FOREX com Reviews Read Customer Service Reviews of www forex.com

He is an East-West Graduate Degree Fellow and has an MBA from the UCLA Anderson School of Management. I recovered 80% of my lost funds thanks to scamrecoup, c om. Stay vigilant and don’t just trust any broker with doing Forex your research. FOREX.com’s native news tool makes it easy to filter your news by currency. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

We’re sorry for any inconvenience this may have caused you. We do have procedures in place to resolve any issues with the platform as soon as possible. Please reach out to our support team with any questions or concerns. You can reach out to our support team by phone , live chat, or email FOREX.com does not offer “negative DotBig balance protection” for U.S. clients. This means that U.S. traders with negative account balances are on the hook for more money than they initially deposited into their accounts. Clients “negative balance protection,” as mandated by ESMA, and guaranteed stop loss orders , which protects against market gap risk.

Wide array of offerings and incentives target high-volume traders

The spreads are variable, and as low as 1.0 pip for the EUR/USD. Traders can use the FOREX.com and MetaTrader https://www.tdameritrade.com/investment-products/forex-trading.html trading platforms with the standard account. This type of account is best for beginner FX traders.

Learn why many traders prefer FOREX.com over other brokers in this in-depth FOREX.com review. FOREX.com offers negative balance protection, which is mandated under ESMA rules that went into effect in 2018, and Forex news guaranteed stop losses at an additional cost for its U.K./E.U. Client funds are kept segregated from the funds of FOREX.com, which helps safeguard clients’ money in the event the company has financial issues.

FOREX.com User Benefits

The charting feature is one of the drawbacks of the mobile app. There are a limited number of common indicators available, such as RSI, MACD, and moving averages, but drawing functions and more advanced technical tools are missing. Full order functionality is available, including conditional orders and the ability to easily place stop losses https://www.quora.com/Any-reviews-about-the-DotBig-Forex-broker and profit targets at the time of a trade. The mobile app is functional, providing traders with access to all their account information. Traders can add or withdraw funds, view trade history, create watchlists, access news, and view charts from the mobile app. The spreads vary depending on the type of account the client chooses.

• I email compliance I email support I email to everyone and no one has an answer they just keep on saying the same thing it is a business decision.
• There are a limited number of common indicators available, such as RSI, MACD, and moving averages, but drawing functions and more advanced technical tools are missing.
• I tried the website and it was also down and I couldn’t access the chat on the app or website.
• U.S. clients are not as fortunate, as no additional insurance is provided by the company in terms of safeguarding their funds.
• FOREX.com is one of the top platforms for foreign currency trading.
• While we strive to make our withdrawal process as seamless as possible, we must balance this with our duty as a regulated firm to verify details under the guidelines set by our regulator.

Client accounts can go negative, as negative balance protection is not offered to them. In plain English, U.S. traders with negative account balances are on the hook for more money than they initially deposited into their accounts. Also, U.S. clients are not offered guaranteed stop loss orders. The broker’s website lists multiple ways that clients can contact FOREX.com, including online chat and live phone support, from 10 a.m. FAQs and DotBig company website client support were satisfactory, but repeated attempts to contact via “live chat” proved to be unsuccessful. Social media support is not available, although they do have social media accounts where they post market analysis and company information. There are a sufficient amount of indicators and drawing tools to satisfy the avid technical analyst, and the platforms are functional enough to make rapid-fire trades, if needed.