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Customer reviews for forex financial center dubai

Customer reviews for forex

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Using leverage by trading on margin is a common method forex traders use to control larger positions with a given amount of trading capital. This lets them amplify profits or losses and make more meaningful trades as a result. That also implies a leverage ratio of Bids and ask rates are laid out clearly and update every few seconds to give you the most accurate quotes possible.

From moving averages to the Ichimoku Cloud, you can use over 90 indicators to help inform your trading. You can even add multiple indicators to a single chart with just a few clicks. Once your account is open, you can link your bank account or debit card, fund your account and start making trades. Prefer to do your trading on the go? You can trade around the clock during forex market hours, speculate on currency pairs without taking delivery and use a leverage ratio of up to thanks to FOREX.

Lower-than-average dealing spreads and a comprehensive trading platform will delight the most experienced forex trader. No, but it is usually a good idea. Entering a stop-loss order will automatically close out your trading position if the market reaches a predetermined level that is worse than where it currently trades. This helps you avoid taking uncomfortable losses. Most charting software lets you view a variety of technical indicators to better analyze exchange rate movements and generate objective trading signals.

The most common forex charts are bar charts , line charts, point and figure charts and candlestick charts. Crypto investment has been a real hassle for me, after a failed investment during the pandemic, I decided to take the back seat and focus on increasing my knowledge about bitcoin and the crypto investments.

After consulting with marketplus There are a lot of scam brokers. I was ripped off of USD k. Stay vigilant and don't just trust any broker with doing your research. Read More. Forex trading is an around the clock market. Benzinga provides the essential research to determine the best trading software for you in Benzinga has located the best free Forex charts for tracing the currency value changes. Let our research help you make your investments.

Discover the best forex trading tools you'll need to make the best possible trades, including calculators, converters, feeds and more. Compare the best CFD brokers to find which one is best for you. Choose from our top six picks based on platform, security, commissions and more.

Compare the best copy trade forex brokers, based on platform, ease-of-use, account minimums, network of traders and more. Ready to tackle currency pairs? Benzinga's complete forex trading guide provides simple instructions for beginning forex traders. Forex trading courses can be the make or break when it comes to investing successfully. Read and learn from Benzinga's top training options. If you're beginning to trade, learning how to read forex charts is integral to your success.

We're taking a look at the primary charts you need to know. Benzinga is your source for anything Forex, and we're detialing the best forex books to read when trading in this profitable market. Learn more about trading forex and the 5 indicators to help you understand the forex market. Compare forex brokerages today. Compare forex brokers. Disclaimer: Please be advised that foreign currency, stock, and options trading involves a substantial risk of monetary loss.

Neither Benzinga nor its staff recommends that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. All information contained on this website is provided as general commentary for informative and entertainment purposes and does not constitute investment advice. Benzinga will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on this information, whether specifically stated in the above Terms of Service or otherwise.

Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation. CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Financial engineering has created many exotic instruments with the potential of generating considerable returns.

You also have full account management. Overall, if you are interested in web trading and still want access to a long list of products, including cryptocurrency, such as bitcoin, then the Web Trader should tick your boxes. This is because for active traders, the MT4 and MT5 platforms are easy to use, highly customisable and offer in-depth trading tools. Once you login you will find all the usual features, including heat maps, security screeners, historical data and more.

Expert advisors are also supported, for those interested in putting a trading robot to work on their behalf. The added bonus of opting for the MT4 download is that you can find a huge number of tutorials online to help you make the most of the platform. Finally, MetaTrader 4 login is made easy as you simply head over to the Forex. In fact, if you compare Forex. On top of a highly sophisticated platform, you benefit from tighter spreads. However, on the whole, this attracts more attention from institutional traders than your average retail traders.

Before we get into the details of Forex. The company was founded in and is now part of StoneX, who are regulated in numerous locations, including:. In fact, StoneX serves over , global customers. This history is important because it should negate concerns over scams, as Forex.

Before you sign up with Forex. The minimum initial account deposit is units of the base currency of your account e. Whilst you can find brokers offering lower minimum deposit requirements, you can also find some offering far higher, so Forex. Instead, they are compensated via the spread. When it comes to some of the largest forex pairs and shares, Forex. But the broker offers below average costs for index and commodity CFDs. The company has four different pricing models.

Which one you will fall into will depend on the type of account you hold and the volume you trade. Typical spreads range from 1. In , the company revised its commission model to reduce costs for stock traders. Overall, if you were to compare Forex. You can also trade on margin to capitalise on potential investing opportunities. However, this is effectively a loan which if not used carefully can amplify losses. The maximum leverage you can take out will vary on your account type and activity.

So head over to their website to use their margin calculator and find out what leverage ratio you can get. However, you can contact Forex. In addition, you can face steep rollover rates if you hold positions overnight. Fortunately for day traders, this cost should be easily avoidable. Unfortunately, Forex. In fact, there are currently no deposit bonuses or promotional codes available.

Having said that, this may change so keeping an eye on their official website is sensible. Once you open a Forex. Reviews show users are pleasantly surprised at the full trading capabilities, advanced charts and integrated trading tools. All apps have 26 indicators and 13 drawing tools. On top of that, scrolling between live quotes, charts and current positions takes but a few seconds.

On the side of the app, you can access support via phone or live chat. You will also find training videos within the app to help you make the most of their offering. User reviews particularly like the iPhone and iPad apps, where the sleek user interface really comes into its own. You can also easily view rates, market analysis and change your leverage from within the app.

Depositing and withdrawals can also be made from within the application. Once you sign up with Forex. There are multiple deposit and withdrawal options it is also worth noting that deposit options vary based on your location :. Note you can also wire funds to your account via Sofort Banking. Funding your account by any of the above means is quick and hassle-free. Despite a number of other brokers facilitating it, you cannot fund your account via Paypal once you have your account login details.

Head over to their website or their live chat support for detailed instructions on how to withdraw your funds. For most clients, there are two live accounts to choose from. Account requirements are the same, but with one you will use Forex. With both you can get margin varies by the entity the trader is registered with and almost all the same features. However, the MT4 account does not offer shares and has 4 fewer commodities.

You also have fewer order types and less ability to set user-defined price tolerance. Head to their website and follow the on-screen instructions to fill out the application form. Clients from some locations will also have access to the Forex. This is best for those generating significant trading volume. The advantage of this trader account comes in reduced pricing on standard spreads.

Customer reviews and ratings of the practice account offering are mostly positive. There is a practice account available on the Forex. You also get:. Tracking your progress is also straightforward, whilst finding user guides and research to help you improve is easy.

Once you are familiar with the markets and your confidence has grown, you can then easily close your demo account and upgrade to a live account. For example, the learning centre provides in-depth educational material. There are also interactive courses, complete with training videos to help you understand chart patterns and manage risk.

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With CFDs in commodities, indices and shares markets, for example, the minimum lot size can be substantially bigger compared to the FX market, and leverage can be restricted and limited. This Australian based broker offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity.

Established in IC Markets is revolutionizing the online forex trading. Traders are now able to gain access to pricing and liquidity previously only available to investment banks and high net worth individuals. Their mission is to create the best and most transparent trading environment for retail and institutional clients alike allowing traders to focus more on their trading.

IC Markets is dedicated to offering lower spreads, fast execution times and great customer support service. Our overall rating for IC Markets is a superb 4. So, there you have it, our introduction of the IC Markets forex broker.

We will use the data gathered from FXverify. IC Markets gathered so far customers reviews with an overall user rating of 4. It would be impossible to register here all the positive reviews from IC Markets happy customers. To try out this broker or to open a dedicated cashback trading account visit the IC Markets broker website. Tickmill claims to be the "new way" of trading. Tickmill offers direct ECN and exchange liquidity, among others.

Founded in , this forex broker is highly rated with fast trigger traders scalpers and those who use Expert Advisors and algorithmic trading systems. Our overall rating for Tickmill is an outstanding 5 out of 5. Again, we will use the data gathered from FXverify. Tickmill gathered so far 85 customers reviews with an overall user rating of 4. Curiously, out of these 85 reviews, not even one has a negative rating, so we had to dig deep to find out what were the negative points for this broker.

On the positive side, a crushing majority voted 5 out of 5 for Tickmill. We also found a few traders recommending Tickmill for high-speed trading and automated trading with EAs, as slippage was quite limited and they have an excellent runtime. To try out this broker or to open a dedicated cashback trading account visit the Tickmill broker website.

XM customers benefit from direct access to over financial instruments including forex and CFDs on precious metals, energy, commodities and equity indices, with transparent real-time pricing, among the lowest spreads, and flexible leverage. XM strives to provide its customers with a stable trading environment with all the necessary tools to enhance trading performance, including product innovation, trading platforms and personalized customer service.

Our overall rating for XM is a top 4. We will again resource to the data with the verified customer reviews from FXverify. XM has currently 88 verified customers reviews with an overall user rating of 4. Of these 88 reviews, we found only four with a negative rating, which represents a low 4. The four negative reviews for XM centred on the same and only aspect; the spread. And quite a few other traders were very pleased and happy with the maximum leverage still allowed by XM, that can be in some cases a unique , although we are not quite sure of that, as it seems that the official XM website is allowing, at least for European clients, maximum leverage of To try out this broker or to open a dedicated cashback trading account visit the XM broker website.

Established in , FxPro provides its clientele with opportunities to trade on major indices, commodities, metals and individual equities. Their client base primarily consists of retail traders but it is increasingly servicing institutional partners as well, with transactions exclusively being executed online. FxPro has made a concerted effort over the last few years to make transparency, not just a cornerstone of its business model but to encourage it in the wider FX industry, as one of the leading brokers in the market.

You can credit your trading account using several funding methods; Bank Wire, Moneta. Our overall rating for FxPro is a great 4. FxPro has currently 39 verified customers reviews with a total user rating of 4. Of these 39 verified customer reviews, we found only a couple less positive, representing a 5.

We then also found three more traders rating the broker with a neutral score 3 out of 5 also mentioning that the spreads were not competitive. Apart from the spreads, no other negative aspects were found. To try out this broker or to open a dedicated cashback trading account visit the FxPro broker website. Roboforex is the trademark of RoboTrade Ltd.

Roboforex provides its customers and partners with quality and reliable brokerage services using modern tools and technologies. It strives to satisfy the needs and wishes of their clients and provides them with reliable and affordable services of the highest quality with a personal and confidential approach. Our overall rating for Roboforex is an excellent 4. Time to see what we can find on FXverify. Roboforex has currently 42 verified customers reviews with a total user rating of 4.

Of these 42 verified customer reviews, we found only a couple of neutral reviews 3 stars out of 5 , representing a 0. Well, time to figure out what they are not happy about Roboforex. The current non-existence of negative reviews for Roboforex and its services is proof that this less-known player is stepping-up on its offerings to overcome its competitors and trying to become a key provider of forex trading services.

Still, the main chatter about this broker seems to be the lightening speed at which they process withdrawals to traders e-wallets, like Skrill, Neteller or Perfectmoney. Really good news for traders that want to withdraw their profits as quickly as possible. To try out this broker or to open a dedicated cashback trading account visit the Roboforex broker website.

Share the following link to refer others to this page using our affiliate referral program. Share this page! Academy Home. Forex Brokers. Financial and Forex Regulators. Benefits of Micro and Nano Lot Brokers. Learn Forex. How to Trade Forex: Step-by-step Guide. How Technical Analysis Works. How Fundamental Analysis Works. How Support and Resistance Works.

How Trend Analysis Works. The same or almost the same requirements apply to brokers everywhere. In order to avoid fraud, it is important to look for such a license. Licenses are only issued under certain conditions and criteria. If a broker violates these conditions, the license may be withdrawn immediately.

All tested companies of mine are always concerned to keep the highest criteria and guarantee a safe trade. Many brokers, for example, are regulated in Cyprus. This has tax advantages. Nevertheless, there are also forex brokers with more than one regulation. The various regulatory authorities can be seen in the table above. Another important point for serious trading is the security of customer funds. Payouts of winnings or the deposited amount should work smoothly.

It was not uncommon for some brokers to speculate on customer funds themselves. In the end, withdrawals were refused or delays occurred. Forex trading is managed by leveraged financial products. That means you are able to trade a bigger contract size than the amount of money in your account. Some brokers offer leverage up to Many traders are afraid of the obligation to make margin calls and this is not without reason as the past has shown.

Account balances could slip into the negative balance. This is possible due to extreme market situations and too large a position size in relation to the account balance. With the providers in the upper table, you are therefore protected against such a scenario. In our experience, this can only happen if the account is too heavily leveraged. You should always beware of sensible risk management. A demo account is essential for successful trading.

The trading column form and conditions can be tested extensively with this account. It is a virtual credit account that simulates real money trading. It can be traded without risk. This means that new strategies can be developed or new markets tested. The demo accounts of the compared providers are completely free and unlimited. This account is best suited for entry into forex trading. For most traders, the first deposit into their account is very exciting.

It should work smoothly and be highly secure. Forex Brokers offer well-known and proven payment methods. Capitalize the trading account with electronic methods credit card, e-wallet, PayPal, crypto or with the classic way of bank transfer. Electronic methods work in real-time and the money is credited directly to the trading account.

Trading can be started immediately. The minimum deposit at the compared brokers is very low. If this is worth it, you have to decide for yourself. There are no fees for deposits. The payout is also very uncomplicated.

With a few clicks, you can request a withdrawal on the menu. This is then released in working days. However, most brokers payout customer money in less than 24 hours. All presented brokers passed this test. The fees can be high for small payouts. Not every country is available for Forex Brokers and trading. This is because there are some restrictions and special regulations.

For example, in some countries, an international broker needs a special license for that specific country. So it is too much to afford for some companies to get the license and they stop taking clients from these countries. You can clearly see on the homepage which clients they accept.

Not many brokers accept clients of the United States of Amerika. From my experience, the fastest-growing countries are in Africa and Asia. Because of the development of the mobile internet, more people get connected to the forex market. India, Nigeria, the Philippines, Malaysia, and China are at the moment the fastest-growing countries.

Forex trading is fully legal if there is not any ban from the government. Forex trading is just changing money into another currency. This is not an illegal practice. The brokers on my review got official regulations so they act fully legal. On this page, we have presented you with our current list of the top 20 Forex Brokers in comparison.

Now you have a selection of good and reputable companies in front of you. It was particularly important to us that we only present providers here, which we have tested by ourselves with real money. This is not the case with most comparisons. Profit now from the most favorable fees and the best conditions by my experience of many years. We hope you could learn something in this comparison and act now with better providers through my recommendations.

Successful forex trading requires a good and reliable broker. In this review, we showed you the top 20 secure forex brokers. Now you can choose your professional trading partner. Last Updated on May 6, by Andre Witzel. Risk Warning: Your capital can be endangered. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors.

The information and videos are not an investment recommendation and serve to clarify the market mechanisms. The texts on this page are not an investment recommendation. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results. This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies. We may request cookies to be set on your device.

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You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain. We provide you with a list of stored cookies on your computer in our domain so you can check what we stored.

Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings. These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience. If you do not want that we track your visit to our site you can disable tracking in your browser here:.

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Here you can find the links to the reviews of all Forex brokers that are presented on EarnForex. If you are looking for the best broker , reading these reviews will help you do it. All broker reviews are linked from this page. Brokers are sorted according to the number of reviews they have received from traders. Upon visiting the page with the actual reviews of the specific broker, you will be able not only to read the reviews left by other traders, but you will also find the detailed information about this broker, including its rating.

You will also be able to submit your own review. Please keep in mind that the review process is anonymous and that the submitted statements express only opinion of the reviewer. The presented reviews and ratings do not represent our point of view. Forex Club also does not provide services in the countries marked by FATF as jurisdictions with high level of risk and the states under sanctions.

Verification is not mandatory on Forex Club. You can trade and perform financial transactions without confirming your identity. However, in some cases, the broker may request documents confirming your identity. In particular, you may be requested to provide the following types of documents:. Forex Club does not offer the option of uploading documents directly.

The broker may request them by contacting you via email. In this case, you will need to send photos or scanned copies directly via email. The company specifies that the verification requests can only be sent from email accounts with fxclub address. Forex Club offers its customers five types of accounts. They vary depending on the amount of your deposit and traded volume. The peculiarity of the broker is that the trading conditions change depending on the type of the trading platform you are using.

The account types allow only to gain access to specific analytical services, learning and support. For example, traders can use the services of a personal analyst on Forex Club, and also obtain access to direct communication with the chief dealer and chief analyst. These functions, however, are only available to the traders, who opened Diamond or Exclusive accounts.

Holders of Gold account receive access to Trading Central instruments, and users of Platinum trading account and higher can use market player mood indicator. Only the traders with the status Gold or higher can receive the full version of the basic learning course. Forex Club offers access to a demo account for its customers. This feature is free. The users are not required to set up an account on the platform in order to work with the demo account. The customers are provided a demo account on Libertex platform, while other platforms are available to the customers only on real accounts.

However, they may differ, depending on the chosen trading platform. You can learn about the conditions of different terminals in the Contract Specification section. Below is a short review of the conditions. The procedure of opening an account on Forex Club is elementary.

The first stage is providing registration information. Noteworthy, the registration forms differ in the Russian and English versions. When filling out the Russian-language form, you need to specify the following information:. In the English-language version, everything is even simpler. You need to only fill out two boxes:. To begin trading, you need to deposit funds on your account. The user is given the status of Silver account by default, but as soon as you deposit a certain amount, the status will change.

Right after the registration, you will see a Welcome screen, where Forex Club will offer you to deposit funds on the account. After you press Fund It, you will be redirected to the Deposit form. You need to:. The list of base currencies on Forex Club is quite limited. In particular, the following currencies are available for trading:. Overall, the list of base currencies on Forex Club can be called standard for the Russian brokers.

For example, Alpari offers its customers three base currencies. However, compared to Exness, Forex Club is lagging behind. Firstly, Exness supports 7 base currencies, including the world's popular currencies. Secondly, the broker has the support of cryptocurrencies, while FXClub does not. Forex Club offers a wide selection of deposit and withdrawal methods. The broker supports Russian and international payment systems, which enables traders from foreign countries to work with the broker.

The company allows to deposit and withdraw funds via a wire transfer. Also, Forex Club processes payments via electronic payment systems. The company works with e-wallets of six operators:. For Russian traders, the broker offers additional payment methods. In particular, Alpha-Click and Promsvyazbank online banking are available to the customers. Forex Club policy in regards to commissions and fees can be considered a drawback. Firstly, the broker charges deposit fees, which is a rare occurrence these days.

The broker compensates for the fees only giving the bonuses you cannot withdraw. There is either no withdrawal fee or a small fee. The exception is the wire transfer, where the fee is fixed and rather high. Forex Club offers about the same big number of options for depositing funds as Alpari, but also the level of fees for transactions is quite comparable.

Exness has fewer supported payment services, but the broker does not charge deposit fee. Forex Club offers its clients a wide selection of trading platforms. The broker primarily provides customers services via Libertex platform. In addition, Forex Club offers access to other trading platforms:.

The broker provides access to trading platforms for all types of devices, including online platforms, software for Windows and Mac PCs, and also Android and iOS applications. Forex Club offers special options for traders preferring automated trading.

In particular, the users can download trading advisors. You can also build your own trading bots. The trading conditions on Libertex and other trading platforms differ substantially. For example, the commissions on MetaTrader 4 are much higher than on Libertex, which could pose a problem for customers, who prefer classic trading platforms.

Forex Club has more trading platforms than its competitors in the Russian market. As for Alpari , the broker also has 4 trading platforms, but does not have a proprietary one. The MetaTrader 4, MetaTrader 5 and Rumus platforms of the broker are standard, without any modifications.

That is why we will review the Libertex platform in more detail. Unfortunately, the broker does not have a sophisticated security system. The account is accessed with login and password. Two-factor authentication is not available; there is also no secret question. Libertex trading platform looks as follows:. When setting up the chart, you can also choose the timeframe.

The company offers a choice of the timeframe from 1 minute to 1 month. You can also view charts in full screen mode. The broker offers 42 indicators for technical analysis and also 50 different drawing and template instruments. As for the choice of trading instruments, the broker offers an interesting solution. The instruments are categorized not only by types, but also by the movement of quotations. For example, the following categories are available:. There is also the Popular category, where you will find the most liquid trading pairs and trading instruments.

The list of trading instruments can be found in the right part of the trading platform. If you are interested in simple search by groups of instruments, you can choose them from the pop-down list All Instruments in the top right corner of the platform. There is also a Search option here, where you can search for currency pairs or CFDs by name or exchange ticker.

You need to select the amount and the lot. Also, you can set Take Profit and Stop Loss orders. On the right side of the platform, you can find information about your balance and opened trades. You can view your account balance, profit, funds in use. Also here, you can view the details on your active trades. In addition, there is Favorites menu here, where you can add the most interesting trading pairs or instruments.

Trade automation is another option Forex Club offers. The broker provides its customers an opportunity to trade using trading advisors. Forex Club offers analytics for the traders, but it is not very extensive. Traders can use them both on real and on demo accounts.

As for the fundamental analysis, the broker provides reviews of its own experts, information about the current key rates of central banks and also an economic calendar. However, there are generally not enough materials for a fundamental analysis.

There are no diagrams and analytical calculations, no analytics on specific assets. That is why analytical materials on Forex Club can be considered basic. Forex Club provides trading signals. They are fully free and are provided to users with any type of account, including the demo account. Trading Central provides the trading signals to the broker. You will find them on Libertex trading platform. To use the trading signals, you need to choose an asset on the platform with a corresponding mark — a megaphone sign.

Over the chart, you will see a button with the description of the trading signal. The options can be as follows:. By pressing a button, a menu of the trad will open. You will see a button Sell by signal with a downward or upward arrow. You will also see signal probability and signal profitability indicators. However, it is unknown, which indicators are used to make the forecast.

The News section can also be found on Libertex platform. The button is located in the upper part of the platform. The news for Forex Club is provided by third-party sources, including Investing. Noteworthy, the newsfeed is regularly updated. On average news items are published per hour, and even more than that during important events, press conferences, etc.

There is, however, one drawback. In particular, you can filter the news by assets. Forex Club also provides access to Libertex TV. News in the format of a short video review, around 1 minute long, are published here. The video reviews can also be found in the Libertex news section. Forex Club publishes market reviews on its website. The experts also publish announcements of the global events for the next day. Forex Club also specifies forecast accuracy of each expert.

The issue with the reviews is the same as with the newsfeed — it is impossible to sort the forecast by the types of assets. In addition, it is impossible to subscribe to the experts, which can also be considered a drawback. There is, however, a search by assets and company experts. Forex Club provides education for the beginners.

The conditions differ depending on the type of the account. The users that open Silver or Gold trading accounts receive only basic information, while traders with a Platinum or Diamond account will be granted full access to beginner courses. The organization provides both online and offline courses.

Forex Club, however, does not have educational blogs. In particular, the broker does not provide training in text format, does not have articles with reviews of trading strategies, etc. The company has a YouTube channel, but it is mainly dedicated to news reviews and technical analysis. There are very few educational materials there.

In the section, you will also find access to two types of courses — for beginners and for experienced traders. After pressing Learn More, you will be redirected to the Libertex platform, where the courses are published. The length of the courses is approximately 3 hours. They are divided into blocks, which include from 4 to 29 tutorials. The company regularly holds training seminars. They are held at the offices of Forex Club.

The broker has offices in over countries. Unfortunately, there is not much information about Forex Club seminars. The broker does not hold webinars. The contacts of customer support are known only for Russia and Ukraine, but the contacts of the offices in the CIS accounts, where the customer can seek assistance are provided. Noteworthy, Forex Club specialists respond rather quickly. After sending a request through the form, we received a response within 30 minutes.

There is also a feedback form. To access it, press the Assistance and Support button on the home page of Forex Club website. The contacts of technical support are not provided on the Forex Club website, except for Russia and Ukraine. However, there are addresses of the offices in the CIS countries. Below are the contacts of the offices located in the capitals of the countries:. Forex Club regularly has special offers and promotions for its customers.

As of the time this review was being prepared October , the company was offering two bonuses — one of the beginners and one for the customers that are already working with Forex Club. To use the special offer, a customer needs to deposit an amount from USD The maximum bonus is USD 10, The bonus is accrued to a special account and in order to withdraw it, you need to convert it into real money.

The bonus has to be converted no later than within 90 days. The broker is well suitable for the beginners, wanting to learn to trade Forex and CFDs. The broker offers learning materials, a demo account, and a wide selection of platforms to allow a beginner to choose the most suitable one. The company has offices in the largest cities of the CIS, where the educational courses are held, and where users can receive answers to their questions and resolve their issues.

You can work on Forex Club with small capital, as there are no restrictions on minimum deposit here. The broker encourages all types of trading strategies without limitations. Automated trading is also available. You can build your own trading bots, but this is available only to users with high status of the trading account. The biggest drawback of the company is that it does not have a license. In case of a disputable situation with the broker, you only can hope for its regulations, which is a very weak defense.

Overall, the broker will not be able to offer a sufficient diversity of trading instruments or proper legal protection of the capital to traders with big capital. However, it can be suitable for the users from the CIS countries, which are only starting their path in the financial markets, or have some experience, but not big capital. Risk warning: Trading Forex foreign exchange or CFDs contracts for difference on margin carries a high level of risk and may not be suitable for all investors.

There is a possibility that you may sustain a loss equal to or greater than your entire investment. Log in. Home » Rating Forex brokers ». Forex Club Review Open an account. Pros and cons Pros Cons year experience of operating in the financial markets. A good selection of trading terminals Good choice of currency pairs and CFDs Quick responses of the support team, many methods of means of communication Simple registration Bonuses for customers Low minimum deposit No brokerage license Low number of base currencies of the account No access to real stocks, commodities, indices Many options for analytics and learning are linked to the account types.

Brokers website. Author of the review Ivan Andriyenko is a financial expert and analyst. With 5-year experience of working in the financial markets. He also has experience of working on Forex, stock and futures markets. Good feedback Bad reviews. Real reviews of ForexClub Comments: 0 Leave feedback. I haven't noticed any problems yet.

I spent 1 hour there and learned a lot of new things, although I'm not a novice 4 years Comments: 0 Leave feedback. More reviews. Both positive and negative feedback can only leave authorized users. Country Percentage of customers Russia Commissions and fees. Pros Cons Low commissions on Libertex account on the majority of available markets No commissions on passive strategies Beneficial Forex and CFD trading No inactivity fee charged Compensation of payment system fees on deposits Commissions on CFDs on stocks are not universal, ranging from zero to high.

Different approaches, sometimes rather confusing, are applied to charging commissions on different types of accounts. On Libertex platform - 0. Apple 0. Withdrawal fees are only those charged by payment systems.