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FOREX.com Review US 2026

#3 of 6 US forex dealers we rate, by global score

Our global rating: 67.6 out of 100, strongest on Education (9 out of 10) and weakest on Funding (5.3 out of 10).

GAIN Capital Group LLC is a CFTC-registered RFED and FCM with NFA ID 0339826, an NFA member since 2004. FOREX.com's US site does not list the base currencies an account can be opened in, so confirm these before opening an account.

Your monthly costSpread-only account, EUR/USD: 1.2 pips, advertised, as low as (US site, September 23, 2026)
at least US$120.00a month to trade 10 standard lots
CFTC-registered RFED and FCM: GAIN Capital Group LLC · NFA ID 0339826 · NFA member since July 29, 2004
NFA BASIC read:
Min deposit
US$100, advertised
NFA ID
0339826
Registration
FCM, RFED
Products
Spot forex, no CFDs
US ACCOUNT Spread-Only account opened and funded September 24, 2026 See capture Methodology
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Trading Forex and CFDs with leverage poses significant risk of loss to your capital.

What trading FOREX.com costs

One standard lot of EUR/USD on FOREX.com's Spread-only account costs at least US$12.00 for the round turn: 1.2 pips of spread (US$12.00), with no commission, on the "as low as" spread the US site advertises rather than a figure we measured.

Cost of trading EUR/USD with FOREX.com, at 1 standard lot and 20 trades a month
AccountA month of tradingOne round turn, 1 lot
Spread-only1.2 pips, advertised, as low as (US site, September 23, 2026) at least US$240.00 at least 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.

Ready to see the platform?

Our verdict on FOREX.com

I would point a US spot forex trader at FOREX.com for its range of account pricing and the platform choice the US site lists, including MetaTrader and TradingView. The thing that would give me pause is the firm's NFA record: four regulatory actions listed on BASIC, the latest a US$700,000 fine in case 22BCC00012, effective December 22, 2022. The published score is 67.6 out of 100, and it is our global score, not the result of any test of the US entity.

The recommendation stands for a US spot forex trader. Against it sits that regulatory record, which NFA BASIC lists against NFA ID 0339826. Check the firm's BASIC profile and the broker's own US site before you deposit.

Pros

  • GAIN Capital Group LLC has held its Forex Dealer Member designation since October 7, 2010 (NFA BASIC).
  • The US site lists MetaTrader 4, MetaTrader 5, TradingView, and the FOREX.com platform.
  • The RAW pricing account charges US$7 per US$100k traded, with no commission on Spread-only (the site states).
  • A demo account runs for 90 days on the full-featured platform (US site).
  • Funding routes include ACH bank transfer, wire, and debit card (the site's FAQ).

Cons

  • Four NFA regulatory actions are listed against this NFA ID, the latest a US$700,000 fine (case 22BCC00012, December 22, 2022).
  • The US site does not list the base currencies an account can be opened in (pages read September 23, 2026).

FOREX.com score breakdown

CFB score 67.6 of 100: each area's rating
AreaRating
Trading Costs6/10
Trading Experience6.75/10
Trust8/10
Trading Platform7.5/10
Customer Service5.9/10
Range of Markets5.5/10
Education9/10
Funding5.3/10
How is our rating calculated?
NFA BASIC profile of GAIN Capital Group LLC, NFA ID 0339826, showing its CFTC registrations and NFA membership status
The NFA BASIC profile of GAIN Capital Group LLC, NFA ID 0339826, as read on September 23, 2026. NFA BASIC

How popular is FOREX.com in the United States?

FOREX.com ranked 3rd for search interest among the 5 CFTC-regulated brokers in our search-interest ranking in August 2026, on 3,710 branded Google searches from the United States, behind Interactive Brokers. Search interest measures attention, not quality; the score above is the review verdict.

3of 5Search interest rank
3,710
Brand searches, August 2026
+22.8%
vs July 2026
1,950
Login searches
1.6%
Share of all searches

Source: Google search volume, the United States, August 2026.

How this is measured

Google Ads reports how many times a month people in the United States 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 in the United States; 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.

Is FOREX.com safe? CFTC and NFA registration, GAIN Capital Group LLC

Yes, I consider GAIN Capital Group LLC a safe US broker to contract with, on what NFA BASIC shows.

Ten facts on FOREX.com registration and enforcement, each with the record it comes from.
What the record says about FOREX.com, one row per fact, each with the document or test it comes from.
FactWhat the record saysSource
Legal name on NFA BASICGAIN Capital Group LLCNFA BASIC, read September 23, 2026
NFA ID0339826NFA BASIC, read September 23, 2026
CFTC registration: Futures Commission MerchantEffective July 29, 2004NFA BASIC, read September 23, 2026
CFTC registration: Retail Foreign Exchange DealerEffective October 7, 2010NFA BASIC, read September 23, 2026
NFA membershipNFA Member Approved, since July 29, 2004NFA BASIC, read September 23, 2026
Forex Dealer Member designationApproved October 7, 2010NFA BASIC, read September 23, 2026
Regulatory actions (NFA, CFTC and exchange) listed in NFA BASIC4 listed, latest December 22, 2022 (case 22BCC00012)NFA BASIC, read September 23, 2026
CFTC press releases naming the firm as subject1 found, latest 8263-20 on September 29, 2020CFTC press release 8263-20, searched September 23, 2026
Former names on NFA BASICGAIN Capital Group IncNFA BASIC, read September 23, 2026
Entity and NFA ID printed on the US siteNFA ID 0339826 printed with the entityBroker's US site, read September 23, 2026

CFTC registration and NFA membership

GAIN Capital Group LLC has held the NFA’s Forex Dealer Member designation since October 7, 2010. An NFA ID identifies the firm on BASIC; it is not a license.

This page covers GAIN Capital Group LLC, the FOREX.com entity a US client contracts with, while our FOREX.com review covers the brand worldwide.

Regulatory action history

  1. NFA case 22BCC00012: General conduct

    Fine $700,000

  2. CFTC Orders New Jersey Firm to Pay $300,000 for Supervision Violations
  3. NFA case 19BCC00009: General conduct

    Fine $50,000

  4. NFA case 10BCC00015: General conduct

    Fine $459,000; Other, see narrative

  5. NFA case 06BCC00037: General conduct; Sales practice

    Fine $100,000

Also named by the CFTC, without action against GAIN Capital Group LLC:

Source: NFA BASIC, nfa.futures.org, and the CFTC press release library, cftc.gov, searched September 23, 2026.

FOREX.com client money

A US client contracts with GAIN Capital Group LLC, the firm whose registrations the safety section shows. The CFTC’s monthly financial data for July 2026 shows a retail forex obligation of US$204,121,663 and adjusted net capital of US$82,904,419 for this firm. The rows below set out what the site says about where your money sits, so you can check the terms yourself.

Client money, as the US site states it: client money kept separate from the firm's funds in separate accounts (Broker's US site, read September 23, 2026)

Client money, as the US site states it: retail forex deposits are not subject to the customer funds protections of a designated contract market (Broker's US site, read September 23, 2026)

FOREX.com at a glance: 2 key facts

Minimum deposit: USD 100, minimum initial deposit (Broker's US site, read September 23, 2026)

Demo account: Available (90 days) (Broker's US site, read September 23, 2026)

FOREX.com spreads and commission

The US site prices EUR/USD two ways: a spread-only account with no commission and a RAW pricing account that adds one, with the figures in the costs section below. Neither figure was measured by us: the site advertises one as a minimum and the other as a typical median. Read both rows before you pick, since the pricing you end up on depends on the account you open.

What it costs to trade with FOREX.com

What a trade costs you here is the pricing in the table below this paragraph: a spread on each account, and a commission on one of them.

Four facts on FOREX.com fees, each with the record it comes from.
What the record says about FOREX.com, one row per fact, each with the document or test it comes from.
FactWhat the record saysSource
Spread-only account: EUR/USD spread1.2 pips, minimum ("as low as")Broker's US site, read September 23, 2026
RAW pricing account: EUR/USD spread0.1 pips, typical (the page defines Typical as the median spread available); "as low as" 0Broker's US site, read September 23, 2026
Spread-only account: commissionNoneBroker's US site, read September 23, 2026
RAW pricing account: commissionUSD 7 per USD 100k tradedBroker's US site, read September 23, 2026

Other fees a US trader should check

Fees beyond the spread and commission are for you to check on the US site’s trading costs page before you trade. I would read that page before your first deposit.

FOREX.com funding methods

Our team opened a live Spread-Only account on the web platform at GAIN Capital Group LLC on September 24, 2026. Approval came immediately after the final agreement, and this application required no ID document or selfie. We then requested a $250 ACH deposit through Plaid, and our screenshot confirms the request was received.

Three facts on FOREX.com funding, each with the record it comes from.
What the record says about FOREX.com, one row per fact, each with the document or test it comes from.
FactWhat the record saysSource
Funding routeACH bank transferBroker's US site, read September 23, 2026
Funding routewire transferBroker's US site, read September 23, 2026
Funding routedebit card (Visa, Mastercard)Broker's US site, read September 23, 2026
Screenshot of a FOREX.com Spread-Only account confirming an ACH deposit request was received.
Our team captured this confirmation that an ACH deposit request was received.

One caution for you: the screenshot shows the deposit request was received, not when the funds became usable. We have not established settlement timing or immediate availability, and no completed withdrawal appears in the evidence we reviewed. These checks confirm the account workflow, not trading performance.

The per-route limits, including the debit card minimum and the wire transfer terms, are on the site’s FAQ page, which I would read before your first deposit.

FOREX.com account types and minimum deposit

The rows below set out the account types and where the annual tax statement lives, while the minimum deposit and demo details print in the glance section above. I would choose Spread-only for one spread cost with no separate commission to track, and RAW when comparing spread plus commission for the pair and size traded suits you. Choose a preferred platform first, then confirm its availability for the selected account before opening it.

Account types on the US site: Spread-Only, RAW Pricing, MT4, MT5, Corporate (Broker's US site, read September 23, 2026)

Tax reporting, as the US site states it: annual statement available in WebTrader (Broker's US site, read September 23, 2026)

FOREX.com trading platforms

The platforms row in the markets table below lists what the US site runs: the FOREX.com platform, TradingView, MetaTrader 4, and MetaTrader 5. If you already trade on MetaTrader, the account types above include MT4 and MT5 options, so you can keep the platform you know.

FOREX.com app

FOREX.com's app FOREX.com Forex Trading Broker is rated 4.6 out of 5 from 6,338 ratings on the United States App Store, checked Oct 1, 2026.

The United States App Store listing of FOREX.com Forex Trading Broker, captured Oct 1, 2026.
The United States App Store listing of FOREX.com Forex Trading Broker, captured Oct 1, 2026. Verified

Trade 80 FX Markets: FOREX.com is rated 4.7 out of 5 on Google Play (United States store) from 4.33K reviews shown worldwide, checked Oct 1, 2026.

The Google Play listing of Trade 80 FX Markets as shown in United States, captured Oct 1, 2026.
The Google Play listing of Trade 80 FX Markets: FOREX.com as shown in United States, captured Oct 1, 2026. Verified

FOREX.com execution speed and slippage

Our global panel holds no fill time for this US entity, and we hold no measurement of our own for it.

FOREX.com markets and currency pairs

Spot forex covers 80 currency pairs (the US site).

Five facts on FOREX.com markets and platforms, each with the record it comes from.
What the record says about FOREX.com, one row per fact, each with the document or test it comes from.
FactWhat the record saysSource
Product: Spot forexOfferedBroker's US site, read September 23, 2026
Product: Futuresselected futures through an affiliateBroker's US site, read September 23, 2026
Product: Optionsfutures options through the affiliate StoneX FuturesBroker's US site, read September 23, 2026
Product: CFDsNot available to US residentsBroker's US site, read September 23, 2026
Platforms on the US siteFOREX.com platform (web, mobile), TradingView, MetaTrader 4, MetaTrader 5Broker's US site, read September 23, 2026

FOREX.com leverage and margin for US clients

The rule is a minimum security deposit: 17 CFR 5.9(a)(1) requires 2% of the notional value on major currency pairs (50:1, our arithmetic) and 5% on all other pairs (20:1, our arithmetic). The EUR/USD margin the site states below sits at that minimum. NFA Compliance Rule 2-43(b) says a Forex Dealer Member may not carry offsetting positions in a customer account but must offset them on a first-in, first-out basis; the site’s FIFO statement prints below. The US pages read September 23, 2026 state no hedging policy for a client holding opposite positions.

Margin or security deposit, as the US site states it: EUR/USD margin requirement (MMR table) 2% (Broker's US site, read September 23, 2026)

FIFO, as the US site states it: On MetaTrader platforms all positions must be closed FIFO regardless of position quantity; elsewhere a closure not using the close functionality is done on a FIFO basis (Broker's US site, read September 23, 2026)

How FOREX.com compares with tastyfx and Interactive Brokers

On the global score, tastyfx sits above FOREX.com in our rated US set and Interactive Brokers sits below it, both on the same global basis. On cost, compare like with like: FOREX.com’s Spread-only minimum against tastyfx’s Standard minimum of 0.8 pips, both figures the sites state. FOREX.com’s RAW typical figure has no tastyfx counterpart on the same basis.

tastyfx charges no commission on Standard and Prime and US$5 per lot on Zero+, its site states. Interactive Brokers publishes no EUR/USD spread on its US pages and prices commission as 0.08 to 0.20 bps times trade size. Against the costs table above, you can place each broker yourself.

tastyfx suits you when its Standard account pricing, with no separate commission, and the ProRealTime option matter; our tastyfx review details both. Interactive Brokers fits traders who want spot forex, futures, and options from the same US firm, and our Interactive Brokers review covers that range. FOREX.com stands on its Spread-only and RAW pricing choice.

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.

PlatformRatingVolumeRead on
Trustpilot4.6 / 52,508Oct 1, 2026
TradingView4.5 / 514,369Oct 2, 2026

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

Trustpilot profile for FOREX.com captured Oct 1, 2026; the figure is the one shown that day and is recaptured monthly.
Trustpilot profile for FOREX.com captured Oct 1, 2026; the figure is the one shown that day and is recaptured monthly.

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.

TradingView profile for FOREX.com captured Oct 2, 2026, recaptured monthly.
TradingView profile for FOREX.com captured Oct 2, 2026, recaptured monthly.

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.

Should you open an account with FOREX.com?

Yes, I would point a US spot forex trader who wants MetaTrader or TradingView and the account choice the US site lists toward FOREX.com. Weigh the regulatory actions in the safety section against that.

I do not treat the low minimum deposit above or the demo as reasons on their own. Before you deposit, check the firm’s regulatory actions on NFA BASIC yourself and read the broker’s own US site.

Testing log

What this site recorded about FOREX.com, and when.
RecordDetail
US account opening, team recordSeptember 24, 2026, GAIN Capital Group LLC, live Spread-Only account
US funding observationACH through Plaid, $250 request received, funded status in the account record
US account evidence scopeAccount opening and funding, no measured US spread average or execution speed
NFA BASIC readSeptember 23, 2026, NFA ID 0339826
CFTC financial dataJuly 2026: retail forex obligation US$204,121,663, rank 1 of 6

About the author

Justin Grossbard, Co-Founder of CompareForexBrokers

Justin Grossbard

Justin Grossbard is the Co-Founder and CEO of CompareForexBrokers, which he established with Noam Korbl in 2014. He has over 20 years of professional experience in online marketing and holds a Master's in Marketing from Monash University.

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