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Forex.com Broker Review:2021

Since 2001, Forex.com has been offering over 200,000 traders across the globe access to trade 300 global markets including 80 FX pairs, 220 Shares, Commodities, Equities, Indices and Cryptocurrency. The longevity of Forex.com helps to reassure traders that they are using an established broker with years of experience within the trading industry. Forex.com are one of the leading trading brokers globally, with a proven track record of consistently providing exceptional trading choices.

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Forex.com Broker Review:2021

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  1. Forex.com • Since 2001, Forex.com has been offering over 200,000 traders across the globe access to trade 300+ global markets including 80+ FX pairs, 220+ Shares, Commodities, Equities, Indices and Cryptocurrency. The longevity of Forex.com helps to reassure traders that they are using an established broker with years of experience within the tradingindustry. • Forex.com are one of the leading trading brokers globally, with a proven track record of consistently providing exceptional trading conditions to retail traders. They have earnedthe • trust and loyalty of many traders due to their fast execution speeds and competitively low trading costs, with the statistics to back thisup. • Forex.com headquarters is in the US. The address is 135 US Highway 202/206 Bedminster, New Jersey, 07921. However, it has a fully operational UK presence as well. FOREX.com's parent company StoneX Group, Inc., is publicly traded (NASDAQ: SNEX) and regulated in 4 tier-1jurisdictions. • The 2001-established company is regulated by several financial authorities, including the top-tier Financial Conduct Authority (FCA) in the UK and the US Commodity Futures Trading Commission(CFTC). • Pros &Cons Pros • Stone X, the parent company, is publicly traded on theNYSE • Wide range of productofferings

  2. Trading View charts built into the webplatform • Regulated by FCA (UK) & CFTC, NFA(US.) • Offers protection for U.K./E.U. client accounts • Rebates for high-volumetraders • Commission-free trading • Accepts USclients • Fits well with high volumetraders • Trades over 90 currencypairs • client can Choose between standard and commission accounts to reducecosts • Multiple platforms, includingMetaTrader. • Cons • No account protection for USclients • No guaranteed stop losses for USclients • CFDs not available in theUS • The broker's UK entity makes available crypto CDFs neither to retail traders nor British residents. • Subpar websitemaintenance • Limited assets outside of foreign exchange. • Is Forex.com a scam?Regulations • Forex.com is the numero uno forex broker in the US as far as customer funds go. CFTC registered with the CFTC,FOREX.com is a member of the NFA (#0339826). Moreover, GAIN Capital UK Ltd (Broker's British entity) is authorised and regulated by the Financial Conduct Authority (FCA#113942). • Segregated Client funds are a guarantee ofsecurity. • British and Continental traders are FSCS-protected to the extent of £85,000. In addition, traders can avail of Guaranteed stop-loss and negative balance protection, albeit at acost. • The Canadian Investor Protection Fund looks after Canadian trader investments with FOREX.com. • As far as user security goes, the data is encrypted using SHA256, TripleDes and MD5. On the other hand, Two-Factor Authentication (2FA) and biometrics (mobile application) secure access. • Publicly traded, Forex.com is authorised by four tier-1 regulators and one tier-3 regulator (low trust). Significantly, it does not operate a bank. Following tier-1 regulators regulate the broker: Financial Conduct Authority (FCA), Investment Industry Regulatory Organization of Canada (IIROC), Japanese Financial Services Authority (JFSA), and the Commodity Futures Trading Commission (CFTC) NEFA (National FuturesAssociation). • FOREX.com's parent company is publicly traded (NASDAQ: SNEX) and regulated in four tier-1jurisdictions. • FOREX.com tops across four core categories: Offering of Investments, Platform and Tools, Mobile Trading, andEducation.

  3. FOREX.com's multi-asset offering performs the best on its flagship Advanced Trading (desktop) and Web Trading (browser)platforms. • Forex.com Trading Account Types • Standardaccount • The standard account is best suited to beginners and novices. It has higher spread costs and no commissions. • Commission account • The commission account targets high-volume and expert traders. Here, you pay a commission in exchange for lowerspreads. • Direct market accessaccount • For advanced/professional, high-volume traders, this account has a recommended minimum balance of $25,000. It has lower spreads and higher volume requirements for the lowest commissions afterrebates. • Demoaccount • The demo account permits you to fully get used to the characteristics of the broker's platforms. Also, you can find out if, as a beginner in FX trading, you are really ready to commit real funds even as you practice with virtual funds in demo account simulated trading. • Forex.com accountopening • You only need to submit your name, address and tax ID to substantiate your identity. You will be submitting documentary proof to thisend. • Valid and currentpassport • Valid and current driver'slicense • Valid and current nationalID • You can prove your residential status bysubmitting: • photo ID with address,Government-issued • Bank/credit cardstatement • Utilitybills • You can upload these documents through the MyAccountsection. • It is possible to open a joint or corporate account with some extra steps. You can start trading with$100.

  4. Visit Broker:Forex.com

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