Forex.com
| Title | Title |
|---|---|
| Year founded | 1996 |
| Location | UK |
| Regulation | FCA (U.K.), ASIC (Australia), and FINMA (Switzerland) |
| US Available | Yes |
| Trading instruments | Currencies, Crypto, Stocks, and ETFs |
| Trading platforms | MetaTrader4®, MetaTrader5®, and WebTrader |
| Minimum deposit | $250 |
| Deposit methods | Wire Transfer, Credit Cards, PayPal, Skrill, and Bpay |
| Base currencies | 11 |
| Inactivity fee | Yes |
| Withdrawal fee amount | $0 |
| Max. Leverage | Up to 1:500 |
| Min. Spread | 0.1 pips |
| Currency pairs | 47 |
| Demo account | Yes |
| Social / Copy trading | Yes |
| Automated trading | Yes |
Forex.com is a famous broker that provides market feeds to popular charting sites such as Tradingview. Founded in 2001, the company offers access to many markets, top trading platforms, low costs, excellent education, and support. The National Futures Association (NFA), the Commodities Futures Trading Commission (CFTC) in the United States and the Financial Conduct Authority in the United Kingdom regulate the brokerage. Forex.com has both fixed and variable spreads. Keep in mind that there are commissions on accounts with a static difference between the bid and ask. You can start trading with a minimum deposit of $100, and there are no deposit fees. The broker rebates any costs on the incoming transactions.
The broker has web, desktop, and mobile platforms for trading. You can also use the industry-standard copytrade mt4® to trade over 4500 assets, including forex, indices, stocks, commodities, gold and metals, cryptocurrencies, and oil. The website features a lot of educational content with news coverage, pivot points, an economic calendar, risk management, and technical and fundamental analyses. Customer support is available from 10 am Sunday to 5 pm Friday via live chat, calls, and email.
Pros
- Tradingview features forex.com as the provider of its feed
- Regulated by top tier authorities
- Rebates available in the active trader program
- 4500+ markets
Cons
- Withdrawals require a minimum of $100
- Limited customer support
End of the Line
Forex Copier software can be used to diversify your brokers. The auto trade copier has two different versions to meet all your copy trading needs:
- Forex Copier 3 copies all your trades on the same PC/VPS
- Forex Copier Remote 2 that copies all your executions remote from one PC/VPS to another
A team of competent and experienced forex traders developed Forex Copier. They initially made the software for their own needs and, therefore, included everything that might help a trader gain an edge in mirror trading, including forex.com copytrading. The mirror trading software possesses an answer to all of your trade copying needs. Various benefits are at one’s disposal through the use of the trade copier, including:
- The ability to diversify your risks by spreading your equity to several accounts
- Automatic stop loss adjustments
- Price adjustments
- Lot/risk management
- Emergency stop
- Order filtering
Forex Copier is not affiliated with any brokerage yet provides support to copy positions from each. By installing Forex Copier on your PC/laptop, you can link two MetaTrader® platforms to copy trade mt4® and mt5® account positions.
