I always recommend traders to check for regulation and verify it with the regulator by checking the provided license with their database. For many years, Forex.com has been serving the needs of currency traders worldwide. They understand what traders need and offer sophisticated trading tools, competitive spreads from as low as 0.8 on the EUR/USD and exceptional octafx trading review execution quality on over 80 currency pairs. You will find everything you need to trade from major currency pairs, trending cryptos and individual stocks of the largest companies. The trading instruments available may be different depending on your location. This is because some countries have access to trade instruments that others cannot due to regulations.
They stopped me out for no reason, they make it insanely difficult to start up, and now I’m having log in issues again when I haven’t changed anything since I logged in literally earlier today. I don’t know what is up with this brokerage but from my experience, other brokerages have worked better. I like their platform appearance but everything else about this broker isn’t impressive or suitable for profiting. I wish there was a way that we could type in a date on a chart and go directly to that day to inspect hourly or minute price movement.
Forex Com Futures Trading
We understand your frustration in this matter and hope you reach out to our support team with more details. Our support team is available by phone, live chat, or email at The Performance Analytics tool powered by Chasing Returns helps clients become better traders.
Note, that the products and services available to you at FOREX.com will depend on your location, and on which of its regulated entities holds your account. If you want to learn how MetaTrader platforms work, read our article. You can search by typing the name of the product you’re looking for or browsing a categorized product list.
What About The Minimum Deposit?
I have a VPS through a third-party provider and find it excellent for running my automated strategies 24/7. It allows me to run multiple instances of the MT4 platform so I can test out different systems and brokers without needing my laptop switched on all of the time.
- However, we did encounter some issues when it came to finding other pricing information.
- FOREX.com offers an impressive selection of research and education tools for traders at every expertise level.
- It can also be filtered dependent on various news classifications.
- It offers a strong trading platform for the new as well as experienced traders.
- Each course covers everything from the basics of trading, technical analysis, fundamental analysis, trading strategies, risk management and much more.
- Meta Trader 5 is a sophisticated trading platform that has more than 100 trading tools & indicators.
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! octafx review Overall, I can certainly see some potential with the Forex Hulk Strategy and the technical indicator analysis that it uses to try and capture big market trends. It has a really handy traders’ dashboard that clearly displays all of the important statistics require by the Forex Hulk System directly on your charts.
In his spare time, he loves learning new things, especially data science, algo-trading, programming https://www.cnbc.com/money-in-motion/ and trading. Stock CFD fees are quite high, and the desktop platform is not easy to use.
Review Methodology
As the markets opened on a day with one of the worst crashes we’ve seen this year, the app froze and I couldn’t close any trades. It said I had no open positions and there was no information at all on the app.
Range Of Markets
Do not waist your time, stay away from them and do not disclose your personal data. We are disappointed you have not had a good experience trading with FOREX.com. https://forexreviewdaily.com/octafx-reviews/ Hope your company will improve its policy in the future to attract more traders. Here you have to move to the pivot point page and select the trading instrument.
Forex Com Vs Oanda
Opening an account with FOREX.com is also quite straightforward. U.S.-based applicants will need to fill out some basic information on an online form and provide details about their trading experience. They will also need their ID, social security number or Forex ITIN, and their employer’s name, if applicable. Experienced and intermediate traders will love FOREX.com’s impressive range of technical indicators. From moving averages to the Ichimoku Cloud, you can use over 90 indicators to help inform your trading.
Cryptocurrencies
The base commission for the lowest tier is expensive at $10 per Standard lot ($5 per side), which adds about one pip to the typical spreads of 0.8 pips for the EUR/USD . The following table summarizes the different investment products available to FOREX.com clients. Web Trader features TradingView’s advanced charting, which is fully https://forexreviewdaily.com/octafx-reviews/ integrated and conveniently accessible through the same username. 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. FOREX.com does not offer guaranteed stop loss orders for U.S. clients.
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. FOREX.com is a trusted forex broker that shines thanks to its extensive product offering, excellent platform options and trading tools, and its selection of in-house and third-party market research. The products and services available to you octa fx reviews at FOREX.com will depend on your location, and on which of its regulated entities holds your account. For example, while CFDs are not available in the U.S. due to regulatory issues, FOREX.com offers an impressive selection of over 4,500 CFDs for traders living outside of the U.S. Also, knock-out options are now available at FOREX.com in Japan, Singapore, and Australia. FOREX.com’s market analysis and insights are on par with industry standards and serve to connect traders to the markets and supplement its educational resources.