Forex.com is a leading online broker with a strong reputation in the Forex market.
Established in 2001, it offers traders access to a wide range of currency pairs and other financial instruments.
Regulated by multiple authorities, including the Commodity Futures Trading Commission (CFTC) in the United States and the Financial Conduct Authority (FCA) in the UK and others. Forex.com ensures a secure and transparent trading environment.
With user-friendly platforms, competitive spreads, and excellent customer support, Forex.com caters to both novice and experienced traders worldwide.
Promotions and Bonuses
Forex.com does not currently have any promotional offers such as a Sign Up Bonus, Welcome Bonus, Deposit Bonus, or the option of a no-deposit bonus for traders who open a real trading account with them.
They do not provide any additional financial incentives or bonuses to new clients upon registration. It’s important to note that promotional offers and bonuses can vary over time, so it’s recommended to visit the official Forex.com website or contact their customer support for the most up-to-date information on any available promotions or bonuses.
Trading Details
Additional Detail
Fees and Spreads
1. Spreads:
FOREX.com does not offer fixed spreads.
2.No Commission on Standard Accounts:
If you have a Standard Account, your pricing is spread-only, and you will not be charged any commissions
Commission Account:
Forex.com offers a Commission Account where traders can trade on low variable spreads plus a flat $5 commission per standard lot (100K) that is charged at the time the trade is executed
3. Overnight financing:
Spreads can vary based on market conditions, volatility, liquidity, and other factors. FOREX.com does not charge data exchange fees. However, you may incur a financing/rollover charge if you hold your positions overnight.
4. Inactivity Fee
A fee of $15 (or 15 base currency equivalent) per month is charged to accounts after there is no trading activity for 12 months.
Education and Research
Webinars
Forex.com hosts regular webinars on a variety of topics, including technical analysis, trading strategies, and market insights. These webinars are free and accessible to all registered users.
Trading Guides
Forex.com offers a wide range of trading guides that cover everything from the basics of forex trading to advanced strategies and techniques. These guides are available in PDF format and can be downloaded for free from their website.
Video Tutorials
Forex.com also provides a series of video tutorials that cover different aspects of forex trading, such as risk management, chart analysis, and trading psychology. These tutorials are available on their website and YouTube channel.
Trading Tools
Forex.com offers a variety of trading tools, including a trading calculator, an economic calendar, and trading signals. These tools can help traders make more informed trading decisions and stay up-to-date with market events.
Demo Account
Forex.com also provides a demo trading account that allows traders to practice trading in a risk-free environment using virtual funds. This is a great way for beginners to get familiar with forex trading and test out different strategies without risking real money.
Customer Support
1. Live Chat: The live chat feature on Forex.com's website is available 24/5 and provides an easy way to get quick answers to your questions. You can access the live chat by clicking on the "Chat" button on their website.
2. Phone Support: Forex.com's phone support is available 24/5, meaning you can call them anytime from Monday to Friday to get assistance. The phone numbers are provided on their website and vary depending on your location.
United States: +1 877-367-3946
United Kingdom: +44 20 3194 1801
Australia: +61 3 9067 7800
3. Email Support: If you prefer to communicate via email, Forex.com's support team can be reached by sending an email to their support email address, which is provided on their website. They typically respond within 24 hours.
4. Knowledge Base: Forex.com's knowledge base is a valuable resource for traders of all levels. It contains articles and tutorials on various aspects of forex trading, including trading strategies, technical analysis, and risk management. Additionally, there is a comprehensive FAQ section that covers a wide range of topics.
5. Social Media: Forex.com has a strong presence on social media platforms like Twitter and LinkedIn, where they share news, market analysis, and other information related to forex trading. You can reach out to them on these platforms and expect a response within a reasonable amount of time.
I can't believe how slow the customer service is at forex.com. I've been waiting on hold for hours and still haven't gotten through.