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I use Forex.com for one of my brokerage accounts. I am still trailing stops behind my last USD/CAD position which shows gains in excess of +500 Pips. The position I held on my Forex.com account was automatically closed out this morning without having touched my Trail Stops. What I found out was that Forex.com will close your position once it shows gains that are too big, especially after +500 Pips. Beware Forex.com is in the Thievery Business!!!
Company Name: FOREX.com
Website Address: www.forex.com
Headquarters: Bedminster One, 135 US Highway 202/206, Suite 11, Bedminster, NJ 07921.
Country: United States
Regulated by: NFA (US), CFTC (US), FSA (UK), FSA (Japan), Australian Securities and Investments commission, ASIC (AU)
Phone: +1 908-731-0750
Fax: +1-908-731-0701
E-mail: info@forex.com
Free Phone: Toll Free: 877-367-3946 (US & Canada)
Year of company's foundation: 1999
Year of company's forex division foundation: 1999
Client base: Individuals (IBs, Money Managers, White Label partners, please visit www.gaincapital.com).
Services: Forex and Metals (UK and AU only). Trading 24 hours a day from Sunday 5pm ET – Friday 5:00pm ET. Commission Free trading (bid/ask spreads apply). Web-based trading platform requires no download or installation. No debit balance guarantee. Free access to charting, news and research. 24 hour customer support via phone, email and chat during trading hours. Mobile trading available. 24 Hour trading.
Languages: English, Chinese simplified and traditional, Arabic, Russian, Japanese
2.7
4.3
Standart Account:
minimum deposit: $2,500
minimum lot size: 100k
max leverage: 50:1 Majors, 20:1 Minors US; Up to 200:1 UK and AU only
Mini Account:
minimum deposit: $250 ($500 in US)
minimum lot size: 10k
max leverage: 50:1 Majors, 20:1 Minors US; Up to 200:1 UK and AU only
Spread:
Variable, as low as 1.1 pips on ForexTrader Pro
Commissions:
No. FOREX.com is compensated for its services through the bid/ask spread.
Dealing:
Deposit/Withdraw
Bank Wire, Credit card, Check
USD, EUR, CAD, YEN, CHF, AUD, NZD and GBP deposits are accepted.
Trading Platform:
FOREXTrader PRO and Metatrader 4 platforms
FOREXTrader platforms combine ease of use, flexibility and a full suite of professional charting and order management tools, all on a single screen. Best of all, you can use the same User ID and Password to switch between ForexTrader platforms at will, putting you in total control of your trading experience.
Extra software and websites
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Advanz strategy diversification tool
API trading
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