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
WikiFX9/10
Trustpilot4.6/5
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.
20
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
  • Withdrawal complaints in ~11% of recent reviews
Exit Risk
13/100
89 reviews in the last 3 months, 12% negative, 2 withdrawal complaints
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)010%
Real-user sentiment88%

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 speed125.5 ms AAA
Avg slippage0.4 AAA
Swap ratingAAA
Trading cost ratingAAA
Monitored traders638
Monitored orders2,457
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 real-review picture is mixed but leans positive overall, with many traders praising the customer support and platform reliability. However, a significant minority report serious problems with withdrawals, including delays of weeks or even months, and some allege hidden fees or forced trade closures. While the broker is heavily regulated and generally trusted, these negative experiences highlight areas where service can fall short, particularly in account verification and payout speed.

Best for
  • Regulation-focused traders seeking a multi-jurisdiction licensed broker
  • Traders who value responsive customer support and a user-friendly platform
  • Those comfortable with standard account types and low spreads
Not for
  • Traders who require ultra-fast withdrawals
  • Those who prefer minimal KYC and quick account opening
  • Traders sensitive to occasional platform glitches
Period:
What users complain about
What users praise
Where reviewers are from
🇺🇸 US137
🇨🇦 CA28
🇦🇺 AU13
🇸🇬 SG11
🇬🇧 GB5
United States5
Positive vs negative · last 12 months Pos Neg
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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
🇮🇳 India
🇨🇦 Canada Licensed
🇦🇺 Australia Licensed
🇯🇵 Japan Licensed
🇵🇰 Pakistan 3 complaints
🇩🇪 Germany EEA
🇬🇭 Ghana
🇦🇪 United Arab Emirates
🇵🇭 Philippines 1 complaint
🇵🇱 Poland EEA
🇸🇪 Sweden
🇰🇪 Kenya
🇸🇬 Singapore Licensed
🇧🇷 Brazil
🇿🇦 South Africa
🇲🇾 Malaysia
🇮🇩 Indonesia 2 complaints
🇨🇾 Cyprus Licensed
🇬🇧 United Kingdom Licensed 1 complaint
🇩🇿 Algeria 2 complaints
🇧🇴 Bolivia 1 complaint
🇰🇷 South Korea 1 complaint
🇹🇼 Taiwan 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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What FOREX.com says about itself as stated by the broker · not independently verified by FXCanary

Global Regulation and Trust

Forex.com states it is one of the most respected and trusted forex brokers, licensed and regulated by several reputable authorities including ASIC, FCA, FSA, NFA, IIROC, CIMA, and MAS, which enforce strict compliance and oversight.

Trading Platforms

The broker offers MetaTrader 5 and its own proprietary platforms, with features like advanced charting, automated trading, and a user-friendly interface.

Account Types

Forex.com provides multiple account types, including Standard, RAW Spread, and MetaTrader 5 accounts, with spreads starting as low as 0.0 pips on RAW Spread and no commission on Standard accounts.

Instruments and Funding

The broker advertises a wide range of tradable instruments including forex, indices, commodities, cryptocurrencies, stock CFDs, and ETFs, and supports funding via Neteller and Skrill.

About FOREX.com

Overview

FOREX.com is a global online forex and CFD broker that has been operating since 2001. The company is headquartered in the United States, with its registered office at 30 Independence Blvd, Suite 300, Warren, NJ 07059. FOREX.com is a brand of GAIN Global Markets, Inc., a well-established financial services provider.

FOREX.com serves retail and institutional traders in over 180 countries, offering access to a wide range of financial markets. The broker is known for its strong regulatory framework, with licenses from multiple top-tier regulators, making it a popular choice for traders who prioritize safety and compliance.

Regulation and Safety

FOREX.com is regulated by several major financial authorities, including the National Futures Association (NFA) in the United States, the Australian Securities and Investments Commission (ASIC), the Financial Services Agency (FSA) in Japan, the Cyprus Securities and Exchange Commission (CySEC), the Canadian Investment Regulatory Organization (CIRO), the Financial Conduct Authority (FCA) in the United Kingdom, and the Monetary Authority of Singapore (MAS).

This multi-jurisdictional regulation ensures that FOREX.com adheres to strict operational and ethical standards. Clients benefit from segregated accounts, negative balance protection, and access to compensation schemes where applicable. The broker's regulatory oversight is a key factor in its reputation as a trusted and reliable trading partner.

Trading Platforms

FOREX.com offers a variety of trading platforms to suit different trader preferences. The most popular is MetaTrader 5 (MT5), which provides advanced charting tools, automated trading capabilities, and a user-friendly interface. Additionally, the broker offers its own proprietary web-based and mobile platforms, designed for seamless trading on the go.

All platforms are equipped with real-time quotes, advanced order types, and risk management tools. Traders can also access a range of educational resources and market analysis directly through the platforms, enhancing their trading experience.

Account Types

FOREX.com provides several account types to cater to different trading styles and experience levels. The Standard account offers spreads as low as 0.8 pips and no commission, making it suitable for beginners and casual traders. The RAW Spread account features spreads from 0.0 pips with a commission of $5 per $100k traded, ideal for scalpers and high-volume traders.

For those who prefer MetaTrader 5, the MT5 account offers spreads from 1.0 pip with no commission. All account types provide access to a wide range of instruments, including forex, indices, commodities, cryptocurrencies, stock CFDs, and ETFs, allowing traders to diversify their portfolios.

Instruments and Markets

FOREX.com offers a comprehensive selection of tradable instruments across multiple asset classes. Clients can trade over 80 currency pairs, including major, minor, and exotic pairs. Additionally, the broker provides access to major global indices, commodities such as gold and oil, and a variety of cryptocurrency CFDs.

Stock CFDs and ETFs are also available, enabling traders to speculate on the performance of individual companies and sectors without owning the underlying assets. With such a diverse range of markets, FOREX.com caters to traders with different strategies and interests.

Funding and Withdrawals

FOREX.com supports a range of deposit and withdrawal methods to accommodate clients worldwide. The broker lists Neteller and Skrill as available deposit methods, and offers multiple withdrawal options. Processing times vary depending on the method, with bank transfers typically taking a few business days.

The broker emphasizes the security of client funds and employs advanced encryption technology to protect financial transactions. While some users have reported delays in withdrawals, the majority of clients experience timely processing, and the broker's regulatory obligations ensure that client funds are handled with care.

Customer Support and Education

FOREX.com provides customer support via live chat, phone, and email, available 24/5 during market hours. The support team is known for being responsive and helpful, with many users praising individual agents for their professionalism. The broker also offers a comprehensive education center, including webinars, tutorials, and market analysis, to help traders improve their skills.

With a strong focus on client satisfaction, FOREX.com aims to provide a supportive trading environment for both new and experienced traders. The combination of robust regulation, diverse trading products, and quality support makes FOREX.com a solid choice for many.

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