FOREX.com has been a global forex broker with a strong reputation for providing excellent financial services since 2001. The multi-regulated broker is a subsidiary affiliate of StoneX Group Inc., which lists stocks on the NASDAQ stock exchange. 

Clients can trade safely among its top regulators, including the FCA and ASIC, and their funds are secure. Despite limitations like a few deposit and withdrawal methods, Forex.com remains a favorite among investors for its powerful trading features.

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How to start trading with a Forex.com broker?

How to start trading with a Forex.com broker?

The process is relatively fast and involves the following steps.

Step 1. Fill in all the needed information about yourself. 

Step 2. Fill out the form with your trading experience. 

Step 3. Then go and fund your account now. You can deposit using a debit card, money transfer, and eCheck or check. 

Step 4. After funding your account, you can already start trading. 

Step 5. Once your account is approved, you can trade on the desktop, web, and mobile platforms you want to use.

Customer support at the Forex.com broker

Customer support at the Forex.com broker

Potential traders need to be sure that the brokerage company they choose will provide the support and assistance they need when they need it. Traders can contact FOREX.com by phone, live chat, or email. They have fast phone support with the necessary answers. 

FOREX.com’s phone support team can successfully answer questions over the phone and make every effort to provide the right answers. The live chat option on the website opens up a chatbot to answer some basic questions. 

If you want to talk to a real person, you must type the word “agent,” after which the chatbot will connect you with a sales or support agent. Email response times are slightly longer and may vary. The team can solve questions and answer them. While FOREX.com’s customer support is not available 24/7, it is available 24 hours a day, Sunday through Friday. FOREX.com supports many languages ​​, including English, Chinese and Arabic. 

Year of foundation 

Forex.com launched its operations in 2001, targeting independent investors, organizations, companies, and traders to connect them with the global currency market.

Regulation

The broker provides service to millions of clients in more than 140 countries where traders are eligible for the Financial Services Compensation Scheme.

The following authorities regulate Forex.com:

  • Financial Conduct Authority (FCA) in the UK.
  • Cayman Islands Monetary Authority (CIMA).
  • Financial Services Authority (FSA) in Japan.
  • Commodity Futures Trading Commission (CFTC) in the US.
  • Investment Industry Regulatory Organization of Canada (IIROC) in Canada.
  • Australian Services and Investments Commission (ASIC) in Australia.

Broker’s awards

Broker's awards

Over the years of providing services for traders, FOREX.com has received lots of awards. Here are some of them: 

  • Best HNW Service 2021, Dubai Forex Expo
  • Best Education 2021, Online Personal Wealth Awards
  • Best Forex Service Provider 2019, UK Shares Awards 
  • Best Forex Broker 2013, Investors Chronicle 
  • Best US Broker 2013 ForexExpo Awards 
  • Best Forex Broker 2012 Shares Magazine Forex.com Named 
  • Best Foreign Exchange Platform for the Arab World by Middle East FX and Managed Funds 2010 
  • Best Currency Platform for the Arab World 2012 Saudi Money Expo 
  • Best Retail Forex Platform 2012 UK Forex Awards 
  • Best Online Forex Provider 2011

Key broker features 

Let’s check some elements that the broker exclusively supplies.

Market analysisPivot points
It includes the latest technical and fundamental analysis on different trading assets. Besides analysis on a specific trading instrument, the broker often provides analysis on sessions so that investors can get the market’s overall outlook before any significant event appears.The broker provides pivot points for all trading instruments. Here you have to move to the pivot point page and select the trading instrument. Later on, you can see the exact pivot point level with multiple support and resistance levels.


This broker has many other features that make trading easy and profitable:

  • Charts

Charting tools allow you to personalize your chart layouts, amplify analysis, and place and modify orders using drag and drop features.

  • News

Traders have access to the latest research, market insights, and weekly reports that keep them abreast with information on their preferred financial instruments.

  • Signals

The broker has a smart signals feature that provides traders with trading ideas and signals based on statistics and market analysis.

  • Automated analysis tools

These tools from Recognia and AutoChartist help traders save analyzing time and get better results.

  • Performance analytics

This feature provides traders with insights and training for better trading habits to trade with discipline and profit more.

Trading fees

They include all direct payments related to taking trades where trading fees on the stock market are lower than the other trading instruments. The average trading fee on EUR/USD is $6 approximately, considering 1:20 leverage and one week of holding the trade. In a similar condition, the trading cost for GBPUSD would be $5.3.

Coming to the CFD fees, if you hold a trade for more than a week, you have to incur the trading fee as below:

  • S&P 500 — $1.4
  • Stoxx 50 — $1.8
  • Apple CFD — $21.3

Non-trading fees

They are satisfactory and below the industry average. You have to pay a $15 or equivalent monthly fee after one year of inactivity. Besides the inactivity fee, there are no deposit or withdrawal fees required by the broker.

Market coverage

Let’s look at the list of available markets on the Forex.com platform. There is a lack of popular asset classes on the platform, like funds and real stocks.

Forex

Forex.com - Forex
  • 80+ currency pairs with the platform with a competitive spread as low as 0.8 pips for EUR/USD.
  • The trading opportunity is available on multiple platforms like MT4, MT5, DMA, and Forex.com platform.
  • Multiple account types to cover the traders’ requirements.
  • There is an opportunity for a monthly rebate of up to $10 per million dollars trader within the active trader program.

Indices

Forex.com - Indices
  • More than 15 of the world’s top indices.
  • UK 100 and Germany 30 are available to trade from 1 pt.
  • Forex.com allows trading in indices with a fixed spread during market hours.
  • Trade sector-themed US indices, including ESG, green, Trump 30, and Biden 30.

Stocks

Forex.com - Stocks
  • Opportunity to trade more than 4500 popular stocks.
  • You can trade with a 1.8 cents commission on US Stocks.
  • Moreover, Forex.com allows short selling on top companies.

Oil and commodities

Forex.com - Oil and commodities
  • Trade UK crude oil on fixed spreads, 1% margin.
  • Among other assets, there are coffee, corn, cotton, heating oil, etc.
  • You can go both long and short on US and UK crude oils.

Gold and metals trading

Forex.com - Gold and metals trading
  • Margins from 0.5%.
  • Four metals and six gold currency pairs.
  • Low spreads from $0.35.

Cryptocurrencies

Forex.com - Cryptocurrencies
  • Crypto assets are available to trade, including BTC, ETH, LTC, etc.
  • A cost-efficient environment for crypto trading.
  • You can go both short and long from ten pips a point.

Trading platforms 

Forex.com - Trading platforms 

Each of these platforms allows users to access a wide range of products in the market. These products include forex, stocks, commodities, cryptocurrencies, and indices.

Advanced trading platform

Advanced trading platform

FOREX.com’s desktop platform provides our most sophisticated trading features for active currency traders looking for an edge.

Built for serious traders that demand sophisticated trading features and analytic tools in one powerful package.

  • Highly customizable dashboards and trade preferences.
  • Powerful charting tools, 80+ technical indicators, extensive drawing tools, and more.
  • Advanced analytical tools including integrated trading strategies with 100s of predefined templates to choose from.

Web trading

Forex.com - Web trading
  • Trade on a web platform optimized to deliver high performance, reliability and speed across all browsers.
  • Integrated trading tools, market commentary and analysis
  • Advanced charting features, 70+ technical indicators, 50+ drawing tools and more
  • Seamless account management, funding and withdrawals

Mobile trading

Forex.com - Mobile trading

iPhone and Android apps power a complete trading experience right at your fingertips.

  • Full trading capabilities with multiple order types
  • Integrated news, market commentary and analysis
  • Real-time trade alerts and notifications

Trading accounts

A Forex account is a trading account owned by a trader with one of the companies, such as FOREX.com, primarily dedicated to trading currencies. 

Forex.com - Trading accounts

Typically, the number and types of accounts that a trader can open with a brokerage firm vary depending on the country in which the broker operates, the trader’s country of residence, and the regulatory authorities under whose jurisdiction he operates. 

Potential traders on FOREX.com can start by opening a demo account and use it to learn the art of trading. 

FOREX.com also offers additional account ownership options: 

  • Individual — belongs to an individual
  • Joint — owned by two or more individuals
  • Corporate — owned by a legal entity 

Standard account

  • Trading platform: Web Trading, MT4, MT5
  • 80+ FX pairs
  • Four crypto assets
  • 4500+ stocks
  • 15+ indices
  • 12+ commodities
  • Pricing: spread only
  • API trading: yes
  • Recommended deposit: $1000

Commission account

  • Trading platform: Web Trading, mobile, desktop
  • 80+ FX pairs
  • Four crypto assets
  • 4500+ stocks
  • 15+ indices
  • 12+ commodities
  • Pricing: spread & commission
  • API trading: yes
  • Recommended deposit: $1000

DMA account

  • Trading platform: Web Trading, mobile, desktop
  • 58 FX pairs
  • Spot gold & silver
  • Pricing: commission only
  • API trading: no
  • STP model: yes
  • Recommended deposit: $25000

What else should you know about the Forex.com broker?

Forex.com has been a global forex broker with a strong reputation for providing excellent financial services since 2001. The multi-regulated broker is a subsidiary affiliate of StoneX Group Inc., which lists stocks on the NASDAQ stock exchange. 

Clients can trade safely among its top regulators, including the FCA and ASIC, and their funds are secure. Despite limitations like a few deposit and withdrawal methods, Forex.com remains a favorite among investors for its powerful trading features. 

Visit Forex.com Broker