Forex.com review 2019

Is Forex.com a good broker?

Traders looking for fast execution, low spreads and solid trading platforms could find the Forex.com broker to be a great choice.

Spread

Account minimum

Regulation

Accepting US citizens

Minimum 1.3 pips on EUR/USD
$50
CFTC
NFA
FCA
FSA
ASIC
IIROC
CIMA
MAS
Yes

Forex.com is owned by GAIN Capital Holdings, which is available for trading on the NYSE under the ticker symbol GCAP. In addition, it's regulated in many countries including the US, so traders from around the world are welcomed to apply.

With Forex.com you get to trade multiple trading instruments from a variety of trading platforms, you get access to education and research and you can get peace of mind due to its high regulation.

What kind of trading platforms does Forex.com offer?

Forex.com offers Meta Trader 4 to seasoned Forex traders, but you can also enjoy advanced trading platform, web-based trading and mobile trading. All platforms come with advanced charting tools and easy-to-execute trades directly from the chart.

You can also get Meta Trader 4 VPS hosting for free if you have at least $5,000 in your account and you make at least 10 round trip mini lots per month. The VPS is ideal for traders looking to set up EAs on their accounts.

High-volume traders get access to the Active Trader platform where you can reduce your trading costs up to 15% with cash rebates. Also, you get support from an experienced market strategist and you get reimbursement on bank fees for wire transfers. If you have a minimum of $10,000 in your account or if you trade $25 million of volume per month, you will automatically qualify.

Standout features

  • Low spread. Minimum spread you can get on EUR/USD pair is 1.3 pips.
  • Trading platform. Meta Trader 4, Advanced Trader Platform and Active Trader platform are available to traders, along with a web-based and a mobile app for trading on the go.
  • Education. Get access to educational resources, including trading concepts, markets and technical analysis.
  • Regulation. Forex.com is regulated in the US, Australia, the UK, Singapore, Japan, Canada and the Cayman Islands, making it one of the most regulated Forex brokers.
  • Trading instruments. Trade Forex and CFDs like indices, shares, stocks and cryptocurrencies.

Watch out

  • Minimum account opening. To test Forex.com as a broker, you would need a minimum of $50 to open an account. Similar brokers have no account opening minimum.

What can I trade with Forex.com?

  • Currencies
  • Indices
  • Stocks
  • Commodities
  • Cryptocurrencies

How do I signup with Coinbase?

  1. Go to the Coinbase website.
  2. Click Open an account.
  3. Fill out the application form.
  4. Fund your account..

Bottom line

Beginner and advanced traders can get what they're looking for in Forex.com, including access to education resources, low spreads, fast execution, a variety of trading instruments and a choice of trading platforms.