Forex.com Review 2024 (Expert Review)

Forex.com Review Summary

Forex.com is one that offers a full range of services to traders of all levels. These services focus on fast and reliable execution, rebates for advanced traders, and access to a wide variety of financial instruments. Forex.com has a variety of trading tools for both novice and experienced traders. It has a web-based trading application designed for speculative traders. It offers free market research and educational resources as well as expert advisors, 24/7 customer support, and trading apps for all major mobile operating systems. The platform is compatible with all major PCs, Macs, and browsers.

Forex.com review
Forex.com Platform Features

Forex.com main features and highlights

🗺️ Country of regulation	Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
💰 Trading fees	No
💰 Inactivity fee	Yes
💰 Withdrawal fee	No
💰 Minimum deposit	100
🕖 Time to open a Forex.com account	1-3. *A Forex.com demo account can be opened in a few minutes, but live Forex.com trading account creation times will vary depending on how long it takes to process your Forex.com KYC documents.
💳 Wire Transfer	Yes
👛 Depositing with electronic wallet	Yes
💱 Number of base currencies supported	6
🎮 Demo account provided	Yes
🛍️ Financial Instruments offered	Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Agriculturals, ETFs, IPO,

Forex.com review
Forex.com Financial Regulation

Forex.com is regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) .

Forex.com review
Forex.com Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Forex.com include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Forex.com can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

Forex.com review
Forex.com Advantages

One of the main advantages of using Forex.com is around the clock service and support as well as research offerings. Not only this, but Forex.com has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Forex.com with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Forex.com makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Forex.com offers stock quotes and trade information, making it easy for users to view how their investments are doing.

• Forex.com has been in business over 10 years.
• Forex.com offers Stock Trading.
• Forex.com offers Cryptocurrency Trading (Availability subject to regulation).
• Forex.com offers PayPal as a payment method.
• Forex.comoffers Islamic Accounts.
• Forex.com offers ECN trading.
• Forex.com offers Bitcoin Trading.
• Forex.com offers Hedging.
• Forex.com offers Scalping.

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Forex.com Disadvantages

Although Forex.com has a lot of good points Forex.com does not offer the below.

• Forex.com does not offer Neteller as a payment method (See Forex.com alternatives who Neteller as a payment method here)
• Forex.com does not offer Skrill as a payment method (See Forex.com alternatives who offer Skrill as a payment method here)
• Forex.com does not offer the MetaTrader 4 platform (See Forex.com alternatives who offer the MetaTrader 4 platform here)
• Forex.com does not offer the MetaTrader 5 platform (See Forex.com alternatives who offer the MetaTrader 5 platform here)
• Forex.com does not offer the cTrader platform (See Forex.com alternatives who offer the cTrader platform here)
• Forex.com does not offer a Apple Mac desktop trading platform (See Forex.com alternatives who offer an Apple Mac desktop trading platform here)
• Forex.com does not offer Spread Betting (See Forex.com alternatives who offer Spread Betting here)

Risk Warning: 74% of retail investor accounts lose money when trading CFDs with this provider.

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Things to understand when trading with Forex.com

Trading with Forex.com involves risk. You should only risk capital with Forex.com that you can afford to lose. Understand your risk tolerance with Forex.com, and have a trading strategy that Forex.com is able to help you execute. Forex.com is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Forex.com give you access too.

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Forex.com Trading Fees

Trading fees on Forex.com are taken in the form of the spreads Forex.com offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Forex.com. Forex.com fees vary depending on the financial instruments traded and can include, Forex.com overnight funding fees, spreads, margins and Forex.com inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Forex.com account charged by your 3rd party payment provider if your Forex.com base currency is different from your Forex.com withdrawal method.

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Forex.com Financial Instrument Fees

Forex.com fees for Forex, Minors, Majors, Exotics, Indices, Energies, Metals, Agriculturals, ETFs, IPO, are listed below.

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Forex.com Stock Trading Fees

The majority of Forex.com trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Forex.com stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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Forex.com Forex Fees

Commission on Forex.com Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Forex.com Forex fees is based on their trade size. To calculate Forex.com Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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Forex.com Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Forex.com cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Forex.com cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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Forex.com Non Trading Fees

Forex.com non-trading fees include a variety of Forex.com brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the Forex.com trading platform. The most common non-trading fees include Forex.com withdrawal fees, Forex.com deposit fees and Forex.com inactivity fees.

Forex.com review
Forex.com Deposit Fees

Forex.com does not charge deposit fees. Some brokers charge a deposit fee for some payment methods, Forex.com does not do this.

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Forex.com Inactivity Fees

Forex.com does charge clients an inactivity fees for dormant Forex.com trading accounts. A Forex.com inactivity fee is a sum charged on Forex.com brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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Forex.com Withdrawal Fees

Forex.com does not charge withdrawal fees. Withdrawals fees vary between Forex.com and Forex.com alternatives depending on where you are located and how much money you are withdrawing.

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Forex.com Account Fees

Forex.com does not charge account fees. Account fees charged differ between Forex.com and other brokers. An account is a fee that Forex.com and other brokers assesses on all accounts for the ability to keep an account on their platform.

Forex.com review
Forex.com Account Opening

The Forex.com account registration process is simple, user-friendly, and quick. Within 1-3 most Forex.com trading accounts are ready for live trades. Our Forex.com account was validated in 1 day, but live Forex.com trading account verification times will vary depending on the time it takes to process your KYC documents and Forex.com trading account application. A Forex.com demo account can be opened in a few minutes.

Forex.com trading accounts are available in over 194 countries. Forex.com is restricted in the following countries.

Apart from the restricted countries a Forex.com trading account can be opened globally.

The Forex.com trading platform is available for residents in US. Some financial instruments Forex.com offer may be restricted in your country.

• Fast Forex.com account opening.
• Forex.com accounts can be opened and KYC can be verified digitally.
• Forex.com minimum deposit is 100 USD / GBP / EURO.
• Forex.com trading account verification may be held up for longer than a day if there is an issue with verifying your account.

Forex.com review
Forex.com Deposit And Withdrawal

Forex.com Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR are supported by Forex.com as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Forex.com offers the following account USD, GBP, EUR.

When trading make sure your Forex.com trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Forex.com has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

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Forex.com Deposit Fees and Deposit Methods

Investors can log in to their Forex.com trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Forex.com trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Forex.com Deposit Fees

Making a deposit on your Forex.com account is free.

Forex.com Deposit Methods

There are several methods through which you can deposit money into your Forex.com account. One can use a credit or debit card and Forex.com accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Forex.com account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Forex.com account. Funding methods for Forex.com include Bank Transfer, Credit cards, Debit cards, Electronic wallets (eWallets), PayPal, Cheques or Checks, eChecks, Union Pay,.

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Forex.com Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Forex.com brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Forex.com positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Forex.com account.

Forex.com Fees When Withdrawing Your Account Balance

Forex.com do not charge withdrawal fees. Some withdrawal fees are out of the control of Forex.com and may be due to 3rd party payment providers and your account base currency.

Forex.com Withdrawal Methods

Log into your Forex.com trading account, which is connected to your bank account. Go to the section that says “funds” or “accounts” and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Forex.com account to your bank account. To withdraw money from your Forex.com account you can use credit or debit cards. Forex.com processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Forex.com processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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Forex.com Trading Platforms

As there are a number of tradable financial instruments available on the Forex.com trading platform. Before investing in the Forex.com platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Forex.com platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. Forex.com offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on Forex.com is available. Another thing to consider is your financial goals. Make sure that a Forex.com account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Forex.com account. Ensure that Forex.com allows you to focus on the type of trading that you want to focus on.

Make sure Forex.com is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Forex.com, think about how easy it is to use for your personal needs. Does the Forex.com platform offer real-time updates or delayed updates that are more informed? Remember to check if Forex.com is well regulated, and what tradeable financial instruments Forex.com has. Security is very important when it comes to trading with Forex.com.

Forex.com Web Trading Platform

A Forex.com web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Forex.com which acts as a financial intermediary. Forex.com is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Forex.com mobile trading platform.

Forex.com Apple IOS Trading Platform

A Forex.com iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Forex.com Google Play Android Trading Platform

A Forex.com Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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Forex.com Mobile Trading User Experience

Forex.com mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Forex.com mobile trading refers to trading using a mobile phone.

Leading brokerages like Forex.com offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Forex.com portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Forex.com. Once you have download the Forex.com trading app, you are ready to begin.

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Forex.com Desktop Computer Trading Platform

A Forex.com computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Forex.com desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Forex.com desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Forex.com MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

Forex.com MetaTrader 5

MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis. There are many benefits at MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional grade features.

Forex.com PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Forex.com. A trading computer with access to a Forex.com PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Forex.com Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Forex.com trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Forex.com trading platform is very user friendly on a Mac device.

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Forex.com Trading Look And Feel

The Forex.com user interface (UI) is what Forex.com traders will see and interact with first when trading with the Forex.com trading platform. The Forex.com is well designed. The goal of the Forex.com trading UI is to make the Forex.com user's experience intuitive. The Forex.com application has good user experience and a good level of customer satisfaction.

Forex.com Security

Forex.com is a secure trading platform. Forex.com offers traders security via 2 factor authentication, SSL encription when trading with Forex.com. Forex.com trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Forex.com. Rate limitation on Forex.com suspicious account activities is another layer of protection that is provided for Forex.com trading accounts, for example multiple failed login attempts with Forex.com. You have the option to further safeguard your account by using Forex.com Two-Factor Authentication (2FA), which provides an extra layer of security.

The Forex.com trading infrastructure is constantly watched and guarded by a trained team at Forex.com In addition, Forex.com never send sensitive information without first encrypting on the Forex.com trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On Forex.com

Available Forex.com order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Forex.com Market Order

A Forex.com market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Forex.com market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Forex.com market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Forex.com Limit Order

A Forex.com limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Forex.com Stop Order

A Forex.com stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Forex.com Stop Limit Order

A Forex.com stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Forex.com stop-limit order triggers a limit order when a stock price hits the stop level. A Forex.com stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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Forex.com Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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Forex.com Trading Platform Features

Online trading platforms like Forex.com are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Forex.com. The Forex.com trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Forex.com.

Forex.com Margin Trading

Forex.com margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Forex.com margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

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Forex.com Account Types

Forex.com Demo Account

Forex.com offers demo accounts that gives traders the ability to purchase and sell Forex.com financial instruments in a practice environment, using fake Forex.com digital money and live market conditions and data. When you practise on a Forex.com demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Forex.com platform. Forex.com demo accounts allow you to experience and practice a variety of market charts, Forex.com trading indicators, and trading strategies using Forex.com.

Forex.com Standard Account

Forex.com offers a standard trading account, allowing Forex.com traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Forex.com trading platform.

Forex.com STP Account

Forex.com STP (Straight Through Processing) account is a Forex.com trading feature that involves sending Forex.com client orders directly to the market without passing them through a dealing desk. A Forex.com STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

Forex.com ECN Account

A Forex.com ECN (Electronic Communications Network) account is a pure order-matching execution system, where Forex.com, as a provider, charges a commission per Forex.com trade instead of inflating the spread, occurring more naturally within the Forex.com order-matching process. A Forex.com ECN is a financial intermediary that uses electronic communications networks to give Forex.com clients direct access to other participants in equity and currency markets. As an ECN broker, Forex.com only matches Forex.com trades between other market participants; it cannot trade against the Forex.com client.

Forex.com DMA Accounts

Forex.com Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the Forex.com financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, Forex.com might use direct market access to place trades themselves. Forex.com DMA accounts make individual contracts with each liquidity provider.

Forex.com Islamic Accounts

Forex.com islamic accounts respect Islamic finance law. Forex.com swap free accounts do not accumilate interest and Forex.com transactions are actioned immediately. A Forex.com Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using Forex.com following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with Forex.com Islamic accounts do not pay or receive interest rates.

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Forex.com Tradable Financial Instruments

Forex.com tradable financial instruments are the financial instruments that are specifically available to trade on the Forex.com trading platform. This refers to the different types of financial markets you can trade with through Forex.com. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Forex.com.

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Forex.com Trading Stocks

Stock trading with Forex.com is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Forex.com; if you possess the stock on Forex.com, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Forex.com involves purchasing and selling stocks and share using Forex.com periodically in order to time trades against the stock markets, with the aim of using Forex.com to profit from your stock trading. Forex.com stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Forex.com. Stock traders on Forex.com conduct significant study, frequently dedicating several hours every day to market monitoring using Forex.com trading tools.

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Forex.com Trading ETFs

What Are ETFs

Forex.com does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Forex.com does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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Forex.com Trading Cryptocurrencies

Forex.com offers cryptocurrency trading.

Cryptocurrency trading can be conducted using Forex.com to buy and sell the cryptocurrency financial instruments on Forex.com. Cryptocurrency trading can also be done using a cryptocurency CFD Forex.com trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using Forex.com. A CFD is a high risk leveraged trade between the trader and the Forex.com brokerage. No underlying assets are exchanged with a Forex.com CFD contract, it is purely speculation on the crypto financial instruments price movements with Forex.com. Forex.com CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if Forex.com CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.

The volatility of cryptocurrencies is the biggest source of risk when trading them with Forex.com. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with Forex.com.

Cryptocurrency trading is not offered by Forex.com, so you will need to find a Forex.com alternative that allows you to buy and sell the underlying cryptocurrency assets. Forex.com CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Forex.com alternative and make sure you undertand the risks fully before trading.

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Forex.com Forex Trading

Forex trading with Forex.com is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Forex.com. The main aim of Forex.com Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Forex.com. As a Forex.com Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Forex.com. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Forex.com. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Forex.com.

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Forex.com Commodities Trading

Commodity trading is a type of trading available on Forex.com where individuals or businesses buy and sell financial instruments using Forex.com related to commodities, such as metals or oil.

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Forex.com Options Trading

Forex.com options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Forex.com option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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Forex.com Futures Trading

Futures trading with Forex.com is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Forex.com to facilitate the trade. A Forex.com futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Forex.com. Typically, futures contracts are traded on an exchange such as Forex.com; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Forex.com trader to the contract agrees to provide it.

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Forex.com Bonds Trading

Bonds trading on Forex.com is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Forex.com trader. Bonds can be bought and sold on Forex.com after they are issued. While some bonds are traded publicly through Forex.com, most trade over-the-counter between large broker-dealers like Forex.com acting on their clients' or their own behalf. Yield is therefore based on the Forex.com purchase price of the bond as well as the coupon.

Forex.com CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

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Forex.com Trading Research Tools

Taking advantage of Forex.com trading research tools which are designed to help traders analyse potential investments using the Forex.com trading platform. Some Forex.com research tools include charts, technical analysis, and Forex.com trading indicators.

Forex.com Trading News

Traders can follow the markets and make wise investment decisions on Forex.com by using the news to help form a strategy when it comes to choosing investments. A Forex.com news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Forex.com Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Forex.com economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Forex.com Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Forex.com fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Forex.com Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Forex.com are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Forex.com portfolios

Trading portfolios are useful when trading with Forex.com.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Forex.com trading portfolio is a traders collection of investments, which may include a variety of Forex.com financial instruments.

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Forex.com Payment Methods

A Forex.com payment method is required to fund your Forex.com trading account before placing a buy or sell order on a financial instrument.

When trading with Forex.com, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Forex.com do not have any control over.

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Forex.com Withdrawl Methods

When trading with Forex.com at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Forex.com account balance. Forex.com may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Forex.com account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Forex.com Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Forex.com account.

Withdrawal requests can take up to three business days to be processed by Forex.com.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Forex.com should arrive in less than 24 hours.

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Forex.com Customer Support

Customer support represents the resources within the Forex.com company that provides technical assistance to its customers after they use the Forex.com service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Forex.com offer email, livechat, phone, customer support.

Forex.com Email Support

Forex.com offers email support.

Email support is a a convenient method of Forex.com customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Forex.com regarding your support request.

Forex.com Livechat Support

Forex.com offers livechat support.

Forex.com live chat support is a way for customers to obtain help from Forex.com through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Forex.com Telephone Support

Forex.com offers telephone support.

Forex.com telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Forex.com call centre to give or take information.

Forex.com Average Support Response times

Contact Method	Average Response Time
Forex.com Live Chat	4 minutes
Forex.com Email	6 hours
Forex.com Phone	5 minutes

We tested the customer service response times of Forex.com on Monday, November 11, 2024.

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Forex.com Educational Resources

Forex.com educational resources are used throughout the Forex.com learning environment to help and assist with customer's development and learning of trading on Forex.com. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Forex.com trading tools. Educational resources like some of the resources available with Forex.com are a good as part of a wider set of educational guides and information from else where online.

Some of the Forex.com trading guides and information that we found useful included trading strategies videos, platform tutorials, market news, expert webinars.

Forex.com Trading Platform Tutorials

Forex.com offer a range of learning resources and tutorials and guides made available to registered Forex.com users. The Forex.com guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Forex.com users on basic trading principles.

Forex.com Trading Videos

Forex.com offer a selection of online trading videos.

Trading videos on Forex.com help new and even more experienced investors gain insights into Forex.com technical analysis tools and how the different financial markets work when trading on Forex.com.

Forex.com trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Forex.com training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Forex.com to trade live financial markets.

Forex.com Webinars

Forex.com offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Forex.com clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Forex.com trading platform.

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Forex.com Financial Regulation When Trading

Financial regulations on Forex.com protect consumers' investments. Regulations prevent financial fraud and limit the risks that Forex.com as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Forex.com financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Forex.com Regulated?

Forex.com is regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) .

Forex.com is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Forex.com are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Forex.com investors, directly with financial regulators in your country.

Forex.com Regulatory Protection Limits

When registering with Forex.com you must check with regulatory body your Forex.com trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Forex.com account is over seen by. Forex.com client funds are stored in segregated 3rd party bank account in accordance with Forex.com financial regulators.

Client country	Investor protection amount	Regulator
United Kingdom	£85,000	Financial Conduct Authority (FCA)
EU Investor Compensation Scheme	max €50,000	Directive of The European Parliament and European Commission
Other countries	90% of your funds, max €20,000	Bulgarian Financial Supervision Commission (FSC)

Forex.com Trading Signals

Forex.com does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Forex.com make money?

Because Forex.com acts as an intermediary, Forex.com gets compensated on buy and sell transactions of financial instruments. As a result, Forex.com profit is determined by the volume and number of transactions. Forex.com earns revenue to fund their Forex.com platforms and wide range of trading services through market spreads.

Can you buy shares on Forex.com?

Forex.com provides customers with real company shares. Traders can choose from thousands of stock CFDs in addition to shares. You can see the complete list of stocks here. Forex.com offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and Forex.com on the speculative up or down price movement on an agreed stocks price movement.

Does Forex.com offer Cryptocurrency?

Forex.com does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.

Forex.com Lower fees, lower costs?

Forex.com have reasonable trading fees and costs. Forex.com may charge a deposit fee. Forex.com may charge a withdrawal fee. Some withdrawal fees are out of the control of Forex.com and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Forex.com minimum deposit is 100 USD / GBP / EUR.

How to start your Forex.com account?

You can sign up for a live or demo Forex.com trading account by visiting Forex.com and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Forex.com account here.

How's the Forex.com trading app?

Forex.com allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Forex.com trading app here. 74% of retail investor accounts lose money when trading CFDs with this provider

Is the quality of Forex.com customer service satisfactory?

Forex.com have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

Forex.com is a good trading platform for new traders as Forex.com offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Forex.com?

Forex.com offer a good selection of withdrawal options. Once Forex.com have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

Best Forex.com Alternatives Reviews

If Forex.com isnt quite what you are looking for you can check out some of the best Forex.com alternatives below.

• IC Markets Review (read our in depth 2024 review)
• Roboforex Review (read our in depth 2024 review)
• AvaTrade Review (read our in depth 2024 review)

Best Forex.com Alternatives In Detail

If you would like to see Forex.com compared agains some of the best Forex.com alternatives available right now you can do so by clicking on the links below.

• IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
• Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
• AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)

Check out RoboForex – Professional services on Forex market