BrokerHiveX

Forex.com in-depth review report (official website: https://www.forex.com)

1 month before

Summary:Reviewer: Mark Thompson With the strong background of StoneX Group, multiple front-line supervision, low-latency matching engine and multi-platform technical support, Forex.com has created a safe, stable and efficient foreign exchange and CFD trading environment for institutions and mid-to-high-end retail investors.


1. Company Overview

Forex.com is a subsidiary of StoneX Group. It was founded in the United States in 2001 and is headquartered in New York. It also has branches in the United Kingdom, Toronto, Tokyo and Sydney. As a veteran broker in the global foreign exchange and CFD industry, it serves more than 350,000 active traders and has an annual trading volume of more than US$8 trillion.

2. Equity governance and financial transparency

  • Parent company : StoneX Group (Nasdaq code SNEX), total assets of US$11 billion in 2024

  • Audit and disclosure : Annual reports publicly disclose revenue, risk management and compliance performance, and no major regulatory penalties have been imposed in the past five years


3. Spread level and pricing model

  • EUR/USD : 1.0 pips on average for Standard Accounts; up to 0.2 pips for Active Trader Accounts

  • GBP/USD : 1.3 pips on average for Standard Accounts; 0.4 pips on Active Trader Accounts

  • USD/JPY : 0.8 pips on average

  • XAU/USD (Gold) : Average USD 2.0

  • Pricing model : STP+ECN hybrid routing, binding multiple Tier-1 bank liquidity pools


4. Fees and funding costs

  • Standard account : no commission, the cost is hidden in the spread

  • Active Trader : $5/lot commission for round trip, with ultra-low spreads

  • Swap : Based on Tom-Next benchmark, real-time and transparent

  • Deposit and withdrawal : bank wire transfer, credit card, and e-wallet are all free; support multi-currency settlement


5. Trade Execution and Performance

  • Matching delay : average 12–25ms in the world's three largest data centers

  • Slippage statistics : During the period of major economic data, the average slippage of EUR/USD was 0.9 points, and the rejection rate was <0.02%

  • Order types : support market price, limit price, stop loss, take profit, trailing stop loss, OCO, iceberg order and more than 10 types

  • Mobile terminal process : account opening - deposit - order placement can be completed within 180 seconds; mobile terminal NPS +42


6. Trading platform and technology ecosystem

  • FOREX.com platform : self-developed desktop and web version, integrated with deep charts and market news

  • MetaTrader 4 & 5 : Support for self-written EA, indicators and strategy testing

  • TradingView access : You can place orders directly on the TradingView interface

  • API interface : REST API, Stream API, to meet institutional and quantitative needs

  • Advanced tools : Smart Stop, Market Analyzer, Economic Calendar and Real-time Sentiment Indicators


7. Security architecture and compliance governance

  • Active-active deployment : AWS and local data centers provide dual redundancy and high availability

  • Certification standards : ISO 27001 and SOC 2 Type II; monthly penetration testing

  • Privacy protection : Compliant with GDPR and CCPA; customer data AES-256 encryption

  • Risk monitoring : real-time risk control dashboard, automatic warning and multi-level liquidation strategy


8. Regulation and Compliance

  • United States : CFTC registered & NFA member (ID 0339826)

  • UK : FCA Authorization No. 542008

  • Canada : IIROC & CIPF member

  • Japan : FSA license

  • Australia : ASIC AFSL 240813

  • Europe : CySEC license, negative balance protection and client funds segregation


9. Customer Support and Education Ecosystem

  • 24/5 multilingual customer service : English, Chinese, Japanese, Spanish, etc., with an average response time of 15 seconds

  • School resources : 300+ in-depth articles, 200+ video tutorials, 3 live classes per week

  • Certification courses : FOREX.com Academy certification, covering entry, advanced and strategy analysis

  • Community activities : Online forums are highly active, and regular offline seminars are held in London, New York, and Sydney


10. User word of mouth and media certification

Trustpilot

https://www.trustpilot.com/review/forex.com
Rating: 4.3/5 (1,200+ reviews)

Forex Peace Army

https://www.forexpeacearmy.com/forex-reviews/33/forex-com-forex-broker
Rating: 4.1/5 (1,000+ reviews)

Investing.com

https://www.investing.com/brokers/forex.com
Selected as "Top Forex Brokers"

DailyForex

https://www.dailyforex.com/forex-brokers/forex-com-review
Rated as "Best Online Trading Platform"

Global Forex Awards

https://globalforexawards.com/nominees/best-forex-trading-platform-2024
Award-winning "Best Forex Trading Platform"

UK Forex Awards

https://ukforexawards.com/awards/best-forex-broker-2023
Award-winning "Best Forex Broker" & "Best Customer Service"

ADVFN Awards

https://www.advfn.com/awards/forex-com-strategic-partnership-award-2022
Won the "Strategic Partnership Award"

Investopedia

https://www.investopedia.com/top-10-forex-brokers-2025-7193006
Selected as one of the “Top 10 Forex Brokers 2025”


11. Risk Management and Hedging Strategies

  • Real-time risk control : Process 80,000 risk rules per second and dynamically adjust margin limits

  • Hedging tools : support for OTC options, automated arbitrage strategies and CME/ICE market access

  • Slippage and leverage : Slippage can reach 1.2 pips during high volatility periods, leverage is up to 1:200/1:30, and it is recommended that novices ≤ 1:50


12. Social Responsibility and Sustainability

  • Financial education plan : Train 3,000 students in remote areas by 2024

  • Environmental initiatives : 70% of data centers use renewable energy

  • Public Welfare Cooperation : Launching micro-loan and women's financial empowerment projects with multiple NGOs


Comprehensive review

Forex.com is suitable for institutional quantitative and mid- to high-end retail investors with its publicly disclosed financial strength of its parent company, multiple regulatory qualifications, stable and low-latency matching engine and multi-platform support. Rich educational resources and professional customer service help novices get started quickly, and mature risk control and hedging systems ensure trading continuity under extreme market conditions. It is recommended to flexibly choose accounts and leverage according to your own risk preferences to balance returns and safety.

Recommendation index: ★★★★☆ (based on a comprehensive assessment of compliance, security, technology and user reputation)


9997.png


⚠️Risk Warning and Disclaimer

BrokerHivex is a financial media platform that displays information sourced from the public internet or uploaded by users. BrokerHivex does not endorse any trading platform or instrument. We are not responsible for any trading disputes or losses arising from the use of this information. Please note that the information displayed on the platform may be delayed, and users should independently verify its accuracy.

Evaluate