Forex deposits

Top-3 forex bonuses

Interest rates, minimum deposits, tenure periods, and available currencies vary from bank to bank. If an investor withdraws the funds prior to maturity, an early withdrawal penalty would apply, which is often steep and set at the discretion of the bank. The early redemption of a foreign currency fixed deposit will very likely result in the partial loss of the principal sum due to the combined effects of the redemption charges and bid-ask spread charges.

Foreign currency fixed deposit (FCFD)

What is a foreign currency fixed deposit (FCFD)?

Foreign currency fixed deposit (FCFD) is a fixed investment instrument in which a specific sum of money that is poised to earn interest is deposited into a bank. Although fixed deposits have virtually no risk, foreign currency fixed deposits introduce an element of risk because investors must exchange their currency into the target currency and then convert it back again once the term is over.

Key takeaways

A foreign currency fixed deposit is a fixed deposit investment for keeping foreign currency.

The money deposited in an FCFD earns interest but comes with some currency exchange risk.

Money in an FCFD account can’t be withdrawn until the fixed term is up.

Investors use FCFD accounts to diversify or hedge against foreign currency movements.

Understanding a foreign currency fixed deposit (FCFD)

A foreign currency fixed deposit (FCFD) is a time deposit issued by banks to investors who would like to keep foreign currency for future use or hedge against foreign currency fluctuation. The money deposited in the FCFD account cannot be withdrawn until the agreed fixed term has expired.

A canadian investor who has CAD dollars but wants to hold U.S. Dollars can deposit USD into a US dollar-denominated FCFD paying a higher interest rate than a local canadian savings account. To do this, the investor will have to purchase US dollars from the issuing bank using his canadian dollars. After the US dollars is purchased, it is deposited into the FCFD.

Special considerations

If an investor withdraws the funds prior to maturity, an early withdrawal penalty would apply, which is often steep and set at the discretion of the bank. The early redemption of a foreign currency fixed deposit will very likely result in the partial loss of the principal sum due to the combined effects of the redemption charges and bid-ask spread charges.

Benefits of a foreign currency fixed deposit

There are a number of reasons why an FCFD investment appeals to certain investors. Investors who want some diversification to their portfolios may opt for fcfds in another currency. Companies looking to hedge against foreign exchange movements may use the FCFD as a hedging tool. For such companies, an FCFD is used to facilitate cross-currency swaps. Investors who want exposure to a target currency because they invest abroad, have children studying in a given country, or conduct business in another country may invest in fcfds.

An FCFD can be invested in in two ways—opening a local account that offers deposits in the foreign currency that the investor would like to gain exposure to or opening an account in the foreign country itself. Interest rates, minimum deposits, tenure periods, and available currencies vary from bank to bank.

When foreign currency fixed deposits are larger and longer in duration, they receive much higher interest rates. An FCFD can be a very useful and safe way to invest your money. However, depositors must make sure that they do not need that money for the entire duration of the term.

Example of a foreign currency fixed deposit (FCFD)

For example, USDCAD is quoted as 1.29 from an FCFD issuing bank. An investor that wants to deposit $100,000 will buy USD at the rate of 1.29 from the bank by selling CAD129,000. The $100,000 is deposited in the FCFD account for one year and earns an annual interest of 1.5%. After the tenure ends, the USD is sold for CAD at the prevailing foreign exchange rate offered by the issuing bank.

Investors who do not expect foreign exchange rates to move against them will typically use an FCFD. However, all FCFD investors face foreign exchange risk given that if there is an adverse movement in the exchange rate, the transaction costs and exchange rate difference might negate any excess interest returns or even put the investor in losses.

Following our example above, at the end of the term, the investor earns 1.5% x $100,000 = $1,500. However, the bank is only willing to purchase USD at a rate of 1.21. This means that the investor will receive canadian dollars worth $101,500 x 1.21 = CAD122,815. As you can tell, this amount is below the investor’s original investment amount of CAD129,000.

Forex.Com minimum deposit

All reviews and top lists updated for 2021. Check out the annual brokerchooser awards.

Forex.Com minimum deposit amount

The minimum deposit at forex.Com is $100.

Check the following comparison table to see how forex.Com stacks up against similar brokers when it comes to minimum deposits:

Forex.Com minimum deposit vs. Similar brokers

forex.Com	oanda	IG
minimum deposit	$100	$0	$0

They expect to deposit 100 of your account currency but they advise to have at least 1000 units of your account currency

The minimum deposit means that you will first need to transfer this amount to your brokerage account from your bank account in order to start trading. It is sometimes called an initial deposit or funding.

Beyond the required minimum deposit, there are a couple of other factors to consider when you are about to open an account at forex.Com. Here are the main pros and cons when it comes to depositing at forex.Com:

Pros	cons
• credit/debit card deposit	none
• no deposit fee
• several account base currencies

Open account
79% of retail CFD accounts lose money

Why does forex.Com require a minimum deposit?
Online brokers sometimes require a minimum deposit in order to cover their initial costs associated with creating a new account and to ensure their profitability. The higher the amount you deposited, the higher the chance for you to trade more and generate bigger profits for the broker.

In some cases, the very high minimum deposit (like the £1 million amount at the VIP account of saxo bank) is there to differentiate the level of services they offer you.

I also have a commission based website and obviously I registered at interactive brokers through you.

Especially the easy to understand fees table was great!

Forex.Com minimum deposit
forex.Com deposit fees and deposit methods

Forex.Com does not charge a deposit fee. This is great because the broker won't deduct anything from your deposits and you only have to calculate with the costs charged by the bank / third-party you send the money with. If you want to know more about forex.Com fees, check out the fee chapter of our forex.Com review.

While there is no deposit fee at forex.Com, the available deposit methods are also important for you. See how forex.Com deposit methods compare with similar online brokers:

Forex.Com deposit methods vs. Similar brokers

forex.Com	oanda	IG
bank transfer	yes	yes	yes
credit/debit card	yes	yes	yes
electronic wallets	yes	yes	yes

The average transfer times for the different methods are:

Wire transfer: 2-3 days

Credit / debit card and online wallets: instant or a few hours

A minor issue with depositing money to forex.Com is that based on our experience it's not user-friendly compared to similar brokers. This means either that the interface is not user-friendly or that figuring out where and how you have to make the transfer is a bit complicated.

Find out more about depositing to forex.Com on their official website:

Open account
79% of retail CFD accounts lose money

Forex.Com minimum deposit
deposit currencies

Each trading account has a base currency, which means that the broker will hold your deposited money in that currency. At some brokers, you can also have more trading accounts with different base currencies. For example, at IG, it is possible to have both EUR and USD-based accounts.

Why does this matter? A currency conversion fee will be charged if you deposit in a different currency than the base currency of the target trading account. It's likely not a big deal but something you should be aware of.

Some online brokers offer trading accounts only in the major currencies (i.E. USD, GBP, EUR and sometimes JPY) and some support a lot more than that.

Forex.Com trading account currencies vs. Similar brokers

forex.Com	oanda	IG
number of base currencies	6	9	6

Forex.Com supports the major currencies like USD, GBP and EUR, but does not support minor currencies. If you would deposit in a major currency anyway, then the online broker won't have to convert it. However, if you use a minor currency that is not supported, forex.Com will convert your deposits and you will be charged a currency conversion fee.

A convenient way to save on the currency conversion fee if you wish to fund your brokerage account from a less common currency (or just a currency different from your existing bank account) can be to open a multi-currency digital bank account. At revolut or transferwise the account opening only takes a few minutes after which you can upload your existing currency into your new account, exchange it in-app at great rates, then deposit it into your brokerage account for free or cheap.

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Forex.Com minimum deposit
steps of sending the minimum deposit

The specific process of sending your minimum deposit to forex.Com might vary slightly from the following, but generally the process involves the following steps:

Step 1: open your broker account

At most brokers, you can open your trading account online. To open an account, you have to provide your personal details, like your date of birth or employment status, and there is also usually a test about your financial knowledge. The last step of the account opening is the verification of your identity and residency. For this verification you usually have to upload a copy of your ID card and a document that validates your proof of residence, for example, a bank statement.

If you don't know which broker is suitable for you, use our broker selector tool.

Step 2: make the deposit

First you have to sign in to your already opened trading account and find the depositing interface. After this, you select one of the deposit methods the broker supports, enter the deposit amount and make the deposit.

The deposit methods can be one or more of the following:

Bank transfer (sometimes called wire transfer): you have to add your bank account number in the deposit interface. The bank account has to be in your name. After this, you need to start a bank transfer from your bank. The broker will give you a reference number that you'll have to enter as a comment in your transaction. This will allow them to identify your deposit.

Credit or debit cards: just as with a normal online purchase, you are required to enter the regular card details. However, unlike any other online purchase, it's required to use a card that's in your name. In some cases, like with IC markets, you'll also need to verify your card by scanning it and sending it to the broker. This is yet another anti-money laundering measure on their end. Card payment is usually the preferred and most convenient way of depositing. On the other hand, some brokers define a cap for card deposits, so for a larger amount you might have to use the bank transfer.

Online wallets like paypal, skrill, neteller, etc.: it works just like any other online purchase. The interface of the wallet will pop up where you'll have to enter your credentials (username and password) and carry out your transaction.

Step 3: review your transaction

Depending on the method you chose, it might take a couple of days for your deposit to show up on your brokerage account. When it happens, the brokers usually send you an email to confirm the receipt of the deposit.

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79% of retail CFD accounts lose money

XM deposit and withdrawal methods in 2021

In our xm.Com broker review, we described the basic features and offers of this famous forex broker. In this article, we will analyze only deposit and withdrawal options.
XM is one of the leading foreign exchange (forex) brokers globally, and millions of traders worldwide are using XM for forex trading. Many of these forex traders are investing large amounts of money for forex trading. They would like to find out the XM deposit and withdrawal methods to make a decision accordingly. One of the factors affecting the choice of the deposit or withdrawal method is the country in which the trader is residing. Some payment/withdrawal methods are popular in each country due to several factors, and the trader will usually use that method since the fees will be less. Unless specified, the currencies for the deposit and withdrawal methods are USD, EUR, GBP, CHF, HUF, PLN, AUD.

XM deposit and withdrawal methods are online payment methods that XM forex broker allows for traders. XM.Com deposit and withdrawal methods are credit card, debit card, neteller, skrill, unionpay, bank wire. XM withdrawal options for partners are skrill, neteller, and bank wire.

XM offers payment options for traders, such as:

VISA

VISA electron

Mastercard

Maestro

Diners club international

Unionpay

XM card

Skrill

Neteller

Web money

Bank wire

The minimum deposit for an XM account is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, $10 000 for SHARES accounts.XM minimum withdrawal value is $5 for MICRO and STANDARD forex trading accounts, $50 for ULTRA LOW trading accounts, while for SHARES accounts is $10 000. The minimum deposit value for the XM account and minimum withdrawal for the XM account is related to the type of order and not the payment method. Skrill withdrawal option is one of the most used payment methods, and the minimum deposit for skrill (withdrawal too) is based on account types.

XM deposit methods

How to deposit the XM account? There are several XM deposit options:

XM credit/debit card

XM accepts deposits using credit and debit cards from visa, visa electron, mastercard, maestro. The minimum deposit amount is $5, and the amount is immediately credited to the user’s forex account. There are no fees for using this deposit method. Since most people have a debit or credit card, this deposit method is widely preferred. However, most credit and debit cards have a limit, so the amount which can be deposited is also limited.

XM electronic payment

All the electronic payment methods have no fees and a minimum deposit of $5. Neteller, skrill, and unionpay are some of the electronic payment methods. For neteller and skrill, the amount is credited to the forex account immediately, while for union pay, the deposit will be processed within 24 hours. Cash only accepts USD deposits and przelewy24 accepts PLN deposits, and the amount is instantly credited to the forex account. For bitcoin, deposits in only three currencies, USD, EUR, JPY, are accepted, and it may take up to one hour for the payment to get processed.

XM banking

For sofort banking, deposits are only accepted in eur & GBP. Though the minimum amount is $5, and there are no fees, the deposit processing time will vary depending on the country. For conventional bank transfer of deposit amount in the forex account, at least two hundred USD or equivalent will have to be deposited in the forex account at a time. The fees depend on the bank, which is used. The amount deposited in the bank account will be credited to the forex account within two to five business days.

XM withdrawal review

If a user wishes to withdraw his money from the XM account, they will have to provide the know your customer (KYC) documents, which are specified. These documents are necessary to prevent money laundering according to the various regulatory bodies’ requirements in different countries. XM has an online and offline form where the customer’s personal information and background details have to be provided. This information will help XM in providing better service to their customers.

Compared to deposits, there are fewer withdrawal methods, which are discussed below. Unless specified, the XM user will have to withdraw at least five USD at a time, and there are no fees for withdrawal. The processing time for the withdrawal request is usually 24 hours on working days if the customer has completed the KYC requirements and submitted the documents required. These documents are the identity proof and proof of address of the trader. However, the amount will be credited to the linked bank account, usually only after three to five business working days.

XM credit cards and electronic payment

Visa, visa electron credit and debit cards, maestro and mastercard credit cards can be used for withdrawing funds. Unionpay is another option for fund withdrawal. Similarly, skrill ( earlier called moneybookers) and neteller are electronic payment methods used for fund withdrawal. Bitcoin can also be used for withdrawing the money in the XM account, though funds can only be withdrawn in USD, EUR, and JPY. Usually, credit/debit card withdrawals are given top priority by XM, followed by bitcoin withdrawals and neteller/skrill (e-wallet) withdrawals.

XM bank wire transfer

Many of the forex traders are trading in large amounts, and they prefer to make bank wire transfers to withdraw their profit.

The smallest amount permitted for making a withdrawal to a bank account is two hundred dollars. The withdrawal fees will vary based on the bank selected by the trader. The amount is usually credited to the bank account two to five business days after the withdrawal request is made. XM may process the bank withdrawal requests more slowly. The longest period of XM bank wire transfer withdrawal was 5 days in my last 8 years.

XM fund safety

To keep their clients’ funds, the forex traders safe, XM takes all measures to prevent unauthorized access to their information systems. All the funds of their clients are segregated and kept with the most reputed banks worldwide. Additionally, XM is also offering negative balance protection to their clients. XM has a risk management system implemented, which will ensure that the trader’s loss will be limited to the amount deposited with XM only.

Forex trading without any deposit

Many people are interested in forex trading yet do not have the money to take the risk. However, it is still possible to get some experience in forex trading without making a deposit.

XM no deposit bonus

To encourage people who are curious about forex trading, XM offers a $30 no deposit bonus to all those who create a new account with XM. This allows the new trader to take the risk of trading without risking his own money. The amount is directly credited to the live trading account and helps the trader understand market conditions.

XM demo account

XM also allows new traders to create a demo or virtual account to trade in forex with virtual money. The trader will be given $50,000 in virtual money for each account created, which he can use to trade, become familiar with the features, and test strategies. A trader can create any number of demo accounts to practice trading. If the demo account is inactive for a long period, it will be deleted immediately.

Latest forex no deposit bonus list 2021

The no deposit bonus is a free tradable bonus gifted broker for new clients. You can take the bonus without any deposit.

The free bonus is not allowed in the EU and US residents but it’s very popular in some countries.

Newbie traders like to grab the free bonus because it is one of the free powerful leverage for them.

Hey! Want to start forex trading? You can fire right now with the forex no deposit bonus.

The ultimate guide about the no deposit bonus

Not all brokers but most of them offer the free bonus. It is a welcome bonus. Upon joining with a broker, the broker provides a free bonus.

While you think to consider for a no deposit bonus, don’t miss to check our best broker no deposit bonus!

No deposit bonus without verification

While you will register to create an account, you have to give you full name, email, phone number (often), the birth of date, country, and other some filed if need.

Usually, most of the forex brokers ask to verify your identity, at least phone number, or email based on their requirements.

But, sometimes a few brokers offer to start trading without verification of any information.

Why a no deposit bonus?

A freeway! Who doesn’t love to take free money? Actually, the forex broker offers a free bonus to learn forex trading, without any risk. After gaining some profit you will get big confidence to invest in it and make some bigger.

What about your profits?

The bonuses are good to make your profit, depends on you! Most of the bonuses offered to withdraw the gain profit and also you should continue to live trading with the profit.

Here is a big list of bonuses, we collect for you, and you can choose and fire now.

Best forex brokers with low/no minimum deposit for 2021

Top rated:

If you are thinking of getting involved in the forex trading market and you are looking for the top forex brokers, or maybe you are already dealing with an FX broker, one of the most important things you may be thinking about is the minimum deposit.

In the forex market, there are often a few trading conditions that you will have to abide by, which sometimes means a minimum deposit to get into forex trading. With these brokers though, that is not the case.

The reviews we have conducted for this top 10 show that they do not have any minimum deposit requirement, although in some cases you will find a forex broker minimum deposit based on funding amount.

The following top 10 brokers are great for all traders, but particularly for new traders seeking an excellent low deposit start in currency trading, particularly with the credit/debit card deposits that are often cheaply available.

Why a minimum or 0$ deposit is not the only thing to consider

Conducting an in-depth technical analysis in search of a broker with no minimum deposit or a low one is not all you should think about though.

You should also consider the fact that you will likely be trading with some kind of leverage. This and other factors can really help determine the best broker choice for your forex trading future.

In fact, the best situation for you is one where you have a minimum deposit broker that also allows you to trade with minimum trade size. This is something we will get into more at the end of the post.

For now, let’s take a look at the very best forex brokers with low or no minimum deposit.

Best forex brokers with low or no minimum deposits

In no particular order, here is the best low or no minimum deposits brokers chosen after thorough broker reviews on each:

1. Oanda

Trading with oanda broker, the first thing you will be glad to notice is that there is no minimum deposit at all.

The broker also has no minimum trade size. In the forex market and for your trading career, this can mean great flexibility as you can trade as low as 1 unit in your base currency without worrying about lot-size trading.

Deposits for trading with the oanda broker and trading platform can be made in the form of wire transfers, all major credit cards (visa/mastercard), ewallets such as paypal and some other oanda deposit methods may be available depending on your area. Almost all of these come with no real money fee attached at all.

Oanda can also be connected with zulutrade to open many copy trading opportunities and is widely considered to be a very trustworthy option particularly if you are based in europe and want to get started in forex trading with a small amount of money.

2. FBS

Getting into the forex market with FBS is one of the best value ways you can become a trader. This is because you can start a mini account with FBS that only requires $10 from within europe, or $1 from outside as the minimum deposit. This is the FBS cent account. A micro account with a $5 minimum deposit is also available but not within europe.

These kinds of currency trading account types allow you to trade in micro lost of 1,000 units and to trade as low as 10 units or 0.1 nano lots. Compared to the standard forex market trading lot size, this would be 0.0001 standard lots. So, as you can see, real money is still at risk, but in a very controlled way.

Again here, the wire transfer, visa/mastercard, and ewallets like neteller and skrill are all available for deposit with on fee in the majority of cases.

The FBS accounts are also a great choice for non-europeans with super high leverage available, and islamic accounts too.

Of the 5 XM accounts that are offered, two, in particular, have a very low and attractive minimum deposit if you are getting involved in the forex market. These are the micro and standard accounts both with a minimum deposit of just $5.

As with other brokers, the micro account will make it less risky in terms of your real money trading. Here you can benefit from micro lots down to 0.1 nano lots to help you get a taste of the forex market.

When it comes to XM deposit methods, you can choose between the ever-present wire transfer, all major credit cards from either visa or mastercard and some ewallet and local specific methods. All of these methods, for the most part, are free of any XM fee.

Islamic trading accounts are also widely available from the broker as well as the XM ultra low account, which allows you to trade with either micro or standard lots, lower spreads starting from 0.6 pips and it has minimum initial deposit of $50

4. FXTM

FXTM is another major force in the forex trading industry and an excellent place to get started if you are looking for a low minimum deposit broker. Our FXTM broker review showed that you can start micro trading here with the cent account for as little as a $10 deposit.

Again these accounts allow for mini trading with micro lots of 1,000 units and nano lots of just 10 units making trading here very accessible indeed.

Deposits are made available through all of the popular channels including wire transfers, major credit and debit cards from visa, mastercard, and maestro, and ewallets like neteller and skrill. Other localized funding methods may be available depending on location, and all FXTM deposits should be free of any fees.

FXTM islamic accounts are again available where needed and the broker caters particularly well to traders in african countries like nigeria who want to get into the forex market. Crypto deposits are also accepted if you are based outside the remit of european regulations.

5. Roboforex

If you are looking to jump into forex trading with a wide range of account choices, then roboforex may be just the place for you. There are a total of 6 account types to choose from, 3 of these account types have a great low minimum deposit of just $10. These forex trading accounts are the pro standard, ECN pro, and pro cent which allows for micro trading from micro lots of 1,000 units to nano lots of 100 units through the MT4 trading platform and the MT5 trading platform through which you can trade as low as 0.1 nano lots.

For deposits with this broker you can avail of wire transfers, major credit cards, and ewallet options like neteller, webmoney, advcash, and perfectmoney. There may be other funding methods available depending on your area, and most of the deposit methods mentioned carry no fee at all from the broker.

Yet again, if you are in forex trading and need an islamic account, this broker has you covered and is a really good choice if you are looking for standard forex trading accounts with a low minimum deposit.

6. Instaforex

Considering forex brokers with a low or no minimum deposit, then instaforex is another option. They offer two types of micro trading cent accounts with a minimum deposit of just $1 on each. These allow you to engage in mini trading for as little as 0.0001 standard lots, a real risk-free way to engage in the forex market.

Spreads on these accounts start from just 1 pip and the cent eurica account offers a zero spread option with commission from 0.03% in its place which could be an attractive proposition depending on your forex trading style.

Deposits at instaforex can be made by way of wire transfer, major credit cards, and ewallets such as neteller and skrill. In many cases, there are no fees at all to get started trading or make a deposit.

As with the majority of top brokers today, islamic trading is well catered for with this broker.

7. Alpari

The next broker with a very low minimum deposit for forex trading that you should consider is alpari. This broker offers micro trading accounts with the low minimum deposit of $5 to get started. With these accounts as with other cent type mini trading accounts, you can expect both micro and nano lots of 1000, and 10 units to be available.

Deposits to fund your real money forex trading here can be made with a wire transfer, trusted credit cards from either visa, mastercard, or maestro, and ewallet options from neteller and skrill respectively. There are typically no deposit fees with this broker.

Alpari has extensive experience in the forex trading industry, offering the best in trading platforms and islamic accounts for those who require them.

Why is lot size important with low deposits?

You may be wondering why the lot size has been mentioned frequently and why this may impact you as a trader.

The fact is that if you are a european based forex trader, it has become very difficult to have a low minimum deposit and be able to trade significant amounts within the standard trading accounts that this opens up. This is all due to the 30:1 leverage limitation placed by regulators in europe. For example, in order to invest 1$ in a micro lot (1000 units), you would need minimum leverage of 1000:1.

So, if you don’t have leverage, the only solution is to have the smallest trading sizes available.

Some brokers will allow you to open positions for 0.1 nano lots (basically 1/100 of a micro lot), which translates in minimum leverage terms to 10:1.

The only solution that you have available for really low deposit trading if nano lots are not available is unfortunately just to step up your deposit a little more. In these cases as a forex trader, $50 is typically sufficient although it depends on the asset.

With all of that said, given the number of broker options available, it is still very much possible for european traders, even those constrained by strict 30:1 leverage to experience very low deposit trading in the forex market and others.

Brokers with low or 0$ minimum deposit good for non EU users

The following brokers still have very low, or even no minimum deposit requirements to enter the forex market as the brokers above also have. The only difference here is that with these brokers, micro trading through cent accounts is not necessary.

In this case, the best thing you can do is use these brokers to avail of higher leverage availability if you are located outside of an area like cysec regulation where leverage is limited.

Forex $123 no deposit bonus – vistaforex

Vistaforex NO DEPOSIT forex bonus of $123 USD for the new traders after completing the registration procedure. The bonus credited to the client’s account automatically and available for live trading on forex currencies, metals, and energies. Profits made using bonus are withdraw-able when traded the required no. Of trading lots within 23 active days.

$123 USD NO DEPOSIT BONUS

Joining link: PROMOTION

Ending date: november 30, 2020

Offer is applicable: all new clients

How to apply:

Verify account information

Get a bonus of USD 123

Withdrawal: only profits are withdrawable as below

Trade 23 lots traded in the period of 23 active trading days

The maximum withdrawal limit is $369

The order volume is 0.2 lot

The maximum number of positions opened at the same time is 5

Terms & conditions – vistaforex NO deposit bonus

General terms and conditions apply

The offer is only for the new clients of the company.

This offer may be terminated anytime without such notice.

Trade with the no. 1 broker in the US for forex trading*

Why are traders choosing FOREX.Com?

No. 1 FX broker in the US*

We have served US traders for over 18 years.

Trade 80+ FX pairs, and gold & silver

Global opportunities 24/5 with flexible trade sizes.

EUR/USD as low as 0.2

Trade your way with flexible pricing options including spread only, spread + fixed commission, or STP pro.

*based on client assets per the 2019 monthly retail forex obligation reports published by the CFTC

Financial strength you can depend on

Your FOREX.Com account gives you access to our full suite of downloadable, web, and mobile apps.

Get 20 free, easy to install eas and custom indicators when you open a metatrader live or demo account.

* based on active metatrader servers per broker, apr 2019.

Reward yourself with our active trader program

Save up to 18% with cash rebates as high as $9 per million traded

Interest paid up to 1.5% on your average daily available margin balance

Get guidance and priority support from your dedicated market strategist

No bank fees for wires

Access to exclusive events and product previews

Open an account in as little as 5 minutes

Tell us about yourself

Fund your account

Start trading

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The art of analysis from claws&horns

Experienced experts at claws&horns master the art of analysis as no one else. All sorts of analysis, latest forecasts, unique reviews, expert opinions and many other analytical materials that are indispensable to trading success are now freely available to liteforex's clients.

The material published on this page is produced by the claws&horns company jointly with liteforex and should not be considered as the provision of investment advice for the purposes of directive 2004/39/EC; furthermore it has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of the dissemination of investment research.

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Risk warning: trading on financial markets carries risks. Contracts for difference (‘cfds’) are complex financial products that are traded on margin. Trading cfds carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, cfds may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and taking into account your investment objectives and level of experience. Click here for our full risk disclosure.

The website is owned by liteforex group of companies.

Liteforex investments limited registered in the marshall islands (registration number 63888) and regulated in accordance with marshall islands business corporation act. The company’s address: ajeltake road, ajeltake island, majuro, marshall islands MH96960. Email:

Liteforex investments limited does not provide service to residents of the EEA countries, USA, israel, and japan.

Popular faqs

How do I open an account with FOREX.Com?

You can apply for an account with FOREX.Com online. Start your application now.

I forgot my username or password. How do I retrieve them?

If you forgot your username, please contact us for assistance. If you forgot your password, please click here and fill in your username and email. You’ll then receive an email with a link to reset your password.

What information do I need when opening an account?

We will need you to provide us with your name, address and tax ID number to establish your identity. Typically, we can verify your identity instantly. For more information, see our account documents faqs .

How much money do I need to open an account?

The minimum initial deposit required is at least 100 of your selected base currency. However, we recommend you deposit at least 2,500 to allow you more flexibility and better risk management when trading your account.

How can I fund my account?

You can securely fund your account by logging in to myaccount and visiting the funding page. Forex.Com cannot accept deposits from third parties. Please note that you may experience longer processing times if the name on the originating account does not match your FOREX.Com account.

There are three easy ways to fund your account:

Bank transfer (ACH) – recommended

You can transfer a maximum of $10,000 or currency equivalent per transaction and funds will typically be available immediately for trading. The minimum transaction for bank transfers is $100 per transaction. We accept USD, no fee for bank transfers.

Wire transfer

There is no minimum or maximum deposit amount for wire transfers. Wire transfers may take up to 1-2 business days for domestic wires and 2-5 days for international wires before they are available for trading. We accept USD, EUR, CAD, JPY, CHF, AUD and GBP. FOREX.Com does not charge fees for income wires. However, your bank may charge a service fee. Wire transfers that involve a bank outside of the US may require an intermediary US bank. US intermediary banks may charge a transaction fee.

Debit card

Debit cards must be verified before use. You can deposit a maximum of $10,000 (or currency equivalent) per transaction and funds will typically be available immediately for trading. The minimum transaction for bank transfers is $100 per transaction. We accept visa and mastercard in USD, GBP and EUR. However, please be aware that all debit card transactions are automatically converted to USD. FOREX.Com does not charge fees for incoming card deposits. If you deposit funds from abroad, you may be charged a cross-border fee or currency conversion fee by your issuing bank.

Personal or business check

Currently, we are not accepting personal or business checks.

How will my withdrawal be processed?

Deposited funds must be returned to the originating source. If you have deposited funds using multiple methods, you must exhaust the total deposit amounts based in the following order:

Bank transfer

Debit card

Wire

Excess funds may be withdrawn via bank transfer or wire. In the event you add a new bank account to withdraw excess funds, FOREX.Com will require evidence of the account by uploading a bank statement.

Can I renew my demo account?

Demo accounts last for 30 days after sign up. Afterward, you will not be able to log in using the demo account credentials. Demo renewals are not available at this time. If you have further questions, pleasecontact us.

How do I download FOREX.Com's desktop platform?

Click here to download the advanced FOREX.Com desktop application.

How do I download metatrader 4?

Click here to download the FOREX.Com metatrader 4 platform.

Please remove any previous versions of the metatrader software from your PC prior to installation in order to ensure proper function of the platform.

How can I access my monthly/annual statement?

You may access your account statements securely via the trading platform. Simply login to webtrader and select the icon in the top right corner of your screen and then select "statements and contracts".

An annual statement can be accessed by selecting december, search and then downloading the statement dated "31/12"

Metatraders: you may access statements and annual report by logging onto the platform and selecting account history in the terminal window, select custom period and generating the report.

So, let's see, what we have: A foreign currency fixed deposit (FCFD) is a fixed investment instrument in which a sum of money with a fixed term and interest rate is deposited in a bank. At forex deposits