Compare FOREX CLUB Versus FXPRO and IC Markets broker accounts.
Compare Forex Club Vs FxPro Side by Side
So you are looking for a broker, Forex Club or FxPro who should you choose?
When trading on financial markets you will want to know all about who Forex Club or FxPro are, and how they compare. You will naturally want to know how long Forex Club and FxPro have been in business and what reputation Forex Club and FxPro have. On top of this, you will need to discover if Forex Club and FxPro match your trading needs.
Having a reputable and dependable broker is crucial to your trading. The reason for this is quite a simple one You need to be sure in the knowledge that your money is in a segregated bank account with a financially regulated broker. Let us see how Forex Club and FxPro compare.
Well in our side by side comparison we make it easier for you to see what is right for you. As with anything the final decision on which broker to trade with should ultimately be based on what and how you going to trade.
Our comparison will help you judge the effectiveness, price, ease of use and support trustworthiness of Forex Club and FxPro side by side.
If you're itching to start trading, we can assist you in making a well-informed decision when comparing Forex Club and FxPro. By comprehensively comparing Forex Club and FxPro features and services, you can choose a trading platform that best suits your needs and preferences. We aim to equip you with the knowledge to make an educated decision and feel confident in your trading journey with Forex Club, FxPro or an alternative broker.
Our Comparebrokers.co team has painstakingly spent months assessing different brokers accounts. We collected over 1200 data points on Forex Club and FxPro. To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page.
Regulation alongside currency availability is important when deciding upon a broker. It is very important when selecting a broker like the Forex Club platform or FxPro, you can trust with your money with them. To finish off our comparison, let's look at the popular tools and features traders prefer side by side.
The Forex Club online trading platform gives traders from all over the world access to over 103
financial instruments including over 430 available instruments. There are over 10,000+ registered customers that have taken advantage
of the Forex Club platform.
Forex Club are regulated by Cyprus Securities and Exchange Commission (CySEC).
FxPro is a renowned UK financial trading brokerage
established in 2006.
FxPro serves customers globally and are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB).
Depending on the country you are trading from Forex Club may serve you from a
different business entity to comply with its financial regulators.
FxPro is not listed on any stock market, does not disclose its yearly report on its website.
This is not terribly unusual for a broker, but you will want to check all of this out before you continue. Financial regulation is the most important thing to consider. Forex Club is listed as a publically traded company so are a reputable broker.
FxPro is a popular well known financial trading platform serving over 1,866,000 customers.
Benefits of Forex Club and FxPro Compared
Below, we will give you a summary of the benefits Forex Club and FxPro offer side by side.
Forex Club offers a minimum deposit of 100 while FxPro have a 100 minimum deposit.
Why smaller trading deposits are good and how Forex Club and FxPro compare
One primary and self-evident factor to remember is that you must only deposit an amount that fits your financial capacity with either Forex Club or FxPro. If you have limited financial resources, the broker with the most affordable deposit option will be more appealing. Forex Club requires a minimum deposit of 100, whereas FxPro mandates a minimum deposit of 100.
One additional factor to consider while venturing into more precarious yet potentially lucrative financial instruments is to limit your speculation to a modest proportion of your designated trading funds.
It's advisable not to be deterred by a broker's higher minimum deposit, whether it's Forex Club or FxPro, and instead focus on the comprehensive trading features offered by their platform. Frequently, a higher minimum deposit provides access to a wider range of financial assets and research tools on the trading platform.
Forex Club allows traders to trade up to 103 financial instruments
while FxPro have around 430 on their trading platform.
The more instruments available on Forex Club and FxPro trading platforms
the more potential financial instruments you can buy or sell for your portfolio.
It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities
and you seriously do not want to miss out on a trading opportunity due to the limitations of Forex Club or FxPro.
The Forex Club trading platform has 0 stocks listed
while FxPro has 1,700 stocks listed.
Forex Club allows retail traders to trade the following assets Forex trading, Spread Betting, Share Dealing on the Forex Club MT4,WEB,desktop trading platforms.
Alternatively FxPro allows retail traders to trade Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies on the FxPro MT4, MT5, cTrader, Tablet & Mobile apps trading platforms.
Compare Forex Club and FxPro in more detail below.
Drawbacks of Forex Club and FxPro Compared
Below we compare what drawbacks Forex Club and FxPro have side by side.
Various potential downsides can be associated with certain brokers, including Forex Club and FxPro. One primary drawback is the potential restrictions that may be imposed. Generally, the more diverse investment options available, the more favourable the situation. Another critical aspect to consider is the trading fees and commissions charged by Forex Club compared to FxPro. High trading fees and commissions can significantly impact potential profits. Additionally, essential factors to consider are the quality of trading research tools, educational resources, and the overall user-friendliness of Forex Club versus FxPro.
The saying 'Variety is the spice of life' holds for financial markets. It is always advisable to have a diversified investment portfolio whether trading with Forex Club or FxPro. A diversified portfolio with Forex Club or FxPro can safeguard your investments from significant downturns in any particular market. For instance, when one stock rises, others may follow suit.
Conversely, when the market takes a downturn, it can be disastrous for your investments. The most effective investment portfolios cover potential risks and encompass many businesses and stocks. When creating a diverse investment portfolio with brokers like Forex Club or FxPro, it is recommended to have access to a variety of tradable assets, commodities, and securities on different trading platforms such as Forex Club and FxPro.
Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both Forex Club and FxPro, and it's not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares. Both Forex Club and FxPro offer some form of cryptocurrency trading.
Bitcoin is the most popular cryptocurrency, but thousands of altcoins could experience a similar rise. Altcoins follow the same trajectory as Bitcoin, similar to how stocks rise and fall with the market.
Investing in cryptocurrencies with Forex Club or FxPro is considered a high-risk venture. The prices of cryptocurrencies can experience extreme highs and lows. If you choose to invest in cryptocurrencies, allocating only a fraction of your portfolio or trading budget to it is essential. Crypto trading with Forex Club or FxPro could lead to one of the most exciting trades you've ever made, depending on the market. Please remember that cryptocurrency availability on Forex Club, FxPro, and all brokers are subject to regulation.
We compare Forex Club vs FxPro Crypto options below side by side.
Allows Cryptocurrency Trading (availability subject to regulation)
BTC, ETH, LTC, BCH, XRP
BTC, BCH, ETH, LTC, DASH, XRP, EOS, EMC, NMC, PPC
Forex Club Vs FxPro Commission and Fees
knowing your trading and commission fees with Forex Club vs FxPro is extremely important.
For the majority of the Forex Club 103 financial instruments
and FxPro 430 available financial
The price you are being presented with will factor in the fee the broker takes. For example, if a financial asset is at 79.6. You might have to pay 79 to enter. Therefore, you will start with a small loss with Forex Club and FxPro. The bigger the fee, the bigger the issue is. Most alarmingly, some financial assets charge you to hold on to the asset overnight or over the weekend. Some commodities and stocks you are using leverage on may have overnight charges. Please check your fees with Forex Club and FxPro before you invest because you must know what you are paying.
You ideally want to choose a broker like Forex Club or FxPro that does not charge too much for withdrawal fees. High trading fees and commissions will eat into your profits. The fees will be noticeable if you have a low budget and do not intend to invest so much with Forex Club or FxPro. You want the withdrawal fee to be less than one per cent of what you are withdrawing but, more ideally, $5 to $10.
Your location or residence will have an impact on your potential Forex Club and FxPro fees, of course. Make sure you do your research and check the commission and fees with both Forex Club and FxPro before you invest anything.
Some brokers will charge inactivity fees. As the name suggests, this occurs when you have been inactive on your account for a certain period.
Also, with Forex Club or FxPro be aware of or 3rd party payment provider fees and currency conversion fees.
Both Forex Club and FxPro do charge inactivity fees.
Numerous notifications are usually sent to you as a reminder of dormant Forex Club and FxPro accounts, giving you sufficient time to decide on the appropriate course of action. You can opt to continue using your Forex Club or FxPro account, or choose to close it.
Usually, the associated fees for dormant Forex Club or FxPro accounts are quite minimal, and there is no need to panic, particularly when the issue can be easily resolved. It's always advisable to keep track of your live Forex Club or FxPro trading account activity to avoid any unnecessary fees or charges.
When you deposit money to a broker like Forex Club or FxPro you might need to pay deposit fees. The lower, the better. Most preferably, you would have to pay Forex Club or FxPro nothing for this. If this is the case, it can be a big problem. Constant deposits will eat into your profit, so this will take some consideration before you sign up.
Let's see how Forex Club vs FxPro compare side by side for commissions and fees.
We live in an accessible world these days. Therefore, your trading platform has to consider this. The ability to trade with the click of a button is essential and allows you to make trading decisions on the Forex Club and FxPro platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets.
Some brokers offer bespoke trading platforms, so if a particular broker does not offer the trading software you are looking for, their proprietary trading platform may be better. You must test this yourself with an Forex Club or FxPro demo account.
Trading on your mobile with Forex Club and FxPro can be very useful. Why is this? Well, the stock market sees market movement every second. If you are not near your desktop computer, you will probably be near and have access to your phone and Forex Club and FxPro mobile trading apps. This way, you can take advantage of all potential trading opportunities mobile trading with Forex Club or FxPro. For example, a stock might move to an all-time low when you are out. In this instance, having access to mobile trading with Forex Club or FxPro can help limit your risk and trade on the move.
If you own an iPhone, having an IOS Apple mobile trading app with Forex Club or FxPro is essential.
Likewise, if you have an android phone, it's crucial to verify if Forex Club or FxPro broker provides an app compatible with Android devices. If you use Microsoft Windows tablets or phones, you must also check if Forex Club and FxPro have trading apps compatible with your device.
A demo account with Forex Club or FxPro is extremely useful for people without trading experience. This way, you risk none of your money and test your trading skills in a safe environment. For people with next to no knowledge of trading, we recommend fully signing up with an Forex Club and FxPro demo account.
Forex Club Vs FxPro Micro Account
Micro accounts are trading accounts used by Forex traders that allow them to trade with smaller amounts of capital than standard trading accounts. Micro accounts require a smaller minimum deposit, usually ranging from $1 to $500, and offer smaller trade sizes than standard accounts, allowing traders to manage their risk more effectively.
If you need a micro account check if Forex Club or FxPro offer micro trading accounts in your region.
Overall, micro accounts provide a flexible and cost-effective way for Forex traders to enter the market and gain valuable trading experience while minimizing risks. However, traders need to remember that Forex trading carries significant risks, and they should always approach trading with caution and sound risk management strategies.
Forex Club and FxPro do not offer Micro accounts.
Forex Club Vs FxPro Standard Account
A standard account is available on Forex Club and FxPro to more experienced traders. This account allows users to trade on stocks, commodities, crypto etc. To open one of these retail investor accounts, users must trade with at least $100. Standard trading accounts are what the majority of people will seek to use.
Forex Club does offer clients Standard accounts, while FxPro does not offer clients Standard accounts.
Forex Club Vs FxPro MAM Account
A MAM (Multi-Account Manager) account is typically used by professional traders. It allows a trader to manage multiple individual trading accounts from a single master account, making it easier to execute trades and manage risk across multiple clients. MAM accounts can help streamline the trading process and improve efficiency for trader and their clients. If you need a MAM account check if MAM accounts are available with Forex Club or FxPro or alternative.
Forex Club does not offer clients MAM accounts, while FxPro does offer clients MAM accounts.
Forex Club Vs FxPro ECN Account
The primary purpose of ECN accounts is to provide traders with faster execution speeds and better pricing by connecting them directly to the market. ECN accounts allow traders to exploit the tightest spreads and access the deepest liquidity pools.
ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency. While they may not be suitable for all traders, those with the necessary experience and expertise can benefit greatly from using an ECN account.
If you need a ECN account check they are available with Forex Club or FxPro or alternative.
Forex Club does offer clients ECN accounts, while FxPro does not offer clients ECN accounts.
Forex Club Vs FxPro Islamic Account
An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. They are also referred to as swap-free accounts.
If you need a Islamic account check they are available with Forex Club or FxPro or alternative.
Both Forex Club and FxPro do offer clients Islamic accounts.
Forex Club Vs FxPro STP Account
Straight Through Processing or STP is where a requested client's trade orders are sent directly to the markets. STP brokers aim to reduce all conflicts of interest. STP is a non-dealing desk trading method aimed mainly at Forex traders.
If you need a STP account check they are available with Forex Club or FxPro or alternative.
Forex Club does offer clients STP accounts, while FxPro does not offer clients STP accounts.
Forex Club Vs FxPro Managed Account
A managed account is a type of investment account where a professional manager or investment firm is responsible for making investment decisions on behalf of the account owner. The account owner typically retains ownership of the underlying assets but delegates responsibility for managing those assets to the manager.
While some managed accounts require significant investment minimums to access the services of a professional manager, many brokers now offer variations of managed accounts that can be accessed with smaller investment amounts. It's important to note that the fees associated with managed accounts can vary widely depending on the level of service the manager provides and the investment strategy employed. Investors should carefully evaluate the costs and benefits of managed accounts before making an investment decision.
Forex Club and FxPro do not offer clients Managed accounts.
Forex Club Vs FxPro Withdrawal and Funding Methods
Forex Club and FxPro have multiple deposit and withdrawal options. Funding and withdrawing from your Forex Club and FxPro accounts to your chosen payment method should be straightforward. Lets see how Forex Club and FxPro compare with each other. Be aware that depending on your payment method, there may be additional processing fees from your payment provider or bank for processing and converting your funds. Not all potential fees will come from Forex Club or FxPro.
Paypal or Skrill, Credit cards, Debit cards, bank wire, ewallets, Neteller, Skrill, Electronic wallets (eWallets),
Bank, Wire Transfers, Credit cards, Debit Cards, Visa, Maestro, MasterCard, American Express, eWallets, PayPal, Skrill, Neteller, UnionPay
Credit cards, Debit Cards, PayPal, Wire Transfer, Neteller, Neteller VIP, Skrill, UnionPay, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, RapidPay, Klarna, Vietnamese Internet Banking, Online Digital Wallets, USDT (Tether),
Forex Club Vs FxPro Customer Support Compared
Customer support is essential when trading. Even professional traders will eventually need the help of Forex Club or FxPro support. Customer support is especially important for traders starting with little knowledge. If you are starting out, you will want to ensure the Forex Club and FxPro support is always available when needed. Forex Club and FxPro customer support is not just useful. broker customer support is crucial to your trading success!
Forex Club Vs FxPro Live Chat
Live chat is important for several reasons. When you encounter a problem with Forex Club or FxPro trading platforms, it is nice to know that the problem has the potential to be sorted out then and there. Also, speaking to someone live is much less frustrating than speaking to someone through several emails.
Forex Club do not offer livechat support. On the other hand
FxPro do offer livechat support.
Forex Club Vs FxPro Email Support
When trading CFDs, stocks, commodities, currencies, cryptocurrencies or any other financial instruments with either Forex Club or FxPro you will find Email support is also very useful. Sometimes you might have a more complex question requiring a specific part of the Forex Club or FxPro support team to answer satisfactorily. Email support with Forex Club and FxPro will be needed.
Both Forex Club and FxPro offer email support.
Forex Club Vs FxPro Phone Support
Although most queries can be resolved with the need of a phone call, it is nice when we can explain ourselves with a live human being at either Forex Club or FxPro. We can get straight to the point, saving us time and frustration.
Both Forex Club and FxPro offer phone support.
Lets see how Forex Club and FxPro customer support compare side by side.
Never trade on a market that is not sufficiently regulated. Only submit your bank card information or invest money on financially regulated websites. It would help if you made sure with certainty that your money is held with a regulated brokerage. Checking whether Forex Club and FxPro are regulated is not a hard task. The more reputable and mainstream brokers will proudly display their regulation certificates on their site, and if you cannot see that Forex Club or FxPro have these in place, please be extremely cautious before you proceed with them.
We compare Forex Club Vs FxPro financial regulation and licensing side by side below.
When trading with either Forex Club or FxPro you will want to understand and make full use of all the
risk management features on your Forex Club or FxPro trading platforms.
We compare side by side the trading risk management features offered by Forex Club and FxPro below.
Forex Club Vs FxPro Hedging
What is hedging? Have you ever heard of the expression 'to hedge ones bets'? Hedging means not speculating solely on
the outcome of one event, as holding all your assets in one place could be risky.
Hedging in finance means being able to trade to protect yourself from huge risks by limiting risk using diversification.
Hedging can be done, for example, by speculating on a stock to rise and against it to rise by using different amounts or different amounts of leverage.
Forex Club does not offer clients hedging, while FxPro does not offer clients hedging.
Forex Club Vs FxPro Stop Loss
Stop loss orders are very useful for more volatile investments, especially when speculating on a stock or Forex currency pair.
In a normal trade, you cannot lose more than what you invested, but this is not the case when you are using leverage.
Under these terms, it is always good to set a stop loss to protect yourself from any vicious results.
Both Forex Club and FxPro do offer clients stop losses.
Forex Club Vs FxPro Limit Orders
Every broker should allow users to place a limit order.
Limit orders are when you have the order to buy a financial instrument at a specific price.
Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price!
It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career.
Both Forex Club and FxPro do offer clients limit orders.
Forex Club Vs FxPro Negative Balance Protection
Negative balance protection is there to protect its customers. Customers need protection as trading can be volatile, and not everybody who invests knows the full consequences of their trade.
Negative balance protection works like this: Say you invest $50, but your trade can lose $125 because you have used leverage. You will need $125 available in your account to do this trade.
Negative balance protection is essential, as it would be unfortunate if you received an unexpected bill from a broker one day.
Both Forex Club and FxPro do offer clients negative balance protection.
We hope this Forex Club Vs FxPro guide has helped you decide who is best to trade with out of Forex Club and FxPro.
When choosing a broker like Forex Club or FxPro for trading, it's important to ensure your money is held in a segregated bank account. Your live trading funds with Forex Club or FxPro are kept separate from the broker's funds and can be returned to you if the broker faces financial difficulties or insolvency when signing up with brokers such as Forex Club or FxPro, it's crucial to verify that they offer this safeguard. By doing so, you can have greater peace of mind and confidence in the safety of your funds as you engage in trading activities with Forex Club or FxPro.
Also, before you sign up with online brokers like Forex Club or FxPro, make sure you know what you are doing. Simple advice, we admit, but we know from experience how many people decide to start trading and then ask questions later. Please know what you are doing with Forex Club or FxPro before investing money into something.
Beware of the risks that come with trading with Forex Club or FxPro. The financial markets can be volatile, and investments can go down and up. Educate yourself, and use all Forex Club and FxPro educational resources and financial research tools. If you are new to trading, sign up for a demo account with Forex Club and FxPro to find which suits you and your trading style.
Some of you might be thinking about what we mean when we say 'trading style'. Here are a few examples. A day trader using Forex Club or FxPro will look to open positions and close them on the same day. Day trading in this way will require a broker that specialises in this. To do this with some brokers would be a bad idea because of the commission and fees involved. Check if Forex Club and FxPro fees match your trading requirements.
Alternatively, you could be on the end of this scale and decide to wait years before you close your investments with Forex Club or FxPro if your investment strategy is more long-term.
Forex Club and FxPro Alternatives
If Forex Club and FxPro are not what you are not quite what you are looking for we list some of the best Forex Club and FxPro alternatives below.
Other Forex Club and FxPro Vs Comparisons
If you are still looking for an alternative to Forex Club and FxPro and want to see how Forex Club or FxPro compares Vs other brokers check out the Forex Club Vs and FxPro Vs list below.
Forex Club Vs Alternatives
Still not happy have a look at some of our alternative Forex Club Vs side by side comparisons below
We answer some of the most frequently asked Forex Club Vs FxPro questions below.
Is Forex Club any Good?
Knowing that a broker is legit is the first thing you should check before signing up with a broker.
Is Forex Club legit? - Forex Club are regulated by Cyprus Securities and Exchange Commission (CySEC)
and have been in business since 2008
Is FxPro any Good?
FxPro are regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) and have been in business since 2006.
Which is better Forex Club or FxPro?
Forex Club does not have a high rating, while FxPro does not have a high rating.
Is Forex Club a con?
Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) and have been in business since 2008.
Forex Club is most definitely not a con as they are regulated by major financial regulators.
Is FxPro a con?
FxPro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) and have been in business since 2006.
FxPro is most definitely not a con as they are regulated by major financial regulators.
What happens if Forex Club or FxPro go bust?
Forex Club and FxPro are regulated, which means that as part of their regulatory obligations Forex Club and FxPro have to offer a certain level of financial protection to their clients. Forex Club and FxPro should by law keep client funds separate from Forex Club and FxPro funds. If either Forex Club or FxPro goes bankrupt, they should not have access to your money. Customer accounts should be segregated. A financial services compensation scheme differs from country to country, so check this on the Forex Club and FxPro websites and regulators.
Are Forex Club or FxPro good for beginners?
Forex Club and FxPro offer low deposits and access to a selection of market insights and news resources. Both Forex Club and FxPro offer demo accounts. Demo trading accounts are a big plus for Forex Club and FxPro as it shows they are interested in their customers.