Forex.com Review 2026
The full Forex.com write-up for United Kingdom traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in United Kingdom
| Regulator | FCA FCA, Financial Conduct Authority (FCA) |
| Licence Number | 190864 |
| Regulated Entity | GAIN Capital UK Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 1.2 pips |
| Instruments | 500+ |
| Platforms | FOREX.com Platform, MT4, MT5, TradingView |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | Inactivity fee: USD15/month after 12 months |
| Verify on FCA register → | 190864 |
Verdict
Cooks under FCA (licence 190864). Cover charge $100. In United Kingdom, forex leverage is capped at 1:30.
About Forex.com
Forex.com opened its doors in 2001 out of a kitchen in Bedminster, NJ, USA. Its menu runs to 500 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by GAIN Capital UK Ltd under FCA.
In United Kingdom, Forex.com serves as GAIN Capital UK Ltd, cleared by FCA under licence number 190864. Under FCA house rules, United Kingdom traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- FCA regulated, licence 190864
- 500+ instruments to trade
- Negative balance protection in United Kingdom
- Platforms: FOREX.com Platform, MT4, MT5, TradingView
- Founded in 2001 (25 years operating)
- Licences in 4 jurisdictions
Cons
- Inactivity fee: USD15/month after 12 months
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Forex.com regulated?
Yes. Forex.com is authorised by FCA, issued to the entity GAIN Capital UK Ltd, an authorisation you can look up for yourself on the official FCA public register.
What is the minimum deposit for Forex.com in United Kingdom?
The cover charge is $100, the smallest amount United Kingdom traders need to open a live account with Forex.com under FCA rules.
What leverage does Forex.com offer in United Kingdom?
In United Kingdom, FCA rules cap Forex.com at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Forex.com safe to trade with?
The kitchen passes inspection: Forex.com cooks under FCA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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