Forex.com is a division of Gain Capital Group, LLC, one of the most respected online forex brokerage companies based in the United States. The parent company Gain Capital is widely used by institutional investors and professional money managers alike.
Forex.com is a registered Futures Commission Merchant (NFA ID # 0339826) and a member of the National Futures Association. Since it is an FCM, it is regulated by the Commodity Futures Trading Commission.
The Company’s trading platform along with its powerful real-time forex charts, professional forex market research and suite of advanced forex trading tools offers the traders the best possibility of achieving success in forex trading.
Demo accounts are available for practice. In opening a real account there are two possibilities. One is the Standard account with a leverage of 100:1 or 1% and this is suitable for active forex traders. Then there is the Mini account where the leverage is up to 200:1
The demo forex trader can be test driven for 30 days
Forex.com has a feature for providing a guided tour of the trading platform, and that is a good feature.
Forex trading can be started by opening an account with as little as $250
Forex.com provides a facility of dealing in 37 currency pairs with 1% margin for mini deposit of US $250 and 5% for deposit of US $2500.
The spreads are tight with 1-2 pips per trade and apart from that there is no commission leviable. This is for the most widely traded currency pairs.
With Forex com fractional pips, there is an extra digit of precision as you could take advantage of smaller price movements.
There is also an option for traders who prefer to trade in a fixed spread environment.
Forex.com’s trading platform is known as the Forex trader
The platform provides a fully automated click and deal trading facility.
In order to afford the customer a good choice in terms of maximum flexibility, convenience, and speed, forex.com offers clients four different trading platforms to choose from. All the platforms provide the full suite of professional charting and order management tools on a single screen. As a customer you also have the option of using the same User ID and Password to switch between platforms at will.
The 4 different platforms are
forex trade java ~ Real time web based platform that runs on both PCs and Mac as well as on various web browsers.
Forex trader ~ Windows based platform with enhanced charting functionality.
Forex trader web~ Even if you are away from your computer you can use this platform to function in a highly secure environment.
Forex trader wireless~ you can use this platform to trade via internet enabled cell phone, PDA or Blackberry.
Interactive customer support is available 24 hours a day.
Contact numbers and addresses of offices are readily available at the website.
International toll free numbers for 13 different countries is also available.
Overall Forex.com offers great trading support
Overall this is a highly focused website enabling clients to access information and provides every tool to manage their investment accounts. Forex.com is indeed a very informative site.
—Multilingual support 24 hours a day.
—Contact details are readily available at the site.
It takes some time to learn to navigate through this site. However, once you have gone through the options it becomes easier to use.