FOREX CLUB Review

FOREX CLUB
6 types of bonuses
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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

BrokerFOREX CLUB
Website URLwww.fxclub.org
Founded1997
Support TypesChat, Phone, Contact form, Email
Minimum 1st Deposit$200
Bonus6 types of bonuses
Leverage1:10 - 1:500
Spreadfrom 0.00004 points
Free Demo Account Open Demo
Account TypesMT4-Instant, MT4-Market, MT4-Libertex Manager
Deposit MethodsCredit / Debit cards, Bank transfer, Yandex.Money, Webmoney, etc.
Withdrawal MethodsCredit / Debit cards, Bank transfer, Yandex.Money, Webmoney, etc.
Types of AssetsEquities, Indices, Currencies, CFDs, Metals, Resources, Cryptocurrencies (Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Dash, Ripple)
Account CurrencyUSD
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score9.7/10

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, the company has evolved into an international Forex corporation, working with clients from over 130 countries worldwide.

In 2010 the FOREX CLUB began the development of an investment platform based on Akmos Trade subsidiary. In early 2013, the platform was merged into the FOREX CLUB parent company; this significant change was convenient and 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 the FOREX CLUB includes a number of financial companies and educational institutions, including the International Academy of Investment and Trading and FOREX CLUB International Ltd. In 2010, the FOREX CLUB acquired Akmos Trade, the oldest Russian broker.

The company is quite different from the majority of Forex brokers due to its extensive branch of networks on the basis of which it offers basic and advanced training for traders. The company is characterized by the presence of its own trading terminals and RUMUS2 StartFX; apart from this, it offers the possibility to trade through the standard Forex terminal, the MetaTrader terminal.

 

Reviews of FOREX CLUB

Looking online for any serious claims about the FOREX CLUB, we found a few negative reviews from novice traders that were trying to shift responsibility for their deposit loss to the broker.

Quite a lot of positive feedback comes from those who completed training on the Forex market at the FOREX CLUB.

The company’s competitors don’t have many negative things to say about it; we think this is due to the fact that most of the company’s customers trade in the FOREX CLUB proprietary trading company terminals, rather than in MetaTrader. The majority of people come here to learn and only then becomes traders. If ones talks to investors, the FOREX CLUB receives positive reviews.

If we find complaints about FOREX CLUB, we will post it on social media. Follow us to be well informed:

 

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 the FOREX CLUB company comes from traders. Besides the PAMM system at the FOREX CLUB there are other interesting investment instruments. The official website of the FOREX CLUB offers the investor the ability to invest in such instruments:

  • Metals: Gold, Silver
  • Currency
  • Managing trader
  • Stock indices
  • Equities
  • Managing Trader – these are PAMM accounts of the FOREX CLUB
  • Minimum deposit is $100 to any manager, but the minimum replenishment in the FOREX CLUB is $200.

The FOREX CLUB PAMM account:

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

2) Multipliers help manage the risk of PAMM accounts in the FOREX CLUB.

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

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

 

Deposit and withdrawals

Deposit into/Withdrawal from the FOREX CLUB can be done in the following ways:

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

We also found Skrill as an option on the list of methods to deposit funds into the FOREX CLUB. This can be considered a good sign for the reputation of the FOREX CLUB.

When you enter assets there is an automatic «compensation payment systems commissions». That is, if you enter funds via RBK Money with a commission of 3%, in this case, the company will add an additional 3% onto your bill.

 

Conclusion

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

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Reviews

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