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 |
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
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 $100.
- 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 |
$100 |
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.
