About its history and mission
Forex Club is a well-established global forex and CFD broker that has been in operation for over a decade. Founded with the goal of providing accessible and reliable trading services, Forex Club has evolved into a trusted name in the trading industry, offering competitive spreads and innovative platforms for retail traders worldwide.
- Founded
- —
- Headquarters
- Address
- Website
Strengths and Weaknesses
Strengths
- best trading conditions for novice traders;
- a wide range of financial tools: currency pairs, indices, futures, stocks, cryptocurrencies;
- the ability to choose the optimal leverage up to 1:1000;
- a wide range of deposit and withdrawal methods;
- always updated analytics and the informational section "Education".
- You need to register to the official website to study the affiliate program conditions;
- temporary trading terminals malfunctioning;
- there is no detailed glossary on the site.
Weaknesses
Safety and Regulations
Forex Club is regulated by multiple financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) in the Seychelles. This regulatory oversight ensures that the broker adheres to strict guidelines, providing clients with a secure trading environment. Forex Club adheres to industry standards by segregating client funds from operational funds, ensuring that client assets are protected. Additionally, the broker offers client funds insurance, providing further peace of mind to traders.
Regulators
- The Financial Commission
Instruments Available
Types of Accounts
Libertex
- Minimum deposit
- $0
- Commission
- 0.00003
- Available tools
- 0
- Leverage
- 1:1 to -
- Margin call level
- 100
- Stop-out level
- 50
МТ4
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 1:1000
- Margin call level
- 100
- Stop-out level
- 50
МТ5
- Minimum deposit
- $0
- Commission
- 0.0
- Available tools
- 0
- Leverage
- 1:1 to 17:40
- Margin call level
- 100
- Stop-out level
- 50
Fees and Charges
Forex Club offers competitive spreads starting from 0.1 pips on major forex pairs. Commissions may apply depending on the account type and the asset being traded. Traders are encouraged to check the terms for each instrument before placing a trade. Swap rates are charged for positions held overnight. The rates depend on the currency pair or instrument being traded, and they can either be positive or negative. Traders should review the swap rates for each asset before trading. Forex Club charges an inactivity fee on accounts that have not been used for a certain period of time. This is a standard practice to maintain account security and ensure that unused accounts are not left open unnecessarily.
Trading Platforms
Customer Support
Contact information not available. Visit the broker’s website for support options.
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
Is the broker regulated?
What trading platforms are available?
What is the minimum deposit required to open an account?
What types of accounts does the broker offer?
What fees and commissions are charged?
What is the maximum leverage available?
Are demo accounts available?
How can I contact customer support?
Users reviews
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