Forex Club Review

Overview

The Forex Club is one of the oldest Forex brokers in the world. Founded in 1997, for 19 years of its existence, the company has evolved into an international Forex corporation, working with clients from over 130 countries worldwide.

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Details

Broker Forex Club
Website URL www.en.fxclub.org
Founded 1997
Minimum 1st Deposit $200
Free Demo Account Open Demo
Account Types MT4-Instant, MT4-Market, MT4-Libertex Manager
Account Currency USD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score 9.7/10

Full Review

The Forex Club is one of the oldest Forex brokers in the world, a group of companies providing online trading services on the Forex market. Founded in 1997,  for 19 years of its existence, the company has evolved into an international Forex corporation, working with clients from over  130 countries worldwide.

Since 2010, they have began the development of an investment platform based on Akmos Trade subsidiary. In early 2013, it was merged into Forex Club parent company and it made a significant change, making it a convenient and well-understandable for investors and traders. Today, the Forex Club includes a large number of executives with a significant amount of investment.

The Forex Club offers services of Internet trading on the Forex market, as well as CFD (contracts for difference in stock prices, commodities, indices and so forth.), as well as programs to educate customers in more than 130 countries.

The structure of FOREX CLUB has a number of financial companies and educational institutions, including: the International Academy of investment and trading, FOREX CLUB International Ltd. In 2010, a group of companies FOREX CLUB acquired an oldest Akmos Trade broker.

The company is quite different from the majority of Forex brokers for the extensive branch of networks on the basis of which the basic and advanced training for traders is being made. The company is characterized by the presence of own trading terminals and RUMUS2 StartFX, but apart from that,  there is a possibility to trade through the standard for Forex, the MetaTrader terminal.

 

Reviews of Forex Club

Looking online for any serious claims to the company Forex Club, we have found a few negative reviews from  novice traders that are trying to shift responsibility to the broker for the actual deposit loss.

Quite a lot of positive feedback come from those who had completed the training on the Forex market at the Forex Club.

The negativity is not much shown from the competitors, we think this is due to the fact that most of the customers of the company are trading in the Forex Club proprietary trading company terminals, rather than in Meta Trader and the main number of people are coming for learning and only then becomes traders. If to talk about investors, the Forex Club reviews as positive.

Regulator

The Company FOREX CLUB is registered in the British Virgin Islands at the following address: INTERNATIONAL LIMITED, Road Town, Tortola,British Virgin Islands, I.B.C. Number: 597332.

Regulatory Organizations: KROUFR, CySEC and CRFIN

 

Investing in the Forex Club

The main income of Forex Club company comes from traders.
Besides the PAMM system at Forex Club, there are other interesting investment instruments.
The official website of Forex Club offers the investor to invest in such instruments:

  • Metals: Gold, Silver
  • Currency
  • Managing trader
  • Stock indices
  • The investor simply invests in equities
  • Managing Trader – these are PAMM accounts of Forex Club
  • Minimum deposit $ 100 in any of the control, but the minimum top-up in the Forex Club – $ 200.

Forex Club PAMM account:

1) Distribution of remuneration on investment income – 90% of investors and 10% of control. The losses are on the inverter, completely.

2) Multipliers risk PAMM accounts Forex Club.

3) It is possible to put an automatic stop when the investment you have entered reached the percent of loss or interest income.

4) Detaching investment in PAMM account at any time. That is, you can withdraw money from the PAMM account at any time.

 

Deposit and withdrawals

Deposit / Withdrawal Forex Club in can be done the following ways:

  • Bank transfers
  • Qiwi
  • Payment terminals
  • Yandex money
  • WebMoney
  • Skrill (Moneybookers)
  • Mobile payments MTS, Megafon, Beeline, Tele2

We found also the Skrill option from the list of input methods funds to Forex Club. This can be considered a good sign in reputation of Forex Club.

When you enter assets is automatic “compensation payment systems commissions”. That is, if you enter a fundsvia RBK Money with a commission of 3%, in this case, the company will add an additional 3% on your bill.

 

Conclusion

According to the information found, and after a complete analysis of users feedback, facts  and long-term performance of the Forex Club company, we can confidently say that the Forex broker is the the oldest representative of the Forex brokers in the world. Keeping a good reputation for decades, the Forex Club deservedly has become one of the main elements in the Forex for the millions of investors to trade, the company offers excellent conditions for study and work, and a great experience, useful for everyone.

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