Review of the company
Forex.com is operated by GAIN Capital Group – a group that manages retail trading division Forex.com and institutional clients at GAIN Capital itself. The brokerage company was founded in 1999 by the financial corporation GAIN Capital Holdings and has registration obtained from the Commodity Futures and Options Trading Commission (CFTC), NFA (National Futures Association), and the UK Financial Regulator FCA (Financial Conduct Authority). A high level of regulation gives customers more confidence for investment. The company provides financial and brokerage services to users in more than 140 countries. This is one of the most reliable and popular modern brokers. GAIN Capital has an impressive record of $501.2 billion in monthly turnover.
The broker offers more than 50 currency pairs for trading, the participants of which can trade through the platform FOREXTrader Pro, MetaTrader 4 or platform GX Capital GTX. This platform is intended for institutional traders. ForexTrader is a platform with mobile and desktop solutions. Crypto trading is possible everywhere except MT4. As a result, the broker has 5 trading platforms:
- FOREXTrader Pro;
- FOREXTrader Java;
- GX Capital GTX;
- MetaTrader 4;
- FOREXTrader Web.
Regardless of the trading account type you decide to sign up with you will have both FOREXTrader Pro and FOREXTrader Java. To be able to trade just from any computer there’s a web-based platform FOREXTrader Web. MetaTrader 4 is also supported as one of the most versatile and powerful, and their own platform stands out and offers a fully customizable trading environment.
The minimum amount for opening an account on Forex.com is only $50. The Standard account is more attractive in terms of opportunities, opened by adding $2500. There is a demo account available for beginners in Forex trading, which will help them learn trading skills and develop suitable strategies. This broker provides average spread for all account types.
It is possible to raise your level of trading skill if you use the training program from Forex.com. The broker’s website provides master classes, webinars that will interest both beginner Forex traders and more experienced ones. Forex.com offers to take trading courses that will help not only learn the basics of buying and selling on Forex, but also learn highly profitable trading strategies, meet the stars of trading, learn the secrets of Forex. Trading on Forex.com is carried out with the largest leverage of 1:200. Spreads are from 1 pip. Overall, this makes Forex.com competitively priced when compared to other brokers.
Forex.com offers trading in currency pairs, stock indices, metals, including precious, various commodities, futures contracts for black gold and precious metals. One of the last achievements of the broker is the trading of cryptocurrency, bitcoins. Buying and selling on Forex is carried out on the MT4 platform, ForexTrader Pro. Remote trading is available through mobile gadgets. Thanks to high-class liquidity providers, Forex.com provides high-speed trading, transactions are carried out in real time without freezing. Trades are listed on international exchanges.
Currently, Forex.com offers its customers to use the bonus program. This is the Welcome Bonus program. More information about Forex.com promotions or bonuses can be found on the site of a brokerage company. Everyone can become a Forex.com partner and have extra income. The affiliate program offers interesting conditions for cooperation.
A deposit with this broker can be made by bank transfer or credit cards. Forex.com does not charge additional replenishment fees. Commissions may be charged by the payment system. The currency used is USD, EUR, GBP and CHF. Bank transfer processing time is 1-2 days. Recharge from the card is credited instantly.
Forex.com is one of the most reliable Forex retail brokers. Being a truly global broker and regulated in many countries, it shows that they have capital requirements and are serious about doing business, observing all the rules. Forex.com is regulated by some of the most stringent regulators in Forex, the United States and Japan are among the most complex.