These suggestions would guide to how you would choose a trustworthy broker for you. Our forex broker reviews will explain to you how the rollover rate works in trading. Tradeview Forex offers attractive trading conditions on a variety of trading platforms, with the only concern it’s regulation that is seen as of a light touch.
Our guide to the Best Forex Brokers for 2022 is a great resource for traders who are looking for a forex broker, and our Beginner’s Guide is a great starting point for newer, less experienced forex traders. The broker’s website lists multiple ways that clients can contact FOREX.com, including online chat and live phone support, from 10 a.m. FAQs and website client support were satisfactory, but repeated attempts to contact via “live chat” proved to be unsuccessful. Social media https://www.share-talk.com/universal-broker-dotbig-cryptocurrency-trading-opportunities/ support is not available, although they do have social media accounts where they post market analysis and company information. Although FOREX.com’s platforms offer tons of indicators, little explanation is provided within them as to what each is used for and how to interpret them. Read through FOREX.com’s extensive education section for additional help, since the platform is aimed primarily at traders who already have a strong grasp of the forex market and technical analysis.
Is FOREX.com Safe?
They offer a large range of trading instruments across multiple markets and easy to use trading platforms. Client funds have security by being held in segregated accounts and they are very transparent with their Execution Scorecard. I like how there is no commission charged on some accounts which can be an attractive proposition. Beginners can get free access to a vast array of educational materials and demo account.
- Trend Line Trading the Complete Guideline Trend Lines is the most popular and versatile trading tool by which traders can get a lot of services to get …
- FOREX.com offers U.S. clients leveraged access to over 80 currency pairs with competitive spreads across different account types.
- City Index is another trading service provider under the same umbrella which emphasises the size of the company.
- This allows traders with a balance of at least $10,000 in their account to receive a cash rebate on their traded volume.
- FOREX.com offers a comprehensive range of trader education courses organized by experience and skill level.
We are disappointed you have not had a good experience with FOREX.com. After 1hr on hold no one ever answered in customer support. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this https://www.plus500.com/en-US/Trading/Forex site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
A Forex broker is a company that provides traders with access to platforms that allow them to buy and sell foreign currencies. FOREX.com and its subsidiaries are regulated in 8 jurisdictions worldwide, including CFTC/NFA in the US, IIROC in Canada, Forex news FCA in the UK, and CIMA in the Cayman Islands. We operate in highly regulated environments, with strong oversight into trading practices and execution. We do not pick and choose which trades to accept or adjust price or the trades’ execution speed.
For professional traders who need the tightest possible spreads and lowest overall trading costs, the STP PRO account may be preferable. I often find myself switching between the desktop platform and trading app. This is because I need the full functionality of the desktop version to analyse the markets but find the mobile app great for following my trades wherever I am at any time I feel like it. They are one of the most well-regulated brokers you can find along with IG. I really like how they provide protection to traders from all across the globe.