FOREX.com Review 2026

The basic trading model

FOREX.com operates as a market maker and offers leveraged trading across forex, indices, commodities, stocks, bonds, cryptocurrencies and other products. Much of its non-US offering is through derivatives: stock exposure is mainly through share CFDs, which do not confer share ownership or voting rights, while crypto exposure is generally through leveraged derivatives rather than wallet ownership.

Customers can choose the proprietary Web Trader and mobile app, MetaTrader 4 or 5, and TradingView. Standard, RAW Spread and MetaTrader account options are available, although platform and pricing conditions depend on the entity and account.

Important regional differences

FOREX.com’s product range differs by region, and US accounts differ materially from non-US CFD entities. Leverage limits, product availability and client protections also depend on jurisdiction. Check the entity associated with the account rather than assuming that terms in one country apply everywhere.

Trading costs

The averages below are the reported average spreads for the named instruments, not minimum advertised spreads. FOREX.com’s Standard account generally has no commission, with costs built into the spread; RAW Spread pricing starts from 0.0 pips and adds commission. The RAW Spread commission is $5 per $100,000 traded on the cited European account information. Share CFDs incur commission.

Non-trading costs

A $15 monthly inactivity fee applies after 12 months without trading. Currency conversion can cost up to 0.5% away from FOREX.com’s quoted rates when realized profits, losses, adjustments or fees are converted to the account’s base currency.

Overnight financing may be charged or credited on positions held through the market close, typically 5 p.m. ET. The amount can be positive or negative depending on the instrument, position and applicable rates. A three-day swap is charged on Wednesdays for weekend settlement. Islamic accounts are designed to avoid overnight swap charges, subject to account availability and approval.

FOREX.com says it charges no deposit fee and no withdrawal fee in its general fee terms, but withdrawal charges can vary by entity and method. For the US entity, wire withdrawals cost $25 domestically or $40 internationally, waived for withdrawals over $10,000. Currency conversion and third-party payment-provider charges may also affect the final amount received.

Cost takeaway

Standard pricing avoids a separate FX commission but builds the trading cost into the spread. RAW Spread pricing separates the spread from commission, so compare both parts for your anticipated trade size. Frequent traders should also account for overnight financing, and clients trading instruments in a different currency from their account should consider conversion charges.

Account options

Choose between Standard and RAW Spread by comparing spread-based pricing with the separate commission on the RAW account. MetaTrader is a platform-specific option for traders who want MT4 or MT5 functionality; access to MT4 and MT5 varies by entity. The general minimum deposit is $100, but there is no universal account-specific minimum published for these account types.

Platform choices

Base currency and account configuration

Account base currencies include USD, EUR, GBP, AUD and CAD. If a trade or account adjustment is denominated in another currency, conversion to the base currency can incur a fee of up to 0.5% away from FOREX.com’s quoted rates. Demo accounts are available. Islamic swap-free accounts are generally available upon request after opening a standard account.

FOREX.com offers leveraged exposure across several market categories, but the product range varies by region. Derivative exposure is not the same as owning the underlying asset; this distinction is particularly relevant to share CFDs and cryptocurrency products.

Order execution

FOREX.com operates as a market maker. Fast-moving markets can produce fills above or below the requested price; FOREX.com can also provide price improvement when a better level is available. This means a requested price is not guaranteed during rapid market moves.

Leverage, margin and stop-out

Maximum leverage for major FX pairs depends on jurisdiction: it reaches 1:50 for US clients and is generally limited to 1:30 in the UK, EU and Australia. Minor pairs and indices are often around 1:20, while commodities may be around 1:10. Leverage also varies by instrument and account.

The margin-call level is 100% and the stop-out level is 50%. Margin closeout settings can vary by account, with some MetaTrader accounts using a 100% closeout level. Check the rules for the specific entity and platform before opening leveraged positions.

Trading restrictions

FOREX.com allows scalping and news trading. Hedging is generally available outside the US, but US NFA rules require first-in-first-out treatment and prohibit holding opposing positions in the same pair. API trading is available to clients with a Standard or Commission account who request access; MT4 and MT5 also support automated strategies through expert advisors.

FOREX.com offers copy trading primarily through MT4 Signals. Social-trading tools also include SMART Signals, TradingView community ideas and MetaTrader signal providers. Copying trades does not remove the need to set and monitor risk controls.

Day-to-day usability

FOREX.com’s proprietary platforms include charting, technical indicators, market analysis and performance analytics. The broker also offers a REST API for real-time streaming prices, order execution, account management and historical data. MT4/MT5 expert-advisor automation is centered on desktop or VPS use rather than the full browser or mobile interfaces.

1. Eligibility

FOREX.com does not accept clients from a range of restricted countries, including Afghanistan, France, Hong Kong, New Zealand, Nigeria, Pakistan, Serbia, Venezuela and Zimbabwe, among others. Check eligibility for your country before applying, since access depends on jurisdiction.

2. Registration

Choose the account and platform that match your intended use. FOREX.com offers Standard, RAW Spread and MetaTrader account options, and account terms vary by entity. The general minimum deposit is $100.

3. Verification

Account verification is mandatory. Applicants typically need a government-issued photo ID and proof of address dated within the previous six months. US applicants must also provide a Social Security Number or Tax Identification Number. Verification usually takes one to two business days; the account holder’s name must match the submitted documents.

4. Initial funding

Choose a deposit method available for your entity and account. The deposit minimum is $100 for the methods shown in this review. Card and supported e-wallet deposits are processed immediately, while wire deposits can take one to two business days before settlement.

5. Getting ready to trade

After verification and funding, select the platform and review the leverage, margin and product terms applicable to your entity. Demo accounts are available for practice. API access requires a Standard or Commission account and a request to customer service.

Deposits

Method	Minimum	Broker Fee	Broker Processing	Expected Settlement
Mastercard	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
Visa	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
Wire Transfer	$100	Not publicly specified, check broker Client Portal/payment provider	1–2 business days	1–2 business days
Revolut	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
Wise	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
Skrill	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
PayPal	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
Maestro	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate
Neteller	$100	Not publicly specified, check broker Client Portal/payment provider	Immediate	Immediate

Processing and settlement are separate stages. A method with immediate broker processing may still be subject to payment-provider or bank handling outside the broker’s control.

Withdrawals

Method	Minimum	Broker Fee	Broker Processing	Expected Settlement
Mastercard	100 units of account base currency, or full balance if lower	No FOREX.com withdrawal fee on card return	Up to 24 hours broker processing	US entity: debit-card return is processed immediately
Visa	100 units of account base currency, or full balance if lower	No FOREX.com withdrawal fee on card return	Up to 24 hours broker processing	US entity: debit-card return is processed immediately
Wire Transfer	100 units of account base currency, or full balance if lower	US entity: $25 domestic / $40 international	Up to 48 hours broker processing	US entity: up to 2 business days domestic / up to 5 business days international, plus bank posting time
Skrill	100 units of account base currency, or full balance if lower	Entity-specific	Usually immediate after approval in supported regions	Usually immediate after approval in supported regions
PayPal	100 units of account base currency, or full balance if lower	Entity-specific	Usually immediate after approval in supported regions	Usually immediate after approval in supported regions
Maestro	100 units of account base currency, or full balance if lower	No standard withdrawal fee (US entity), other entities may differ	Up to 24 hours broker processing	Up to 24 hours broker processing
Neteller	100 units of account base currency, or full balance if lower	Entity-specific	Usually immediate after approval in supported regions	Usually immediate after approval in supported regions

For the US entity, card withdrawals may be processed within 24 hours, while a wire can take up to 48 hours for broker processing and then up to two business days domestically or five internationally, plus bank posting time. Other entities and payment providers may use different timelines and fees.

Availability

FOREX.com offers live chat, email and phone support 24/5. English and Spanish support are available.

How traders can get help

Customers can contact support through live chat, email at [email protected] or by phone at 1-877-367-3946. API users can request access through customer service and have a dedicated API support team.

Support limitations

Customer feedback is generally positive about helpful guidance and response times, but some traders report difficulty resolving withdrawal issues and occasional rude or dismissive interactions. These complaints appear less often than positive support experiences.

FOREX.com operates through regulated entities in several jurisdictions, and the regulator and protections that apply depend on the client’s location and account entity. The company is a brand and wholly owned subsidiary of StoneX Group Inc., which is publicly traded on Nasdaq.

Legal entities and regulators

FOREX.com also identifies regulatory jurisdictions in Japan and the Cayman Islands, but the client protections and entity terms should be checked for the account in question.

Client money protections

FOREX.com says retail client money is held in separate accounts at top-tier banks, apart from corporate funds, and that it performs daily segregated-funds calculations. Segregation is a client-money safeguard, not a guarantee against trading losses or a substitute for an investor-compensation scheme.

Eligible retail clients of StoneX Europe Ltd may qualify for Cyprus ICF cover up to €20,000; U.K. clients may also qualify for FSCS cover. Negative balance protection applies to some retail clients, particularly in ESMA-regulated regions, but is not universal. It may not apply to US clients, and professional clients may not qualify where the protection is limited to retail accounts.

Company transparency

FOREX.com was founded in 2001 and is a wholly owned subsidiary of StoneX Group Inc., listed on Nasdaq under the ticker SNEX. StoneX acquired FOREX.com from GAIN Capital Holdings in 2020.

Important distinction

Segregation and compensation schemes concern broker failure and client-money protection, subject to the relevant rules and eligibility. They do not protect an account from losses caused by market movements or leveraged trading.

What the headline claim suggests

FOREX.com offers multiple platforms, broad regulatory reach and leverage of up to 1:50. Those features can sound like a single, consistent package across the brand.

What happens in practice

Account terms depend on the client’s jurisdiction and entity. For major FX pairs, US clients can have maximum leverage of 1:50, while UK, EU and Australian clients are generally limited to 1:30. Product availability also differs between US accounts and non-US CFD entities, and negative balance protection does not apply universally.

Who should care most

Clients comparing headline leverage, market access or safeguards across countries should identify their contracting entity first. The same brand name does not mean the same product range or protection applies to every client.

Practical example

A trader comparing the headline maximum of 1:50 with a UK, EU or Australian account should use the generally applicable 1:30 limit for major FX pairs when assessing that account, not the US maximum.

Consider FOREX.com if you...

• Trade forex actively and want a choice of proprietary platforms, MetaTrader and TradingView.
• Use automated strategies and value MT4/MT5 expert advisors, API trading or VPS hosting.
• Want access to research tools, market analysis and a demo account alongside live trading.

You may want to look elsewhere if you...

• Need the same leverage, protections and product range regardless of where you live.
• Want negative balance protection to apply uniformly to every account type and jurisdiction.
• Trade infrequently and want to avoid a monthly inactivity fee after 12 months without trading.

FOREX.com’s strongest proposition is its combination of platform choice, research and tools for active forex traders. Its biggest compromise is that leverage, product availability, costs and protections vary by entity, so the brand’s headline terms do not apply uniformly. Traders willing to check their local account terms before funding are most likely to accept that trade-off.

This review assesses FOREX.com’s account pricing, spreads, product range, platforms, funding conditions, support and regulatory protections, while preserving differences between entities and account types. Broker claims, regulator records, structured product and payment details, and customer feedback are treated as distinct forms of evidence; no personal trading test is claimed. For more detail on how brokers are assessed, see our review methodology.