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Forex.com

78% of retail CFD accounts lose money.
Documentation

Our Ranking. #34

Our ranking is based on the total cost score, which reflects the Bid-Ask spreads. The lower the ranking, the cheaper the broker, meaning lower costs.
United States

Updated: August 2025

Regulated
Variable Spreads
Crypto Trading
Academy
Home-Grown Platform
TradingView Integration
1:30 Leverage

Ranking

Forex.com ranks number 34 on TraderGuide’s ranking list. The ranking list is based on the cost of trading with Forex.com, in the 16 most commonly traded instruments globally.

What you need to know about Forex.com

Forex.com is one of the most established names in retail trading, with a history stretching back over 20 years. It’s regulated in multiple jurisdictions, including the FCA (UK), ASIC (Australia), and CFTC/NFA (US), giving it one of the strongest regulatory footprints of any broker we’ve reviewed.

The broker offers access to a broad set of markets across its proprietary platform, MetaTrader 4, and TradingView integration, making it a versatile choice for traders at different levels. Account setup is straightforward, funding options are varied, and the client dashboard is clean enough for both new and experienced users to navigate without friction.

What do we like about Forex.com?

In our testing, Forex.com felt reliable and professional. Execution was consistent, and the platform range gave us flexibility—whether we wanted the simplicity of their web trader, the familiarity of MT4, or the added charting depth that comes with TradingView. The client portal and mobile app both stood out for being polished and easy to use, with smooth order handling and quick access to account management.

We also appreciated the broker’s strong focus on education and research. The learning centre goes beyond basic guides, offering detailed market insights, webinars, and strategy content that can genuinely help traders build skills. For beginners especially, Forex.com provides one of the more structured educational setups we’ve seen.

What concerns us about Forex.com?

Forex.com sits in the middle of our TraderGuide rankings, mainly because of its trading costs. While spreads aren’t excessively high, they’re not the most competitive either—making it harder to recommend for traders who are laser-focused on finding the lowest-cost execution. On top of that, gold pricing in particular came out expensive in our tests, which could be a drawback for those active in precious metals.

The platform itself is well-built, but traders looking for advanced tools, automation support, or custom integrations might find the experience a little limited compared to brokers investing heavily in analytics and third-party add-ons.

Should you trade with Forex.com?

Forex.com is a well-regulated, globally recognised broker that offers a safe and professional trading environment. If you value strong oversight, polished platforms, and access to good research and education, it’s a solid option.

That said, for traders whose strategies rely on squeezing every last pip of cost efficiency—or who focus heavily on gold—there are stronger choices on our leaderboard. Overall, Forex.com delivers a balanced experience and remains a trustworthy name in the industry, but it’s not the cheapest route to market.

Best 4 Brokers

Across United States

Indices
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Bid – Ask Spreads

Total Score = 39.10
The total cost score is calculated by adding the Bid-Ask spreads of these 16 instruments. A lower score means lower costs, representing a cheaper broker.
Indices

FTSE : 1.00

DAX : 1.20

CAC : 1.30

NASDAQ : 1.50

DOW JONES : 2.00

SP500 : 0.60

Total: 7.60
Forex

EUR/USD : 1.50

GBP/USD : 2.00

USD/JPY : 1.40

EUR/JPY : 2.50

USD/CHF : 2.00

AUD/USD : 1.10

USD/CAD : 2.30

Total: 12.80
Commods

US CRUDE : 3.50

GOLD : 10.50

SILVER : 4.70

Total: 18.70

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