Brokers

If you're a UK trader looking for a well-regulated broker that blends credibility with functionality, Forex.com likely pops up as one of the options.
With a strong global presence and authorisation from the Financial Conduct Authority (FCA), Forex.com has built a reputation as a go-to platform for both beginners and experienced traders. But does it actually deliver the flexibility, tools, and pricing that UK investors are after?

In this Forex.com broker review, we’ll unpack everything you need to know, from its account types and fee structure to its trading platforms, and more. If you're just starting out or planning to scale your trading strategy, here's the deep dive you've been looking for.
| Pros of Forex.com | Cons of Forex.com | ||
| ✅ Low spreads and no commissions, ideal for frequent traders | ❌ No MetaTrader 5 support | ||
| ✅ Low spreads and no commissions, ideal for frequent traders | ❌ $15 inactivity fee after 12 months | ||
| ✅ Supports Web Trader + MT4 | |||
| ✅ No deposit/withdrawal fees |
| Pros of Forex.com | Cons of Forex.com |
| ✅ Low spreads and no commissions, ideal for frequent traders | ❌ No MetaTrader 5 support |
| ✅ Low spreads and no commissions, ideal for frequent traders | ❌ $15 inactivity fee after 12 months |
| ✅ Supports Web Trader + MT4 | |
| ✅ No deposit/withdrawal fees |
Let’s take a quick look at what Forex.com brings to the table:
Every piece above feeds into the bigger picture, Forex.com is aiming to be a full-stack solution for UK-based traders who want regulated access without compromise.
Forex.com is fully FCA-regulated, which means it’s playing by strict UK rules when it comes to client fund segregation, transparency, and risk disclosure. Your deposits are held separately from the company’s own funds and are protected by the FSCS, up to £85,000.
And behind it all is StoneX Group, a Fortune 100 company listed on the NASDAQ. So, if peace of mind is part of your trading checklist (and it should be), this broker passes the test.
While the name might suggest it’s only about currencies, Forex.com has built out a strong multi-asset offering. UK traders can tap into:
Retail leverage is capped at 1:30 in accordance with local regulations, offering enough flexibility for active traders while keeping risk within manageable levels. Whether you’re focused on the volatility of forex or the steadiness of index tracking, there’s room to build a diverse trading portfolio here.
One of the stronger selling points in this forex.com broker review is account flexibility. Forex.com offers three distinct setups:
The minimum deposit is just $100, making it beginner-friendly. There’s also no withdrawal fee, and while an inactivity fee ($15/month) applies after a year of no use, that’s avoidable with even minimal engagement.
This transparent pricing model offers flexibility without hidden costs, making it stand out among the best CFD brokers. However, as a CFD-only platform, it does not offer real asset investments.
Forex.com UK supports deposits via debit/credit card and bank transfer, with no minimum and no internal fees. Card deposits are instant, while bank transfers usually clear within 1–2 business days.
Withdrawals must be at least $100 (or equivalent) and are returned to the original funding method where possible. Processing takes 1–2 business days on Forex.com’s side, with bank transfers typically arriving within 3–10 days and cards or e-wallets within 48 hours. There are no withdrawal fees, but a 0.5% currency conversion charge applies if the withdrawal isn’t in your account’s base currency. Accounts inactive for 12 months are charged $15/month.
Forex.com doesn't just give you one way to trade, it gives you the setup that matches your style:
If you prefer execution speed and technical analysis over clunky interfaces, you’ll be in good hands. The Web Trader alone offers fast execution and seamless charting, and MT4 fans won’t feel left out either.
👉 For more information on brokers that use Metatrader 5 read: Best Brokers for MetaTrader 5
You won’t be left hanging if something goes wrong. Forex.com offers:
Support is typically available during trading hours Monday to Friday, and response times are fast enough to get issues resolved without unnecessary delays. If it’s a query about withdrawals or platform navigation, help is easy to reach.
Whether you’re just starting out or brushing up on strategy, Forex.com provides plenty of learning material:
This isn’t just filler content either, it’s actionable, educational, and built for traders who want to level up.
So, who’s Forex.com actually made for?
This forex.com broker review makes it clear that it’s perfect for:
It’s not built for crypto-chasers or those looking for ultra-high leverage, but for regulated, feature-rich, multi-asset trading, it’s one of the most solid brokers on the market.
Forex.com is a globally recognised broker that’s been around since 2001, now operating under the umbrella of NASDAQ-listed StoneX Group, just like City Index - to find out more you can read our City Index Review. In the UK, it's fully licensed by the Financial Conduct Authority (FCA), which instantly puts it ahead of unregulated offshore options floating around online.
What makes Forex.com appealing to both new traders and seasoned pros is its range of features that don’t feel like fluff: multiple platforms, tight spreads, and account types that cater to how you actually trade. Whether you’re dipping into forex casually or diving into deep liquidity with DMA access, Forex.com comes equipped.
Yes, both account types offer commission-free plans.
Getting started is quick and painless. Here’s the 5-step setup:
The onboarding is user-friendly and typically processed within the same day. You can even start with a free demo account if you’re still testing the waters.
No built-in copy trading tools are available, but MT4 users can connect to third-party copy trade systems or run automated strategies via Expert Advisors.
You can open a Forex.com account in the UK with just $100, low enough for beginners to get started without overcommitting.