FOREX.com is a United States-based broker established in 2004 and regulated by multiple authorities, including ASIC, NFA, MAS, FSA, CIRO, FCA, and CYSEC. It holds an overall AAA rating for its trading environment, with 650 users participating in testing. The broker offers three account types—MetaTrader 5, RAW Spread, and Standard—with spreads as low as 0.0 and support for hedging, scalping, and EA trading. Its platforms include self-developed software, MT4, and MT5, with mobile app support and a Fair software experience. Customer service covers 22 languages and 10 regions via phone, email, and social channels, though response times may be lengthy. Its influence rating is AA, with an average influence index of 8.10. The broker's listed disadvantages include multiple disclosures and a high number of user complaints.
Regulatory Compliance and Security
FOREX.com is regulated by multiple authorities. All listed regulators are marked as Regulated, with a safety level of Level 1.
There was 1 regulatory disclosure: a $50,000 NFA fine issued in 2019.
Account Type
Trading Environment
Speed Details:
- Fastest speed: 0.0 ms (opening 0.0 ms / closing 88.0 ms)
- Slowest speed: 526.0 ms (opening 0.0 ms / closing 526.0 ms)
Cost Details:
- Gold (XAU): Average Cost 12.43 USD/Lot
- Crude Oil (WH): Average Cost 7.41 USD/Lot
Swap Details:
- Crude Oil Long: -0.85 USD/Lot / Short: 0.05 USD/Lot
- Gold Long: -6.43 USD/Lot / Short: 3.34 USD/Lot
Test Data: 650 users participated in the test, with a total of 2,487 transactions and occupied margin of $1,457,756 USD. It ranks 1st among 109 brokers in the comprehensive ranking.
Trading software
FOREX.com supports self-developed software, MT4, and MT5, with full MT4/5 license authorization. The software experience is rated Fair.
MT4/5 Server Distribution: MT4 and MT5 servers are distributed across the United Kingdom, United States, and China Hong Kong.
Mobile Support: iOS and Android via mobile app.
Customer Service
Customer service supports 22 languages and 10 regions. You can contact them via phone, email, and social channels; response times may be lengthy.
Influence
FOREX.com has an influence rating of AA. Its influence is mainly distributed in the United Arab Emirates, Albania, Armenia, Angola, Argentina, Austria, Australia, Azerbaijan, Bosnia, and Bangladesh, with an average influence index of 8.10.
5-10 years
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