Let's start here:

Forex.com is a major player in forex trading, providing various options including currencies, commodities, indices, and cryptocurrencies. Their platforms, like the popular MetaTrader 4 and MetaTrader 5, are available worldwide to meet different trader preferences. Backed by robust regulation and a strong focus on security, Forex.com is a favored choice for professionals looking for an all-encompassing trading experience. Now, let's delve deeper to verify if Forex.com lives up to its reputation.

It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.

What is Forex.com？

Forex.com is one of the most respected and trusted forex brokers in the foreign exchange trading industry. Founded in 2001, Forex.com is a global company licensed and regulated by several reputable regulatory authorities, including ASIC in Australia, FCA in UK, FSA in Japan, NFA in USA, CIRO in Canada, and MAS in Singapore.

Pros & Cons

Is Forex.com Legit？

Yes, Forex.com operates legally. Forex.com, a globally recognized broker, is part of an international holding company regulated by reputable authorities worldwide, including ASIC (Australia), FCA (UK), FSA (Japan), NFA(USA), CIRO (Canada), and MAS (Singapore).

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number
	ASIC	STONEX FINANCIAL PTY LTD	Market Making(MM)	345646
	FCA	Gain Capital UK Limited	Market Making(MM)	113942
	FSA	GAIN Capital Japan Co., Ltd	Retail Forex License	関東財務局長（金商）第291号
	NFA	GAIN CAPITAL GROUP LLC	Market Making(MM)	0339826
	CIRO	GAIN Capital - FOREX.com Canada Ltd.	Market Making(MM)	Unreleased
	MAS	STONEX FINANCIAL PTE. LTD.	Retail Forex License	Unreleased

Forex.com's Australian entity, STONEX FINANCIAL PTY LTD, regulated by the ASIC in Asutralia under regulatory number 345646, holding a license for Market Making(MM).

Forex.com's UK entity, Gain Capital UK Limited, regulated by tier-one regulatory FCA under regulatory number 113942, holding a license for Market Making(MM).

The entity based in Japan, GAIN Capital Japan Co., Ltd, regulated by FSA under regulatory number 関東財務局長（金商）第291号, holding a license for Retail Forex License.

GAIN CAPITAL GROUP LLC, the US entity, regulated by the NFA under regulatory number0339826, holding a license for Market Making(MM).

Candian entity, GAIN Capital - FOREX.com Canada Ltd., is regulated by the IIROC, holding a license for Market Making (MM), with license unreleased.

STONEX FINANCIAL PTE. LTD., the entity in Singapore, regulated by the MAS in Singapore, holding a license for retail forex.

Additionally, Forex.com offers negative balance protection on all of its trading accounts. This means that clients cannot lose more money than they have in their account, providing an additional layer of security and peace of mind in trading. In the event that an extreme market situation occurs and a position moves against the client, Forex.com will automatically close the position before the account balance falls below zero. This protection helps limit risk for clients and is an important feature to consider when choosing a forex broker.

Market Instruments

Forex.com offers a wide variety of trading instruments, including currency pairs, precious metals, indices, futures and options, stocks. Traders have a wide range of options to choose from and can find opportunities in a variety of markets.

Minimum Deposit

The minimum deposit amount required to register a Forex.com Standard live trading account is $100, which is quite friendly to most investors.

Here is the table showing the comparison of Forex.com minimum deposit with other brokers:

Broker	Minimum Deposit
	$100
	$10
	$5
	$200

Accounts

Forex.com offers its clients two types of trading accounts: the standard account and the MT5 account. The standard account is ideal for traders looking for a wide range of advanced charting tools with more than 80 technical indicators and a wide selection of markets to trade with competitive spreads starting from 0.8 pips on the EUR/USD currency pair. In addition, this account does not charge commissions on over 300 markets.

On the other hand, the MT5 account is ideal for traders looking for up-to-date tools and analysis, multi-asset class trading, expert advisors and custom indicators. Both accounts offer access to Forex.com's award-winning, technologically advanced and easy-to-use trading platform. In addition, clients can switch between the two accounts at any time to suit their trading needs.

Forex.com also provides beginners with demo accounts, allowing them to practice in a real trading setting without any financial risks. Demo accounts come with $50,000 in virtual funds and are active for 30 days from the time of registration. Please be aware that once this period ends, you won't be able to access the demo account with the same login details. Notably, each email address can only be used to open one demo account for each type, whether it's on FOREX.com platforms or MetaTrader.

With Forex.com demo accounts, you can enjoy the following features:

• $50,000 virtual funds

• Demo accounts active for 30 days

• Access to 80+ tradable FX pairs, plus gold and silver

• Using customizable charts

Here is the simple demo account sign-up process for you to follow:

Step 1: click the “Free Demo Account” button on the “Account” Navigation section.

Step 2： Fill in your full name, email and phone number in the form, and then click ” I'm not a robot for verification.

Step 3: After a simple registration, you can use the demo account and start trading.

Spreads & Commissions

Forex.com offers competitive spreads and low commissions on a wide range of trading instruments. Spreads for the EUR/USD currency pair start from as low as 0.018 pips, which is very low compared to other brokers. In addition, spreads for the Germany 40 and UK 100 indices start from 1 pip, and commissions for trading stocks start from 0.1%. Traders can also trade spot oil with spreads starting from 0 pips, which can be very attractive for those interested in commodity trading. In addition, the average trade execution speed on Forex.com is 0.04 seconds, which means that traders can expect fast execution of their trades. Finally, spreads for gold start as low as 0.15 cents, which can be very attractive for traders looking to trade the precious metals markets.

Trading Platforms

FOREX.com offers a variety of trading platforms designed to cater to the diverse needs of its traders, from beginners to experienced market participants.

MetaTrader 4 (MT4): Widely recognized as the industry standard for forex trading, MT4 is favored for its advanced charting capabilities, automated trading features through Expert Advisors (EAs), and extensive back-testing environment. FOREX.com enhances MT4 with additional tools and research to optimize trading.

MetaTrader 5 (MT5): As the successor to MT4, MT5 offers all the admired features of MT4 but with additional capabilities such as more timeframes, more technical indicators, advanced charting tools, and supports trading in stocks, commodities, and futures markets along with forex.

FOREX.com Advanced Trading Platform: This is FOREX.coms own proprietary platform built for advanced traders. It features sophisticated charting tools, integrated fund management options, and robust analysis tools. The platform is known for its superior execution speeds and comprehensive price analysis.

Web Trading Platform: Accessible directly from a web browser without the need to download or install any software, this platform is built on HTML5 and offers a rich set of features including powerful charts, a suite of trading tools, and integrated trading strategies.

Mobile Trading Apps: FOREX.com provides mobile applications compatible with Android and iOS devices, allowing traders to manage their accounts on the go. These apps offer full trading capabilities, complex order types, and interactive charts.

Deposit & Withdrawal

Forex.com offers several payment methods for depositing and withdrawing funds, such as credit card (Visa, Mastercard, Maestro), wire transfer, Skrill and Neteller. Deposits are processed within 24 hours, which means traders can start trading quickly. Withdrawals are also fast, usually taking 1-2 business days to process. It is important to note that Forex.com does not charge any additional fees for deposits or withdrawals, but payment service providers may impose their own fees.

Education

Forex.com offers a wide variety of tools and resources to help traders make informed decisions, including technical analysis, economic calendars, real-time news, free webinars and seminars, and a free demo account to practice and improve trading skills.

Conclusion

In summary, Forex.com is a well-regulated and respected broker with a wide variety of trading instruments and easy-to-use trading platforms. With its solid reputation in the industry and its focus on security and protection of client funds, Forex.com is an attractive option for traders looking for a reliable and secure broker.

Frequently Asked Questions (FAQs)

Does Forex.com offer a demo account for practice？

Yes.

What is the minimum deposit to open an account at Forex.com？

100 dollars.

Does Forex.com charge commissions for trades？

Forex.com charges commissions for some trades, such as stock trading. However, it does not charge commissions in most markets. Instead, Forex.com earns profits through the spread between the bid and ask prices of assets.

Does Forex.com have any kind of training or education program for traders？

Yes, Forex.com offers a wide variety of educational resources for traders of all levels, including live webinars, seminars, trading guides, articles and educational videos.

What payment methods does Forex.com accept？

Forex.com accepts various payment methods, including credit and debit cards, bank transfers, as well as electronic payment systems such as Skrill and Neteller.

Admiral Markets Overview

Admiral Markets is a global online trading provider offering trading services in various financial instruments, including forex, stocks, commodities, and indices. The company was founded in 2001 and is headquartered in Estonia, with offices in various countries around the world. Admiral Markets is regulated by several financial authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). The company offers a range of trading platforms, account types, and educational resources to its clients.

Admiral Markets is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Admiral Markets acts as an intermediary and takes the opposite position to its clients.

Regulatory Status

Admiral Markets is regulated by several respected financial authorities globally, ensuring a secure and compliant trading environment. In Australia, it is regulated by ASIC under the Market Making (MM) model. Similarly, in the United Kingdom and Cyprus, the firm is overseen by the FCA and CYSEC respectively, both also under the Market Making model.

Additionally, it holds a Retail Forex License in Seychelles, further extending its regulatory framework to offshore jurisdictions. However, it's important to note that its BaFin license in Germany has been revoked, which might affect its operations within Germany.

Pros and Cons of Admiral Markets

Advantages:

• Wide range of trading instruments and account types to choose from

• Flexible maximum leverage options

• Multiple payment methods available with varying fees

• Comprehensive educational resources for traders of all levels

• Customized customer service for different regions and languages

• Access to various trading platforms including MT4, MT5, and Webtrader

• A variety of trading tools and features such as negative balance protection and free VPS

Disadvantages:

• Limited availability in some regions and countries

• Commission and fee structures can be complex and vary by payment method and account type

• Limited promotions or bonuses offered for new or existing clients

• Some account types may require a minimum deposit that could be prohibitive for some traders

• Limited customer support availability on weekends

Market Instruments

Admiral Markets offers a diverse range of trading products, encompassing over 8,000 instruments across various asset classes to cater to different investment preferences:

1. Forex: Provides traders with the opportunity to trade 80 CFDs on various currency pairs, allowing for significant exposure to global currency markets.

2. Indices: Offers 43 Indices CFDs, which include both cash CFDs and Index Futures, enabling traders to speculate on the movements of major market indices.

3. Stocks: Features over 3,000 Share CFDs and provides options for investing in thousands of shares directly, catering to equity market participants.

4. Commodities: Includes CFDs on a variety of commodities such as metals, energies, and agricultural products, offering traders diverse commodity trading options.

5. Bonds: Allows trading in US Treasuries and Germany Bund CFDs, appealing to those interested in fixed-income securities.

6. ETFs: Provides access to more than 370 ETF CFDs and numerous other ETFs available through the Invest.MT5 platform, expanding the range of exchange-traded funds available for trading.

Spreads and Commissions

In terms of spreads, commissions, and other costs, there are some advantages and disadvantages among the different account types offered by the broker. The Invest. MT5 and Zero. MT5 accounts offer the advantage of zero spreads, which can help traders to save on costs. Additionally, the Trade. MT5 and MT4 accounts have low spreads, which are also beneficial for traders. The Trade. MT5 and MT4 accounts also offer low commissions on Single Share & ETF CFDs, which is a plus. However, the commissions on Cash Indices and Energies for the Zero. MT5 account are relatively high, as are the commissions on Forex & Metals for this account type. Additionally, the spreads on Trade. MT5 and MT4 accounts are higher than those on the Invest. MT5 and Zero. MT5 accounts. Overall, traders should consider the spreads, commissions, and other costs when choosing an account type that suits their needs.

Trading Accounts available in Admiral Markets

Admiral Markets offers five account types: Trade.MT5, Invest.MT5, Zero.MT5, Trade.MT4, and Zero.MT4. The Invest.MT5 account has the lowest minimum deposit requirement, starting at just $1 USD/EUR/JOD/GBP, and offers the widest range of trading instruments including over 4500 stocks and more than 400 ETFs; however, it does not support leverage trading. Only the Trade.MT5 account offers the option for an Islamic account.

For more detailed differences among the account types offered by Admiral Markets, please refer to the table below:

Trading platform(s) that Admiral Markets offers

Admiral Markets offers a comprehensive suite of trading platforms to cater to various trading needs:

• MetaTrader 5 (MT5): Available for Windows, Android, iOS, and Mac, MT5 is a multi-asset platform favored globally for trading Forex, CFDs, exchange-traded instruments, and futures. It features advanced charting tools, automated trading options, and mobile apps that allow trading on the go.

• MetaTrader 4 (MT4): Known for its reliability and powerful analytical tools, MT4 is available for Windows and offers advanced trading capabilities in a secure environment. It supports Forex and CFD trading.

• Admirals Mobile App: Developed in-house, this mobile app provides a user-friendly interface for trading CFDs on various instruments. Available for mobile devices, it ensures trading accessibility anytime, anywhere.

• StereoTrader: An advanced MetaTrader panel that enhances trading with strategic order types, stealth modes, and intelligent automation. It's designed for traders looking for precision and flexibility in their strategies.

• Virtual Private Server (VPS) with Admirals: Offers traders the ability to use Admiral's powerful platforms remotely on any device at any time, enhancing trading flexibility and execution speed.

• Parallels for macOS: This virtualization solution allows Mac users to seamlessly run Windows applications like MT4 and MT5 directly on their desktops.

Maximum leverage of Admiral Markets

Admiral Markets offers a range of leverage options from 1:10 to 1:1000, allowing traders to select the level that aligns with their strategy and risk tolerance. While higher leverage can amplify profits from smaller investments, it also increases the potential for significant losses.

Deposit and Withdrawal

Admiral Markets AS Jordan Ltd offers straightforward deposit and withdrawal options with various fee structures:

Deposits:

• Bank Transfer, Visa and MasterCard, Perfect Money: Deposits are free of charge across all these methods.

Withdrawals:

• Bank Transfer: Allows one free withdrawal per month; subsequent withdrawals incur a fee of 5 JOD / 10 USD / 10 EUR each.

• Perfect Money: Includes one free withdrawal per month; additional withdrawals are charged at 1%, with a minimum fee of 1 EUR / 1 USD.

Trading and Additional Fees:

• Commissions: Specific rates and values are detailed in the Contract Specifications.

• Internal Transfers: Transfers between accounts with the same base currency are free. Transfers between accounts with different base currencies incur a 1% fee, after five free transfers.

• Account Opening: Free for both live and demo accounts.

• Inactivity Fee: A charge of 10 USD per month applies if no transactions have been executed for 24 months, provided the account balance is positive.

• Currency Conversion Fee: A fee of 0.3% is applied to trades in assets quoted in different currencies from the account's base currency, with a minimum of 0.01 units of the base currency.

Educational Resources in Admiral Markets

Admiral Markets offers a robust suite of educational resources suitable for traders of all experience levels. These resources encompass an economic calendar to monitor significant market events, comprehensive market reports, and real-time charts that provide up-to-date market conditions.

Additionally, traders can benefit from a variety of learning formats including video tutorials for practical guidance on trading platforms, interactive webinars and seminars for insights from market experts, as well as eBooks that delve into trading strategies and concepts. A glossary is also available to help traders familiarize themselves with trading terminology, enhancing their understanding of the financial markets.

Customer Service of Admiral Markets

Admiral Markets provides a comprehensive customer care service to its clients worldwide. Customers can contact the company's multilingual customer support through phone or email in their own native language and get personalized assistance.

The company also has regional offices to provide customers with personal assistance. However, the support availability hours are limited, and there is no live chat or social media support available. Also, the company does not offer dedicated support for VIP clients.

Conclusion

Admiral Markets is a well-established online trading broker with over 19 years of industry experience, offering a diverse range of financial instruments, platforms, and account types to traders globally. The broker provides robust tools and educational resources to support informed trading decisions, along with flexible leverage and multiple payment options.

While Admiral Markets stands out for its tailored services across different regions, potential drawbacks include high commissions on certain accounts, a limited selection of cryptocurrencies, and the absence of 24/7 customer support.

FAQs about Admiral Markets

1. What regulatory bodies oversee Admiral Markets？

1. Admiral Markets is regulated by ASIC, FCA, CYSEC, and holds a Retail Forex License in Seychelles.

2. What can I trade on Admiral Markets？

1. The platform offers forex, indices, commodities, stocks, bonds, cryptocurrencies, and ETFs.

3. Which trading platforms does Admiral Markets support？

1. Admiral Markets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

4. Does Admiral Markets provide educational resources？

1. Yes, it offers webinars, seminars, eBooks, and market analysis.

5. What account types does Admiral Markets offer？

1. Available accounts include Trade.MT4/MT5 and Zero.MT4/MT5.

6. Are there fees or commissions at Admiral Markets？

1. Some accounts have no commissions while others may charge based on the traded instrument.

7. How can I manage funds in my Admiral Markets account？

1. Funds can be deposited or withdrawn via bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller.