FDM Public Disclosures & Risk Warning
The National Futures Association (NFA) requires Futures Commission Merchants (FCMs) and Forex Dealer Members (FDMs) to disclose specific information on its website. In accordance with this rule, FOREX.com is providing the following information:
Transaction Data Report
The National Futures Association (“NFA”) requires all Forex Dealer Members (“FDM”), including FOREX.com, to disclose upon request by a customer, the following transaction data for the 15 transactions in the same currency pair that occurred immediately before and after the customer's transaction, limited to those transactions that occur 15 minutes before and after the customers’ transaction.
- Execution date and time (to the nearest millisecond in Eastern time)
- Customer side (i.e., buy or sell)
- Currency Pair
- Execution price (including any mark-up)
- Commission and other charges assessed by the FDM (if applicable)
- Currency denomination of commission or other charges
If you would like to request the Transaction Data Report for one of your trades, please call 1-877-367-3946 (Toll Free) or 1-908-731-0730 (International) to log a request with our support team. Please note that not all customers of FOREX.com are trading on the same spreads. For example, our Active Trader program customers have access to a tighter spread category and will therefore receive different bid/offer prices than customers trading on standard spreads. For this reason, you may see a discrepancy in execution price for trades that were entered at or near the same time.
Performance of Non-Discretionary Retail Forex Customer Accounts
For the calendar quarter ending March 31, 2017, there were 33,636 active non-discretionary trading accounts of which 36% were profitable and 64% unprofitable. For the calendar quarter ending December 31, 2016, there were 17,032 active non-discretionary trading accounts of which 28% were profitable and 72% unprofitable. For the calendar quarter ending September 30, 2016, there were 16,858 active non-discretionary trading accounts of which 32% were profitable and 68% unprofitable. For the calendar quarter ending June 30, 2016, there were 15,935 active non-discretionary trading accounts of which 29% were profitable and 71% unprofitable.
Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
Moreover, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses.
There are risks associated with utilizing an Internet-based trading system including, but not limited to, the failure of hardware, software, and Internet connection. FOREX.com is not responsible for communication failures or delays when trading via the Internet. FOREX.com employs backup systems and contingency plans to minimize the possibility of system failure, and trading via telephone is always available.
Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. FOREX.com is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. FOREX.com has taken reasonable measures to ensure the accuracy of the information on the website. The content on this website is subject to change at any time without notice.