Sterling reputation, low spreads, excellent customer service.
Relatively higher rollover rates, slow response regarding its web-based platform occasionally.
Superb online trading platform for both new and experienced forex traders. Forex.com stands on its own.
Forex.com FX Trading Platform Review - Does being the most popular FX platform mean it's the best?
Forex.com FX is one of the leading online trading platforms for foreign exchange (FX) trading and contracts for difference (CFD). It serves customers and trading partners in over 140 countries worldwide, with trading transactions in excess of $275 billion a month. Forex.com is one of the biggest and most popular brands in the retail forex industry. It is owned by GAIN Capital, which is among the pioneers in online forex trading.
Safety of your Money
Forex.com is regulated by a strong regulatory network in the U.S., U.K., Japan, and Australia. GAIN Capital Holdings, Inc., which is the parent company for Forex.com, has a healthy balance sheet and strong operating margins. It is a publicly traded company on the NYSE, which ensures corporate transparency, financial disclosure, and better corporate governance.
Fabulous Trading Tools
Forex.com provides the traders with diverse trading tools and research. It can help you to identify and execute trading opportunities successfully and efficiently. If you are an active forex trader, you can make use of professional grade trading tools, which range from the award-winning FOREXTrader PRO platform to MetaTrader 4.
Easy Web-based and Mobile Solutions
Forex.com FX trading platform provides integrated customer education, research, and support tools in a user-friendly and secure environment. You can access your account from anywhere, without the need for any software downloading. You also receive multiple mobile forex trading solutions that support a broad range of mobile devices, including smart phones and PDAs.
Forex.com provides streaming, executable prices. Every published price is good for $5 million of liquidity per click. You will not have to wait for third party price confirmations, and you will not have to worry about “indicative prices”. Price improvements are made available on all types of orders, based on available liquidity. Pricing transparency is ensured because Forex.com publishes its minimum and average spreads for each month.
You can view the live spreads to verify the tradable spreads at any given point of time. One of the things that goes strongly in favor of Forex.com is its relatively low spreads compared to its competitors. Despite being one of the top brands in the business, it works hard to remain one of the most price-competitive online trading platforms.
What Others are Saying
User opinion about Forex.com FX trading platform appears to be evenly divided between the good and the bad. Some customers are highly satisfied, but some others point out genuine issues such as the difficulty in determining their rollover rates, and the online trading system is slightly slow to operate. The overall response of customers remains mixed, and there is not any clear consensus.
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Company and Product Information
Forex Spreads Comparison
Reviewer has not owned or tested this product, all information contained in this review is based of research the feedback of others that may or may not have owned the product.
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