FOREX.com Trading Platform's Highly Competitive Quotes And High-quality Trade Execution Allow Investors To Trade More Than 180 Products, More Than 80 Kinds Of Foreign Exchange, More Than 220 Kinds Of Stocks, Crude Oil And Commodities, Gold, Silver, Stock Indexes And Other Trading Products. In Addition, It Also Provides Popular Over The Counter Products Including Gold/USD, EUR/USD, GBP/USD, Offshore RMB, Crude Oil Futures, Tesla, Alibaba, Tencent, Hong Kong Hang Seng Index And Wall Street Dow Jones Index.
The Company's Official Website Only Supports Simplified Chinese And English. It Is A Foreign Exchange Brokerage Founded By Mark Galant In The United States In 1999 And Headquartered In New Jersey, USA.
It Mainly Provides Trading Services For Financial Products Such As CFDs, Foreign Exchange, Commodities, Indices, Individual Stocks, Bonds, Gold, Silver, Digital Assets And Futures To Global Clients. The Company's Official Website Only Supports Simplified Chinese And English.
FOREX.com Is Part Of Gain Capital Holdings Inc. (NYSE: GCAP), Which Was Acquired By StoneX Group Inc. (NASDAQ: SNEX) In February 2020.
FOREX.com Official Website Claims That The Company Is Registered And Regulated By Regulators In Eight Different Countries And Regions, Including The United Kingdom, The United States, Canada, Cyprus, The Cayman Islands, Japan, Singapore, Etc. After Inquiry, The Website Is Not Registered And Regulated In Some Of The Regions It Claims, But The Registration And Supervision Of Its Parent Company. The Registration And Supervision Information Of FOREX.com Cannot Be Found At The FCA In The UK, But By Inquiring The Parent Company StoneX Financial Ltd, It Can Be Seen That FOREX.com Is An Authorized Institution. However, It Should Be Noted That The Parent Company Is Regulated At The FCA, And Some Services Are Only For Professional Institutions And Are Not Provided To Retail Users. In The Cyprus Regulatory Registration Information Inquiry, The Parent Company Is Clearly Indicated Under The Supervision Of FOREX.com. The Corresponding Registration Information Can Be Found On The Official Website Of IIROC In Canada. The Registration Supervision Information Of FOREX.com And Its Parent Company Can Basically Be Found In Regulators In Other Regions.
FOREX.com Provides A Total Of Five Account Types. Among Them, There Are Two Special Account Types: Joint Account And Enterprise Account. The Specific Details Are Not Announced. The Other Three Account Types Are Ordinary Account, Original Pricing Account And MetaTrader Platform Account. Ordinary Account, Original Pricing Account And MT Platform Account Have Different Functions And Parameters. Only Ordinary Account Has Demo Trading Account, And The Other Two Have Only One Real Account.
FOREX.com As A Foreign Exchange Broker, Provides A Wealth Of Foreign Exchange Types For Trading, And Also Provides Self-developed And MT4 Trading Platforms. It Has Done A Good Job In Customer Support. The Account Types Are Diverse And Optional, And The Supervision Is Also Real. However, The Platform Still Has Some Shortcomings, Including Specific Parameters Of Different Account Types, Specific Data Related To Deposits And Withdrawals, Etc., And Does Not Provide A Variety Of Trading Categories To Choose From.
Main Business
FOREX.com Highly Competitive Quotations And High-quality Trading Execution, Allowing Investors To Trade More Than 180 Products, More Than 80 Kinds Of Foreign Exchange, More Than 220 Kinds Of Stocks, Crude Oil And Commodities, Gold, Silver, Stock Indexes And Other Trading Products. In Addition, It Also Provides Popular Over The Counter Products Including Gold/USD, EUR/USD, GBP/USD, Offshore RMB, Crude Oil Futures, Tesla, Alibaba, Tencent, Hong Kong Hang Seng Index And Wall Street Dow Jones Index.
Leverage & Account
The Account Types FOREX.com Include MT4 Account, MT5 Account And GAIN Exclusive Trading Account. MT4 Account Can Trade 120 Stock Indices, Spot Precious Metals, And Currency Peer Over The Counter Products. MT5 Account Can Trade 530 Stocks, Stock Indices, Spot Precious Metals, And Currency Peer Over The Counter Products. GAIN Exclusive Account Can Trade More Than 4,500 Stocks, Stock Indices, Spot Precious Metals, Currency Equivalents Over The Counter Products. Leverage Will Bring High Returns To Investors, But On The Other Hand It Will Also Bring High Risks, And Leverage Should Be Used With Caution. The Default Leverage For MT4, MT5 Accounts Is 1:200, With Another 1:50, 1:100 And 1:400 Times Leverage Available. GAIN Exclusive Account Default Leverage Is 1:200, With Another 1:400 Leverage Available.
Spread & Commission Fee
There Is No Commission For Foreign Exchange Transactions, And The Company Only Charges Spread Fees. The Main Spreads For Foreign Exchange Products Are 1.5 In Europe And The United States, 1.6 In Pounds, And 1.5 In Australia. Gold Spreads Are As Low As 0.035 Points, And Silver Spreads Are As Low As 0.35 Points. The Minimum Spread For Commodity Futures (crude Oil) Is 0.04 Points, And The Minimum Spread For Commodity Spot Is About 1.5 Points From The Market Price. The Minimum Spread For Over-the-counter Stock Index Trading Is 1 Point, And The Minimum Spread For Over-the-counter Stock Trading Is Also 1 Point. Overnight Interest Is Calculated Based On 10,000 Positions And Is Denominated In US Dollars. Overnight Interest Is Executed At 5 Pm EST, And Any Positions Held During This Time Will Be Included In The Calculation Of Overnight Interest.
Trading Platform
FOREX.com Provides Investors With The Most Advanced And Popular MT4, MT5 Platforms Worldwide, As Well As FOREX.com Exclusive Trading Platform. FOREX.com Dedicated Trading Platform Provides Powerful Tools For Rigorous Traders Who Need Complex Trading Functions And Analytical Tools, Including Powerful Charting Tools, A Variety Of Technical Indicators, And A Wide Variety Of Charting Tools, Etc., Advanced Analytical Tools, Supporting Desktop Versions, Web And Mobile Ends. GAIN Group's Metatrader Platform Has Been Optimized To Support All Expert Advisors (EAs). Easily Integrate Traders' EAs Into The Company's Platform Without The Hassle Of Third-party Transitions Or Automatic Synchronization.
Deposit And Withdrawal
FOREX.com Supports RMB, Credit Card Or International Telegraphic Transfer To Deposit Funds. There Is No Charge For Credit/debit Card Withdrawals, Telegraphic Transfers In US Dollars May Be Partially Charged By The Bank.
