FOREX.com Review Is Gain Capital UK A Legit Broker

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

FOREX.com Review Visit site

About FOREX.com

FOREX.com are forex brokers. FOREX.com offers the MetaTrader4 and GTX-Forex ECN top forex trading platforms. FOREX.com offers over 40 currency pairs, gold, and silver for your personal investment and trading options.

  • Information
  • Live Discussion
  • Video
  • 13 Widgets
  • More .

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 200:1
Minimum to Open Live: $100
Established: 2001
Address: Bedminster One 135 US Highway 202/206 Suite 11 Bedminster, NJ 07921, United States
Contact: [email protected], 1.877.367.3946
Regional offices:
Regulators: CIPF #, CIMA #25033, FFAJ #1539, FCA #113942, NFA #0339826
Prohibited countries:

Yes

Yes

Trading platforms: MT4, MT5, WebTrader
Web Trading:
Mobile Trading:
Currencies: (80+)
Cryptocurrencies: (5+) Litecoin, Ethereum
CFD: (25+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Bonds, Oil, Other Commodities

Yes

Scalping:
Deposit Methods: VISA, MasterCard, Local Bank Transfers, Maestro
Withdrawal Methods: VISA, MasterCard, Local Bank Transfers, Maestro

Live discussion

Join live discussion of FOREX.com on our forum

Video

Your company video here? Contact ad sales

Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Service use: Live

Length of use: 6-12 Months

Service use: Live

Length of use: over 1 Year

Service use: Live

Length of use: 0-3 Months

Service use: Live

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Length of use: 6-12 Months

Service use: Live

Length of use: over 1 Year

Service use: Live

Length of use: 6-12 Months

Service use: Live

Length of use: 6-12 Months

Service use: Live

Length of use: over 1 Year

Service use: Live

Length of use: 3-6 Months

Service use: Live

Length of use: 6-12 Months

Frequently Asked Questions

How do I trade on forex.com?

To make a trade on Forex.com, the following steps explain the main procedure.

  • Select a currency pair
  • Analyze the market
  • Read the quote
  • Pick your position
  • Entering a buy position
  • Entering a sell position

Is forex.com a good broker?

Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Forex.com is a good broker. https://www.forexpeacearmy.com/forex-reviews/66/FOREX.com-fx-broker-reviews

Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

FOREX.com Review 2020

Regulated By: CFTC, NFA

Foundation Year : 1999

Headquarters : 135 US Highway 202/206 Bedminster, New Jersey, 07921

Min Deposit : $50

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk

Latest Tweets by @forexcom

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Capital at risk

FOREX.com Review: Is Gain Capital UK A Legit Broker?

FOREX.com Review: this is the name of a Forex brokerage that is located in the United Kingdom. Is Gain Capital UK Ltd a scam Forex broker? Read this revealing review to find out important details about this Forex trading company.

The most vital part of our reviews is the uncovering of if a company or Forex broker is properly licensed or not. To do this, we first establish the location or region where it claims to be based. Then we check with the commission or authority regulating trade there whether it is listed among regulated companies or not.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

FOREX.com mentions that it is a brand name of Gain Capital UK Ltd, a company in the United Kingdom. Forex trading in this region is under the regulation of the Financial Conduct Authority (FCA). When we checked the online register, we found that Gain Capital UK Ltd is truly licensed by it and the broker is listed as one of its arms.

This is a major advantage for the brokerage because trading with a Forex broker that is licensed reduces many dangers to traders’ funds. Misappropriated funds can be recoverable by the government as well. Licensed brokerages are under many rules of trade and this gives traders a level of assurance.

Advantages of FOREX.com

The broker calls itself “the Global Forex Trading Specialist” giving tight spreads on many trading assets. It also uses the lowest trading costs for those engaged in the crypto markets. They are global market leaders, giving professional accounts and technologically advanced trading platforms. It is of use to both experienced and inexperienced traders.

It is common for Forex brokers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit brokers at the bottom of this article.

Guides on specific profit-making strategies are also available for use by clients of the company.

FOREX.com Trading Platform

FOREX.com gives traders access to the MT4, MT5, and WebTrader trading platforms. We advise readers and traders to always look out for the MT4 or MT5 platforms. The MetaTrader platforms are commonly used because they allow the use of trading robots.

Legit brokers are known to offer at least the popular MetaTrader 4 or 5 trading platform.

These platforms are very good signs as they have become some of the most widely used by experienced traders. They are found to be compatible with various devices’ operating systems. All can be used on desktops, Linus, Windows, iOS, and Android.

Tools that come with these trading platforms are also found to be useful for traders. It has proven to be user-friendly as well and helps traders in analyzing the market easily.

Trading instruments offered to traders are 90+ currency pairs, 5+ cryptocurrencies, and CFDs on about 25+ commodities, stocks, and indexes. We know that legit brokers offer currency pairs, indices, CFDs on many commodities and cryptocurrencies. It is important to let traders know the options open to them.

The maximum leverage offered to clients is 1:400 and while this may seem generous, it is not advisable. High leverages can lead to a huge loss of funds as well. Spreads are said to be tight but not specified.

Spreads of 1.5 pips or below are what is obtainable in the forex industry and traders are asked to look out for this. Leverages of between 1:30, 1:50 and 1:25 are also common among regulated brokers.

Deposit and Withdrawal methods on FOREX.com

The means of making deposits and withdrawals with this broker are VISA, MasterCard, Local Bank Transfers, and Maestro. Finding that e-wallets are not mentioned is not encouraging because standard and legit brokers make deposits and withdrawals available via Visa, MasterCard, and Wire Transfer. Many offer e-wallets like Skrill, Neteller, UnionPay, FasaPay, and so on.

The minimum deposit that forex.com requires is $50 which is within the obtainable average of $100 to $250 usually required by many other brokers. Withdrawal fees are not mentioned and this may be because they do not apply. However, we will appreciate it if this is stated.

This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money.

Negative Reviews

On the Forex Peace Army website, we found that there are lots of recent negative reviews. Many customers have made complaints about FOREX.com and it is not good for their image. Also, the fact that the broker has no representative replying to these accusations is also damning.

Is FOREX.com Licensed?

Yes. FOREX.com is a properly licensed and registered Forex brokerage. It is authorized to trade by the Financial Conduct Authority (FCA) under the company name, Gain Capital UK Ltd.

Regulated Forex brokers in Europe, America, Africa, Australia, and Asia are under many strict rules. The regulatory bodies like the FCA, FSCA, CySEC, AISC, NFA and many others have regulations protecting Forex traders from unfair brokers. This is why they come top as recommended Forex brokers.

Support

To get more information from the customer care service, dial 1.877.367.3946 or email at [email protected]

Conclusion

FOREX.com gets high ratings because it holds a legit license and also offers tempting trading conditions in terms of leverage. Its transaction methods are not inclusive of the many e-wallets which are not encouraging. We also found many negative reviews tainting the broker’s image on Forex Peace Army. If you have anything to say about this broker, do so in the comment section.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices, and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK well as ASIC in Australia which makes client funds safe. They accept traders worldwide.. visit their official website

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Binary Options Broker!
    Perfect Choice For Beginners and Middle-Level Traders!
    Free Demo Account! Free Education!

  • Binomo
    Binomo

    Honest broker!

Like this post? Please share to your friends:
Binary Options Trading Step By Step
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: