Backed by NASDAQ-listed StoneX Group; strong educational content and platform variety.
| Regulated entity | StoneX Europe Ltd |
|---|---|
| Regulation | CySEC No. 400/21 + FCA No. 446717 |
| Other Tier-1 regulators | NFA/CFTC (US), ASIC |
| Founded | 1999 |
| Headquarters | New Jersey, USA (EU ops via Cyprus) |
| Minimum deposit | $100 |
| Avg. spread (EUR/USD) | 1 pips |
| Platforms | Proprietary, MT4, MT5, TradingView |
| Instruments | 80+ FX pairs plus indices, commodities, shares CFDs |
See FOREX.com's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Standard (minimum $100, spreads from roughly 1.0-1.2 pips, no commission), RAW Spread/commission account (minimum $1,000, spreads from about 0.2 pips plus a $5-per-$100k commission), and a DMA tier (minimum $25,000, spreads from about 0.1 pips plus a $60-per-$1m commission, aimed at high-volume/professional clients). An Islamic swap-free account is also available. |
|---|---|
| Execution model | Described as a hybrid market-maker-plus-DMA model -- execution style varies by account tier, with the entry-level accounts likely closer to dealing-desk pricing and the DMA tier offering genuine direct market access. |
| Withdrawals & deposits | No FOREX.com fee confirmed for card or incoming wire deposits, though the client's own bank may charge a cross-border or conversion fee. Minimum withdrawal is 100 units of the account's base currency (or the remaining balance if less); card withdrawals typically process within 24 hours and wire withdrawals within 48 hours, though the receiving bank may apply its own fee. |
| Overnight financing (swap) | Rollover is based on the interest-rate differential between the two currencies in a pair, applied to position size, per FOREX.com's own published rollover-rates methodology; Wednesday rollovers typically charge three days to cover the weekend. Islamic/rollover-free accounts avoid this charge. |
| Currency conversion cost | Not independently confirmed -- no specific FOREX.com-side conversion percentage was found; any fee for depositing or trading in a non-base currency may instead come from the client's own bank. |
| Inactivity fee | Reports conflict on the exact mechanic -- one source cites $15 after 12 months of inactivity, another suggests $15 per month for dormant accounts. Verify the exact current policy on FOREX.com's own fee schedule before relying on either figure. |
| Customer service | Strong Trustpilot showing, around 4.7/5 from roughly 2,000-2,400 reviews (about 84% five-star), with FOREX.com reportedly responding to nearly all negative reviews within 24 hours; a minority of reviewers report slower or less helpful service. |
| Mobile experience | One independent review scored the mobile app 10/10 for its charting depth (80+ indicators, 11 chart types), though this is an editorial review score rather than a numeric App Store or Google Play star rating, which wasn't found in this research pass. |
| Educational offering | Reviewed as a strong educational offering for beginners, with independent commentary citing its tutorials and overall educational content favorably. |
See how FOREX.com's spread cost compares across every researched broker → · Forex broker fees explained
Is FOREX.com regulated?
Yes -- CySEC No. 400/21 + FCA No. 446717. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if FOREX.com fails?
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails.
What is the minimum deposit at FOREX.com?
Our research confirms a minimum deposit of $100.
What trading platforms does FOREX.com offer?
FOREX.com offers Proprietary, MT4, MT5, TradingView.
What is FOREX.com's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 1 pips. See our cost calculator to compare this across every broker we've reviewed.
When was FOREX.com founded?
FOREX.com was founded in 1999.
How is FOREX.com's overall score calculated?
FOREX.com currently scores 3.59/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
Ratings as found via each site's published/indexed content, not our own testing and not independently re-verified against the live page -- treat as a snapshot and check the source before relying on it. Each card links to where we found it.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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