FOREX.com Account Types

FOREX.com’s Standard account is ideal for casual traders.

• Availability: NFA, CFTC, CySEC, FCA, and CIMA.
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: Spreads that change from 0.8 pips and a rollover fee for contracts left overnight.
• Platforms: WebTrader, MT4 (under NFA and CFTC).
  Trade size: From 1 micro lot.
• Leverage: Up to 1:50 (NFA, CFTC, IIROC), 1:30 (CySEC, FCA, ASIC), and 1:400 (CIMA).
  Special features: Traders registered with the NFA, CFTC, and IIROC are qualified for the active trading program.
• Opening an account: You can use a demo account for 30 days. After that, you must pay at least $100 to switch to a real account.

The FOREX.com MT4 account is best for day traders.

• Availability: FCA, FSA (Japan), NFA and CFTC, and CIMA.
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: Spreads on forex start at 0.8 pips, and there is a reload fee for open accounts overnight.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:30 (FCA), up to 1:50 (NFA and CFTC, IIROC), and up to 1:400 (CIMA).
• Special features: Traders (under NFA and CFTC, IIROC) are allowed monthly money refunds, and VPS is available.
• Account opening: a safe account for 30 days and a $100 minimum payment for a live account.

FOREX.com MT5 account is best for day traders.

• Availability: Under the CySEC.
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: Spreads start at 0.8 pip, and there are rolling fees for positions open for over two days.
• Trade size: From 1 micro lot.
• Leverage: 1:30 (CySEC).
• Account opening: You can try a test account for 30 days and then open a real account with a minimum payment of $100.

FOREX.com Commission Account is best for tight spreads and set commissions.

• Availability: CIMA, NFA, and CFTC.
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: Spread on forex starts at 0.2 pips, with a $5 commission per lot exchanged and a rollover fee.
• Trade size: From 1 micro lot.
• Leverage: 1:50 (NFA and CFTC) and 1:400 (CIMA).
• Features: You are qualified for the Active Trader Programme.
• Account opening: A sample version is offered for 30 days, and the lowest payment for a real account is $100.

The FOREX.com Corporate account is the best option for institutions.

• Availability: Under CySEC, FCA, and FSA (Japan).
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: 0.8 pips spread; overnight rollover charge on open positions.
• Trade size: From 1 micro lot.
• Leverage: 1:30 (CySEC, FCA).
• Special features: It can be used by multiple authorized users, and a company can make cash payments.
• Opening an account: The initial investment is $100.

FOREX.com’s DMA account is best for high-volume users.

• Availability: Under the FCA, IIROC, and CIMA.
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: You only have to pay a normal commission, not a trading spread.
• Trade size: From 1 normal lot.
• Leverage: Up to 1:30 (FCA), up to 1:50 (IIROC), and up to 1:400 (CIMA).
• Special features: You can get lower commissions based on how much you trade, and all money transfer fees will be paid for you.
• Opening an account: The lowest investment is $100, even though the recommended amount is at least $1000. Only big buyers can use it.

FOREX.com’s STP Pro trading account is best for high-volume traders.

• Availability: Under the NFA and CFTC.
• Markets: Forex, gold, silver, futures, and futures options.
• Commissions: This account doesn’t have a spread; each spot has a set commission.
• Trade size: From 1 normal lot.
• Leverage: 1:50 or more.
• Special features: You can get lower commissions based on how much you trade, and all money transfer fees will be paid for you.
• Account opening: Institutional traders only; $100 is required to start the account. However, the broker recommends a deposit of at least $1000.

The FOREX.com Professional account is best for experienced traders.

• Availability: Under the FCA.
• Markets: Forex, stocks, cryptocurrencies, commodities, indices, and coins (4500+ CFD assets in total).
• Commissions: Only a floating spread that starts at 0.8 pips and a rolling fee if you keep a contract open for more than two days.
• Trade size: From 1 micro lot.
• Leverage: 1:400 or more.
• Special features: You can get money back monthly and use their Active Trader program to your advantage.
• Account opening: $100 as a minimum payment or $1000 for improved position management.

FOREX.com Islamic account is best for Muslim sellers.

• Availability: Under NFA, CySEC, CFTC, FCA, and CIMA.
• Markets: Forex, stocks, cryptos, commodities, and indices (4500+ CFD assets in total).
• Commissions: Spreads start at 0.8 pips and stay the same; you won’t find bigger spreads.
• Trade size: From 1 micro lot.
• Leverage: Up to 1:50 (NFA, CFTC, IIROC), 1:30 (CySEC, FCA, ASIC), and 1:400 (CIMA).
• Features: There are no swap costs.
• Opening an account: Before you open a real account with a minimum investment of $100, you can try it out risk-free.