broker – forex

FOREX Review

Forex.com is the place to be if you are looking to trade with a forex broker that offers traders the leading currency pairs, Gold, Silver, Oil and CFDs. The website looks quite advanced and professional, showing that this broker values its appearance. This is a fully regulated broker that has been around since 1999 – making it one of the older online forex brokers around. Read the review below to see what features Forex.com has to offer you while you trade the financial markets.

Company Information

Name:
Forex
Website:
www.forex.com
Founded in:
1999
Headquarters:
New Jersey, USA
The Owner:
Gain Capital Holdings, Inc.
Regulation:
NFA, CFTC
Phone:
+1 908 731 0750
Email:
info@forex.com
Minimum Lot Size:
1,000
Maximum Leverage:
1:50
Minimum Deposit:
$500
Minimum Trade Amount:
$10
Maximum PerTrade:
N/A
Languages available:
English,Japanese, Chinese, Russian, Arabic

Trading Platform

You may start trading from the downloadable FOREX Trader PRO platform, FOREX Trader PRO. web, the FOREX.com Web Trading or the FOREX Trader Mobile. In addition, you can choosetotrade with the MetaTrader 4 platform, and take advantage of all its key features.

The FOREX Trader PRO.web is a web-based trading platform which is more suitable to novice traders who have little experience with online trading. It is compatible with both Mac and PC. There are special charting tools,streaming news, education, commentaryand much more.

The FOREXTrader PRO platform is more suitable for advanced forex traders. This trading platform contains important features we expect from a top broker. Traders are able to effectively switch between different platforms from the same trading account. Take advantage of the live news feed, dozens of technical charts and an economic calendar. The platform alsoconsists of a detailed glossary of the most important trading terms.

The mobile trading platform is a plus to traders that find themselves on the go most of the time. If you have an iPhone or other type of phone, then Forex.com has the tools for you to trade wherever you are.

Main Features

Forex.com does have areasonable amount of features, but not as many as other brokers we reviewed. There is a lack of education and social trading features compared to other brokers such as SunbirdFX, Ava FX andeToro. It is impotent to note that this broker does offer the features necessary to become a successfulforex trader.

There is analysis written by the expert staff at Forex .com on a daily basis. There is also an autotrading feature which is run in collaborationwithZuluTrade. There are webinars, online courses and video tutorials fortraders who wish to educate themselves about the forex market on a regular basis.

Customer Support

The customer support at Forex.com is as good as any of the other brokers we’ve evaluated. You may contact the customer support team 5 days a week, 24 hours a day. We tried the live chat several times and received a response in less thana minute. The email support took 3 hours to answer our questions. The phone reps very friendly and helped us out with all our trading questions.

User Friendly

The trading platforms, education features and overall working of the website make the user experience something to remember. You can contact the support team during market hours, so when you get stuck there is always someone to assist you.

Traders can start trading with a free demo account, a vital featurerequired to become at least anintermediate forex trader. The registration process was longer than with some other brokers, but we do not consider this a seriousissue due to the secure trading environment.

Ultimate Overview

The broker offers traders a unique experience not to forget. Trading Forex and CFDs in a regulated trading setting is attractive for many professional traders. Most traders feel it is important to trade with an online broker which has credibility. As a whole, we can say that we are impressed with Forex.com’sofferings. Visit the website yourself to find out what else at Forex.cowill appeal to your trading style.

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