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Forex.com Still Amazing in 2021

We all know how often and hard older brokers fall off in the face of new competition. The brokerage world is cutthroat, and it takes quite a bit of effort to survive, let alone keep top market spots. However, not all older brokers stop innovating and become obscure when facing competition. Some manage to innovate along with the market and keep up with newer competitors. Such companies are often the most reliable since they mix top-tier service with experience in running a brokerage.

From the title, you could’ve guessed we’re talking about brokers like Forex.com. As you probably already know, the company was among the forerunners of forex and CFD trading. That much is apparent even when you look at its domain, which is simply forex.com. As such, it’s one of the more reputable firms, maintaining a good public opinion for over two decades. The great thing is, it’s only grown since its inception and still holds up in 2021

Why Forex.com?

There are tons of reasons to use Forex.com over a lot of competitors, and we’ve decided to point out the most apparent few.

Security

Safety is one of the most important concerns when choosing an online broker. That’s especially true with forex and CFD brokerages, as they’re especially attractive to scammers. Forex.com is one of the safest brokerages out there, with multiple regulators to prove it. The broker is regulated by the Financial Conduct Authority (FCA) and US Commodity Futures Trading Commission (CFTC).

While the number of watchdogs may not seem massive, these two are some of the most reliable financial regulators. Furthermore, Forex.com is publically traded, which ensures its validity of functioning.

Product Variety

Another reason to pick Forex.com over other similar firms is the massive amount of assets it houses. Over the years, the firm has added over 4,500 assets to its forex and CFD collection. As such, traders will be able to trade on both well-known trading products and even experiment if they wish.

Platform Variety

Something most newer brokers have forgone providing their users with multiple platforms. As such, you often only have one choice, MT4, MT5, or a usually less than stellar proprietary platform. Instead of pigeonholing users into one option, Forex.com has all three. On top of that, its proprietary platform is stellar, with years of fine-tuning to bring its users the best experience. As such, you’ll always be able to access your preferred platform via Forex.com.

 

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