FXBrokerTrust
FOREX.com

FOREX.com

Compliant
Company Name
FOREX.com
Headquarters
United States
Founded
Founded in 1999
  • FCA
  • ASIC
  • NFA
  • SFC
  • MAS
  • CySEC
  • FSCA
  • CMA
  • CBUAE
Overall Score
9.1/10
Min Deposit
$100
Max Leverage
1:400
EUR/USD Spread
0.8 pips
Trading Platforms
MT4, MT5, FOREX.com Web Platform, NinjaTrader
Withdrawal Speed
1-3 business days

Overview

FOREX.com is a subsidiary of StoneX Group Inc. (NASDAQ: SNEX), one of the largest forex brokers in the United States. Founded in 1999, FOREX.com provides access to forex, indices, commodities, and shares trading with NFA, FCA, and ASIC regulation.

Basic Information

Company Name
FOREX.com
Founded
Headquarters
United States
Official Website
https://www.forex.com
Instruments
Forex, CFD, Shares, Indices, Commodities, Cryptocurrencies
Account Types
Standard, Commission, STP Pro, DMA

Regulation

Regulatory licenses and compliance status of this broker

  • FCAVerified

    FCA · License Number FRN 432004

  • ASICVerified

    ASIC · License Number AFSL 345646

  • NFAVerified

    NFA · License Number NFA ID 0339826

  • SFCVerified

    SFC · License Number BKG181

  • MASVerified

    MAS · License Number CMS100762

  • CySECVerified

    CySEC · License Number CySEC 392/20

  • FSCAVerified

    FSCA · License Number FSP 46813

  • CMAVerified

    CMA · License Number CMA/PL/169/2021

  • CBUAEVerified

    CBUAE · License Number 20200000028

Trading Conditions

Trading Conditions

Min Deposit
$100
Max Leverage
1:400
EUR/USD Spread
0.8 pips
Trading Platforms
MT4, MT5, FOREX.com Web Platform, NinjaTrader
Account Types
Standard, Commission, STP Pro, DMA

Deposits & Withdrawals

Deposit Methods

  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
Deposit Speed—
Deposit FeeFree

Withdrawal Methods

  • Bank Transfer
  • Credit/Debit Card
Withdrawal Speed1-3 business days
Withdrawal FeeFree

Scoring Details

Regulatory QualificationWeight 30%
9.2
Trading EnvironmentWeight 20%
8.8
Fund SafetyWeight 15%
9.3
User ReputationWeight 15%
9.1
Platform FeaturesWeight 10%
9.0
Customer ServiceWeight 10%
8.5

Pros & Cons

Pros

  • NFA regulated in the US
  • Backed by StoneX Group (NASDAQ: SNEX)
  • Four account types for different styles
  • MT4, MT5, NinjaTrader support
  • Up to 1:400 leverage available
  • 80+ forex pairs
  • Commission-free trading option
  • Strong regulatory framework

Cons

  • Limited cryptocurrency offering
  • US clients have restricted leverage
  • Higher minimum deposit than some competitors
  • Inactivity fee may apply