A step by step tutorial on Forex.com's offerings including their accounts, spread fees, trading applications and more.
This Video Overview Includes:
📢 Trading products
📢 Account types
📢 Trading platforms
📢Opening an account
📢 Educational resources
📢 And more...
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0:25 Overview
1:27 Trading instruments
3:18 Trading platforms
5:42 Account types
7:05 Opening an account
7:58 Educational resources
10:06 Awards
11:00 Conclusion
Read our Video Script:
Forex.com is a US-based Forex broker that was officially established in 2001 in Bedminster, New Jersey. This broker is regulated by several top-tier agencies, including FCA, IIROC, ASIC and CFTC, and currently has more than 70,000 clients worldwide. When trading with this broker, you can choose from 3 types of trading accounts and if you’re a high-volume trader, you will be happy to know that with the Forex.com active trader program, you can get up to 15% cash rebates on trades plus other exclusive benefits. Forex.com requires a minimum deposit of 100 USD and you can fund your account using USD, EUR or GBP via credit card, debit card, or wire transfer. Once your account is funded, you will be able to trade Forex, Indices, Stocks, Commodities, Metals and Cryptocurrencies, and there are over 500 markets and more than 4,500 tradable instruments on Forex.com. Forex.com supports the MetaTrader 4 and 5 platforms, but a proprietary suite of advanced trading platforms are available if you are keen to try something new. If you are a beginner, Forex.com offers plenty of educational resources and you will always be able to make informed decisions with the market news updates and detailed research provided by the Forex.com team.
Forex.com offers 3 types of trading accounts and you have the option of trying a risk-free demo account before making any commitments. The Standard account can be used with the MetaTrader and Forex.com platforms, and it is a spreads-only, commission-free account. The Commission account and DMA account are both only compatible with the Forex.com trading platform, while the Standard account and the Commission account both use a market-maker model and support API trading. The DMA account is recommended for high-volume traders and comes with a dedicated market strategist. This account is eligible for earning interest and is more suited to professional traders. There is also an active trader program that offers monthly cash rebates for high-volume traders. The Standard and DMA accounts are used by most retail traders and beginners and special features are available for accounts that qualify. All the Forex.com accounts can be used to trade Forex pairs, gold and silver, but only the DMA and Standard accounts offer cryptocurrencies, indices, commodities and shares.
Forex.com supports MetaTrader 4, 5 and the proprietary Forex.com platforms.
MetaTrader 4 and 5 are currently two of the most popular trading platforms in the world. MetaTrader 4 was released in 2005, and MT5 was released 5 years later. These platforms are renowned for their advanced analysis tools, technical indicators, customisable charts, EA support and more.
Forex.com offers theme-based educational resources that are designed based on the trader’s level of experience. The themes covered include topics like Trading Concepts, risk management, Technical Analysis, Fundamental Analysis and Trading Strategies. There is also a trading glossary you can use and you can take the quiz to find out what type of trader you are before you start trading.
There are several perks to trading with Forex.com. Not only are there multiple accounts to choose from and an abundance of educational resources for beginners and experts, but the Forex.com trading platforms have combined all the best features of mainstream platforms to increase your chances of success as a trader. As a Forex.com client, you will have the advantage of professional guidance and support, sophisticated proprietary trading tools, and a reliable broker that is blacked by a robust regulatory framework that ensures your investments are always protected.
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