Is FOREX.com legit?
Yes, FOREX.com is a legit forex trading.
Average rating: 3.65 / 5
Weighted average rating: 3.28 / 5
Based on 1021 reviews from 7 sources
I'm new ,,this forex it's very nice platform it's very big helpul and to all's person's investment... and the big dreams very nice..source
Advanced charting and technical research toolssource
With a wide range of markets available, FOREX.com's multi-asset offering shines the most on its flagship Advanced Trading (desktop) and Web Trading (browser) platforms.source
Cannot buy and sell other securities (like stocks and bonds)source
This broker will lock you out or will freeze when you try to close loosing positions, during high volatility, their app is slow and freezes, their leverage sucks and wasted 2 years with them, plus they provide too much loosing signals, the platform is never updated with new tools or indicators, so now is time to go.source
An effective web presence is crucial for an online broker. While FOREX.com's website has an intuitive feel, there are a few pages with either incorrect, outdated, and/or incomplete information, which speaks to a general lack of attention to detail.source
FOREX.com has been included in the following lists
is FOREX.com legit?
When it comes to online Forex trading, one of the first questions that traders ask is whether or not a particular broker is legitimate. In this article, we will review FOREX.com, a popular Forex broker, and answer the question of whether or not it is a legitimate option for traders.
Quality of Service:
One of the key indicators of a legitimate Forex broker is the quality of service that they provide. In the case of FOREX.com, the broker has generally received positive reviews in this regard. Traders have praised the broker for its intuitive and user-friendly trading platform, as well as the wide range of educational resources that are available to help traders improve their skills. The broker also offers a range of advanced trading tools and features, such as advanced charting, custom indicators, and automated trading systems, which can be useful for more experienced traders.
Reviews from Real Users:
Another important factor to consider when determining the legitimacy of a Forex broker is the reviews and experiences of real users. In the case of FOREX.com, the broker has received a mix of positive and negative reviews from real users. Some traders have praised the broker for its reliable service and helpful customer support team, while others have complained about slow withdrawal times and other issues. It is worth noting that no broker is perfect, and it is common for traders to have both positive and negative experiences with different brokers.
The level of customer support provided by a Forex broker is another important factor to consider when evaluating its legitimacy. FOREX.com offers a range of customer support options, including live chat, email, and phone support. The broker also has a comprehensive FAQ section on its website, which can be useful for answering common questions. In general, FOREX.com's customer support team has received positive reviews from traders, with many praising the team for their knowledge and helpfulness.
FOREX.com is a full-service Forex broker that offers a wide range of features and services to its clients. Some of the key features of the broker include:
A variety of trading platforms, including the popular MetaTrader 4 platform and the broker's own web-based platform, FOREXTrader Pro. A wide range of trading instruments, including Forex, CFDs, and futures. Advanced trading tools and features, such as custom indicators and automated trading systems. Educational resources, including webinars, videos, and trading guides, to help traders improve their skills. Pros & Cons:
As with any broker, FOREX.com has its pros and cons. Some of the pros of the broker include:
A wide range of trading instruments and platforms. Advanced trading tools and features. Comprehensive educational resources. Relatively low fees and spreads. Some of the cons of the broker include:
Limited payment options. Some users have reported slow withdrawal times. Some traders may find the broker's fees and spreads to be higher than those of other brokers. Conclusion:
In conclusion, FOREX.com is a legitimate Forex broker that offers a wide range of features and services to its clients. While the broker has received some negative reviews, it has also received many positive reviews from satisfied traders. Overall, FOREX.com seems to be a reliable and trustworthy broker that is worth considering for traders who are looking for a full-service Forex trading platform.
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