Forex.com 2024 Broker Review
Recommended for
- Forex traders from the USA
Trust Level: Very High
- Founded in 2001
- Regulated by NFA (US), CFTC (US), FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSA (Japan)
Popularity
241 people visited this broker using ForexBrokerTalk within the last 6 months
Introduction To Forex.com
Among one of the only forex brokers regulated in the United States, Forex.com is another veteran in the forex industry. Founded in 2001 and headquartered in New Jersey Forex.com regulated by multiple top tier jurisdictions around the world, including: NFA (US), CFTC (US), FCA (UK), ASIC (Australia), CIMA (Cayman Islands), FSA (Japan). Due to their vast licenses and years in business we would consider this broker highly trustable.
Forex.com is a market maker, which we know is not every traders cup of tea. The tradable assets include; forex, indices, commodities, and energy. We do find that their selection of CFDs are a little limited compared to other brokers. Finally, forex.com offers MetaTrader 4 and NinjaTrader.
Forex.com is a broker we would recommend for traders from the USA – but outside of that not so much.
$250
Minimum Deposit
Built into spread
FX Commission
(per lot)
Yes
Free Demo Account
$15
Inactivity fee
Pros
Highly Trustable Broker
Regulated in the USA
Cons
Limited Leverage (1:200)
No hedging allowed for US traders
Inactivity Fee
Video Review
Coming soon!
Forex.com Quick Facts
Country Headquarters
United States
Instruments Offered
Forex, Metal, Stock Indices,
Base Account Currency
USD, GBP, EUR, CHF, JPY, NZD
Minimum Deposit
$250
Withdrawal Fee
$0
Account Verification Time
1 day
Deposit Options
Wire Transfer, Card, Check, and ACH
Accepts crypto deposit
No
Trading Platforms
MetaTrader 4 and NinjaTrader
Demo Accounts
Yes
VPS Offered
Yes
Subscribe To Our FREE newsletter
Stay up to date with the latest in the forex world – broker reviews, news, and exclusive offers.
About ForexBrokerTalk
ForexBrokerTalk is a free service which helps both new and experienced traders find the best forex broker for their needs. As an impartial party we have reviewed more than 50 different forex brokers, with new brokers being added everyday. Additionally we offer a free newsletter to keep traders up to date on the latest in forex broker news, promotions, and more! Have any questions? Click here to contact us and we’ll be happy to help.
4.7 / 5