FOREX.com Review
The World's #1 US Forex Broker
Written By
ForexRater Editorial Team
Data-driven broker comparison · Independently tested · No paid rankings
Reviews represent the editorial opinion of ForexRater and are not personal financial advice.
Overview
FOREX.com has operated since 1999 as part of GAIN Capital, itself a subsidiary of StoneX Group Inc. (NASDAQ: SNEX) — a Fortune 100 company with over $7.4 billion in client segregated funds. With tier-1 regulation across six major jurisdictions including the CFTC, NFA, FCA, ASIC, CySEC, and CIRO, FOREX.com is one of the only global brokers still accepting US retail forex traders — a meaningful signal of compliance strength.
The broker serves over 400,000 active accounts across 180+ countries and reports $10.7 billion in average daily transaction volume, putting it in the same league as professional platforms. Its proprietary Advanced Trader platform integrates natively with TradingView charts and includes a unique Performance Analytics tool that audits your trading history to identify strengths and weaknesses — a feature few retail brokers offer.
For non-US clients, FOREX.com provides access to 5,500+ instruments including 80+ forex pairs, 4,500+ stock CFDs, indices, commodities, and cryptocurrency CFDs. UK clients can access spread betting — a tax-free alternative to CFD trading under HMRC rules. The RAW Pricing account and Active Trader Program make FOREX.com particularly compelling for professional and high-volume traders who can offset costs through tiered rebates.
Audit Scorecard
Our Verdict
FOREX.com occupies a rare position in the industry: a globally regulated, institutionally backed broker that still accepts US retail clients. That alone makes it the default recommendation for American forex traders who have limited alternatives. The StoneX/GAIN Capital parentage provides genuine financial stability — this is a Fortune 100 subsidiary with $7.4 billion in publicly audited client segregated funds. The RAW Pricing account delivers competitive all-in costs for active traders, and the Active Trader Programme provides up to 15% rebate on commissions for qualifying volume. The Performance Analytics tool is genuinely differentiated — no comparable retail broker offers automated trading self-assessment built into the platform. The proprietary Advanced Trader platform integrates natively with TradingView, giving professional-grade charting without leaving the broker's ecosystem. The weaknesses are real: Standard spreads averaging 1.2 pips on EUR/USD are not competitive with ECN-first brokers like Pepperstone or IC Markets. The $25/month inactivity fee is steep. The DMA account's $25,000 minimum locks out most retail traders from institutional pricing. Demo accounts expire after 30 days — unusual for a major broker. Best for US traders (one of the only serious options), globally active professionals, and UK traders seeking spread betting with TradingView-grade charting.
Pros & Cons
The Good
- One of the few major brokers accepting US clients
- Parent company StoneX listed on NASDAQ (Fortune 100)
- Performance Analytics tool unique to the industry
- TradingView native integration on Advanced Trader
- Spread betting available for UK clients (tax-free)
- 6 tier-1 regulatory licenses across key jurisdictions
- 5,500+ instruments globally (80+ forex, 4,500+ stocks)
The Bad
- Standard spreads are above-average (1.2 pips EUR/USD)
- DMA account requires $25,000 minimum balance
- Inactivity fee of $25/month after 12 inactive months
- Demo account expires (30 days) — rare downside
- US clients limited to forex + crypto only (no stock CFDs)
- Support English-only in many regions
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Also Consider
Risk Warning
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite.
72% of retail investor accounts lose money when trading CFDs with this provider.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.