Offshore Forex Brokers Flagged Forex Brokers Scam Forex Brokers. Forex Brokers in India Top Forex Scams Wall of Shame Forex Reviews , Analysis and News. farm Review — 4 disturbing facts about Cryptocloudmining. farm Scammed by Cryptocloudmining. If so, MyChargeBack may be able to help you. Their expert team HedgeStone Assets is a scam broker, beware!

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With over years of collective experience in the Forex Industry, our experts provide the most in-depth coverage, analysis, and reviews for forex brokers. Market Research. We keep up to date with forex industry news and updates on over sources, so you don't have to. Identifying key aspects. We use state-of-the-art tools and techniques, and get first-hand information by manually testing everything outselves.

Selecting criterias. We look under the hood and identify factors and criteria which expose the scammers in this industry. Analyzing reviews. The industry is saturated with paid sponsored reviews. We don't, and we strive to cut the clutter and focus on facts. Preserving integrity. Businesses cannot pay us to remove content, lie or publish a fake review.

If we see something, you'll hear something. For Consumers. Powerful tools. to protect your investment. Providing verified unbiased and uncensored reviews. Sourcing information from more than global databases. Exclusive industry news, updates, and alerts. Learn More. Join our community. We are transparent. Submit your reviews. We expose scams. Have a story to tell and sell? We pay for anonymous tips. What you need to keep an eye on are trading fees and non-trading fees.

In the sections below, you will find the most relevant fees of Forex. com for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. We also compared Forex. com's fees with those of two similar brokers we selected, FXCM and Oanda.

This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of Forex. com alternatives. The company is regulated by several financial authorities, including the top-tier Financial Conduct Authority FCA in the UK and the US Commodity Futures Trading Commission CFTC. com is recommended for forex traders looking for low fees and great research tools. FXCM is a UK-based broker offering CFD trading on shares, stock indices, forex, commodities and cryptos.

FXCM was established in and its majority owner is the Jefferies Financial Group, which is listed on the New York Stock Exchange and has a background in merchant banking.

Commodity Futures Trading Commission CFTC involving fraudulent misrepresentation by FXCM to its customers and to regulators. FXCM is recommended for forex traders looking for easy account opening, funding and withdrawal. You can compare Forex. com and FXCM here in more detail. Oanda is a US-based forex broker founded in Oanda operates via several entities worldwide and is regulated by top-tier authorities, such as the US Commodity Trading Futures Commission, the National Futures Association CFTC and the UK's Financial Conduct Authority FCA.

Oanda is recommended for forex traders who value a user-friendly platform and great research tools. com and Oanda here in more detail. We know it's hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products. A typical trade means buying a leveraged product, holding it for one week and then selling. The leverage we used was:.

These catch-all benchmark fees includes spreads, commissions and financing costs for all brokers. Let's see the verdict for Forex. com fees. com forex fees are low , below those of its closest competitors. com has generally average CFD trading fees. The stock index CFD fees are low, while stock CFD fees are high. Stock index CFD fees are built into the spreads, while stock CFD fees are charged via commission. A spread is a difference between the buy price and the sell price. As forex and CFDs are OTC products, your broker can set the spread.

Wider spreads mean more expensive trading. Rollover rate or financing rate is charged when you hold your leveraged positions for more than one day. com rollover rates are Low. com's non-trading fees are average overall. com accepts customers from most countries , including the US. Notable exceptions include Hong Kong and New Zealand. If you are from Australia, you can only open an account at City Index , another brand operated by StoneX Group.

The required Forex. com provides three account types , which differ in their pricing structure and in the trading platforms available. When it comes to account ownership , Forex. com has additional options:.

com has a straightforward and fully digital account opening process. Online registration takes only minutes. Our account was verified in 2 business days, which is a bit slower than at some other brokers.

We ran into some problems during account verification. com rejected the uploaded proof of residency but did not tell us the reason. We believe they should give more information when something goes wrong. Yes, Forex. Note, that a demo account will expire after 30 days. At Forex. com, you can choose from 7 base currencies:. Why does this matter? For two reasons. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone. Compare digital banks. com charges no deposit fees.

You can only deposit money from accounts that are in your name. Withdrawal at Forex. com is free of charge. Methods for withdrawal are the same as for deposits.

How long does it take to withdraw money from Forex. When we tested withdrawal, it took several weeks because we had a problem with credit card withdrawal.

The reason for the problem was that Forex. com can't send money to some MasterCard and Visa credit cards. Instead of credit cards, we had to withdraw via bank transfer, but before doing so, customer service had to add and approve our bank account. It would be great to know in advance which cards are accepted for withdrawal and which are not.

com has two web trading platforms, Web Trader and MetaTrader 4. We tested Web Trader because it is Forex. com's own platform, while MetaTrader 4 is provided by a third party. It is extremely customizable. You can easily add, remove, or change the size and position of tabs to create your own unique trading platform. It also lets you pick between a light or dark theme and between "one-click" or "two-click" trading.

com provides only a one-step login. Two-step authentication would be safer here. The web trading platform has good search functions. You can search by typing the name of the product you're looking for or browsing a categorized product list. If you are not familiar with basic order types, read this overview. The alert function lets you know when an asset reaches a price target. You also get a notification when your orders get fulfilled.

This is a push notification, available on both web and mobile platforms. It is easy to set the alerts and notifications. com has clear portfolio and fee reports. You can find these under the 'Reports' tab and download them in PDF, XLS, XML and CSV. Similarly to the web trading platform, Forex. com provides two mobile trading platforms : Forex. com's own and MetaTrader 4's mobile trading platform. Both trading platforms are available on iOS and Android. In this review, we tested Forex. com's own trading platform on iOS.

The Forex. com mobile app is user-friendly and well designed. However, features were sometimes quite slow to load.

The search functions are good. You can search by typing the name of the asset you're looking for or browse product categories. com offers two desktop platforms, the Advanced Trading Platform and MetaTrader 4. Once again, we tested the Advanced Trading Platform as this is Forex. com's own platform, while MetaTrader 4 is a third-party platform. com's desktop trading platform has the same functionality as the web trading platform.

For example, you can use the same order types or price alerts. On the downside, the desktop trading platform is less user-friendly and the design feels outdated. It was hard to navigate the platform and it felt too crammed with functions. com offers MT4 platforms. If you want to learn how MetaTrader platforms work, read our article. com is a forex broker that also offers some CFDs. To learn more about CFDs read our CFD trading tips.

Note, that the products and services available to you at FOREX. com provides a great number of currency pairs and cryptocurrencies. The stock, stock index, ETF, and commodity CFD selections are also great. However, the exact number of available products differs significantly depending on which Forex. com entity covers you. FCA bans the sale of crypto-derivatives to UK retail consumers from 6 January Changing the leverage manually is a very useful feature when you want to lower the risk of your trade.

Be careful with forex and CFD trading, as the preset leverage levels may be high. Leverage enables traders to 'borrow' capital in order to gain a larger exposure to the forex market.

Larger trade size can be controlled with a limited amount of capital. According to the ESMA regulations, the maximum leverage which can be offered in the EU is , only for major currency pairs. According to the The Commodity Futures Trading Commission CFTC the maximum leverage in the United States is for major currency pairs and for all others. Margin is the amount of money needed to open a leveraged trade.

It acts as a deposit, you only need to pay a percentage of the full value of the position. A margin rate of 3. You can find Forex. com's research tools on its trading platforms or on the website under 'Market Analysis'. com provides trading ideas based on technical analysis. You can find them on the platform if you click 'Trading Central'. com has great charting tools. You can easily edit and save your charts.

There are around 90 technical indicators and many editing tools, such as Fibonacci retracement and trendlines. It also provides an economic calendar , which lists upcoming macro events. When you select an event, you can view a short summary and check historical data. You can also read market analysis written by Forex.

com's research team. You can find these articles under the 'Market Analysis' tab. We liked how news articles can be filtered based on various criteria.

Compare research pros and cons. We were really satisfied with Forex. com's phone support. They answered the phone instantly, and we got relevant answers. If you prefer using live chat, click 'Chat'. It opens a chatbot, which can answer only some basic questions, like "How can I deposit?

It's a bit more tricky if you want to talk to a real person. You have to type 'agent', after which the chatbot offers to connect you with a sales or support agent.

When contacting Forex. com via email, we received an automatic reply that answering may take up to 4 days, but eventually we got relevant answers within a day. We liked the quality and structuring of the videos. You can choose from different topics, like fundamental analysis or risk management. The quiz and trading glossary are unique educational tools. We found them really fun and useful.

By using the performance analytics tool you can understand your own trading behavior better. It provides insights based on your trading history from three angles: psychology, strategy and timing. com also provides webinars , which is a great platform for asking trading professionals directly.

Yes, it is regulated by several financial authorities globally , such as the UK's Financial Conduct Authority FCA , and the Commodity Futures Trading Commission CFTC and National Futures Association NFA in the US. com operates under several legal entities worldwide; which of these will serve you depends on your residency.

The investor protection amount you're eligible for depends on the country where the entity serving you is located. For example, if you are from the UK, you will sign up with StoneX Financial Ltd and will be eligible for investor protection of £85, StoneX Financial Ltd is regulated by the FCA, the UK's financial authority. com provides negative balance protection for clients belonging to StoneX Financial Ltd and StoneX Europe Ltd. for forex spot and CFD trading, but only for retail clients from the United Kingdom and the European Union.

com is a brand of StoneX Group, a US-based investment company. StoneX Group acquired GAIN Capital, Forex. com's parent company in This is important as a strong parent company lowers the chance that the company will go bust.

StoneX Group is also listed on the NASDAQ Stock Exchange. This is a big plus for safety as Forex. com releases financial statements regularly and in a transparent manner. com was established in The longer the track record of a broker, the more proof we have that it has successfully weathered previous financial crises. Having a parent company listed on a stock exchange, providing financial statements and being regulated by top-tier authorities are all great markers of Forex.

Find your safe broker. com is a great forex and CFD broker regulated by several financial authorities, such as the UK's FCA and the US CFTC. On the positive side, it has low forex fees , many tradable currency pairs, and high-quality research tools. It has some drawbacks though. Popular assets like real stocks or bonds are not available. Stock CFD fees are quite high, and the desktop platform is not easy to use. Since there is no inactivity fee unless you don't trade for one year, feel free to try Forex.

com today. We detailed this in our Forex. com fees article. Our ultimate guide to the Forex. com minimum deposit is updated regularly. Look no further than our evaluation of the Forex. com account opening. Here's our expert view after checking the Forex. com trading app. All you need to know about the Forex. com customer service. Is Forex. com legit features all the key aspects you need to look at to see if a broker is safe and legit.

A glance at actual costs and whether Forex. com is really free. We checked it in Is Forex. com good for beginners. Research for silver bugs in the Silver buy on Forex. com guide. We explored the topic in Can you trade options on Forex. Check out the current account balance requirements at Forex. com in our What is the minimum account balance at Forex.

com article. We collected them in Forex. com commission and fees. We tested it and collected the options and costs in How to withdraw money on Forex. Please select your country. Everything you find on BrokerChooser is based on reliable data and unbiased information. Read more about our methodology. Compare brokers. Compare Broker tool. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas.

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Offshore Forex Brokers Flagged Forex Brokers Scam Forex Brokers. Forex Brokers in India Top Forex Scams Wall of Shame Forex Reviews , Analysis and News.

farm Review — 4 disturbing facts about Cryptocloudmining. farm Scammed by Cryptocloudmining. If so, MyChargeBack may be able to help you. Their expert team HedgeStone Assets is a scam broker, beware! Here is the complaint of the customer against HedgeStone Assets： Cannot get response from the KuCoin vs.

Binance: Which Crypto Exchange is better? The popularity of cryptocurrencies has boosted the demand for crypto exchanges that support JamesandSons Company Fringilla est ullamcorper eget nulla facilisi etiam dignissim. Augue ut lectus arcu bibendum at Check documentation about auto contents Sit Ligula Metus Sem. Eget Elementum Amet Tellus Structured gripped tape invisible moulded cups for sauppor firm hold strong powermesh front liner What we do. Our Forex experts provide comprehensive reviews.

With over years of collective experience in the Forex Industry, our experts provide the most in-depth coverage, analysis, and reviews for forex brokers. Market Research. We keep up to date with forex industry news and updates on over sources, so you don't have to. Identifying key aspects. We use state-of-the-art tools and techniques, and get first-hand information by manually testing everything outselves.

Selecting criterias. We look under the hood and identify factors and criteria which expose the scammers in this industry. Analyzing reviews. The industry is saturated with paid sponsored reviews. We don't, and we strive to cut the clutter and focus on facts.

Preserving integrity. Businesses cannot pay us to remove content, lie or publish a fake review. If we see something, you'll hear something. For Consumers. Powerful tools. to protect your investment. Providing verified unbiased and uncensored reviews. Sourcing information from more than global databases. Exclusive industry news, updates, and alerts. Learn More. Join our community. We are transparent. Submit your reviews.

We expose scams. Have a story to tell and sell? We pay for anonymous tips. Start making a difference. Expose the corrupt, and get paid to do so. Submit Anonymous Tip. About Forex Industry.

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On the other hand, account verification takes around 2 business days, which is not the fastest on the market. Trading with a trusted forex broker is a crucial factor for success in international currency markets. Compare brokers. Interactive Brokers review. If you're a fan of mobile platforms — or trading forex on the go — see our picks for best forex trading apps here. A spread is a difference between the buy price and the sell price. com's research tools on its trading platforms or on the website under 'Market Analysis'.

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