FOREX.com Demo Account, Spreads and Trading Fees Explained

What Account Types Does Forex.com Offer?

Forex.com provides traders with distinct account choices tailored to different trading styles and needs. A standout offering is the RAW Spread Account, designed for high-volume traders who prioritize low-cost execution. This account features spreads that can go as low as 0.0 pips on major currency pairs, complemented by a fixed commission. Additionally, the platform offers a standard account with competitive spreads and no commission. For those new to the markets or looking to test strategies, a free demo account is available, allowing for risk-free practice with virtual funds before committing real capital.

Account Options and Leverage Available at Forex.com

When choosing an account with Forex.com, traders can select a structure that best aligns with their approach. The RAW Spread Account is specifically engineered for precision and cost-efficiency on a per-trade basis, making it a compelling option for those who trade frequently. For traders who prefer a simpler, all-inclusive pricing model, the standard account provides transparent, spread-based costs. The platform does not explicitly state the maximum leverage for all accounts, but it is implied that different account types may have varying leverage limits based on regulatory jurisdiction and client classification.

Spreads, Commissions, and Trading Costs

Forex.com prides itself on offering competitive pricing models to suit various trading strategies. The RAW Spread account is designed to deliver institutional-grade pricing by providing spreads as low as 0.0 pips on major FX pairs. This is paired with a clear, fixed commission of $5 USD per $100k USD traded. This structure allows for highly granular cost control, as the spread and commission are unbundled. The platform also provides indicative pricing on its website, showing typical spreads on key currency pairs and other assets.

FAQs about Forex.com Account Types and Fees

Q: What is the difference between the RAW Spread Account and the Standard Account?

A: The primary difference lies in the pricing model. The RAW Spread Account offers a raw, tighter spread starting from 0.0 pips, and charges a fixed commission per trade. The Standard Account bundles the cost into a wider spread, meaning there is no separate commission charged on your trades. The choice depends on your trading style and preference for how costs are structured.

Q: Does Forex.com offer a demo account, and what features does it have?

A: Yes, Forex.com provides a free demo account. It allows new traders to practice without financial risk using virtual funds. The demo account gives you access to the platform's features, including TradingView charts, over 80 indicators, and Reuters news feeds, mirroring the live trading environment so you can test strategies and become familiar with the platform before committing to a live account.