๐Ÿ”Ž
ยทยทยทยทยท
โ† All brokers

Forex.com

Forex, CFDs & stocks ยท since 1999
4.4
/ 5 โ˜…
RegulationCFTC, FCA, ASIC, CIMA
Min. deposit$100
Leverage1:1 โ€“ 1:500
PlatformsMT4, MT5, propia, TradingView
InstrumentsForex, CFDs & stocks
Founded1999
๐Ÿ›๏ธ Which entity will open your account?
๐Ÿ“ Pick your country above and we'll tell you exactly which entity opens your account at Forex.com.
How is this decided and how do I verify it? โ†’

Regulation by region

The entity you sign with โ€” and your protection โ€” changes depending on where you live.

United Kingdom
FCA regulated with FSCSMarket maker
StoneX Financial Ltd (FRN 446717) โ€” FSCS ยฃ85,000
European Union
EU-regulated entity with ICFMarket maker
StoneX Europe Ltd (CySEC) โ€” ICF โ‚ฌ20,000
United States
FCM/RFED CFTC and NFAMarket maker
GAIN Capital Group LLC (NFA 0339826, CFTC FCM/RFED) โ€” no compensation (segregated funds)
Australia
ASIC regulated, no compensationMarket maker
StoneX Financial Pty Ltd (AFSL 345646) โ€” no compensation
Rest of the world
Cayman offshore armMarket maker
StoneX (Cayman entity, CIMA) โ€” no compensation

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

United StatesNFARegulatedMarket makerNFA 0339826
United KingdomFCARegulatedMarket makerFRN 446717
CyprusCySECRegulatedMarket maker400/21
AustraliaASICRegulatedMarket makerAFSL 345646
CanadaCIRORegulatedMarket maker
SingaporeMASRegulatedMarket makerCMS
JapanJFSARegulatedMarket maker
Cayman IslandsCIMAOffshoreMarket maker25033

Account types

Standardno commission, all the cost in the spread
Commission (RAW)raw spreads plus commission per side
DMA / Prodirect access and institutional pricing for high volume

Pros

โœ“Top-tier regulation
โœ“Funds with compensation scheme
โœ“Transparent operation
โœ“Good reputation

Cons

โœ—Outside your region, offshore entity
โœ—Very high leverage (more risk)

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Top tier22/22 pts
Why: StoneX group (NASDAQ:SNEX) + CFTC/NFA + FCA 446717 + ASIC + MAS. US/UK/AU/SG clients under tier-1; rest of the world via GAIN Global Markets (Cayman Islands, CIMA) = offshore
Withdrawals / payments: Isolated complaints10/20 pts
Why: Trustpilot 4.6 mostly fine, with recurring withdrawal/KYC delays; no systemic denial
Fund safety: Full (with compensation)15/15 pts
Why: segregated at tier-1 banks + negative balance + UK FSCS GBP85k in regulated markets; the Cayman entity gives no compensation
Transparency: Clear10/10 pts
Why: listed group; minor historical fines (NFA/CFTC)
Reputation: Strong10/10 pts
Why: GAIN Capital since 1999, 750k+ clients; Trustpilot 4.6
Costs: Average4/8 pts
Why: Standard EURUSD ~1.0-1.4 pip; RAW account available + commission

Trader reviews

Real experiences with Forex.com. Comments go through moderation before being published.

No reviews yet. Be the first.