The credibility of the company Forex.com
Forex. com pledged to gain your confidence and loyalty by providing a superior trading experience with low consistent costs and great execution. Company Forex.com collaborated with an investor, indicating that the organization is serious about their client agreements. FOREX.com is a publicly listed subsidiary of StoneX Group Inc. (NASDAQ: SNEX) and adheres to the highest standards of corporate governance, financial reporting, and disclosure. StoneX has a track record of financial strength and stability, as well as the financial resources to keep innovating and leading the industry ahead.
Forex.com is offering the following conditions
- deposit and withdraw at any time;
- reimbursement on bank fees for wire transfers;
- opportunity for price improvement on limit orders;
- FX trade signals and trade on Forex, Indices, Stocks, Commodities, Gold, and Metals, also with cryptocurrencies.
How to start trade with Forex.com
- “Standart Account”: Clear, transparent pricing and superior transaction executions, as well as the possibility to save up to 15% with cash rebates and sophisticated, cutting-edge trading platforms. Available with Meta Trader 5; $5 commission per 100,000 traded; high-quality trade executions
- assistance from experts and analysts.
Our Final Opinion regarding Forex.com
The broker continues to push itself to give traders with the tools they require to thrive. We believe that a candid assessment and comments will assist us in reaching the best decision possible.
I have traded in many brokers throughout my life. And I can say about this firm that it’s pretty awful and impossible to trade here. The conditions are very different from what they say before you open a deposit here. In Eur/usd they promised me a 1 pip spread but in fact it was 3 pips or more. I am telling nothing about the exotics and cross pairs. If the spreads of major currencies were 3 to 5 pips, then for these types of currencies it was 10 or even 15 pips. The exotics is out of the atmosphere. Metatrader is lagging here, I do not know why. I don’t know why. When I was trading MT before, there was no problem with lagging on that platform. This problem appeared here. It’s better to shut up about the output speed too. I was waiting for about a month for my money, but alright, at least I got it out. All the same, I am grateful to them. And neither excuse me, nor excuse me. As if it was supposed to be like this, a person had to wait a whole month for money. As if a courier on a bicycle from Australia went to Smolensk for such a long time.
I do not understand how people can get involved in such adventures as forex.com. There are so many normal and trusted intermediaries in the market that it is not enough fingers to count. What did people see that people go to trade with an outright swindler? The company is definitely operating in Russia, but without a license, so this is a typical illegal immigrant. And they do not have any other licenses, although they should be. I didn’t find any pluses in the company.
I want to warn many people who think that they can easily trade through forex.com and withdraw their profit, if there is any. No, friends, you are mistaken, firstly, you can not withdraw anything from here, and secondly, normally and calmly trade you also can not. This is a fake broker. Do not even look at the name, because the scammers have chosen the abbreviation ECN to trick people. Everyone knows that the ECN is cool, it is a real market, but there is no real market, only three letters from it. Scammers play on it on purpose. In addition to the name, there are a million signs of potential scam and fraud. I want to write about them in the «cons» section. About the pros there is nothing to say, they are not here and will not be. How can be positive sides of the company that steals money from its customers?
I don’t see the common sense to trade through Forex.com . The conditions on this broker’s platform are several times worse than most popular and well-known brokerage firms. I would name their names, but I won’t. But for example, the minimum deposit of $150 is very high, as you can find a bunch of brokers where there is no deposit at all, or there are cent types of accounts. There is no Islamic account here, although there is one everywhere. The same can be said about demo account. Besides, I don’t understand why I can trade only currencies and crypto at minimum rate? And why other asset classes I can’t? They are available only on next rates. Also a serious difference, as negative as possible.