Forex EuroClub Review 2020

Forex EuroClub Rated 3/5
learn more Learn more about eToro. 75% of retail investor accounts lose money when trading CFDs with this provider.

Forex EuroClub Guide

Forex EuroClub are an online broker founded in 2008 offering Forex trading trading, Social trading trading, and Share Dealing trading.

Forex EuroClub are a global broker and have a head office in Russia.

Forex EuroClub have a listed stock symbol. This means that Forex EuroClub have publically listed and you can officially buy shares in Forex EuroClub 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 Forex EuroClub we break down the pros and cons. What Forex EuroClub are able to offer, what countries Forex EuroClub are available in. Who Forex EuroClub 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 Forex EuroClub

Open Forex EuroClub's Website

Your capital is at risk

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

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

Forex EuroClub Review Table of Contents

Forex EuroClub what you should know

Forex EuroClub offer three ways to trade: Forex trading, Social trading, Share Dealing.

With Forex EuroClub you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Forex EuroClub platform.

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


Are Forex EuroClub safe?

When choosing a broker like Forex EuroClub 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 Forex EuroClub have a head office in Russia.

Forex EuroClub is regulated. This means Forex EuroClub are supervised by and is checked for conduct by the Unregulated regulatory bodies.

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

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

For added security Forex EuroClub 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 EuroClub. 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 EuroClub

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 forexeuroclub eToro XTB Trading212
Year Established 2008 2006 2002 2006
Head Office Russia Cyprus, UK Poland UK
Regulation Unregulated 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), Financial Supervision Commission (FSC)
Used By 10,000+ 12,000,000+ 250,000+ 14,000,000+
Negative balance protection No Yes Yes
Guaranteed Stop Loss No No Yes
Learn More Visit Forex EuroClub Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 80% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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.

Forex EuroClub Pros and Cons

What we like about Forex EuroClub

  • Used by over 10,000 traders
  • Established in 2008
  • Regulated by Unregulated
  • Min. deposit from $100

What we don't like about Forex EuroClub

Forex EuroClub Financial Regulation and Supervision in more detail

Forex EuroClub are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Forex EuroClub that are not regulated yet appear to be legitimate.

Forex EuroClub maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Forex EuroClub you are not guarenteed help in a difficult situation.

  • Unregulated

Forex EuroClub General Fees

  • Forex EuroClub withdrawal fees varies on payment method
  • Forex EuroClub does charge inactivity fees
  • Forex EuroClub does charge deposit fees
Broker forexeuroclub eToro XTB Trading212
Min Deposit 100 200 0 1
Withdrawl Fees varies Yes varies No
Inactivity Fees Yes No No
Deposit Fees No No No
CFD Commission Fees No Yes No

Forex EuroClub Commissions

  • Forex EuroClub does charge commission on CFD instruments.

What can you trade with Forex EuroClub?

You can trade a wide variety of instruments with Forex EuroClub over 105 instruments infact.

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

Compare Forex EuroClub with eToro and XTB below.

Your capital is at risk

Broker forexeuroclub eToro XTB Trading212
Instruments Available 105 100 1,500 3000
Platforms MT4,WEB,iPhone,Mac Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies Visit Forex EuroClub Visit eToro Visit XTB Visit Trading 212
Forex pairs offered 50 50 177
Major forex pairs Yes Yes Yes Yes
Minor forex pairs No Yes Yes Yes
Exotic forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs Visit Forex EuroClub Visit eToro Visit XTB Visit Trading 212
Commodities Offered 0 0 21 14
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs Visit Forex EuroClub Visit eToro Visit XTB Visit Trading 212
Stocks Offered 957 1696 1731
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes

Trading on Forex EuroClub web platforms and other applications

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

An Forex EuroClub IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

Forex EuroClub 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 forexeuroclub's platforms

Forex EuroClub Trading benefits :

  • Offers STP
  • Low min deposit

Forex EuroClub Trading Accounts Offered :

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

Can I try Forex EuroClub before I buy?

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

Forex EuroClub withdrawl and funding methods.

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

  • UnionPay
Broker forexeuroclub eToro XTB Trading212
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes No
Neteller No Yes Yes No

How can I start trading with Forex EuroClub?

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

Performing trades with Forex EuroClub

Forex EuroClub allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Forex EuroClub allow you to execute a maxium trade of varies. As Forex EuroClub 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 instruments.

Forex EuroClub Leverage and Forex EuroClub CFDs Explained

let's take a look at some of the basics of using Forex EuroClub leverage.

Forex EuroClub 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.

Forex EuroClub 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 Forex EuroClub 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 Forex EuroClub 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.

Forex EuroClub CFDs are typically used for short to medium term trades. For example Forex EuroClub intraday trading.

Education resources at Forex EuroClub

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

Forex EuroClub 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 Forex EuroClub.

Take time to look around the Forex EuroClub 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 Forex EuroClub

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

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

Livechat Support at Forex EuroClub

We tested the Forex EuroClub live chat and it works well. We sent messages to Forex EuroClub livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Forex EuroClub support in multiple languages in multiple countries. Forex EuroClub where able to resolve our customer issues.

Email Support at Forex EuroClub

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

The team resolved and answered our queries. Overall average email support from Forex EuroClub.

Phone Support at Forex EuroClub

We called Forex EuroClub and the call was answered very quickly. The call was answered in less than 5-10 minutes.

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

Overall the phone support from Forex EuroClub was okay.

See how Forex EuroClub Support Compares Against Other Brokers

Broker forexeuroclub eToro XTB Trading212
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, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, РУССКИЙ, Romana, Turkce, العربية, 中文
Learn More Visit Forex EuroClub Visit eToro Visit XTB Visit Trading 212
Risk Warning Your capital is at risk 75% of retail investor accounts lose money when trading CFDs with this provider. 80% 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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 Forex EuroClub

As Forex EuroClub is regulated by Unregulated, 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 3 minutes or so to complete the account opening process.

While you might be able to explore Forex EuroClub'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 EuroClub 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.fxeuroclub.com/ on 12th August 2018.

Is Forex EuroClub A Good Broker?

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

  • Forex EuroClub have a good track record of offering Forex trading, Social trading, Share Dealing.
  • Forex EuroClub has a history of over 12 years.
  • Forex EuroClub has a reasonable sized customer support of at least 10.
  • Forex EuroClub are regulated by Unregulated. This means Forex EuroClub 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.
  • Forex EuroClub have regulation from a Tier 1 reputable country.
  • Forex EuroClub has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Forex EuroClub have an international presence in multiple countries. This includes local Forex EuroClub seminars and training.
  • Forex EuroClub are able to hire people from various locations in the world who can better communicate in your local language.

Forex EuroClub Risk Disclaimer

Your capital is at risk

Forex EuroClub not quite right?

Check out these Forex EuroClub Alternatives

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

Related Forex EuroClub Comparisons

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

FOREX EUROCLUB Frequently Asked Questions

Can I try Forex EuroClub before I buy?

Forex EuroClub offer a demo account so you can try before you put down and payment. Learn more here

What funding methods do Forex EuroClub accept?

Forex EuroClub offer the following funding payment methods among other payment methods.
Learn more here

Your capital is at risk

Is Forex EuroClub safe?

While Forex EuroClub may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Forex EuroClub accounts by traders are held in a segregated bank account. For added security Forex EuroClub use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Forex EuroClub trading good?

While Forex EuroClub may not necessarily be considered bad, they are not regulated. We would recommend trading with only regulated brokers.Forex EuroClub is used by over Forex EuroClub active traders. Forex EuroClub offers Forex trading trading, Social trading trading, and Share Dealing trading. Minimum deposit with Forex EuroClub is mindeposit.

Is Forex EuroClub trading Legit?

Forex EuroClub was founded in Russia in 2008. Forex EuroClub has been facilitating trade on the financial markets for over 12 years. Forex EuroClub offers clients Forex trading trading, Social trading trading, and Share Dealing trading. All funds deposited to Forex EuroClub are held in segregated tier 1 bank accounts for security. Forex EuroClub is not regulated. Although this doesnt mean Forex EuroClub are awful, we recommend trading with regulated brokers.

Is Forex EuroClub a good broker?

Forex EuroClub is not regulated by a top tier financial regulator. While many traders may still find trading with Forex EuroClub useful, we recommend only trading with a broker that has regulation.Forex EuroClub allows Forex trading trading, Social trading trading, and Share Dealing trading.

Is Forex EuroClub trustworthy broker?

While having many plus points because Forex EuroClub is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.

What is the minimum deposit for Forex EuroClub?

The minimum deposit to trade with Forex EuroClub is 100.

How long do Forex EuroClub withdrawals take?

Withdrawing money from Forex EuroClub processing time varies but averages 2-5 days.

Is Forex EuroClub regulated?

Forex EuroClub is not regulated by a top tier financial regulator.

Is Forex EuroClub a market maker?

Forex EuroClub is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Forex EuroClub?

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

Is my money safe with Forex EuroClub?

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

Is Forex EuroClub a con?

While we would noy say that Forex EuroClub is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.

Can you make money with Forex EuroClub?

Although traders have had great success with Forex EuroClub. Trading on the financial markets with Forex EuroClub 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 Forex EuroClub have fees?

Forex EuroClub withdrawal fees varies on payment method. Forex EuroClub does charge inactivity fees. Forex EuroClub does charge deposit fees.

When was Forex EuroClub founded?

Forex EuroClub was founded in 2008.

How many people use Forex EuroClub?

Forex EuroClub is used by over 10000 registered traders.

What is Forex EuroClub Headquarters country?

Forex EuroClub has its head quarters office in Russia.

Does Forex EuroClub offer negative balance protection?

Forex EuroClub does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Forex EuroClub offer guaranteed stop loss?

Forex EuroClub 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. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Forex EuroClub allow scalping?

Forex EuroClub does not offer scalping.

Does Forex EuroClub allow hedging?

Forex EuroClub does not offer hedging.

Does Forex EuroClub offer CFD trading?

Forex EuroClub offers CFD trading.

Does Forex EuroClub offer STP?

Forex EuroClub offers STP trading.

How many people use Forex EuroClub?

Forex EuroClub is used by over 10000 traders.

Is Forex EuroClub an ECN broker?

Forex EuroClub offers ECN trading.

Does Forex EuroClub offer a demo account?

Forex EuroClub offers a demo account.

Does Forex EuroClub offer an Islamic account?

Forex EuroClub does not offer Islamic accounts.

What are the funding methods for Forex EuroClub?

Forex EuroClub accept the following funding methods : UnionPay,

Forex EuroClub review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Forex EuroClub 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.

Forex EuroClub review written by Mark Hansen of Comparebrokers.co