Forex.com – review and feedback about the trading platform

Min. deposit
250$
Min. trade price
0.1$
Website address
https://www.forex.com/en/
Profitability
85%*
Demo account
No
Currency
CHF EUR GBP USD
Supported languages
Eng
Active
Yes
* The amount that will be credited to the account in the case of a successful deal

Trustpilot Real Time Reviews

Star

The Trustpilot rating is 3,
according to 147 reviews

4.5 Stars
Salahadin Adous
Salahadin Adous
stars
us
THANKS excellent platform still learning how to trade forex and making progress

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OKBASILASSIE ZERAI
OKBASILASSIE ZERAI
stars
ca
I wonder why forex.com trades can't be handled separately. Why always assorted?????? I can't take partial income from a single trade. All these are possible for Canadian traders but not for US traders. Why??????????

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Robert Murdock
Robert Murdock
stars
us
I like just about everything about Forex.com. ***My one request at this time is that you provide a robust tutorial for Web Trader. I feel like my use of the tool is very limited because there is no training tutorial available. This would make me much happier with Forex.com.

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Rock Solid Creations, Inc.
Rock Solid Creations, Inc.
stars
us
Forex.com has a great trading format and I can tell they are working to improve it all the time. I've been using it for awhile now. A suggestion would be: I wish there was a way that we could type in a date on a chart and go directly to that day to inspect hourly or minute price movement. It would make looking at historical chart data so much easier.

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ace
ace
stars
us
easy to use and set up an account

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Glenn Keller
Glenn Keller
stars
us
All is Ok, but I have been trying to get Forex.com to Ach withdrawls for me for about 8 months and they continue to Wire my funds and now you don't send check hard mail free. Wire cost me $25 and bank fee of $18 ----that is $43 every time i want a withdrawl . No one has given me a reason for this at Forex.com --how about figuring this out and get back to me. Glenn Keller

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Tissah Georges Ntche
Tissah Georges Ntche
stars
us
Good customer service.

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TIMD
TIMD
stars
us
Great user interface!

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Steven
Steven
stars
us
as simple as can be when making an account and getting set up your with your bank. Depositing money and transferring is incredibly simple as well. you will though have to make a separate account if you want to use metatrader and trade on that account, then transfer money to main account and then to your bank. all done within a minute though. the customer service chat is amazing and fast with real people.

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Kenneth Phang
Kenneth Phang
stars
us
Been trading here for more than a year. I get daily and monthly reports and things run smooth without any complaints

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Bruce Phillips
Bruce Phillips
stars
us
I am extremely happy with this platform.

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Antoine Solomon
Antoine Solomon
stars
us
I was not trading for a while, so you charged me a fee. I started in August but no fees was deducted from my account. I was impressed that you followed through on what you said to me. So thank you!

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Andres German
Andres German
stars
co
The Desktop Trading Platform is absolutely outstanding and user-friendly. The option to code Custom Indicators is definitely a significant plus. Order execution is impecable, and Stop/Limit orders are 100% reliable.

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MARIO WILSON
MARIO WILSON
stars
gb
So far ok with the trading app. My only issue is trying to contact and communicate with the online tech help. Sometimes can be confusing because they do not always understand my queries. So I end up calling and speaking to a real person, which helps.

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Sagan Andrzej
Sagan Andrzej
stars
pl
Very good !!!!!

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Vladimir Gonchar
Vladimir Gonchar
stars
ua
I can not say anything bad about FOREX.COM.My orders perform honestly,if i have same question/rarely/ i always recieve answer in chart or e-mail.

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Reza Kia
Reza Kia
stars
ca
Canadian regulated and easy to fund the account

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Dedi Lim
Dedi Lim
stars
id
SECURE AND TRUST

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Sergiy Savyelyev
Sergiy Savyelyev
stars
us
It's not bad. Money is easy to deposit and easy to withdraw. It's hard to get an answer to my questions being sent to the site all the time. This is annoying. Previously it was possible to communicate in Russian. And so on good 4 stars. Recommend!!!!!

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gary reese
gary reese
stars
us
Platforms are user friendly. Withdrawal times are very reliable.

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Overview of successful brokers: Forex.com

All modern brokers who are participants in the global financial market can be divided into three categories:

● Doubts about reliability (there are a lot of negative reviews on the Internet, there are examples showing that the company has not fulfilled its obligations).

● Proven in practice that they always keep their promises and contract terms.

● Brokers who do not need to prove something. Their status is a 100% guarantee of reliability and high professionalism.

The latter category includes the well-known broker Forex.com among the participants in the global financial market. As a subsidiary of GAIN Capital Group (a financial group providing services in 140 countries), as well as a member of the Futures Commission, this broker does not need other recommendations. This opinion of many authoritative experts on online trading fully confirms the practical experience.

Of particular interest is the above information for traders who are looking for a promising company that provides access to financial assets on the world market. Let us consider in more detail the main advantages and disadvantages of the presented trading platform. This will help determine whether Forex.com is suitable for the average trader for successful and profitable trading.

 

Forex.com review

 

What attracts Forex.com traders?

The presented company was established in 1999. Having worked in the financial markets for almost 20 years, the broker has gained more experience in this field of activity and has studied the main features of online trading. The company’s services are in great demand with professional traders, financial managers, consultants, large investors, as well as customers who use the trading platform as an additional source of profit. One of the main issues of interest to potential users relates to the level of site security. Can the broker be trusted with personal information and funds?

Customer safety

The application used at Forex.com and the sites tested in practice ensure uninterrupted operation of the trader and high-quality execution of the tasks set by users. Every client of the company can check the rating and potential capabilities of the broker (and hence its level of security) at any time by visiting the independent website of the National Futures Commission. Another way to protect the funds of traders is to deposit deposits in separate accounts in reputable banking institutions.

Technical specialists claim that the resource infrastructure is designed for round-the-clock trading at a 100% level of operation of all platform systems. In case of any malfunction of the site or other unusual situations, contact the broker’s support service (it works 24 hours a day, except Saturday and Sunday).

For many of our compatriots, the main obstacle for effective work on the presented trading platform is the lack of a Russian version of the web resource (only English and Chinese versions are provided). Therefore, before registering a login on Forex.com, thoroughly study the official website and assess your capabilities as to how this broker suits you personally.

Who regulates broker activity

The trading platform registered in London is controlled, first of all, by a reputable British organization, the UK Financial Services Authority (FSA). The broker also has documents permitting the provision of financial services from the following organizations:

● ASIC Australia;

● CFTC / NFA USA;

● FSA Japan.

Only on the basis of licenses provided by the above organizations, can we conclude that Forex.com broker is reliable. Even if there are any inconsistencies or irregularities in the company’s reports, the supervisory authority may select documents authorizing the provision of financial services.

Training

On the broker’s web resource, there is an opportunity to go through full-fledged training and get the knowledge necessary for working on the site. This can be done independently or under the guidance of a specialist, as well as special courses have been created on the site, aimed at a deeper study of a particular industry.

Demo accounts developed by Forex.com experts allow beginners to practice to consolidate their knowledge. Novice traders receive 50 thousand virtual British pounds, which can be used to conduct real financial transactions. This feature is designed for 30 days of work. This allows new users to check the basic functionality of the broker and choose the optimal scheme for conducting real financial transactions.

Key parameters of the Forex.com trading platform

In addition to the training broker web resource, there are 2 types of other accounts intended for real trading:

● Mini.

● Standart.

The first is for beginner traders and is designed for small transactions. The second, created for professionals, large investors, financial managers, etc. (the minimum deposit for this type of accounts is $ 2500).

Trading Conditions

If you look at the reviews compiled about Forex.com, without focusing on when they were written, you will notice some of the differences in these works. But this is connected with the development of the global financial market, so it cannot be argued that one review is correct, and the other is not true. You should always “tie” specific indicators to a certain period of time.

To date, current trading indicators are:

● The minimum deposit amount is $ 250.

● Currency accounts – British pound, euro, US dollar and Swiss franc.

● Leverage – from 1 to 200.

● The minimum section of the transaction – 0.1 lot.

● “Islamic” account – no.

● Registration Bonus – none.

Deposit and withdrawal

In order to perform cash deposit / withdrawal operations, the trader must use the corresponding function in his personal account. For these purposes there are: bank transfer, plastic cards (debit and credit), as well as the payment system Sofort banking, which operates in some European countries. We can confidently say that some reviews compiled about Forex.com, claiming that the administration of the trading platform needs to work in this direction, are completely untrue.

Assets

The following tools are offered to broker clients for trading: currency pairs, stock indices, raw materials, precious metals, as well as CFD contracts for these tangible assets.