Is FOREX.com safe?

Safety summary

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.

Regulatory coverage

FOREX.com is connected with 8 recorded licences: CFTC/NFA (tier one), FCA (tier one), ASIC (tier one), CIRO (tier one), MAS (tier one), FSA (Japan) (tier one), CySEC (tier one) and CIMA (Cayman Islands) (tier three).

View every licence

Client protections

Protections may include segregated client money, negative balance protection and a compensation scheme (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). They apply only where the account and client are eligible under the relevant entity and jurisdiction.

Official warnings

Licence concerns

Website verification

The recorded broker website is forex.com. Verify the domain through an official regulator register where possible and do not rely on links received through unsolicited messages.

Company history

FOREX.com was established in 2001. No material change has yet been recorded on this profile.

Complaints and responses

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The available evidence supports a favourable risk assessment for FOREX.com. This assessment can change if licences, entities, warnings or broker operations change.