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Forex.com

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Forex.com

Complaints

7 complaints
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Repeated Unsolicited Calls Claiming to Be From Forex.com, Requesting Immediate Stop

Tuba
Tuba
December 2, 2024 5:57 PM40

I am being harassed by constant calls from different numbers claiming to represent Forex.com. Despite telling every call...

Unsolicited Calls and Messages from Deltin Altrox Capital via Forex.com

Murat
Murat
November 18, 2024 8:06 PM53

I was contacted by someone claiming to represent Deltin Altrox Capital, stating they were affiliated with Forex.com. Des...

Forex.com Fake Investment Offers Complaint

Esmanur
Esmanur
April 12, 2024 12:49 AM76

On the night of April 11th, around 11:20 PM, I made a regrettable mistake by seeking information online and ended up fal...

My Forex.com Funds Not Available for Withdrawal

Turgay
Turgay
February 18, 2024 1:06 AM71

I'm uncertain if Forex.com engages in such a practice, but I went ahead and registered. Upon receiving a recommendation,...

My Forex.com Funds Not Available for Withdrawal
My Forex.com Funds Not Available for Withdrawal

I Have Been Scammed By Some People Claimed to Work for Forex

Ayoub
Ayoub
December 25, 2023 11:10 PM165

C**** Y*****, who worked for the company Forex Global Markets Turkiye, scammed me. It's TR50 0**3 4000 0**** 6191 ***0 0...

1

Forex.com Misled Into Investing and Threatened Over Fake Profits

Çilem
Çilem
September 26, 2023 5:28 PM72

I fell victim to a company called Forex.com on Instagram and WhatsApp, who pretended to be offering investment opportuni...

Forex.com Misled Into Investing and Threatened Over Fake Profits

Forex.com Live Market Scam

Bahar
Bahar
August 24, 2023 11:37 PM66

I experienced a scam with Forex.com live market. They took ₺16,000 from me. Initially, I invested ₺3,000, and then they ...

FOREX.com Brand Overview

FOREX.com is a globally recognized online retail broker that was established in 2001. As one of the pioneers in the retail trading space, it provides self-directed traders with access to the global financial markets. The brand is a wholly-owned subsidiary of StoneX Group Inc., a Fortune 100, NASDAQ-listed financial services conglomerate with over a century of corporate history and billions in assets. Operating under strict regulatory frameworks worldwide—including the CFTC and NFA in the United States, the FCA in the UK, and ASIC in Australia—FOREX.com is widely regarded as a highly legitimate and secure corporate entity within the trading ecosystem.

Industry and Activities

FOREX.com operates within the financial services and online brokerage industry. The company specializes in providing retail clients with electronic trading platforms, such as MetaTrader and its proprietary web platforms, to execute trades across various asset classes. Their primary products and services include:

  • Foreign Exchange (Forex): Trading on over 80 global currency pairs.
  • Contracts for Difference (CFDs): Allowing users to trade price movements on equities, indices, and bonds (availability depends on regional regulations).
  • Commodities: Spot and futures trading for precious metals like gold and silver, as well as oil and agricultural products.
  • Cryptocurrencies: Leveraged trading on popular digital assets for eligible international clients.

User Sentiment and Insights

Based on aggregated user reviews and consumer complaint trends, FOREX.com generally receives praise for its strong regulatory background, reliable execution speeds, and helpful customer service agents during operational hours. However, prospective users should pay attention to several recurring pain points reported by the community:

  • Withdrawal Delays and Friction: A frequent complaint involves a slow and complicated withdrawal process, with users citing prolonged account verification steps and unexpected bank transfer fees.
  • Account Funding Times: Some retail traders report that initial deposits can sometimes take much longer than the advertised 2-5 business days to clear.
  • Maintenance Fees and Spreads: Users have highlighted unexpected monthly inactivity fees and noticeable spread widening during periods of high market volatility.

Share Your Experience

If you have traded or interacted with FOREX.com, we strongly encourage you to write a review or submit a complaint below to share your personal experience and help other users make informed financial decisions.