The broker caters mostly to active and high-volume traders, and offers a couple of advanced platforms to suit different activity levels. Traders will have the option to choose between several account types, and over 80 currency pairs, in addition to unleveraged gold and silver in the U.S., and hundreds of CFDs for non-U.S. Interactive Brokers is well known for its low costs and powerful trading platforms preferred by active and professional traders. https://www.hitechwork.com/invest-in-virgin-galactic-spce-with-dotbig-forex-broker/ Forex traders won’t be disappointed by the advanced trading tools available as well as real-time quotes from many of the world’s largest forex dealing banks. You can even trade stocks on international exchanges and attach a forex order to hedge the currency at the same time. Founded in 2001, FOREX.com is one of the oldest FX trading platforms online. The broker’s website and trading platforms show market dealing spreads in real time.

Choose whether you want to use Forex.com's own trading platform or MetaTrader 4, a third-party trading platform. OCO - A pair of pending orders where the execution of one automatically cancels the other. TradingView is "an advanced financial visualization platform" that has been integrated into FOREX.com's web-based SPCE stock platform. Its ease of use and functionality make it, by far, the most impressive aspect of the web-based platform. Therefore, the initial deposits of client were returned to her and the account was suspended. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

Forex Com Has A Great Trading Format

Its intuitive user interface not only allows you to place trades using technical indicators but also enables you to stop losses and make profits when trading. FOREX.com platform has a number of active traders from different parts of the world. The broker has earned a reputation for maintaining liquidity above the stipulated capital requirements that ensures the safety of customer deposits. We all would like to find the best https://www.forbes.com/advisor/investing/what-is-forex-trading/ broker available and with all the fancy platforms, websites, and other promotions it's hard to decide which to choose. For this reason, it's important to trust your intuition and common sense. If a broker looks too good to be true, then it's likely that he's not the one for you. It is easy to misjudge, so it helps to talk to other people who have been in the industry when trying to determine a broker with which to trade.

Therefore, one of the well-regulated brokers such as FOREX.com can assist investors with their trading needs. Start trading with Markets.comCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LegacyFX is a forex trading company founded in 2013, specializing in financial technology and is a regulated broker with CySEC, FCA, and BaFin licenses.

Is Forex Com Safe Or A Scam?

We tried to contact customer support to check their response rate. When we used the live chat option, we found it is limited to certain queries as it is only a bot.

• Please reach out to our support team with any questions or concerns.
• The first section is straightforward and often suffices at other brokers, but Forex.com demands more information under the About You and Trading Experience sections.
• Traders can practice their trading on FOREX.com’s practice account that’s available on the trading platform, or on a demo account that’s available on MT4; both of which are good options.
• Creating an account and getting started on FOREX.com is relatively straightforward.
• A major advantage delivered by FOREX.com is the “Trading Ideas” section, which provides trading strategies and concepts based on technical analysis.
• I can confirm all the negative experience as discribed below in the comments.

And of course, platform poses a choice to use MT4 via Desktop, Web or iPhone, Android apps. Another crucial term is to understand how to transfer money to or from the trading accounts, as various jurisdictions and contuses apply different rules towards money management. Likewise, Forex.com will offer particular conditions according to the entity and https://www.hitechwork.com/invest-in-virgin-galactic-spce-with-dotbig-forex-broker/ regulatory rules. Considering Forex.com spread charges and trading fees, we found its fee structure simple to understand, where the costs are rather competitive and low compared to the industry competition. Good to know that also FOREX.com charges an inactivity fee of $15 per month if there is no trading activity for a period of 12 months or more.