Forex.com Review 2026
Forex.com is a US based broker with real licenses in several countries, though its parent firm has paid NFA and CFTC fines more than once since 2010.
Min Deposit
$100
Spreads From
0.2 pips
Max Leverage
1:50
Platforms
3
Pros
- Genuine regulation in the US, UK, Australia, Cyprus, Canada, and Singapore
- RAW account spreads can reach 0.0 pips for active, cost aware traders
- Supports MetaTrader 4, MetaTrader 5, and TradingView on one account
- Inactivity fee only starts after a full twelve months with no trades
- Deep research library with daily analyst notes and a full trading academy
Cons
- NFA and CFTC have fined the firm more than once since 2010 for real rule breaks
- Trustpilot reviewers often report slow withdrawals and extra document checks
- Standard commission free account spreads are not the cheapest around
- Gain Capital UK Limited plans to give up its own FCA licence in the UK
- The suggested deposit is far higher than the real 100 dollar minimum
- The main global site runs through a Cayman Islands firm, a lighter regulator
Forex.com is a trading brand owned by GAIN Capital Group, a firm started in 1999 in New Jersey. StoneX Group bought GAIN Capital in 2020. US regulators have fined the firm more than once. The NFA fined it in 2010 and again in 2022, and the CFTC fined a UK unit in 2020 for wrongly onboarding US clients.
Traders can open a standard account with no commission, or a RAW account with spreads from 0.0 pips plus a small fee per lot. Forex.com runs MetaTrader 4, MetaTrader 5, and TradingView, next to its own web platform. The real minimum deposit is only 100 dollars. An inactivity fee starts only after a full year with no trades.
On Trustpilot, Forex.com holds a strong 4.6 score from thousands of reviews, and most feedback praises support and easy platforms. Even so, a real share of low reviews point to slow withdrawals and extra document checks. In January 2026, the UK arm said it will give up its own FCA licence, though StoneX Financial Ltd keeps Forex.com running under full FCA rules.
Min. Deposit
USD 100
Max Leverage
1:50 in the US, 1:30 in the UK and EU, higher elsewhere
Spreads From
0.0 pips on the RAW Pricing account, plus commission
Platforms
Forex.com is operated by GAIN Capital (now part of StoneX Group) and is one of the most established online forex brokers in the United States, founded in 1999. It is one of the very few forex brokers that is fully regulated by the NFA and CFTC and accepts US retail clients, making it a critical option for American traders.
The broker offers 80+ currency pairs, precious metals, indices, commodities, and cryptocurrency CFDs for non-US clients. For US clients, the offering is limited to spot forex and selected metals under CFTC regulations. Forex.com supports MetaTrader 4, its proprietary Advanced Trading platform, and a streamlined Web Trader.
Maximum leverage for US clients is 1:50, consistent with CFTC limits, while international clients can access leverage up to 1:200. Forex.com is particularly noted for its competitive spreads, institutional pricing through its DMA account, and a comprehensive research offering including daily analysis from its in-house research team.
Standard
Commission
DMA
80+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- NFA (USA)
- CFTC (USA)
- FCA (UK)
- ASIC (Australia)
Last verified: July 1, 2026
