FOREX.com Journal

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FOREX.com Profile
Year
1999
Country
US
Branches
7
Regulation
CFTC US, NFA US
Registration
CFTC US, NFA US, IIROC Canada, FCA UK, ASIC Australia, MA Singapore, FSA Japan, CIMA Cayman Islands
Investor protection
Fund protection
Canadian Investor Protection Fund (CIPF), UK Financial Services Compensation Scheme (FSCS), US Securities Investor Protection Corporation (SIPC)
Publicly traded
NASDAQ:SNEX
Restricted in
Not serving
х Iran, North Korea
Broker type
MM, DMA
Dealing book
B-book, A-book
Tier
3
Execution speed
0 ms
LPs total
...
LPs quality
Tier-1 Banks, Other
LPs names
not disclosed

FOREX.com Accounts
MM
DMA
Minimum Deposit
1 $
1 $
Leverage
50 : 1
50 : 1
Minimum Lot
0.01 lots
1 lots
EURUSD spread
0.8 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
50 lots
Unlimited
Margin Call
100 %
100 %
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card
Base currency
USD, EUR, CAD, JPY, CHF, AUD, GBP
Segregated accounts
yes
Interest on margin
yes
Inactivity fee
none
Update broker

Is FOREX.com safe?

  • Investor protection: Canadian Investor Protection Fund (CIPF), UK Financial Services Compensation Scheme (FSCS), US Securities Investor Protection Corporation (SIPC)
  • Regulation: CFTC US, NFA US
  • Registration: CFTC US, NFA US, IIROC Canada, FCA UK, ASIC Australia, MA Singapore, FSA Japan, CIMA Cayman Islands
  • Publicly traded: NASDAQ:SNEX
  • Segregated account: yes
  • Guaranteed Stop Loss: yes
  • Negative Balance Protection: yes

Is FOREX.com trusted?

  • Information transparency: high ★★★★★
  • Customer service: prompt, helpful ★★★★★
  • FOREX.com website: highly detailed, updated ★★★★★
  • FOREX.com popularity (by visitor count): top visited ★★★★★

How FOREX.com works



DMA accounts
Typically only available to institutional traders, FOREX.com’s DMA account gives you access to multiple levels of liquidity displayed in real time. You’ll view pricing available on either side of our order book and have the ability to place orders within the top of book spreads.

There Is no minimum amount to deposit in order to open a DMA account there is a minimum volume size (100K). FOREX.com recommends at least $20,000 deposit.


All other regular accounts
FOREX.com acts as principal in executing your order and thereafter enters into an off-setting trade with an affiliated company within the related group of companies, thereby potentially giving rise to an appearance of conflict of interest with your interests;

Acting as principal
FOREX.com will execute your orders on the basis that we act on our own account as principal and not as your agent, unless we specifically inform you that we are dealing with you as agent with respect to a particular Transaction or class of Transactions. We do not charge trading commissions when executing your orders, however we may earn profit on the spread in accordance with normal commercial terms.

We stand behind every trade
We are fully accountable for every execution – as a market maker, we don’t outsource that responsibility to a third party. If you ever have any questions or concerns post-trade, we’ll address it directly.

4.2. Pricing Information. FOREX.com Canada will make available, by posting on the FOREX.com Canada Online Trading System or by telephoning the FOREX.com Canada Trading Desk, Bid Prices and Ask Prices at which FOREX.com Canada is prepared to enter Foreign Currency Contracts or Cross Currency Contracts, Metal Contracts or CFD Contracts with Customer... FOREX.com Canada makes no warranty, express or implied, that Bid Prices and Ask Prices represent prevailing bid prices and ask prices.

4.3. Order Execution. With the exception of Guaranteed Stop Loss Orders, FOREX.com Canada will attempt to execute all Orders that it may, in its sole discretion... Guaranteed Stop Loss Orders will always be executed at your specified order price.

4.4. Principal Trades. All Contracts made and entered into by FOREX.com Canada hereunder, including all Contracts for Difference (CFDs) will be entered into by FOREX.com Canada as principal.



Comments

Alice

Good servers and never felt like they took my money. Thankful to the whole team.




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