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Forex.com fees explained

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Adam N.
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Overview of Forex.com fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, Forex.com is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found Forex.com's trading fees fairly low
Adam
Adam Nasli
Financial Wizard | Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how Forex.com fared:

  • Forex.com charges low FX fees and average CFD fees.
  • There is an inactivity fee if you don't trade for an extended period of time.
  • The basic withdrawal fee is $0, but some transactions may cost more.
  • Read our full review of Forex.com for info on safety, trading platforms and funding.
Forex.com fees at a glance
Assets Fee level Fee terms
EURUSD Low The fees are built into the spread, 1.2 pips is the average spread cost during peak trading hours.
GBPUSD Low The fees are built into the spread, 1.5 pips is the average spread cost during peak trading hours.
S&P 500 CFD Average The fees are built into the spread, 0.6 points is the average spread cost during peak trading hours.
Inactivity fee Low $/€/AUD 15, £12 or JPY 1500 per month after one year of inactivity

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68% of retail CFD accounts lose money

Low FX fees

US and Canadian customers can choose raw account pricing, which costs $3.5 per lot per trade.

Forex.com forex fees
EURUSD spread
1.2 0.7 1.0
GBPUSD spread
1.5 1.0 1.5
AUDUSD spread
1.4 0.9 1.2
EURCHF spread
2.7 2.4 1.8
EURGBP spread
1.5 1.3 1.1
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Average CFD fees

Spread and commission for a $2,000 CFD trade
S&P 500 index CFD fee
$3.3 $3.4 $3.1
Euro Stoxx 50 index CFD fee
$3.3 $3.5 $2.9
Apple CFD fee
$23.1 $6.5 $3.3
Vodafone CFD fee
$29.1 -
$5.3
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Low inactivity fee, no withdrawal fee

It doesn't charge withdrawal or account fees, but you have to pay a $15 (or currency equivalent) monthly fee after one year of inactivity.
Here is what non-trading fees for non-US customers look like:

Broker
Inactivity fee
Withdrawal fee
Forex.com
$0
FXCM
$0
Oanda
$0
Forex.com inactivity, withdrawal and other fees
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Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

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