I decided to stop trading with them last month because I never got my profits on time. This broker do not have an instant deposit and payments. And No unique trading services and the technical team do not have a capability to fix any issues.
Forex.com is quite a good broker, comparing to the others. Have not had any problems with them during the last three years. The withdrawals are done in their due time. The speed of order execution is average. Sometimes there are requotes and terminal freezes which is not good for scalping. All in all I am quite satisfied with the trading conditions.
Worst broker in the universe, when I tried to start a new account ,they were telling ,I am staying in a hotel, so that I cannot be given a new account ,Can any one guess what is the reason? My credit card contains Land mark as Hotel name ,so they believed ,I am staying in a hotel , how stupid , that is, if he google it, he will get that hotel name with out any issues. I should say that guy is a rocket scientist , a big f..........
The WORST BROKER you can ever imagine. Never put real money, never, or you never get them back !!!!!
RE- Honest Review. Exactly right. You hit the nail on the head. I learned not to trust these people.
I traded their Demo account sucessfuly, full time, for 6 months then ..... Slippage .... last night was the last trade - Entry order was supposed to execute in 20 pips - it finally did at 20 +48. They s>>>
PRO: Decent commentary and news updates. Easy to use platform. Good alerts. Decent calendars. Mini account. 24hr support.
CON: Suspicious "technical glitches." Obvious signs of stop hunting during news releases, even small ones. Market making so predictable you can make plays off it.
I have been trading with Forex.com since 2007 (and demo trading with others). Conclusion:
1-By far the most efficient platform (user friendly-simple and clear, all what you need is there!)
2-Slippage is everywhere the same during announcements
2.1-Spread is a little wider than some, but same on majors but what it is a fix one
3-execution is fast
4-Customer support with chat tool is decent
PS: If you lose money you will hate your broker ...if make some you will defend him ! C'est la vie
I have been using this company since day one and they have been pretty good and improving.Their platform is great and executions are really fast.Now I am using the fractional spreads and they are good.I fu do not want to get stopped out just trade better and wide the stops. stops of 30,50 pips sometimes are not enough because this market is too fast and volatile.Tray not to trade too small time frames. 4hour and up is good,be smart and do not gamble,just trade.
Forex.com cashback rebates of $4 per lot are available at forex-rewards.com. Average payment of $2000 per year for mini lots. No hidden charges, guaranteed payment into your account.
I've had super quick executions and decent customer service. Their platform is sufficient and the free eSignal charts are very usable. Spread is a little wider than some, but it's more dependable than most. Comes down to this--a good trader will do well with them and a poor trader will get slaughtered. Just like with any other broker.
I was with forex.com for 7 months. Good company, I have no complains. Easy was to deposite money and easy was to withdrawal money. Spreads are a bit wide, GBP/JPY is 9 pips and GBP/USD 5 pips, I think it's wide. But like I said in the begginig, they were profesional to me.