{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "forex-mt4-us",
  "urls": {
    "html": "/demo-accounts/forex-mt4-us.html",
    "json": "/demo-accounts/forex-mt4-us.json",
    "markdown": "/demo-accounts/forex-mt4-us.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": 50000,
    "currency": "USD",
    "fundsLabel": "USD 50,000",
    "fundsNote": "USD",
    "expiryType": "conflict",
    "expiry": "Sources disagree",
    "expiryNote": "CONFLICT: signup 90 days; general demo page says 30 days unless open trades",
    "evidence": "conflicting",
    "signup": "Name, email, password, phone; one demo per type/email",
    "note": "Resolve expiry with broker before publishing a definitive duration. Sources FX1 vs FX2/FX4.",
    "id": "forex-mt4-us",
    "broker": "FOREX.com",
    "entity": "GAIN Capital Group LLC (dba FOREX.com)",
    "regions": [
      "US"
    ],
    "region": "US",
    "regionLabel": "United States",
    "researchScope": "United States",
    "platform": "mt4",
    "platformLabel": "MetaTrader 4",
    "terms": "Execution, margin and leverage may differ from live",
    "fundingReset": "Not stated",
    "deposit": "Standalone demo signup; no funding step shown",
    "devices": "Not stated",
    "forexCoverage": "Forex available; demo pair count not stated",
    "eligibility": "US offering; complete demo country list not stated.",
    "evidenceNote": "Official broker documentation; signup and trading not tested.",
    "sources": [
      "forex-com-1",
      "forex-com-2",
      "forex-com-4"
    ],
    "visit": "forex-com-1",
    "regulation": {
      "status": "Verified",
      "entity": "GAIN Capital Group LLC",
      "regulator": "CFTC / National Futures Association (NFA)",
      "finding": "Live NFA BASIC profile identifies GAIN CAPITAL GROUP LLC, ID 0339826, DBA FOREX.COM: NFA Member Approved; CFTC registered Futures Commission Merchant and Retail Foreign Exchange Dealer; Forex Dealer Member.",
      "scope": "US entity only. Does not verify other FOREX.com entities, demo terms, client eligibility or absence of disciplinary history.",
      "sources": [
        "forex-com-reg-1",
        "forex-com-reg-2"
      ]
    },
    "signupLink": {
      "kind": "demo-page",
      "note": "Broker demo page; select your platform to continue.",
      "status": "Official entry route",
      "url": "https://www.forex.com/en-us/demo-mt4-account/",
      "sourceUrl": "https://www.forex.com/en-us/demo-mt4-account/",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "GAIN Capital Group LLC (dba FOREX.com), United States; current US agreement covering proprietary systems and MetaTrader; general demo disclaimer.",
      "tested": false,
      "role": {
        "value": "Principal",
        "status": "Documented",
        "note": "US customer agreement §4.2 says FOREX.com is principal in all contracts, not broker or agent. Section 4.3's possible future matching service is not treated as a current mixed model.",
        "sources": [
          "ex-a-forex-terms"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "Dealer pricing; best-efforts execution",
        "status": "Broker-reported",
        "note": "Agreement §§4.1–4.2 describes its own bid/ask quotes and best-efforts execution, including possible manual review for large orders or illiquid/volatile conditions.",
        "sources": [
          "ex-a-forex-terms"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Pricing, execution and margin may differ",
        "status": "Documented",
        "note": "US demo FAQ warns that hypothetical conditions cannot always reflect live pricing, execution and margin requirements. This is a general FOREX.com demo disclaimer, not a test of each MT4/MT5/web platform.",
        "sources": [
          "ex-a-forex-demo"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Reviewed; supported findings in role, arrangement, demo. Remaining uncertainty is recorded per field and scope.",
        "remainingChecks": [
          "Compare specific MT4, MT5 and proprietary demo fills, rejected orders, commission, financing and margin settings with the corresponding US live account type."
        ]
      }
    },
    "markets": {
      "scope": "GAIN Capital Group LLC (dba FOREX.com) · United States · MetaTrader 4. Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-a-forex-demo": {
      "title": "FOREX.com US demo FAQ",
      "url": "https://www.forex.com/en-us/help-and-support/demo-trading-accounts/",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "What is the difference between a demo account and a live trading account?",
      "access": "Official page/PDF text read through web retrieval on 2026-10-13."
    },
    "ex-a-forex-terms": {
      "title": "GAIN Capital Group LLC US customer agreement, 31 July 2026",
      "url": "https://www.filesandimages.com/Brand/forex/pdf/us-customer-agreement-20260731.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Sections 4.1–4.3 and 11; current US footer download.",
      "access": "Official page/PDF text read through web retrieval on 2026-10-13."
    },
    "forex-com-1": {
      "id": "FX1",
      "title": "FOREX.com US demo account",
      "url": "https://www.forex.com/en-us/demo-account/",
      "claims": "Proprietary demo: web/mobile, USD 50,000, 90 days, 80 FX pairs; signup fields. FAQ specifically says MT4 30 days unless open trades. Entity/regulatory footer.",
      "checked": "2026-10-12",
      "evidence_status": "Documented; not account-tested"
    },
    "forex-com-2": {
      "id": "FX2",
      "title": "FOREX.com US MT4 demo",
      "url": "https://www.forex.com/en-us/demo-mt4-account/",
      "claims": "MT4 signup advertises 90 days and USD 50,000; name, email, password and phone fields.",
      "checked": "2026-10-12",
      "evidence_status": "Documented; not account-tested"
    },
    "forex-com-4": {
      "id": "FX4",
      "title": "FOREX.com US demo FAQ",
      "url": "https://www.forex.com/en-us/help-and-support/demo-trading-accounts/",
      "claims": "General demo 90 days and no renewal; one demo/type/email; hypothetical results and execution/margin/leverage differences. Rechecked alongside conflicting FX1.",
      "checked": "2026-10-12",
      "evidence_status": "Documented; not account-tested"
    },
    "forex-com-reg-1": {
      "title": "NFA BASIC — GAIN CAPITAL GROUP LLC, 0339826",
      "url": "https://www.nfa.futures.org/BasicNet/basic-profile.aspx?nfaid=8xWTPnTVRTw%3D",
      "evidence": "Current profile status NFA Member Approved; CFTC registered FCM and RFED; Forex Dealer Member; DBA FOREX.COM.",
      "source_date": "Live profile accessed 2026-10-12; no dataset timestamp shown",
      "access_note": "Verified in rendered Chrome register after NFA-ID search; exact profile URL observed."
    },
    "forex-com-reg-2": {
      "title": "CFTC selected FCM financial data, August 2026",
      "url": "https://www.cftc.gov/sites/default/files/2026-10/01%20-%20FCM%20Webpage%20Update%20-%20August%202026.pdf",
      "evidence": "Both GAIN CAPITAL GROUP LLC and OANDA CORPORATION are listed as FCMRFD with NFA as DSRO; corroborates FCM and retail forex dealer registration as of the report date.",
      "source_date": "2026-08-31; reports filed by 2026-10-01",
      "access_note": "Official PDF opened and read; historical monthly dataset, not the source used for current NFA status."
    }
  }
}