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FOREX.com accounts and how they score

Account range and entry terms feed the rating. Here are FOREX.com's accounts and the facts the score is built on.

Facts last checked . Read the full FOREX.com review.

Accounts

Minimum deposit
$100
Account types
Standard/Spread-Only, RAW Pricing, MT4, MT5, Corporate, Professional, Demo
Account currencies
USD, EUR, GBP, AUD, CAD, JPY, CHF
Islamic account
Yes, in selected jurisdictions
Demo account
Yes
Professional account
Yes
Minimum trade size
1,000 currency units / 0.01 lot equivalent
Time to open
Typically a few minutes

What this means

FOREX.com runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP, AUD, CAD, JPY, CHF. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 1,000 currency units / 0.01 lot equivalent. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about FOREX.com accounts

What account types does FOREX.com offer?

FOREX.com offers 7 account types: Standard/Spread-Only, RAW Pricing, MT4, MT5, Corporate, Professional, Demo.

What is the minimum deposit at FOREX.com?

The minimum deposit at FOREX.com is $100. It can differ by account type and by the entity you register with.

Does FOREX.com offer an Islamic account?

Yes. FOREX.com offers a swap-free account for clients who need one.

Accounts at brokers under the same regulator

More about FOREX.com