When you close out a position, FOREX.com will show you a small summary of your trade and your overall net loss or gain. FOREX.com allows you to buy and sell over 80 currency pairs. It’s 1 of the most comprehensive currency trading providers in Forex the world. Popular assetslike real stocks or bondsare not available. Stock CFD fees are quite high, and the desktop platform is not easy to use. On the downside, the desktop trading platform is less user-friendly and the design feels outdated.
- In the sections below, you will find the most relevant fees of Forex.com for each asset class.
- Your reply is somewhat misleading traders on purpose to believe that UK brokers, for instance, are not allowed by their regulator to accept traders from other countries.
- Please reach out to our support team with any questions or concerns.
- Aslo, please note that CFDs are not available in the US – The products and services available to you at FOREX.com will depend on your location, and on which of its regulated entities holds your account.
- We recommend Forex.com for forex traders looking for low fees and great research tools.
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. Thank you for taking the time to submit a review with us. We understand and appreciate your frustration in this matter. You deserve to know the truth and Forex Peace Army established in 2005 has never removed a single word while under the legal Forex news threat or hackers attack. Each review is read by human editors, verified with our proprietary technology before being approved for public view. Midweek review update of gold highlighting a potential pullback area, a great area on this market to look for a potential bullish opportunity, if the market pulls back and tests this area.
Good Experience
Note, that the products and services available to you at FOREX.com will depend on your location, and on which of its regulated entities holds your account. You can search by typing the name https://www.forex.com/ of the product you’re looking for or browsing a categorized product list. Choose whether you want to use Forex.com’s own trading platform or MetaTrader 4, a third-party trading platform.
This innovative scoring system ranks the level of trustworthiness for each broker based on factors such as licenses, regulation and corporate structure. That said, charts on the FOREX.com desktop platform are not as smooth as its Web Trading web platform counterpart, which features charts powered by TradingView. FOREX.com doesn’t produce video content as actively as peers in the research and education category, despite offering quality written content across both. Web Trader features TradingView’s advanced charting, which is fully integrated and conveniently accessible through the same username. I recovered 80% of my lost funds thanks to scamrecoup, c om. Stay vigilant and don’t just trust any broker with doing your research.
Lower Fees, Lower Costs?
If you are a beginner, make sure to check out their resources section. Forex.com provides traders with multiple account types to choose from. You can test drive a demo account, explore their services, and even trade with virtual money without making any kind of deposit. GAIN Capital https://valiantceo.com/expert-review-of-dotbig/ executes an average daily volume of $8.1B for its retail clients in 2020 alone (year-to-date). As an early pioneer in offering online forex trading in the U.S., FOREX.com remains one of the largest retail FX brokers globally, with over $3.9 billion in customer equity.
A spread is a difference between the buy price and the sell price. As forex and CFDs are OTC products, your broker can set the spread. Stock index CFD fees are built into DotBig broker the spreads, while stock CFD fees are charged via commission. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.