Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs GBE brokers, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing FOREX.com and GBE brokers, a few key factors come into play, especially regarding their trust ratings and regulatory standings. Established in 1999, FOREX.com is a publicly traded entity with a high Trust Score rating of 99, indicating it's highly trusted according to ForexBrokers.com. The platform holds 7 top-tier (Tier-1) licenses, which contribute to its solid reputation for safety and reliability. In contrast, GBE brokers, founded in 2013, are not publicly traded and have a Trust Score of 71, placing them at an average risk level. They possess only 1 Tier-1 license, which may not provide the same level of reassurance to potential clients as FOREX.com.
Both brokers are not banks, ensuring a focus on brokerage services. However, the difference in regulatory credentials and public trading status gives FOREX.com a distinct advantage in terms of credibility and trust. With one additional Tier-2 license, FOREX.com further strengthens its position as a safer choice for traders looking for accountability and stringent oversight. This comparison highlights the importance of considering the regulatory environment and trust scores when choosing an online broker.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Year Founded | 1999 | 2013 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of FOREX.com and GBE brokers, several key differences emerge. FOREX.com is lauded for its comprehensive offerings and varied account types, letting traders choose between market maker and commission-based options. Particularly, FOREX.com's RAW account offers competitive spreads, as low as 0.13 pips for the EUR/USD pair, though it includes a commission. For higher volume traders, FOREX.com provides attractive volume rebates. Despite these advantages, some users may find FOREX.com's fees slightly on the higher side, especially for U.S. residents using its Standard account, which has typical spreads of 1.4 pips for EUR/USD. Overall, FOREX.com receives commendation with a 4.5-star rating and ranks 13th out of 62 brokers for commissions and fees.
In comparison, GBE brokers, while offering competitive services, do not provide average spread data, making direct comparison slightly challenging. Despite this, GBE brokers maintain a commendable standing, with an overall rating of 4 stars. The firm is ranked 37th out of 62 brokers in the commissions and fees category by ForexBrokers.com, reflecting a solid reputation in the market, but trailing behind FOREX.com's more in-depth offerings and competitive pricing structure.
For traders, the choice between these brokers may depend on trading volume and preferred execution methods. While GBE brokers provide a simpler overview without average spread data, FOREX.com attracts with its detailed spread information and volume-based rebates, especially beneficial for active traders handling large transactions. Ultimately, both brokers present viable options, with FOREX.com holding an edge in terms of potential cost benefits for high-volume traders and diversified trading needs.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| Average Spread EUR/USD - Standard | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments available between FOREX.com and GBE brokers, several distinctions arise. Both brokers offer forex trading as CFDs or spot contracts, but FOREX.com provides a far larger selection with 5,500 tradeable symbols, compared to GBE brokers' 500. In terms of tradeable forex pairs, FOREX.com also takes the lead with 91 options, while GBE brokers list 71 pairs. Despite both brokers not offering direct investment in U.S. or international stock exchanges, FORX.com and GBE brokers do provide the option to trade cryptocurrency derivatives rather than actual cryptocurrencies.
Furthermore, a unique feature of GBE brokers is the availability of copy trading, which is absent in FOREX.com's offerings. This may appeal to new investors looking to mirror the trades of more experienced traders. However, when it comes to recognition for their range of investment options, FOREX.com scores higher with a 5-star rating from ForexBrokers.com and ranks #7 out of 62 brokers. In contrast, GBE brokers receive a 3.5-star rating and take the #44 spot. These factors highlight FOREX.com's broader and more highly regarded selection of investments compared to GBE brokers.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 500 |
| Forex Pairs (Total) | 91 | 71 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When it comes to trading platforms and tools, FOREX.com provides traders with a variety of options, including a proprietary platform and compatibility with both MetaTrader 4 and MetaTrader 5. It offers simulated trading through a virtual demo account and supports Windows-based and web-based trading platforms. While lacking in copy trading, FOREX.com allows for trading directly from stock charts and offers an extensive suite of 239 drawing tools. Additionally, its watch lists feature up to 20 columns, giving traders detailed options for customization. FOREX.com is highly rated, boasting 5 stars for its trading platforms and tools and securing the 7th spot in ForexBrokers.com's ranking.
On the other hand, GBE brokers also offer simulated trading with a demo account and support for MetaTrader 4 and MetaTrader 5 on their platforms, including Windows-based and web-based options. Unlike FOREX.com, GBE brokers support copy trading, appealing to traders looking to mimic successful strategies. The brokerage, however, offers fewer drawing tools, with just 15 available for charting and 7 columns for watch lists. Despite these limitations, GBE brokers still provide the option to trade directly from stock charts. Rated 4 stars overall for its trading platforms and tools, GBE brokers are ranked 57th by ForexBrokers.com, reflecting a solid, if less comprehensive, offering compared to FOREX.com.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 30 |
| Charting - Drawing Tools (Total) | 239 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FOREX.com and GBE Brokers provide mobile trading apps available for iPhone and Android devices, allowing traders to access the market on the go. The apps from both brokers support essential features such as price alerts and trendline drawing capabilities, while also offering multiple time frame views for analysis. A distinct feature of the FOREX.com app is its ability to sync watchlists with the client's online account, enabling seamless updates between devices. Unfortunately, this particular syncing capability is absent from the GBE Brokers app.
When it comes to technical analysis, FOREX.com shines with 88 technical studies available in its mobile app compared to just 30 offered by GBE Brokers. The difference in features and tools is reflected in their ratings, where FOREX.com is rated with five stars for its mobile trading app and ranks #3 out of 62 brokers according to ForexBrokers.com. On the other hand, GBE Brokers' mobile app receives a four-star rating and is ranked at #57. Both apps support creating watchlists with real-time quotes and auto-saving chart drawings, catering to traders' needs for efficient trading while on the move.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
In comparing the market research offerings between FOREX.com and GBE brokers, both platforms provide daily market commentary and offer economic calendars to keep traders informed of global events. However, a notable difference is that FOREX.com sources its forex news from top-tier outlets like Bloomberg and Reuters, whereas GBE brokers do not have such news sources. This potentially gives FOREX.com users access to a broader perspective on market movements.
Further distinguishing itself, FOREX.com offers research tools from Trading Central and sentiment-based trading tools, helping traders analyze market trends and sentiment ratios. While GBE brokers also present sentiment tools, they lack the Trading Central resources. Reflecting these differences, FOREX.com holds a higher research rating of 4.5 stars compared to GBE brokers' 3 stars. Consequently, FOREX.com ranks 9th among 62 brokers in the research category, while GBE brokers land at 61st, showcasing a significant discrepancy in the research services provided to users.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing FOREX.com and GBE brokers in terms of educational offerings for beginners, FOREX.com clearly stands out. FOREX.com provides a wide range of learning materials, with over 10 educational articles, videos, and archived webinars focused specifically on forex and CFD trading. Beginners can benefit from their monthly online webinars, which allow traders to learn in real-time and ask questions. Additionally, a searchable archive of past webinars is available for those who wish to revisit previous sessions. For those just starting, FOREX.com offers at least 10 videos dedicated to beginner trading topics, and for those with more experience, another 10 videos cover advanced topics. Recognizing the need for detailed knowledge, they also offer an investor dictionary with over 50 investing terms explained.
In contrast, GBE brokers fall short in providing educational resources for new traders. They lack the minimum 10 educational pieces focusing on forex and CFDs, and they do not offer monthly webinars or an archive of recorded sessions. Their educational video library for both beginners and advanced traders is also missing the depth that FOREX.com provides. GBE brokers do not maintain an extensive investor dictionary either. Reflecting these offerings, FOREX.com is highly rated with 4.5 stars out of 5 for its education resources and ranks as the 4th best among 62 brokers in the education category, while GBE brokers receive only 3 stars and rank at the bottom, at 62nd place.
| Feature |
FOREX.com
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FOREX.com is better than GBE brokers. FOREX.com finished with an overall rank of #5, while GBE brokers finished with an overall rank of #56.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
GBE brokers
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Both FOREX.com and GBE brokers do not provide the option to purchase actual delivered cryptocurrency, but they do offer the ability to trade cryptocurrency derivatives.
Both FOREX.com and GBE brokers offer ACH or SEPA transfers, PayPal, Visa or Mastercard, and bank wires for depositing and withdrawing account funds, but only GBE brokers provides Skrill as a payment option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FOREX.com | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
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| Regulation | FOREX.com | GBE brokers | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 1999 | 2013 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | GBE brokers | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 500 | |
| Forex Pairs (Total) | 91 | 71 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FOREX.com | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FOREX.com | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 7 | |
| Charting - Indicators / Studies (Total) | 88 | 30 | |
| Charting - Drawing Tools (Total) | 239 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FOREX.com | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FOREX.com | GBE brokers | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FOREX.com Review |
| Overall | FOREX.com | GBE brokers | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
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