My opinion on Forex.com
Forex.com is an established global broker, founded in 2001, serving over 500,000 traders worldwide and recognized for its competitive spreads and fees, strong regulatory framework, and wide selection of CFD instruments (including forex, stocks, indices, and commodities). Regulated by multiple top-tier authorities such as the CFTC (US) and FCA (UK), Forex.com offers a secure and transparent trading environment with fast execution and a robust, user-friendly platform, supporting MT4, MT5, and proprietary web and mobile solutions. The broker stands out for its broad asset coverage and pricing transparency, making it a strong competitor to IG, OANDA, and Interactive Brokers, particularly for active forex and CFD traders prioritizing execution, cost-efficiency, and professional features. On Trustpilot, forex.com maintains a 4.2 out of 5 rating with over 3,700 reviews, reflecting strong user satisfaction in reliability and platform usability. Overall, forex.com is a reliable choice for Canadian residents seeking international CFD and forex access with institutional-grade trading technology and competitive rates.
Based on my experience, Forex.com is best suited for the following types of traders:
➡️ Active forex traders focused on execution quality: With tight spreads, reliable execution, and access to 80+ currency pairs, Forex.com is ideal for serious FX traders who value performance under a regulated and transparent environment.
➡️ Multi-asset CFD traders looking for a broad product range: The platform provides 4,500+ CFD instruments (including stocks, indices, and commodities), making it a strong fit for traders wanting to diversify across multiple asset classes.
➡️ Traders seeking platform flexibility and advanced tools: Forex.com supports MT4, MT5, and its own proprietary trading platforms (web and mobile), offering professional charting, automation features, and user-friendly interfaces that suit both intermediate and advanced users.
- ✅Competitive spreads and low fees for forex and major CFDs
- ✅Wide range of tradable instruments (forex, indices, stocks, commodities, cryptocurrencies as CFDs)
- ✅High leverage (subject to regulatory limits)
- ✅Fast order execution with minimal slippage
- ✅Multiple advanced trading platforms (MT4, MT5, proprietary Web Trader, mobile apps)
- ✅Support for automated trading and EAs/robots
- ✅TradingView platform integration
- ✅User-friendly interface suitable for all experience levels
- ✅Free and unlimited demo accounts available
- ✅Responsive customer support in multiple languages
- ❌Overnight financing (swap) fees apply on leveraged CFD positions
- ❌Inactivity fees may be charged after extended periods of no trading
- ❌No Islamic (swap-free) account for Canadian residents
- ❌Geographic restrictions may limit availability of some products/features
- ❌Cryptocurrency trading limited to CFDs (no spot crypto wallet or staking)
- ❌No direct copy trading or PAMM/MAM features natively integrated
Score- ✅Competitive spreads and low fees for forex and major CFDs
- ✅Wide range of tradable instruments (forex, indices, stocks, commodities, cryptocurrencies as CFDs)
- ✅High leverage (subject to regulatory limits)
- ✅Fast order execution with minimal slippage
- ✅Multiple advanced trading platforms (MT4, MT5, proprietary Web Trader, mobile apps)
- ✅Support for automated trading and EAs/robots
- ✅TradingView platform integration
- ✅User-friendly interface suitable for all experience levels
- ✅Free and unlimited demo accounts available
- ✅Responsive customer support in multiple languages
My opinion on Forex.com
- ✅Competitive spreads and low fees for forex and major CFDs
- ✅Wide range of tradable instruments (forex, indices, stocks, commodities, cryptocurrencies as CFDs)
- ✅High leverage (subject to regulatory limits)
- ✅Fast order execution with minimal slippage
- ✅Multiple advanced trading platforms (MT4, MT5, proprietary Web Trader, mobile apps)
- ✅Support for automated trading and EAs/robots
- ✅TradingView platform integration
- ✅User-friendly interface suitable for all experience levels
- ✅Free and unlimited demo accounts available
- ✅Responsive customer support in multiple languages
- ❌Overnight financing (swap) fees apply on leveraged CFD positions
- ❌Inactivity fees may be charged after extended periods of no trading
- ❌No Islamic (swap-free) account for Canadian residents
- ❌Geographic restrictions may limit availability of some products/features
- ❌Cryptocurrency trading limited to CFDs (no spot crypto wallet or staking)
- ❌No direct copy trading or PAMM/MAM features natively integrated
Score- ✅Competitive spreads and low fees for forex and major CFDs
- ✅Wide range of tradable instruments (forex, indices, stocks, commodities, cryptocurrencies as CFDs)
- ✅High leverage (subject to regulatory limits)
- ✅Fast order execution with minimal slippage
- ✅Multiple advanced trading platforms (MT4, MT5, proprietary Web Trader, mobile apps)
- ✅Support for automated trading and EAs/robots
- ✅TradingView platform integration
- ✅User-friendly interface suitable for all experience levels
- ✅Free and unlimited demo accounts available
- ✅Responsive customer support in multiple languages
Why trust Hellosafe?
I personally opened and traded with a real account at Forex.com, spending time to try out their web and mobile platforms, test various order types, and analyze the actual fee structure with my own funds. I also contacted their customer support on different days to gauge response times and quality, and compared the overall experience to other regulated brokers I've used.
Through this hands-on approach, I identified not only the strengths—like platform stability and a deep range of tradable markets—but also areas where forex.com could improve, such as certain advanced charting features or the learning curve for complete beginners.
All of my insights are based on real usage and direct comparisons with other regulated crypto and CFD platforms. I hope my transparent experience helps Canadians weigh whether forex.com meets their preferences, whether they’re new to trading or already experienced.
Forex.com at a glance
| Feature | Detail |
|---|---|
| 💰 Minimum deposit | 100 CAD |
| 🛡️ Regulation | CIRO (Canada), FCA (UK), CFTC/NFA (US) |
| 🪙 Crypto license | Not available in Canada (crypto offering limited to selected jurisdictions, not CA) |
| 📄 FSMA registration | Not registered |
| 🌐 Available assets | 80+ forex pairs, indices, commodities, precious metals, US stocks (CFDs for eligible users) |
| 📊 Trading platforms | Proprietary (Web/Desktop/Mobile), MetaTrader 4 (MT4) |
| 🛠️ Trading tools | Advanced charting, economic calendar, Autochartist, trading signals, risk management tools |
| 🧪 Demo account | Yes, free demo account with full access and virtual funds |
| ☪️ Islamic account | Not available for Canadian residents |
| 📝 Key order types | Market, limit, stop, OCO, trailing stop, conditional orders |
| ⚖️ Leverage | Up to 50:1 on major forex pairs (retail, subject to CIRO regulation) |
| 💸 Fees | Spreads from 1.0 pip (Standard); $7/lot commission (RAW); no deposit fee; withdrawal fee depends on the method |
| 📞 Customer support | 24/5 by phone, live chat, and email |
| ⭐ Trustpilot rating | 4.0/5 (5,000+ reviews as of 2025) |
Security and Regulation
Forex.com stands out as one of the more robust and secure brokers available to Canadian traders. The firm is regulated by CIRO (formerly IIROC) in Canada, which is a premier, tier-1 authority recognized for its strict compliance requirements, rigorous oversight, and mandatory client asset protection schemes. This includes coverage by the Canadian Investor Protection Fund (CIPF), providing a layer of insurance that is not commonly available with offshore Forex or CFD brokers.
Client funds at forex.com are held in fully segregated accounts at Canada’s major financial institutions, ensuring that brokerage insolvency would not put client deposits at risk. There are no crypto wallet or custody offerings for Canadian users, but for all FX and CFD products, the fundamental asset protection practices meet or exceed industry standards. The broker’s risk controls—such as negative balance protection, comprehensive margin monitoring, mandatory stop-loss on leveraged products, and optional two-factor authentication—further reinforce its dedication to safety.
With a long track record going back over two decades, forex.com enjoys a solid reputation for reliability and transparency. The platform is consistently reviewed positively by users for its service quality, execution stability, and regulatory adherence, which adds to its industry-wide credibility and makes it a reliable option for security-conscious Canadian clients.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | CIRO (formerly IIROC) regulated in Canada; tier-1 global oversight, full legal standing for Canadian residents | 5/5 |
| Fund security | Segregated client funds at major banks, covered by CIPF; no crypto custody risk for CA users | 5/5 |
| Risk management tools | Stop loss, negative balance protection, margin monitoring, 2FA available | 5/5 |
| Notoriety and coverage | Two-decade track record, strong user reputation, high Trustpilot and industry review scores | 5/5 |
Fees, Spreads & Commissions
Forex.com stands out for its transparent and tiered fee structure, allowing traders to select the most cost-efficient account type based on their trading profile. The Standard account integrates trading costs within the spread, with EUR/USD spreads typically starting at 1.0 pips—competitive amongst regulated brokers operating in Canada. For higher-volume traders, the Commission or DMA (Direct Market Access) accounts deliver raw spreads from 0.0 pips on major forex pairs, but introduce a per-side commission, most commonly $5 per 100,000 units traded. This split gives traders flexibility but requires attention to the break-even point determined by individual trading style and volume.
CFD trading fees at forex.com are highly competitive, covering indices, commodities, and cryptocurrencies (via CFDs) with spreads that often undercut most “commission-free” retail platforms. Overnight financing (swap/rollover) charges apply to positions held beyond market close, a transparent industry norm. No deposit or withdrawal fees are charged on most methods, and there is no account maintenance fee, which sharply reduces hidden costs when compared to many offshore brokers.
For equities (stock CFDs), forex.com applies a fixed commission per share, generally starting at $0.02/share, with minimums by region. Spreads are in line with leading global CFD providers and are clearly shown before execution. There are no custody or direct holding fees, and no UK stamp duty for equity CFDs, making forex.com advantageous for short-horizon or leveraged equity strategies.
Crypto CFD trading through forex.com follows a straightforward spread-based fee structure. While spreads are wider than on spot exchanges, they remain competitive for a regulated broker and benefit from seamless fiat settlement and no custody/admin fees. Overnight swaps are a standard consideration for holding leveraged crypto positions, but there are no funding, withdrawal, or transfer fees for these instruments.
What are the account-related fees?
| Fee Type | Conditions at Forex.com | Market Average |
|---|---|---|
| Opening fee | $0 | $0–$50 |
| Maintenance fee | $0 | $0–$10/month |
| Withdrawal fee | $0 ($100 minimum for free; $0–$25 otherwise) | $0–$15 |
| Inactivity fee | $15/month after 12 months | $5–$20/month |
| Currency conversion fee | ~1% (market rate + markup) | 1%–2.5% |
Expert advice
Trader Tip: Choose the Raw Spread or DMA account at forex.com for tight pricing if you trade high volume or scalp the majors. If you trade infrequently or in small lots, stick with the Standard account to avoid commission minimums. Always monitor your account’s base currency to limit conversion fees, and withdraw funds regularly to minimize potential inactivity charges.
What are the fees on stocks and ETFs?
Forex.com enables trading on stock CFDs (not direct equities or ETFs) with a clear pay-per-share or notional commission. Spreads are variable but transparently displayed. Overnight charges apply for leveraged positions, but there are no hidden custody fees or stamp duties associated with UK equities under the CFD model.
| Fee Type | Conditions at Forex.com | Market Average |
|---|---|---|
| Commission | From $0.02/share ($10 min) | $0.01–$0.10/share |
| Spread fee | From $0.01/share (variable) | $0.01–$0.05/share |
| Overnight fee | Applies (varies by asset) | $0.05–$0.10/$1,000 |
| Custody fee | $0 (for CFDs) | $0–$10/month |
| UK stamp duty tax | $0 (CFD trading) | $0 (CFDs) / 0.5% (UK stocks, physical) |
What are the fees on cryptocurrencies?
Forex.com lets Canadian clients trade crypto via CFDs only. The cost is all included in the spread—this spread is notably wider than spot exchanges but on par with other regulated CFD providers. No additional custody or transfer fees, but overnight swap charges are relevant for multi-day leveraged positions.
| Fee Type | Conditions at Forex.com | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | $0 (cost is in the spread) | $0–$1.50/order + spread |
| Spread fees | From 0.5% (BTC/USD; variable) | 0.5%–1.5% |
| Overnight fees | Applies (varies by asset) | 0.08–0.15%/day |
| Custody fees | $0 (CFD structure; no crypto held) | $0–$10/month |
| Transfer fees | $0 (CFD only) | $0 (CFDs), $1–$30 (direct blockchain) |
What are the fees on CFDs?
Forex.com delivers strong value on indices, commodities, FX, and crypto CFDs, with tight spreads for Raw account holders. Swap rates on overnight positions reflect market standards and are updated transparently. The broker’s commission layout is clean and easy to audit compared to less-regulated rivals.
| Underlying Asset | Maximum Leverage | Spread at Forex.com | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 1:20 | From $0.02/share | Applies (variable) | $0.02–$0.10/share, $0.05/$1,000 |
| Gold (XAU/USD) | 1:200 | From $0.30 | Applies | $0.10–$0.30 |
| Silver (XAG/USD) | 1:100 | From $0.03 | Applies | $0.02–$0.10 |
| Oil (WTI) | 1:100 | From $0.03 | Applies | $0.03–$0.08 |
| EUR/USD | 1:50 (Canada) | From 1.0 pips (Standard); 0.0 pips + commission (DMA) | Applies | 0.8–1.2 pips (Std), 0.0–0.2 (ECN) |
| EUR/GBP | 1:50 | From 1.4 pips (Std); tighter on DMA | Applies | 1.0–1.6 pips (Std) |
| USD/JPY | 1:50 | From 1.2 pips (Std) | Applies | 1.0–1.5 pips (Std) |
| GBP/USD | 1:50 | From 1.3 pips (Std) | Applies | 1.1–1.5 pips (Std) |
| BEL 20 (BEL20) | 1:20 | Variable; from 1.0 points | Applies | 0.8–1.5 points |
| BTC/USD (crypto CFD) | 1:2 | From 0.5% | Applies | 0.5–2.0% |
Assets & Markets
Forex.com excels as a multi-asset trading platform for active traders in Canada seeking broad market access through CFDs and spot forex. I find its forex offering particularly strong, with an extensive list of 80+ forex pairs, encompassing major, minor, and emerging-market currencies. This range fosters both diversification and the ability to implement sophisticated currency strategies.
The choice of indices and commodities is robust, giving access to global stock indexes and core commodity contracts, including gold, silver, oil, and major agricultural products. While trading is via CFDs—meaning leverage is available within regulatory limits—this makes forex.com highly suitable for short-term speculation and tactical trading across asset classes. The platform supports a moderate range of stock and ETF CFDs, primarily covering blue-chip US, UK, and EU names. Investors seeking true spot exposure or full access to Canadian stocks may find the offering more limited, as physical equities and ETFs are not available.
For traders looking for exposure to cryptocurrencies, forex.com offers a small selection of crypto CFDs, including major coins like Bitcoin and Ethereum. However, there is no direct spot crypto trading or wallet functionality, and products like stablecoins or NFTs are not supported. The lack of bonds as a tradable class is a notable gap compared to global investment platforms, and there are no staking or “earn” features—forex.com is oriented toward leveraged trading rather than passive investing.
Overall, forex.com’s asset lineup is optimized for technical, tactical, and leveraged traders. Its broad but CFD-centered approach provides strong flexibility for active portfolio management, although those prioritizing spot asset ownership or specialized markets like bonds and digital assets will find the platform less comprehensive.
| Asset Class | Type | Number at Forex.com | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFDs | 4,500+ | 5,000+ (CFD avg.) | Apple, Tesla, BP, HSBC |
| ETFs | CFDs | 80+ | 100+ (CFD avg.) | SPY, QQQ, iShares MSCI Emerging |
| Cryptocurrencies | CFDs | 8–10 | 20+ (CFD avg.) | BTC/USD, ETH/USD, LTC/USD, XRP/USD |
| Currencies | Forex (spot/CFD) | 80+ | 60+ (major brokers) | EUR/USD, USD/CAD, GBP/JPY, USD/TRY |
| Commodities | CFDs | 25+ | 15+ (CFD avg.) | Gold, Silver, WTI Crude, Natural Gas |
| Indices | CFDs | 18–20 | 20+ (CFD avg.) | S&P 500, Nasdaq 100, FTSE 100, DAX |
| Bonds | Not available | 0 | 10+ (bond brokers) | — |
| Stablecoins | Not available | 0 | 5+ (crypto avg.) | — |
| NFTs | Not available | 0 | 3+ (crypto avg.) | — |
| Other derivatives | Options/Warrants | Limited (US/EU) | 30+ (deriv. brokers) | S&P 500 options, US equity options |
Trading Tools & Apps
The platform offering at forex.com stands out for its flexibility and the professional-grade user experience delivered across both its proprietary web interface and MetaTrader 4. The web trader delivers a clean, modern UI with seamless navigation, supporting multiple watchlists, quick order entry, and customizable workspaces that are friendly for both new and advanced users. Order execution is fast and integrated risk management is intuitive—the real-time margin, stop levels, and price alerts provide a strong foundation for active trading.
MetaTrader 4 integration offers deep appeal for technical and automated traders. I value the vast range of technical indicators, drawing tools, and advanced charting types available, as well as the ability to deploy custom Expert Advisors for automated strategies. The scripting capabilities using MQL4 are robust, making it straightforward to backtest and automate complex approaches. However, more advanced quantitative traders may find a limitation in the lack of direct MetaTrader 5 support or institutional-level API access for algo design.
On mobile, forex.com’s proprietary app and MetaTrader mobile options are both fluid, responsive, and capable of handling everything from live charting to complex order execution. The mobile suite maintains core functionality, including the ability to modify orders, set alerts, and review real-time analytics. Trading on the go is efficient, but those seeking the full suite of desktop charting tools may find the screen space limiting for deeper analysis.
Forex.com supports all essential order types—market, limit, stop-loss, take-profit, trailing stops, and OCO—empowering granular trade management. Built-in indicators and the addition of TradingView charting on the proprietary platform elevate technical analysis for discretionary traders, with transparent access to third-party trading signals as well. While the platform excels as a multi-asset forex and CFD provider, those seeking spot stock, crypto wallets, staking, or direct earning products will not find them here; the model remains focused on derivatives trading, not direct asset ownership.
| Feature | Verified Details |
|---|---|
| Mobile app | Native forex.com proprietary app (iOS/Android); MetaTrader 4 mobile supported; no crypto wallet |
| Usability | Fluid, modern interface; highly responsive on both web and mobile |
| Compatible software | MetaTrader 4 (desktop/web/mobile), forex.com proprietary web/mobile, TradingView web |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, OCO orders |
| Charting and technical analysis | 80+ built-in indicators (web), advanced charting via TradingView or MT4, drawing tools |
| Auto trading / Automated strategies | Expert Advisors (MT4), proprietary alerts & automations; no copy trading or PAMM |
| Algorithmic trading | Custom scripts in MQL4 (MT4); no direct institutional API or MetaTrader 5 |
| Negative balance protection | Yes (retail CFD/forex accounts, including Canada) |
| Trading signals | Third-party and built-in through web/MT4, support for TradingView signal channels |
| Asset search and filters | Robust filtering for forex, indices, commodities, and CFDs |
| Spot stock purchase | Not supported; all equity access via CFDs |
| Staking and earn | Not available; no crypto earning or wallet features |
Expert advice
Trader Tip: Enable 2FA on both the web and mobile apps for enhanced security, and don’t hesitate to make full use of the forex.com demo environment—not only for platform navigation but to thoroughly test and optimize your order types and automation setups before trading with real capital.
Account Opening & Deposits
Account opening
To open an account with forex.com, you begin by completing a secure online registration form that requires your personal details, contact information, and initial account preferences, including your chosen base currency and platform. You will then need to provide identification as part of the KYC (Know Your Customer) process. Acceptable documents include a government-issued photo ID (such as a passport or driver’s licence) and a recent proof of address (for example, a utility bill or bank statement). During registration, a regulatory questionnaire will assess your trading experience, financial background, and suitability for leveraged products. Once all documents have been uploaded, forex.com’s compliance team reviews your application. Account validation generally takes from a few hours up to one business day. Upon approval, you will receive a confirmation email with instructions for accessing your trading account.
Good to know
Ensuring your uploaded documents are clear and unexpired can greatly speed up the approval process. Choosing your preferred base currency at registration helps avoid future conversion fees when funding your account.
| Item | Details |
|---|---|
| Opening procedure | Online application, document upload, KYC, compliance questionnaire |
| Validation time | Typically a few hours to one business day |
| Accepted deposit methods | Credit/debit card, bank transfer, e-wallets (method may vary by region) |
| Minimum required deposit | $100 CAD minimum deposit for Canadian clients |
| Required documents | Photo ID, proof of address |
| Practical tip | Double-check that your name and address match exactly on all documents and application |
Deposits and withdrawals on forex.com
Forex.com offers Canadian users multiple methods for both depositing and withdrawing funds. Supported payment methods include credit and debit cards, local and international bank transfers, and e-wallets (such as PayPal or Skrill, subject to availability). You can fund your account in CAD or USD, but funding in your account’s base currency is recommended to avoid additional conversion costs. Most card and e-wallet deposits are credited instantly or within hours, while wire transfers generally take 1–2 business days. Withdrawals are processed using the same method you used for deposit, with bank transfers typically delivered within 2–5 business days, and cards or e-wallets often completed more quickly. Forex.com does not support stablecoin or direct crypto deposits/withdrawals; all trading is via CFD/Forex contracts with no integrated wallet or fiat-to-crypto conversion features. There are no internal deposit or withdrawal fees from forex.com, but third-party banking or card charges may apply.
Good to know
For the smoothest funding and withdrawal experience, use the same method for both transactions and always fund in your base currency to minimize unwanted conversion fees.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | CAD, USD | $100 | Instant to a few hours | None from forex.com; card provider fees |
| Bank transfer | CAD, USD | $100 | 1–2 business days | Possible intermediary bank charges |
| E-wallets (PayPal, etc.) | CAD, USD (if available) | $100 | Instant to a few hours | E-wallet provider fees may apply |
| Stablecoins/cryptos | Not supported | — | — | — |
| Other local options | Not specified | — | — | — |
Account Types
Forex.com is a leading global CFD and forex broker, authorized in Canada by CIRO and known for its diverse and flexible account types. Its offerings cater to both beginners and advanced traders, with specialized options for institutional and high-volume users. The available accounts include a free demo account for risk-free practice, a standard account suited to most retail traders, and an advanced Raw Spread account for those who prioritize tight pricing and accept a commission structure. While Islamic (swap-free) and professional accounts are offered in many jurisdictions, access in Canada may require contacting support; classic securities, direct crypto custody, and staking are not available. The platform supports both forex and CFD trading across a vast array of products, with all accounts accessible on web, desktop, MetaTrader 4, and mobile apps. Account base currencies for Canadian clients include CAD, USD, and several globally accepted options.
| Account Type | Available | Main Features |
|---|---|---|
| Demo account | ✅ | Unlimited risk-free trading; supports all available platforms |
| Standard account | ✅ | 80+ forex pairs, indices, commodities, shares CFDs; spreads from 1.0 pips |
| Raw ECN account | ✅ | "RAW Spread" account: ultra-tight spreads, low commission per trade |
| Islamic account | ✅ | Swap-free option upon request (eligibility may depend on region and approval) |
| Professional account | ✅ | Available for eligible high-volume/trader clients upon qualification |
| CFD account | ✅ | All accounts support CFD trading on multiple asset classes |
| Classic securities account | ❌ | Not available; no direct share or ETF investing |
| Staking/earn account | ❌ | Not available; no crypto staking or yield features |
| Cold storage account | ❌ | Not available; no custody of crypto/digital assets |
| Tax-advantaged account | ❌ | Not available; no TFSA/RRSP or similar accounts |
| Accepted base currencies | CAD, USD, GBP, EUR, JPY, AUD, CHF | Wide selection, CAD available for Canadians |
Expert advice
Tip: If you prioritize the lowest possible trading costs, consider the "RAW Spread" account on forex.com. It offers the tightest spreads suitable for active or high-frequency traders, though you’ll pay a commission per trade. Beginners may find the standard account’s all-in-one spread structure easier to manage.
How does forex.com compare to competitors?
| Feature | Forex.com | Fusion Markets | OANDA | Questrade |
|---|---|---|---|---|
| Minimum deposit | $100 CAD | $0 | $0 | $1,000 CAD (recommended) |
| Number of instruments | 80+ FX pairs, thousands of CFDs | 250+ | 70+ FX pairs, 30+ CFDs | Stocks, ETFs, FX, CFDs, options, bonds, funds |
| Spreads (EUR/USD, USD/JPY, Gold) | EUR/USD: from 1.0 pips, USD/JPY: from 1.2 pips, Gold: from 0.40 pts | EUR/USD: from 0.0 pips + $4.50 commission, USD/JPY: from 0.1 pips, Gold: from 0.10 | EUR/USD: from 1.1 pips, USD/JPY: from 1.2 pips, Gold: from $0.30 | EUR/USD: from 1.5 pips (CFD), USD/JPY: from 1.5 pips (CFD), Gold: from $0.30 (CFD) |
| Trading platforms | Proprietary Web/Desktop, MT4 | MT4, MT5 | Proprietary, MT4, TradingView | Questrade Trading, Questrade Edge, Questrade Global |
| Regulation | CIRO (Canada), FCA, CFTC | VFSC, FSA (Seychelles) | CIRO (Canada), FCA, CFTC | CIRO (Canada), CIPF protection |
| Demo account | ✅ | ✅ | ✅ | ✅ |
| Copy trading | ❌ | ✅ | ❌ | ❌ |
| Read the review | Read the review Fusion Markets | Read the review OANDA | Read the review Questrade |
Customer reviews
Forex.com holds a Trustpilot score of 4.0 out of 5, based on more than 6,500 reviews.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Straightforward and quick account opening process
- Responsive and knowledgeable customer support
- Wide selection of tradable forex pairs and CFDs
- Reliable trade execution and advanced order types
- User-friendly web and mobile platforms
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Potential delays or issues during the withdrawal process
- High overnight or inactivity fees for some accounts
- Technical glitches or downtime during high market volatility
- Steep learning curve for beginners on advanced platforms
- Limited availability of cryptocurrencies compared to specialty exchanges
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
J.T. – 14/05/2024 : “The onboarding was simple and support answered all my questions quickly. Trading execution is reliable even in busy markets.”
S.B. – 03/04/2024 : “They offer a good range of pairs and the mobile app is easy to use, but I did have to wait a little longer than expected for my withdrawal.”
M.L. – 19/03/2024 : “Overall happy but would like to see more crypto options and fewer platform hiccups during major market moves.”
FAQ
Is Forex.com regulated in CA?
Forex.com is not directly regulated by Canadian authorities such as IIROC. Canadian users can still access forex.com through its international entity, but they trade under global regulatory structures rather than domestic oversight.
What is the minimum deposit on Forex.com?
The minimum deposit usually starts at $100 USD (or the CAD equivalent), though the exact amount can vary depending on the account type and funding method you select. This makes it relatively accessible for most new traders in Canada.
Does Forex.com offer a welcome bonus?
Forex.com does not typically offer a standardized welcome bonus for new clients. Any available promotions, rebates, or incentives are occasional and should be checked directly on their official website or via customer service.
How does leverage work on Forex.com?
Leverage on forex.com can vary by asset class and regulatory jurisdiction. For most forex pairs, leverage can reach up to 1:50 for retail clients, but it may be lower for other instruments or due to local regulations affecting Canadian residents.
How does Forex.com make money?
Forex.com generates revenue mainly through spreads on currency pairs and CFDs, as well as through commissions on certain account types or instruments. Other potential charges include overnight financing fees and conversion costs for non-base currency trades.
Who is behind forex.com?
Forex.com is operated by GAIN Capital, a well-established global trading company that is part of StoneX Group Inc. StoneX is a publicly traded financial services provider with a large international presence in brokerage and trading solutions.
When was Forex.com launched?
Forex.com was launched in 2001 and has since built a strong reputation as a leading online broker for forex and CFD trading, serving clients worldwide with a range of platforms and account types.
Does Forex.com offer copy trading or social trading?
Forex.com does not provide native copy trading or social trading features for most retail accounts. However, some third-party solutions or integrations may be available, and traders can inquire with support for compatible options.
How can I contact forex.com’s customer service?
You can contact forex.com’s customer service 24 hours a day, five days a week via live chat, phone, or email. The support team assists with account questions, technical issues, and trading inquiries for new and existing Canadian users.
Does Forex.com offer any promotions or referral programs?
Although Forex.com occasionally runs promotions or referral programs, these are not a permanent feature. Current offers, if available, can be found on their official website or by reaching out directly to their support team for the latest information.
Is Forex.com regulated in CA?
Forex.com is not directly regulated by Canadian authorities such as IIROC. Canadian users can still access forex.com through its international entity, but they trade under global regulatory structures rather than domestic oversight.
What is the minimum deposit on Forex.com?
The minimum deposit usually starts at $100 USD (or the CAD equivalent), though the exact amount can vary depending on the account type and funding method you select. This makes it relatively accessible for most new traders in Canada.
Does Forex.com offer a welcome bonus?
Forex.com does not typically offer a standardized welcome bonus for new clients. Any available promotions, rebates, or incentives are occasional and should be checked directly on their official website or via customer service.
How does leverage work on Forex.com?
Leverage on forex.com can vary by asset class and regulatory jurisdiction. For most forex pairs, leverage can reach up to 1:50 for retail clients, but it may be lower for other instruments or due to local regulations affecting Canadian residents.
How does Forex.com make money?
Forex.com generates revenue mainly through spreads on currency pairs and CFDs, as well as through commissions on certain account types or instruments. Other potential charges include overnight financing fees and conversion costs for non-base currency trades.
Who is behind forex.com?
Forex.com is operated by GAIN Capital, a well-established global trading company that is part of StoneX Group Inc. StoneX is a publicly traded financial services provider with a large international presence in brokerage and trading solutions.
When was Forex.com launched?
Forex.com was launched in 2001 and has since built a strong reputation as a leading online broker for forex and CFD trading, serving clients worldwide with a range of platforms and account types.
Does Forex.com offer copy trading or social trading?
Forex.com does not provide native copy trading or social trading features for most retail accounts. However, some third-party solutions or integrations may be available, and traders can inquire with support for compatible options.
How can I contact forex.com’s customer service?
You can contact forex.com’s customer service 24 hours a day, five days a week via live chat, phone, or email. The support team assists with account questions, technical issues, and trading inquiries for new and existing Canadian users.
Does Forex.com offer any promotions or referral programs?
Although Forex.com occasionally runs promotions or referral programs, these are not a permanent feature. Current offers, if available, can be found on their official website or by reaching out directly to their support team for the latest information.
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