and I made a profit using several scalpers advisors, and the adviser did not bother.

Shanon

12/06/2019 Reply

For those constantly on the move. I am satisfied with the broker both as a trader and as an investor. I already have a strategy formed, but I still try to improve my skill. A constantly developing company provides an opportunity to grow with it.

Sonny

31/05/2019 Reply

This broker is hard to overtake in every respect: smooth trading during news, fast payouts, deposits/withdrawals without fees, communicative and courteous support ready to troubleshoot your issue the same day, perfectly running EAs, and ECN execution.

Forex.com Broker

forexcom-logo
Bonus

$50 Bonus Deposit Terms and Conditions

Min. deposit

250$

Regulators

FSA ASIC FSA CFTC/NFA

Leverage

1:400 - 1:200

Platforms

MetaTrader 4, FOREXTrader PRO

Year of foundation

1999

Country

USA