Cannon Trading vs FOREX.com: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeCannon TradingFOREX.com
Licence Score60Moderate86Very strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record17
1 FCA United Kingdom —Licensed
1 ASIC Australia —Licensed
1 JFSA Japan —Licensed
1 CFTC / NFA United States LicensedLicensed
1 MAS Singapore —Licensed
1 CIRO Canada —Licensed
2 CySEC Cyprus —Licensed
Founded19882001
HeadquartersUnited StatesUnited States
TypeFutures broker (FX futures)Forex & CFD broker
Publicly listedNoNASDAQ:SNEX
PlatformsProprietaryProprietary, MT4, MT5, TradingView
Minimum deposit—US$100
VisitVisit siteVisit site

Frequently asked questions

Is Cannon Trading or FOREX.com better regulated?

FOREX.com has the higher Licence Score (86 vs 60), based on the number and tier of licences, operating history and public listing.

Which regulators license both Cannon Trading and FOREX.com?

Both are matched to licences from CFTC / NFA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.