Broker review · 2026
FOREX.com review 2026
The largest US forex broker by client funds, owned by StoneX.
FOREX.com is owned by NASDAQ-listed StoneX and is one of the largest forex brokers in the United States. It offers 80+ currency pairs on its own platform, MT4, MT5, TradingView and NinjaTrader, with both spread-only and commission-based RAW pricing.
Pros
- Owned by StoneX, a NASDAQ-listed financial services group
- Wide platform choice including MT5 and TradingView
- RAW pricing account for active traders
- Excellent research, news and education
Cons
- Standard account spreads are average
- Forex only for US clients
- Inactivity fee after 12 months
FOREX.com overview
FOREX.com has served retail traders since 2001 and is part of StoneX Group, a Fortune 500 financial services firm. In the US it is regulated by the CFTC and NFA and offers forex only; outside the US it also offers CFDs on indices, commodities and shares.
Is FOREX.com safe and regulated?
StoneX’s public listing, US RFED registration and licences from the FCA, CIRO, ASIC and others put FOREX.com in the highest trust tier. US accounts are subject to strict capital requirements, and client funds are held in segregated accounts.
Tier-1 regulators are shown in bold. Always confirm the licence on the regulator’s own register.
FOREX.com spreads and fees
The Standard account is spread-only with EUR/USD averaging around 1.2 to 1.4 pips. The RAW Pricing account offers spreads from 0.0 pips with a commission per $100k traded, which suits high-volume traders. Active traders can earn cash rebates, while a monthly inactivity fee applies after 12 months without trading.
| Account | EUR/USD spread | Commission (round turn) | Cost per lot |
|---|---|---|---|
| Standard | 1.4 pips | $0 | $14.0 |
| Raw / ECN | 0.0 pips | $7 | $7.0 |
Trading platforms
Few US brokers match FOREX.com’s platform line-up: its own web and mobile platforms, MT4, MT5, TradingView and NinjaTrader for futures-style traders. Its research team publishes daily analysis, and the platform includes Performance Analytics to review your trading habits.
How FOREX.com scores
- Trust & regulation 30%
- 4.8
- Fees & spreads 25%
- 4.0
- Platforms & tools 15%
- 4.8
- Markets & range 10%
- 4.0
- Ease of use 10%
- 4.4
- Research & education 10%
- 4.6
Verdict
FOREX.com is one of the safest and most complete choices for US forex traders, especially if you want MetaTrader 5 or TradingView. Pick the RAW account if you trade frequently.
Open an account with FOREX.comYou will be taken to forex.com.
FOREX.com FAQ
Is FOREX.com legit?
Yes. FOREX.com is owned by StoneX Group (NASDAQ: SNEX) and regulated by the CFTC and NFA in the US plus the FCA, CIRO and ASIC elsewhere.
What is the FOREX.com minimum deposit?
The recommended minimum deposit is $100.
Does FOREX.com offer MT5 in the US?
Yes. US clients can trade on MetaTrader 4 and MetaTrader 5 as well as TradingView.
Is FOREX.com good for beginners?
Yes. FOREX.com scores 4.4/5 for ease of use in our testing, with a $100 minimum deposit.