FOREX.com Review 2025 – Honest Take on Fees, Features & Safety
Authors Comments
Having tested FOREX.com extensively, I found it reliable, fast, and packed with features for both beginner and experienced traders. Execution speed is excellent, spreads are competitive, and the platform is intuitive. FCA regulation and segregated funds make it feel secure for UK trading.
FOREX.com Overview
FOREX.com is a globally recognised forex and CFD broker and part of the NASDAQ-listed StoneX Group. Founded in 2001, it is FCA-regulated and trusted by over 1 million traders worldwide. The broker offers powerful platforms, competitive pricing, and extensive market coverage — giving traders access to global opportunities across multiple asset classes.
- Minimum Deposit: £100
- Regulation: FCA (UK)
- Trading Platforms: WebTrader, TradingView, MT4, MT5
-
Market Access:
- 80+ Forex pairs
- CFDs on Indices, Shares, Commodities, and Metals
- Spread betting available for UK clients
- Extended Trading Hours: 24-hour forex trading, Sunday to Friday, with global market access across major time zones.
Trading and investing involve risk. The value of your investments can go up or down, and you may lose all or part of your capital. These products may not be suitable for all investors. Please ensure you fully understand the risks involved.
Who Are FOREX.com?
FOREX.com is a global broker owned by StoneX Group, a NASDAQ-listed financial services provider. It offers retail and professional trading across forex, indices, commodities, shares, and metals. The broker is FCA-regulated in the UK and has over 20 years of operational experience, providing stability and trust.
Table – FOREX.com Company Overview
| Broker | Parent Company | Founded | Regulation | Headquarters | Markets |
|---|---|---|---|---|---|
| FOREX.com | StoneX Group | 2001 | FCA (UK) | London, UK | Forex, CFDs on Indices, Commodities, Shares, Metals |
Which Markets Can You Access on FOREX.com?
Traders can access over 2,000 markets including forex pairs (like EUR/USD, GBP/USD), global indices (UK 100, US Tech 100), commodities (crude oil, natural gas), metals (gold, silver), and shares from major exchanges. CFDs and leveraged trading are available for all these instruments.
What Makes FOREX.com Stand Out From Other Brokers?
FOREX.com excels with tight spreads, advanced platforms (Web Trader and MT4), integrated TradingView charts, fast execution, and FCA regulation. Its parent company, StoneX, adds credibility, while robust research, market news, and a wide variety of instruments create a professional yet accessible trading environment. FOREX.com’s UK entity.
Note: MT5 is not offered under FOREX.com’s UK entity.
How Easy Is FOREX.com to Use?
FOREX.com provides a streamlined experience for UK traders. Account registration is fast, platforms are intuitive, and deposits and withdrawals are efficient. Both desktop and mobile interfaces offer professional charting, order management, and customisation options suitable for beginners and advanced traders alike.
How Straightforward Is the Sign-Up Process?
Opening an account takes minutes online. UK users must provide standard KYC documents: proof of identity and proof of address. Verification is typically completed within 24–48 hours, allowing almost immediate access to live accounts once documents are approved.
Is the User Interface Beginner-Friendly?
The web and mobile platforms are intuitive, with clean layouts, customisable dashboards, and integrated charts. Beginners benefit from guided tools, while advanced traders can access in-depth technical analysis, multiple watchlists, and seamless order execution without clutter or unnecessary complexity.
What Account Types Are Available in the UK? (Standard, MT4, Corporate)
- Standard Account: Ideal for most retail traders with competitive spreads and zero commission on FX and CFD instruments.
- MT4 Account: Offers MetaTrader 4 with integrated Reuters news, indicators, and expert advisors for advanced trading strategies.
- Corporate Account: Enables businesses or professional traders to trade with multiple authorised users under one account.
How Fast and Reliable Are Deposits and Withdrawals?
Deposits via bank transfer, debit/credit cards, and e-wallets are generally instant to 24 hours. Withdrawals typically process in 1–3 business days. Transaction reliability is high, with segregated accounts and FCA oversight ensuring funds remain secure throughout the process.
What Fees and Costs Should You Expect on FOREX.com?
FOREX.com is competitive on spreads and fees, particularly for FX and major indices. Overnight financing charges apply to leveraged positions, while commissions depend on account type.
How Competitive Are Spreads, Commissions, and Overnight Fees?
Major FX pairs offer spreads from 0.7 pips. CFDs and commodities have variable spreads and low commissions, with overnight funding fees applied to positions held past market close. Costs are transparent, and calculators are available to anticipate total fees for active trading.
How Does FOREX.com Compare to Other UK Brokers?
Compared to competitors like IG, CMC Markets, and Pepperstone, FOREX.com offers comparable or tighter spreads, highly responsive execution, and superior platform options (Web Trader, MT4, TradingView integration). Corporate account options and make it competitive for both retail and professional UK traders.
Table: Overall Cost Structure for Traders
| Broker | Average FX Spread | CFD Commission | Overnight Financing |
|---|---|---|---|
| FOREX.com | 0.7 pips (EUR/USD) | Variable | Yes |
| IG | 0.8 pips | Variable | Yes |
| CMC Markets | 0.8-1.0 pips | Variable | Yes |
| Pepperstone | 0.6-0.8 pips | Variable | Yes |
| eToro | 0.75-1.0 pips | 0% commission | Limited |
What Platforms and Tools Does FOREX.com Offer?
FOREX.com provides a range of platforms to suit both beginner and professional traders. Its web trading platform is feature-rich with TradingView integration, advanced charts, and order management tools. Mobile apps allow for trading on the go, with real-time quotes, alerts, and risk-management features.
How Effective Is the Web Trading Platform?
The web platform offers seamless trade execution, 80+ technical indicators, charting tools, customizable watchlists, and integrated news feeds. Traders can monitor multiple markets, set alerts, and execute orders efficiently. It is stable, responsive, and suitable for both intraday and swing trading strategies.
What Mobile App Features Support Trading on the Go?
FOREX.com’s mobile apps provide full account access, live charts, and one-touch order execution. Users can manage trades, track multiple instruments, and receive push notifications for price movements. Risk management tools, including stop-loss and take-profit orders, are fully integrated, supporting active trading from anywhere.
Table – Platforms Available and Features
| Platform | Features | Best For |
|---|---|---|
| Web Trading | TradingView charts, 80+ indicators, alerts, real-time data | All traders |
| Mobile App | One-touch execution, watchlists, push notifications, on-the-go trading | All traders |
| MetaTrader 4 (MT4) | Expert advisors, custom indicators, integrated Reuters news | Advanced traders |
| MetaTrader 5 (MT5) | Enhanced charting, faster execution, multiple instruments | Professional/institutional traders |
| TradingView Integration | Direct chart trading, custom scripts, community trade ideas | Technical analysis-focused traders |
How Safe, Regulated, and Trustworthy Is FOREX.com?
FOREX.com is FCA-regulated in the UK and overseen by ASIC in Australia, among other global regulators. Client funds are held in segregated accounts with FSCS coverage up to £85,000. The platform uses encryption, two-factor authentication, and frequent security audits, making it highly reliable and secure for UK traders.
How Are Client Funds Protected?
Funds are kept in segregated accounts, separate from FOREX.com’s operational accounts. UK clients are covered by FSCS protection up to £85,000 per account. International protections apply where relevant, ensuring capital safety even in the unlikely event of broker insolvency.
What Security Features Protect Personal and Financial Data?
FOREX.com implements end-to-end encryption, two-factor authentication, and strict data policies. Regular platform audits, secure servers, and compliance with FCA regulations ensure user information and account activity remain protected from unauthorized access or cyber threats.
What Are the Advantages and Drawbacks of FOREX.com?
| Pros | Cons |
|---|---|
| FCA-Regulated & FSCS protected | CFDs are high-risk instruments |
| Fast execution & low spreads on major pairs | Advanced platforms may overwhelm beginners |
| Advanced web & mobile tools | Spreads slightly higher for minor/ exotic pairs |
| Wide range of markets | Leverage increases risk of losses |
| Educational resources & demo accounts | Night-time market support may be limited |
How Does FOREX.com Compare to Other Brokers in 2025?
FOREX.com competes strongly with other UK brokers, offering industry-leading web and mobile platforms, TradingView integration, competitive spreads, and comprehensive research tools. Some competitors may offer lower spreads on niche currency pairs, slightly better promotions, or simpler platforms for casual traders.
What Features Give FOREX.com an Edge Over Competitors?
- Extensive platform options: WebTrader, xStation, MT4/MT5, TradingView integration.
- Regulatory oversight and fund protection (FCA, ASIC, FSCS coverage).
- Fast execution, deep liquidity, and broad range of instruments including FX, indices, shares, and commodities.
- Award-winning educational content and research tools for traders of all levels.
Where Might Other Brokers Perform Better?
- Lower spreads on certain minor currency pairs.
- Some brokers offer higher leverage for professional accounts.
- Simpler platforms for casual or beginner traders may reduce learning curve.
- Promotional incentives or cashback offers that FOREX.com may not match.
Side-by-Side Comparison Table
| Feature | FOREX.com | IG | eToro | Pepperstone |
|---|---|---|---|---|
| Regulation | FCA & ASIC | FCA | FSCA | ASIC |
| Markets | FX, Indices, Shares, Commodities | FX, Indices, Shares, Commodities | FX, Indices, Crypto, Stocks | FX, CFDs, Indices, Commodities |
| Platform | WebTrader, xStation, MT4/MT5 | Web, Mobile, MT4 | Web, Mobile, CopyTrading | Web, MT4, Mobile |
| Spreads | 0.7 pips EUR/USD | 0.8 pips | 0.75% | 0.1 pips |
| Execution Speed | Fast | Fast | Moderate | Very Fast |
| Research Tools | Comprehensive | Moderate | Limited | Advanced |
| Demo Account | Yes | Yes | Yes | Yes |
Final Thoughts: Should You Trade with FOREX.com?
FOREX.com is well-suited for UK traders seeking a regulated, reliable, and technologically advanced trading platform. Active FX traders, CFD users, and those seeking comprehensive research tools benefit most, while beginners may prefer to start on demo accounts to get comfortable with the platform.
Who Will Benefit Most from Using FOREX.com?
- Active day traders and scalpers requiring fast execution.
- Traders needing access to multiple asset classes from a single account.
- Users who value strong regulatory protection and fund security.
- Anyone wanting robust educational resources, integrated charting, and advanced analytics for strategic trading decisions.
Trade with a Global Leader in Forex
- From £100 Minimum Deposit
- 80+ FX Pairs & Global CFDs
- 24-Hour Forex Trading
Trading and investing involve risk. Capital at Risk
FAQs
Is FOREX.com FCA-Regulated?
Yes, FOREX.com is fully FCA-regulated in the UK, ensuring compliance with strict financial standards. Client funds are segregated, and eligible UK traders are protected by FSCS coverage up to £85,000. This regulatory oversight enhances trust and provides a secure trading environment.
What Leverage Is Available for UK Traders?
UK traders can access leverage up to 30:1 on major FX pairs, with lower leverage on indices, commodities, and other instruments, in accordance with ESMA regulations. Leverage magnifies both potential gains and losses, so risk management is essential for responsible trading.
Can I Trade CFDs and Forex Safely?
CFDs and Forex carry high risk due to leverage. FOREX.com offers segregated funds, robust platforms, and risk management tools like stop-loss orders to mitigate risk. Understanding market mechanics, using demo accounts, and applying cautious position sizing are critical for safe trading.
How Quickly Can I Withdraw Funds?
Withdrawals are typically processed within 1–3 business days, depending on the payment method. Options include bank transfers, cards, and e-wallets. FOREX.com ensures a reliable withdrawal process, allowing traders to access funds promptly while maintaining account security.
Does FOREX.com Offer a Demo Account?
Yes, FOREX.com provides a free demo account, enabling traders to practice strategies, explore platforms, and understand spreads without risking real capital. Demo accounts are ideal for beginners or experienced traders testing new approaches before committing to live trading.
References
- Trading Price Advantage | FOREX.com
- StoneX Financial Ltd FCA Register
- FOREX.com Reviews | Read Customer Service Reviews of www.forex.com
