Stock CFD fees are quite high, and the desktop platform is not easy to use. On the downside, the desktop trading platform is less user-friendly and the design feels outdated. It was hard to navigate the platform and it felt too crammed with functions. How long does it take to withdraw money from Forex.com? Bank transfers can take 2-3 business days, while credit/debit card withdrawal can take longer, up to 5 business days. The stock index CFD fees are low, while stock CFD fees are high.

We are disappointed you have not had a good experience with FOREX.com. When I withdrew I received an email saying it could take 2 business days to get my money.

Forex review

This account is available only through proprietary platform and recommended for a minimum of 25k$ deposit, so the professional traders can benefit from superior conditions Forex.com provides. Leverage as a popular tool widely used by the brokers and traders allows trading of larger capital compared to the initial capital. Previously brokers generously awarded trader by high leverage ratios, yet the US regulation and recent update from the European http://www.logisticsinc.com/ ESMA set a limited maximum in order to protect clients. It provides balanced conditions for efficient trading on the currency and other types of markets. I have been trading with Blueberry for almost 6months. I love the service of Blueberry, their customer service is very good, I could contact customer support whenever and there is someone reply to me immediately. I recommend BlueberryMarkets for those looking for a regulated broker.

LMFX – Trust Your Funds with a Reliable Broker

It is identical to what CySEC offers but does not come with regulatory restrictions. Unfortunately, Forex.com does not list a phone number and e-mail address on the Contact Us page. Forex.com explains its products and services well and strives for operational excellence. It eliminates the need for customer support and reduces it to emergencies only. Forex.com offers a 30-day time-limited demo account, does not allow multiple ones, and traders cannot request extensions to this time limit. The DMA account minimum trade size is $100K, and traders are recommended to deposit a minimum of $25,000 for this account type.

  • You should engage in any such activity only if you are fully aware of the relevant risks.
  • We are always looking for ways to improve, so if you have any suggestions, we would be happy to hear from you.
  • It allows investors to follow strategy managers, and FXTM provides relevant information on each.
  • It is a personalized service for trades that meet the requirements.
  • Forex.com also offers clients the Market Strategist service.

High-volume traders receive exclusive benefits such as cash rebates, earned interest, waived bank fees, and dedicated one-on-one support. These cash rebates can reduce trading costs by up to 15%, and traders can earn up to 1% APY interest on their average daily available margin. The same high-quality approach extends to education, where Forex.com provides beginner traders with seven themes, including risk management. Each category consists of YouTube videos, charts, images, and written content. Traders may choose from three account types at Forex.com, but one requires higher deposits. I recommend traders carefully consider trading costs at each account, as the difference makes a notable impact on profitability.

Comptes Forex MT4

Clients can trade directly from charts by right-clicking and selecting the "trade" option or by clicking on the "buy" and "sell" buttons along the top of the chart. This brings up an order window where the entry, stop loss, and profit target are set. One-click trading can be enabled for rapid trade execution. 79% of retail investor accounts lose money when trading CFDs with this provider. Lastly, the third account option designed specifically for high-volume traders and named Direct Market Access Account where the maximum of the control is applied.

Forex review

You’ll likely be impressed with FOREX.com’s research and education offerings. Let’s take a look at 3 helpful features the brokerage offers for trader education. Those who use technical analysis to inform their trading will appreciate FOREX.com’s technical indicator offerings with over 90 individual indicators to choose from. You can add indicators to a currency pair’s chart with a single click and can add multiple indicators to a chart.

Research offerings

Had a question asking why the balance on my account did not match my MT4 account and was told my profit would show after I withdraw my opening balance….huh! Why it can’t show the balance on the account makes no sense to me. Tried to ask customer service these questions and they were rude and argumentative. Just wish I lived somewhere else and could use another broker. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

FOREX.com Education

With 4,500 equity CFDs, Forex.com is ideal for asset managers, but ETF brokers are not available, which is a shame. I also want to note that the choice for equity traders depends on the geographic location, with some jurisdictions reduced to 220+. Forex.com offers a competitive list of assets for those with access to all available instruments. Otherwise, the choice is certainly good enough for beginner traders. Please reach DotBig.com out to our support team if you require a deeper explanation or have any additional questions by phone, live chat, or email Even if you do open a FOREX.com account to speculate in the forex market, you should also open another account with a stockbroker to invest for your retirement. The user experience at FOREX.com starts well with the green live chat bar at the right side of its website page and on the mobile app.

To qualify for this Active Trader Program, investors must make a minimum initial deposit of $10,000 or trade $50 million in a calendar month. To remain eligible, investors must trade a minimum of $50 million per quarter or keep an average account balance of $25,000. The minimum deposit for all traders is $10 for the Micro account and $500 for Advantage/Advantage Plus. The minimum deposit at FXTM for the Micro Account is $50 or a currency equivalent. The Advantage and Advantage Plus alternatives each require a minimum deposit of $500.

Trade For Rewards

Trading with leverage can wipe your account even faster. Reliable trading platform It’s a great platform which has flexible access to all trading tools and very https://www.innovationguru.in/dotbig-forex-broker-review/ easy to deal with and the most important thing it can be customized as much as you could imagine. And last but not least, the connection to servers is reliable.

The DMA account features Forex spreads from 0.1 pips for a minimum commission of $6.00 for a final cost of $7.00 but is lowered up to 67% via the volume-based rebate program to $3.00. Transparent trading environment with low costs in the commission-based accounts. The core MT4/MT5 trading platforms are available, alongside a cutting-edge proprietary trading platform. Sorry if I upset you again but I have to say that your reply seems persuading to novices only, but not persuading to experienced traders with some knowledge of the industry. Your reply is somewhat misleading traders on purpose to believe that UK brokers, for instance, are not allowed by their regulator to accept traders from other countries. Any regulators in any countries not only want to attract traders from home but also traders from abroard to develop their country economy. You are talking about your will/policy but misleading that it is your regulator’s will.