FOREX com Review

Tried to ask customer service these questions and they were rude and argumentative. Just wish I lived somewhere else and could use another broker. Our team of industry experts conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels.Click here to read our full methodology. Stop – A pending order where the entry is at a predetermined point above or below the prevailing market rate depending on whether it’s a buy or sell. The trader also has the option of selecting the expiration time of this order. Limit – A pending order where the entry is at a predetermined point below or above the prevailing market rate depending on whether it’s a buy or sell. In terms of other fees, accounts with no trading activity for more than 12 months are subject to a $15/month inactivity fee.

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Portfolio Analysis

I tried an online chat but they respond veeery slow 5-10 minute per reply. Overall, FOREX.com checks off most of the boxes needed to be considered a good broker. https://www.g2.com/products/dotbig-platform/reviews/ However, the impression that one gets is that it could be so much better if a bit more attention was paid to the primary revenue generator – the customer.

• Withdrawals must follow the deposit path up to the deposit amount and any excess amount via bank wires.
• The broker’s website and trading platforms show market dealing spreads in real time.
• Our team of industry experts conducted our reviews and developed this best-in-industry methodology for ranking online investing platforms for users at all levels.Click here to read our full methodology.
• We use dedicated people and clever technology to safeguard our platform.
• Operational since 2001, Forex.com established itself as one of the most trustworthy brokers in the industry.
• They will also need their ID, social security number or ITIN, and their employer’s name, if applicable.

The amount of money you can expect to pay in commissions varies depending on how often you will be trading. In addition to being regulated by several top-tier authorities worldwide, dotbig.com Forex.com’s real value proposition lies in its low FX fees. We were impressed by the number of currency pairs and the diverse technical research tools available on the platform.

Forex.com Fees

Had a question asking why the balance on my account did not match my MT4 account and was told my profit would show Forex after I withdraw my opening balance….huh! Why it can’t show the balance on the account makes no sense to me.

In the U.S., it is geared towards clients who want to trade the foreign exchange markets. Forex.com also offers clients the Market Strategist service. It is a personalized service for trades that meet the requirements. VPS hosting is available, but unfortunately Forex news only for MT5 accounts, ignoring the market leading MT4 trading platform. A minimum account balance of $5,000 unlocks this service free of charge. Trading with a regulated forex brokers will limit the potential for fraud and malpractice.