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Forex Club Reviews and Comments written by real traders

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  23 May 2019
I like FX Club for having a wide network of branches in many countries. There is a branch in my city also. And this is a very important factor. Employees of the representative office are less inclined to cheat than employees of a broker who is abroad, which you can hear only via IP-telephony or via Skype. In my city, I can go to their office without any problems, talk with employees and other traders, consult with them, go to a seminar, talk with the branch director. And it already causes some confidence. Accordingly, the quality of service does not have any complaints. The only negative is the frequent staff turnover in the representative office. But I hope that each time the level of staff skills will improve. In any case, now I have no complaints about analytics: the quality of the trading signals of the new team is very good! I wish FC to continue to maintain a high level of service!
  10 Mar 2017
This broker is not good enough for beginners, very broadly provides many features of trading so you may want to explore other companies after it. I found some pitfalls in trading large amounts of money with high leverage and my personal trading experience notes some hidden risks, however there are several unacceptable issues with this broker - delays in order execution, no access to book orders through platform and conditions for trading 10 lots and more are not good. I mean there are huge commissions for managing 100K accounts. The broker will help you to start your journey as beginner but if you have decent experience in day trading you won’t be satisfied here.
  30 Dec 2016
Since 2011, I've been actively involved in currency trading and no doubt, I had ups and downs. And believe me there is no such important thing as reliable broker. I had few of them but fxclub is my favorite choice probably. This broker covers the complete trading needs, from start to finish. It provides information on every aspect of trading in thorough detail. But if you don't know anything about forex, technical analysis or risk management, this company won't get you to lose money as unexperienced novice. Moreover, they don't took down their responsibilities when they started losing pips because they don't trade against you. The last point is that customer support answers emails immediately. Try contacting them to check it out.
  4 Dec 2016
I like so much Forex club, this broker is very good! I choose it and advice to all. It help me to study something in trading and not make big mistakes! I like that they try to make your knowledge better and have sisten of bonuses for beginner! I saw review about they on ... and on their site!
  20 Jul 2015
The broker has terrible trading conditions. Their swaps are not the most bad thing, though they are worse than with other reliable brokers. The conditions are perfect for new trades to lose their depos with the probability 99%. I traded with Forex Club during 10 years, but for tha last 2 years it has been getting worse and worse.
  21 Jul 2012
very very bad experience
Forex Club or Fx Club are scammer, they just rob your money, take a look on Forex Peace Army: Thread: GUILTY Case# 2012-004
In page 1 you have the video. They are CFTC and NFA members but this is a joke when you are not US citizen. And in page 4 you have the profile of the president and principal of the company. Pretty INTERESTING!! Lot of cases with CFTC and NFA
  26 Mar 2012
I happy with Forex Club, still I don't have any issues. Again I got new one forexmarket.ae
  27 Dec 2011
Forex Club - very good.
  24 Oct 2011
I do not understand can only deceive me one? There are many traders dokozatelstva in Russia to whom the money in the account are not sent. These traders are honest and law-abiding citizens of Russia.
Money Forex Club receives an account with ease. But the withdrawal of money in customer accounts are not exercising. I live in Russia, trying to get money to the card account I cheated for the second week, do not give my money. Only negative comments I am interested in input and output serviceable money from accounts. If it does not mean. There is no trust forex club 100% of personal experience and feedback from traders in Russia.
  9 Sep 2011
Thank you for sharing about this.I am really happy to see here about this article on forex business.Can you please share something more over here.
  24 Jul 2011
Heard nothing bad of Forex Club. Like their service, their programs and usefull information they provide.
  10 Feb 2011
At first I had some difficults working with Forex Club, but lately I understood It was my own problem, because I didn't have enough money in my deposit. For a year I used to work with minimal (10$-150$) deposits until I learnt well. Now everything is OK. Thanks to Fxclub.org I opened a real account with 10$ and I learnt it not loosing so much money. If I were to begin it with 1000$ I would have lost it anyway and I would loose my belief. Programs Modern Forex, Rumus are very good programs to understand.
Forex Club is Number 1. I want to work and earn with Forex Club forever and I support them.
Don't bark and bite If you don't know Forex Club personally
  21 Oct 2010
I turned &500 into &3000 in one month with ACT trader platform. I have no problem at all with Fxclub! money back in my local bank in 2 days. Great broker, great platform! thank Fxclub' staffs, thanks John Ieraci, hope to see you one day in the future.
  23 Jun 2010
Where do I download their new platform?Does anyone know?
  10 Jun 2010
Their new ActTrader trading platform is great - a lot better than the old ones.
  12 Jan 2010
I turned $5,000 into $6,300 in one day at FXclub. It works for me, I am a plumber full time and do not work for Fxclub. The plateform is easy to use, I have never had a stop loss or take profit limit refused. Out of all the companies I have tried FXclub is the best. Zero spreads make it easy to know what it costs you and what you will make in profit. 40 cents per 1000 traded averages out nice when you have 11 currency pairs to choose from. And the Charts the give you from year, month, week, day and hour make it easier to see the direction of the market. New highs and new lows is where I make my $$$.
  30 Dec 2009
Howzit guys Jeepers I&#39;ve never read such conflicting views! I&#39;ve been trading for a couple of months now and have tried several brokers.<br />
Generally the comments seem positive so I&#39;ll give these guys a go. I just hope all you other okes work for the co. Living in South Africa I&#39;m used to bad service and would really like a wake up call Cheers!
  20 Dec 2009
tried many different brokers. It is easy to say "smels like scam, shit, e.t.c" and leave no evedidence of bad expirience. I have some, and I can strongly recommend their best education, their really advanced charting platform and lean margin requirements. At least try their demo before posting B.S reviews.
  27 Nov 2009
I don&#39;t have any problems with FXClub.
  22 Oct 2009
I trade with fxclub (russian) about 2 months. I haven&#39;t lost my money yet and i am a little bit in profit. <br />
Things that i don&#39;t like:<br />
1. Bad execution, sometimes you have to wait for the requested price up to 1,30 minute (if you are a scalper stay away), <br />
2. They don&#39;t allow to set limit orders near to the current price (must be more than 10 pips)<br />
3. The spreads in some currencies are insane (EUR/CAD 10 pips, GBP/CAD 15 pips)<br />
4. The SWAPs (for example if you have position in GBP/JPY and thinking to keep the position for 3 days you will pay the broker 3x8=24 pips so if you want not to loose money you must earn at least 24%)<br />
5. it is not an ECN broker <br />
Good things:<br />
1. The execution of the limit orders is perfect<br />
2. They always pay money if you request (i don&#39;t know about big amount of money)<br />
3. The platform is good but not perfect<br />
4. Plenty of educational material <br />
5. Deposits starts at 10$<br />
6. The service is good<br />
7. The bonus of 100$ (you can claim the bonus if the first time you charge the deposit at least with 100$ )<br />
Summary: FXclub is good among the "Dealing desktop" Brokers (bud they are all scamers) It is good for beginners (for small deposits and for educational purpose). If you can make money in FXclub you can make money everywhere. Yes you can make money in FXclub but not as many as you could in an ECN broker, but If you loose money constantly the better broker in the world will not help you.
  6 Oct 2009
Albeit, their ExpressFX platform is a load of garbage: it&#39;s a gimmick to help complete newbies familiarize themselves with order making, etc. Their Rumus2 platform is a bit unorthodox in its presentation, and can be downright confusing. It is usually just better to watch prices and do your charting in MT4 and execute your trades from the platform.<br />
<br />
If you require fast execution, then this broker is NOT for you. Their dealing desk often takes quite a while to quote a price. Scalping is a fool&#39;s strategy anyways (no, seriously). If you think you can be successful at forex through scalping, you are just kidding yourself.<br />
<br />
A lot of negatives so far. So why do I rate it 3 stars? Well, if you can get past all of the inconveniences, take a look at the terms of trading. They are actually quite favorable to the trader compared to many other brokers.<br />
<br />
First of all, there are no margin calls (ie your positions are closed once equity is zero, not when available margin is zero). Many balk at this and say it encourages traders to risk their entire accounts. But let&#39;s be serious here: if your account size is $1000 or smaller, having a margin requirement is silly, since in the big scheme of things $1000 is pocket change. This actually ends up being an advantage to the trader because it gives him extra drawdown depth.<br />
<br />
My whole point regarding the margin call issue is that, unless you are doing 10 lot positions or larger, margin requirements are unnecessary because there is hardly any risk for the broker to absorb.<br />
<br />
The next advantage the terms offer is that each dollar in your account can buy 100 units of BASE currency, regardless of the exchange rate. So with 100 dollars you could buy 10000 GBP/USD even though this would be impossible otherwise, since 100 USD at 100:1 leverage should only buy you 6250 GBP/USD at the current exchange rate.<br />
<br />
To the keen eye, it becomes apparent that this broker is really trying to lessen your barriers to entry if you have a small account size.<br />
<br />
Their spreads are 1 pip larger than average on some pairs.<br />
<br />
I got a withdrawal through paper check no problem; it took about 2 weeks (if you think getting a check in 2 weeks is too slow, then I don&#39;t know what to say).<br />
<br />
I will probably be labeled a shill because I have submitted a detailed review and am not part of the army of crybaby losers that pervade these ratings boards.
  21 Sep 2009
I think nobody can beat there spread with you take loss trade reverse commision. Great service trading with them for while no issue with service. very polite staff.I think dont listen to people try yourself with $10 dollar you will see the difference compare to other brokers.
  17 Sep 2009
But also anything good I will not tell about FC. Russian cannot be trusted.
  14 Sep 2009
Can&#39;t say anything bad about this broker. Execution, quotes, dow jones news, market signals - 4*
  25 Aug 2009
Anything good. One guy from Russia spoke to me about them. The deceit from their party is very well latent. But it at once you understand, as soon as at them you will trade. The wrong prices and work against clients it is style FxClub.
  24 Aug 2009
ALL BS. Good broker. Fair quotes. No hidden fees. 5*
  22 Aug 2009
All other brokers already a lot of time execute orders instantly but only FC cannot do it. Thus FC has an awful trading platform which incorrectly shows the prices and indicators work not as for all others. Therefore their service very much poor quality.
  20 Aug 2009
I can&#39;t say they too slow. It takes time to get a quote for market order but this quote is guarantees for 5 seconds which i very beneficial. I like their terms. Would recommend to try them.
  18 Aug 2009
All fine day. I will disagree with those guys which encourage FxClub. When the broker cannot execute in time my orders on trade it the broker badly means works and for it bad service.
  5 Aug 2009
I do not accept these deceivers.
  6 Jul 2009
I have been trading with this Broker for 1 year. Everything is perfectly fine. I have deposited/withdraw money many time. I have never had any issue unresolved with them. I also have account with FxPro. I think both brokers are OK. I have found one problem with FxClub.i.e it takes too much time to display Quote/Price when you want to Enter Position. Sometime it takes 1 minute to display requested price.
  2 Jul 2009
Yes it is final to all local people clearly that forex club is a deceit. If the broker gives a spread a zero it designates that they will earn nothing from trade of dealers. Then why they such good? Because they would want that we did not win and specially place traps for this purpose.
  2 Jul 2009
This Club cannot be called Club at all. Which they tell all those words about themselves it is a lie. I see after reading here one guy wishes to rehabilitate these people but it cannot be the truth because other people all see and tell the truth about this Club.
  2 Jul 2009
Stop bullshiting. On ExpressFX trading platform you trade with NO SPREAD at all! How the prices can be wrong? And you pay FIXED commission only when you green. This is a best term availiable.
  2 Jul 2009
It at all that that is necessary for trade. Trading terminal Forex Club deceives it on indicators of trade gives completely not true and deformed signals. So to trade it is very unprofitable. Still there are many questions because I cannot trade under that price which I see in their platform. They give the incorrect prices. It is a serious deceit.
  2 Jul 2009
I love their platform. No spreads and commissions only for profitable trades. Basically, if I don&#39;t profit I don&#39;t pay anything for a trade, if I do profit, I pay a small commission. That&#39;s awesome!
  2 Jul 2009
It is lie. It is very artful calculation.
  1 Jul 2009
At Forex Club you trade with ZERo spread and you pay commission only when you profit! Its says it all. It is a best trading terms on the market.
  30 Jun 2009
Very artful company. I cannot be surprised if against these people never win. When I played with them I have understood me wish to deceive. Always at my victory they did not start up me in game yet have not taken away from me money. People you cannot trust them because they swindlers.
  30 Jun 2009
Good company. Opened account 2 weeks ago and got a $100 margin bonus plus Autochartist. Everything works perfect so far.
  30 Jun 2009
Piter, let me ask you three questions. Do you really think that all Russian are mafia and fraud? Would you please tell me who do you think the best nation in the world? Don&#39;t you think you going too far?
  30 Jun 2009
We should not visit because there are simple calculations of deceit FOREX CLUB and it is visible to local people. Russian it is a mafia and fraud.
  29 Jun 2009
Mudslingers, you can write whatever negative comments you want; any intelligent person could simply visit NFA&#39;s site, input Forex Club&#39;s NFA number into their search and see that everything you&#39;re saying is false. Their records don&#39;t lie.
  27 Jun 2009
I precisely know that NFA are not always happy Forex Club. One guy from NFA to me has told that this Club will soon have the big problems. I have not wanted to give them the money and have returned all back.
  26 Jun 2009
Guys, they are real. 100%. They are NFA regulated broker with $20,000,000 capital. Of course they not going to put themselves at risk by placing false on website. So, it's true then...<br />
And they just won a Best Broker for Beginners Award on Forex-ratings.com
  24 Jun 2009
We already prepare informing about swindle Forex Club. Any person from NFA will understand that it is a deceit and will give out them the penalty.
  23 Jun 2009
Forex Club is an NFA regulated brokerage that is headquartered in the United States. Any person who has any doubts about any article/information posted on Forex Club&#39;s website is encouraged to contact the NFA to dispute the authenticity of the website&#39;s content. Any person who is clever enough to visit the NFA&#39;s website to research past fines dealt to regulated forex brokerages can see how expensive said fines are. Keeping in mind the expense of NFA fines, I doubt any article Forex Club places on their website is false.
  22 Jun 2009
People you should leave from Forex Club. They are swindlers. They deceive people. I some times read that anybody one million has not won against them. Their invention about it says lies to us.
  20 Jun 2009
Interview by Lydia Wong and Pavel Khizhnyak<br />
We flew all the way to Shanghai from our New York office to meet this young teacher who showed an impressive 61,595% return on his investment ($247,210 from the initial investment of $300). This man has made more than 1 million Chinese yuan in just one month amid the global financial crisis. We had to interview him.
  20 Jun 2009
when you read the stories in this web from fxclub you surprising whit 300$ make 240 k in1 month what a wonder its rea this , i can say this company no answer me for 4 wecks so ist not serious so all this stories in your web are fakes scamma chaetad people
  12 Jun 2009
Three "different" people with the same atrocious grammar are complaining that FX Club charges a $100 commission cost. Interesting.<br />
<br />
Forex Club charges $0.40 per every 1000 units of currency traded, so in theory you can spend $100 in commission charges if you're trading a large sum of money. To "jon, olaf, paul", I don't understand your math. Try this equation:<br />
<br />
Let's say an average trader wins 30% of the time he/she trades.<br />
<br />
You are trading with __insert_name_here__ Broker who charges 2 pips per trade (I feel like 2 is a fair, average number for a major pair). You make 10 $1000 trades, and therefore spend 20 pips. Of the 10 trades you make, only 3 are successful. You paid 20 pips for these 10 trades, of which only 3 are successful.<br />
<br />
Now you're trading with Forex Club. They charge you 4 pips per $1000 trade. You make 10 $1000 trades. Of these 10 trades, only 3 are successful. You initially spent (4 X 10 =) 40 pips for these ten trades, but since refunds are issued for the losing trades (70%), you only spent ((40-(7 X 4) =) 12 pips for these 10 trades, of which only 3 are successful. If you want to do some more math here, you can say that (hypothetically) your average trader will only spend 1.2 pips for each $1000 trade he/she makes.
  11 Jun 2009
.4 comision is a liar no answer me he charge me 100$ every trade a make no answer so you lost money after the comision you are in red , obviosly is a scam the propagando 0 spread !! beware to use no answer not serious bussines , 0 psread is not real you losee when you make profits and wins becouse use a 100$ charge comison and not the 0.4 $ per 1000$ invested , 1 lot ist 10000 unit so multiply this 10x0.4 4 $ is equal to 40 pip comision so is not real 0 spread you pay more on this and so i ask emailed and they dont answerd me so hiden cost make profit in 5 positions but the 100$ charging bring me in red zone in every trade when you win 30 or 50 $$ you lost than the half and more 100$- 30$ )= 70 $ loses when you made profit never only he make profit whit you twice !!!!!!!!!!!!!!!!! warning claim this company to forexpeacearmy to be sanctioned beware to uses!!!!!!!!!!!!!!!!
  11 Jun 2009
2 weecks waiting a email and no answer, he have hidens comision cost so you never make wins hier , charge 100$ comision when you make 50, 60 $ profit the comision bring you to loose money, false 0 pip liar company
  8 Jun 2009
Say 0 spread pip but have hidden cost that they don't say you, 100$ commission every trade.
So when you make 40$ win you lost 60$. It is not a clue 0 pip.
  23 Apr 2009
I want to keep having the option of hedging, I need a non-US broker recommended, preferably with MT4 or a well recognized proprietary platform! PLZ help me!
  20 Apr 2009
To Ben, they only take commission costs when you, the trader, makes a profitable trade. Therefore, they only make money when you make money. And that commission cost is a flat rate, which makes me question what concealed price you're talking about. In addition, no slippage occurs on their platforms. I don't think you ever traded with them.
  15 Apr 2009
It&#39;s all hype and fraud. Concealing of real prices, shift against the client, slippage...<br />
They ignore you when you demand to open or close a position. I faced it several times! They care only about their profits and their goal is to rob you out of your money instead of providing access to world exchanges.
  24 Mar 2009
Great for long-term trading. Excellent signal tracking software. Smooth withdrawals, even when dealing with large sums of money.
  18 Mar 2009
What drew me to Forex Club was their willingness to teach new traders (like myself). I felt safe trading with a company that was so open and willing to educate their customers. Their operators (so far) have been very pleasant and constructive. I was also impressed with their commission return policy. I read about this on their site, but it wasn’t until I was actually trading with them that I could really appreciate this promotion. So far I’ve had nothing but good experiences with them and have nothing bad to say. I hope they keep up everything they’re doing.
  27 Jan 2009
Never had any problem with them. They have great cuctomer service. I called them a few times a day and all people were very helpfull.<br />
Dealing with them for over 6 months. Never had problem with transfer money to my bank account.
  14 Jan 2009
What a Strange problem Here!<br />
<br />
fxstreet.com/forum/showthread.php?goto=newpost&amp;t=48681
  17 Dec 2008
The company is crooked. I&#39;ve been a trader for over 15 years. I made over $1600.00 in the EUR/USA in three days on the ExpressFX platform and quess what? I tried for over an hour to bring up a quote to close out my position and it wouldn&#39;t let me! What do you want to bet when my position goes to break even it lets me get out? LOL
  6 Nov 2008
0 SREADS! COMMISSION JUST $0.4 AND YOU PAY IT ONLY IF YOU IN GREEN! BEST OFFER!
  30 Jul 2008
For a broker to offer 0 pip spreads its means that they will make their money on the loser traders, so fx club is a market maker who slips, requotes, miss fills, diverts prices just like the fathers of market making FXCM &amp; Oanda.... they all screw you once you start making money, when your a loser it works fine.
  4 Jul 2008
Becareful before you put your money to any types of forex trading which are displayed so nice for eyes to see.What we want is a serious business dealing with forex and i don't want you guys to be dumb by these kind of &quot;forex nice trading platform&quot; better get out stay away from those 90% FOREX invester loser.
Remember those winining FOREX TOP DOGS (5%) so be as part of them..Learn and gain knowlegde about Forex..TQ
  26 Nov 2007
Any and all unregulated market brokers can and will invoke momentum in favor of the book they run. Trading is the art of science at it's best, Just be artisitc in thought and scientific in approach. Proceed with caution at all times. Good is only Good when it's not being studied to find the flaws.
  23 Oct 2007
I like how all the people on these review sites call every broker a Bucketshop but yet never post who is NOT a bucketshop.Jack Azzes--you all just plain blow monkey chunksat trading and lost all your money because you have no idea what you are doing.Once again JACKAzzES.Eat Crap and DIE
  24 Aug 2007
I don't care the shit you guys are bragging. FXclub is the sweetest. who else gives you a margin as low as $10, and $100 bonus to start with.
  23 Aug 2007
I'm sure they does! forexclub.de
  24 Jul 2007
Does FxClub have office in Europe?
  23 Jul 2007
Good point Nasty!
  19 Jul 2007
what a hysteria around here. best price stream, less leveled out than fxcm's, forex.com's and gft's. If you know a bit about forex, this is more important than spreads, swaps, initial deposits and all other nonsense.
  13 Jul 2007
Read carefully - fxclub.com/forex-account/ . Spread charges do not apply to SWAP operations.
  13 Jul 2007
Have you heard about their tricks with swop? It'n not even a swop (rollover) they take your spread every night = closing and re-opening positions! If somebody trades more then 3 days there - stop trading and go to work on the factory!
  13 Jul 2007
initial deposit $10= you are all idiots
  12 Jul 2007
agree with jade, spreads are for rookies, there are more important things that STATED spreads. don't have account with fxclub yet, but applying..
  12 Jul 2007
i have accounts with fxcm, oanda and these gyus. they don't have best spreads, but only rookies care about that. Reversal of positions is nice, beats any lower spreads imho.
  12 Jul 2007
If they will trade futures they will be really serious company.
  12 Jul 2007
Every single positive post here is fake its obvious. They react to bad posts, sorry fxclub but thats not how it works. I will be sure not to put money with you if all you can do is pump yourselves up with air, you would be better off developing some serious hardware instead of trying to sell shit in a box. losers
  10 Jul 2007
That's fair! First place to the best.
  10 Jul 2007
Great service, great education too. I tried many different brokers and 100% confident that forex club is the only broker that tries to educate their customers. Highly recommend.
  10 Jul 2007
At Last! They are really the best!
  4 Jul 2007
It is easy to say &quot;smels like scam, shit, e.t.c&quot; and leave no evedidence of bad expirience. I have some, and I can strongly recommend their best education, their really advanced charting platform and lean margin requirements.
At least try their demo before posting B.S reviews.
  26 Jun 2007
Smells like a scam from light years away... russian mob broker laundering money.
  4 May 2007
Why are there so many negative post from people who dont trade at this broker?
These people waste our time. I want to see real reviews from live traders here.
  5 Apr 2007
anyone knows how to get that $100 bonus?
  9 Mar 2007
i opened account and they gave a gift of $100 so my experience with them has been great!
  20 Feb 2007
this guys are really something, i have accounts with three forex brokers but this one has been the only one that did not require any initial deposit.
  19 Feb 2007
Agree with Dorian
  12 Feb 2007
I didn't trade with them. But I saw their movies it's really great!
  12 Feb 2007
this really sucks.ash!!!
  5 Feb 2007
I trade with nxtzeryup forex. Ya'll send mr 5K each &amp; i'll take care of it for ya!
  2 Feb 2007
Just checked their new trading platform. It kicks ass guys. I also liked their mobile trading thing. It is actual program that installs on your phone. I think it's pretty cool.
  12 Jan 2007
I like their new platform. I like it better than MT. Highly recommended.
  11 Jan 2007
How you can say who they are if you never work with them?:-))) Never shit were you live guys. All of you are working on the same field. Good luck everybody
  9 Jan 2007
Lol I knew it, this place smells like a.... bucketshop?? yep thats the word that defines it perfectly. ForexClub, aka: The broker from nowhere. I knew you guys were going to try and handle my negative post and I was so right about you people. bye
  28 Dec 2006
Best software I've found. Very helpful, friendly customer service as well. A+
  28 Dec 2006
Wow these reviews are total bull shit written by sales reps its obvious. I agree with Rene look at the times of the posts. Who ever heard of Forex Club anyway? looks like a big fat scam to me I'll pass. thanks.
  27 Dec 2006
Simon you are wrong!For me they are good.Very good.
  24 Dec 2006
Shit company.
Forex Club Information and Review
Forex Club

Forex Club is a top rated New York City based brokerage that is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). Forex Club forex services individual traders, money managers, white label partners, and introducing brokers. Forex Club is Russia regulated company also. Forex Club forex broker mission is to provide its clients with knowledgeable support, advanced trading tools, and...

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