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Forex.com Fees Review

(4 out of 5 stars from 652 Reviews)

$ 5.000,00

Tightly regulated
Relatively low spreads
73% of retail CFD accounts lose money
Deposit methodsCredit / Debit card, Bank transfer, Electronic wallets
Withdrawal methodsCredit/Debit card, Bank Transfer, Electronic wallets
Best featureAdvanced research and technical tools
Regulatory AuthorityFCM, RFED, CFTC, NFA

Overall Rating

96%

"Low broker fees!"

Withdrawal fees
100%
Free!
Deposit fees
100%
Free!
Account fees
100%
Free!
Data exchange fees
100%
Free!
Overnight fees
96%
Low!
Inactivity fees
80%
Applies after 1 year.

Forex.com Overview
Dave Jekic
Author:

Forex.com fees are ranked as low. It offers relatively low spreads. You can trust the broker because it is tightly regulated. FOREX.com offers an excellent forex and CFDs trading experience on over 200 markets for traders across the world.

Forex.com has low fees for stock index CFDs and forex trading. On the negative side, stock CFD fees are high. There is also a fee charged for inactivity. If you are from Canada, make sure to refer to the Forex com Canada review to see how Forex.com fees are that side.

Pros and Cons of Forex.com

Opening Forex.com Account

Forex.com platform
Account opening at Forex.com is free and seamless, with a low minimum deposit.On the negative side, account verification is slow because it takes takes ~2 business days.

Trading fees & Pricing

Forex.com has low pricing fees for stock index CFDs and forex trades. On the other hand, the fees for stock CFDs are high with the broker. Their trading costs are transparent on the website, giving you clear and flexible pricing solutions.

Account Type FX Spreads Commisions
Standard Variable spreads, EUR/USD as low as 1.0. None
Commission Raw spreads, EUR/USD as low as 0.2. Fixed $5 per 100K traded
STP Pro Variable spreads, major pairs as low as 0.1. Variable starting at $60 per million traded

Deposit Fees

An initial minimum deposit of $200 is required to fund a Forex.com account. This amount is considered low as compared to other forex brokers that require a minimum of $5,000 or more. Forex.com offers you option to choose from 7 base currencies: USD, AUD, EUR, GBP, CAD,JPY, CHF. This is great because you will not have to pay a conversion fee if you fund your account in the same currency as your bank account.

Deposit fee Deposit method Minimum deposit Maximum deposit Waiting Period
$0 Bank transfer $100 $10,000 Available immediately
$0 Credit/Debit card $100 $10,000 Available immediately
$0 Wire Transfer no minimum no maximum 1-2 business days
$0 Personal/ Business Check no minimum no maximum 5-10 business days

Withdrawal fees

Withdrawal fee Withdrawal method Minimum withdrawal Maximum withdrawal Waiting Period
$0 Credit/Debit card $100 $$50,000 3 – 8 business days
$0 Bank Transfer $100 $25,000 Up to 24 hours
$25 Wire transfer $100 $25,000 1 – 2 business days
$0 Electronic wallets $100 $25,000 3 – 5 business days

$ 5.000,00

Tightly regulated
Relatively low spreads
73% of retail CFD accounts lose money

$ 5.000,00

Tightly regulated
Relatively low spreads
73% of retail CFD accounts lose money