Forex Club Review
The Forex industry is like a maze, once you find a good broker, you will be able to easily find your way out of it with profits. Forex Club is one of the most experienced brokers in the market with almost 20 years in the field, backed by great experts in the Forex market.
Forex Club was founded in 1997, in Vladivostok, Russia, as a multinational company in order to support and provide financial services to clients from all over the world. Today, the headquarters of Forex Club is located in Moscow, above that, Forex Club has more than 100 branches around the globe.
Forex Club group operates more than one Forex trademark in many countries like the Forex Club International LTD in ST. Vincent & the Grenadines, Indication Investments Ltd in Cyprus, Forex Club, LLC in Russia, Financial Company Forex Club Belarus Ltd in Belarus, along with the International Academy of investments and IT development centers across Europe and Asia.
Learn at Libertex review that, FxClub is a regulated broker by the Central Banks of Russia and Belarus, and CySEC, in order for clients to guarantee their funds are in safe hands.
Forex Club Broker Trading
FXClub is paving the way for clients to enter the world of trading stocks, currencies, indices, commodities and Crypto currencies. More than 110 popular stocks, including the most famous ones like Amazon, Google and Facebook; the most interesting Forex pairs such as GBP/USD, USD/CHF and AUD/CAD; Gold, Crude Oil, Silver are among other commodities available for trading on Forex Libertex and other platforms.
Lately, Forex Club broker has entered the world of Crypto trading to assist traders take advantage of the huge impact Bitcoin currency did in the financial world. Forex Club provides a number of Crypto currencies on its platforms that include BTC, BCH, BTC Gold, DASH, ETH and others.
At Libertex review, we are going to bring out all the pros and cons of Forex Club broker and how to use the Forex Club demo and the truth about FXClub scam.
Forex Club broker presents traders with more than one type of platforms such as: Libertex, Mobile platform, Forex Club MT4, MT5 and Rumus. Libertex is a global brand with nearly 20 years of financial market and online trading, that has won Forex Expo 2014 as the best trading terminal.
Clients can trade all the instruments on one platform without any hidden fees as Forex Libertex platform is featured with speed and simple, easy-to-understand interface at which clients can increase the investment growth rate from 2 to 500 times using the multiplier.
A Multiplier is one of the major tools in Libertex review that has the ability to increase trade's profit potential. It’s recommended that novice traders use a minimum multiplier, which equals 1, in order to prevent loss in case of the market’s volatility. Forex Libertex is similar to the Web-Trader platform other brokers offer, where there is no need to download or install any additional applications and three levels protection system.
Note in Libertex review that, the minimum deposit is only 10$ to take advantage of the trading features of Libertex. Clients can deposit funds in any currency and it will be accordingly converted to US Dollars. The min trade size at Liberex review is only 10$.
At Libertex review, keep an eye on the commission charged for performing transactions that depends on the asset traded and starts from 0.03%. At Forex Libertex, the broker offers a leverage up to 1:600 with market order execution. Forex Libertex also can be installed on Ios and Android phones with direct access to the best trading instruments from your smart phone.
Other platforms at Forex Club review
Forex Club MT4 has more than 100 trading instrument, where traders are able to open Forex Club MT4 accounts with one of two types of order executions, either MT4-Instant Execution where they can fully control the execution price or MT4-Market Execution with the market execution price.
Leverage at Forex Club MT4 is up to 1:500 with no minimum deposit required and 0.01 as a min lot. Note that, while trading on Forex Club Mt4 with Instant Execution, there are no commissions charged in opposition to MT4 with Market Execution where a commission of 0,04$ / 0,01 lot is deducted.
MT5, along with the Forex Club MT4 advantages, gives more trading orders such as Stop-limit and sell Stop-limit, extra technical indicators, economic calendar. The min trade size at the MT5 is only 0.1 lot and leverage up to 1:500 with hedging service allowed.
The Remus terminal offers an array of special trading conditions for professional traders who seek an alternative to the usual sort of trade, it allows clients to trade with a full set of instruments and market analysis. The diversity of platforms offered by the brokers denies the rumors of FXClub scam.
Forex Libertex Accounts
The types of accounts Forex Club broker offers, vary from the Silver one for simple trading and up to the Exclusive account for gurus along with Forex Club demo. Let’s have a look on these accounts in details in Forex Club review:
Silver account: With no min deposit required to register, this account is the ideal for beginners who seek a simple trading experience. Holders get news feed on the Forex Libertex or Forex Club MT4, daily analysis, Autochartist service, compensation for the deposit fee, no transfer fee between accounts, 24-hour customer service, SMS alerts in addition to introductory webinars / videos and basic educational course (introduction).
Gold account: Starts with 500$ as a deposit, holders get the same features as the previous account along with Trading Central service, investment ideas and educational course (main part).
Platinum account: The min deposit is 5000$ and gives the above mentioned advantages and also an indicator of participants sentiment, interest on deposits, trading systems and model portfolios.
Diamond account: The elite account where 50000$ is the min deposit. On top of the earlier quoted features, clients get personal assistant, direct line with the chief-dealer and the chief analyst beside the VIP support.
Exclusive account: As it’s called, clients get exclusive trading conditions with the min deposit starts from 500000$ to get individual approach to the system.
Notice in Libertex review that, holders of the above mentioned accounts get the free use of the Forex Club demo.
Forex Club Demo
In Forex Club review, upon registering an account, customers can immediately take advantage of the demo account. There is no much difference between the real account and the Forex Club demo, apart from the depositing part. It can be used without limits and gives the opportunity to try new strategies and get used to the Libertex and other platforms before trying the real account.
While using Forex Club demo, clients get to do all the order types as is the case with the real account, receive reports on transactions, news feed for free. Left to say that, the news feed on the Forex Club demo account comes with a 30-minute delay not as with the real trading account where news is issued instantly.
Bonus and Promotions
Forex Club broker offers its clients three types of bonuses to encourage them to trade. The one time welcome bonus that traders get when they trade at Forex Libertex which equals 100% of the first deposit.
The bonus account where clients can win real money out of it through promotions and competitions that can be transferred to the real account for trading. The third bonus granted by the broker is an interest of 9-12% on deposit in case their deposit exceeds 5000$.
The promotions of Forex Club broker include the popular Refer-A-Friend with a 300$ as a bonus for every referral and a 100% compensation on the fee collected by the payment systems.
Libertex Review Support
By reaching this point in Forex Club review, clients already know that FXClub is one of the most prestigious brokers. It presents customers with a great support service through various contact methods that include phone numbers, Email addresses, live chat, call back and contact forms on the site.
Forex Club website is available in Russian, English, Chinese, Spanish, Indonesian, Malaysian and Portuguese to be closer to traders whenever an issue arises.
The educational center of FXClub is not as good as the rest of the brokers, however, it grants client online courses, Forex Club academy, free seminars, FAQ, glossary, master class for beginners, Ebooks, educational videos. Forex Сlub academy presents textbooks, videos, test questions and tasks, course forums, Online seminars and professional courses, personal consultations and individual training.
In addition to that, Forex Club broker offers paid educational services such as seminars and signal service.
Schemers are in every corner of the Forex world, that’s why traders should be more careful while looking for a good broker. Is FXClub scam or legit?, actually, FXClub scam is not true, however, it has a number of disadvantages that may affect its good popularity such as the limited training resources, the paid courses, commissions and no scalping.
Except that, there is no evidence of the FXClub scam, clients should get in touch with the support service before registering an account to be assured of their safety.
Read Forex Club review intently to figure out every aspect of trading with the broker and if FXClub scam is true or false.