Forex.com Review

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GENERAL INFORMATION
Broker NameForex.com
Broker TypeForex
CountryUSA
Operating SinceN/A
RegulationCayman Ioslands Monetary Authority under the Securities Investment Business Law of the Cayman Island
Address135 US Hwy 202/206, Bedminster, NJ 07921, USA
Broker StatusRegulated
CS Phone1908 315 0653
CS Emailglobal.support@forex.com
LanguagesEnglish, Chinese
Availability24/7
Trading PlatformsMetaTrader4
WEB TERMINAL
Trading Platform TimezoneGMT+0
Demo AccountYes
Mobile TradingYes
Web based tradingYes
BonusesN/A
Other Trading InstrumentCryptocurrencies
ACCOUNTS
Minimum Depositat least 50 of selected currency but recommended is 2500
Maximal LeverageN/A
Spread Variable N/A
Scalping Allowed N/A

Forex.com Review:

Comments Rating 1.78 (45 reviews)

Forex.com is the trading arm of GAIN Global Markets Inc., which is a publicly traded company with headquarters in the USA. Just like many other forex brokers, Forex.com provides various financial instruments to go along with different platforms.
It provides all the basic knick-knacks one can expect from a legitimate and efficient brokerage. Two things make this company apparently reliable for traders:
• It is under regulations.
• Its parent company trades publicly.

forex.com review

These two things guarantee that these people mean business. Let’s admit it: traders feel safer when brokerages are under regulations.

The fact that its mother company trades on the NYSE is another plus point for Forex.com. A public company takes care of its reputation. Therefore, it’s safe to assume it does its best to make its trading arm excellent. Continue reading about Forex.com Review.

Notable Feature/s: Statistics on Trade Execution

Forex.com is aware that there are thousands of other brokers out there competing in the same market as them. It’s easy to think that it’s just another broker that brags about stuff like accomplishments and excellent service.

The difference is that Forex.com has numbers to back up its claims. Besides, such statistics are helpful to further solidify its advantage over other brokers. Of course, you can’t argue with numbers—facts.

To give a snapshot of these statistics, Forex.com says that:

  1. 99.34% of trades are executed in less than 1 second
  2. 0.06 seconds elapsed between market order receipt and execution
  3. 52.82% of limit orders improved
  4. 100% of limit orders filled “at or better”
  5. 1.06 pips average price improvement each limit order

Also, these numbers are impressive. Almost instant trade executions mean they fill your order at the exact moment you want it. Moreover, when that happens, there’s less chance your actual order execution will deviate too much from your expected execution.
In other words, your trading strategy won’t suffer too much in volatile market conditions. That’s how these Forex.com statistics matter.

What do we think about Forex.com?

However, Forex.com has a lot of bragging rights, which are necessary for it to live up to its name.

Basically, this broker has everything you need: web/mobile platform, reasonable fees and commissions, and the feeling of security for your money. Also, the last one matters because you would never want your money in the hands if suspicious people, would you?

Besides, we’d say if you prefer a broker that you can trust, Forex.com is your bet. Overall, you can trade with them without worrying about your safety as a trader. However, low fees, quick-fire trade execution, and security—this is a recipe for success.

Forex.com
  • Support
    (4.5)
  • Platform
    (4.5)
  • Spreads
    (4.5)
  • Trading instruments
    (4.3)
Overall
4.2

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45 Comments

  1. Giovana Cardoso Lima February 18, 2020
  2. Jewel Bourdette February 11, 2020
  3. Isabelle Burfitt February 10, 2020
  4. Marina Drescher February 7, 2020
  5. Platt Marquis February 5, 2020
  6. Bruno Ferreira Pereira February 4, 2020
  7. Berangaria Sauriol January 31, 2020
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  11. Heike Ostermann January 21, 2020
  12. Luke Banks January 17, 2020
  13. Kerstin Lemann January 15, 2020
  14. Sylvie Thibodeau January 13, 2020
  15. Sven Mahler January 9, 2020
  16. Joshua Aplin December 27, 2019
  17. Kari Lavoie December 23, 2019
  18. Marko Kuster December 19, 2019
  19. Warrane Souplet December 17, 2019
  20. Diana Bürger December 13, 2019
  21. Medoro Neufville December 11, 2019
  22. Mstislav Zakharov December 9, 2019
  23. Tanguy Thibault December 5, 2019
  24. Zinaida Zaitseva December 3, 2019
  25. Sofia Goncalves Martins November 29, 2019
  26. Muslim Ignatyev November 27, 2019
  27. Ryan Cunha Souza November 25, 2019
  28. Jasper Seabrook November 21, 2019
  29. Yvonne Farber November 19, 2019
  30. Maslin Vaillancour November 15, 2019
  31. Jacob Bykov November 13, 2019
  32. Emily Melo Ribeiro November 11, 2019
  33. Abbey Watkin November 7, 2019
  34. Kevin Schuster November 5, 2019
  35. Lily Fantin October 31, 2019
  36. Stefanie Gottschalk October 29, 2019
  37. Percy Avare October 25, 2019
  38. Stella Aksakova October 23, 2019
  39. Bianca Souza Goncalves October 21, 2019
  40. Gabriel Vavilov October 17, 2019
  41. Mateus Araujo Cunha October 15, 2019
  42. Miguel Ribeiro Cavalcanti October 14, 2019
  43. Gabrielle Oliveira Silva October 11, 2019
  44. Crescent Beauchesne October 7, 2019
  45. Joe Michaels July 17, 2019

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