With this program, high-volume traders can get up to 15 percent cash rebates per one million dollars in trades and other exclusive benefits. This account is designed for serious high-volume FX traders looking for maximum control. With a balance of $25,000, but does not grant access to the Active Trader program.

forex com broker review

FOREX.com offers a simple, fast, and fully digital registration process for customers in over 180 countries from across North America, Europe, and the Asia Pacific. https://www.forbes.com/advisor/investing/what-is-forex-trading/ To begin with, you need to make a minimum initial deposit of $50. The account management is made simple with its simple deposit and withdrawal process.

FAQ about Forex.com

Firstly, it is listed on the New York Stock Exchange, which makes it a trustworthy trading platform. Next, it employs the best account segregation and security dotbig review policies in place to safeguard customer funds during economic crises. The broker stores deposits at a network of banks, which prevents its misuse.

forex com broker review

Forex.com is a very credible trader having been in the industry for almost two decades. This translates to experience in giving clients what they need according to their respective needs giving them an awesome customer experience. While working on this review, we contacted the customer support Forex news team directly and tried to ask them some questions. The great thing is that they got back to us very fast, and were very professional and helpful. Forex.com offers traders many different Forex trading platforms, which gives you traders the ability to find the one that works perfectly for them.

Try Swiss Forex Marketplace

FAQs and website client support were satisfactory, but repeated attempts to contact via “live chat” proved to be unsuccessful. Social media support is not available, although they do have social media accounts where they post market analysis and company information. Clients can reach support representatives through a variety of methods including telephone, email, live chat, and through their social media channels. Support via these methods are available 24/7 and in multiple languages as Forex.com is an international trading brokerage. All the above-mentioned support methods work very well and respond in a timely fashion. The support representatives are generally very professional and friendly and provide the best supportive answers to any questions via email. Additional methods of support include the extensive and comprehensive FAQ page.

  • You can set up a Watchlist that includes mobile notifications of your choice, including notice of your orders.
  • Therefore, it is bound to provide traders a safe trading environment and facilitate secure online transactions.
  • It is easy to use and has an extensive range of features, and inexperienced investors can enjoy the vast amount of educational resources that the broker provides.
  • One of the most unique aspects of the Forex.com platform is the myriad of technical indicators and drawing tools available in the charting section called Autochartist.
  • For example in the Cayman Islands Forex.com is authorised and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands.

The clients using the service will benefit from the vast offer of destination countries and the instant availability of https://www.capterra.com/p/267769/DotBig/ transferred funds. The process of your account application isn’t complicated and should only take around 5 minutes.