Forex.com provides regulated brokerage service in the forex market. It offers over forty currency pairs and trading in precious metals for trading and personal investment options.
What are the benefits offered by Forex.com?
When traders associate with Forex.com, they can expect hosting by Expert Advisors (EAs), education without any charge, free market research and tight spreads. Forex.com also offers round the clock customer service on five days a week.
The pricing offered by Forex.com is competitive and clear. Traders can expect efficient trade executions and market analysis in real time. They can be a little ahead of the price action because they have access to market insights with trade signals in real time.
Trading Platforms offered by Forex.com
Traders can have maximum control on the advanced trading platforms offered by Forex.com. These platforms have been optimized for traders in currency pairs.
- Forex Trader Pro – It offers integrated analysis and research and professional charting tools to drive the forex strategy of traders. It is a trading platform that is web-based. It is customizable for automated trading.
- MetaTrader 4 – This platform will give access to traders for more than thirty kinds of Contracts for Differences and forty five forex markets.
- GTX ECN – This is particularly suited to professional traders of high net worth and several institutional clients. With the help of GTX Direct, traders can have the advantage of tight spreads, deep liquidity and transparent pricing.
Account types offered by Forex.com
Traders can opt between standard trading accounts and premium accounts. The minimum deposit for a standard account is $500. Traders are, however, recommended to deposit $3,000 to gain access to the vast range of Tradable instruments. The premium accounts need a deposit of above $25,000.
Commissions and Spreads
There is no commission charged for its services, like the other online forex brokers. Earnings are through addition of spreads above the prices traders get from markets.
Traders can get in touch with Forex.com through live chat, email and telephone.