Forex Club Review for 2019

Forex Club Rated 3/5
Forex Club have a low rating. We recommend you look at one of their alternative brokers.
Good alternatives to Forex Club

Forex Club Introduction

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 Forex Club we break down the pros and cons. What Forex Club are able to offer, what countries Forex Club are available in. Who Forex Club 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.

Open Forex Club's Website

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At the bottom of this review you can also learn about some pretty good alternatives to Forex Club

With this review we hope to help you see if Forex Club 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 Forex Club that will help you get off to a good start in the world of online trading.

Forex Club what you should know

Forex Club offer three ways to trade: Forex trading, Spread Betting, Share Dealing.

With Forex Club you will need a minimum deposit of $varies. You can sign up for a demo account to acquaint yourself with Forex Club platform.

Forex Club are able to accommodate various levels of traders whether you are experienced or a beginner.


Are Forex Club safe?

When choosing a broker like Forex Club 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 , and in operation for 2019 years Forex Club have a head office in Russia.

Forex Club is regulated. This means Forex Club are supervised by and is checked for conduct by the Indication Investments Ltd regulatory bodies.

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

Any payments funded to Forex Club accounts by traders are held in a segregated bank account.

For added security Forex Club 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 Forex Club. 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 Forex Club

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

What we like

  • Used by over 10,000 traders
  • Established in
  • Regulated by Indication Investments Ltd
  • Min. deposit from $varies
  • unlimited demo account

What we don't like

Forex Club General Fees

  • Forex Club withdrawal fees varies on payment method
  • Forex Club does charge inactivity fees

Forex Club Commissions

  • Forex Club does charge commission on CFD shares

What can you trade with Forex Club?

You can trade a wide variety of instruments with Forex Club over 103 instruments infact.

If you are looking at trading currency pairs Forex Club offer over currency pairs.

Compare Forex Club with Plus500 and XTB below.

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FX / Currencies forexclub Plus500 XTB
# of forex pairs offered 100 50
Major forex pairs Yes Yes Yes
Minor forex pairs No Yes Yes
Exotic forex pairs No Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Forex Club Plus500 XTB
# of commodities offered 17 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural Yes Yes Yes
Indiced & Stock CFDs Forex Club Plus500 XTB
# of Stocks offered 1816 1500
UK Shares Yes Yes Yes
US Shares No Yes Yes
German Shares No Yes Yes
Japanese Shares No Yes Yes
forexclub's
Instruments
Plus500's
Instruments
XTB's
Instruments

Trading on Forex Club web platforms and other applications

Forex Club offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Forex Club 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 forexclub's platforms

Forex Club Trading benefits :

  • Allows scalping
  • Offers STP
  • Low min deposit

Forex Club Trading Accounts offered:

  • Mini account
  • Standard account
  • ECN account
  • Islamic account

Can I try Forex Club before I buy?

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

What funding methods do Forex Club accept?

Forex Club offer the below funding payment methods. learn more about Forex Club

  • PayPal
  • Payoneer
  • Neteller

How can I start trading with Forex Club?

When opening a trading account with Forex Club, 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 Forex Club trading platforms here.

Performing trades with Forex Club

Forex Club allow you to execute a minimum of trade of $0.00000114/0.01 LOTS. This may vary depending on the account you open. Forex Club allow you to execute a maxium trade of varies. As Forex Club 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.

Support at Forex Club

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

What you will need to open an account with Forex Club

As Forex Club is regulated by Indication Investments Ltd , 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 Forex Club'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 Forex Club 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://www.forexclub-russia.ru/ on 12th August 2018.

FOREX CLUB Frequently Asked Questions

Can I try Forex Club before I buy?

Forex Club do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Forex Club accept?

Forex Club offer the below funding payment methodsPayPal, Payoneer, Neteller, among other payment methods.
Learn more here

Your capital is at risk

How can I start trading with Forex Club?

When opening a trading account with Forex Club, 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 Forex Club trading platforms here.

Is my money safe with Forex Club?

Forex Club is regulated by Indication Investments Ltd . One of the most important criteria for traders when choosing a broker like Forex Club 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 Forex Club, this will be honored. If they violate any regulatory rules their regulated status can be stripped.