Forex.com Review: A Brief Description by Traders Union

This company was launched in 1971. Forex.com is a US-regulated brokerage firm with a plethora of services that they offer to both novice and seasoned traders. Forex.com is licensed by the CFTC and is a member of the National Futures Association.

Trading Conditions

To start trading with Forex.com, a trader needs to invest at least $1,000. By depositing this amount into a trading account, clients gain access to all the features of the website. Forex.com provides customers with access to forex currency pairs, indices, stocks, commodities, and even cryptocurrencies.

The average spread starts at 0.2 pips, offering plenty of opportunities to choose any strategy, including those short-term trading tactics like scalping. With a relatively high leverage that is up to 1:400, there are even more possibilities to trade.

As for trading platforms, traders have plenty of choices as they can start working with Metatrader, Ninja Trader, and a proprietary trading terminal that is available on the dashboard once a trader creates an account there.

All the trading terminals that one can find on the Forex.com website are fast and reliable. Moreover, they give even more than simply providing traders with the opportunity to open and close trades. By using them, everyone can conduct deep market analysis using 100+ indicators, graphic tools, and other useful features.

Apart from this, Metatrader offers the opportunity to use automated trading tools like expert advisors, etc. One can add various third-party indicators that are written in the MQL5 programming language.

Additional Features

In this Forex com review, we can’t avoid speaking about the educational program and analysis tools that are provided by the brokerage firm. The company provides its clients with various analysis tools, including the latest research, market insights, trade ideas, etc. All those materials are collected and processed by financial market experts that cooperate with Forex.com. And what is even more important, traders gain access to a detailed macroeconomic calendar that will help them to find out more about the approaching key events.

Those traders who take their first steps in trading are offered a fantastic educational program that includes all they need to jump-start their careers. Newcomers can dive deeper into the basics of trading, key concepts of technical analysis, etc. Aside from these topics, Forex.com provides its clients with informational support on money and risk management.

Final Thoughts

Forex.com provides its clients with top-notch financial services, allowing them to trade currency pairs, stocks, indices, cryptocurrencies, etc. Apart from trading opportunities, one can learn more about Forex basics and benefit from top-notch analysis materials. Forex.com provides its clients with a variety of trading platforms, including browser terminals and mobile apps.