FOREX.com Broker
Rating: 4.5 / 5FOREX.com, founded in 2001 and now part of US-based publicly listed StoneX Group Inc, offers active traders a competitive pricing environment. Traders may use MT4, MT5, or the high-quality proprietary web-based and desktop alternatives. I conducted an in-depth review to determine whether the trading costs and order execution offered are really as good as this broker claims them to be. Is FOREX.com the right broker for you?
FOREX.com, founded in 2001 and now part of US-based publicly listed StoneX Group Inc, offers active traders a competitive pricing environment. Traders may use MT4, MT5, or the high-quality proprietary web-based and desktop alternatives. I conducted an in-depth review to determine whether the trading costs and order execution offered are really as good as this broker claims them to be. Is FOREX.com the right broker for you?
Trading Conditions
- Min Raw Spreads
- 0.0 pips
- Min Standard Spreads
- 0.8 pips
- Min Forex Commission
- $5 per $100K
- Trading Hours
- Currency PairsSunday 21:00 - Friday 21:00CommoditiesSunday 22:00 - Friday 21:00Crude OilSunday 22:00 - Friday 21:00GoldSunday 22:00 - Friday 21:00MetalsSunday 22:00 - Friday 21:00
Accounts & Funding
- Deposit Options
- Credit CardsWire TransferDebit Cards
- Deposit Fees
- No
- Withdrawal Options
- Credit CardsWire TransferDebit Cards
- Withdrawal Fee
- No
Trading Costs & Spreads
- EUR/USD
- 1.1 pips
- GBP/USD
- 1.3 pips
- Gold
- $0.63
- Bitcoin
- $60
- WTI Crude
- $0.035
- Inactivity Fee
- $15 monthly after 12 months
Pros
- Lower minimum deposit
- Islamic account available
- Good reputation
- Choice of account types
Cons
- Withdrawal fee
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