Account opening is smooth and fully digital, there is great range of markets and instruments, good Cryptocurrency trading and professional trading platforms with education and research. At RoboForex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital.
There are a limited number of common indicators available, such as RSI, MACD, and moving averages, but drawing functions and more advanced technical tools are missing. Full order functionality is available, including conditional orders and the ability to easily place stop losses and profit targets at the time of a trade. Trading Forex, CFD, Binary Options, and other financial instruments Forex news carries a high risk of loss and is not suitable for all investors. The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. There are companies that allow you to trade under different licenses because sometimes there is a limit for leveraged products by the regulator.
Author of this review
Education Center provides trading concepts, technical analysis, fundamental analgises, trading strategies and trading courses available for beginner, intermediate Forex and advanced traders. Along with that, Forex.com runs regularly Webinars, and updates with Trading News and research materials covering popular and unique points.
72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FOREX.com does not offer “negative balance protection” for U.S. clients. This means that U.S. traders with negative account balances are on the hook for more money than they initially DotBig LTD deposited into their accounts. Clients “negative balance protection,” as mandated by ESMA, and guaranteed stop loss orders , which protects against market gap risk. These rules likely resulted from the SNB event of January 15, 2015 that roiled the markets, especially the highly leveraged retail FX market. 79% of retail investor accounts lose money when trading CFDs with this provider.
How can forex charts help me?
For example, CFDs are not available to U.S. clients but are available outside the U.S. In the U.S., its product line caters solely to spot forex trading, https://www.dukascopy.com/swiss/english/forex/trading/ unleveraged gold & silver, and futures through its affiliate, FuturesOnline. FOREX.com does not offer guaranteed stop loss orders for U.S. clients.
- He is a motivated finance expert, having joined BrokerChooser in 2018.
- This type of account is best for FX traders who want the tightest spreads, and are willing to pay the commissions.
- FOREX.com currently offers 3 customer support contact methods.
- I recommend traders carefully consider trading costs at each account, as the difference makes a notable impact on profitability.
We have created a pool of support experts who specialize in providing technical and professional assistance to traders of any level, available via phone, email, or chat. An account type with the best trading conditions available at the company. It is suitable for both currency and other types of markets. Due to the regulations in the U.S., FOREX.com has a website specifically designed for U.S. traders. FOREX.com operates in over 140 countries and offers trading on asset classes including forex, indices, stocks, and commodities through “contracts-for-differences” . FOREX.com has an easy-to-use trading platform and traders have several versions to choose from.