Forex.com Review

A long-standing, multi-regulated broker backed by NASDAQ-listed StoneX.

Our verdict

Backed by NASDAQ-listed StoneX and regulated by the FCA, NFA/CFTC and ASIC, Forex.com is a trusted, full-service broker — one of the few strong options that also serves US traders, with a wide platform choice.

Founded
2001 New Jersey, US
Regulators
FCA · NFA · ASIC parent: StoneX
Minimum deposit
US$100 —
EUR/USD from
~1.0 pips or RAW + commission
Platforms
Own · MT4 · MT5 + TradingView
Instruments
5,500+ ~80 FX pairs

The score, by criterion

How Forex.com scores

Regulation & fund safety · 30%
9.3
Trading costs · 25%
8.6
Execution quality · 20%
8.8
Client protections · 15%
8.8
Platforms & range · 10%
9.1

Strengths

  • Regulated by tier-1 FCA, NFA/CFTC and ASIC under NASDAQ-listed parent StoneX (SNEX).
  • Competitive forex pricing with a choice of spread-only or commission (RAW) accounts.
  • Wide platform choice: proprietary apps, MT4, MT5, TradingView and NinjaTrader.
  • ~5,500 instruments across FX, indices, commodities, shares and crypto CFDs.
  • Strong research and technical-analysis tools.

Considerations

  • CFD trading is prohibited for US residents (US clients trade spot FX/futures only).
  • Negative-balance protection applies mainly to UK, EU and Canadian retail clients.
  • Some stock-CFD and withdrawal fees apply depending on region.
  • Product range, leverage and protections vary significantly by jurisdiction.

Regulation & fund safety

Forex.com is regulated by three tier-1 authorities — the FCA, the US NFA/CFTC and ASIC — under its NASDAQ-listed parent, StoneX Group. That US registration makes it one of the few strong, compliant choices for American forex traders.

RegulatorJurisdictionLicence / reg. no.Legal entity
FCAUnited Kingdom446717StoneX Financial Ltd
NFA / CFTCUnited States0339826GAIN Capital Group LLC
ASICAustraliaAFSL 345646StoneX Financial Pty Ltd

Trading costs

Traders choose between a spread-only account (EUR/USD from ~1.0 pip) and a commission (RAW) account with tighter raw spreads plus a per-trade fee. Overall costs are competitive for a full-service, listed-group broker.

Platforms & range

A broad platform line-up — proprietary web and mobile apps, MT4, MT5, TradingView and NinjaTrader — spans roughly 5,500 instruments, with about 80 forex pairs.

Who it's for

A strong fit for US traders needing a compliant, well-capitalised broker, and for anyone wanting tier-1 regulation with a wide platform choice. Non-US traders chasing the very lowest raw spread can find cheaper specialists.

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Risk warning

Trading forex & CFDs carries a high risk of loss — between 74% and 89% of retail investor accounts lose money when trading CFDs. This is independent editorial analysis, not financial advice or a recommendation to trade. Figures such as spreads and licences were verified as of August 2026 and may change; always confirm current terms and licence status in the regulator's own register.

WFX

World FX Awards Editorial Desk

Independent research & rankings

Our reviews follow a fixed, weighted and published methodology — regulation, cost, execution, client protections and platforms. Recognition is never sold, and licence details are verified in each regulator's official register.