FOREX.com

FOREX.com Review: Regulation, Fees and Broker Analysis

Official profile claimed

FOREX.com is a reputable, multi-jurisdictionally regulated broker suitable for a wide range of traders, offering strong platform choices and institutional backing.

Best forForex TradersActive TradersTradingView Traders

External website · BrokerBazaar does not receive a trading commission from this link.

84

/ 100

BrokerBazaar Score

Strong

Evidence-based, 0–100

Data confidence 78%

From $100

Min Deposit

0.0 pips (RAW Spread)

Spreads From (indicative)

Not disclosed

Max Retail Leverage

None (Standard) · From $5 per lot/side (RAW Spread)

Commission

GAIN Global Markets Inc. figures · CIMA · Full cost schedule

Researched by
BB Team
Reviewed by
BB Team
Last verified
13 Nov 2026
Next review due
11 Feb 2027

How we tested this broker·Meet the review team

Section 01

About

About FOREX.com

Company Provided

FOREX.com is a global forex and CFD broker brand operated by entities within the GAIN Capital / StoneX group, offering retail and institutional clients access to FX, indices, commodities and cryptocurrencies via proprietary and third-party trading platforms.

Since 2001 Bedminster, New Jersey, USA (part of StoneX / GAIN Capital group) 9 regulators listed

Expert Verdict

FOREX.com is a reputable, multi-jurisdictionally regulated broker suitable for a wide range of traders, offering strong platform choices and institutional backing.

Pros

  • Well-known, long-established global brand with institutional backing
  • Multiple regulated entities across key jurisdictions
  • Range of platforms (proprietary and MT4/MT5) and good charting tools

Cons

  • Pricing and product availability vary significantly by region
  • Not the lowest-cost option for very high-volume traders in every market
  • Customer reviews occasionally show complaints about withdrawals/support

BrokerBazaar Overview

Independent

FOREX.com is one of the industry's long-standing brands, backed by the resources of the GAIN Capital / StoneX group. It serves retail and institutional clients through multiple regulated entities, offering a mix of proprietary and third-party platforms (including MT4/MT5) and a broad product set covering forex, indices, commodities and select cryptocurrencies. Platform functionality, research tools and execution quality are generally strong compared with peers.

That said, product terms — including leverage, available instruments and pricing — vary by legal entity and region, so traders should confirm local conditions before opening an account. While FOREX.com is not always the absolute cheapest provider for ultra-high-volume traders, it balances competitive pricing with robust compliance, educational resources and solid execution, making it a good choice for active retail traders and those who value regulatory oversight and platform quality.

Key Features

Regulated Broker
MetaTrader Platforms
FOREX.com

FOREX.com

Regulated Broker

Min DepositFrom $100
Max Retail LeverageNot disclosed
Spreads (indicative)0.0 pips (RAW Spread)

External website · BrokerBazaar does not receive a trading commission from this link.

5

Platforms

2001

Est. Since

4

Account Types

8+

Countries

Regulated By

CFTC
NFA
FCA
ASIC
MAS
CySEC
CIRO
CIMA
FSA Japan

Licence check: Not independently checked

Live Spreads

Not available

No live spread data from a named account is available for this broker. Figures are published only with the account type and capture time.

Independent report by BrokerBazaar Research TeamHow we rate brokers

FOREX.com broker analysis: regulation, fees, withdrawals and risks

Independent broker profile covering verified entities, regulation, costs, platforms, withdrawals, risks and user feedback. BrokerBazaar is not FOREX.com and does not operate any brokerage.

Profile ownership

Claimed by broker

A representative has confirmed ownership of this page. Claiming never changes the score or regulation data.

Information source

Submitted by broker or compiled from public pages

Details have been recorded but not yet independently checked by BrokerBazaar.

Licence check

Not independently checked

Confirm the licence on the regulator's public register before opening an account.

Editorial review

Reviewed 2 Nov 2026

Date the BrokerBazaar research team last regenerated this analysis from the stored record.

Legal entity

GAIN Global Markets Inc.

Founded

2001

Headquarters

Bedminster, New Jersey, USA (part of StoneX / GAIN Capital group)

Regulators

CFTC, NFA, FCA, ASIC, MAS, CySEC, CIRO, CIMA, FSA Japan

Minimum deposit

From $100

Spreads from

0.0 pips (RAW Spread)

Commission

None (Standard) · From $5 per lot/side (RAW Spread)

Max leverage

Not disclosed

Platforms

FOREX.com Web Trading, FOREX.com Mobile App, MetaTrader 4, MetaTrader 5, TradingView

Account types

Standard, RAW Spread, MetaTrader (MT5), Corporate / Trust / Joint

Figures refer to GAIN Global Markets Inc. (CIMA), the entity serving international clients, checked 8 October 2026.

FOREX.com regulation and licence table

Each row is one legal entity. Verify the licence on the official register; a company registration is not a brokerage licence.

EntityRegulatorLicenceAuthorised activityRegionLicence check
GAIN Global Markets Inc.CIMA

Cayman Islands Monetary Authority

Moderate oversight
SIBL 25033Official register Execution / dealing (forex & CFDs) · Retail clientsCayman Islands (international clients)Not independently checked
GAIN Capital LLC d/b/a FOREX.comCFTC / NFA

Commodity Futures Trading Commission

Strict oversight
NFA 0339826Official register Execution / dealing (forex & CFDs) · Retail clientsUnited StatesNot independently checked
StoneX Financial LtdFCA

Financial Conduct Authority

Strict oversight
FRN 446717Official register Execution / dealing (forex & CFDs) · Retail clientsUnited KingdomNot independently checked
StoneX Financial Pty LtdASIC

Australian Securities & Investments Commission

Strict oversight
AFSL 345646Official register Execution / dealing (forex & CFDs) · Retail clientsAustraliaNot independently checked
StoneX Financial Pte. Ltd.MASCapital Markets Services LicenceOfficial register Execution / dealing (forex & CFDs) · Retail clientsSingaporeNot independently checked
StoneX Europe LtdCySEC

Cyprus Securities & Exchange Commission

Strict oversight
400/21Official register Execution / dealing (forex & CFDs) · Retail clientsCyprus / European UnionNot independently checked
StoneX Financial (Canada) Inc.CIRONot statedExecution / dealing (forex & CFDs) · Retail clientsCanadaNot independently checked
StoneX Securities Co., Ltd.FSA JapanKanto Local Finance Bureau (FIBO) No. 291Execution / dealing (forex & CFDs) · Retail clientsJapanNot independently checked
StoneX Financial (DIFC) LimitedDFSA

Dubai Financial Services Authority

Strict oversight
F004288Official register Securities / stock broking · Category 3A (matched-principal only) · Institutional clients only

Not an execution licence; does not count as local forex regulation.

United Arab Emirates (DIFC)Not independently checked

FOREX.com at a glance

FOREX.com is a global forex and CFD broker brand operated by entities within the GAIN Capital / StoneX group, offering retail and institutional clients access to FX, indices, commodities and cryptocurrencies via proprietary and third-party trading platforms.

FOREX.com reports a founding year of 2001 and a head office in Bedminster, New Jersey, USA (part of StoneX / GAIN Capital group). It lists 9 regulators and 5 trading platforms.

BrokerBazaar verdict

FOREX.com is a reputable, multi-jurisdictionally regulated broker suitable for a wide range of traders, offering strong platform choices and institutional backing.

Legal entities, regulation and licences

FOREX.com operates through 9 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.

Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.

Countries accepted and restricted

FOREX.com states that it accepts clients from United States, United Kingdom, Australia, Canada, Singapore, Japan, European Union, Cayman Islands. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.

Trading products, platforms and account types

Instruments: Forex, Indices, Shares, Commodities, Metals, Cryptocurrencies, Bonds, Futures. Platforms: FOREX.com Web Trading, FOREX.com Mobile App, MetaTrader 4, MetaTrader 5, TradingView. Account types: Standard, RAW Spread, MetaTrader (MT5), Corporate / Trust, Joint.

Best-for tags assigned by our team: Forex Traders, Active Traders, TradingView Traders, MetaTrader Traders, Research-Focused Traders, Multi-Asset Traders.

Minimum deposit, spreads, commissions and other charges

The minimum deposit is From $100. Spreads start from 0.0 pips (RAW Spread) and commission is None (Standard) · From $5 per lot/side (RAW Spread). Maximum leverage is Not disclosed (dynamic), subject to the cap of the entity that holds your account. Figures refer to GAIN Global Markets Inc. (CIMA), the entity serving international clients, checked 8 October 2026.

Swap-free / Islamic account: available (conditional). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.

Deposits and withdrawals

Deposit methods: Bank wire, Debit/credit card, ACH (US), Region-dependent online payment methods. Withdrawal methods: Bank wire, Debit/credit card refunds, ACH (US), Region-dependent online payment methods.

Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.

Execution model, negative balance protection and client money

Negative balance protection: Not specified. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: both. These conditions were compiled from public information and have not yet been confirmed by the broker.

Client-money rules follow the regulator of the entity that holds your account: CIMA: Segregation and AML controls required. Compensation: No central compensation scheme. CFTC: Segregation and strict capital rules enforced federally. Compensation: No retail forex compensation scheme. FCA: Segregated in ring-fenced client accounts under the CASS rules. Compensation: FSCS — up to £85,000 per client. ASIC: Held in segregated client trust accounts under the Corporations Act. Compensation: No central scheme; AFCA handles disputes.

Not covered: StoneX Financial (DIFC) Limited (DFSA). This licence covers a different activity (such as securities, wealth or payments), so its client-money rules do not apply to a forex or CFD account.

Complaints and dispute process

Formal complaints: UScompliance@stonex.com. Phone: 1-877-367-3946. Complaints can initially be raised through customer service by phone, email or other communication. Formal complaints can be submitted to the Compliance Department at UScompliance@stonex.com. If the complaint is not satisfactorily resolved, it may be referred to the NFA and/or CFTC.

If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.

Strengths and limitations

  • Strength: Well-known, long-established global brand with institutional backing
  • Strength: Multiple regulated entities across key jurisdictions
  • Strength: Range of platforms (proprietary and MT4/MT5) and good charting tools
  • Limitation: Pricing and product availability vary significantly by region
  • Limitation: Not the lowest-cost option for very high-volume traders in every market
  • Limitation: Customer reviews occasionally show complaints about withdrawals/support

Who this broker suits, and who it does not

FOREX.com is most relevant to traders looking for: Forex Traders, Active Traders, TradingView Traders, MetaTrader Traders, Research-Focused Traders, Multi-Asset Traders.

It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.

FOREX.com change history

Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.

No fact changes recorded for FOREX.com yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.

Frequently asked questions about FOREX.com

Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: WikiFX 8.27/10; Forex Peace Army 2.007/5; FX Empire N/A/5; Google Play Store 4.7/5; Apple App Store 4.6/5.

Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with FOREX.com. How we make money. Trading leveraged products carries a high risk of loss.

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