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FOREX.com Review and Information 2022

FOREX.com Information and Review FOREX.com
Rating FOREX.com does not participate in the Forex Rating
Reviews Rating
Regulation NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
Trading software MetaTrader4, FOREXTrader PRO, FOREXTrader
Headquartered Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921, USA
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FOREX.com is a global leader in online currency and CFD trading for private traders in the world. The broker started its operations in the international financial markets in 2001 and since then has become an industry leader. The company team strives to deliver highly competitive pricing, reliable trading orders execution and innovative trading instruments to help their customers to be successful in trading on the most important financial markets of the world.

The broker pricing is very competitive, reliable and absolutely transparent. The broker team spent more than ten years investing in informational technologies and elaborating a liquidity network of trading partners, therefore the broker is able to consistently quote tight spreads, in any kind of financial market conditions.

At FOREX.com a trader is having affairs with a stable, reliable, strong and safe broker. The FOREX.com parent company is GAIN Capital Holdings is listed on The New York Stock Exchange. That is why FOREX.co meets the highest possible standards of corporate governance and financial reporting.

The broker team continuously strives to offers their clients the best trading and investing tools and resources to help them trade profitably in the global markets. FOREX.com provides several trading platforms and all kinds of traders will find software suitable especially for them.

The quality of orders execution may impact trading profit as much as tight spreads. At the broker every aspect of the trade process is automated, with the aim to ensure the clients trades are executed extremely fast, without any manual interference, and at the price a trader expects is a better one. The broker consistently executes 99.9% of all trades in less than a second, with a medium execution speed of only sixty milliseconds.

When the market moves to a trader favor, the FOREX.com trading technology automatically executes a client’s trade at a better price. And the broker is successful at this: Last year, one hundred percent of orders were executed at the requested price or even better, with 65% of orders getting improvement of price.

FOREX.com Trading Information 2022


WWW http://www.forex.com/
Address Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921, USA
Headquarters Bedminster, NJ
Free phone 1.877.367.3946 (US)
24 hour support
Partnership programs
Trust management
Free education
Mobile trading
Automated trading
Demo account
24/5 trading
Accepts US traders
Scalping
PAMM
Digits after the dot in quotes 5
Minimum position size 1
Pip spread on majors 1.1-1.3
Spread Type variable
Maximum Leverage 50
ECN, $
STP, $
Standard account, $ 2500
Mini account, $ 500
Popular payment methods Wire Transfer, Check, PayPal
Account currencies EUR, USD, GBP, AUD, CHF, JPY
Available assets Spot Metals (US unleveraged trading, UK and AU leveraged trading), CFDs (UK and AU only)
Languages English, Chinese, Japanese, Russian, Arabic, German
Platforms MetaTrader4, FOREXTrader PRO, FOREXTrader
Broker type Broker, MM
Regulation NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
Foundation 1999
Bitcoin Forex Brokers

FOREX.com Reviews and Comments

I opened this account with forex.com back in May of 2021. I was able to trade once, I lost a good chunk of change. Then I try to trade again and my trade is disabled, so I have a web chat with them to see what is going on with that they send me an account closing form, would not give me a reason as to why. Now they will not send me my money back. Granted, it's $154, but it's MY money. My original bank account had closed down due to my finances during covid 19, and now they won't send my money. They give me some piff about money laundering. So if I was a money laundering trying to wash $154, not saying I am, because who would try to wash only $154 is not worth the risk in my eyes, does that give you the right to steal someone's money?
  27 Apr 2022  
Do not do it. Don't make the mistake of ignoring all these reviews. I know I should have not. They are the worst for refunds, they accept your deposits quickly and painlessly, but try to withdraw your funds! Then they will give you all sorts of scripted excuses. Save yourself the trouble, time and money and deal with a well reputed broker. They will keep telling you that they are a registered and legitimate broker, so does that guarantee they wont try to scam you !! I know first hand and many others that have reported here and on other feedback platforms. Never ever again.
  17 Mar 2022  
This is meant to be informative, this review is for beginners and intermediate traders. I was able to deposit money using ACH meaning they just take it directly from your bank account this took seconds! Now for the not so good! I was so excited to trade and immediately I realized the spreads on all pairs were in there 50’s to 100’s on basic pairs like usd/cad etc! I thought ok well it must be the wrong time so I waited and waited hours turned into days!! The spreads are still that high to this day!! There are hidden rules, please read. when you place trades: let’s say you placed 4 trades right, two are in profit you can not take the profits until you close out the losses first!!!! This was huge to realize… the leverage is so tight at 1:50 even wouldn’t let me place more then (4) 0.01 micro lots on a medium sized capital account not like I was trading a hundred dollars! Also I am currently trying to get my money back into my account I was told it’ll be 7 days for the withdrawal due to regulations on ACH! My thing is you took the money in seconds but you can’t let me withdraw until 7 days! If your a beginner please hear me please I know this may be common knowledge to most experienced traders but you will not be able to place buy and sell at the same time with this broker, so if you place a trade and try to offset the loss with placing another trade going in the opposite direction you will not be able to. One position eithier all buy or all sell. One more and final thing. I am experienced I’m no novice as this is my job. If you place a trade that you know is 100 percent going to work for the most part they will take at least 40 min to do the right thing and put you in profit and once your in profit it’s only a blink of the eye and it’s gone! Or they will sniff your position and build the tiniest tiniest tiniest candle just so you will get the smallest profit. this has happened almost every time I placed a bid! I am being honest this has been a not so good experience and I’m hoping to get my withdrawal which is my money! BTW I’m looking at the spreads now they are all 50 and higher!
  7 Mar 2022  
No stop loss allowed. No customer service.

  5 Mar 2022  
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Beware, do not use this joker of a broker. Incompetent and untrustworthy. It takes too long for deposits and withdrawals. Insanely high spreads and no rollover interests. They are constantly withdrawing money from your account that is way higher than other brokers. They close your account if you start making money. You have been warned.
  3 Mar 2022  
Stay away from them, manipulatiing in executing orders, they will try to push you to deposit as much as possible to get the perfect leverage, don't deposit much because I took my money after enforcing them through FINRA & CFTC, customer services disconnect call when it comes to withdrawal or chatting would take forever, they will avoid returning your money back as much as possible, very dirty business and management. stay away from them, sorry there is no better words to explain the dark experience with them. Stay away and be very careful approaching them. When you try to withdraw your money they will keep change the last digits of your bank account or any bank account you add for deposit, they will do anything to keep delaying your withdrawal, it took me more than a month and they will show you wrong number of your bank account, they manipulate your bank account intentionally to keep delaying. Totally horrible experience and people, be very careful.
  20 Jan 2022  
Take a look at 12/21/2021 between 5pm and 6:30pm. It was no chance for customers to close or open positions during this time due to high volume. Forex.com is a complete garbage service with useless customer service, worst connection to server and execution of orders. Every time volume start to come in - they block all trading and you have to wait until it ends. And customer service just saying - sorry, it's a part of the risk. Really? -Sorry? Forex.com never skip a commission charge, but when it's time to close profitable position they just cut off connection and apologize. Who need your apology, give me my 100 pips I earned! Stay away from this circus at all cost! It's 2021, excuse like - market closing volume is too high for the servers have no right to be in this conversation and be used by customer service. Who literally don't care and simply silent when you ask them questions in person.
  21 Dec 2021  
I don't normally leave bad reviews but this broker forced my hand, I had withdrawal problems and was patient with them for as long as I could hoping they would rectify it, but they did nothing.
  19 Nov 2021  
They robbed me about $100. My account was blocked and they told me they will return the money to its origional source it was transferred from because I could not access my account. Then I was scammed about $100. Bunch of scammers these ones. And they did not tell me about any additional charges for withdrawal.
  24 Aug 2021  
Instead of investing in this company, buy lottery tickets. I rate them at 1 star.
  26 Jul 2021  
All FOREX.com Reviews

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