Coinbase Vs. Forex.com - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit Investing in cryptocurrencies involves risk.	Visit 67.6% of retail CFD accounts lose money.
Overview
Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.	Forex.com is a global broker headquartered in the U.S and part of StoneX (publicly traded company on NASDAQ) that specialises in offering CFDs based on commodities, currencies, indices, stocks, ETFs, shares, bonds and cryptocurrencies.
Best For
Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.	Traders of all levels (beginner to advanced) looking for competitive pricing Trades of all levels looking for a great platform variety High volume traders looking for ECN or DMA accounts offering deep liquidity for large trades
Licenses
Financial Licenses Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 4 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
None	FINRA (United States) FCA (UK) FFAJ (Japan) IIROC (Canada) CySec (Cyprus) CIMA (Cayman Islands)
The Good
Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies	Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5) Excellent asset offering (more than 5,000+ instruments) Competitive spreads in some of their assets
The Bad
Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges	Despite presenting a great customisable platform, it still feels messy and not intuitive to use Commissions are expensive when compared to similar competitors
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2012	2001
💳 Minimum Deposit Range
0	$100
💰 Payment Methods
Visa Mastercard Bank Transfers Paypal	Visa Mastercard Skrill Neteller Bank Transfer
💵 Account Base Currencies
All supported cryptocurrencies.	6 - GBP, USD, EUR, AUD, JPY, CHF.
🗽 Available to U.S Citizens
Yes	Yes
❌ Restricted Countries
None	None
📊 STP Account
No	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
Yes	No
Assets
📚 Assets Type
Equities	CFDs
Total Asset Offering
110	5,371
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
0	4,500
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
0	93
📗 Commodities
0	0
📗 Commodities CFDs
0	35
📕 Indices
0	0
📕 Indices CFDs
0	24
📔 ETFs
0	0
📔 ETFs CFDs
0	700
💸 Cryptocurrencies
110	0
💸 Cryptocurrency CFDs
0	5
📒 Bonds
0	0
📒 Bonds CFDs
0	14
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	Varies per share (eg: 0.3 AMZN shares)
📉 Minimum ETFs Trade Size
Unavailable	Varies per ETF (eg: 5 contracts of XLK)
📈 Minimum Crypto Trade Size
$2	Varies per Cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
Unavailable	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable	Varies per commodity (eg: 1 contract of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
Unavailable	30
💪 Professional Leverage
Unavailable	500
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
No	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	$15 monthly after 1 year of inactivity.
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
From 0.50% up to 2.0% of transaction value.	Depending on account type. Standard account has no commissions “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn
Spreads
📈 EUR/USD
Unavailable	Dynamic - From 0.8 Pips
📉 SP500
Unavailable	Dynamic - From 60 Pips
📈 GOLD
Unavailable	Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Unavailable	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Dynamic - Market Spread
📉 BTC
Dynamic - From 0.50% up to 2.0%	Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
Yes	Yes
📡 Account Management
No	No
📡 Webinars
No	No