Rating: |
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Broker score level - HIGH |
Business experience: | +5 points | since 1999 |
Regulation: | +5 points | NFA in US, FSA in UK |
Segregation of funds: | +1 point | Yes |
Liquidity: | +5 points | 20+ liquidity providers |
Withdrawals: | -3 points | A few reports found* |
Void profit reports: | -0 points | No reports found |
Popularity among traders: | +5 points | Alexa rank: inside 100,000 |
*Found reports >>
Report dated 2010-08-23 at: http://www.forexpeacearmy.com/public/review/www.forex.com
Report dated January16, 2011 at: http://www.100forexbrokers.com/reviews-ratings/forexcom
Report dated April 11, 2011 at: http://www.100forexbrokers.com/reviews-ratings/forexcom
Please send links to other reports!
Disclaimer: All reports belong to 3rd party websites. We don't share opinions published in the reports.
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Popular broker with the popular problems, some people is f**ked up fast, some people make money. Decide by yourself trying, for me everything is ok, but the fees are incredibly high.
Listed in NASDAQ...checked. With regulations...checked. Good platform and service...checked. Make you nervous because you don't see your money back after 3 week of the requested...checked. I'm praying everything goes well, after some bad reviews I have seen.
Great service always, they even tell you that you are being robbed in a good manner.
I hate their stop margin, their hidden fees and everything. First I opened a demo with them, OMG I was performing like a veteran, with their 50K USD demo I duplicated the money in 2 weeks, then I made another 320K USD. I was decided to open a mini account, my first week was nice, I increased my fund till 800 something USD, I was making 80 pips in 2-3 hours, I was doing great, I decided immediately to open an account with other broker, and my gains were good but not that good even taking the same damn positions in the same damn price.
After 6 or 7 seven days, I keep gaining small profits with the other broker and my loses became bigger with forex.com, thanks to their margin that "keeps safe" my account; at the end of the third week, I dumbly made another deposit with the profits of the other broker, my forex.com account ate my money fast, an invented peak in AUD/USD that only Gaincapital registered made me lost everything in my account (well I kept 50 USD), I tried to withdraw my money, they never refused but adding all the commissions, I just had 1.50 USD deposited in my bank account.
Judge by yourself.
Wide list of options to trade just means they are a big broker. I have one of the best customer services ever with gaincapital. I love their platform and execution is fair.
I don't like some of their hidden fees, first time I withdrawed it was a small ammount (100 USD) and it was reduced to 75 because of their fees, minus bank fee, it was reduced to 50 USD.
They deserved 3 stars.