FOREX.com

General Information & Regulation

FOREX.com is the leading global retail online trading brand of Gain Capital, owned by NASDAQ-listed StoneX Group Inc. Founded in 1999, this company has developed into a global leader in online trading and operates through its regulated subsidiaries in seven major financial jurisdictions around the world, including the Financial Conduct Authority (FCA), the Commodity Futures Commission (CFTC), the American National Futures Association (NFA), the Australian Securities and Investments Commission (ASIC), and the Japan Financial Services Authority (FSA). Financial Services Authority (FSA), Monetary Authority of Singapore (MAS), and Cayman Islands Monetary Authority (CIMA). The company is currently regulated by two of the world's leading primary regulators, with credible security.

Market Instruments

The highly competitive quotes and quality trade execution of the Karson trading platform allow investors to trade over 180 products, more than 80 foreign exchange, 220 stocks, crude oil, commodities, gold, silver, stock indices, and other trading products. Popular OTC products are also offered including Gold/USD, EUR/USD, GBP/USD, CNH, Crude Oil Futures, Tesla, Alibaba, Tencent, Hong Kong Hang Seng Index, and Wall Street Dow Jones Index.

Minimum Deposit

FOREX.com's account types include MT4 accounts, MT5 accounts, and this company's exclusive accounts. The minimum deposit to open an account is $100, and this broker advises to have at least 1000 units of traders' account currecy.

FOREX.com Leverage

The default leverage for MT4 and MT5 accounts is 1:200, with 50, 100, and 400 times' leverage available. The default leverage for the company's exclusive accounts is 1:200, and the leverage of 1:400 is also available.

Spreads & Commissions

There are no commissions for Forex tradings, and the company only charges spreads. The main spreads for Forex products are 1.5 pips for EUR/USD, 1.6pips for GBP/USD, and 1.5 for AUD/USD, with spreads as low as 0.035 for gold and 0.35 for silver. The lowest spread for commodity futures (crude oil) is 0.04 pips, and the lowest spread for spot commodities is about 1.5 pips off the market price. The lowest spread for OTC stock indices trading is 1 pip, and the lowest spread for OTC stock trading is also 1 pip. SWAPs are calculated based on 10,000 positions and are denominated in U.S. dollars. SWAPs are executed at 5:00 p.m. EST and any positions held at that time are included in the SWAP calculation.

Trading Platform Applied

Karson Group offers investors the world's most advanced and popularly-used MT4 and MT5 platforms, as well as FOREX.com's exclusive trading platforms. The exclusive trading platform offers powerful tools for sophisticated traders who require sophisticated trading functionality and analytical tools, including powerful charting tools, a wide range of technical indicators, various charting tools, advanced analytical tools, and support for desktop, web, and mobile versions. FOREX.com's Metatrader platform is optimized to support all Expert Advisors (EA). Easily integrate traders' EAs into the company's platform and be free from third-party transitions or automatic synchronization.

Deposit & Withdrawal

This company welcomes deposit and withdrawal by the method of bank wire and credit card/ debit card. There are no fees for credit/debit card withdrawals, while wire transfers in USD may be subject to some bank charges. The company will process the withdrawal request within two business days and credit the client's receiving bank, depending on the bank's processing speed.