FOREX.com vs FX247TRADERS
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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Safer pick FOREX.com leads on safety — winning 3 of 4
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓20
49
Verdict
Low risk
Guarded
Regulatedⓘ
Yes
No
Licenses
✓7
0
Tier-1 regulatorsⓘ
✓6
0
Trustpilot score
4.6
—
Reviews collected
2446
—
Exit riskⓘ lower = safer
Low risk
—
Known clonesⓘ
10
✓0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
$5000
Max leverage
—
1:500
Min spread (best acct)
from 0
—
Commission
$5
✓$0
Cost grade
AAA
—
Account types
3
3
Best for
Suits
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
High-risk tolerance traders, Speculators seeking high leverage (up to 1:500), Traders with large capital ($5,000 minimum deposit)
Not for
Traders who require ultra-fast withdrawals, Those who prefer minimal KYC and quick account opening, Traders sensitive to occasional platform glitches
Beginner or small-balance traders, Regulation-conscious investors, Traders seeking diversified asset classes (stocks, commodities, indices)
Products & Funding
Instruments
Forex, Indices, Commodities, Cryptocurrencies, Stock CFDs, ETFs
Fx-Currencies, Crypto Currencies
Deposit methods
Neteller, Skrill
--
Withdrawal
—
--
Execution
Speed
AAA
—
Slippage
AAA
—
Swap cost
AAA
—
Company
Founded
2017-09-07
2023-01-06
Headquarters
🇺🇸 United States
🇺🇸 United States
Employees
14
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.