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    FOREX.com

    15-20 years
    |
    Regulated in Australia
    |
    Market Making(MM)
    |
    MT4/5 full license

    Rating

    0123456789
    .
    0123456789
    0123456789

     /10.00

    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!

    Benchmark

    AAA

    Licenses

    Financial Conduct Authority

    Market Making(MM)

    FCA Regulated

    Financial Services Agency

    Retail Forex License

    FSA Regulated

    National Futures Association

    Market Making(MM)

    NFA Regulated

    Investment Industry Regulatory Organization of Canada

    Market Making(MM)

    IIROC Regulated

    Cayman Islands Monetary Authority

    Market Making(MM)

    CIMA Offshore Regulatory

    Monetary Authority of Singapore

    Retail Forex License

    MAS Regulated

    Overview

    • Company Name:

      GAIN Global Markets, Inc.
    • Company Abbreviation:

      FOREX.com
    • Place of registration:

      FOREX.comUnited States
    • Regulatory Status:

      Regulated
    • Customer Service Email Address:

      support@forex.com
    • Customer Service Phone Number:

      1.877.367.3946
    • Company summary

      BasicInformation&RegulatorsofFOREX.comFOREX.comistheleadingglobalretailonlinetradingbrandofGainCapital,ownedbyNASDAQ-listedStoneXGroupInc.Foundedin1999,thiscompanyhasdevelopedintoagloballeaderinonlinetradingandoperatesthroughitsregulatedsubsidiariesinsevenmajorfinancialjurisdictionsaroundtheworld,includingtheFinancialConductAuthority(FCA),theCommodityFuturesCommission(CFTC),theAmericanNationalFuturesAssociation(NFA),theAustralianSecuritiesandInvestmentsCommission(ASIC),andtheJapanFinancialServicesAuthority(FSA).FinancialServicesAuthority(FSA),MonetaryAuthorityofSingapore(MAS),andCaymanIslandsMonetaryAuthority(CIMA).Thecompanyiscurrentlyregulatedbytwooftheworld'sleadingprimaryregulators,withcrediblesecurity.MarketInstrumentsofFOREX.comThehighlycompetitivequotesandqualitytradeexecutionoftheKarsontradingplatformallowinvestorstotradeover180products,morethan80foreignexchange,220stocks,crudeoil,commodities,gold,silver,stockindices,andothertradingproducts.PopularOTCproductsarealsoofferedincludingGold/USD,EUR/USD,GBP/USD,CNH,CrudeOilFutures,Tesla,Alibaba,Tencent,HongKongHangSengIndex,andWallStreetDowJonesIndex.MinimumDepositsofFOREX.comFOREX.com'saccounttypesincludeMT4accounts,MT5accounts,andthiscompany'sexclusiveaccounts.Theminimumdeposittoopenanaccountis$100,andthisbrokeradvisestohaveatleast1000unitsoftraders'accountcurrecy.LeverageofFOREX.comThedefaultleverageforMT4andMT5accountsis1:200,with50,100,and400times'leverageavailable.Thedefaultleverageforthecompany'sexclusiveaccountsis1:200,andtheleverageof1:400isalsoavailable.Spreads&CommissionFeesofFOREX.comTherearenocommissionsforForextradings,andthecompanyonlychargesspreads.ThemainspreadsforForexproductsare1.5pipsforEUR/USD,1.6pipsforGBP/USD,and1.5forAUD/USD,withspreadsaslowas0.035forgoldand0.35forsilver.Thelowestspreadforcommodityfutures(crudeoil)is0.04pips,andthelowestspreadforspotcommoditiesisabout1.5pipsoffthemarketprice.ThelowestspreadforOTCstockindicestradingis1pip,andthelowestspreadforOTCstocktradingisalso1pip.SWAPsarecalculatedbasedon10,000positionsandaredenominatedinU.S.dollars.SWAPsareexecutedat5:00p.m.ESTandanypositionsheldatthattimeareincludedintheSWAPcalculation.TradingPlatformAppliedKarsonGroupoffersinvestorstheworld'smostadvancedandpopularly-usedMT4andMT5platforms,aswellasFOREX.com'sexclusivetradingplatforms.Theexclusivetradingplatformofferspowerfultoolsforsophisticatedtraderswhorequiresophisticatedtradingfunctionalityandanalyticaltools,includingpowerfulchartingtools,awiderangeoftechnicalindicators,variouschartingtools,advancedanalyticaltools,andsupportfordesktop,web,andmobileversions.FOREX.com'sMetatraderplatformisoptimizedtosupportallExpertAdvisors(EA).Easilyintegratetraders'EAsintothecompany'splatformandbefreefromthird-partytransitionsorautomaticsynchronization.Deposit&WithdrawalThiscompanywelcomesdepositandwithdrawalbythemethodofbankwireandcreditcard/debitcard.Therearenofeesforcredit/debitcardwithdrawals,whilewiretransfersinUSDmaybesubjecttosomebankcharges.Thecompanywillprocessthewithdrawalrequestwithintwobusinessdaysandcredittheclient'sreceivingbank,dependingonthebank'sprocessingspeed. About More
    Pyramid scheme complaint

    WikiFX APP!

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    WikiFX Risk Alerts

    Previous Detection: 2021.09.19 Risk: 2 Item

    • The number of the complaints received by WikiFX have reached 11 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    • The Cayman IslandsCIMA regulatory with license number: 25033 is an offshore regulatory, please be aware of the risk!

    WikiFX Verification

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    Last Updated Time 2021-09

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    Brokers

    Financial Conduct Authority

    Financial Conduct Authority (FCA)

    The Financial Conduct Authority (FCA) is a financial regulatory body in the United Kingdom, but operates independently of the UK Government, and is financed by charging fees to members of the financial services industry. On 19 December 2012, the Financial Services Act 2012 received royal assent, and it came into force on 1 April 2013. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority. The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the United Kingdom. It focuses on the regulation of conduct by both retail and wholesale financial services firms.

    • Licensed Institution :

      Gain Capital UK Limited

      Effective Date :

      2001-12-01
    • Email Address of Licensed Institution :

      ukcompliance@gaincapital.com

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.GAINCapitalUKLtd

      Expiry Date :

      --
    • Address of Licensed Institution :

      Devon House 58 St. Katharines Way London E1W 1JP UNITED KINGDOM

      Phone Number of Licensed Institution :

      44 02075508515
    • Licensed Institution Certified Documents :

      Gain Capital FCA监管2021.03.29 View Certified Documents FOREX_FCA交易商监管信息表_查询结果 View Certified Documents Gain Capital FCA20200610更新 View Certified Documents
    Financial Services Agency

    Financial Services Agency (FSA)

    The Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the country’s financial system and ensure its stability. It is also responsible for protecting security investors, insurance policyholders, and depositors. It achieves its aims in a number of different ways including planning and policy making, supervising financial services providers, overseeing securities transactions, and inspecting financial institutions in the private sector. When the FSA was first created it was merely an administrative body. However, its responsibilities were widened in 2001 when it became the external representative of the Cabinet Office of Japan. It took over the responsibilities of the Financial Reconstruction Committee, and also took over responsibility for failed financial institutions.Today, the FSA Japan is held accountable to the Japanese Minister of Finance and enjoys a wide scope of responsibility.

    • Licensed Institution :

      GAIN Capital Japan Co., Ltd

      Effective Date :

      2007-09-30
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      東京都中央区日本橋室町4-4-10 東短室町ビル3階

      Phone Number of Licensed Institution :

      0352056161
    • Licensed Institution Certified Documents :

      2010401047199 牌照信息20190212 View Certified Documents
    National Futures Association

    National Futures Association (NFA)

    National Futures Association (NFA) is the industrywide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

    • Licensed Institution :

      GAIN CAPITAL GROUP LLC

      Effective Date :

      2004-07-29
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      135 US Highway 202 & 206 Suite 11 Bedminster, NJ 07921 United States

      Phone Number of Licensed Institution :

      908-731-0700
    • Licensed Institution Certified Documents :

      GAIN CAPITAL GROUP LLC NFA牌照信息20191206 View Certified Documents GAIN CAPITAL GROUP LLC NFA监管信息截图 View Certified Documents
    Investment Industry Regulatory Organization of Canada

    Investment Industry Regulatory Organization of Canada (IIROC)

    The Investment Industry Regulatory Organization of Canada is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. IIROC sets high-quality regulatory and investment industry standards, protects investors and strengthens market integrity while maintaining efficient and competitive capital markets.

    • Licensed Institution :

      GAIN Capital - FOREX.com Canada Ltd.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.forex.com/ca/

      Expiry Date :

      --
    • Address of Licensed Institution :

      Bedminster One 135 US Hwy 202/206, Suite 11 Bedminster NJ 07921

      Phone Number of Licensed Institution :

      908-731-0700
    • Licensed Institution Certified Documents :

      嘉盛 IIROC监管截图 View Certified Documents
    Cayman Islands Monetary Authority

    Cayman Islands Monetary Authority (CIMA)

    The Cayman Islands Monetary Authority (CIMA)was established as a body corporate under the Monetary Authority Law on 1 January 1997. CIMA is created from the merger of the Financial Services Supervision Department of the Cayman Islands Government and the Cayman Islands Currency Board and it takes over the former responsibilities, duties and activities of these two bodies which include the issue and redemption of Cayman Islands currency and the management of currency reserves; the regulation and supervision of financial services, the monitoring of compliance with money laundering regulations, the issuance of a regulatory handbook on policies and procedures and the issuance of rules and statements of principle and guidance; the provision of assistance to overseas regulatory authorities, including the execution of memoranda of understanding to assist with consolidated supervision and the provision of advice to the Government on monetary, regulatory and cooperative matters.

    • Licensed Institution :

      GAIN Global Markets, Inc

      Effective Date :

      2007-01-01
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      --

      Expiry Date :

      --
    • Address of Licensed Institution :

      --

      Phone Number of Licensed Institution :

      --
    • Licensed Institution Certified Documents :

      25033_1_.JPG View Certified Documents
    Monetary Authority of Singapore

    Monetary Authority of Singapore (MAS)

    MAS is the integrated regulator and supervisor of financial institutions in Singapore. In 1970, Parliament passed the Monetary Authority of Singapore Act leading to the formation of MAS on 1 January 1971. The passing of the MAS Act gave MAS the authority to regulate the financial services sector in Singapore.MAS has been given powers to act as a banker to and financial agent of the Government. It has also been entrusted to promote monetary stability, and make credit and exchange policies conducive to the growth of the economy. In April 1977, the Government decided to bring the regulation of the insurance industry under MAS. The regulatory functions under the Securities Industry Act (1973) were also transferred to MAS in September 1984.MAS now administers the various statutes pertaining to money, banking, insurance, securities and the financial sector. Following its merger with the Board of Commissioners of Currency on 1 October 2002, MAS also assumed the function of currency issuance.

    • Licensed Institution :

      GAIN CAPITAL SINGAPORE PTE. LTD.

      Effective Date :

      --
    • Email Address of Licensed Institution :

      --

      License Type:

      No Sharing
    • Website of Licensed Institution :

      http://www.cityindex.com.sg

      Expiry Date :

      --
    • Address of Licensed Institution :

      168 ROBINSON ROAD #20-01 CAPITAL TOWER 068912

      Phone Number of Licensed Institution :

      +65 68269988
    • Licensed Institution Certified Documents :

      GAIN 新加坡监管截图 View Certified Documents GAIN CAPITAL SINGAPORE PTE. LTD. MAS牌照信息20191206 View Certified Documents

    FOREX.com · MT4/5

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      FOREX.com · Website

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          FOREX.com· Genealogy

          FOREX.com · Clones

          FOREX.com · Market Analysis

          The data are from WIKI Research    2021.09.20 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

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          FOREX.com · Survey×

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          FOREX.com

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          WikiFX·pyramid scheme complaint
          1  Know about pyramid scheme  >
          2  Pyramid scheme complaint   >
          3  Done
          1. What is pyramid scheme complaint?
          With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
          2. 10 Features of Pyramid Scheme
          High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
          Report immediately
          Report This Platform
          FOREX.com
          * Contact number
          0086
          *Enter your phone number
          *Reporting Reasons

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          You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

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          FOREX.com · Company summary

            Basic Information & Regulators of FOREX.com

            FOREX.com is the leading global retail online trading brand of Gain Capital, owned by NASDAQ-listed StoneX Group Inc. Founded in 1999, this company has developed into a global leader in online trading and operates through its regulated subsidiaries in seven major financial jurisdictions around the world, including the Financial Conduct Authority (FCA), the Commodity Futures Commission (CFTC), the American National Futures Association (NFA), the Australian Securities and Investments Commission (ASIC), and the Japan Financial Services Authority (FSA). Financial Services Authority (FSA), Monetary Authority of Singapore (MAS), and Cayman Islands Monetary Authority (CIMA). The company is currently regulated by two of the world's leading primary regulators, with credible security.

            Market Instruments of FOREX.com

            The highly competitive quotes and quality trade execution of the Karson trading platform allow investors to trade over 180 products, more than 80 foreign exchange, 220 stocks, crude oil, commodities, gold, silver, stock indices, and other trading products. Popular OTC products are also offered including Gold/USD, EUR/USD, GBP/USD, CNH, Crude Oil Futures, Tesla, Alibaba, Tencent, Hong Kong Hang Seng Index, and Wall Street Dow Jones Index.

            Minimum Deposits of FOREX.com

            FOREX.com's account types include MT4 accounts, MT5 accounts, and this company's exclusive accounts. The minimum deposit to open an account is $100, and this broker advises to have at least 1000 units of traders' account currecy.

            Leverage of FOREX.com

            The default leverage for MT4 and MT5 accounts is 1:200, with 50, 100, and 400 times' leverage available. The default leverage for the company's exclusive accounts is 1:200, and the leverage of 1:400 is also available.

            Spreads & Commission Fees of FOREX.com

            There are no commissions for Forex tradings, and the company only charges spreads. The main spreads for Forex products are 1.5 pips for EUR/USD, 1.6pips for GBP/USD, and 1.5 for AUD/USD, with spreads as low as 0.035 for gold and 0.35 for silver. The lowest spread for commodity futures (crude oil) is 0.04 pips, and the lowest spread for spot commodities is about 1.5 pips off the market price. The lowest spread for OTC stock indices trading is 1 pip, and the lowest spread for OTC stock trading is also 1 pip. SWAPs are calculated based on 10,000 positions and are denominated in U.S. dollars. SWAPs are executed at 5:00 p.m. EST and any positions held at that time are included in the SWAP calculation.

            Trading Platform Applied

            Karson Group offers investors the world's most advanced and popularly-used MT4 and MT5 platforms, as well as FOREX.com's exclusive trading platforms. The exclusive trading platform offers powerful tools for sophisticated traders who require sophisticated trading functionality and analytical tools, including powerful charting tools, a wide range of technical indicators, various charting tools, advanced analytical tools, and support for desktop, web, and mobile versions. FOREX.com's Metatrader platform is optimized to support all Expert Advisors (EA). Easily integrate traders' EAs into the company's platform and be free from third-party transitions or automatic synchronization.

            Deposit & Withdrawal

            This company welcomes deposit and withdrawal by the method of bank wire and credit card/ debit card. There are no fees for credit/debit card withdrawals, while wire transfers in USD may be subject to some bank charges. The company will process the withdrawal request within two business days and credit the client's receiving bank, depending on the bank's processing speed.

          Risk Warning

          The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

          Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

          Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

          Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.