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FOREX.com

Note: The following information has not been updated by the vendor since 01/26/10.

Address:Bedminster One, Route 202/206
Bedminster, NJ 07921
Phone # for sales: 1 877 FOREXGO 367 3946
Fax: 908 731 0788
Website: www.FOREX.com
Click link to request additional product information.
E-mail address: sales@forex.com

CATEGORY: BROKERAGES

General Information | Account Information | Features | Additional Comments

General Information TOP

Brokerage name: FOREX.com
Minimum account size: < $1000
Base commission rates: < $4
Brief explanation of margin rates, if applicable: 

FOREX.com is compensated for its services through the bid/ask spread.
This brokerage has been in business for: 5-10 years
Primary type of broker: Forex
Brief description of services offered: 

Trading 24 hours a day from Sunday 5pm ET - Friday 4:30pm ET. Commission-free trading (bid/ask spreads apply). Web-based trading platform requires no download or installation. No debit balance guarantee. Free access to charting, news, and research. 24-hour customer support via phone, email and chat during trading hours. Wireless trading available. Dollar, Euro and Yen deposits accepted.

Account Information TOP

Types of trading accounts offered: 
  • Full Service
  • On-Line Full Service
  • On-Line Discount Broker
Customers online account information is updated: Up to the minute
Types of trades offerered: 
  • Cash markets
  • Forex
Other trade types: all major currencies
Types of quotes offered to customers: 
  • Real-Time
Execution methods offered: 
  • Online Broker(trade desk)
  • Broker
Exchanges covered:  N/A
Setup or initial costs to set up an account: 0

Features TOP

Types of services offered to customers: 
  • Technical Analysis
  • Fundamental Analysis
  • Basic -charts & graphs
  • Advanced- charts & graphs (technical indicators, ability to change parameters, etc.)
  • Trading software- charts & graphs (create trading systems, scan and sort based on technical criteria)
  • Head line news
  • Unique proprietary stories and news coverage
  • Portfolio management
  • Wireless (quotes, alerts, execution, etc.)
  • Checking account, debit card, credit card
Ways customers can access their trading account: 
  • Internet
  • Telephone
Allow stop, limit, and stop limit orders? Yes
Charge extra for stop, limit, and stop limit orders: No
Offer 24 hour customer support: Yes
Offer tax planning advice: No

Additional Comments TOP

Special features included in the service are: 

Our FOREXTrader platforms combine ease of use, flexibility and a full suite of professional charting and order management tools, all on a single screen. Best of all, you can use the same User ID and Password to switch between platforms at will, putting you in total control of your trading experience. No debit balance guarantee. Free access to charting, news, and research. 24-hour customer support via phone, email and chat during trading hours. Wireless trading available. USD, EUR, CAD, YEN, CHF, AUD and GBP deposits are accepted. managers, including automated trade allocation, customized commission and fee pymts, end of month statements, customer reporting, etc.
This broker's service is better than the competition in these areas: 

From being the first firm to introduce innovative dealing practices such as instantaneous execution from streaming quotes, to our commitment to fair and honest dealing practices and our cutting-edge proprietary trading technology, FOREX.com is firmly at the forefront of the industry. In addition, with over 100 years' combined experience in capital markets and proven track records as senior managers of large, global trading operations, our executive team is comprised of some of the most respected leaders in the industry.
Types of security precautions taken for customers: 

Manage your FOREX.com trading account online with MyAccount. A secure, 128-bit SSL encrypted environment, MyAccount offers a fast and easy way to:
Communications during systems failures has been assured through: 

System back up and redundancy plans are in place, and phone trading is always available.
The major plans for upgrading the current level of trading service are as follows: 

Adding additional currency pairs, including crosses, as well as currency options.

General Information | Account Information | Features | Additional Comments

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