Forex.com Review 2024
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4.1/5

Forex.com Review 2024

✔ Unparalleled forex service
✔ Wide array of offerings
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

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Adam is head of content on TradingGuide.co.uk. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Article was updated: October 18, 2024
Estimated reading time: 3 minutes

Forex.com is a great forex and CFD broker that is available globally through a well-designed and clear website and trading platform.

Pros
  • Suitable for any type of traders trading platforms
  • Variety of product offerings
  • Global reach spanning
  • Offers protection for U.K./E.U. customer accounts
Cons
  • Limited trading opportunities in the U. S.
  • Small selection of cryptocurrencies.

With Forex.com, you can trade stocks, futures, forex, commodities, and options in more than 50 countries. Forex.com is a simple, easy-to-use forex trading platform. It offers more than 90 currencies, making it in demand among users around the world.

Forex.com allows its clients to choose what to use: the usual desktop, online web, or its convenient app platform. Forex.com has the most significant number of MetaTrader users globally and allows cryptocurrency trading, available on CFDs.

Our team of experts in the financial field have spent several weeks trading with Forex.com. We’ve tested the platforms, checked all the details, and included our results from this work below. 

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Forex.com 4
Forex.com 5
Forex.com 1
Forex.com 2
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Forex.com – Who Are They?

Forex.com is one of the fastest growing online forex and CFD brokers in the world. They already have millions of loyal clients from all over the world.

Forex.com UK

Forex.com is a market-leading brokerage firm. They are owned by GAIN Capital, which is a major American financial institution. We consider Forex.com to be one of the safest trading platforms on the trading market; it’s also one of the few brokers of its kind that are licensed in both the United States and Europe (ASIC, SySEC, MAS, SFTC, and more).

Since it was founded in 2001, Forex.com has gained great experience in the online trading world. According to the broker’s management, they are constantly developing their platforms, making the work of their customers more comfortable.

They have always been responsive when it comes to customer service, which has improved over time.

TypeFee
Minimum deposit$100
Inactivity fee$15 
Deposit fee$0 
Withdrawal fee$0
Overnight fee$0

Compare Forex.com Features With Other Brokers

Compare with other broker
General Rating
Minimum deposit
Payment & Withdraw options
Fee on Amazon
Fee on GBP/USD
Fee on Bitcoin
Fee on ETFs
Fee on Gold
Software
Licence
Demo account
Money Insurance
Stock Assets
Forex Assets
Commodities Assets
ETFs Assets
forex.com logo
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.1rating-star
$100 (£72)
Bank transfer, Credit/debit cards, Skrill, Neteller
Free
from 1.1 pts
from 80 pts
No
from 0.45 pts
Advanced Trading Platform, Web Trading, Mobile Trading, MT4, MT5, Trading View
CIMA
Yes
No
5.500+
80+
10+
No
etoro logo
Visit site
{etoroCFDrisk}% of retail investor accounts lose money when trading CFDs with this provider.
4.1rating-star
$100
Debit card, Bank transfer, Neteller, Skrill, eToro Money, Online Banking
Yes (as CFD)
150 PIPs
1%
Free
0.0003 USD + (-0.000113) USD
eToro investing platform, Multi-asset platform, Copy Trader
ASIC, CySEC, FCA, FSAS
Yes
Yes (up to $250,000)
3000
52
27
300
Plus500 logo
Visit site
Risk Warning
80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.2rating-star
$100
Bank Wire Transfer, Credit/debit cards, Paypal, Skrill
1.01
0.00018
Not available for UK traders
Free (Additional fees may apply)
0.35
Plus500 Webtrader
FCA, CySEC, ASIC, MAS, FSA
Yes
Yes, up to £85,000
2000+ (CFDs)
60+ (CFDs)
22 (CFDs)
90+ (CFDs)
avatrade logo
Visit site
Risk Warning
77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Read Review
4.5rating-star
$100 (£72)
Credit/debit cards, Wire transfer, Paypal, Skrill, NETELLER, WebMoney
Free
Free
Free
Free
Free
MT4, MT5, WebTrader, Automated Trading, Mac Trading, AvaTradeGO, AvaOptions, Mobile Trading, AvaSocial, DupliTrade, Capitalise.ai
CBI, CySEC, ASIC, BVIFSC, FSA, SAFSCA, ADGM, ISA
Yes
Yes, up to $1.000.000
600+
50+
17
Yes

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Close

Our Opinion About Forex.com

After hours of researching and testing, we are confident that Forex.com is a trustworthy trading platform.

Forex.com has a great and quite common range of platforms that cater to all kinds of traders with different knowledge and experience levels. Lots of advantages, including having 4,500+ assets in several other markets, give Forex.com the upper hand over its rivals.

FAQs

Is Forex.com a good broker?

Yes. Forex.com is a market-leading brokerage firm with millions of loyal clients from all over the world. It is a trustworthy trading platform regulated by the FCA, CFTC, and ESMA. Plus, the broker continues to gain excellent reviews and testimonials from legit platforms, including Google Play, the App Store, and Trustpilot.

Is Forex.com best for beginners?

Yes, Forex.com is one of the best options to use if you are a beginner. It has numerous instruments, high-quality education materials, unique offerings, and trading opportunities that make it an excellent platform for beginners.

How long do Forex.com withdrawals take?

At Forex.com, you can withdraw your money via several options including Bank transfer, PayPal, and Credit/debit cards. The withdrawal process can take up to 3 days.

Can you trade crypto on Forex.com?

Yes. You can trade crypto CFDs – such as Bitcoin, Ripple Litecoin, Ethereum and more. Simply ensure the broker features elements meeting your cryptocurrency trading requirements to enjoy your experience.

Adam Jarfjord
Adam Jarfjord

is our leading content maker and head of the content department. For Adam, trading is not only a job but also a passion for more than 5 years. He has many years of experience in the financial sector and honestly admits that he is in love with his job.

Forex.com Review 2024 Details

Payment Methods
TradingGuides Rating:
✔ Unparalleled forex service
✔ Wide array of offerings
Visit site
Risk Warning
Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
4.0 rating-star
Customer Support
4.0 rating-star
Commissions & Fees
4.0 rating-star
Platform & Tools
4.0 rating-star
Research
4.0 Overall Rating

12 Replies to “Forex.com Review 2024”

  • Harry says:

    I used Forex dot com for a very brief time and never had any problems. I just reviewed their website and some reviews. Forex dot com is also an excellent choice for trading and is very large and well established. One thing that is negative is that they did not continue supporting the Trade Station FXCM proprietary platform and some people preferred that platform.

  • 4 years forex trader says:

    Forex is an excellent Broker. I use them and are one of the best for new traders to start with!

  • Dav says:

    I saw here the activity that is regulated by FCA and ASIC licenses and you can expect compensation fund, services are first class

  • Kelly says:

    This broker has very easy access features and options.. this broker has interconnected trading software which is very effective in trading works and also helps small investors.

  • Patrick says:

    I wanted to try to invest some money and for a long time I was choosing a platform. When I found Forex I understood how simple and clear it was. People, do not put your money under the mattress! Invest in Forex. I think it is great that I am not getting paid for my review, it is just a recommendation from my heart.

  • Dror says:

    The platform is easy to navigate and I like its educational materials. Withdrawal times are very fast. I like the app, it's working great.

  • Ronald says:

    I like their UI. Customizable, good for all levels of expertise from beginner to professional. Quick and easy login available. Processes fast, including news articles. Without ads. Thank you, guys

  • Gudvin says:

    Good platform, and easy to use. Execute trades immediately Accounting system is perfect. I think it is ideal for any type of skill from beginners to expert ones.

  • Oliver Lawson says:

    Would you recommend this provider?

    Fees

    Account opening

    Customer service

    Deposit and withdrawal

    Forex.com is my go-to for trading! With a deposit of just $100 and no monthly fees – it's a breeze! The range of assets is fantastic, and the interface is simply amazing. Having tested it myself, I'm satisfied – everything is clear, there's educational support, and withdrawals are instant. It's not hearsay, it's my personal experience – I trade with Forex.com as if I'm in space!
  • Liam O'Connor says:

    Would you recommend this provider?

    Fees

    Account opening

    Customer service

    Deposit and withdrawal

    Customer service was quick and efficient. Using the forex.com platform turned out to be very easy and convenient. I want to express my gratitude to the broker for excellent work. It's truly an outstanding trading platform.

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80% of retail CFD accounts lose money