Forex.Com Forex Broker review

Forex.Com with its office in Australia United Kingdom and United States was founded in the year 1999 and also started their internet based online trading service the same year. It is a part of GAIN Capital Group and is dedicated to the service of all the fund managers and also the forex traders all over the globe. The company provides to its customers forex trading platform for institutional traders which is known by the name FOREXTrader Pro. They also offer a very powerful real time forex chart which helps the traders in smooth trading. They offer various features like free education which is available free of cost on the company’s website. They also have features like pending orders and trailing stops. One click trading facility also is available which help them in fast execution of trade. The payment options are limited and deposit and withdrawal of funds can be made using check, credit/debit cards and wire transfer. The account currency which is allowed to the traders is Euro, GBP and USD. There are 46 currency pairs offered by the company to its customers.

The company is a well regulated one and is registered with ASIC, ABN, CFTC/NFA, FSA (Japan) and FSA (UK). The traders from United States are not allowed to trade from their account. Their website and customer support service is available in 5 and 4 languages. The website is very easy to browse through and is very informative. They have tutorials, videos and webinars available for free on the website. The customer support staffs are very friendly and can be reached using call back, live chat, phone, email and one can also contact them at office. The trading platform for both demo and real accounts are Meta Trader 4, FOREXTrader PRO and GAIN GTX and all of them are very easy to use and helps in fast execution of trade.

The reviews of the forex company are posted online by their users and are a great source of information required while choosing a company. The reviews for forex.com are quiet positive and most of them talk about their trading platforms which are varied and loaded with features which help them in making the trade successful. They offer 46 currency pairs to trade in and are liked by many as it includes all the major pairs. They offer both standard as well as mini account and the minimum deposit required to open an account with them is $250 which is comparatively low. Also, the multilingual website and customer support service is liked by many and is very helpful. Some of the cons of trading through them is that they have very limited payment options and that they do not have any trading instrument other than forex. The leverage also is as low as 1:200. Some consider that the minimum deposit to open an account with them can still be lowered. The overall review is good and the average rating given to them by their users is 5.5 out of 10.

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