BrokAIr Reviews

Forex.com Review

"Forex.com is one of the most successful online brokerages, but is its success really deserved? Is Forex.com really the best choice for traders?"

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Forex.com – An Overview

Founded in 2001, Forex.com is a global online broker that offers a wide range of trading instruments, including foreign exchange (forex), commodities, CFDs, and stock indices. It is one of the oldest and most trusted names in the online brokerage industry, with a reputation for providing reliable customer service and high-quality trading platforms.

Pros

Cons

Founders

Forex.com was founded by Andrew Blumer and Richard W. Thompson in 2001. Blumer is currently the CEO, while Thompson is the Chairman of the Board.

Public Opinion

Forex.com has generally received positive reviews from customers, with most praising its competitive pricing, reliable customer service, and secure trading platform. Critics have noted that the company’s educational resources are a bit limited compared to other brokers, and that its international trading options are not available in some countries.

News

In 2018, Forex.com announced a partnership with TradeStation, a leading provider of online trading platforms and services. The partnership allowed Forex.com customers to access TradeStation’s advanced trading tools and features. In 2020, Forex.com was acquired by GAIN Capital Holdings Inc., a global provider of online trading services.

In 2021, Forex.com became a regulated broker in the United States after being approved by the Commodity Futures Trading Commission (CFTC) as a retail foreign exchange dealer.

In January 2021, Forex.com announced it had partnered with Nasdaq , giving customers access to Nasdaq's market data products and analytics tools.