Forex.com was founded in 2001 and it is a global forex broker. It is regulated by top tier regulators, like the UK FCA or the US CFTC.
Forex.com is considered safe because it has a long track record, its parent company is listed on stock exchange, and is regulated by top-tier regulators.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Recommended for forex traders looking for great research tools and customer service.
FOREX.com offers no commissions and has relatively low spreads. Its platform has some flaws, but it offers a large amount of currency pairs that may make it attractive to experienced traders.
FOREX.com is one of the largest forex brokers in the U.S. It is operated by GAIN Capital Holdings and is based in Bedminster, New Jersey. In addition to forex, you can also trade gold, silver and futures. This broker offers a desktop trading platform and mobile app, and it doesn’t charge commissions on its trade.
Our reviewers downloaded the available demo accounts for each brokerage and evaluated each of them on the ease of use and the features they offer. FOREX.com’s ForexTrader platform was rated below average, in part because its charting tools have few options for adjusting and manipulating the data. You also cannot compare different pairs with the charts. The platform does not include options for creating multiple watchlists.
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