forex

Trading Conditions

Forex.com reviews its pricing as competitive and fully transparent. The live quoted spreads can be viewed on their official website.

The broker operates as market maker and claims to have 99.9% of the trades in less than 1 second with average execution speed of 60 milliseconds on all ForexTrader platforms.

There are overall 50 currency pairs, gold and silver available for trading. The minimum margin requirement is 2% (or 50:1) on the majors, 5% (or 20:1) for all minor currency pairs, and 100% (or 1:1) for spot gold and silver.

You can request the adjustment of the leverage to 50:1, 20:1 or 10:1.

Trading Platforms

FOREXTrader PRO

This powerful trading platform offers advanced charting and order management. Traders can optimize automated strategies and analysis. The platform is also available in mobile version for traders on the go, compatible with most mobile devices.

MetaTrader 4

MT4 is one of the most used and trusted platform among forex traders, offering powerful features and tools, advanced order management, wide range of expert advisors and steaming live news. MetaTrader 4 is also available in mobile version.

GTX - Forex ECN

GTX is an independent forex ECN for professional traders and institutions looking for high volume trading. Traders can enjoy institutional pricing, unique customer to customer trading with 1 click execution.

Below is the complete comparison table for all available trading platforms:

 

FOREXTrader

MetaTrader 4

GAIN GTX Direct

Markets

 50 currency pairs
 Gold and Silver

 49 currency pairs

 49 currency pairs
 Gold

Pricing

 Fractional pricing 
 Price improvement

 Fractional pricing 
 Price improvement

 Variable spreads 
 Two views of available liquidity: Full depth of market or automatic size-adjusted average price (VWAP) display 
 Price improvement

Trade execution

 Dealing desk 
 Instant or Market execution

 Dealing desk
 Market execution

 ECN - Prime brokerage with central clearing model

Minimum trade size

10,000 units (mini lot)

1,000 units (micro lot)

100,000 units (standard lot)

Commission

No

No

Yes

Platform features

 Fully customizable
 1-click trading
 Custom watchlists
 Advanced order types (OCO, If/Then OCO, Trailing Stops
 Strategy Center
 Trader Forum
 Price alerts
 Open API, Algo

 No 3rd party bridge
 Real-time updates, no auto sync 
 1-click trading
 Automated close rules functionality
 EA optimized

 Custom basket trading, with 1-click trade execution 
 Iceberg, peg, AON order types
 Full featured FIX or Java APIs for algo trading

Platform choices

 Desktop 
 Browser-based 
 Mobile trading
 iPhone, Android mobile apps
 iPad app

 Desktop
 iPhone, Android, Smartphone, PocketPC apps

 Web-based
 PC & Mac compatible

Leverage

 Up to 50:1 FX for majors
 Up to 20:1 for minors
 1:1 for metals

 Up to 50:1 FX for majors
 Up to 20:1 for minors

 25:1 FX
 10:1 for metals

Min Deposit

$500

$500

$100,000

       

Demo Practice Account

Practice account comes with virtual $50,000 and offers full access to all platforms tools and features for a limited time of 30 days. It is possible to renew your practice account by calling the broker or getting in touch with live support via online chat.

Payment Methods

Minimum deposit requirement is $500. The broker mentions that in order to experience full range of products offers, the recommended starting balance is $2,500.

Forex.com does not offer flexible online payment alternatives and only processes payments via Credit/Debit card, eCheck (US bank accounts only), Wire Transfer and Personal/Business checks. Your funds will be available for trading within 1-5 business days, depending on the payment method you choose.

Regulation

Gain Capital Group, LLC is regulated by CFTC and NFA, along with other regulatory authorities in UK, Japan, Hong Kong, Australia and Canada.

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