FOREX.com Review 2026

How safe is FOREX.com?

FOREX.comhas a trust score 95, from its regulation, reputation, and reviews.

1. Regulation

International clients open their accounts with GAIN Global Markets, Inc., which holds Securities Investment Business Licence 25033 from the Cayman Islands Monetary Authority (CIMA), granted under the Securities Investment Business Law (as revised) of the Cayman Islands. Its registered office is Walkers Corporate Limited, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, and the Customer Agreement, General Terms, last updated February 1, 2024, is governed by the law of the Cayman Islands. Dealing is not permitted for clients in the US or the Cayman Islands, and the table below sets out the entity.

Some of the abbreviations on this page are expanded to the regulator's full name: a broker regulated by ASIC is regulated by the Australian Securities and Investments Commission; by FCA, the Financial Conduct Authority; by CIRO, the Canadian Investment Regulatory Organization. AFSL is an Australian Financial Services Licence.

The CIMA Rules place every client in the Private Client category unless told otherwise, and moving out needs the client’s express consent, leaving no separate professional account. The company acts as principal rather than agent, so it sits on the other side of each position you open. Client money is held on trust, kept apart from the company’s funds, and stays out of its assets if it fails. Those funds may sit with a bank or third party the company approves, at home or abroad, under a different legal regime with set-off rights at that bank, and the agreement gives those accounts no deposit protection or guarantee, with interest only where the terms provide for it in writing. The margin close out level matches the margin requirement, and once reached the company can close every position at once, without prior notice, so expect no margin call first. Losses can run past the account balance, and neither the terms nor the site state negative balance protection. Major forex pairs reach a maximum of 200:1, and the agreement names no compensation scheme. Complaints go first to Client Management and then to the Complaints Manager, with a written reply due within 14 days, and the Cayman Islands courts hold exclusive jurisdiction, though residents of Egypt, Indonesia, Nigeria, China and Turkey go to LCIA arbitration in London.

The wider group holds licences that stay with their own companies: StoneX Financial Ltd with the FCA, StoneX Financial Pty Ltd with ASIC, StoneX Europe Ltd with CySEC, StoneX Financial Pte. Ltd. with MAS, GAIN Capital - FOREX.com Canada Ltd with CIRO and CIPF membership, and GAIN Capital Group LLC with the CFTC and NFA. Their retail leverage caps, the Pelican copy trading and the Active Trader rebates belong to those entities as well. Those licences sit with the StoneX group, yet if you open the international account it is with GAIN Global Markets, Inc., and you get none of their protections, a distinction I would weigh before depositing.

The MAS Financial Institutions Directory lists StoneX Financial Pte. Ltd. as a Capital Markets Services Licensee and Exempt Financial Adviser. If you are in Singapore, see our FOREX.com for Singapore traders for that entity’s record and its Singapore account terms.

2. Reputation

FOREX.com has been around since 1999, with headquarters in New Jersey, USA. Despite its premium domain name, FOREX.com shows surprisingly moderate search visibility. Its worldwide branded Google searches came to 60,610 in September 2026, ranking it twenty-fourth among the 61 brokers we track.

However, its web traffic tells a different story, with Similarweb reporting 1,583,000 global visits in February 2026, placing it as the 18th most visited broker-a significant discrepancy between search volume and actual site visits.

FOREX.com is operated by StoneX Group Inc. (NASDAQ: SNEX), a Fortune 100 company with a 100+ year track record. StoneX is a large financial services group, ranked #66 in the 2024 Fortune 500 list of the biggest United States corporations by total revenue.

Through its various subsidiaries (including StoneX Trading), StoneX serves more than 54,000 commercial, institutional, and payments clients, along with more than 400,000 active retail accounts across more than 180 countries. In Australia, FOREX.com is the rebrand of the long-running City Index Australia business, operating under the same StoneX Financial Pty Ltd entity (AFSL 345646). Both brands are owned by StoneX Group Inc.

Show all 66 countries

Country, 56 rows.

Country	2026 Monthly Searches
Bangladesh	320
Kenya	320
South Africa	260
Philippines	260
Turkey	260
Poland	260
Singapore	210
Mexico	210
France	170
United Arab Emirates	170
Spain	170
Brazil	170
Australia	140
Thailand	140
Malaysia	140
Vietnam	140
Uzbekistan	140
Ethiopia	140
Italy	110
Netherlands	110
Colombia	90
Morocco	90
Saudi Arabia	90
Ghana	90
Hong Kong	70
Uganda	70
Peru	70
Venezuela	70
Sweden	50
Argentina	50
Egypt	50
Taiwan	50
Algeria	50
Dominican Republic	50
Cambodia	50
Austria	40
Switzerland	40
Chile	40
Sri Lanka	40
Tanzania	40
Cyprus	30
Portugal	30
Ireland	30
Ecuador	30
New Zealand	20
Greece	20
Jordan	20
Guatemala	20
Panama	20
Honduras	20
Bolivia	10
Botswana	10
Costa Rica	10
Mongolia	10
Uruguay	10
Mauritius	10

3. Reviews

Our score for FOREX.com is set against every other broker on broker reviews.

What traders say about FOREX.com

What other review sites say about FOREX.com

These are ratings of FOREX.com from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	4.6 / 5	2,508	Oct 1, 2026
TradingView	4.5 / 5	14,369	Oct 2, 2026

FOREX.com holds a Trustpilot rating of 4.6 out of 5 from 2,508 reviews, checked Oct 1, 2026.

On TradingView, FOREX.com is rated 4.5 out of 5 from 14,369 ratings, checked Oct 2, 2026. The TradingView profile for FOREX.com shows 192.4K traders, the count of those who have connected an account through TradingView. TradingView shows the Best 2025 badge on the profile.

App Store and Google Play ratings for FOREX.com

Our score is based on published criteria and is not influenced by these third-party ratings.

How popular is FOREX.com?

FOREX.com drew 60,610 branded Google searches in September 2026, placing it 24th of the 61 brokers ranked in this market, outside the top 10. Search interest measures attention, not quality; the score above is the review verdict.

24of 61Search interest rank

60,610

Brand searches, September 2026

0.0%

vs August 2026

3,620

Login searches

1.0%

Share of all searches

Source: Google search volume, Worldwide, September 2026.

How this is measured

Google Ads reports how many times a month people searched each broker's brand terms, and the brokers are ranked on that figure alone.

A term counts for a broker only when that broker's own website holds the first organic Google result for it; bare brand words that any company could own are left out.

A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.

The figures refresh on the 15th of each month with the newest month Google has published, and the first-result check repeats every quarter.

FOREX.com by market, September 2026

Market	Rank	Brand searches	vs August
Worldwide	24 / 61	60,610	0.0%
the United States	3 / 5	3,730	+0.5%
Canada	7 / 10	1,490	0.0%
Singapore	8 / 9	270	n/a
Malaysia	11 / 16	180	n/a

Source: branded Google search volume, September 2026, covering Worldwide, the United States, Canada, Singapore, Malaysia.

FOREX.com at a glance

FOREX.com spreads and fees

What trading FOREX.com costs

One standard lot of EUR/USD on FOREX.com's standard account costs US$12.00 for the round turn: 1.2 pips of spread (US$12.00), with no commission.

Cost of trading EUR/USD with FOREX.com, at 1 standard lot and 20 trades a month

Account	A month of trading	One round turn, 1 lot
One spread, no commission1.2 pips, published average	US$240.00	US$12.00

A pip on EUR/USD is US$10.00 per standard lot, so the cost of a round turn is the spread in pips times that, plus any commission. The cost table above prices a round turn for FOREX.com's account with a single spread and no commission. Its other account carries a commission that varies rather than a single flat figure per lot (our record reads: DMA Account $0M - $100M - $6.00 $100M - $250M - $4.00 $250M - $500M - $3.50 $500M - $1B - $3.00 $1B - $2B - $2.50 $2B+ -), so no one number can be multiplied out into a round turn.

GAIN Global Markets, Inc. runs three retail accounts, listed below: the Standard account, the RAW Spread account and the MetaTrader (MT5) account. The CIMA Rules treat all clients as Private Clients by default, and moving out of that category requires the client’s express consent, while the site offers no separate professional account. I suggest working down that list to match an account to a platform.

• Standard: no commission on forex; EUR/USD from 0.8 pips on the account pages (1.0 on the trading-costs page); web, desktop, mobile and TradingView; forex, indices, commodities, crypto, share CFDs and ETFs
• RAW Spread: forex majors from 0.0 pips plus US$5 per US$100,000 traded; web, desktop, mobile, and MT5 through a RAW Spread MT5 account
• MetaTrader (MT5) account: EUR/USD from 1.0 pips, no commission; forex, indices, commodities and share CFDs

1. Raw Account Spreads

The RAW Spread account pairs spreads from 0.0 pips on the forex majors with a commission of US$5 per US$100,000 traded. It runs on the FOREX.com platform across web, desktop and mobile, and on MetaTrader 5 through a separate RAW Spread MT5 account. When 39 raw accounts were evaluated in April 2026, FOREX.com’s spreads came in above the average, and I think the structure still suits active traders.

Avg. spreads are taken from each broker’s website and updated monthly. Last update on 1 Sep 2026, corrected 12 Oct 2026

The table below tells a more encouraging story, with an overall 0.53 pips against a 0.69 average, tighter on EUR/USD, USD/JPY, GBP/USD, EUR/GBP, EUR/JPY and USD/SGD. Spreads ran wider on AUD/USD, USD/CAD and AUD/JPY. I would read the two results together, since an average hides which pairs a client actually trades.

2. Raw Account Commission Rate

The commission is US$5 per US$100,000 traded, which the page reads as US$10 for a round turn on one standard lot. The table that follows benchmarks that rate against the industry average. I think it is competitive for a raw account at this entity, though the spread data above matters more to the total cost.

3. Commission-Free accounts

The Standard and MetaTrader (MT5) accounts charge no forex commission. Standard advertises EUR/USD from 0.8 pips in its account pages and from 1.0 in the trading-costs listing, while the MT5 account starts at 1.0 pips. The Standard account runs on the FOREX.com platform and TradingView, and the MT5 account on MetaTrader. The table below shows EUR/USD at 1.2 pips against an industry 1.1, and I consider that close to par for a commission-free account.

4. Swap-Free Account Fees

If you are unable to accept and pay swap fees (also called rollover or overnight costs) for religious reasons, a swap-free account is available on request.

5. Other Fees

There is no charge for deposits and withdrawals at FOREX.com. If your account becomes inactive, there is a fee of $15 per month after 12 months.

Verdict on FOREX.com Fees

Overall, while FOREX.com combines the benefits of a spread-based and commission-based account, there are more cost effective brokers from our observation.

Deposits and withdrawals with FOREX.com

What is the minimum deposit at FOREX.com?

The minimum deposit at GAIN Global Markets, Inc. is $100, or the equivalent in another currency, which sits at the low end for a broker of this size. I consider it a low bar for most traders starting out.

Deposit Options and Fees

GAIN Global Markets, Inc. takes Visa and Mastercard in USD, EUR and GBP between $100 and $10,000, wire or bank transfer with no minimum or maximum, Skrill and Neteller between $100 and $10,000, and local-currency online transfer in USD, ARS, MYR, THB, VND, IDR, PHP, BRL, COP, CRC, CLP, MXN, PEN and ZAR. The image below shows the methods. I like the spread of local currencies for clients outside the major markets.

Withdrawal Options and Fees

The table below lists the funding methods at GAIN Global Markets, Inc. Third-party payments are not accepted, there is no PayPal, and deposits and withdrawals carry no fee.

Ease To Open An Account

We opened an account with FOREX.com in the U.S. to test out the Account Opening experience for ourselves.

We’ve listed the process, step-by-step below:

Step 1. Select A Platform

To begin, you must select a trading platform. US clients can choose FOREX.com’s proprietary software, MetaTrader 4, or MetaTrader 5 (RAW Pricing runs on the FOREX.com platform, TradingView or MT5, so MT5 is a choice rather than a requirement).

Step 2. Select A Product

Next, you must choose what account (FOREX.com call it a product, but it is an account) you’d like. For U.S. clients, you can choose either the Spread-Only or Raw Pricing account.

Step 3. Account Information

Then comes the account information, which includes basic personal details as well as your home address.

Step 4. Home Address

In addition to your home address, you’ll have to provide your identification and citizenship details. If you are a U.S. citizen, you’ll need to provide your social security number. Otherwise, if you are not a U.S. citizen, you’ll have to provide your ITIN (Individual Taxpayer Identification Number).

Step 5. Financial Details

Next, FOREX.com asks you for your basic financial details, which aren’t too intrusive. Key information required includes your annual income, employment status and trading experience.

Step 6. Verify Personal Information

After that, you’ll have to verify your personal information. This is simply to go over the information you’ve provided and ensure it is all accurate.

Step 7. Review Agreements

Once you ensure all your personal information is accurate, you’ll have to review FOREX.com’s customer agreement, which includes agreeing to IRS Tax requirements.

Step 8. Processing Your Application

FOREX.com will then briefly process your application.

Step 9. Account Verification

Once your application is processed, you’ll have to upload 3 documents to properly verify your account.

Step 10. Upload Documents

These 3 documents include a proof of identity, proof of address and proof of social security number. You’ll have to make sure each document meets the specific requirements that FOREX.com stipulate.

These three documents can be uploaded via your MyAccount portal using the username and password you created on the application. You cannot fund your account until this is provided.

FOREX.com trading platforms and app

GAIN Global Markets, Inc. runs four platforms: its own platform, MetaTrader 5, MetaTrader 4 and TradingView, and the list below names them. I think that counts as a real choice of Trading Platforms, since it spans a proprietary option, two MetaTrader generations and a dedicated charting package.

• FOREX.com: the broker’s own platform, on web, Windows desktop and mobile
• MetaTrader 4: in the download centre
• MetaTrader 5: through its own MetaTrader account
• TradingView: connected to a FOREX.com account

I would let the markets and tools a trader wants decide the platform, since each option serves a different workflow.

FOREX.com Trading Platform

FOREX.com’s proprietary platform is offered on desktop, as a WebTrader and via mobile app. In our opinion, the broker’s mobile app is one of the Best Forex Trading Apps as it is easy to use, with a fluid user interface and simple design. Highlights include powerful charts from TradingView with over 80 indicators, complex order types and an economic calendar.

FOREX.com’s desktop platform, meanwhile, is designed for experienced traders with sophisticated trading features such as 100 pre-defined charting indicators and a fully customizable dashboard.

Guaranteed stop-loss orders cover only some markets, with the premium shown in the market information, and crypto is excluded. I would check the premium before relying on one.

We, tested the broker’s WebTrader platform with our results reported below.

As the FOREX.com WorkSpace screenshot below shows, the WebTrader keeps its layout plain, so you can get around with little effort. Your total balance and margin are displayed at the top of the window, with a 1-click trading toggle you can switch on and off. We particularly liked the ease at which you can browse through markets and place a trade.

There is also an economic news tab at the bottom right corner which has live market updates while you trade. We found this useful to gain market insights on the fly.

FOREX.com’s WebTrader also grants you access to Trading Central, which can be directly integrated into the platform, for more technical market analysis. From the window below, we have a tab for Trading Central as well as an economic calendar, which shows a list of bank holidays. We found this both useful and easy to have a quick glance at more technical market insights before switching back to trading.

While trading, you can maximise your window to just focus on one market. While our team traded AUD/USD on the WebTrader, margin and minimum spread details sat in the left-hand panel and stayed easy to read. We also liked having the ability to customise our dashboard with news and an economic calendar on the right.

Making a trade is simply a matter of pointing and clicking, green to buy, red to sell. As mentioned earlier, you can toggle on 1-click trading, which will automatically buy or sell the desired market once you click. We prefer to leave this off, as you can set an associated stop or limit order in the trade ticket. There are also other useful details such as price tolerance and margin requirements which we found was a nice touch.

MetaTrader 4

FOREX.com also offers the MetaTrader 4 platform which is still one of the most popular forex platforms on the market. As a platform, it still ticks all of the boxes, without lashing out on features or trading tools.

Key features we like include the 30 technical indicators and 24 analytical objects available to analyse the markets. The platform is dependable and easy to use, which is why it has lasted so long and stayed popular.

Overall, however, we think FOREX.com’s proprietary platform outshines it in nearly every way, from usability to features. Nowadays, MT4 is starting to look a little primitive compared to more advanced platforms like MT5.

MetaTrader 5

MetaTrader 5 is available via the MetaTrader account or its own RAW Spread MT5 account, with expert advisors supported. I consider it a clear upgrade on MT4, improving on nearly every part of the older platform. That matters if algorithmic trading is the goal, since MT5 carries the more capable toolset of the two.

Key highlights of MT5 include more indicators (44 technical indicators and 38 analytical objects), more order types (6 vs 4) and the ability to trade on centralised exchanges. The latter point means you can trade more products, including shares, as MT4 only allows trading on decentralised exchanges.

I think MetaTrader 5 holds its own against the strongest platforms on the market, and it is the better MetaTrader option here.

TradingView

TradingView charts are built into the FOREX.com platform, and a full TradingView setup can be connected to a FOREX.com account, with its app on iOS and Android. I like that the charting carries across devices, so analysis started on the web continues on the phone.

FOREX.com app

Social and copy trading

FOREX.com does not offer a broker-operated copy trading or social trading network at any of its regulated entities. There is no ZuluTrade, DupliTrade, or in-house mirror trading service. TradingView ideas and charts, available where TradingView is offered, provide social-style content and community ideas but do not allow you to automatically copy another trader’s positions.

Where MetaTrader 4 or MetaTrader 5 is available, the built-in MetaTrader Signals marketplace is accessible, but this is a MetaQuotes product, not a FOREX.com service. There is no copy trading available to US clients.

Markets you can trade with FOREX.com

Everything GAIN Global Markets, Inc. offers is a CFD, and the US spot-only rule belongs to another company in the group. I think that is worth stating up front, since it shapes every product that follows.

CFDs

GAIN Global Markets, Inc. lists more than 80 currency pairs, more than 15 global indices, more than 6,300 share CFDs, commodities and metals, and ETFs on the Standard account. Crypto CFDs, including Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Cardano, Dogecoin and Solana, trade on the Standard account only, with none on the MT5 account. Forex is the strong suit: most brokers list somewhere between 40 and 65 pairs, and I consider the edge here real. Beyond forex, other brokers carry wider ranges.

Overall, while we think the amount of forex products (and shares) is impressive, there are definitely brokers out there with better product ranges.

The ranges above belong to GAIN Global Markets, Inc., and each other company in the group is covered in its own review.

Leverage

GAIN Global Markets, Inc. states leverage as a margin requirement, where a 1% margin equals 100:1 and a 0.5% margin equals 200:1, and every figure in the list below is a ceiling published on the company’s margin requirements page rather than an offer. I would treat those maximums as limits, not targets.

• Major forex pairs: up to 200:1 (0.5% margin); most crosses 100:1; exotic crosses 20:1 or 10:1
• Major indices: up to 200:1; Germany 40 Tages 400:1; smaller indices 100:1
• Oils, gas oil and cocoa: up to 100:1; most softs and grains 33:1; natural gas 20:1
• Gold: up to 200:1; silver 100:1
• Crypto CFDs: from 100:1 at the base tier, lower as positions grow

Step margin applies on the FOREX.com platform, lifting the margin requirement as position sizes grow, but not on MT4 or MT5. Losses can exceed the account balance, and positions may be closed at the close out level without any call, so I would size positions well inside the maximums: step margin is a helpful control, yet heavy losses remain possible at high leverage. Canadian readers have their own coverage in the FOREX.com Review for Canadian Traders.

FOREX.com customer service, research and education

FOREX.com offers a decent coverage of customer support, from email, to phone to a chat bot. You can contact the support staff 24 hours a day via the chat bot, although you have to go through a few prompts before being transferred to a real person. We found the support staff knowledgeable and helpful, with relatively quick response times.

While support is available 24 hours a day, this is only between 3pm on Sunday (GMT) and 10pm Friday (GMT). As such, you won’t be able to speak with anyone on Saturday. While this is a slight downside, it’s wider coverage than a lot of brokers offer.

When emailing, we found most queries were addressed within 24 hours which is fairly standard. If your query is fairly typical, there is also a FAQ section to cover most major topics.

Lastly, for those that don’t speak English, support is also available in Spanish, Portuguese, German, Chinese, Arabic, Polish, Russian, Hindi and Japanese.

Research and education

FOREX.com offers solid educational online resources, suited for beginners and experienced traders alike. This is separated out into education (courses, lessons and tutorials), news and analysis and webinars.

We particularly liked the courses that are split into beginner, intermediate and advanced for all levels of trader. There are also platform tutorials, which is particularly useful for newbies or even those wanting a good overview of FOREX.com’s trading platforms.

The lessons area carries nearly 100 articles in written form, arranged by level of experience as the courses are, spanning beginner, intermediate, and advanced users. I found these to be highly insightful and useful for general market analysis.

For more current market analysis, there are a range of research articles and trade ideas from the research team.

Lastly, there are a series of webinars, both old and new that you can register for. Each of these also specify how much trading experience is recommended for the webinar.

Our final verdict on FOREX.com

In my opinion GAIN Global Markets, Inc. under CIMA is a solid choice for a trader who wants a strong proprietary platform and one of the larger forex ranges around. The account suits active traders best, since the RAW Spread pricing rewards volume. I would not send a beginner here without reading the regulation section first.

Costs are competitive without being the cheapest: the RAW Spread account charges US$5 per US$100,000 traded, the Standard account carries no forex commission with EUR/USD from 0.8 or 1.0 pips depending on the page, and the minimum deposit is $100. An account left idle for a year starts drawing a $15 monthly fee. I think more cost-effective brokers exist, so the platform and product range have to carry the decision.

FOREX.com has been in business since 1999, and its parent, StoneX Group Inc., trades on NASDAQ. Client money is kept apart from the company’s funds on trust, which I take as a meaningful safeguard, though the protections tied to the group’s other licences stay with their own entities and never reach this account. The cautions deserve equal weight in my view: no negative balance protection is stated, and the agreement names no compensation scheme.

Article Sources

About Us - FOREX.com Timeline - FOREX.com US.

Five Reasons to Trade with Us - FOREX.com US

About Us - FOREX.com Timeline - FOREX.com CA.

For US traders, the conditions are different: RAW pricing from 0.0 pips and a USD 100 minimum deposit are covered in our FOREX.com Review for US Traders.