FOREX.com

Written by How we review

FOREX.com is a well-regarded forex broker offering broad access to forex markets through web, desktop, and mobile platforms, with research, education, and risk management tools. It operates under applicable regulatory oversight in many regions.
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Key facts

10/10
Our rating
#1
Trust rank
2001
Founded
7
Licences
231
Countries accepted
HeadquartersUnited States
Broker typeDMA, Market Maker, STP
RegulationASIC; CFTC; FCA; NFA
PlatformsMT4, MT5, Proprietary, TradingView
InstrumentsCommodities, Forex, Indices, Metals
Fee levellow

Updated

Pros

  • • Multi-jurisdiction regulation (US/UK/CA)
  • • Accepts US clients
  • • Proprietary platform + MT4/MT5 support
  • • Competitive spreads with raw/commission pricing options
  • • Extensive FX pair offering

    • Cons

  • • No CFDs for U.S. clients
  • • FIFO and no-hedging rules on U.S. accounts
  • • No negative balance protection in the U.S.
  • • Inactivity fee after 12 months of no trading
  • • High minimum balance for STP Pro/DMA accounts

    • Key Features

  • • Spot forex and multi asset CFD trading
  • • Top tier regulation and segregated client funds
  • • MetaTrader 4 MetaTrader 5 and Advanced Trading platform
  • • TradingView integration and advanced charting tools
  • • API trading via REST and FIX plus VPS support
  • • Raw pricing with commission and standard spread only accounts

    • Similar Brokers

    Where This Broker Ranks

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    the broker operates under regulated entities that serve different regions. You open your account with the entity for your country. Client money is held in segregated accounts under local rules. Some regions offer negative balance protection. Trading on margin carries risk, and you can lose more than your initial deposit if protections do not apply. Features and safeguards vary by location and account type. Review the legal documents for your entity before you trade. This is general information from BrokerCatalogue and not financial, legal, or investment advice.

    You can trade spot forex and, where allowed, CFDs on indices, commodities, and metals. Some regions also offer additional products subject to local rules. Account structures may include spread‐only or commission‐based pricing, and swap‐free options may be available for eligible clients. Product lists, margin rules, and features vary by country and entity. Check the product schedule, key information documents, and terms in your account area before you trade. This content is for general information only and is not financial, legal, or investment advice.

    You can trade on a proprietary web and mobile platform, and in some regions you may access widely used third‐party platforms. You get advanced charting, multiple order types, watchlists, price alerts, and an economic calendar. You can test strategies on a demo and automate with available APIs or platform tools. Live trading can face latency, slippage, or outages. Platform features, integrations, and market data vary by entity and region. This information is general and not financial, legal, or investment advice.

    Pricing typically uses variable spreads, and some account types add a commission. You may pay or receive overnight financing on leveraged positions held past the market day. A currency conversion charge can apply if your trade or funding currency differs from your account. There may be an inactivity fee after long periods with no trading. Costs vary by product, platform, region, and account type. Review the fee schedule, product disclosures, and terms in your account portal. This is general information, not financial, legal, or investment advice.

    You can fund your account by bank transfer, card, or approved digital wallet, depending on your region. You must complete identity and address checks before withdrawals. Processing times, limits, and available methods vary by entity. For compliance, withdrawals often return to the original funding source. Third‐party payments are generally not accepted. Your bank or card provider may charge fees. You can track status in your platform's account section. This is general information only and not financial, legal, or investment advice.

    It depends on the company you sign with. FOREX.com US sets 50:1 on major pairs by default, the most the CFTC and NFA allow, and lets MetaTrader accounts choose 10:1 or 20:1. The UK company, StoneX Financial Ltd, FCA number 446717, caps retail leverage at 30:1 under FCA rules and reports that 74% of its retail accounts lose money. Checked 25 September 2026.

    Yes. FOREX.com lists gold as XAU/USD on its own platform and on MetaTrader. In the US it trades as a spot metal product rather than a CFD. Check the contract page for the spread and the trading hours before you trade.

    Bank transfer and debit or credit cards on every company. Depending on where you live, the site also lists Skrill, Neteller and PayPal. The available methods appear in the funding page after you pick your country.

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