- Bank wire, debit card and credit card methods are provided for deposit and withdraw.
- However, I won’t say that FXClub is a scam as the parent company behind this broker is quite reputed and runs multiple brokers that hold proper licenses.
- “We can now offer our traders the option to trade with what is, in my opinion, the best and most widely recognized trading platform in the forex industry.”
- Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker.
- For instance, one of the first steps towards joining Forex Club is filling out a relatively simple application form that only takes a few minutes to complete.
- Regulated and licensed brokers have to follow the strict rules and regulations of their license provider which ensures that they won’t act against your interests.
At the time of writing this review we have to say, not very. Everything Currencies forex seems a little limited, and there is definitely a lack of information.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. After viewing FX Club’s neat homepage, we weren’t surprised to find that both registering for and using FX Club’s services were extremely easy.
And with constant conclusions, unpleasant situations happen to me a couple of times. The company refuses to withdraw funds and asks to provide a new copy of my documents.
You can earn up to $300 CPA per referred user who makes deposit and trades at Forex Club. The affiliate payouts are structured in $30 increments, which you get as your client reaches the minimum trading requirement barriers, up to a maximum of $300 per client. You can also make an extra 10% from the earnings of other affiliate managers. If you’ve had a bad experience with any forex broker, you can share your forex analytics experience below. It is a suspicious broker who provides contradictory information to its clients and doesn’t hold a license to operate as a forex broker. You should avoid them as there are plenty of better brokers available. September 15, 2011 (Newswire.com) -After much anticipation, Forex Club, an online foreign exchange brokerage firm, has released its MetaTrader 4™ trading terminal for client use.
Metatrader 4 Is The Trading Platform Used By Fxclub
We hand-verify each Forex Club coupon code on our site to ensure it provides a valid discount at PRtrend.org. FXpertos is a shady broker which hides its trading conditions from its users. However, it is an unregulated broker who doesn’t provide sufficient information to its clients and makes most of its vital information inaccessible. So, even though I wouldn’t say it’s a scam, I can’t trust this broker. It is quite suspicious when a broker does not specify its charges to its clients. The broker can use this to their advantage and charge you random fees to steal your funds. With unregulated brokers like FXClub and Mt. Cook Financial, this risk increases substantially.
Forex Club also offers the ExpressFX platform, a simple trading platform that is easy to understand for beginners and provides a relatively risk-free trading experience. As a result, Forex Club was awarded “Best Broker for Beginners” by Forex-Ratings and is considered one of the best in the industry.
Forex Club Forex Broker Description
In certain cases, we may receive a commission from brands you find on our website. and enter the code in the coupon code entry box during checkout. You will see either a confirmation message of your savings or an error if the code did not work. Over the past year, we’ve found an average of 0.6 discount codes per month for Forex Club. Financial Website – trading platform page layout and graphics designed by me. Financial Website – “online financial transaction website” to let users perform bank and credit card transaction with multi languages.
They demonstrate obvious fraudulent behavior, they do not want to pay money. In this case, Fxclub does not even return the deposit to me. I have been trying to withdraw funds from FxClub since 23 July. Each time the company requests more and more new documents.
Moreover, the verification period is always maximum – 5 working days. Worst of all, the documents that I sent are already requested. Dealspotr verifies, curates, and shares content and offers for brands we think you’ll love.
We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead. To learn more about how we forex broker power trend test and recommend brokers, read our methodology. Leading keywords bought by PRtrend.org to attract desktop traffic from search engines.
Fxclub Trading Conditions
Personally, I pulled out $ 500 last month, but I could have been more, but there was a slight glitch in the system. I hope this is an infrequent occurrence in this company. “FOREX CLUB” Group of Companies consists of a number of brokers, including “Forex Club” LTD. In 2010 “Aksom Trade” – the oldest company in the Russian Federation – became a member of this group. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
In 2018 the Central Bank of Russia had revoked Forex Club’s license due to repeated violations of national securities laws. The list of violations included false information in the company’s reports to the CBR, false accounting statements, and noncompliance to regulator’s directives. According to company representatives, after resolving certain formal observations, a new application was submitted to the Central Bank. To leave a review about FOREX CLUB, register on the Traders Union website or you can also leave a review through Facebook.
Companies Similar To Forex Club:
Our team has a deep digital knowledge and decades of experience working with a diverse range of clients. Our platform is robust, reliable and intuitive, with unique features designed to make managing data a piece of CAKE so you don’t need a digital translator to understand.
I did not notice any special differences from other companies. In order to make a conclusion, I had to make a thousand gestures and kick them constantly. It is clear that they want my money to be spinning there, but they also need to have a conscience.
Knoji verifies, curates, and shares content and offers for brands we think you’ll love. by a community member (and backed up with a screenshot from Fxclub.org proving that it works), so you rarely run into expired Forex Club promo codes on Knoji. And with FXClub, you get access to both MetaTrader 4 and 5. Along with these platforms, you also get access to the Libertex trading office, which is a good trading solution as well. Certainly, the trading platforms are quite an attractive section and impressed me the most. Forex Club has added the MetaTrader 4™ platform to its suite of trading tools.
Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. Trading such products is risky and you may lose all of your invested capital.
All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters. Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner participation programs.
Forex Club issues coupon codes a little less frequently than other websites. We check for new Forex Club codes frequently, so just check back this page to find the latest available Forex Club coupons.
Find out which are the main sources of desktop traffic for libertex.PRtrend.org. In 2010, the capital of Forex Club Financial Company, Inc. did not correspond to the licensing requirements. Company management explained that the license forex broker prtrend capital is frozen, and that the company was trying to keep it at the minimum acceptable level. According to the Vice President of Forex Club FС Piotr Tatarnikov, the main cause of capital decrease was the growth of client positions.