FOREX.com Web and Desktop
Proprietary platforms with advanced charting, integrated news and trade analytics.
- 80+ technical indicators
- Integrated Reuters news
- Performance analytics
- Advanced order types
FOREX.com review
Global forex broker owned by publicly listed StoneX, regulated in the US, UK, EU, Australia, Singapore and Japan, with native TradingView trading.
9.5/10#2 in our ranking
Tested on a live account- CFTC
- NFA
- FCA
- CySEC
- ASIC
- MAS
- JFSA
- CIRO
- Since 2001
Our verdict on FOREX.com
In short
FOREX.com belongs to StoneX Group, a financial services company listed on the Nasdaq. It is one of the few retail brokers authorized in the United States by the CFTC and the NFA, and it also holds licences from the FCA, CySEC, ASIC, MAS, the JFSA and CIRO. With more than 80 currency pairs, a RAW pricing account and native TradingView integration, it is a strong choice for traders of all levels.
Who is it for?
Ideal for traders who want the security of a broker backed by a listed group and supervised by the strictest regulators, including US residents, who have very few options. Active traders benefit from the RAW account and from volume rebates.
Who it suits less
Less suited to traders who want high leverage, since FOREX.com applies conservative limits in most jurisdictions, and to complete beginners, who may find the advanced desktop platform demanding at first.
FOREX.com overview
FOREX.com was launched in 2001 and has belonged to StoneX Group Inc. since 2020. StoneX is listed on the Nasdaq under the symbol SNEX, publishes audited financial statements and runs institutional brokerage, clearing and risk management businesses alongside its retail trading brands. For a retail client, this listing brings a level of financial transparency that private brokers do not offer.
The brand operates through regulated entities in the main financial centres: in the United States under CFTC registration and NFA membership, in the United Kingdom under FCA authorization, in the European Union through a CySEC-licensed entity, in Australia under ASIC, in Singapore under the MAS, in Japan under the JFSA and in Canada under CIRO. International clients outside these jurisdictions are served by a group entity regulated offshore.
The offering covers more than 80 currency pairs and thousands of CFDs on indices, stocks, commodities and bonds, depending on the entity. Two pricing models are offered: the Standard account, where costs are built into the spread, and the RAW account, with spreads from 0.0 pip and a fixed commission per lot.
In our comparison, FOREX.com ranks second with a rating of 9.5 out of 10. Its regulation earns the maximum score. It finishes just behind AvaTrade because of more conservative leverage, an inactivity fee after 12 months and a desktop platform that takes some time to learn.
Pros and cons
Pros
- Owned by StoneX, a Nasdaq-listed group that publishes audited accounts
- One of the few brokers authorized by the CFTC and NFA for US clients
- Also regulated by the FCA, CySEC, ASIC, MAS, JFSA and CIRO
- More than 80 currency pairs
- Native TradingView integration, plus MT4 and MT5
- RAW account with spreads from 0.0 pip
Cons
- Inactivity fee of $15 per month after 12 months without trading
- Leverage more conservative than offshore competitors
- Product range varies widely by country (no CFDs for US clients)
- Advanced desktop platform less intuitive for beginners
Fees and commissions
FOREX.com offers two account types. The Standard account has no commission and builds its costs into the spread, with an average around 1.2 pips on EUR/USD. The RAW account offers spreads from 0.0 pip with a fixed commission per 100,000-unit lot, which usually lowers the total cost for active traders. Deposits are free, and an inactivity fee of $15 per month applies after 12 months without trading.
| Fee type | Details |
|---|---|
| Spread EUR/USD | Around 1.2 pips on average (Standard), from 0.0 pip + commission (RAW) |
| Spread GBP/USD | Around 1.5 pips on average (Standard) |
| Commission | None on the Standard account; fixed commission per lot on the RAW account (about $7 per round turn) |
| Overnight financing (swap) | Charged on positions held overnight, based on market rates plus a markup |
| Deposit fees | Free by card and bank wire |
| Withdrawal fees | Free by card; bank wire fees may apply depending on the entity |
| Inactivity fee | $15 per month after 12 months without activity |
Trading platforms
FOREX.com combines its own web, desktop and mobile platforms with the two MetaTrader versions and direct trading from TradingView. The proprietary platform offers advanced charting, integrated news and performance analytics. MetaTrader 4 and 5 remain the choice for automated strategies, and TradingView lets you place orders from the charting tool used by tens of millions of traders.
MetaTrader 4 and 5
The two MetaQuotes platforms, for automated trading and multi-asset analysis.
- Expert Advisors
- Custom indicators
- Strategy tester
- One-click trading
TradingView
Direct trading from TradingView charts, with access to the community script library.
- Trade from the chart
- Pine Script indicators
- Alerts
- Synchronized positions
Available instruments
- 80Forex pairs
- 4,500Stocks
- 20Commodities
- 15Indices
- 8Cryptocurrencies
- 5Bonds
Approximate figures published by the broker. The exact list may vary by account type and by the entity that holds your account.
Deposits and withdrawals
- Minimum deposit
- $100
- Payment methods
- Processing times
- Instant deposits by card, 1 to 3 business days by bank wire. Withdrawals processed within 1 to 2 business days.
- Fees
- No deposit fees. Withdrawals free by card; bank wire fees depend on the entity.
Customer service
- Languages
- Opening hours
- 24 hours a day, 5 days a week
- Contact channels
- Response time
- A few minutes on live chat during market hours
Safety and regulation
FOREX.com is supervised by some of the most demanding regulators in the world. In the United States, the CFTC and the NFA impose strict capital requirements and cap leverage at 50:1 on major pairs. In the UK, FCA-regulated clients can be covered by the Financial Services Compensation Scheme (FSCS) up to GBP 85,000 if the firm fails. EU clients of the CySEC entity are covered by the Investor Compensation Fund up to EUR 20,000. The financial transparency of StoneX, a listed company, adds a further layer of confidence.
- Main regulators
- CFTC and NFA (US), FCA (UK)
- Other group licences
- Investor protection
- FSCS up to GBP 85,000 (UK clients), ICF up to EUR 20,000 (EU clients); varies by entity
- Segregated client funds
- Yes
- Parent company
- StoneX Group Inc. (Nasdaq: SNEX)
- Year founded
- 2001
Frequently asked questions
Yes. FOREX.com is registered with the CFTC and is a member of the NFA, which allows it to offer forex trading to US residents. US clients cannot trade CFDs, and leverage is capped at 50:1 on major pairs.
The minimum deposit is $100 in most jurisdictions. The RAW account may require a higher balance depending on the entity.
Yes. You can connect your FOREX.com account to TradingView and trade directly from its charts, in addition to MetaTrader 4, MetaTrader 5 and the FOREX.com platforms.
FOREX.com belongs to StoneX Group Inc., a financial services company listed on the Nasdaq under the symbol SNEX.
FOREX.com alternatives
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Overall rating: 9.5/10
Trading CFDs involves a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.