FOREX.com review: is it safe for gold trading?
Founded 2001 · New Jersey, US · NASDAQ: SNEX (StoneX)
- Score (other countries)
- Not offered
- Best score
- 91 · United Kingdom
- Tier 1–2 for you in
- 4 / 22 countries
- Trader Voice
- 86
- Platforms
- MT4 · MT5 · TradingView · Own
On this page
Is FOREX.com safe?
FOREX.com is a 25-year-old broker headquartered in New Jersey, US, with a listed parent (NASDAQ: SNEX (StoneX)). The group has 4 regulated companies (CFTC, FCA, ASIC, CIRO). How safe it is for you depends on which one opens your account: in 4 of the 22 countries we cover that is a Tier 1–2 regulated company.
Regulation and licences
| Company | Regulator | Regulator tier | Licence | Retail clients |
|---|---|---|---|---|
| GAIN Capital Group LLC | CFTC / NFA ↗ United States | Tier 1 · strictest | Pending check | Yes |
| StoneX Financial Ltd | Financial Conduct Authority ↗ United Kingdom | Tier 1 · strictest | Pending check | Yes |
| StoneX Financial Pty Ltd | Australian Securities and Investments Commission ↗ Australia | Tier 1 · strictest | Pending check | Yes |
| GAIN Capital - FOREX.com Canada | Canadian Investment Regulatory Organization ↗ Canada | Tier 1 · strictest | Pending check | Yes |
Each regulator name links to its own public register. Search the exact company name from your account agreement there before you deposit. How to verify a licence
Which company holds your account
FOREX.com assigns clients to different companies depending on where they live. This is the company, regulator and score you would get in each country we cover.
| If you live in | Your account is held by | Regulator | Score | Rank |
|---|---|---|---|---|
| Other countries | Not accepted | — | — | — |
| United States | GAIN Capital Group LLC | CFTC T1 | A76 | 1 / 2 |
| United Kingdom | StoneX Financial Ltd | FCA T1 | A+91 | 3 / 13 |
| EU / EEA | Not accepted | — | — | — |
| Australia | StoneX Financial Pty Ltd | ASIC T1 | A+85 | 2 / 20 |
| Canada | GAIN Capital - FOREX.com Canada | CIRO T1 | A82 | 1 / 20 |
| Singapore | Not accepted | — | — | — |
| Malaysia | Not accepted | — | — | — |
| Indonesia | Not accepted | — | — | — |
| Thailand | Not accepted | — | — | — |
| Vietnam | Not accepted | — | — | — |
| Philippines | Not accepted | — | — | — |
| India | Not accepted | — | — | — |
| Japan | Not accepted | — | — | — |
| Hong Kong | Not accepted | — | — | — |
| UAE | Not accepted | — | — | — |
| South Africa | Not accepted | — | — | — |
| Kenya | Not accepted | — | — | — |
| Nigeria | Not accepted | — | — | — |
| South Korea | Not accepted | — | — | — |
| Turkey | Not accepted | — | — | — |
| Mongolia | Not accepted | — | — | — |
| Brazil | Not accepted | — | — | — |
Scores are provisional until our cost, news-spread and withdrawal tests are in. T1 = strictest regulator tier, T5 = company registration only. Licence details pending register check.
Trading gold with FOREX.com
- Platforms
- MT4, MT5, TradingView, Own platform
- Minimum gold order
- 0.01 lot (1 oz)
- Swap-free account
- No
- Minimum deposit
- $100
- Round-trip cost, 1 lot XAUUSD
- Not measured yet
- Spread widening at NFP
- Not measured yet
- Withdrawal time
- Not measured yet
- Overnight swap, 1 lot long
- Not measured yet
Cost, news-spread and withdrawal tests run on live accounts from our gold cost lab. Results appear here as each broker is tested. Gold pip value calculator · Margin calculator
Fees, deposits and withdrawals
What the broker publishes about deposits, withdrawals and fees. These are the broker’s own terms, collected from independent reviews and the broker’s pages, not our lab measurements.
- Minimum deposit
- 100
- Inactivity fee
- 15 USD a month after 12 months without activity
- Deposit fee
- None from broker
- Withdrawal fee
- None from broker; third-party costs may apply; minimum withdrawal 100
- Withdrawal time
- 24 to 48 hours to process
- Account types
- Standard / MetaTrader (spread only) · RAW Pricing (commission)
- Raw account commission
- About 5 USD per round-turn lot on majors (RAW Pricing), per DailyForex
- Payment methods
- Visa/Mastercard · Bank transfer · Neteller · Skrill (varies by region)
- Part of StoneX Group (NASDAQ: SNEX)
- Accepts US clients through GAIN Capital Group LLC (CFTC/NFA)
Checked 2026-11-05. Terms change; confirm on the broker’s site before you deposit.
Regulatory record
Fine2022 · NFA (US) · GAIN Capital Group LLC (FOREX.com US)
USD 700,000 fine after a 2021 platform malfunction: improper account adjustments, customer treatment, inaccurate submissions and supervision
Source ↗
Fines and regulator orders in the last five years reduce the protection score: −4 each, up to −12. Self-reported breaches that were compensated, and public warnings, are shown but not scored.
Score breakdown
FOREX.com only takes clients in countries where it has a local company, so its score depends on the country. See the table above.
Pros and cons
Pros
- Parent company is listed (NASDAQ: SNEX (StoneX)), so its accounts are audited and public.
- Retail clients can be served by Tier 1 regulated companies (CFTC, FCA, ASIC, CIRO).
- In 4 of the 22 countries we cover, your account would sit with a Tier 1–2 regulated company.
- Offers both MT4 and MT5.
- Can be traded directly from TradingView charts.
Cons
- Licence details come from the broker’s own pages; our register check is not finished.
- Only accepts clients in the countries where it holds a local licence.
- Does not accept residents of 18 of the 22 countries we cover.
- No swap-free account.
What traders say
The Trader Voice score sits beside our expert score and is never mixed into it. It combines public review scores with ratings from our own readers.
Trader Voice
86
Expert score (best, United Kingdom): 91
Our readers
No reader ratings yet. Be the first below.
What reviewers praise
- Knowledgeable, patient staff
- Quick support
- Easy platform
What reviewers complain about
- Lengthy verification
- Delayed withdrawals
- Platform lag
- Long wait times
…
Trustpilot scores reflect who a broker invites to review, so we temper them with the share of one-star reviews. Reader ratings count after an account is 72 hours old; one rating per account per broker. Full methodology and data rules
Trader evidence
What readers report from their own accounts: how long withdrawals took, complaints whose evidence our editors checked, and corrections to our data. Nobody can pay to remove a complaint.
Median withdrawal time
—
No reports yet
Arrived within 24 hours
—
Verified complaints
0
0 resolved
…
Questions
Is FOREX.com safe for gold trading?
FOREX.com is a 25-year-old broker headquartered in New Jersey, US, with a listed parent (NASDAQ: SNEX (StoneX)). The group has 4 regulated companies (CFTC, FCA, ASIC, CIRO). How safe it is for you depends on which one opens your account: in 4 of the 22 countries we cover that is a Tier 1–2 regulated company.
Is FOREX.com regulated?
Yes. GAIN Capital Group LLC is regulated by CFTC / NFA (United States). StoneX Financial Ltd is regulated by Financial Conduct Authority (United Kingdom). StoneX Financial Pty Ltd is regulated by Australian Securities and Investments Commission (Australia). GAIN Capital - FOREX.com Canada is regulated by Canadian Investment Regulatory Organization (Canada). These details are from the broker’s legal pages and our register check is still pending.
Which countries does FOREX.com not accept?
Of the countries we cover, FOREX.com does not accept residents of EU / EEA, Singapore, Malaysia, Indonesia, Thailand, Vietnam, Philippines, India, Japan, Hong Kong, UAE, South Africa, Kenya, Nigeria, South Korea, Turkey, Mongolia, Brazil.
Does FOREX.com offer MT4, MT5 or TradingView for gold?
FOREX.com offers MT4, MT5, TradingView, its own platform. The minimum gold order is 0.01 lot.
Does FOREX.com have a swap-free account?
Not that we could confirm.
What is the FOREX.com minimum deposit?
$100 on the standard account, according to the broker.
Alternatives
See also
Best brokers by country
Data checked: November 2026 · Sources: [1]
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Ratings are our opinion, based on the data and rules described in the methodology. They are not investment advice.