Established in 2001, FOREX.com is currently a wholly-owned subsidiary of StoneX Group Inc., a NASDAQ-listed company, and meets the highest standards of corporate governance, financial reporting, and disclosure.
StoneX Group Inc. is a reputable company in the financial services industry. This provides FOREX.com with a strong foundation for stability and security. Let’s explore this broker review for more information.
Pros and cons of FOREX.com
The pros and cons of FOREX.com are given below.
| Pros | Cons |
|---|---|
|
|
Broker summary
- Regulations: CFTC, FCA, CIMA, CySEC, ASIC, and more
- Minimum deposit: $100
- Founded year: 2001
- Maximum leverage: 50:1
- Trading platforms: MT4, MT5, Mobile apps, Web Trader, and TradingView
- Assets: Forex, Crypto, Commodities, Indices, and more
- Account types: Spread only, MT4, MT5, and raw-pricing accounts
- Demo account: Yes
FOREX.com broker review
FOREX.com is an award-winning platform that is a well-regulated broker trusted by traders of all levels. Regulated by top-tier authorities like CFTC, NFA, and FCA, it prioritizes security and compliance.
FOREX.com offers a variety of account types and platforms, including user-friendly mobile options and advanced tools like MetaTrader. Additionally, educational resources like demo accounts, guides, and webinars help users explore their trading skills. FOREX.com is a strong choice for those interested in Forex trading.
Regulations
Is FOREX.com legit? Yes, FOREX.com is a legitimate broker. FOREX.com is regulated by multiple financial authorities. The regulatory bodies and their country are given below.
| Country | Regulatory authority |
| Canada | Canadian Investment Regulatory Organization (CIRO) |
| Cyprus | Cyprus Securities & Exchange Commission (CySEC) |
| USA | The National Futures Association (NFA) |
| USA | Commodities Futures Trading Commission (CFTC) |
| Cayman Islands | Cayman Islands Monetary Authority (CIMA) |
| UK | Financial Conduct Authority (FCA) |
| Japan | Financial Services Agency (FSA) |
| Singapore | Monetary Authority of Singapore (MAS) |
| Australia | Australian Securities and Investments Commission (ASIC) |
- All customer deposits are kept separate from our own operating funds and distributed across a global network of custodian banks.
- Every bank we use holds an investment-grade rating and is monitored as per the guidelines set by the Risk Committee of StoneX Group Inc.’s Board of Directors.
FOREX.com platform review
FOREX.com offers a variety of trading platforms, catering to different user preferences. The various platforms are given below.
FOREX.com mobile apps
- FOREX.com’s proprietary platform mobile app is a great choice for traders who prioritize convenience and speed.
- It is perfect for monitoring market movements, placing basic orders, and executing quick trades while on the go.
FOREX.com web trader
- FOREX.com’s proprietary platform offers a robust charting environment with over 80 customizable technical indicators that can be saved as templates for quick access.
- Analyze market trends across various timeframes (1 minute to monthly) to identify patterns and potential opportunities.
- Utilize over 50 drawing tools to visualize market data, identify trends, and refine your trading strategies.
MetaTrader 4 (MT4)
- It enhances trading with 20+ apps and 9 Expert Advisors, including sentiment traders.
- MetaTrader 4 offers desktop platforms and web platforms.
MetaTrader 5 (MT5)
- MT5 is an advanced trading platform that offers a faster, more efficient trading experience compared to MT4.
- Traders can benefit from an expanded toolset, including custom indicators and advanced charting features.
- Plus, diversify your portfolio with nearly 300 CFD stocks, previously unavailable on MT4 (depends on your location and which regulated entity holds your accounts).
- MT5 is available for web, desktop, and mobile devices.
TradingView
- TradingView allows you to trade directly from the charts, using features like drag-and-drop entry/exit points and a wide variety of indicators.
- TradingView allows you to set custom alerts for various market conditions and compare different markets easily.
- TradingView offers a mobile app for iOS and Android devices, allowing you to trade and analyze markets on the go.
FOREX.com reviews asset classes
A review of FOREX.com asset classes offer a variety of trading styles by offering a diverse range of tradable assets. The products and services available to you at FOREX.com will depend on your location and on which of its regulated entities holds your account.
- Stocks CFDs
- Forex
- Indices
- Crypto
- Commodities
Funding your FOREX.com review account
FOREX.com offers a convenient selection of deposit methods.
| Deposit method | Minimum deposit | Maximum deposit | Processing time |
| Bank Transfer | $100 | $10,000 | Instant |
| Wire Transfer | No minimum | No minimum | 1-2 business days |
| Debit Card (Visa/Mastercard) | $100 (or currency equivalent) | $10,000 | Instant |
Withdrawing your funds
FOREX.com offers a convenient selection of withdrawal methods. The withdrawal method, minimum and maximum withdrawal, processing time, and fees are given in the tabular column. Get more insights on withdrawal and deposits in Forex.com.
| Withdrawal method | Minimum withdrawal | Maximum withdrawal | Processing time | Fees |
| Bank transfer | $100 | 25000 | 48 hours | No fees (bank fees may apply) |
| Debit card | $100 | 25000 | 48 hours | No fees (bank fees may apply) |
| Wire transfer | $100 | No limit | 2-5 business days | $25 (US), $40 (International, except over $10,000) |
Account types of FOREX.com
FOREX.com offers a variety of account types to cater to different trading experience levels. What is the minimum deposit for FOREX.com 2026? The minimum deposit for FOREX.com is $100. To enhance your trading experience and improve risk management, consider a deposit of $2,500 or more.
| Account types | Spread-only account | MetaTrader account | Raw pricing account |
| Forex spread | Variable spreads as low as 0.8 | Variable spreads as low as 1.0 | Reduced spread (FX Majors as low as 0.0) |
| Platforms | Web, mobile, desktop, and TradingView | Web (MT5 only), mobile, desktop | Web, mobile, desktop, and MetaTrader 5 |
| Commission | None | None | $7 commission per 100k USD traded |
| Minimum deposit | $100 | $100 | $100 |
| Markets | Forex, Indices, Commodities, Cryptocurrencies, Stock CFDs, and ETFs | Forex, Indices, Commodities, Stock CFDs (MT5 only) | Forex, Indices, and Commodities. |
| Additional features | Integrated economic calendar, real-time news (Reuters), in-house research, performance analytics, and expert commentary | Research offerings, trading platform features, and account management convenience | Enjoy all the benefits of our standard accounts, plus significantly tighter spreads. |
| Suitable for | Beginner | Intermediate to advanced trader | Advanced trader |
The other account types of FOREX.com are corporate accounts and joint accounts.
FOREX.com demo account
- FOREX.com offers a free demo account loaded with $50,000 in virtual currency.
- Practice trading 80+ FX pairs using customizable charts and tools, and experience lightning-fast execution on web and mobile. Explore your skills for 90 days without risking real capital.
FOREX.com fees and commissions
The fees and commissions of FOREX.com are given below.
Forex spread
- Spread-only account: Variable spread 0.8.
- MetaTrader account: Variable spread 1.0.
- Raw pricing account: 0.0 tightest spread, but charges a commission $7 per 100k USD traded.
Deposit/withdrawal fees
- Deposit fee: Generally free, except for wire transfers outside the US, exceeding $10,000 fee varies.
- Withdrawal fee: Free for bank transfers and debit cards (bank fees apply). Wire transfers have fees like US: $25, International: $40, except for over $10,000.
Trading conditions
- Maximum leverage: Up to 50:1
Other fees
- Inactivity fee: $15 monthly charge after 12 months of no trading activity.
- Currency conversion: +/- 0.5% fee for converting currencies within your account.
- VPS hosting: Free for accounts with a minimum monthly trading volume of 500,000; otherwise, a $30 fee applies.
Please note that the fees may vary by region and regulatory entity.
Customer service
FOREX.com offers several ways to get in touch with its customer support team, available 24 hours a day, 5 days a week.
- Live chat
- Phone
New accounts: Toll-free: 1-877-367-3946, International: 1-908-731-0750
Existing customers: Toll-free: 1-877-367-3946, International: 1-908-731-0750
New accounts: [email protected]
Existing customers & inquiries: [email protected]
Conclusion
FOREX.com is a versatile platform offering a variety of accounts, platforms, and assets to suit beginner, intermediate, and advanced traders. They have a variety of financial assets, user-friendly mobile and web platforms, and access to popular tools like MetaTrader. Competitive spreads and strong security features make them a solid choice.
However, it is important to consider your own trading experience and goals before opening an account. Take some time to research fees, trading conditions, and the assets you are interested in to ensure FOREX.com aligns with your needs. Learn what makes FOREX.com a good choice for beginners
Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
75% of retail investor accounts lose money when trading CFDs and FX with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
“The products and services available to you at FOREX.com will depend on your location, and on which of its regulated entities holds your account.”
Pro Tip
Ready to explore FOREX.com? Open a demo account or start trading today! Discover a world of trading opportunities with our best Forex broker. Explore Forex, Stocks, Cryptocurrencies, and more. Expand your trading strategy today! Got a question or want to share your trading experience? Drop a comment below!
Frequently Asked Questions
1. Is FOREX.com safe?
Yes, FOREX.com can be considered a safe Forex broker due to its regulations, client segregation funds, and negative balance protection for retail clients.
2. What are cash rebates?
A cash rebate is a sum of money returned to a customer after a purchase. It is a marketing strategy used to incentivize sales and boost customer loyalty.
3. Do cash rebates usually have fees?
No, there is no direct fee associated with earning cash rebates in FOREX.com.
4. Is FOREX.com safe for beginners in 2026?
Yes, FOREX.com is safe for beginners with demo accounts and educational tools.
5. Can I use FOREX.com for CFD trading in 2026?
Yes, you can trade CFDs like Forex, Stocks, Commodities, and more. Just note that CFD availability depends on your country.
6. Is FOREX.com better than Oanda for Forex?
Both are trusted brokers with strong reputations. FOREX.com has more tools, while Oanda offers flexible lot sizes.
7. What happens if FOREX.com blocks your withdrawal?
Your withdrawal may be paused if verification or compliance checks are pending. Reach out to customer support, and they usually resolve it quickly.
