FOREX.com is a trading forex currency name of GAIN Global Markets Inc.

Flexible account types give you the option of choosing a pricing model that best suits your trading style. Take our personality quiz to find out what type of trader you are and about your strengths. FOREX.com may, from time to time, offer payment processing services with respect to card deposits through StoneX Financial Ltd, Moor House First Floor, 120 London Wall, London, EC2Y 5ET. FOREX.com is a trading forex currency name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands with License number 25033. There are also hybrid-desks, which may operate as a dealing-desk and agency. Lastly, matched-principals are dealers who immediately hedge their trades to remove any potential conflict of interest.

You can find out the specific margin of each instrument in its Market Information Sheet…read more. On Standard Accounts, FOREX.com is compensated via spreads, which are the difference between the bid and ask prices. I understand that residents of the US are not be eligible to apply for an account https://en.wikipedia.org/wiki/Foreign_exchange_market with this FOREX.com offering, but I would like to continue. Alongside primary categories, ForexBrokers.com ranks brokers by the most popular investor categories. Finally, each year ForexBrokers.com honors the brokerages who go above and beyond in the areas that matter most to investors.

How Do I Know If My Forex Broker Is Regulated?

Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Next, compare the account offerings, trading platforms, tools, and investment research provided by each broker.

• As part of our annual review process, all brokers had the opportunity to provide updates and key milestones and complete an in-depth data profile, which we hand-checked for accuracy.
• It’s important to only use brokers that are properly regulated to reduce your risk of being scammed.
• If you’re a particular fan of mobile platforms, see our picks for best forex trading apps here.
• Yes, to trade forex you’ll need to use a forex broker.
• Price Action Support and Resistance While price action presents a somewhat objective framework for traders to work with, identifying workable zones of support and resistance requires a bit of subjectivity.
• FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands with License number 25033.

The user agrees not to hold FOREX.com or any of its affiliates, liable for trading decisions that are based on the currency converter from this website. I’d like to https://www.forex.com/ view FOREX.com’s products and services that are most suitable to meet my trading needs. Trade with a market leader and stable partner invested in your success.

Currency Rates

To do so, you would trade the EUR/USD currency pair, which is a forex investment. The forex market is the largest and most liquid market in the world, representing every global currency with trading conducted 24 hours a day, five days a week. You can trade over 80 currency pairs at FOREX.com. Build your confidence and knowledge with a wealth https://uxfol.io/project/0300647b/Your-Case-Study-Title of educational tools and online resources. Choose from spread-only, fixed commissions plus ultra-low spread, or STP Pro for high volume traders. Alongside nearly 10,000 CFDs, CMC Markets offers the most tradeable currency pairs, with 158 pairs that can be quoted both ways (i.e. EUR/USD or USD/EUR), which comes to a total of 316 pairs.

Take control of your trading with powerful trading platforms and resources designed to give you an edge. Steven HatzakisSteven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative. Here are three of the most important factors to keep in mind when choosing an online broker for forex trading. Are you looking to speculate that the Euro currency will go up in value against the U.S.

Usd

Hands down, the CMC Markets Next Generation trading platform is a market leader that will impress even the pickiest of traders. The new Dynamic Trading tool allows you to place multiple trades simultaneously, which was a nice innovation by CMC Markets this year. IG takes first place in our 2022 Annual Review as the best forex broker, with 100 available currency pairs and the ability to trade CFDs and forex options, traders have plenty of choices. IG is the only broker that is regulated in both Switzerland and the U.S., in addition to nearly a dozen global licenses — making IG one of the most trusted brokers.

Xe Live Exchange Rates

In addition to competitive spreads and low commission-based pricing for forex, Interactive Brokers provides more third-party research than any other broker. To trade forex, you need a reputable online broker. Trading with a trusted forex broker is a crucial factor for success in international currency markets. As a contract for difference trader or forex investor, you may have specific needs related to which platform, trading tools, or research requirements you have. Understanding more about your investment style needs can help determine which forex broker will be best for you. For over a decade, FOREX.com has been serving the needs of currency traders worldwide.

Between 65% and 82% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Our suite of trading platforms has been custom built to deliver maximum performance, flexibility and speed. You’ll benefit from sophisticated trading features, professional charting tools, integrated market insights and more. IG – 75% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you can afford to take the high risk of losing your money.