Best Forex.com Alternatives

logomark Luca Puddu calendar Last Updated: November 2021 timer 3 min read
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Forex.com is a common name in the Forex trading community. Although Forex.com has been in the game for years, you can consider some Forex.com alternatives for a change. Our Forex.com review provides helpful pieces of information about these alternatives.

Here are some reasons why we chose the brokers as alternatives to Forex.com:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Forex.com alternatives Alternative for Minimum Deposit
Pepperstone Low spread, Scalping $0
Oanda Lowest trade size, No minimum deposit $0
FXCM Fast order execution, Spread betting $50
eToro Social-Copy trading, Unlimited demo account $200
Plus500 Total number of assets, Unlimited demo account $100
AvaTrade Fixed spreads, Spread Betting account $100
FxPro Instant execution, Large volume traders $100
XTB Total number of assets, Unlimited demo account $0
FXTM Copy trading, Low spreads, Real Stocks $10
CMC Markets Low spread, Total number of assets $0
Table of contents

Forex.com Low Spread Alternatives

Forex.com offers low spread, that’s one of the major reasons behind its popularity. The Top 10 Lowest Spread Forex Brokers provides some alternatives for low spread trading. In the table below are some of the reasons why we chose these Forex.com low spread alternatives:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Avg Spread EUR/USD
Pepperstone $0 0.13 pips
FXCM $50 ($300 for UK and EU traders) 0.2 pips
FxPro $100 0.31 pips
FXTM $10 0.1 pips

Forex.com Copy Trading Alternatives

 If you are considering Forex.com copy trading alternatives, you have tons of options to choose from. We offer a list of the best alternatives in our article Top 10 Copy Trading Best Platforms.

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Copy Trading Platform
Pepperstone $0 DupliTrade, Myfxbook, ZuluTrade
eToro $200 Webtrader
AvaTrade $100 DupliTrade, ZuluTrade
FXTM $100 Webtrader

Forex.com Algo-Trading Alternative

Thanks to its algorithmic trading, Forex.com supports auto-trading, making it possible for traders who have little or no time to spare to trade with ease.

Find some of the best automated trading platforms from our article: top 10 automated trading forex brokers

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Broker Minimum Deposit Platforms
Pepperstone $0 MT4, MT5, cTrader
Oanda $0 MT4
AvaTrade $100 MT4
XTB $0 MT4, xStation
FXTM $10 MT4, MT5

Choosing a Forex.com Alternatives: Main Perks and Characteristics

Because of the several forex trading platforms to choose from, understanding the qualities expected of a great trading platform will help you with your decision-making process.

Before you choose a trading platform for Forex, ensure that the platform possesses these attributes:

  • It must accept US clients in conformity with CFTC and NFA’s regulations.
  • It must be an STP Market Maker broker.
  • The trading platform must support algo-trading.
  • A good range of assets must be available for trading.
  • A low minimum deposit of $50.
  • It must support a minimum of 80 forex pairs.
  • The platform must support Hedging, Scalping, and VPS. APIs must also be available.
  • Its fixed and floating spreads must start from 0.2 pips.

Take a look at our Forex.com review for a comprehensive review of the Forex.com trading platform.

What is Forex.com Missing?

Do you want a glimpse into the best brokers in the world? Our Top 10 Best Forex Brokers provides you with every piece of information you need about them.

These are some Forex.com attributes:

Forex.com Alternatives Comparison

You may wish to compare all Forex.com alternatives and have the information you need to choose a trading platform, here is a tabular representation of the comparison between these several options:

WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs.
You should consider whether you can afford to take the high risk of losing your money

Feature Min. Deposit Proprietary Platform Fixed Spread Execution Real assets
Forex.com $50 Yes Yes STP/Market Maker No
Pepperstone $0 No No STP/ECN No
Oanda $0 Yes No Market Maker No
FXCM $50 Yes No STP No
eToro $200 Yes No STP Yes
Plus500 $100 Yes No Market Maker No
AvaTrade $100 Yes Yes Market Maker No
FxPro $100 Yes Yes NDD with Agency model No
XTB $0 Yes No DMA No
FXTM $10 Yes No Markets execution on ECN, Instant execution on non-ECN accounts Yes
CMC Markets $0 Yes No DMA Yes (Australia only)

Forex.com Alternatives FAQ

There are many Forex.com alternatives as you can see from this article and other reviews. Traders have asked questions about these alternatives to help them understand the available options better.

What is Forex.com’s Best Alternative?

Although Forex.com has several alternatives, the best alternative depends on the Forex asset you want to trade.

For instance, Pepperstone is the best alternative to the trading platform. Pepperstone and FXTM are the best for low spread starting from 0 pips. Pepperston is also the best for Algo-trading. On the other hand, for copy trading, eToro offers the best alternative.


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73% of retail investor accounts lose money

About the Author

Luca Puddu

Broker Expert

Always full of different interests, Luca started to get interested in the field of personal finance in 2014.

His self-taught studies led him year by year to become increasingly interested in the investment field.

To date, Luca actively invests in the stock market and cryptocurrencies, focusing on rising markets and the industries of the future.

His main role at InvestinGoal.com is to analyze and study in the smallest detail the brokers and their platforms, while checking carefully that the information shown by them is genuine.

In this way, he provides readers with a complete and truthful overview of the broker they might be interested in.


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Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
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