| Forex broker | |
|---|---|
| Website | |
| Social media | |
| Date of foundation | 1997 |
| Head Office | The Financial Services Center, P.O. Box 1823, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines |
| The owner of the company | Forex Club International Limited |
| Types of support | Chat Feedback form on the site Telegram Viber Facebook Instagram VK Twitter |
| Support by phone | |
| Languages | Russian, English, Spanish, Chinese, Malaysian, etc. |
| Terminals | MetaTrader 4, WebTrader, Libertex, MetaTrader 5, Rumus |
| Min. first deposit | From 1 USD |
| Broker fee | $0.2 for each 1000 transaction volume |
| Bonuses | |
| Leverage | To 1:500 |
| Spreads | From 0 points |
| Free Demo Account | |
| Adjustable | Yes |
| Regulators | CySEC№ 164/12 NB RB№ 192580558 |
| Types of accounts | Demo, MT4-Instant, MT4-Market, MT4-Libertex Manager |
| Transaction volume | 0.01 lot |
| Execution of orders | Instant Execution (exact execution), Market Execution (at market price) |
| Methods of replenishment | Moneta.ru, Neteller, Qiwi, Webmoney, Alfa-Clik, Bank Transfer, Beeline, Promsvyazbank, Bank Card (Visa/MC), Mobile Payments, UMoneu |
| Withdrawal methods | Neteller, Qiwi, Skrill, Webmoney, Wire transfer, Mobile transfer, Bank card (Visa/MC), JuMoneu |
| Number of assets | 100+ |
| Types of assets | Currency pairs Precious metals Cryptocurrency Stocks CFD Oil |
| Account currencies | USD |
| Liquidity providers | Barclays, Citibank, Credit Suisse, Commerzbank, HSBC, J.P. Morgan, Morgan Stanley, UBS, Nomura Bank, Lucid Markets |
| Mobile Trading | |
| Weekend trading | No |
| Tournaments / contests | Yes |
| Trader training | Seminars and courses for traders |
| Contract Difference Commission | Yes |
| Swaps | Yes |
| PAMM trading | Yes |
| Analytics | Market review, economic calendar |
| Margin Trading | Yes |
| Affiliate Program | RegistrationPercentage of referral transactions |
| Benefits | Profitable and comfortable trading conditions Reliable and secure terminal Training and analytics Bonuses and contests Affiliate Program License Simple withdrawal of earnings |
| Disadvantages | Technical failures |
| Company requisites | Legal name: Forex Club International Limited Legal address: The Financial Services Center, P.O. Box 1823, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines |
| Date of update | 21.09.2022 |
| Overall assessment | 8.3/10 |
Forex Club is it a scam? Reviews and description
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.
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.
Отзывы
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Rate the review 000Real about "Libertex-Forex"
A negative review for beginners, but no sweeping accusations. For those who know at least a little about trading. The undisputed advantage of the Libertex platform — «Forex», is the ability to change the value of the multiplier (i.e. the speed) in the course of an ongoing transaction. To accelerate… Read more
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Rate the review 000unrealistic spread
the spread on eur nzd increased sharply to 2000 pips on 15.7.22!!!
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Rate the review 0-11It's a pyramid scheme
Don’t be fooled. You will be robbed. You won’t get your money back. They don’t have a license, they use prohibited financial instruments. They are common crooks. They should be in jail.
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Rate the review 0+11Eternal problems with the withdrawal of funds
Eternal problems with the withdrawal of funds. Two or three times a day they block requests for withdrawal, allegedly SB found my transaction suspicious! Now they have some kind of crazy withdrawal, they only left bank transfer. But you can deposit by any method)
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Rate the review 0+30Hello all! I do not know where...
Hello all! I do not know where to write for help. the company forexclub or libertex acted with me as scammers. my balance was adjusted on the basis that supposedly i had an account opened earlier and the contract was terminated, they say i opened it again and therefore adjusted the balance. i received… Read more
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Rate the review 0+20I will start with the fact that...
I will start with the fact that this kitchen has nothing to do with the stock exchange and in particular to direct trade!!! Quotes fake or as they say approximate!!!
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Rate the review 000I was a client of the Belarusian...
I was a client of the Belarusian financial company Forex Club.
This firm is a «native brother» of Forex Club LLC, which was closed in Russia.
This «Forex Club. Club» in Russia was deprived of its license in December 2018 for numerous violations of the legislation of the Russian Federation.
Belarusian… Read more -
Rate the review 0+10Forex Club was kicked out of Russia...
Forex Club was kicked out of Russia and a number of other countries for criminal actions. In spite of this it accepts and has clients from Russia. I am from Russia. The Forex Club company deceived me by giving me false information. And robbed me of a large sum of money. If you need proof, I can provide… Read more
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Rate the review 0+10All the money was paid to me...
All the money was paid to me today. Both entered and earned. The accounts were blocked.
The situation was resolved safely, of course, only a small negative residue was left by the fact that it took a long time and my profile was instantly blocked in the FC communities of all social networks.
But my «epic»… Read more -
Rate the review 0+10Hello! I still haven't received my money!!!
Hello! I still haven’t received my money!!! This is a nightmare! It’s an outrage!!! Since February 18, I have been asked for one document a week and they are supposedly «checking» it!!! A whole week they are checking one document!!! The money is tied up in forex club! Do not mess with these guys: You… Read more
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Rate the review 0+10On Tuesday I made a request to...
On Tuesday I made a request to withdraw part of the funds from the account. The application is canceled and immediately comes a request for documents (the most interesting thing is that I have already provided these documents when registering, several months ago). I submitted the documents immediately… Read more
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Rate the review 0+10Who had problems with Finam broker (transactions...
Who had problems with Finam broker (transactions you did not make and other violations) There is a lawsuit and gross violations on clients’ accounts were revealed. Finam is providing incorrect reports to clients. Here I have experienced broker fraud as well. So if anyone would like to get their money… Read more
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Rate the review 000They come up with quotes that didn't...
They come up with quotes that didn’t exist. No arguments, commissions, etc. helped. I presented them quotes from Bloomberg and other brokerage companies, including banks, the snot forex club differed by 5 rubles!!!!! and they cheekily plundered the deposit, the story I posted with screenshots on various… Read more
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Rate the review 0+20How many good reviews have been bought))
How many good reviews have been bought)) The fact that not everyone gets screwed, or you haven’t been screwed yet, is not a good experience of working with them. «FOREX CLUB is registered at The Financial Services Center, P.O. Box 1823, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines.»… Read more
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Rate the review 0+10Today without warning changed the positive swap...
Today without warning changed the positive swap of short positions XAUUSD to negative, now every day I will unpleasantly pay 3 bucks, I did not count on it
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Rate the review 0-20I have tried working with Alpari, instaforex
I have tried working with Alpari, instaforex, olymp, forexclub and many others for 8 years. I started with forexclub and still do. At Alpari, in principle, a similar worthy broker, but with the withdrawal at the weekend is already a problem, the commission on input, (at forexx it is completely compensated… Read more
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Rate the review 000I am still thinking, I read reviews...
I am still thinking, I read reviews and everything is different for everyone. I read somewhere, do not invest or transfer money if you do not know people or have not seen them in reality. I have experienced it firsthand, I just do not know.
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Rate the review 0-20I have been working with the company...
I have been working with the company since 2015. To be honest, the first deposit was lost because of my own stupidity. After that I took the question more seriously. I was trained by the company, both full-time and distant. Fortunately, FC has a lot of means for educating traders. Worked on a demo account… Read more
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Rate the review 0-20The main thing is that the money...
The main thing is that the money is withdrawn in time and without unnecessary questions! So that’s 5 +.
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Rate the review 0-20I work with this company since 2016...
I work with this company since 2016 and there has never been a fraud! The money is withdrawn quickly and without deception at the rate of the company.If there are plums, then only by their own mistakes! You can always train on the demo before you work for real!
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Rate the review 0-30
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Rate the review 0-10Cheaters and swindlers! They simulate stock quotes
Cheaters and swindlers! They simulate stock quotes, drawing so that sooner or later you will sell your deposit! Scoundrels!
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Rate the review 000The license of some financial commission does...
The license of some financial commission does not add any solidity to the broker.
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Rate the review 0-10I have been working with FC for...
I have been working with FC for a long time. Svetlana writes about the deposit of $200, but now it is no longer there. I have been working with FK for a long time. I liked the execution of stop orders in the company, at the time I was comparing, I thought that there was too much slippage in FC. My withdrawal… Read more
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Rate the review 0-10What's good about them is the minimum...
What’s good about them is the minimum deposit of 200 North American rubles. Most people now want 300, ideally, and they don’t want anything less. And so the company has been in business for a long time, which means that everything should be even.
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