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Forex Club Review

Forex Club Review

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FOREX CLUB GENERAL INFORMATION

Foundation: Forex Club was founded in 1998 and went online in 2006

Headquarters: Forex Club is based in New York, USA

US Residents: Forex Club welcomes traders from the US –No-

Islamic Accounts: Forex Club supports Islamic Accounts –Yes-

Regulated: Forex Club is regulated by CFTC, NFA, and FFMS

Languages: Forex Club website supports 11 Languages

FOREX CLUB TRADING INFO SUMMARY

Broker Type: No Dealing Desk (NDD)

CFD Trading: Yes

Platforms: Forex Club Offers MetaTrader 4, ACT Trader, StartFX 2, and Rumus

Trading Time Zone: GMT

Demo Account: Forex Club is providing a Demo Account –Yes-

Typical Spread EUR/USD: Forex Club spread on EUR/USD is 0.6 pips

Leverage: Leverage at Forex Club can be up to 1/30

Scalping: is forbidden at Forex ClubNo-

Bonus/Rebate: Forex Club offers a Bonus of up to 200 USD

💱 TRADING ASSETS

FOREX CLUB TRADING ASSETS

Forex Club is providing a wide variety of trading assets:

■ 22 Forex Currencies for regular accounts and 50 currencies for MT4 accounts

■ Commodities

■ CFD Trading Assets

■ Several Indices

■ Stocks

TRADING COMMISSIONS & CAPITAL LEVERAGE

FOREX CLUB SPREAD & TRADING COMMISSIONS

■ Forex Club Spread on EUR/USD is from 0.6 pip (VIP accounts) to 2 pips (Mini Accounts)

■ Forex Club Commissions are $0.4 / $1,000

■ Leverage at Forex Club can be up to 1/30

TRADING PLATFORMS & MOBILE APPS

FOREX CLUB DESKTOP & MOBILE PLATFORMS

Forex Club is offering a wide variety of trading platforms.

Online Platforms include:

1) MetaTrader 4

2) ACT Trader

3) StartFX 2

4) Rumus

■ Scalping is forbidden at Forex Club

■ A demo account is available at Forex Club

MOBILE TRADING

Forex Club supports iPhone, iPad, and Android mobile devices

ACCOUNT INFORMATION

Forex Club Minimum Account:

The minimum deposit for a mini account on Forex Club is 200 USD, and for a VIP account, the minimum deposit is 50,000 USD.

Forex Club Deposit Methods:

■ Credit and Debit Cards

■ MoneyBookers

■ Bank Wire

Forex Club Withdrawal Methods:

■ Bank Wire

BONUS & REBATES

Forex Club offers Bonuses up to 200 USD

 

🏁 At a Glance

Forex Club is an NDD Forex broker that offers a wide range of trading platforms, a good selection of trading assets, and relatively low spreads. CFD trading is available, and the MT4 account includes 50 Forex currency pairs. The minimum deposit required is just $200, and US traders are welcome.

 

⚖️ FOREX CLUB PROS AND CONS (According to competition)

FOREX CLUB REVIEW CONCLUSIONS

FOREX CLUB PROS

FOREX CLUB CONS

√ Low Minimum Deposit

√ A wide variety of Trading Assets

√ US Traders are welcome

√ Powerful Customer Service includes Phone and Live Chat, and Skype

X Scalping is Forbidden

X Withdrawals only by Bank Wire 

 

CONTACT INFORMATION

Forex Club Main office:

Forex Club LLC.

120 Wall Street, 16th Floor, New York, NY 10005,

United States

US Toll-Free:

1-800-881-3809,

 

 

■ FXCLUB REVIEW

TradingCenter.org

 

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