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FOREX.com review

Forex and CFD broker with broad currency coverage, US availability and a mix of proprietary and MetaTrader platforms.

8.6/10

Editorial score based on fees, regulation, protection and platform quality.

US forex tradersCurrency-pair coveragePlatform choiceForex / CFDs

Forex trading uses leverage and can produce rapid losses.

Rating breakdown

How the broker scores

Rated for regulation, forex/CFD costs, platform fit, market access, funding workflow and risk controls.

Fees
8.4
Regulation
9.1
Investor protection
8.7
Platforms
8.6
Assets
8.3
Research
8.3
Support
8.3
Usability
0
Reputation
8.7
Reliability
8.7

Regulation and protection

CFTC/NFA, FCA, CIRO, ASIC and other entities. Entity-specific client protection rules

Fees to check

Core fee data is pending.

Best fit

US forex traders, Currency-pair coverage, Platform choice

Available countries

Country availability needs to be checked before publication.

Bottom line

FOREX.com at a glance

Forex and CFD broker with broad currency coverage, US availability and a mix of proprietary and MetaTrader platforms.

8.6/10 editorial score
Best for
  • US forex traders
  • Currency-pair coverage
  • Platform choice
Key fees to check
  • Spreads and commissions
  • Swap or overnight financing
  • Withdrawal or inactivity fees
Regulation
CFTC/NFA, FCA, CIRO, ASIC and other entities
Client protection
Entity-specific client protection rules
Account minimum
Varies by region and account type
Assets
Forex / CFDs
Platforms
Web / iOS / Android / Desktop
Countries
Check local availability
Before opening an account: verify spreads, swaps, fees, product availability, regulation and client protection for your country. Trading involves risk, and protections vary by legal entity.
Choose this broker if
  • The broker matches your country, account type, product needs and fee sensitivity.
  • You can verify regulation, client protection and account terms for your legal entity.
  • The platform fits how you actually trade, not just the headline rating.
Consider alternatives if
  • You have not checked the local fee schedule, product type and client-protection scheme.
  • You are choosing only by brand familiarity or a promotional offer.
  • The broker pushes products you do not understand, such as margin, options, CFDs or copy trading.
Fee snapshot
What to verify before opening
Account minimum
Varies by region and account type
Trading cost
Check spread and commission model
Swap / financing
Check overnight financing terms
Options or futures fee
Not listed / check availability
FX conversion
Check currency conversion terms
Inactivity fee
Check inactivity terms
What we verified
  • Broker profile, costs, platforms, regulation and client-protection notes.
  • Product availability by asset class and country where data is available.
  • Editorial fit against beginner, risk-managed, active trading and regional use cases.
  • Last checked: June 2026.
How we rate brokers/Editorial policy
Sources and freshness

How we checked this FOREX.com review

Broker terms can change by country, account entity and product type. We use official broker materials, fee schedules, legal documents and platform information as the starting point, then translate those details into practical reader checks.

Official sources checked

  • Official fee schedule and pricing pages
  • Legal entity, regulation and client-protection pages
  • Product, platform and account terms pages

Data points reviewed

  • Trading costs, supported products, account minimum and platform availability
  • Regulation, client protection and country availability
  • Risk warning, product type and editorial fit for the reader intent

Reader checks

  • Verify the latest official fee schedule before depositing money.
  • Confirm your account entity and client-protection context.
  • Check whether each product is spot forex, a CFD, option, future or margin product.
Freshness note: Key broker data was last checked on June 2026. Fees, product access, country availability and risk disclosures may change.

FOREX.com at a glance

FOREX.com is one of the more recognizable names in online currency trading. Its appeal is clearest for traders who want a forex-first broker with broad pair coverage, educational material and a choice between proprietary tools and MetaTrader-style workflows.

The broker can be especially relevant for US-based readers, where forex broker choice is narrower than in many international markets. Outside the US, product availability may include CFDs depending on the entity and country.

Who FOREX.com is best for

  • Currency traders who want a broker built around forex rather than a generic investing app.
  • US readers comparing regulated forex access.
  • Traders who want to choose between web, mobile and MetaTrader workflows.

It is not the right shortcut if you have not compared spreads, rollover costs and account terms for the specific entity that will serve you.

Forex pricing and account costs

With FOREX.com, focus on the total cost of trading the pairs you use most. Review typical spreads, active-trader pricing if available, rollover or swap charges, funding costs, withdrawal terms and any inactivity conditions.

Forex pricing is dynamic. A broker can look inexpensive on a major pair during liquid sessions and less competitive on crosses, exotics or positions held overnight.

Platforms, MetaTrader and research

Platform choice is a major part of the FOREX.com decision. The proprietary platform may suit traders who want integrated research and simpler account navigation, while MetaTrader may suit traders who already use indicators, templates or automated workflows.

Test order tickets, stop and limit behavior, chart synchronization and mobile execution before relying on the account for live trades.

Regulation and account entity checks

Confirm your local FOREX.com entity, regulator, eligible products and client money protections. US forex rules differ from UK, EU and other international CFD regimes, so do not assume that one review applies globally.

Bottom line

FOREX.com is a serious forex-focused choice, particularly for traders who want established currency coverage and regulated access. Compare it with OANDA, IG and Pepperstone if spreads, platform preference and jurisdiction matter to your decision.

Account-fit notes for FOREX.com

FOREX.com is most useful to evaluate as a forex-first brand with strong local availability checks in supported regions. The practical fit depends on the account entity, platform choice, pricing model and whether the available products match your risk limits.

Checks before funding

  • Verify local availability, product limits and margin rules, especially if US account rules matter to you.
  • Compare spreads, commissions, rollover, funding and conversion costs on the account you would actually open.
  • Review platform workflow, reporting and order controls before placing leveraged trades.

Useful comparison path

Start with OANDA vs FOREX.com when comparing forex-first account paths, then use the broader broker comparison hub if you need platform or CFD alternatives.

Read next

Guides to use before opening an account

Pair this broker review with a checklist. These guides cover the practical checks that can change the decision by country, account size and product type.

How to choose a forex broker

Compare regulation, spreads, account fit and red flags before opening an account.

Forex broker fees explained

Check spreads, commissions, swaps, FX conversion, funding and inactivity fees together.

Forex trading risk controls

Check leverage, position sizing, margin close-out rules and what protection does not cover.

Forex vs CFDs

Separate spot forex, CFDs and other leveraged products before using margin features.

Compare alternatives

Compare this broker with alternatives

If this broker is on your shortlist, compare it side by side before opening an account. Focus on trading costs, legal entity, client protection, product type and whether the platform fits your trading style.

OANDA vs FOREX.com

Two forex-first account workflows compared by pricing, platform and local entity fit.

Interactive Brokers vs XTB

Advanced multi-asset access compared with a cleaner forex and CFD workflow.

Plus500 vs XTB

CFD-first simplicity compared with broader research, education and platform tooling.

View all broker comparisons
Before you open an account

Final checks for FOREX.com

Use this checklist before clicking through to the broker. It is designed to catch the practical details that often matter most after a review: entity, product type, fees, protection, account records and risk.

Legal entity and regulation
CFTC/NFA, FCA, CIRO, ASIC and other entities

The regulator, compensation scheme and product permissions can vary by country.

Product type
Check forex, CFDs risk; verify leverage, margin and product permissions for your entity

Make sure you know whether you are trading spot forex, CFDs, options, futures or margin products.

Core costs
Check commission, spreads, FX, withdrawal and inactivity fees

Total cost can be very different from the headline trading commission.

Client protection
Entity-specific client protection rules

Client protection does not cover normal market losses, bad trades or leveraged product losses.

Country and tax workflow
Check local availability and reporting documents

Look for statements, account records, risk reports and transaction exports before relying on the account.

Final risk check
Forex trading uses leverage and can produce rapid losses.

Read the latest broker documents before depositing money.

Affiliate note: we may earn a commission if you open an account through links on this page. This does not affect our ratings, risk warnings or editorial conclusions.