FOREX.com vs Place Trade
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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These are different service types — a money-transfer service, bank or stockbroker isn’t a like-for-like alternative to a forex/CFD broker. Compare with that in mind.
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
48
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
—
—
Max leverage
—
—
Min spread (best acct)
from 0
—
Commission
$5
—
Cost grade
AAA
—
Account types
✓3
0
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
US stock and ETF traders, Investors seeking overnight trading options, Retirement planning
Not for
Traders who require ultra-fast withdrawals, Those who prefer minimal KYC and quick account opening, Traders sensitive to occasional platform glitches
Forex or CFD traders, Traders requiring regulatory protection, Beginners seeking a regulated broker
Products & Funding
Instruments
Forex, Indices, Commodities, Cryptocurrencies, Stock CFDs, ETFs
—
Deposit methods
Neteller, Skrill
—
Withdrawal
—
—
Execution
Speed
AAA
—
Slippage
AAA
—
Swap cost
AAA
—
Company
Founded
2017-09-07
2020-12-31
Headquarters
🇺🇸 United States
🇺🇸 United States
Employees
14
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.