Forex.com fees explained

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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 Nasli

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, 0.4 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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Low FX fees

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

Forex.com forex fees
	Forex.com Forex.com	FXCM FXCM	Oanda Oanda
EURUSD spread Usual spread in pips	1.2	0.7	1.0
GBPUSD spread	1.5	1.0	1.5
AUDUSD spread	1.2	0.9	1.2
EURCHF spread	1.9	2.4	1.8
EURGBP spread Usual spread in pips	1.2	1.3	1.1

Average CFD fees

Spread and commission for a $2,000 CFD trade
	Forex.com Forex.com	FXCM FXCM	Oanda Oanda
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$3.2	$3.4	$3.1
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$3.3	$3.5	$2.9
Apple CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$23.2	$6.5	$3.3
Vodafone CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$29.1	- Vodafone stock CFD is not available	$5.3

Stock index CFD fees are built into the spreads, while stock CFD fees are charged via commission.

Forex.com stock CFD fee
Market	Commission	Minimum fee
US stocks	$0.018 per share	$10
UK stocks	0.08% of the trade value	£10

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:

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

US and Canadian clients are charged a withdrawal fee if their withdrawal is under $10,000.

Forex.com withdrawal fees for US & Canada clients
	United States	Canada
International bank withdrawal	$40	$40
Domestic bank withdrawal	$25	$25
Bank card withdrawal	$0*	$0*

*There's a limit of $25,000 per withdrawal

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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.