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Margin Requirements

N/A

Funding and Withdrawals

N/A

Pricing

We expect markets to remain volatile due to the ongoing global circumstances. There could be a heightened risk of price gapping, with the potential of spreads widening.

Markets and Trading

RUB is now on close only after it plunged to lowest since 2016 on Russia Ukraine conflict. Expect volatility across a number of other markets.

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MetaTrader mobile app


As of September 24, 2022, the MetaTrader mobile app is no longer available on the iOS App Store globally. If you currently have the application on your iOS device, please be careful not to delete it, or you may lose access. If you can’t access the iOS app, we recommend using Mobile Web terminals for your mobile trading.



Platform status
Computer monitor icon in blue
Computer monitor icon in blue
WebTrader: Fully operational
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Blue MetaTrader icon
MT4: Fully operational
Blue Apple store icon for Forex.com
Blue Apple store icon for Forex.com
iPhone app: Fully operational
Blue Google Playstore icon for Forex.com
Blue Google Playstore icon for Forex.com
Android app: Fully operational

Frequently asked questions

Where do I get my password?

If you forgot your username, please contact us for assistance. If you forgot your password you can reset your password online.

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What is the fastest way to fund my account?

You can securely fund your account by logging in to MyAccount and visiting the Funding page.

FOREX.com cannot accept deposits from third parties. Please note that you may experience longer processing times if the name on the originating account does not match your FOREX.com account.

There are four easy ways to fund your account:

Bank Transfer – Recommended

You can transfer a maximum of $10,000 or currency equivalent per transaction and funds will typically be available immediately for trading. The minimum transaction for bank transfers is $100 per transaction. We accept USD, no fee for bank transfers.

Debit Card

You can deposit a maximum of $10,000 (or currency equivalent) per transaction and funds will typically be available immediately for trading. The minimum transaction for bank transfers is $100 per transaction.

We accept Visa and MasterCard in USD, GBP and EUR. However, please be aware that all debit card transactions are automatically converted to USD.

FOREX.com does not charge fees for incoming card deposits. If you deposit funds from abroad, you may be charged a cross-border fee or currency conversion fee by your issuing bank.

Wire Transfer

There is no minimum or maximum deposit amount for wire transfers.

Wire transfers may take up to 1-2 business days for domestic wires and 2-5 days for international wires before they are available for trading.

We accept USD, EUR, CAD, JPY, CHF, AUD and GBP. FOREX.com does not charge fees for income wires. However, your bank may charge a service fee.

Wire transfers that involve a bank outside of the US may require an intermediary US bank. US intermediary banks may charge a transaction fee.

Personal or Business Check

Currently, we are not accepting personal or business checks.

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What are current Margin Requirements?

Minimum Margin Requirement (MMR), also called a Security Deposit, is the amount of available cash you need in your account to trade one of the products we offer. The base MMR is set for each product and may increase based on the size of the position you trade. The specific MMR for each product we offer is available on our website at the following URL (Margin requirements) and is also included on each product’s Market 360 section on the FOREX.com platform. Initial MMR is calculated when you first open a trade and Ongoing MMR is recalculated at least once per day thereafter. MT4 and FOREX.com use the same process to calculate Initial MMR but use different processes for calculating Ongoing MMR which is explained further below. We also provide additional tools to help customers calculate and monitor MMR:

  • Margin Calculator: Platform Tool can be used to manually Calculate MMR at any time.
  • Monitor each position’s margin requirement separately.
  • Margin Indicator: Visually review your account’s total MMR using the Margin Indicator Tool on the trading platform.


Initial MMR (FOREX.com & MT4)

To calculate the Initial MMR when you place a trade, simply multiply the total USD notional value of your trade by the MMR % of the currency pair (Margin requirements). To help explain this calculation, please refer to the following examples:

Example 1: When counter currency is the same as your account currency

Customer buys 100,000 EUR/USD at price 1.12500 at 2% (MMR).

  • Position size (100,000) times EUR/USD exchange rate at the time you place the trade (1.12500) times MMR.
  • (100,000 x 1.12500 x 2%) = MMR of $2,250

Example 2: When neither base nor counter currency are your account base currency

Customer Buys 100,000 EUR/JPY at price 1.45200 (EUR/USD exchange rate* is 1.12500) at 2% MMR
*To calculate margin, we need to use the exchange rate of the Base market against your account base currency

  • Position size (100,000) times EUR/USD exchange rate at the time you place the trade (1.12500).
  • (100,000 x 1.12500 x 2%) = MMR of $2,250

Example 3: When base currency is the same your account base currency

Customer Buys 100,000 USD/JPY at price 1.47000 at 2% margin (MMR).

  • Position size (100,000) times MMR
  • (100,000 x 2%) = MMR of $2,000


Ongoing MMR (MT4 Platform)

Currently on MT4, MMR is calculated when you place a trade and remains the same for the life of the trade. Beginning on November 14, 2022, the Ongoing MMR calculation in MT4 will be changed to recalculate your MMR once per day. This process will run every day at 4:00PM EST and is further explained using the examples below:

Example 1: When counter currency is the same as your account currency

Customer originally Bought 100,000 EUR/USD at price 1.12500 at 2% (MMR). Current exchange rate 1.12000.

Current Ongoing MMR Calculation (not applicable after 11/14/2022):

  • MMR remains the same for the life of the trade, no change.

New Ongoing MMR Calculation (starting on 11/14/2022):

  • Position size (100,000) times EUR/USD exchange rate (1.11000) at the time your MMR is recalculated times MMR %.*
  • (100,000 x 1.11000 x 2%) = $2,200
    *Process begins at 4pm.

Example 2: When neither base nor account currency are your account currency

Customer Bought 100,000 EUR/JPY at price 1.45200 (EUR/USD exchange rate* is 1.12500) at 2% MMR. Current EUR/USD exchange rate* is 1.12000.
*To calculate margin, we need to use the exchange rate of the Base market against your account currency

Current Ongoing MMR Calculation (not applicable after 11/14/2022):

  • MMR remains the same for the life of the trade, no change.

New Ongoing MMR Calculation (starting on 11/14/2022):

  • Position size (100,000) times EUR/USD exchange rate at the time your MMR is recalculated (1.11000) times MMR %.*
  • (100,000 x 1.11000 x 2%) = $2,200
    *Process begins at 4pm.

Example 3: When base currency is your account currency

Customer Bought 100,000 USD/JPY at price 1.47000 at 2% margin (MMR).

Ongoing MMR Calculation

  • Since base currency is your account currency, exchange rate equals 1 and therefore MMR remains the same throughout the life of the trade. This will remain unchanged.
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What is slippage?

Slippage is when an order is filled at a price other than the requested price.

Our quoted prices are executable the majority of the time. In fast-moving markets, orders may be executed at a price which has ceased to be the best market price. Limit orders will always be filled at the price asked or better.

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Can my account go in the negative?

While our 100% margin requirement and real-time margin system is designed to limit your trading losses and help ensure that total losses never exceed your total account balance, you do risk incurring losses greater than your account balance, especially during periods of extreme market volatility.

While it is not FOREX.com’s policy to hold clients responsible for modest negative balances, we do reserve the right to hold clients responsible for large debit balances and when special circumstances apply.

For this reason, we strongly encourage you to manage your use of leverage carefully.

You can request a change to your level of leverage by filling out a Margin Change Request Form and submitting it to [email protected].

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How do I avoid unexpected market gapping?

Prices often move over the weekend when the markets are closed particularly during times of high volatility, and can move drastically from where they were on Friday until the time, they are visible again after the weekend.

To avoid them, simply exit your trade before the weekend hits.

We encourage you to read about Risk Management.

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Glossary

Don’t know your Fibonacci ratios from your pivot points? Browse our glossary for a complete guide to trading terms and vocabulary.

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How can we help?
Looking to speak to someone? Get in touch with our support team who will be happy to answer any account questions or trading queries.
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