Forex.com Review
By Itai Varochik | Last updated January 15, 2026
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Our Verdict
Forex.com is the best option for US-based forex traders.
GetASearch Score: 7.5/10
Rating: 4.2/5 (876 reviews)
Pros
- CFTC/NFA regulated
- Multiple account types
- Competitive spreads
Cons
- Limited to forex/commodities
- Desktop platform dated
Score Breakdown
| Criteria | Score |
|---|---|
| Features | 7.5/10 |
| Ease of Use | 7.0/10 |
| Value for Money | 8.0/10 |
| Customer Support | 7.0/10 |
| Overall | 7.5/10 |
What is Forex.com?
Forex.com is one of the largest and most established forex brokers in the United States, operating under the umbrella of StoneX Group (formerly GAIN Capital). Founded in 2001, the platform has built a reputation for regulatory compliance, holding licenses from the NFA and CFTC in the US, as well as the FCA in the UK and ASIC in Australia. The platform offers access to over 80 currency pairs, including all major, minor, and exotic pairs, alongside CFDs on indices, commodities, and cryptocurrencies in non-US markets. Forex.com provides three distinct trading platforms: its proprietary web and mobile platform, the industry-standard MetaTrader 4 (MT4), and the advanced MetaTrader 5 (MT5) for traders who need depth-of-market data and more order types. Pricing is competitive, with spreads starting from 0.0 pips on the RAW pricing account (which carries a $7 per round-turn commission) and from 1.0 pips on the standard spread-only account. The platform also offers a Direct Market Access (DMA) account for high-volume traders who want to interact directly with liquidity providers. Active trader rebates can reduce costs further for those trading more than $25 million in notional volume per month. Research and education are particular strengths. Forex.com provides daily market analysis from its in-house team, Trading Central integration for technical analysis, and a comprehensive learning center with courses ranging from forex basics to advanced strategy development. The economic calendar and real-time news feed keep traders informed of market-moving events. Risk management tools include guaranteed stop-loss orders (where available), negative balance protection, and customizable alerts. The mobile app mirrors most desktop functionality, allowing traders to manage positions, set alerts, and execute trades on the go with minimal latency. For US-based forex traders, Forex.com remains one of the few fully regulated options, making it a default choice for compliance-conscious traders. The platform's depth of market access, research quality, and competitive pricing structure make it suitable for both intermediate and advanced traders, though complete beginners may find the interface less intuitive than some newer fintech alternatives.
US Regulation: A Key Advantage
Forex.com is registered with the CFTC and NFA, making it one of the few forex brokers that can legally serve US clients.
Three Pricing Models Compared
Forex.com offers three account types: Standard (spread-only, from 0.8 pips), Commission (raw spreads from 0.2 pips + $5/100K), and DMA.
Forex.com Features
| Feature | Available | Description |
|---|---|---|
| Forex Trading | Yes | 80+ currency pairs |
| Advanced Trading | Yes | Multiple platform options |
| Research | Yes | In-house analysis team |
| MT5 | Yes | MetaTrader 5 support |
| TradingView | Yes | TradingView integration |
Forex.com Pricing
From 0.8 pips EUR/USD
Best For
- US forex traders
Not Ideal For
- Non-forex traders
Final Verdict
Forex.com is the best option for US-based forex traders.
Frequently Asked Questions
Is Forex.com the best broker for US forex traders?
It's one of the top 3 alongside IG US and OANDA.
What is Forex.com's commission account?
The commission account charges $5 per $100K traded but offers much tighter spreads (from 0.2 pips).