Forex.com and Gain Capital Group LLC are both subsidiaries of StoneX Group and offer a diverse range of account options to cater to traders of all experience levels. If you are a complete beginner or an experienced trader, there is an account designed to fit your needs.
By carefully considering your risk tolerance, open positions, and preferences, you can maximize your potential for success in the forex market. This guide will help you understand each account type and choose the best one for your trading needs.
Forex.com broker
Founded in 2001, Forex.com is a wholly owned subsidiary of StoneX Group. It is a well-regulated Forex broker offering a variety of products and services, including access to the powerful trading central technical analysis platform. Forex.com is known for its security measures, including segregated client money accounts and adherence to AML.
Forex.com trading platforms cater to both beginners and experienced traders. They offer various trading instruments including Forex, CFDs, indices, cryptocurrencies, and commodities. Forex.com also provides various account types and convenient deposit/withdrawal methods. In addition, Forex.com publishes press releases on its website, typically located under the disclosures and risk warning section in the footer.
Forex.com account types: A comprehensive guide
Forex.com offers several account types, including the following.
- Standard account
- MetaTrader account
- Raw spread account
- Premium account
Forex.com standard account
- The Forex.com standard trading account is ideal for traditional traders seeking a user-friendly and cost-effective trading experience.
- It exhibits competitive spreads, starting at just 0.8 pips for EUR/USD, and grants access to a wide range of markets including Forex, Metals, Indices, Commodities, Stocks, and Cryptocurrencies.
- You can easily trade using user-friendly web and mobile platforms or leverage TradingView.
- The standard account prioritizes transparency with no hidden fees, superior execution speed, and clear pricing. It allows you to focus on your trading strategy.
MetaTrader account
MetaTrader accounts are classified into two types. They are as follows.
- MetaTrader 4
- MetaTrader 5
MetaTrader 4
- The Forex.com 2025 MetaTrader 4 platform offers a powerful trading experience with tight spreads, superior execution, and exclusive tools, including over 20 Expert Advisors and custom indicators.
- You can seamlessly be integrated with Reuters news and Forex.com research, MT4 offers a robust trading environment.
- You can benefit from an EA-optimized environment and free VPS hosting to automate your strategies.
- You can access the platform anytime, anywhere – on your desktop, web browser, or mobile device.
MetaTrader 5
- Forex.com’s MetaTrader 5 platform provides a user-friendly trading experience with a vast selection of over 500 markets, including stocks via CFDs, Forex, Commodities, and Indices.
- It offers enhanced charting tools for in-depth analysis and intuitive market search for easy portfolio diversification.
- Similar to MT4, enjoy tight spreads, superior execution, and access to Expert Advisors in an optimized environment.
- Additionally, benefit from free VPS hosting and trade from anywhere with desktop, web, and mobile app access.
Raw-spread account
- The raw pricing account offers extremely tight spreads, starting at 0.0 pips for major currency pairs, with low $5 commissions per $100,000 traded.
- Forex.com provides high-quality trade execution, supports micro-lot trading, and offers powerful trading platforms.
- You can access integrated tools, market analysis, and advanced charting features. The mobile app enables convenient trading on the go.
- The active trader program offers potential cost savings of up to 15% and exclusive benefits, including rebates and personalized guidance from relationship managers.
Forex.com premium account
Premium accounts or VIP accounts offer elite trading experiences with advanced tools, personalized support, and exclusive benefits. These premium accounts typically require a higher minimum investment compared to standard accounts.
- VIP accounts offer exclusive benefits to high-net-worth individuals and professional traders, including preferential fees, tighter spreads, dedicated relationship managers, access to advanced tools, and invitations to exclusive events.
- These accounts typically require a substantial capital commitment and are designed for those who frequently trade large volumes and seek personalized service and enhanced trading conditions.
Comparative analysis of all account types
This table compares the key features of Forex.com’s three main account types. When choosing an account, consider your trading style, risk tolerance, and desired level of market access.
Features/Account types | Standard account | MetaTrader account -MT4 and MT5 | Raw spread account |
---|---|---|---|
Description | Traditional experience and provides a wide range of markets | A popular platform for experienced traders | Ultra-tight spreads, fixed commission-based |
FX spread | Variable, as low as 0.8 pips | Variable, as low as 1.0 pips | Reduced – FX Majors as low as 0.0 |
Commissions | None -spread-only pricing | None- spread-only pricing | USD 5 per $100k traded |
Platforms | Web, Mobile, Desktop, TradingView | Web (MT5 only), Mobile, Desktop | Web, Mobile, Desktop, MetaTrader 5 |
Markets | Forex, Indices, Commodities, Crypto, Stock CFDs, ETFs | Forex, Indices, Commodities, Stock CFDs (MT5 only) | Forex, Indices, Commodities, Crypto, Stock CFDs, ETFs |
Additional features | Technical insights, market buzz, analyst views, fully integrated calendar, Reuters news, research and account management | Technical insights, market buzz, analyst views, fully integrated calendar, Reuters news, research and account management | All the features of other accounts, plus significantly reduced spreads. |
Other account types
The other account types available are as follows.
- Joint accounts: Facilitated by shared access and responsibility.
- Corporate, trust, and partnership accounts: Designed for entities to engage in financial activities.
Forex.com demo account
- Forex.com offers a well-equipped demo trading platform with $50,000 in virtual funds to help you practice and refine your trading strategies risk-free.
- You can explore all 80 tradable FX pairs and utilize customizable charts, drawing tools, and indicators.
- You can experience live market conditions with ultra-fast execution and reliability on web and mobile platforms.
- The demo lasts for 90 days with the Forex.com platform and 30 days with MetaTrader 4.
How to open an account with Forex.com?
Account opening is a straightforward process that can be completed entirely online just in 5 minutes. The steps are given below.
- Visit the Forex.com website.
- Select your country of residence.
- Provide your personal information and verify your identity.
- Choose your account type, base currency, and fund your account.
- Start trading!
To open a Forex.com account, you will need to make an initial deposit. While the minimum deposit is $100, Forex.com recommends depositing at least $2,500.
Customer service
To ensure a smooth experience, they provide comprehensive customer support specifically for account-related inquiries. Forex.com’s dedicated team is available 24/5 through various convenient channels.
- Live chat
- Phone support: 1-877-367-3946
- Email: newaccounts@forex.com
Conclusion
Choosing the right account type and trading size is crucial for your success in the Forex market. Forex.com is a subsidiary of StoneX Group Inc., which offers a diverse range of options, from the user-friendly standard account to the powerful MetaTrader platforms, premium account, and ultra-competitive raw spread account.
By carefully evaluating your trading style, risk tolerance, and desired level of market access, you can select the account that best aligns with your individual needs and maximize your trading potential. Remember, trading involves a significant risk of loss and all account types may not be suitable for all investors.
Pro Tip
Start with a demo account. Before risking real capital, practice your trading strategies on a demo account. Utilize our broker finder tool to find trusted forex brokers, carefully curated by our experts. Compare features, spreads, and investment opportunities, including stocks, CFDs, and cryptocurrencies. Subscribe now!