We’re sorry to hear you are disappointed with our trading platform. As we are always looking for new ways in which we can improve, would you be able to provide more information on the platform features https://www.mamma.com/us/dotbig-com which would improve your trading experience with us? Functional demo accounts are provided for free, giving potential clients time to assess the pricing structure before committing real capital.
The next set of questions Forex.com is about your financial status and trading experience. Forex.com offers different amounts of leverage to different account holders, depending on the location and entity holding the account. Spreads vary based on market https://finviz.com/forex.ashx conditions like volatility and liquidity, alongside others. Contracts for Difference are derivative securities that allow customers to gain exposure to the price of financial instruments without actually holding the instruments in their accounts.
If, for some reason, Forex.com is not the broker you are looking for, check this detailed comparison with other brokers that have a similar profile. We also put together a detailed guide on the various educational tools available at Forex.com.. Check out this step-by-step guide on how to deposit money at Forex.com..
- Fees, minimum deposit requirements, withdrawal, account opening, research tools and more.
- Compare Forex Brokers has a neat tool that shows the spread for each currency pair, and while the competitors may not be part of the review, their spreads are also given.
- FOREX.com’s app also allows you to customize exchange rate level, movement and order trigger alerts.
- It also breaks down the mechanics of how the markets work.
- When you close out a position, FOREX.com will show you a small summary of your trade and your overall net loss or gain.
You may be saving some one hundreds of thousands of dollars – this is good karma. Unfortunately, Forex.com does not list a phone number and e-mail address on the Contact Us page. Forex.com explains its products and services well and strives for operational excellence. It eliminates the need for customer support and reduces it to emergencies only. MT4/MT5 offer flexible deposits, and traders should select an amount similar to what they plan to deposit in a live trading account.
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Forex.com is a great choice for FX traders as the broker charges low FX fees and provides great research tools. We are sorry to learn that your experience with our support team was substandard.
However, you must initially fund your account with a deposit of at least $100 or currency equivalent. They also have transactional fees dotbig.com on a currency conversion, rollovers, borrowing costs for shorting CFDs, inactivity for 12 months, and some same-day withdrawal types.