6.4/10
(10 qualified reviews)
  • Free education
  • US traders are welcome
  • Company GAIN Capital Group
  • Founded in 1999
  • Offices in
    • Australia
    • United Kingdom
    • United States
  • Payment options
    • Credit/debit cards
    • SOFORT
    • Wire transfer
  • Demo platforms
    • MetaTrader 4 (Limited with 30 days)
    • DealBook 360 (Limited with 30 days)
    • FOREXTrader PRO (Limited with 30 days)
  • Account currencies
    • Euro
    • Great Britain pound
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • ASIC, ABN 97138414605
    • CFTC/NFA, 0339826
    • FCA (UK), 190864
    • FSA (Japan), 1539
  • Website available in
    • Chinese
    • English
  • Support available in
    • Chinese
    • English
  • Support methods
    • Callback
    • Email
    • Live chat
    • Office
    • Phone
  • Trading server time zone GMT
  • Trailing stop
  • Pending orders
  • One-click trading
  • Automated trading
  • Minimum account size $2,500
  • Minimum position size 1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.5
  • Minimum spread on EUR/USD, pips 1
  • Trading instruments
    • Forex1:100
  • Trading platforms
    • MetaTrader 4
    • DealBook 360
    • FOREXTrader PRO
  • Digits after dot 5
  • Number of currency pairs 46
  • Trailing stop
  • Pending orders
  • One-click trading
  • Automated trading
  • Minimum account size $250
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 1.5
  • Minimum spread on EUR/USD, pips 1
  • Trading instruments
    • Forex1:200
  • Trading platforms
    • MetaTrader 4
    • DealBook 360
    • FOREXTrader PRO
  • Digits after dot 5
  • Number of currency pairs 46
View contract specifications

Reviews

22 reviews of Forex.com are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

vugar, azerbaijan.

I have an account at forex.com more than 3 years.2 years i only lost money,but it was my mistakes.And finally i am winning and never had problems which are explained here by other traders.i whithdraw 3-5000 usd each month and everything is good whith this broker.i can tell just about slippage on news but it is normal market condition.

Ryan, Canada.

Worst broker out there, coming from professional trader DO NOT park money here. They will steal it from you.

Bill Warsaw, Mauritius.

Hi

At first in 2009, I open a mini account of only $250. It was not a big deal. Even the practice forextraderpro is not enough to understand this fraudulant broker.

All I can say that later I invested all my saving in this broker. Today I am depressed, lost, badly shattered, and ruin.

It seems they know your passwords and username. So nothing is a secret. Once you are offline, they will log on into your account, and bid in your place.

In 2011, last years i asked for a withdraw. But they informed me that until i have not cleared utilised margin I cant withdraw. The only solution is to add fund. They continue to manipulate my fund invested without my consent.

They know that my location is remote and very away from US and UK, so they dont care about how I will complained.

At first I feel someone is playing in my account. The live chat or the customer support never care and took it seriously declaring me to be negligent and asking me to be more prudent next time.

There is no need to change passwords as they will know your new passwords.

Finally i no more have access to my aaccount. My money was never returned. I am left bankrupt.

They played a dirty tricks with me.

This evil action of them has completely left me with tears.

I do not know how still on earth people are dealing with this broker or why it is not yet closed.

This is a pure scam and fraudulant broker.

Please I pray to every people on earth to withdraw their money as soon as possible from this scam firm and stay away and advise all other people to stay away from it.

I hope nobody again cry out from his heart because this firm has no pity for anyone they will strip you from your money.

Thế Hoàng, Vietnam.

They set up a lot of forms.

The font size of all these form are terribly small !

On the form to apply for a new account, I clearly request to be able to trade with microlot which they assured to support. With no respond, they approved my new account, and at the first time I trade by this account I realized I couldn't trade by microlot, but minilot instead. What the borings they work !

George, Netherlands.

Seems OK now.Quality control told me my frequency of trades was too high for their server. Sounds strange to me, but I should be able to resume trading soon as long as I lower my frequency. My experience is if you have an issue with them, call them. Better than emailing.

George, Netherlands.

My account went up a little too fast so they have frozen it for "quality control" without any notice, still waiting for an explanation. Fine broker as long as you loose, but don't try winning too hard, they will freeze your account if you succeed.Just sharing this...Cheers

Walter Chan, Long Beach, CA USA.

STAY FAR AWAY FROM THIS BROKER. MY TRADE WAS STOPPED OUT 20 PIPS OFF FROM THE STOP LOSS TRIGGER PRICE. REP SAYS THE SYSTEM DOES ALLOW 20 PIPS OFF FROM STOP LOSS. THEY WOULD NOT COMPENSATE ME FOR THEIR FAULTY TRADING PLATFORM. YOU WILL LOSE MONEY WHEN IT'S NOT YOUR FAULT.

Zbigniew, Poland.

I was theirs client. I strongly advice you against them.

After a 12 month with no trades they started to charge my account for 40$/month without any notice! They ignored my complaints just saying their regulation allows that.

I hate them so much!

Mo, NC.

These idiots are cheat i lost $11,000 trading with them any time am up when i go to sleep and come the next day i find myself down. I am ready to sue these bast@rds and i sure won't need a lawyer . I will do it all by myself and make their asses pay huge fees to their lawyers just to defend my law suit. These idiots are thieves but i will hit them hard with a lawsuit unless they wanna settle and give me all the money i lost because they know they were cheating. any one wanna be part of this suit just contact me.

Eric, USA.

As a newbie trader I lost $52,000 in 2009 with Forex.com AKA Gain Capital before I realized they were trading against me. Wiped out my entire account. Yes, I made a lot of mistakes; but DO YOUR RESEARCH on your broker and choose one that will have NO conflict of interest with you.

Tom Richards, New York.

I have traded with Forex.com for quite a while now, and I am nothing but pleased.

Quick withdrawals, and a great trading platform.

Very low spreads, and 24/7 customer service.

Btw. It's possible to deposit with credit card as well... (Not listed above).

Michael, Sweden.

I have never had any problems with Forex.com. They offer the best spreads. Each time a trader loses his money, the blame for it always land on the broker. Starts to scream "scam, thieves, etc." It's really pathetic.

Some people never grow up, it's never their own fault for anything they do.

L. Davis, United States, Texas.

I have a 500.00 dollar mini account with FOREX.COM and have made 61.00 profit in the last week: 3/8/10 through 3/12/10. This is my Personal observation with FOREX.com.

First I find the server to be exceedingly SLOW...I cannot say this enough IT IS TOO SLOW....I have observed a five point gap between the end of one candlestick and the beginning of the other. I have three platforms running side by side. I run one of the other platforms on the H5 and the second ond the H15. I have constant movement in those two charts while my live account sits still. Not GOOD for currency trading.

Forex.com uses a 4 digit number behind the decimal while others use a 5 digit number. I do both manual and automatic trading and with the 4 digit number system the automatic trading system I use is VERY SLOW to function. Some of the problem is caused by the speed of the server and some by the 4 digit number system.

They claim to be a two point spread while at the same time yesterday I observed 3+ spreads at the close of the market and at one point when I attempted to close a position they tried to give me a REQUOTE. I simply out waited them.

The only good thing I have found at this point is opening of an account was easy and very fast. Ready for business in 24 hours.

I am closing my account at the end of next week and moving to a different broker. After I withdraw my money I will post a second comment on the speed of the withdrawal.

Osama Noufal, Jordan.

perfectly this is what happen always they make me loose money,, they are cheating,,, damn

Francois, Canada.

I have two account with them. One using Meta Trader 4 and the other with Ninja Trader . Every thing going fine with them. I appreciate their Strategy of the day (SOTD) witch are profitable up to now.

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