Forex.com Account Types Explained (2026): Which One Is Right for You?

Before you start trading, it’s important to know how Forex.com account types are structured and who they’re meant for. This guide explains them in simple terms so you know exactly what you’re signing up for.

Quick Overview: Forex.com Trading Account Types at a Glance

Forex.com offers eight different trading account types, each designed to suit a specific trader profile — from first-time beginners and active day traders to businesses and long-term investors. Instead of forcing everyone into a single setup, Forex.com gives you flexibility across pricing models, platforms, and account structures, including spread-only pricing, RAW spreads with commissions, MetaTrader access, and specialized accounts for companies and retirement trading.

At a glance, Forex.com account options include:

• Standard Account – most popular, spread-only pricing with no commissions
• RAW Spread Account – ultra-tight spreads from 0.0 pips plus commissions
• MetaTrader 4 (MT4) Account – classic platform favored by experienced traders
• MetaTrader 5 (MT5) Account – upgraded MetaTrader with more tools and markets
• RAW Spread MT5 Account – MT5 access with institutional-style pricing
• Corporate Trading Account – designed for businesses and institutional clients
• Forex IRA Account – tax-advantaged forex trading for eligible U.S. clients
• Demo Account – risk-free practice account with virtual funds

Understanding how these accounts differ is the first step to choosing the right one for your goals — but before diving into each option, it helps to understand what Forex.com is and why its account structure stands out among regulated brokers.

What Is Forex.com?

Forex.com is a global online trading broker that provides access to the forex market and a wide range of CFDs, including indices, commodities, stocks, and ETFs. Founded in 2001, the company operates under StoneX Group Inc., a publicly traded financial services firm listed on NASDAQ (SNEX), with headquarters in New York, United States.

Over the years, Forex.com has positioned itself as a legitimate broker that balances institutional-grade infrastructure with retail-friendly tools, making it accessible to beginners while still appealing to experienced and high-volume traders. This balance is reflected not just in its platforms and pricing, but in how it structures its trading accounts.

That brings us to the core of this guide: how Forex.com organizes its account types — and what those differences actually mean for you as a trader.

Overview of Forex.com Account Categories (How They’re Structured)

Forex.com’s account lineup is intentionally structured around two decisions every trader has to make early on: how you pay for trades and which platform you prefer to trade on. This simple framework is what allows the broker to serve beginners, active traders, businesses, and long-term investors without overcomplicating the experience.

1. Pricing Model: How Trading Costs Are Charged

Forex.com offers two distinct pricing approaches:

• Standard pricing – trading costs are built directly into the spread, with no separate commission, making it easier for beginners to understand and manage costs.
• RAW spread pricing – spreads on major FX pairs can go as low as 0.0 pips, paired with a fixed commission per trade, which appeals to high-volume and cost-sensitive traders.

2. Trading Platform: Where and How You Trade

Traders can also choose between multiple platform environments:

• Forex.com’s proprietary web and mobile platforms, including TradingView integration, designed for simplicity, speed, and modern charting.
• MetaTrader platforms (MT4 and MT5), which offer deeper customization, expert advisors (EAs), and advanced technical tools favored by experienced traders.

By combining these pricing models with different platform options — and layering in specialized accounts like Corporate, Forex IRA, and Demo accounts — Forex.com creates a flexible account structure that adapts to different trading goals. In the sections that follow, we’ll break down each account type individually so you can quickly identify which one fits you best.

Forex.com Standard Account (Most Popular Option)

Best for: Beginners, casual traders, and multi-asset traders who want flexibility without paying commissions.

The Standard Account is Forex.com’s most popular option, offering a spread-only pricing model that’s easy to understand and beginner-friendly. Here’s what you get:

• Flexible Platforms: Trade on Forex.com’s web trading platform, mobile apps, or TradingView, whichever suits your style.
• Wide Range of Markets: Access over 80 forex pairs, plus CFDs on stocks, ETFs, indices, commodities, and more.
• Active Trader Program: High-volume currency traders benefit from enhanced customer service and additional perks.
• Premium Tools: Access Reuters news feeds and exclusive tools like Performance Analytics to improve trading decisions.
• TradingView Integration: Execute trades directly on TradingView’s web, mobile, or desktop platforms for a seamless experience.

Why it’s popular: The Standard Account strikes a balance between simplicity and functionality. Traders don’t have to worry about separate commissions, yet they still gain access to professional-grade tools, educational resources, and multiple trading platforms. This makes it ideal for those starting out or those who want a multi-asset account without added complexity.

Next, we’ll explore the RAW Spread Account, designed for traders who prioritize ultra-tight spreads and lower trading costs.

Forex.com RAW Spread Account

Best for: High-volume traders, scalpers, and those who prioritize cost efficiency on major forex pairs.

The RAW Spread Account is designed for traders seeking ultra-tight spreads combined with transparent commission pricing. Key features include:

• Super-Tight Spreads: FX majors start as low as 0.0 pips, allowing for precise entry and exit points.
• Commission Structure: $5 USD per $100k USD traded, offering competitive pricing for active traders.
• High-Quality Trade Execution: Optimized for fast and reliable order processing to minimize slippage.
• Advanced Platforms: Access Forex.com’s web and mobile platforms or TradingView for seamless execution.
• Professional Tools: Full access to analytics, news feeds, and trading resources for informed decision-making.

Why it’s useful: The RAW Spread Account reduces trading costs for high-volume traders without sacrificing execution quality. It’s ideal for scalpers, frequent traders, and professionals who want precise control over trading costs and spreads.

Next, we’ll move to MetaTrader 5 (MT5) Account, which focuses on traders looking for advanced charting, enhanced tools, and multi-asset access.

Forex.com MetaTrader 5 (MT5) Account

Best for: Traders who want advanced MetaTrader features, enhanced charting, and multi-asset access.

The MT5 Account builds on MT4’s popularity, offering faster trading, more tools, and improved usability. Key features include:

• Platform Advantages: Enhanced charting with more timeframes, indicators, and tools for technical analysis.
• Multi-Asset Access: Trade forex, plus CFDs on stocks, indices, and commodities in one platform.
• User-Friendly Market Search: Intuitive search and asset grouping to streamline navigation.
• Advanced Trading Tools: Supports automated strategies, scripts, and other MT5 features.

Why it’s useful: MT5 is ideal for traders who want a modern, professional-grade platform with flexibility for both forex and CFD trading. It’s suitable for intermediate to advanced traders seeking advanced charting and analysis.

Forex.com RAW Spread MT5 Account

Best for: Professional MT5 users who want ultra-low spreads on major forex pairs.

The RAW Spread MT5 Account combines the advantages of MT5 with cost-efficient pricing for serious traders. Key features include:

• Tight Spreads: As low as 0.0 pips on major FX pairs.
• Commission-Based Pricing: Transparent $5 USD per $100k USD traded.
• Advanced Platform Tools: Full MT5 functionality with automated trading and enhanced analytics.
• Optimized Execution: Designed for fast, reliable order processing, minimizing slippage for active traders.

Why it’s useful: This account is perfect for professional traders who want MT5’s advanced tools while keeping trading costs extremely low. It’s especially suitable for scalpers, high-frequency traders, and algorithmic strategies.

Forex.com MetaTrader 4 (MT4) Account

Best for: Veteran traders and those who prefer MT4’s classic platform with expert advisor (EA) support.

The MT4 Account remains a favorite among experienced traders due to its familiarity and robust features. Key highlights include:

• Proven Platform: MT4’s stability, reliability, and veteran-friendly interface.
• Wide Market Access: Trade over 80 forex pairs, plus gold and silver CFDs.
• Active Trader Program: Eligible for reduced costs and enhanced service for high-volume traders.
• Expert Advisors & VPS Hosting: Supports 20+ EAs and free VPS hosting via FX Blue for automated trading.
• Competitive Spreads: Spread-only pricing with no commissions for standard MT4 accounts.

Why it’s useful: MT4 is ideal for traders who want automation support, access to a wide range of forex pairs, and a trusted platform with a long track record. It remains popular despite MT5’s newer features because of its simplicity and widespread compatibility with expert advisors.

Forex.com Corporate Trading Account

Best for: Businesses, institutional traders, proprietary trading firms, and teams trading with company funds.

The Forex.com Corporate Trading Account is designed for traders who operate through a registered business or institutional structure, rather than as individuals. It allows companies to access global financial markets while maintaining proper separation between personal and corporate funds.

Key Features of the Corporate Account

• Trade in Your Business Name: Execute trades and hold funds under a registered company name instead of a personal account.
• Company-Funded Trading: Use allocated corporate cash to fund and manage trading activity.
• Multiple Authorized Users: Grant access to multiple traders or team members, making it ideal for collaborative trading environments.
• Full Market Access: Trade Forex.com’s complete range of markets, including forex, indices, commodities, and CFDs.
• Dedicated Support: Benefit from specialized support tailored to business and institutional clients.

Important Requirements

• Minimum initial deposit: $10,000
• Designed for both retail businesses and institutional clients

Why this account exists:
The Corporate Account gives businesses the structure, control, and flexibility needed to trade professionally while keeping operations compliant and organized. It’s a strong choice for firms that need transparency, team access, and institutional-grade infrastructure.

Forex.com Forex IRA Account (U.S. Clients Only)

Best for: U.S.-based traders looking to trade forex within a tax-advantaged retirement structure.

The Forex.com Forex IRA Account allows eligible U.S. clients to trade forex through an Individual Retirement Account (IRA). This setup combines a FOREX.com individual trading account with an IRA held through one of Forex.com’s approved third-party custodians.

How the Forex IRA Account Works

• Open a FOREX.com Individual Account
• Open an IRA with a partner custodian
• Trade forex within the IRA structure under the custodian’s oversight

Account Opening Requirements

To open a Forex IRA Account, clients must complete:

• FOREX.com Individual Account Application
• IRA Trading Account Customer Agreement
• W9 tax form (consult a tax advisor before submission)
• Required IRA documents from the chosen trust company

Once funds are received by the trust company, your trading account is opened in the name of the Trust Company FBO (For Benefit Of) your name.

Key Benefits

• Tax-Advantaged Trading: IRA accounts do not issue 1099s
• Professional Oversight: Funds are held by a regulated trust company
• Forex Market Access: Trade forex while aligning with long-term retirement goals

Why this account exists:
The Forex IRA Account is designed for traders who want to incorporate forex trading into a long-term financial or retirement strategy, rather than short-term speculation. Because of its complexity, it’s best suited for experienced traders who understand both market risk and tax implications.

Forex.com Demo Trading Account

Best for: Beginners, strategy testers, and traders exploring Forex.com’s platforms risk-free.

The Forex.com Demo Account lets you trade in a realistic market environment using $50,000 in virtual funds, with no financial risk. It’s one of the most practical ways to explore Forex.com’s tools, platforms, and execution quality before committing real capital.

Demo Account Features

• $50,000 Virtual Funds: Practice trading without risking real money
• 90 Days Risk-Free Access: Plenty of time to test strategies and platforms
• Real-Time Pricing: Experience live market conditions with ultra-fast execution
• 80+ FX Pairs: Trade the same forex instruments available on live accounts
• Professional Charting Tools: Use advanced indicators, drawing tools, and analytics
• MT5 Demo Access: Test MetaTrader 5, including Expert Advisors (EAs)
• Market Insights: Integrated analysis and market research tools
• Dedicated Support: Access assistance even while using a demo

Why this account exists:
The Demo Account removes pressure from the learning process. Whether you’re brand new or refining an automated strategy, it allows you to build confidence, test ideas, and understand the platform — all before risking real funds.

Forex.com Account Types: Standard vs RAW vs MT4 vs MT5

How to use this table:

• Compare platform and pricing options at a glance.
• Quickly identify the account that fits your experience level, trading style, and cost priorities.
• Ideal for both new traders who want simplicity and professional traders who prioritize tight spreads and advanced features.

Which Forex.com Trading Account Is Best for You?

With so many options, the best Forex.com account depends on who you are, how you trade, and what your goals look like. Here’s a simple way to decide:

If You’re a Beginner or New Trader

The Standard Account or Demo Account is your best starting point.

• The Demo Account lets you practice risk-free with $50,000 in virtual funds.

• The Standard Account keeps things simple with no commissions and access to multiple markets once you’re ready to trade live.

If You Trade Frequently or Care About Costs

Choose a RAW Spread Account or RAW Spread MT5 Account.

• These accounts offer spreads as low as 0.0 pips with transparent commissions.

• Ideal for scalpers, active traders, and cost-sensitive strategies.

If You Use Automated Strategies or Expert Advisors

Go with MetaTrader 4 (MT4) or MetaTrader 5 (MT5).

• MT4 is perfect for traders who rely on established EAs and automation.

• MT5 offers more advanced charting, indicators, and multi-asset access.

If You Trade as a Business or Team

The Corporate Trading Account is the right fit.

• Trade under a company name

• Fund the account with corporate capital

• Allow multiple authorized users
  This structure is ideal for prop firms, trading desks, and institutional setups.

If You’re Trading With Long-Term Retirement Goals

The Forex IRA Account is built specifically for U.S. clients who want to trade forex within a tax-advantaged retirement framework.

• Best for experienced traders

• Requires more documentation

• Suitable for strategic, long-term planning rather than short-term speculation

Final Tip for Choosing

You don’t have to get it perfect on day one. Many traders start with a Demo or Standard Account and later move into RAW, MT5, or specialized accounts as their experience grows.

How to Get Started With Forex.com (Step-by-Step)

Opening your Forex.com trading account is straightforward. Follow these six steps:

1. Choose Your Account Type: Decide whether you want Standard, RAW Spread, MT4, MT5, or RAW MT5 based on your goals.
2. Sign Up: Go to the Forex.com website and click “Open Account.” Fill in your personal details.
3. Verify Your Identity: Submit required documents (ID, proof of address) to meet regulatory requirements.
4. Fund Your Account: Deposit the minimum amount required (typically $50–$100, depending on your region and account type).
5. Select Your Platform: Choose between web, mobile, TradingView, MT4, or MT5, and download or log in as needed.
6. Start Trading or Practice First: Begin with a demo account if you’re new, or go live if you’re ready to trade with real funds.

This step-by-step process ensures a smooth start and compliance with global trading regulations.

• Forex.com Minimum Deposit 2026: How Much You Need to Start Trading

FAQs

How many account types does Forex.com offer?

Forex.com offers eight account types in total. These include Standard, RAW Spread, MT4, MT5, RAW Spread MT5, Corporate Trading Accounts, Forex IRA Accounts (U.S. only), and Demo Accounts.

What is the difference between Standard and RAW Spread accounts?

The Standard Account uses spread-only pricing with no commission, making it easier for beginners. The RAW Spread Account offers tighter spreads starting from 0.0 pips but charges a fixed commission per trade.

Does Forex.com offer MetaTrader accounts?

Yes. Forex.com supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), including RAW Spread versions for traders who want lower trading costs.

Which Forex.com account is best for beginners?

Beginners usually start with the Demo Account to practice risk-free or the Standard Account for live trading due to its simple, commission-free structure.

What is the minimum deposit for Forex.com accounts?

Most retail accounts typically require around $50–$100, depending on your region. The Corporate Trading Account requires a higher minimum deposit of $10,000, while the Demo Account requires no deposit.

What is a Forex.com Corporate Trading Account?

The Corporate Trading Account allows businesses and institutions to trade using company funds, operate under a business name, and grant access to multiple authorized users.

Does Forex.com offer a Forex IRA account?

Yes. Forex.com offers Forex IRA accounts to U.S. clients, allowing them to trade forex within a tax-advantaged retirement structure through approved custodians.

Can I trade forex in a retirement account with Forex.com?

Yes. Through the Forex IRA Account, eligible U.S. traders can trade forex while aligning with long-term retirement planning goals.

Does Forex.com offer a demo account?

Yes. Forex.com provides a 90-day demo account with $50,000 in virtual funds, real-time pricing, and access to professional trading tools on web, mobile, and MT5 platforms.

Can I switch or upgrade my Forex.com account later?

Yes. Many traders start with a Demo or Standard Account and later switch to RAW Spread, MetaTrader, or specialized accounts as their trading needs evolve.