ForexClub (Forex Club LTD)

One of the oldest broker with experience. ForexClub is the broker with everything.

ForexClub

Forex Club has been active since 1997, and has got one of the oldest history as a broker.

Please note that the brokers with the same logo and similar names to “ForexClub” are not the same brokers, but they are partnered brokers.

The main broker “ForexClub” is registered in “St. Vincent & the Grenadines” and it is not regulated by any financial regulatory authorities.

Oldest History with experience

Since 1997, ForexClub has acquired many partnered brokers and the group in total is one of the biggest broker in the world.

There are many products and options for their traders.

One thing you should be aware of is that the broker does not support “segregated accounts” for your deposit funds. And as the broker is not regulated, you can’t claim for any compensations if there should be any troubles with the broker.

Despite the fact “No Regulation” and “No segregated account”, the customer service of ForexClub is quite helpful for traders.

Trading Info

ForexClub offers Forex, Cryptocurrency, Precious Metals, Energies, Commodities and Stock Index CFDs through 4 different popular trading platforms(MetaTrader4, Rumus, LiberteX and StartFX).

In terms of variety of products, ForexClub has got one of the largest numbers of instruments and trading tools.

There is no general trading restrictions, but it depends on the trading platforms.

Leverage is up to 1:200 and minimum spread is from 0.3 pips.

Some traders have reported that they have experienced profit cancellation by the broker, so you may want to make sure that you know the trading conditions before start trading with ForexClub.

Pros & Cons of ForexClub

Broker Details
CompanyForexClub
Forex Club LTD
RegulationNone
Founded in1997 (20 years)
Max Leverage500:1
USA clients Not Accepted
JPN clients Accepted
Country BaseRussia
Headquaters The Financial Services Centre, P.O. Box 1823, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines
Website Language
  • English
  • Russian
  • Chinese
  • Azerbaijani
  • Portuguese
Support desk
Phone number+1 877 737 6457
Supported LanguageEnglish, Russian, Chinese, Azerbaijani, Portuguese
Service Hour24/5
Phone Support Available
Live Chat Not Available
Callback Available
Japanese Support Not Available
Telephone Order Available

Trading Accounts (4 accounts)

Here are the details of all Forex trading accounts of ForexClub.

TitleStartFXRumusMetaFXLibertex
Account TypeForexForexForexForex
Trading PlatformStartFXRumusMT4Libertex
Minimum Deposit$250$$250$250
Accout CurrencyUSDUSDUSDUSD
Execution TypeDD
(Instant)
DD
(Instant)
DD
(Instant)
DD
(Instant)
Leverage200:1100:1200:1500:1
Spread TypeVariableFixedVariableVariable
Minimum Spreadfrom 0 pipfrom 3 pipsfrom 1.2 pipsfrom 0 pip
Trading Commission$4/per LotN/AN/AAround $3/per Lot
Minimum Trading Lots0.010.010.010.0001
Maximum Trading LotsUnlimitedUnlimitedUnlimitedUnlimited
Decimal Pricing5555
Margin Call %20%20%20%20%
Stop Out %20%20%20%20%
EA (Automated Trading)Not AllowerdNot AllowerdAllowedNot Allowerd
ScalpingAllowedAllowedAllowedAllowed
HedgingNot AllowerdNot AllowerdAllowedNot Allowerd
News TimeAllowedAllowedAllowedAllowed
PAMM/MAMN/AN/AAvailableN/A
Islamic (Swap Free)OptionalOptionalOptionalOptional
Interest on Marginup to 12% annuallyup to 12% annuallyup to 12% annuallyup to 12% annually

Hercules

Along with the $30 no deposit bonus, XM offers 100% deposit bonus to new traders.

Along with the $30 no deposit bonus, XM offers 100% deposit bonus to new traders.