Forest Park FX Review 2020

Forest Park FX Rated 3/5
learn more Learn more about eToro. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Forest Park FX Guide

Forest Park FX are an online broker founded in 2008 offering Forex trading trading, CFD trading trading, and Share Dealing trading.

Forest Park FX are a global broker and have a head office in United Kingdom.

Forest Park FX have a listed stock symbol. This means that Forest Park FX have publically listed and you can officially buy shares in Forest Park FX on one of the worlds global market exchanges.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Forest Park FX we break down the pros and cons. What Forest Park FX are able to offer, what countries Forest Park FX are available in. Who Forest Park FX are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Forest Park FX

  • Regulated by: Financial Conduct Authority (FCA)
  • Headquarters Country : United Kingdom
  • Foundation year 2008
  • Min Deposit : 10
  • Used by over 10,000 traders
  • Forest Park FX is not available in the following countries :
Open Forest Park FX's Website

Your capital is at risk

At the bottom of this review you can also learn about some pretty good alternatives to Forest Park FX

With this review we hope to help you see if Forest Park FX is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Forest Park FX that will help you get off to a good start in the world of online trading.

Forest Park FX Review Table of Contents

Forest Park FX what you should know

Forest Park FX offer three ways to trade: Forex trading, CFD trading, Share Dealing.

With Forest Park FX you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with Forest Park FX platform.

Forest Park FX are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Forest Park FX safe?

When choosing a broker like Forest Park FX the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years Forest Park FX have a head office in United Kingdom.

Forest Park FX is regulated. This means Forest Park FX are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Forest Park FX, this will be honored. If Forest Park FX violate any regulatory rules their regulated status could be stripped.

Any payments funded to Forest Park FX accounts by traders are held in a segregated bank account.

For added security Forest Park FX use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Forest Park FX. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Forest Park FX

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Broker forestparkfx eToro XTB Pepperstone
Year Established 2008 2006 2002 2010
Head Office United Kingdom Cyprus, UK Poland Australia
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
Used By 10,000+ 12,000,000+ 250,000+ 10,000+
Negative balance protection No Yes Yes
Guaranteed Stop Loss No Yes No
Learn More Visit Forest Park FX Visit eToro Visit XTB Visit Pepperstone
Risk Warning Your capital is at risk 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Forest Park FX Pros and Cons

What we like about Forest Park FX

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $10

What we don't like about Forest Park FX

Forest Park FX Financial Regulation and Supervision in more detail

We have checked and Forest Park FX is regulated and supervised by reputable organisations. You are able to check every Forest Park FX supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Forest Park FX. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Forest Park FX traders and provide a safe trading environment.

Forest Park FX is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Forest Park FX you should be sure they're legitimate online agent.

Forest Park FX General Fees

  • Forest Park FX withdrawal fees varies on payment method
  • Forest Park FX does charge inactivity fees
  • Forest Park FX does charge deposit fees
Broker forestparkfx eToro XTB Pepperstone
Min Deposit 10 200 0 200
Withdrawl Fees 2.5% Yes varies No
Inactivity Fees Yes No Yes
Deposit Fees No No No
CFD Commission Fees No Yes Yes

Forest Park FX Commissions

  • Forest Park FX does charge commission on CFD instruments.

What can you trade with Forest Park FX?

You can trade a wide variety of instruments with Forest Park FX over 102 instruments infact.

If you are looking at trading currency pairs Forest Park FX offer over currency pairs.

Compare Forest Park FX with eToro and XTB below.

Your capital is at risk

Broker forestparkfx eToro XTB Pepperstone
Instruments Available 102 100 1,500 100
Platforms MT4, Forex Trader Pro, Desktop, Web, Mobile Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
FX / Currencies Visit Forest Park FX Visit eToro Visit XTB Visit Pepperstone
Forex pairs offered 50 50 70
Major forex pairs Yes Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs No Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs Visit Forest Park FX Visit eToro Visit XTB Visit Pepperstone
Commodities Offered 0 0 21 16
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes No
Indiced & Stock CFDs Visit Forest Park FX Visit eToro Visit XTB Visit Pepperstone
Stocks Offered 957 1696 60
UK Shares No Yes Yes No
US Shares Yes Yes Yes No
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes No

Trading on Forest Park FX web platforms and other applications

Forest Park FX offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Forest Park FX also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you’re on the move.

See forestparkfx's platforms

Forest Park FX Trading benefits :

  • Allows hedging
  • Offers STP
  • Low min deposit

Forest Park FX Trading Accounts Offered :

  • Demo account
  • Standard account
  • ECN account
  • STP account

Can I try Forest Park FX before I buy?

Forest Park FX offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Forest Park FX withdrawl and funding methods.

Forest Park FX offer the below funding payment methods. learn more about Forest Park FX

  • Credit cards
  • Neteller
Broker forestparkfx eToro XTB Pepperstone
Bank transfer No Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes Yes
Neteller Yes Yes Yes Yes

How can I start trading with Forest Park FX?

When opening a trading account with Forest Park FX, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Forest Park FX trading platforms here.

Performing trades with Forest Park FX

Forest Park FX allow you to execute a minimum of trade of $ 1. This may vary depending on the account you open. Forest Park FX allow you to execute a maxium trade of varies. As Forest Park FX offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments.

Forest Park FX Leverage and Forest Park FX CFDs Explained

let's take a look at some of the basics of using Forest Park FX leverage.

Forest Park FX offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Forest Park FX leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Forest Park FX trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Forest Park FX leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Forest Park FX CFDs are typically used for short to medium term trades. For example Forest Park FX intraday trading.

Education resources at Forest Park FX

To trade effectively with Forest Park FX, it's important to get a have a good understanding of the Forest Park FX trading tools and the markets.

Forest Park FX offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Forest Park FX.

Take time to look around the Forest Park FX platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Forest Park FX

Forest Park FX support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

Forest Park FX have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Forest Park FX less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Forest Park FX

Forest Park FX does not offer LiveChat Support.

Email Support at Forest Park FX

We sent several emails to Forest Park FX and answer times overall were excellent. The fastest response from Forest Park FX was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Forest Park FX, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Forest Park FX.

Phone Support at Forest Park FX

We called Forest Park FX and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Forest Park FX phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Forest Park FX team by calling in varying languages. Forest Park FX made an effort to make sure our queries were answered.

Overall the phone support from Forest Park FX was okay.

See how Forest Park FX Support Compares Against Other Brokers

Broker forestparkfx eToro XTB Pepperstone
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, and Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic
Learn More Visit Forest Park FX Visit eToro Visit XTB Visit Pepperstone
Risk Warning Your capital is at risk 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

What you will need to open an account with Forest Park FX

As Forest Park FX is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Forest Park FX's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Forest Park FX you can visit their website here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from https://forestparkfx.com/ on 12th August 2018.

Is Forest Park FX A Good Broker?

We spent over 3 months examining Forest Park FX in depth. Although we found some very useful aspects of the Forest Park FX platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Forest Park FX broker.

  • Forest Park FX have a good track record of offering Forex trading, CFD trading, Share Dealing.
  • Forest Park FX has a history of over 6 years.
  • Forest Park FX has a reasonable sized customer support of at least 10.
  • Forest Park FX are regulated by Financial Conduct Authority (FCA). This means Forest Park FX fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Forest Park FX have regulation from a Tier 1 reputable country.
  • Forest Park FX has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Forest Park FX have an international presence in multiple countries. This includes local Forest Park FX seminars and training.
  • Forest Park FX are able to hire people from various locations in the world who can better communicate in your local language.

Forest Park FX Risk Disclaimer

Your capital is at risk

Forest Park FX not quite right?

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We have spent years researching the best alternatives to Forest Park FX. Click the links below to learn more.

If you feel some of the above Forest Park FX are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Forest Park FX alternatives below.

Related Forest Park FX Comparisons

If you would like to see how Forest Park FX stands up against other brokers you can read some of our Forest Park FX comparisons below. We compare side by side some of our top rated Forest Park FX versus comparisons. Read some indepth Forest Park FX VS pages below.

FOREST PARK FX Frequently Asked Questions

Can I try Forest Park FX before I buy?

Forest Park FX offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Forest Park FX accept?

Forest Park FX offer the following funding payment methods accept Credit cards, Neteller, among other payment methods.
Learn more here

Your capital is at risk

Is Forest Park FX safe?

Forest Park FX are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to Forest Park FX accounts by traders are held in a segregated bank account. For added security Forest Park FX use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Forest Park FX trading good?

Forest Park FX is considered good and reputable to trade with. Forest Park FXForest Park FX is used by over Forest Park FX active traders. Forest Park FX offers Forex trading trading, CFD trading trading, and Share Dealing trading. Minimum deposit with Forest Park FX is mindeposit.

Is Forest Park FX trading Legit?

Forest Park FX was founded in United Kingdom in 2008. Forest Park FX has been facilitating trade on the financial markets for over 12 years. Forest Park FX offers clients Forex trading trading, CFD trading trading, and Share Dealing trading. All funds deposited to Forest Park FX are held in segregated tier 1 bank accounts for security. Forest Park FX is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is Forest Park FX a good broker?

Forest Park FX is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker.Forest Park FX allows Forex trading trading, CFD trading trading, and Share Dealing trading.

Is Forest Park FX trustworthy broker?

Forest Park FX can be considered trustworthy. All money funded to Forest Park FX is placed into a segregated tier 1 bank account. this means your money in not held by Forest Park FX directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Forest Park FX is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for Forest Park FX?

The minimum deposit to trade with Forest Park FX is 10.

How long do Forest Park FX withdrawals take?

Withdrawing money from Forest Park FX processing time varies but averages 2-5 days.

Is Forest Park FX regulated?

Forest Park FX is regulated by Financial Conduct Authority (FCA).

Is Forest Park FX a market maker?

Forest Park FX is a market maker. Stocks, currency and other commodities and instruments will be purchased by Forest Park FX even if no buyer is lined up.

How can I start trading with Forest Park FX?

When opening a trading account with Forest Park FX, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Forest Park FX trading platforms here.

Is my money safe with Forest Park FX?

Forest Park FX is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like Forest Park FX is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Forest Park FX, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Forest Park FX a con?

Forest Park FX is regulated and well established having been in business for over 12 years. Forest Park FX is definitely not a con.

Can you make money with Forest Park FX?

Although traders have had great success with Forest Park FX. Trading on the financial markets with Forest Park FX is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Forest Park FX have fees?

Forest Park FX withdrawal fees varies on payment method. Forest Park FX does charge inactivity fees. Forest Park FX does charge deposit fees.

When was Forest Park FX founded?

Forest Park FX was founded in 2008.

How many people use Forest Park FX?

Forest Park FX is used by over 10000 registered traders.

What is Forest Park FX Headquarters country?

Forest Park FX has its head quarters office in United Kingdom.

Does Forest Park FX offer negative balance protection?

Forest Park FX does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Forest Park FX offer guaranteed stop loss?

Forest Park FX does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price.

Does Forest Park FX allow scalping?

Forest Park FX does not offer scalping.

Does Forest Park FX allow hedging?

Forest Park FX offers hedging.

Does Forest Park FX offer CFD trading?

Forest Park FX offers CFD trading.

Does Forest Park FX offer STP?

Forest Park FX offers STP trading.

How many people use Forest Park FX?

Forest Park FX is used by over 10000 traders.

Is Forest Park FX an ECN broker?

Forest Park FX offers ECN trading.

Does Forest Park FX offer a demo account?

Forest Park FX offers a demo account.

Does Forest Park FX offer an Islamic account?

Forest Park FX does not offer Islamic accounts.

What are the funding methods for Forest Park FX?

Forest Park FX accept the following funding methods : Credit cards, Neteller,

Forest Park FX review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Forest Park FX brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Forest Park FX review written by Mark Hansen of Comparebrokers.co