About the broker
Forex.com is one of the most established online forex brokers. They have been in the sector since 1999 and they are under the ownership of the GAIN Capital Holdings which is listed on the New York Stock Exchange.
They operate in many different countries and are well regulated across the world. The GAIN Capital group has more than 200,000 institutional and retail clients. They have a wide variety of investment options. With more than 220 CFDs and 85 currency pairs to choose from.
Forex.com is a trading name as part of the GAIN Capital UK Limited. This company has a license from the Financial Conduct Authority (FCA) n the United Kingdom. Their parent company also have licenses in the likes of Australia, the United States, Japan, Canada and the United Kingdom.
Pros and Cons
- Very competitive fee structure
- Three trading platforms to choose from
- Quality research offering
- Great mobile trading platform
- Wide variety of investments
- Their customer support is a bit lacking
Forex.com has one of the most straightforward and competitive fee structures in the forex space. They have discounts for the likes of high volume traders and as they are a market maker, they can be more competitive with their fee structure.
They have proprietary trading platforms for you to use or industry standard MetaTrader if you prefer. Their research resources are some of the best in the game and are well laid out so you can quickly find the information that you need.
The only area where they really fall down is their customer service, which is just simply average. Overall, Forex.com is one of the best brokers in the industry today.