For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them.

That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them.

If you do not know where to start, reach for us at [email protected] and we will help you with this step as well. Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened. If you fallen victim please leave a review and a comment on this site at the comment section.

Making the Forex Club review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Forex Club review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].

If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below. Save my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email. This site uses Akismet to reduce spam.

Learn how your comment data is processed. Home Forex Brokers Auto Trader Scams Televisions Advertising Contact. Personal Reviews. Sign in. your username. your password. Forgot your password? Get help. Privacy Policy. Password recovery. Below is an in-depth review of FX Club to help you make an informed decision before opening your account or trading on their platform.

Forex Club is an online Forex and CFD broker and one of the first retail forex brokers to emerge in the online brokerage industry. Forex Club Libertex has multiple brands and entities. Through these brands, the group offers forex and CFD traders access to 44 currency pairs and CFDs via its proprietary Libertex platform and the popular MetaTrader4 platform. The firm also offers the Rumus platform at some locations, providing fixed spreads on forex, in addition to variable spreads on other platforms.

FX Club is known under the Forex Group of Companies Forex Club Group , which consists of multiple entities including several that use the FX Club, Forex Club, and Libertex brand names.

FX Club is a Russian company founded in located in St Vincent and the Grenadines. Other entities include Indication Investments Ltd regulated in Cyprus, Forex Club LLC, and FC Forex Club BY regulated in Belarus. Operating since , Libertex Group is an international, trustworthy brand with more than 20 years of financial market and online trading experience. Each Libertex client is treated with special care and offered a variety of high-speed, reliable, cutting-edge technology platforms to choose from.

The company serves clients in over countries around the globe. As a leading company in the forex industry, FX Club had won over 30 prestigious awards worldwide. It includes, among others, the Best trading app and Best crypto-currencies broker in and A forex account is a trading account held by a trader with a company like FX Club, that is issued with the primary purpose of trading through its platforms. The number and type of accounts that a trader can open with a broker company usually differ according to the country in which the brokerage operates, the country of residence of the trader, and the regulatory authorities under whose jurisdiction it operates.

This virtual money sport real-time prices and trading conditions. It can be used for a period of 30 days. FX Club uses the Direct Bank Access DBA model, which means it connects directly to the forex market.

Through this method, traders get the best execution quality of transactions and spreads and pricing for some of their account types except for the instant execution accounts, Libertex, MT4 instant, and MT5 instant.

The process to open an account can be started from links on the company homepage. It is an easy process and takes only a few minutes by following three easy steps. After you have registered your account, you log in and fill out the personal information and go and create an account in the My Account section.

You can create both trading and demo accounts. Deposits into a trading account can be made in the following currencies RUB, USD, and EUR, and using several banking methods. FX Club does not require a minimum deposit on any of its account types.

Currencies allowed to fund accounts are RUB, USD and EUR. Withdrawals are usually done within a few hours except for bank transfer which takes 2 — 5 days to reflect in your account.

The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move. One pip is 0. The amount of money required in your account to open a position is called the margin and is calculated according to the current price of the base currency against USD, the size volume of the position, and the leverage applied to your account.

The level of commissions depends on the asset being traded and the type of service offered by the broker. Execution-only brokers, which do not involve in personal investment advice and give traders complete control over how they trade the markets, usually charge lower commissions.

While contract for differences CFDs trading is a form of derivative trading that enables traders to speculate on the rising or falling prices of fast-moving global financial markets, its trading on shares will incur commission.

CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. The platform you use determines the fees you will pay, and this ranges from fixed spreads on the Rumus platform to a variable spread on the MetaTrader4 platform. FX Club allows a leverage of up to for retail clients and up to for professional clients. The amount of leverage is expressed as a ratio, for instance, , , or This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.

Forex brokers often lure new traders with offers of deposit bonuses. This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other.

The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Hence, although no deposit bonuses are a great way to help you start trading, the terms to benefit from it often require trading with such a high volume before you can withdraw profits, that it may not be worthwhile.

The European Securities and Markets Authority ESMA has also recently placed investor protection measures on the marketing, distribution, or sale of CFDs which prevent brokers to provide the retail client with a payment, monetary or excluded non-monetary benefit about the marketing, distribution, or sale of a CFD, thus ruling out the offering of such bonuses. FX Club offers a welcome bonus to first-time traders.

The clients should undertake sufficient trading to convert the whole bonus within 90 days. The forex trading software, also called the platform, provided by a broker company to its clients to carry out their trades can be a multi-asset one that allows clients to trade forex as well as other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies. Some companies provide their own proprietary platform, while others prefer well-known platforms.

If there is a choice, the trader should keep in mind what he would like to trade. Libertex is the in-house platform and the web version runs on a smooth interface built on HTML 5, which is becoming the industry standard to help support best practices for browser compatibility.

The MT4 and MT5 platforms are well known and the most popular among forex traders. With FX Club traders can only use this platform for trading in the USD currency.

The Rumus platform can only be used at select locations that feature fixed-spreads pricing compared to variable spreads on its other platforms. These trading platforms are offered in several languages which include Russian, English, Chinese, Portuguese, Spanish, Ukrainian, and Vietnamese. All the trading platforms are user-friendly, intuitive, and customizable, with charting tools and news, analysis reports, and financial calendars.

Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates. As with currency exchange markets, commodity markets offer trading in contract-based tradable goods.

Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.

The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice. Before deciding to join a broker and start trading, a potential trader needs to establish whether a broker like FX Club is safe to trade with.

One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. FX Club is without any regulation as the Russian Central Bank stripped several companies of their operational licenses within Russia in December FX Club is not publicly traded and does not operate a bank.

It is authorized by zero tier-1 regulators high trust , two tier-2 regulators average trust , and zero tier-3 regulators low trust.

Unfortunately, no evidence could be found to show that FX Club keeps separate accounts. If this is the case, it leaves serious deficiencies in terms of investor protection. The Company does not accept any customers from and does not operate in any of the following restricted countries, namely the USA, Japan, Brazil, and the European Union.

Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. Customers of FX Club can reach the support team in real-time by phone, live chat, or by filling in a request for a return call. The staff is seen as professional and equipped to provide support in Russian, English, Chinese, Portuguese, Spanish, Ukrainian, and Vietnamese. Potential traders need to do as much as possible research about speculative trading before commencing to do it and while trading.

Trading successfully relies heavily on knowledge and understanding of the markets, therefore research options offered by brokers form an integral part of its features when choosing the right company to trade with.

The company provides daily blog updates from its team of in-house analysts covering technical and fundamental market news and research content from third-party companies. Also, daily headlines are streamed from FXWire Pro, and video content is provided by TradingCentral.

Before starting to trade, potential FX Club clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading. This program is one of the first CIS business schools for traders. There are courses for beginners, training courses, and individual program courses. These courses can be done full-time, part-time, or as self-study. It consists of over 40 courses that are accredited, and traders will even receive a certificate afterward.

The only other education tool that it offers is the demo account. FX Club is part of a global group and has become a leading Russian broker that offers competitive trading conditions on three platforms. Potential traders should first acquaint themselves with all these associated risks and seek advice from an independent financial advisor, shows research recently done. Stocks, Cryptocurrencies, Forex, Metals, Indices, Agriculture, Oil and gas, ETFs, and Hot assets. Yes, FX Club offers leverage of up to for retail clients and up to for professional clients.

FX Club spreads range from fixed spreads on the Rumus platform to variable spreads on MetaTrader4. The FX Club website does not indicate whether a demo account can be converted into a live account.

The same method that was used to fund an account must be used to withdraw money again and monies will only be refunded to accounts that carry the same name as the trading account with FX Club. Except for bank transfer which takes 2 — 5 days to reflect in your account, the other withdrawal methods are usually done within a few hours. Traders should note however that depending on a specific bank service it may take several days for the money to be available in a client account.

Overall, GO Markets can be summarised as a safe broker that provides competitive spreads on Contracts for Difference CFDs. GO Markets does not offer a Sign Up Bonus. GO Markets also does not offer a welcome bonus or deposit bonus or the advantage. The GO Markets demo. RSS Feed. Top 4 Brokers. Read Review. Open a Free Trading Account.

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Read our Forex Club review carefully to see why we do NOT recommend this broker for trading. Just to clear any suspicions this is a fxclub. org review. After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. So Forex Club is just another unregulated forex broker, which means the customers are not protected, and there is highly likely they will get away with your hard earned money and there will be no regulating agency to hold them responsible.

Usually unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit, while trying any conceivable method in order to make that happen. It is a SCAM! You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky. If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months.

It does not matter how often you remind them or insist in withdrawing your money, you will NOT get them back. The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how you were deceived into depositing for a trading company that is not regulated and they refuse to give your money back.

This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers.

Just contact us at [email protected] but do not let your broker know they you read this article or that you are in contact with us. If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them that you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies.

Depending on the country where you live, you can search on google to find the regulating agency for Forex brokers in that country. After that you can prepare a letter or an email describing how you got deceived from them. If you do not know where to start, reach for us at [email protected] and we will help you with this step as well. Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites, and describe shortly what happened.

If you fallen victim please leave a review and a comment on this site at the comment section. Making the Forex Club review is actually a pleasure for us, and we hope to save as many people as possible from losing their hard earned money.

A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our Forex Club review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected].

If you like to trade please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below. Save my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email. This site uses Akismet to reduce spam.

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Privacy Policy. Password recovery. your email. Home Forex Brokers Forex Club Review fxclub. org Scam. LEAVE A REPLY. Please enter your comment! Please enter your name here. You have entered an incorrect email address!

The number and type of accounts that a trader can open with a broker company usually differ according to the country in which the brokerage operates, the country of residence of the trader, and the regulatory authorities under whose jurisdiction it operates. Over the chart, you will see a button with the description of the trading signal. Table of Contents. OctaFX The rest is just fine. Unfortunately, there is not much information about Forex Club seminars. org review.

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