Leading forex broker offering trading in over 80 currency pairs with competitive pricing and advanced platforms.
If you are reading this considering Forex.com - run. I wish I had read more negative reviews from a blog post comparing services. I thought the positive ones were real. Maybe some are. My experience over since mid-2025 has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Personal attention|Dedicated account manager|Responsive team
Cons: Slow to add new assets|Cannot customize dashboard fully
I wanted to transfer my portfolio from another broker to Forex.com. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Tax reports included|Easy withdrawals|Professional team
Cons: Currency conversion fee exists|Limited ETF selection
Forex.com has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Quick verification|Comprehensive tools
Cons: Withdrawal takes 1-2 business days|Some tools only available on higher tiers
The mobile app from Forex.com is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Intuitive for beginners|Excellent charting|Fast deposits|Responsive team
Cons: Limited cryptocurrency options|Account statements could be more detailed
Forex.com does the job for casual forex trading. Platform works, spreads are okay but not the best I've seen. Customer support is hit or miss - some agents are very helpful, others seem to read from a script. Deposits are instant but withdrawals take 3-5 business days.
Pros: Functional platform, instant deposits
Cons: Average spreads, inconsistent support, slow withdrawals
Forex.com locked my account without warning and demanded documents I had already submitted. for over three years later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Market news feed|Multiple order types|Regular platform improvements|Demo account available
Cons: Nothing significant|None so far
After using Forex.com for about ten months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Transparent fees|Good mobile app|Multi-currency support
Cons: Account statements could be more detailed|Mobile app could be improved
After for a few weeks now with Forex.com I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Transparent fees|Full transparency|Economic calendar|Smooth onboarding
Cons: Website design could be more modern|Desktop app not available on Linux
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Forex.com recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Instant funding|Tax reports included
Cons: Onboarding videos are outdated|No phone support on weekends
I joined Forex.com when my bank disappointed me and I searched for alternatives and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Educational resources|Good analytical tools|Real-time alerts|Dividend tracking
Cons: Help articles are sometimes vague|Limited social trading features