What exactly is Forex.com?

FOREX.com is the trading trademark and is member of GAIN Capital Holdings Inc that is a publicly traded corporation offering internet-based trading solutions. Established in 1999, the company serves customers across more than 180 different countries with an international presence throughout North America, Europe and the Asia Pacific regions, provides offices and is its headquarters are at New Jersey (US), in Canada, UK, Hong Kong and Australia.

Through extremely developed systems , Forex.com has developed its own platform for trading that is now among the top alternatives for clients to gain access to the world's most renowned currencies as well as other trading instruments.

In the end, after years of success and its worldwide spread, Gain Capital and its one of the brads Forex.com has achieved great results and global recognition in addition to the robust trading solutions that they offer and continuously improve. 

Forex.com Pros and Pros and

Forex.com is highly licensed and a reliable broker that has a an known parent firm GAIN Capital listed in Stock. Opening accounts is easy and entirely digital. There is a wide range of instruments and markets and a good Cryptocurrency trading along with professional trading platforms that offer training and research.

On the flip side, trading costs for Forex CFDs could be slightly more expensive, but in the average case there is no support 24/7 as well as multi-currency accounts.

10 Points Summary

Awards

For companies in the financial sector as well as trading brokers, it's essential to maintain a good standing, and Forex.com confirms its standing not just through the thousands of accounts that they manage but also by gaining industry recognitions too.

Over the course of twenty years , the and operation, the company has received numerous accolades and worldwide recognition and a huge amount of nominations and awards like "Best Broker in the USA", Shares Awards, Investment Awards, etc.

Are Forex.com secure or is it a fraud?

FOREX.com is certainly a reliable financial service provider. This is due to the trading name is used by GAIN Capital Holdings which is the principal company that is incorporated in the US in accordance with the most stringent laws and regulations.

Additionally, Forex.com is a part of StoneX Group Inc. (NASDAQ SNEX) publically traded company that has strong corporate management, financial reporting and an industry leader.

Is Forex.com real?

Due to its worldwide presence and a wide operation across the world's finance centers Forex.com as a component of an international holding is exempt from rules from various regulatory authorities across the globe, including IIROC (Canada), CFTC (USA), MAS (Singapore) and ASIC (Australia).

Thus, FOREX.com indeed complies with essential, stringent regulatory requirements and standards, while being required to provide the most secure and most efficient operations. Absolutely, the company conducts all its procedures to the highest standards and includes data security and safety of funds, allowing the firm to store funds in separate accounts, safe online transactions, executions, and so on.

In addition, Forex.com provides central counterparty clearing through OSCA as a standard service for all customers.

Leverage

Leverage is a well-known toolwidely employed by traders and brokers permits trading of greater capital in comparison to the capital initially. Brokers previously rewarded trader through high leverage ratios, however the US regulations and the most recent revisions by the European ESMA have set a strict limit to ensure the safety of customers.

Thus, in relation to Forex.com review of the global regulations and presence, there is a possibility that the leverage ratios can differ in accordance with the place of residence of the trader as well as the conditions under which an authorization account is opened.

• It is possible for US clients are able to make use of a maximum 1:40 leverage on Forex instruments.
• European entities are limited to 11:30,
• Australian customers can still get the leverage of Forex as high as 1:400..

This limitation is made in order to minimize possible losses, since the high leverage can force trading quickly and in reverse also. Therefore, you and every trader must use leverage in a smart way and know how to apply it properly for the specific instrument.

Types of accounts

FOREX.com offers three different types of accounts. Standard Account with tight forex spreads, and the possibility of automated price enhancement (when the market moves to the benefit of the client savings are automatically passed). Commission accountwhich offers additional benefits, and comes with extremely tight spreads and fixed commissions.

Finally, the third account option is specifically designed for high volume traders, and dubbed Direct Market Access Account with the maximum of control is utilized. This account is accessible only via a proprietary platform and is suggested for a minimum 25k$ in deposits, meaning the professionals who trade are able to benefit from better conditions Forex.com offers.

Fees

In relation to fees, make certain to check the correct terms for the type of account you pick. Similar to, Standard account based on spreads, whereas commission accounts charge a trading fees as the amount is a commission per transaction.

Non-Trading charges

It's good to know that FOREX.com has an annual inactivity charge that is $15 (or equivalent) per month when the account has no trading activity for at least 12 months. Accounts with a balance greater than $10,000 in base currency are exempt. 

Spread

In analyzing Forex.com spread costs and trading charges we found the fee structure easy to understand as the charges are competitive and reasonable when compared with the competition in the industry.

Basic conditions are founded on FOREX.com provides both fixed and variable spreads according to the market you would like to trade as well as the possibility of reducing costs by as much as 15% by cash rebates. Thus, you can select the most appropriate option and get in trading with commissions or no commissions. Check out the comparison below of the standard spread of the Standard Account, while commission accounts also have $5 for every 100k trade.

For example, you could look at the Forex.com charges with the fees of its rival Plus500..

Overnight Fee

Forex.com Overnight charge is an added expense to be taken into consideration when you have an either an overnight or a long-term position. The fee for swaps at Forex.com is calculated using the percentage , along with the interbank exchange rates. The latter is determined by each instrument independently. Similarity calculated using the formula as e.g. Forex.com USD/EUR overnight fee for buying is -2.5 percent and 2.5 percent to sell.

Trading Instruments

One of the best things that can be found on Forex.com is the trading market variety, it is a large client of a financial institution, it offers the most competitive solutions. It includes more than 80 currency pairs, and an average daily turnover of $5.1 trillion per day, comprising Bitcoin as well as Ethereum against USD and EUR, AUD, and GBP (with fixed spreads and minimal margin), indices as well as shares (without specific stop-loss risks spreads starting at 1 point) in addition to commodities (with no commissions and margins of 1%).

In fact , trade of cryptocurrencies as well as other pairs at Forex.com is a process of satisfaction and is a firm process due Fixed spreads a low margins, and competitive financing in addition, there is no requirement to set up an online wallet.

Deposits and withdrawals

Another important aspect is to know how it is possible to move money into or out of trading accounts, as different states and jurisdictions have their own rules for money management. In the same way, Forex.com will offer particular conditions that are based on the organization and regulations.

Deposit Options

FOREX.com provides only some payment options however, these methods are the most secure and also the most well-known ones.

• This Deposit Options option is restricted to bank transfer and Creditand Debit Cards. Most payments are processed within a single banking day.

How much is the minimal amount of deposit to open Forex.com accounts?

The minimum amount to deposit to Forex.com is $50. However, it is recommended for depositing $2,500 to ensure the possibility of flexibility, access to a wide range of instruments, and more effective risk management.

Forex.com minimal deposit is different from other brokers

Withdrawals

The withdrawal options available on Forex.com are numerous and offer simple Bank Transfers, Card payments , or electronic wallets. The company charges no fees or charges for credit and debit card transfers or bank deposits Additionally, there are no fees to withdraw money which is an attractive aspect of the overall money management.

In addition, as element of GAIN Capital Payments Ltd additional services provided by a mother company are available to customers. Forex.com offers regular and frequent Money Transfers to the UK as well as a FOREX.com account with quick, simple as well as secure money transfers to more than 200 countries. You can find more information on this official web site.

Trading Platforms

The client has two major options offered in the Forex.com Review for the customer who chooses to go with the possibility of an exclusive platform created by Forex.com or the mainstay of the well-known market program MT4. as well as the latest version of MT5.

The Forex.com review highlights its diverse platforms that can meet your unique trading requirements and meet specific solutions. These platforms offer advanced trading instruments (70plus technical indicators) along with signals with the ability to execute transactions instantly and market execution and also the the capability to allow users to set their own prices.

Web Platform

Internet trading platform designed for maximum performance and speed on all computers in addition to combining many integrated market analysis tools and analyses. It is, however, more beneficial to utilize an alternative desktop platform to conduct day trading and more extensive strategies as Web Platform is rather limited in terms of tools available.

Desktop Platform

A sophisticated trading platform specially designed for active traders. It provides the ability to view your desktop with an set of custom preferences and indicators, as well as powerful charting tools, and much more.

If you choose to utilize the well-known MetaTrader4 platform, it has been improved with the integration of patterns software, as well as other developed trading tools that utilize the market execution technique. Of course, the you can utilize MT4 through Desktop, Web or iPhone, Android apps.

Mobile Platform

mobile trading is definitely a "must have" with modern lifestyle, it is an extremely robust, comprehensive trading platform that allows for various order types to be made manually

Customer Support

When we look at customer support, as a crucial component of the broker's proposal we believe it's on a excellent level and boasts of its strengths, as a broker mentioned by himself. Forex.com Customer Service is available to traders via chat, phone lines and email, as well as the need for support across the globe due to brokers ' presence and coverage of the major destinations, including.

Education

Since Forex.com concentrates on beginning traders as well as professional traders they offer education that is designed to help improve trading confidence and expertise as well as market analysis using the most recent updates to ensure you are up-to-date with any changes or improvements.

Education Center provides trading concepts technical analysis, fundamental analysis, trading strategies and trading classes that are suitable for beginner advanced, intermediate and beginner trader. Along with that, Forex.com runs regularly Webinars and provides regular updates that include Trading News and research materials with unique and popular topics.

Conclusion

In the end, Forex.com as a global market leader in internet trade in the world of online trading. highly praised by a variety of traders for its utmost integrity. FOREX.com certainly deserves your consideration. Alongside the the well-respected and reputable worldwide standing as part of GAIN Capital Holding, which FOREX.com is a part of, it has a solid financial back-up is proven by the large number of companies that have been behind a variety of regulations around the world. Many benefits both in the operational and technical parts that are innovating by brokers' functional tools, along with excellent customer support traders who have the best conditions for the success of their trade as well as very price-competitive.