FOREX.com Spreads, leverage, minimum deposit Revealed

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, 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.

Quick Forex.com Review in 10 Key Points
Registered in	USA
Regulated by	FCA (UK), IIROC (Canada), NFA(USA), ASIC (Australia), and CySEC (Cyprus), MAS ( Singapore), CIMA ( Cayman Islands)
Year(s) of incorporation	More than 20 years
Market instruments	currency pairs, precious metals, energies, indices, bonds, cryptocurrencies and equities
Minimum initial deposit	$100
Maximum leverage	Variant
Minimum spread	Floating
Trading platform	Forex.com and MT5
Deposit and withdrawal methods	credit card (Visa, Mastercard, Maestro), bank wire transfer, Skrill and Neteller
Customer Service	E-mail address/live chat

　　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.

Pros and cons of Forex.com

Pros	Cons
Well-regulated	Less user-friendly for novice traders
Wide variety of investment products	An inactivity fee applied after 12 months of no account activity
Advanced trading tools	High stock trading fees
Low forex fees, no fx commissions
Multiple trading platforms available
Decent customer service
Negtive balance protection

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 the United Kingdom, FSA in Japan, NFA in the United States, IIROC in Canada, CIMA in the Cayman Islands and MAS in Singapore. These regulators are known for their strict compliance and oversight requirements, which means that Forex.com is required to meet high ethical and operational standards to protect its clients and ensure the safety of their funds.

　　In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you are interested, read on.

Broker type

Pros	Cons
Offers tighter spreads	Acts as counterparty in the operations of its customers
Guarantees the execution of operations under normal market conditions.	There may be conflicts of interest
Can offer a greater amount of liquidity and depth in the marketplace	Traders do not have direct access to the interbank market.
Offers an easy to use and customizable trading platform	Traders may prefer ECN or STP brokers.

　　Forex.com is a worldwide forex broker offering online trading services in multiple markets, including forex, indices, commodities, cryptocurrencies and stocks.

　　Forex.com is a Market Maker broker, which means that it acts as a counterparty to its clients' trades, rather than sending trades to the interbank market. As such, Forex.com can offer tighter spreads and guarantee execution of trades under normal market conditions. However, some traders may prefer ECN or STP brokers, which send trades directly to the interbank market and do not act as a counterparty to their clients.

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 the FCA (UK), IIROC (Canada), NFA(USA), ASIC (Australia), and CySEC (Cyprus), MAS ( Singapore), CIMA ( Cayman Islands).

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
	IIROC	GAIN Capital - FOREX.com Canada Ltd.	Market Making(MM)	Unreleased
	CIMA	GAIN Global Markets, Inc	Market Making(MM)	25033
	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 FCA 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.

　　GAIN Global Markets, Inc, another entity in the Cayman Islands, regulated by CIMA under regulatory number 25033, holding a license for Market Making (MM).

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

Market instruments

Pros	Cons
It offers a wide variety of trading instruments, allowing traders to find opportunities in different markets.	Offering a wide variety of trading instruments, it can be overwhelming for traders who are new to the market and do not have experience in all available markets.
Diversification of trading instruments can help traders manage the risk of their portfolios.	Some trading instruments may have higher costs in terms of spreads or commissions, which may reduce the profitability of trades.
Forex.com offers a variety of market analysis and education tools to help traders make informed decisions about trading instruments.	Traders may find that the variety of trading instruments may be too wide, making it difficult to identify profitable trading opportunities.

　　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.

Forex.com Minimum Deposit

　　The minimum deposit amount required to register a Forex.com Standard live trading account is $100 USD, 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

Forex.com Account Types

Pros	Cons
Demo account available for risk-free practice	No Islamic account offered for traders who follow Shariah law
Offers two account types to suit different trading needs	The standard account has wider spreads compared to the MT5 account.
The standard account is ideal for traders looking for a wide variety of advanced charting tools and a wide selection of markets.	MT5 account can be more complex for beginner traders
Both accounts offer access to Forex.com's award-winning, technologically advanced and easy-to-use trading platform.	The MT5 account has a more limited selection of markets to trade compared to the standard account.
Customers can switch between the two accounts at any time to meet their business needs.	The standard account does not offer multi-asset class trading, like the MT5 account.

　　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 Demo Account

　　Forex.com 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 and commissions

Pros	Cons
Low spreads on a wide range of instruments	Spreads can be variable and can widen during periods of high volatility.
Low commissions for stock trading	Forex.com is a Market Maker broker, which means that there may be a conflict of interest.
Average speed of fast execution	It does not offer trading accounts with variable spreads.
Very low spreads on the EUR/USD currency pair	Some traders may prefer ECN or STP brokers that send trades directly to the market.
Low spreads for spot oil trading
Low spreads for gold trading

　　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 Platform

Pros	Cons
Forex.com's MT5 platform is fast and offers a wide range of technical analysis tools and resources.	Some traders may prefer other popular platforms such as MetaTrader 4.
The MT5 platform can be customized to each trader's preferences.	Traders who prefer a simpler platform may find the Forex.com platform a bit overwhelming.
The Forex.com platform is easy to use and designed to provide an intuitive trading experience.	The Forex.com platform is not as advanced as MT5 and may not be suitable for more experienced traders looking for more advanced tools.

　　Forex.com offers its clients the MT5 trading platform, one of the most popular and advanced trading platforms on the market. MT5 is known for its fast order execution and wide range of technical analysis tools and resources. In addition, traders can customize the platform according to their needs and preferences.

　　In addition to MT5, Forex.com also offers its own trading platform, the Forex.com platform. This platform is easy to use and is designed to provide an intuitive and customizable trading experience. The Forex.com platform features advanced trading tools, real-time charting and a wide range of technical indicators, making it a good choice for traders of all experience levels.

Forex.com Margin

　　Margin on Forex.com is a financial requirement that traders must meet in order to maintain their open positions. The margin requirement varies by platform (FOREX.com or MetaTrader), market, asset class and position size. Each instrument on Forex.com has its own margin information that can be found on the market information sheet on the FOREX.com platforms. To calculate the margin required to open a position, simply multiply the total nominal value of the trade (quantity x instrument price) by the margin factor. Traders can use the platform's margin calculator to find out the margin required before opening a position. In addition, Forex.com allows monitoring the margin requirements of each position individually and reviewing the total margin requirement of the account through the Margin Indicator. It is important to remember that the margin requirement may change over time as market prices fluctuate.

Negative balance protection

　　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.

Deposit and 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.

Forex.com 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.

Forex.com Customer Service

　　Forex.com offers exceptional customer service, with 24-hour support in multiple languages via live chat, email and address. In addition, the broker has an extensive online help center covering topics from account opening to trade execution and risk management. It also offers a news and analysis section, which includes an economic calendar and real-time market news, allowing clients to stay informed and make informed decisions. Overall, Forex.com demonstrates a strong commitment to customer satisfaction and provides all the tools necessary for traders to succeed in their trading experience.

　　E-mail: support@forex.com

　　Address: 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA

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 about Forex.com

　　Q: Does Forex.com offer a demo account for practice？

　　A: Yes, Forex.com offers a free demo account for traders who want to practice before trading with real money. The demo account offers full access to the trading platforms and market analysis tools for a limited period of time.

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

　　A: The minimum deposit to open a Forex.com account varies depending on the type of account the trader chooses and the trader's location. In some cases, it can be as low as 10 0 dollars.

　　Q: Does Forex.com charge commissions for trades？

　　A: 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.

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

　　A: 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.

　　Q: What payment methods does Forex.com accept？

　　A: Forex.com accepts various payment methods, including credit and debit cards, bank transfers, as well as electronic payment systems such as Skrill and Neteller. Processing times and deposit and withdrawal limits may vary depending on the method chosen and the trader's location.