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Also, U.S.

Feel free to share your comments directly with our team or on one of the review portals. I’d like to view FOREX.com’s products and services that are most suitable to meet my trading needs. I understand that residents of the US are not be eligible to apply for an account with this FOREX.com offering, but I would like to continue.

  • Also, U.S. clients are not offered guaranteed stop loss orders.
  • You pay a flat commission of $5 per 100,000 units of currency traded.
  • Depending on the trading strategy, it may become the most significant fee per trade.
  • FXTM is a member of the Honk Kong-based Financial Commission, where the Compensation Fund protects traders up to €20,000 per claim.
  • Additionally, the trader can choose to make the stop loss a trailing stop loss order.

Standard account and commission account traders may also benefit from the Active Trader Program. The program is open to anyone who opens an account with at least Forex $10,000 or who trades $25 million of volume in a month. The program is not open to DMA account holders, as that account already has volume-based fee reductions.

Forex.com Account Types

Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions. I want to stress once again that commission-free does not necessarily equal cheaper trading costs. Spreads are generally higher, often twice as high, than commission-based offers, and DotBig LTD FXTM is no exception. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Forex review

For instance, you can compare Forex.com fees with its peer FBS. RoboForex was recognized by the most respected experts of the financial industry. The trading schedule on several instruments will be changed due to Thanksgiving holiday in the US. Your funds are fully secured when you trade with RoboForex.

FXTM Trading Platforms

Had a question asking why the balance on my account did not match my MT4 account and was told my profit would show after I withdraw my opening balance….huh! https://www.cnbc.com/money-in-motion/ Why it can’t show the balance on the account makes no sense to me. Tried to ask customer service these questions and they were rude and argumentative.

Forex review

Simply log in with your username and password to access the trading and investment platform. It requires nothing more than a connection to an internet FX broker https://www.phoneswiki.com/dotbig-ltd-review/ and registration on the Bitcoin Profit way technology platform. It’s the broker’s job to spread your money around to numerous investment opportunities.

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