Forex.com
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67.6% of retail CFD accounts lose money.

Vs.

ForexVox
Visit

61% of retail CFD accounts lose money.

Forex.com Vs. ForexVox - Compare and Choose the Right One

Updated Oct 20 2022

Visit

67.6% of retail CFD accounts lose money.

Visit

61% of retail CFD accounts lose money.

Overview

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.

ForexVox is a new trading name from Valutrades, a broker operating since 2012 that offers currencies, indices and commodities under FCA and FSAS regulation.

Best For
  • 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
  • Experienced traders that look for an ECN account offering with commissions
  • Currency traders
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

4

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FINRA (United States)
  • FCA (UK)
  • FFAJ (Japan)
  • IIROC (Canada)
  • CySec (Cyprus)
  • CIMA (Cayman Islands)
  • FCA (United Kingdom)
  • FSAS (Seychelles)
The Good
  • Great platform offering (Proprietary, TradingView, MetaTrader 4 & 5)
  • Excellent asset offering (more than 5,000+ instruments)
  • Competitive spreads in some of their assets
  • FCA Regulation and being a trading name of ValuTrades (founded in 2012)
  • Scalping is allowed
  • Ecn account offered
The Bad
  • Despite presenting a great customisable platform, it still feels messy and not intuitive to use
  • Commissions are expensive when compared to similar competitors 
  • Poor asset offering (less than 100 instruments)
  • Low platform offering (only MT4 and MT5 available)
  • Client area lacks usability
  • Average spreads are high
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 hour
📋 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
2001 2020
💳 Minimum Deposit Range
$100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Bank Transfer
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • UnionPay
  • USDT (Tether)
  • Bank Transfer
  • WebMoney
  • Yandex Money
💵 Account Base Currencies
6 - GBP, USD, EUR, AUD, JPY, CHF. 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries
None

US, CA, SY, IR.

📊 STP Account
Yes Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
5,371 104
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
4,500 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
93 74
📗 Commodities
0 0
📗 Commodities CFDs
35 3
📕 Indices
0 0
📕 Indices CFDs
24 15
📔 ETFs
0 0
📔 ETFs CFDs
700 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
5 5
📒 Bonds
0 0
📒 Bonds CFDs
14 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 7
Trading Experience
📈 Minimum Stock Trade Size
Varies per share (eg: 0.3 AMZN shares) Unavailable
📉 Minimum ETFs Trade Size
Varies per ETF (eg: 5 contracts of XLK) Unavailable
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.01 BTC) Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 contract of Gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable $1,000 (0.01 Lots)
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee

$15 monthly after 1 year of inactivity.

None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Depending on account type.

  • Standard account has no commissions
  • “Commission Account” and “DMA Account” have a flat $5 fee commission per lot round turn
  • No commissions on their standard account
  • A $7 per lot round turn commission on their ECN account
Spreads
📈 EUR/USD
Dynamic - From 0.8 Pips Dynamic - From 1 Pip
📉 SP500
Dynamic - From 60 Pips Dynamic - From 135 Pips
📈 GOLD
Dynamic - From 50 Pips Dynamic - From 16 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Unavailable
📈 XLK (ETF - CFD)
Dynamic - Market Spread Unavailable
📉 BTC
Dynamic - From $120 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes No
📜 Integrated Newsfeed
Yes Yes
📡 Reuters Feed
Yes No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes Yes
📡 Account Management
No No
📡 Webinars
No No