Brokers  /  FOREX.com

FOREX.com

Low riskForex / CFD broker
🇺🇸 United States · 5-10 years · since 2017-09-07 · GAIN Global Markets, Inc.
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Independent ratingshow third parties score this broker
WikiFX8.27/10
Trustpilot/5
Forex Peace Army/5
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Regulated in your country (United States). FOREX.com holds a local license here, so local investor protections apply to your account.
23
Low risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC, CIRO, CYSEC, FCA, FSA, MAS, NFA
  • 16 user exposure/complaint reports filed
  • 6 withdrawal-related complaints reported
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration108%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameGAIN Global Markets, Inc.
Headquarters🇺🇸 United States
Founded2017-09-07
Years operating5-10 years
Employees14
Official websiteforex.com
Trading conditions
Avg execution speed127.2 ms AAA
Avg slippage0.9 B
Swap ratingAAA
Trading cost ratingAAA
Monitored traders636
Monitored orders2,277
Funding & instruments
Deposit methods6 · Neteller, Skrill
Withdrawal methods3 methods
InstrumentsForexIndicesCommoditiesCryptocurrenciesStock CFDsETFs
Registered address
30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA

Regulation & licenses · 7

RegulatorLicense typeLicense No.RegionStatus
NFAForex Trading License (EP)0339826United StatesRegulated
ASICMarket Making License (MM)345646AustraliaRegulated
FSAMarket Making License (MM)関東財務局長(金商)第291号JapanRegulated
CYSECMarket Making License (MM)400/21CyprusRegulated
CIRODerivatives Trading License (EP)UnreleasedCanadaRegulated
FCAMarket Making License (MM)446717United KingdomRegulated
MASMarket Making License (MM)UnreleasedSingaporeRegulated

Account types · 3

AccountMax leverageMin. depositMin. spreadCommissionEA
MetaTrader 5----as low as 1.0None
RAW Spread----as low as 0.0$5 USD commission per $100k USD traded
Standard----as low as 0.8None

Review analysis AI

The entity presents as a clone of the well-known FOREX.com, using a different domain and founding date. While the known facts list strong regulation, the domain mismatch casts doubt on the authenticity. Traders should avoid depositing until independent verification confirms the broker's legitimacy.

Best for
  • Traders seeking a multi-regulated broker (if verified)
  • Users of MetaTrader 5
  • Investors wanting exposure to diverse asset classes
Not for
  • Traders requiring full transparency on fees and leverage
  • Those who prioritize consistent brand identity and verified domain
  • Beginners needing straightforward onboarding
Period:

Real user reviews

Where FOREX.com operates

Active across 89 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇺🇸 United States Licensed 2 complaints
🇨🇦 Canada Licensed
🇮🇳 India
🇯🇵 Japan Licensed
🇩🇪 Germany EEA
🇦🇺 Australia Licensed
🇪🇸 Spain EEA
🇰🇪 Kenya
🇸🇬 Singapore Licensed
🇻🇳 Vietnam 1 complaint
🇵🇰 Pakistan 3 complaints
🇲🇾 Malaysia
🇧🇩 Bangladesh
🇹🇭 Thailand 1 complaint
🇹🇷 Turkey
🇧🇷 Brazil
🇵🇭 Philippines 1 complaint
🇸🇪 Sweden
🇨🇾 Cyprus Licensed
🇬🇧 United Kingdom Licensed 1 complaint
🇩🇿 Algeria 2 complaints
🇧🇴 Bolivia 1 complaint
🇮🇩 Indonesia 2 complaints
🇰🇷 South Korea 1 complaint

🇪🇺 Passported across 15 EU/EEA countries under its EU license.

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About FOREX.com

Overview

FOREX.com is presented in our records as a global forex and CFD broker registered in the United States. The entity claims to operate under the official domain aqdyfj.cn, which is distinct from the well-known FOREX.com brand typically associated with GAIN Capital. Despite sharing the same name and regulatory references, this mismatch in domain and founding date (listed as 2017 rather than 2001) suggests a potential cloned or misleading entity.

Our review notes that the registered address provided—30 Independence Blvd, Suite 300, Warren, NJ 07059—is a real location used by GAIN Capital, but the domain aqdyfj.cn does not resolve to the official FOREX.com website. This raises caution for traders seeking the legitimate broker. In the absence of independent web results, we rely solely on the known facts, which may not be fully representative of the actual brokerage.

Regulation

The known facts list a total of seven regulatory authorizations: NFA (United States), ASIC (Australia), FSA (Japan), CYSEC (Cyprus), CIRO (Canada), FCA (United Kingdom), and MAS (Singapore). These are all top-tier regulators, which would normally indicate a highly secure and compliant broker. However, we cannot independently verify that these licences are held by the entity operating under aqdyfj.cn.

Each licence is recorded with its status as 'Regulated' and a specific license type, such as Market Making or Derivatives Trading. For instance, the NFA licence is listed as a Forex Trading License (EP), while ASIC provides a Market Making License (MM). The presence of multiple major regulators is a strong positive, but only if they genuinely belong to the broker in question. Given the domain discrepancy, traders should verify directly with the respective regulators.

Account Types and Platforms

Three account types are listed: MetaTrader 5, RAW Spread, and Standard. No minimum deposit or maximum leverage figures are provided, which is unusual for a retail broker. MetaTrader 5 is a popular multi-asset platform offered by many brokers, while RAW Spread and Standard likely refer to differing pricing structures—RAW Spread typically offering tighter spreads with a commission, and Standard being commission-free with wider spreads.

Without specific details on spreads, commissions, or leverage, it is impossible to assess the trading conditions. The absence of such critical information in our known facts limits the ability to compare this broker with others. Traders would need to contact the broker directly or seek independent reviews to obtain these figures.

Instruments

The broker claims to offer a diverse range of instruments including Forex, Indices, Commodities, Cryptocurrencies, Stock CFDs, and ETFs. This is a broad selection that covers major asset classes and would appeal to traders seeking diversification. Stock CFDs and ETFs allow for speculation on price movements without owning the underlying assets, while cryptocurrency trading is increasingly common among forex brokers.

However, as with other aspects, we cannot confirm the actual availability, liquidity, or trading conditions for these instruments. The legitimacy of the broker is crucial for ensuring that these instruments are traded in a fair and transparent environment. Our risk score of 23/100 (Low risk) is based solely on the known facts and may not reflect the reality of the entity behind aqdyfj.cn.

Social Media and Company Description

The known facts mention a presence on Instagram and YouTube, though no specific account names or links are provided. The company description claims that FOREX.com is one of the most respected and trusted forex brokers, founded in 2001 and regulated by multiple authorities. This description mirrors that of the legitimate GAIN Capital group, but the domain aqdyfj.cn does not align with the official FOREX.com brand.

This contradiction is a red flag: the description likely refers to the genuine broker, while the domain suggests a separate, possibly fraudulent entity. Traders should exercise extreme caution and avoid depositing funds without thorough verification. The lack of independent online information further complicates the assessment.

Conclusion

The FXCanary Scam Risk Score of 23/100 (Low risk) is assigned based on the information available, but should not be taken as a guarantee of safety given the domain anomaly. We advise traders to prioritize brokers with verified domains and transparent histories.

Overview compiled by FXCanary from regulatory records and public data. full FOREX.com review