IFCCI
IPTI PLATFORM PROFILE

Forex.com

US-regulated forex broker by GAIN Capital

Forex.com logo
GAIN Capital Holdings, Inc.United StatesEst. 2001Forex & CFD
VerifiedReview CompleteActive
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Platform Overview

Forex.com is a US-headquartered forex and CFD broker operated by GAIN Capital, regulated by CFTC, NFA, FCA, CySEC, ASIC, IIROC, and MAS. Founded in 2001, it offers comprehensive forex trading solutions.

Company Information

Registered Company Name
GAIN Capital Holdings, Inc.
Brand Name
Forex.com
Headquarters
United States
Year Established
2001
Parent Company
StoneX Group Inc.
Publicly Listed
No
75% of retail CFD accounts lose money

Percentage of retail investor accounts that lose money when trading CFDs with this provider.

Transparency Signals

Confidence LevelHigh
Transparency & Disclosure
Moderate
Regulatory Intelligence
Moderate
Consumer Protection
Moderate
Reputation & Market
Moderate
Key Strength

Strong transparency across key operational dimensions

Key Concern

Complex multi-entity regulatory structure

Attention Indicators
  • Multi-entity corporate structure across multiple jurisdictions

Complex multi-entity corporate structure across multiple regulatory jurisdictions

Moderate2 pts

Trust Dimension Breakdown

Transparency & Disclosure
14.7/20Moderate Transparency Signals

Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.

Regulatory Intelligence
14.7/20Moderate Transparency Signals

Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.

Consumer Protection
14.0/20Moderate Transparency Signals

Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.

Reputation & Market
10.5/15Moderate Transparency Signals

Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.

Operational Reliability
12.8/15Exceptional Transparency Signals

Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.

Industry Integrity
5.0/10Developing Transparency Signals

Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.

Regulatory Intelligence

Brand Name

Forex.com
United States
Self-Declared

Legal Entities

GAIN Capital Holdings, Inc.
CFTC · United States
0339826
High Confidence
GAIN Capital Holdings, Inc.
NFA · United States
0339826
High Confidence
GAIN Capital Holdings, Inc.
FCA · United Kingdom
446717
High Confidence
GAIN Capital Holdings, Inc.
CySEC · Cyprus
287/15
High Confidence
GAIN Capital Holdings, Inc.
ASIC · Australia
345646
High Confidence
GAIN Capital Holdings, Inc.
IIROC · Canada
Member
High Confidence
GAIN Capital Holdings, Inc.
MAS · Singapore
CMS100456
High Confidence

Regulatory References

CFTCPrimary Registry
0339826
NFAPrimary Registry
0339826
FCAPrimary Registry
0339826
CySECPrimary Registry
0339826
ASICPrimary Registry
0339826
IIROCPrimary Registry
0339826
MASPrimary Registry
0339826

Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.

Regional Market Signals

🇲🇾
🇲🇾

Malaysia Market

ReputationGrowing
Complaint DensityLow
Local Office
Local Regulation
🌏
🌏

Asia Pacific

ReputationWell Established
Complaint DensityLow
Market Presence25 years
🌍
🌍

Global Market

ReputationWell Established
Complaint DensityLow
Market Presence25 years

Regulatory Licenses

Tier 1CFTC, NFA, FCA, CySEC, ASIC, IIROC, MAS

CFTC

Active
License Number
0339826
Jurisdiction
United States
License Type
RFED

NFA

Active
License Number
0339826
Jurisdiction
United States
License Type
NFA Member

FCA

Active
License Number
446717
Jurisdiction
United Kingdom
License Type
Full Licence

CySEC

Active
License Number
287/15
Jurisdiction
Cyprus
License Type
CIF

ASIC

Active
License Number
345646
Jurisdiction
Australia
License Type
AFSL

IIROC

Active
License Number
Member
Jurisdiction
Canada
License Type
IIROC Member

MAS

Active
License Number
CMS100456
Jurisdiction
Singapore
License Type
CMS Licence

Internal Transparency

Regulatory Transparency
Available1.00/1.0
Operational Transparency
Available1.00/1.0
Platform Reliability
Available1.00/1.0
Consumer Protection
Available1.00/1.0
Market Transparency
Available1.00/1.0
RegulatoryOperationalReliabilityConsumerMarket

Transparency profile visualization

Trading Conditions

Trading Platforms:Forex.com PlatformMT4MT5TradingView
InstrumentSpread
EUR/USD1.0 pips (Standard)
GBP/USD1.2 pips
USD/JPY1.0 pips
XAU/USD0.40 pips
Commission
Zero (Standard); $5/100k (Commission); $2/lot/side (STP Pro)
Inactivity Fee
None
Deposit Fees
Free
Withdrawal Fees
Free
Withdrawal Processing Time
1-2 business days

Technology Stack

Technology Stack

Platform Infrastructure

Technical

Server Locations
New YorkLondonSydneySingapore
Average Execution Speed
< 15ms
API Available
VPS Offered

Safety & Protection

Compensation Scheme
FSCS (UK), CIPF (Canada), SIPC (US)
Segregated Funds
Negative Balance Protection

Operational Details

Supported Languages
English, Chinese, Arabic
Support Channels
Live ChatEmailPhone
Payment Methods
Bank TransferCredit CardDebit Card
2/5 contribution areas active
Financial Education Programs
Research Collaboration
Industry Development Initiatives
ESG & Responsible Trading
Investor Awareness Programs

Community Snapshot

0
Total Reports
0
Verified
0
Under Review
0
Resolved
2
User-Submitted Feedback Score
1
Total Reviews

IFCCI Research Responses

Research Timeline

2026-02-20
Evidence Gap Note
Ahmad Faizal bin Razak|RU001

IFCCI has been unable to independently verify the claimed regulatory status of this platform's operating entity in the Marshall Islands. The platform's website references a registration number; however, no corresponding record could be located in the Marshall Islands Registrar of Corporations public database at the time of review. This does not confirm that the registration is invalid, as some offshore registries maintain limited public-access databases. IFCCI will attempt to verify through direct correspondence with the relevant authority.

Data as of:2026-02-06
Last Verified:2026-02-06

Submit a Complaint

Platform Comparison

 
Forex.com logo
Forex.com
IC Markets logo
IC Markets
Regulatory TierTier 1Tier 1
Transparency Signals9.5/109.5/10
Minimum Deposit$100$200
Maximum LeverageUp to 1:50 (US) / 1:200 (non-US)Up to 1:500
Spread TypeVariableRaw Spread / Standard
Execution ModelSTPECN
Year Established20012007
Trading Products68

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Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.

Legal Disclaimer

The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.