Profile
Forex.com review covers one of the most established global forex brokers, operated by GAIN Capital and regulated across multiple Tier-1 jurisdictions. Forex.com provides access to a wide range of forex and CFD instruments via advanced proprietary and MetaTrader platforms, making it suitable for both retail and institutional clients seeking robust execution, research, and regulation.
Regulation and Safety
Forex.com is owned by GAIN Capital Holdings Inc., a subsidiary of StoneX Group Inc. It is authorised and regulated by several top-tier financial regulators:
- FCA (UK): License No. 113942
- ASIC (Australia): AFSL No. 345646
- IIROC (Canada)
- CFTC & NFA (USA): Member ID 0339826
- FSC (BVI): For global clients
Client funds are held in segregated accounts, and eligible UK/EU clients benefit from FSCS/ICF protections. Forex.com also provides negative balance protection for retail accounts in applicable regions and complies with stringent audit and capital adequacy standards.
Execution Model and Trading Platforms
Forex.com offers ECN and STP execution models, depending on account type and region. It delivers high-speed execution with low slippage, backed by proprietary infrastructure and liquidity aggregation.
Supported platforms include:
- Forex.com WebTrader (proprietary platform with advanced charting)
- MetaTrader 4 (MT4) – full support including EAs and hedging
- MetaTrader 5 (MT5) – for broader CFD range (region-dependent)
- Mobile apps for Android and iOS
FIX API access is available for institutional clients. VPS hosting is offered for algorithmic and latency-sensitive traders.
Markets and Instruments
Forex.com offers trading on 4,500+ instruments, depending on region:
- Forex – 80+ currency pairs including majors, minors, and exotics
- Indices – global benchmarks including US30, GER40, UK100
- Commodities – energies, metals, and soft commodities
- Stocks – thousands of US, UK, and EU equities (CFDs)
- Cryptocurrencies – BTC, ETH, LTC, XRP (region-dependent)
- ETFs and bonds – available via MT5 in selected regions
Accounts, Spreads and Leverage
Forex.com offers multiple account types depending on jurisdiction:
- Standard Account: Commission-free, spreads from 1.0 pip
- Commission Account: Spreads from 0.2 pips + $5 per lot
- DMA Account: ECN-style access with ultra-low spreads, $6 per lot
Minimum deposit is $100. Maximum leverage varies by region:
- UK/EU: Up to 1:30 (per ESMA rules)
- US: 1:50 on major pairs
- Global (BVI): Up to 1:200
Funding and Base Currencies
Forex.com supports multiple deposit and withdrawal methods:
- Bank wire transfers
- Credit/debit cards
- PayPal, Skrill, Neteller (region-dependent)
Base currencies include USD, EUR, GBP, JPY, AUD. Deposits are typically processed within 24 hours, while withdrawals may take 1–3 business days. No deposit fees; withdrawal fees vary depending on method and jurisdiction.
Client Protections and Features
Forex.com delivers industry-standard protections and infrastructure:
- Negative balance protection (retail accounts)
- Segregated accounts with Tier-1 banks
- 2FA and biometric logins
- FSCS and ICF coverage (UK/EU)
- Annual audits and regulatory oversight
Clients also benefit from research tools, economic calendars, AutoChartist, trading signals, and extensive market analysis content.
Institutional and Retail Offering
Forex.com supports both retail and institutional clients. For institutional partners, it provides:
- FIX API connectivity
- White-label brokerage solutions
- Prime of Prime liquidity via StoneX
- Dedicated account management
Retail traders benefit from flexible account tiers, platform choice, and educational materials including webinars and trading courses.
Pros and Cons
Pros
- Globally regulated across Tier-1 jurisdictions
- Proprietary and MT4/MT5 platforms
- Wide instrument range including stocks and crypto
- DMA and ECN execution with FIX API access
- Excellent educational and research tools
Cons
- High spreads on standard account
- Region-based product availability
- Cryptos restricted in some jurisdictions
- Inactivity fee after 12 months
Frequently Asked Questions
Is Forex.com regulated?
Yes, Forex.com is regulated by the FCA (UK), ASIC (Australia), CFTC/NFA (USA), IIROC (Canada), and FSC (BVI) depending on client location.
What platforms are available on Forex.com?
Forex.com offers its own proprietary WebTrader, MT4, MT5, and mobile trading apps.
Does Forex.com offer ECN execution?
Yes, ECN-style execution is available via the DMA and Commission accounts, with ultra-low spreads and transparent pricing.
What is the minimum deposit at Forex.com?
The minimum deposit is $100, but higher balances are recommended for optimal margin use and risk management.
Can professionals access institutional services?
Yes. Forex.com offers FIX API, white-label, and liquidity solutions via its institutional division supported by StoneX Prime.