FOREX.com review 2026

Is FOREX.com regulated?

FOREX.com is connected with 8 recorded regulatory licence or licences. The entity relevant to users in United States is GAIN Capital Group LLC, reported as regulated by Commodity Futures Trading Commission and National Futures Association under licence number 0339826.

The broker operates through multiple legal entities. The regulator and protections applying to an account depend on which entity accepts the client, not simply on the broker brand displayed.

FOREX.com holds tier-one authorisations from ASIC, FCA, CySEC, MAS, CFTC/NFA and CIRO. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (CIMA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

How safe is FOREX.com?

Client money is held separately from the firm's own money, at Global network of investment-grade custodian banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.

Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.

Covered by FSCS up to £85,000 for eligible UK clients; CIPF protection for eligible Canadian clients; ICF up to €20,000 for eligible CySEC clients; no equivalent statutory US forex compensation scheme, which pays eligible clients up to its limit if the firm fails owing client money.

Verify licence with CFTC/NFA

FOREX.com trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

FOREX.com advertises spreads from 0.0 pips on Standard/Spread-Only. The stated commission is $3.50 per side / $7 round turn, RAW. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FOREX.com lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Variable

EUR/USD average spread

Approx. 0.8 pips, Standard

GBP/USD average spread

Approx. 1.1 pips, Standard

Commission

$3.50 per side / $7 round turn, RAW

All-in cost, EUR/USD

Approx. 0.7 pips, RAW

Leverage and margin

Maximum leverage is reported as 1:30, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

FOREX.com describes its execution model as Market maker / principal. The available information indicates an average execution speed of Under 1 second, order types of Market, limit, stop, stop-loss, take-profit, trailing stop, guaranteed stop-loss where available and servers in Global financial data-centre infrastructure. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes; MT4/MT5 Expert Advisors and automated trading

Copy trading

No

Negative balance protection

Yes for eligible retail CFD clients; not universally applicable to US forex accounts

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

FOREX.com account types

FOREX.com offers 7 reported account types. Compare the minimum deposit, spread model, commission, platform and eligibility before choosing an account.

FOREX.com runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, AUD, CAD, JPY, CHF. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 1,000 currency units / 0.01 lot equivalent. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Standard/Spread-OnlyRAW PricingMT4MT5CorporateProfessionalDemo

Minimum deposit

$100

Spreads from

0.0 pips

Commission

$3.50 per side / $7 round turn, RAW

Maximum leverage

1:30

Platforms

MetaTrader 4, MetaTrader 5, TradingView, Proprietary platform

Base currencies

USD, EUR, GBP, AUD, CAD, JPY, CHF

Available markets

Forex, Metals, Commodities, Indices, Shares, Bonds, Cryptocurrency CFDs

Minimum trade size

1,000 currency units / 0.01 lot equivalent

Account opening time

Typically a few minutes

Demo account

A demo account is reported as available for testing the platform and practising with virtual funds. Demo pricing and execution may not match live conditions.

Islamic account

An Islamic or swap-free option is reported as available. Alternative charges, holding limits or eligibility conditions may apply.

FOREX.com fees and trading costs

The total cost of trading can include spreads, commissions, overnight financing, currency conversion, deposit or withdrawal charges and inactivity fees.

Advertised spreads start from 0.0 pips, but typical pricing may be higher.

The reported trading commission is $3.50 per side / $7 round turn, RAW.

Overnight financing applies to eligible positions at rates that can change.

The broker reports none internally for withdrawals.

An inactivity fee of $15/month applies after 12 months inactivity.

A currency-conversion charge of 0.5% may apply.

Spreads from

0.0 pips

Commission

$3.50 per side / $7 round turn, RAW

Overnight financing

Both: overnight rollover may be charged or credited

Deposit fee

Not confirmed

Withdrawal fee

None internally

Inactivity fee

$15/month after 12 months inactivity

Currency conversion

0.5%

Fees can change and may differ by entity, platform, account or payment method. Confirm the full schedule before opening or funding an account.

Trading platforms and apps

FOREX.com supports MetaTrader 4, MetaTrader 5, TradingView and Proprietary platform. Availability can differ by account and legal entity.

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

MetaTrader 4MetaTrader 5TradingViewProprietary platform

Proprietary platform

Yes

Web platform

Yes

Mobile app

Both proprietary and third-party

Charting

80+ proprietary platform; 100+ via TradingView; MT4/MT5 indicators

Third-party tools

TradingView, Trading Central, Reuters, FX Blue, Performance Analytics

Server locations

Global financial data-centre infrastructure

Automated and copy trading

The broker reports support for expert advisers and automated strategies and API access. Automated strategies can fail, amplify losses or behave differently under changing market conditions.

The platform range is broad. Its main advantage is support for MetaTrader 4; the principal limitation is the absence of cTrader.

Markets available through FOREX.com

The broker reports access to 6,300+ instruments across forex, metals, commodities, indices, shares, bonds and cryptocurrency CFDs. Product availability depends on the account entity and platform.

Leverage is capped at 1:30 retail, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

The product range is strongest for forex, metals and commodities.

ForexMetalsCommoditiesIndicesSharesBondsCryptocurrency CFDs

Markets, as published

Forex, Shares, Indices, Commodities, Metals, Cryptocurrencies, Bonds/Rates

Total instruments

6,300+

Currency pairs

80

Cryptocurrency CFDs

Yes, jurisdiction-dependent

CFDs do not provide ownership of the underlying asset. Product terms, leverage and trading hours vary by market.

Deposits and withdrawals

Available funding methods include Debit/credit card, bank transfer, wire transfer and jurisdiction-specific electronic payment methods. Processing times, limits, fees and availability vary by country, currency and account entity.

Withdrawals are stated at Typically 1-2 business days for processing, plus banking settlement time, against Cards generally instant; bank transfers typically 1-2 business days; wires typically 1-2 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: bank transfer, wire transfer, cards and supported original funding methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $100 or remaining account balance if lower - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Identity, payment ownership and source-of-funds checks may be required before a withdrawal is processed.

Deposit methods

Debit/credit card, bank transfer, wire transfer and jurisdiction-specific electronic payment methods

Withdrawal methods

Bank transfer, wire transfer, cards and supported original funding methods

Deposit time

Cards generally instant; bank transfers typically 1-2 business days; wires typically 1-2 business days

Withdrawal time

Typically 1-2 business days for processing, plus banking settlement time

Deposit fee

Not confirmed

Withdrawal fee

None internally

Minimum withdrawal

$100 or remaining account balance if lower

Local payment methods

ACH in US; BPAY/PayID and local banking options in Australia; jurisdiction-specific methods elsewhere

View withdrawal complaints about FOREX.com

Use a payment method held in your own name. The broker may reject third-party payments or require withdrawals to follow the original funding route.

Customer support

FOREX.com provides support through Live chat, email, phone during 24/5. Supported languages include Multilingual.

Support runs 24/5. Round-the-clock cover matters more than it sounds: a position held over a weekend or through an unexpected halt is exactly when you need somebody to answer.

Reachable by live chat, email, phone. A published telephone number is the one channel that is hard to fake and hard to ignore, so whether there is one says more than the number of channels does.

Languages: Multilingual. Being able to raise a complaint in your own language is worth more than it appears, because complaints are where precision matters most.

Education: extensive: trading academy, courses, lessons, webinars, platform tutorials and educational articles. Treat broker-published material as an introduction rather than as advice - it is produced by a firm whose revenue rises when you trade more.

Support channels

Live chat, email, phone

Support hours

24/5

Languages

Multilingual

Telephone

+1 908 315 0653

Email

support@forex.com

Live chat response

Typically under 2 minutes

Research and market analysis

Extensive: Reuters news, Trading Central, analyst views, technical insights, market analysis and Performance Analytics

Education

Extensive: Trading Academy, courses, lessons, webinars, platform tutorials and educational articles

Is FOREX.com a good broker?

Your decision should reflect your country, experience, preferred platform, trading costs and tolerance for financial and counterparty risk.

FOREX.com is best considered by

• Traders who want a tier-one licence behind the account
• Traders who want raw spreads with a commission
• Traders who want automated strategies
• Traders who want MetaTrader

Consider another broker if

• You require copy trading

Compare FOREX.com with other brokersView regulationRead user reviewsRead complaints