Forex.com Review 2026

Item: FOREX.com
Rating: 6.88
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 01, 2026
4 in the rating

Min. deposit $100
Fees 7 /10
Account types 6.8 /10
Regulation 10 /10

6.9 /10

Moderate risk

FOREX.com User Reviews 6.4
Commissions and Fees 7.0
Regulation and Safety 10.0
Account Types 6.8
Deposit and Withdrawal 6.5
Markets and Tradable Assets 10.0
Trading Account Opening 9.0
Trading platforms & tools 10.0
Mobile Apps 8.0
Customer Support 5.7

FOREX.com Pros & Cons

Average order execution speed is 0.04 ms
Reliability is supported by oversight from multiple regulators, with client funds held in segregated accounts
Attractive trading conditions include tight spreads on over 80 currency and metal pairs

High fixed commission for fund withdrawals
Initial deposit starts at $1,000, which may be restrictive
Few deposit and withdrawal methods, and actual terms often differ from those advertised
Customer support can be difficult to reach due to high demand

TU Expert Verdict

FOREX.com demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

FOREX.com User Reviews

Score:

6.4 /10

104 total

5-star

7%
4-star

22%
3-star

60%
2-star

9%
1-star

3%

Among the downsides are fixed withdrawal fees and weak customer support during peak hours. However, the technical side of the platform is stable. Forex.com is better suited for experienced traders interested in long-term strategies and a wide range of instruments rather than beginners with a small starting capital.

I like that Forex.com is regulated in several major jurisdictions: FCA (UK), ASIC (Australia), CFTC/NFA (USA), MiFID/CySEC, and others. This gives confidence that the broker adheres to safety and protection standards. I trade with a $1,000 deposit, using forex, indices, and metals, with a turnover of $50,000 over a few days, earning a profit of +$600. Although deposits and withdrawals can sometimes take time, the reliability and regulation of Forex.com make it stand out among many brokers.

I started with Forex.com because I saw that the minimum deposit is $100 for Standard and Commission accounts. I opened a Standard account, traded EUR/USD and GBP/USD, and in a couple of days, with a turnover of about $20,000, earned roughly +$200. Spreads on EUR/USD are sometimes around 1.0–1.2 pips on the Standard account — not super tight, but reasonable. I liked that there are no commissions on Standard accounts. Forex.com is a good choice for those who don’t require ultra-low spreads but value stability and transparency.

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Commissions and Fees

Score:

7 /10

The trading and non-trading commissions of FOREX.com have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and Venom by Cobra Trading, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No deposit fee
No withdrawal fee

Inactivity fee applies

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of FOREX.com with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, FOREX.com’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

FOREX.com Standard spreads
	FOREX.com	OANDA	Venom by Cobra Trading
EUR/USD min, pips	0.7	0.1	0.25
EUR/USD max, pips	1.2	0.5	0.5
GPB/USD min, pips	0.9	0.1	0.25
GPB/USD max, pips	1.4	0.5	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

FOREX.com RAW/ECN spreads
	FOREX.com	OANDA	Venom by Cobra Trading
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	5	3.5	1.5
EUR/USD avg spread	0.2	0.15	0.1
GBP/USD avg spread	0.4	0.2	0.1

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with FOREX.com. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

FOREX.com Non-Trading Fees
	FOREX.com	OANDA	Venom by Cobra Trading
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15	0-100
Inactivity fee ($, per month)	15	0	0

Is FOREX.com Safe?

Score:

10 /10

FOREX.com has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Tier-1 regulated
Negative balance protection
Regulated in the UK
Track record over 27 years

Strict requirements and extensive documentation to open an account

FOREX.com Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FCA UK	Full Name Financial Conduct Authority	Country of regulation United Kingdom	Investor Protection Fund Up to £85,000	Regulation Level Tier-1
ASIC	Full Name Australian Securities and Investments Commission	Country of regulation Australia	Investor Protection Fund No specific fund but has stringent consumer protection	Regulation Level Tier-1
NFA	Full Name National Futures Association	Country of regulation United States	Investor Protection Fund No specific fund	Regulation Level Tier-1
JFSA	Full Name Japan Financial Services Agency	Country of regulation Japan	Investor Protection Fund No specific fund	Regulation Level Tier-1
CFTC	Full Name Commodity Futures Trading Commission	Country of regulation United States	Investor Protection Fund No specific fund	Regulation Level Tier-1
CIRO	Full Name Investment Industry Regulatory Organization of Canada	Country of regulation Canada	Investor Protection Fund CAD 1,000,000	Regulation Level Tier-1
Abbreviation CIMA	Full Name Cayman Islands Monetary Authority	Country of regulation Cayman Islands	Investor Protection Fund No specific fund	Regulation Level Tier-3

FOREX.com Security Factors
Foundation date	1999
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

6.8 /10

FOREX.com offers the following account options: Demo, Standard, ECN/Raw spread, Micro, Swap Free, VIP.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Tight spread ECN account
Demo account
Exclusive VIP account with enhanced trading conditions

No Cent account

FOREX.com account types vs top competitors
	FOREX.com	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	Yes	No	No
Swap Free	Yes	No	Yes
VIP	Yes	No	No
Managed	No	No	No

FOREX.com accounts trading conditions

Forex.com offers its clients three real accounts and a demo account. The minimum deposit is $1,000. Real accounts differ from each other in the set of trading instruments and the type of commission (spreads, fixed or combined option).

Account Type	Description
Standard	The deposit starts from $1,000. More than 80 currency pairs are available to the trader, as well as gold and silver, indices (more than 15 options), and commodities (more than 12 options). Cryptocurrencies are available. The average spread is 0.2 pips;
Commission	The same trading instruments are available as on the standard account type. The minimum deposit is 1,000 USD. However, there is a lower spread here: it starts at 0.2 pips. In this case, the broker additionally charges a commission for access to trade;
Direct Market Access (DMA)	The minimum deposit on this trading account is $25,000. The trader has 58 currency pairs available, as well as gold and silver. There are no spreads on this type of trading account. However, there is a commission.

Before opening your main account, you can learn about the capabilities of the brokerage company and the functionality of the terminals on a demo account.

Is Forex.com Legit? Is it Safe or Scam?

Deposit and Withdrawal

Score:

6.5 /10

FOREX.com received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

FOREX.com provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Minimum deposit below industry average
Low minimum withdrawal requirement
No withdrawal fee
No deposit fee

Limited deposit and withdrawal flexibility, leading to higher costs
PayPal not supported
Wise not supported

What are FOREX.com deposit and withdrawal options?

FOREX.com provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC.

FOREX.com Deposit and Withdrawal Methods vs Competitors
	FOREX.com	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	No	No

What are FOREX.com base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FOREX.com supports the following base account currencies: USD, EUR, GBP.

What are FOREX.com's minimum deposit and withdrawal amounts?

The minimum deposit on FOREX.com is $100, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FOREX.com’s support team.

Markets and Tradable Assets

Score:

10 /10

FOREX.com offers a wider selection of trading assets than the market average, with over 5500 tradable assets available, including 80 currency pairs.

Copy trading platform
5500 assets for trading
80 supported currency pairs

Regional restrictions are possible

Supported markets vs top competitors

We have compared the range of assets and markets supported by FOREX.com with its competitors, making it easier for you to find the perfect fit.

	FOREX.com	Trading.com	Plus500
Currency pairs	80	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	5500	69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	Yes
Options	Yes	No	Yes

Investment options

We also explored the trading assets and products FOREX.com offers for beginner traders and investors who prefer not to engage in active trading.

	FOREX.com	Trading.com	Plus500
Bonds	Yes	No	No
ETFs	Yes	No	Yes
Copy trading	Yes	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with FOREX.com in 30 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FOREX.com is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Low minimum deposit requirement
Quick KYC verification (1 business day or less)

Registration process may take longer than expected

FOREX.com account opening
	FOREX.com	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	30	20	5
KYC time (days)	1	2	3

Is FOREX.com available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start making money with Forex.com and save on spreads with the help of Traders Union, you need to:

Register on the Traders Union website and follow the referral link to the broker's website. On the main page, click the "Open an account" button.
Select the type of account you are interested in and click the "Open account" button under it.
In the blank that opens up, enter the country, gender, last name and first name, e-mail address and phone number, date of birth, username, and password. Click on the "Save and Continue" button.
Provide documents requested for verification. After completing all stages of registration, you can enter your Personal Cabinet, replenish your account and start trading.
The following functions are available in the Forex.com Personal Cabinet:
- Trade statistics..
- Account management..
- Market analysis tools..
- Contact support..

There are also many other useful functions and features:

opening a real account from a demo account;
access to the trader Community;
archiving trade statistics.

Trading platforms & tools

Score:

10 /10

FOREX.com received a score of 10/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.

MetaTrader is available
Free VPS for uninterrupted trading
Proprietary platform with unique features
API access for automated trading

No access to cTrader and its advanced tools.

Supported trading platforms

FOREX.com supports the following trading platforms: MT4, MT5, TradingView, Proprietary platform, WebTrader. This selection covers the basic needs of most retail traders. We also compared FOREX.com’s platform availability with that of top competitors to assess its relative market position.

	FOREX.com	Trading.com	Plus500
MT4	Yes	No	No
MT5	Yes	Yes	No
cTrader	No	No	No
TradingView	Yes	Yes	Yes
Proprietary platform	Yes	Yes	Yes
NinjaTrader	No	No	No
WebTrader	Yes	Yes	Yes

Key FOREX.com’s trading platform features

We also evaluated whether FOREX.com offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	Yes
Alerts	Yes
Trading bots (EAs)	Yes
One-click trading	Yes
Scalping	Yes
Supported indicators	100
Tradable assets	5500

Additional trading tools

FOREX.com offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

FOREX.com trading tools vs competitors
	FOREX.com	Trading.com	Plus500
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	No	Yes	No
API	Yes	No	No
Free VPS	Yes	No	No
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	Yes	No	No
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	Yes	No	No

Mobile Apps

Score:

8 /10

FOREX.com supports mobile trading, offering dedicated apps for both iOS and Android. FOREX.com received a score of 8/10 in this section, indicating a generally acceptable mobile trading experience.

Supports mobile 2FA
Solid iOS user feedback, with a rating of 4.5/5
Indicators supported

Limited features vs desktop

We compared FOREX.com with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	FOREX.com	Trading.com	Plus500
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	100,000	50,000	10,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	4.5	4.8	4.7
Google Play score	3.9	4.7	4.4
Mob. 2FA	Yes	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

5.7 /10

Customer support at FOREX.com is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. FOREX.com provides basic support functionality but does not stand out in overall service performance.

Information

The broker's support service is ready to help clients around the clock, except weekends.

Works around the clock

No multilingual support
Works 24/5

There are several ways to contact support:

directly by phone numbers, as indicated on the website;
by email;
using the feedback form.

Contacts
Foundation date	1999
Registration address	Cayman Corporate Centre, 27 Hospital Road, George Town, Grand Cayman KY1-9008, Cayman Islands
Regulation	CIMA, FCA, FSA (Japan), NFA, IIROC, ASIC, CFTC
Official site	forex.com

Best FOREX.com Alternatives

title="Trading.com USA" Trading.com USA

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

title="Plus500" Plus500

Plus500

8.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

title="OANDA" OANDA

OANDA

7 /10

Regulation Tier-1

EUR/USD 0.1 pips

title="Venom by Cobra Trading" Venom by Cobra Trading

Venom by Cobra Trading

6.9 /10

Regulation Tier-1

EUR/USD 0.25 pips

title="IG Markets" IG Markets

IG Markets

6.9 /10

Regulation Tier-1

EUR/USD 0.6 pips

FOREX.com Video Guides

FAQs

How is FOREX.com regulated and what safety features does it offer to traders?

FOREX.com has a safety score of 10/10 and is regulated by several Tier-1 authorities, including the FCA (UK), ASIC (Australia), NFA and CFTC (United States), JFSA (Japan), and CIRO (Canada), as well as Tier-3 regulation from CIMA in the Cayman Islands. The broker was founded in 1999, applies mandatory KYC verification, and provides negative balance protection, with investor compensation schemes such as up to £85,000 under the UK FCA and up to CAD 1,000,000 under CIRO where applicable.

What commissions and fees should traders expect with FOREX.com?

FOREX.com has a fees score of 7/10, with low forex trading fees, tight EUR/USD spreads on Standard accounts (typically 0.7–1.2 pips) and a RAW/ECN account commission of $5 per lot with average EUR/USD spreads around 0.2 pips. Non-trading fees include no deposit or withdrawal fees, but there is an inactivity fee of $15 per month.

What do user reviews and feedback indicate about FOREX.com’s overall satisfaction level?

FOREX.com has a user satisfaction score of 6.4/10 based on 104 reviews, with most ratings clustered in the 3-star range and smaller portions of 4- and 5-star scores. According to user reviews, overall sentiment is mixed rather than strongly positive or negative.

How do traders describe the FOREX.com account opening process in their feedback?

The account opening process at FOREX.com is fully online, with registration taking about 30 minutes and KYC verification typically completed within 1 business day, and the minimum deposit is $100. The review notes that onboarding is described as accessible and relatively hassle-free, although in some cases registration may take longer than expected.

What customer support options are available and how are they described in reviews and comments?

Customer support operates around the clock on weekdays (24/5) and can be reached by phone, email, or a feedback form, but there is no multilingual support mentioned. Reviews and comments in the section indicate that response times and service quality can vary, with some requests resolved efficiently and others requiring follow-ups.