Forex Broker Review of FOREX.COM

4.7/5

FOREX.com is an online broker that can service all types of traders but its emphasis on fast, reliable execution makes it a good fit for the high-volume trader who can earn rebates that would lower their trading costs, it is a verified forex agent that sparkles because of its broad item offering, amazing stage choices and exchanging apparatuses, and its choice of both in-house and outsider statistical surveying. While its evaluating isn’t absolute bottom, FOREX.com conveys an incredible encounter to forex brokers of all experience levels.

 

Forex.com has been an ever-present figure in the world of forex trading for quite some time, our review highlights some important aspects of the broker with the metrics set by us. Forex.com stands at an overall score of 4.67/5

Authenticity Of FOREX.com

4.3/5

Forex.com is authorized by legal authentic legislative bodies, meaning that they are an authenticated forex broker who can deal with foreign currency exchange throughout the world

In terms of authenticity our team found Forex.com following the standards of the world FX Market and is regulated as a secure broker in terms of trading online. Our team decided to score Forex.com 4.71/5 in this metric

Account Types:

4.4/5

With different options in account types with different types of offers and charges, the forex broker has been able to attract a lot of customers especially from the US, courtesy of the US exclusive account with extra benefits. The limitations for users from different parts of the world is something that the broker should take into consideration to expand its market, hence our team has rated 4.1/5 in terms of account types

Trading Platform

4.7/5

FOREX.com gives forex brokers all they require, and the sky is the limit from there, to exchange successfully. Between the agent’s lead Advanced Trading work area and Web Trading stage, close by the full MetaTrader suite, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), there are a lot of alternatives accessible.

Enhanced Trading

FOREX.com’s lead work area stage, Advanced Trading, is most appropriate for prepared merchants and accompanies a strong outlining bundle stacked with a huge determination of specialized pointers (139 aggregate), drawing apparatuses, and over 100 pre-characterized mechanized procedures. Specialized Analysis and exploration apparatuses are fueled by Trading Central and incorporate its set-up of Market Buzz, Technical Insight, and Analyst Views modules. I found the format very much planned and simple to utilize, yet rich with highlights. For purpose of examination, I discovered the Advanced Trading stage to be generally tantamount to FXCM’s restrictive stage.

Web Trading

Most appropriate for easygoing brokers, FOREX.com’s Web Trading stage makes it simple to peruse markets, direct exploration, and spot exchanges. Outlines are fueled by Trading View and come stacked with almost 100 markers, 14 time spans, and ten graph types.

  1. Making another design can be usually dreary as windows don’t naturally re-mastermind and can immediately get jumbled. Beside that little subtlety, close by an absence of pre-characterized designs, there are progressed request types and highlights like the “nearby all” button, amalgamated positions, and the capacity to set a value resilience (deviation boundary for slippage) for exchange executions.
  2. The stage gives a rich encounter. I truly like how outlines can be saved and utilized as a default format for new graphs, in spite of the fact that it requires manual stacking each time.

Meta Trader

While FOREX.com’s foundation suite is as of now vigorous and completed Best in Class (top 7) in our testing, the dealer additionally offers the total MetaTrader suite, including both MT4 and MT5. It’s significant that there are scarcely 600 instruments accessible on the merchant’s MT5 stage, contrasted with more than 4500 on its non-MetaTrader stages.

The trading platform research led us to some interesting things we came to know about the broker itself. Firstly the trading platform, it is the standard MT4 platforms with other additional web trading, but the enhanced trading platform is the one to go for. Although mostly for companies if you can get your hands on it you will be amazed by the aspect of trading you can accomplish with the help of it. We really enjoyed the UI design features with customization to the max available. For this we decided to score Forex.com here 4.85/5

Education

4.5/5

With regards to finding out about forex exchanging, FOREX.com has almost 100 composed articles that are helpfully coordinated by experience level. The instructive substance goes from 19 novice articles (barring stage instructional exercises), 34 middle, and 17 for cutting edge clients. Generally speaking, I discovered the articles to be of acceptable quality and in-accordance with the business normal, however not exactly top tier.

Video format

Beside many stage instructional exercises accessible on its YouTube channel, FOREX.com doesn’t offer an extensive determination of instructive recordings. Video is the place where contenders like CMC Markets acquire a reasonable high ground over FOREX.com.

Education wise our team found Forex,com doing better than most forex brokers with a wide set of education material available both on their website and the trading platform. Quality wise they are quite good, but could be improved upon. While the video content is below par which is a shame as the forex broker has a lot to give but not providing to the customers feels like they care less about their users and more about engagement. With that in mind we decided to score 4.1/5 which arguably is a bit high

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Hassan Zaman
Hassan Zaman
7 months ago

Highly recommend this broker. They have the best overall services.

Akhtar Ali
Akhtar Ali
6 months ago

I am regretting working with forex.com, their charges are so high that you are left with nothing.

Faizan Javed
Faizan Javed
6 months ago

I have been trading with this broker for more than a year and I am very satisfied with their services. I receive daily and monthly reports with smooth execution.

Hassnain syed
Hassnain syed
7 months ago

The customer service of this broker is absolutely worse. I waited for 30 minutes on call for their agent and still was unable to get in touch with them.

Farhan Ishfaq
Farhan Ishfaq
7 months ago

Forex.com is just an average broker, they should upgrade their trading platform and must improve their customer services.

Hassaan Mujeeb
Hassaan Mujeeb
3 months ago

I have been extremely pleased with their services. I receive daily and monthly reports that are well-executed. This broker comes highly recommended.

Moiz Ali
Moiz Ali
3 months ago

This broker comes highly recommended. They provide the greatest all-around services.

Sabih zaman
Sabih zaman
3 months ago

I’m disappointed I worked with forex.com; their fees are so expensive that you’re left with nothing.

Danish Alam
Danish Alam
2 months ago

Great broker with low trading costs. Customer support is exceptional

Iram Nosheen
Iram Nosheen
3 months ago

This broker is a scam. They will never return your profits as they take the other side.

Abdul Ghafoor
Abdul Ghafoor
2 months ago

A great choice for forex brokers. They have super fast and easy withdrawals and are excellent in providing profitable signals. Minimal slippage and tight spreads.

Abdul Jabbar
Abdul Jabbar
2 months ago

Great trading broker. I can give them the highest ratings possible base on the trading results they give me. It’s been a few months since I started and so far I get good profit.

Abdul Aziz
Abdul Aziz
2 months ago

Services are good as always. I got several withdrawals which were smoothly processed. I get decent profit and I deal with professional brokers.

Adnan Khan
Adnan Khan
2 months ago

Terms are well explained at the start including possible risk. I don’t see any gray areas, they are transparent. Replies on messages may be a bit delayed at times, services are overall good.

Saad Latif
Saad Latif
2 months ago

Market research and signals are so much useful. I can rely on this broker service. It may be a bit tedious to trade forex but with them as a good guide, I am able to succeed.

Zyaud Deen
Zyaud Deen
2 months ago

Best place to trade forex. Tools and services work fine. I am getting good returns and got no problem with the services.

Munir Ashfaq
Munir Ashfaq
2 months ago

I would highly recommend this company offering forex brokerage. They are knowledgeable and experienced in the forex market. I get good returns.

Kaashif Korai
Kaashif Korai
1 month ago

Great trading broker to deal with. Signals are reliable and withdrawal is fast. No doubt, they are a good broker.

Omair Ahsan
Omair Ahsan
1 month ago

Fast in all aspects. Every time I need help or have any concerns, they attended to me promptly and withdrawals are also fast. I am keeping them as my trading partner.

Haider
Haider
1 month ago

Dedicated to helping me with all of my trading needs. Smooth withdrawals and good customer service are just among the good things I like about this broker. Term and pricing are both fair. And I am getting good profit from the trades.

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