Forex.com review

Rated 4.5 / 5 · Best for US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.

Regulators
CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA
Min. deposit
$100
Spread from
0.8 pips (Standard) / 0.0 pips (RAW)
Max. leverage
Up to 1:30 (EU retail) / 1:50 (US)
Platforms
MT4, MT5, Web Trader, TradingView, MotiveWave
Founded
2001 · Bedminster, New Jersey / London

Pros

  • Tier-1 regulated in 7 jurisdictions including US CFTC/NFA
  • Part of StoneX Group (NASDAQ-listed) — audited financials
  • Multi-platform: MT4, MT5, Web Trader, TradingView, MotiveWave
  • 5,000+ instruments incl. share CFDs from 30+ global exchanges
  • Strong institutional research + market analysis

Cons

  • Spreads on Standard account wider than RAW + commission accounts
  • $100 minimum deposit
  • Inactivity fee of $15/month after 12 months dormant

Forex.com review summary

Forex.com is the retail brokerage brand of StoneX Group (NASDAQ: SNEX) — a publicly-listed Fortune 100 financial services company with ~$50 billion in client equity. Founded in 2001 and now serving over 400,000 retail clients across seven major regulatory jurisdictions.

The combination of US CFTC/NFA + UK FCA + Australia ASIC + Japan FSA + Singapore MAS regulation makes Forex.com one of the most credible retail brokers globally. Few competitors match this regulatory breadth.

The instrument catalogue is one of the deepest in retail FX: 80+ currency pairs, 5,000+ share CFDs across 30+ exchanges, indices, commodities, crypto CFDs, and an unusual range of bond CFDs.

Where to trade

For US retail FX traders, the choice is essentially Forex.com vs OANDA. For non-US traders, Forex.com is a credible tier-1 alternative to IG and Saxo Bank, particularly for those wanting publicly-listed counterparty risk transparency.

Forex.com — Frequently Asked Questions

Is Forex.com regulated and safe?

Forex.com is regulated by CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA. Client funds are held in segregated accounts at tier-1 banks and the broker operates under active financial-services licenses. Verify each license number on the regulator's official website before opening an account.

What is the minimum deposit at Forex.com?

The minimum deposit at Forex.com is $100. Most account types accept this minimum; premium tiers may require higher deposits — see the account-types table above.

What are the typical spreads at Forex.com?

Spreads at Forex.com start from 0.8 pips (Standard) / 0.0 pips (RAW). Actual spreads vary by account type, instrument, time of day, and market volatility. Raw/ECN accounts add a per-lot commission on top of the tighter spread.

What trading platforms does Forex.com offer?

Forex.com supports: MT4, MT5, Web Trader, TradingView, MotiveWave. MT4 / MT5 are the industry standards; cTrader is preferred for ECN execution; proprietary platforms offer broker-specific tools but less third-party compatibility.

What is the maximum leverage at Forex.com?

Maximum leverage at Forex.com: Up to 1:30 (EU retail) / 1:50 (US). EU retail clients are capped at 1:30 by ESMA rules regardless of broker policy. Professional clients and offshore-entity clients can access higher leverage subject to qualification.

Who is Forex.com best suited for?

US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.