ForexClub – overview of forex and CFD trading platform

Overview of participants in the global financial market: Forex Club

Among the existing forex-dealers who provide their services in the territory of the post-Soviet countries, the Forex Club group of companies steadily takes the leading positions on key parameters of the evaluation of the financial market participants. Working in the field of Internet trading since 1997, the company has developed intensively and at the moment it has more than one hundred representative offices in Russia, Kazakhstan, Ukraine, EU countries, Latin America, Asia, etc.

Despite a rather large number of serious charges (failure to comply with licensing conditions, provision of unreliable reporting documents, irregular submission of information related to money laundering, etc.), the participant in the world financial market has earned a reputation as a reliable forex broker fulfilling its obligations and agreements.

Forex Club: overview and characteristics of the broker

Many beginning traders, searching for promising companies that provide the opportunity to conduct trading operations, are guided by such indicators as reputation, “age” of the broker and the number of services provided. But experienced experts believe that in some situations, more detailed information about the broker (minimum deposit, ways of replenishing the trading account, etc.) is needed. Therefore, it is not necessary to register an account on the web-resource of a forex broker, without a detailed analysis of its activities and working conditions.

Broker Features

Created for the Forex Club application and platforms (MetaTrader 5, Rumus, StartFX 2, MT4 and Libertex) allow you to carry out financial transactions from virtually any computer and mobile device (smartphones, tablets, PCs, etc.). Also, traders can work directly on the company’s web resource (no need to download additional programs). The administration of the site controls the speed of execution of all possible operations and makes sure that users are comfortable to work with.

The structure of the Club includes not only financial companies, but also educational institutions that help beginners learn the mechanism of the forex broker and understand what factors influence the formation of the value of financial assets. The administration of the resource pays much attention to the training of traders: online seminars are held, access to analytical materials and financial news is provided, there is an economic calendar, and an automatic decision-making system is provided.

Beginners, after obtaining the necessary theoretical knowledge, can open a free demo account and practice to test their strength. In order to fully prepare for work in the forex market does not need large capital, it is enough to come up with a login and password for Forex Club, register and take training courses.

Control of the activity of the broker

One of the key indicators confirming the reliability of the forex broker is the availability of documents issued by government agencies that control the financial activities of organizations / institutions on the territory of their country. In this regard, Forex Club is significantly different from other participants in the global financial market. The activity of the broker is controlled:

● Central Bank of the Russian Federation.

● Commission for the Regulation of the Relations of Financial Market Participants (RF).

● National Bank of the Republic of Belarus.

But one of the most important documents confirming the legitimacy of the activity of this subject of the financial market is the quality certificate according to the ISO 9001 standard (currently the broker is the sole owner of this document).

How to earn money on Forex Club sites

After studying the demo accounts available on Forex Club, beginning traders can start real operations using their personal savings for these purposes. Among the advantages of the presented forex broker, two very important points should be highlighted: on the company’s web-resource there are no restrictions for a minimum deposit and traders can independently set the amount of rates for their operations.

Selection of trading instruments

Almost everyone, compiled according to the Forex Club review, tells readers about a large selection of financial instruments for conducting trading operations. Users of the company’s web resource get not only access to Forex (currency transactions), but also the opportunity to trade using (more than 180 tools):

● raw materials, metals, agricultural products and other tangible assets (CFD instruments are used);

● changes in stock indices;

● shares of large corporations;

● Crypto currency (their list is constantly increasing).

  Opening of trading accounts

 To conduct financial transactions, the user of the resource must open a trading account:

● Silver. It is necessary to deposit up to $ 500, provides a minimum of useful information for the trader.

● Gold. The size of the deposit is 500-5000 dollars.

● Platinum. From 5000 to 50 000 dollars.

● Diamond. The amount of $ 50,000- $ 500,000

● Exclusive. The size of the deposit should exceed 500 thousand dollars.

Looking for a broker that doesn’t charge for deposits and withdrawals, see our reviews on AAATrade and IG.com. The last two accounts allow traders to receive any information that the administration of the resource has, and VIP-clients can order additional, individual services.

The main currencies that are used to conduct transactions through user accounts are the euro, US dollars, New Zealand and Australia, Swiss francs, Japanese yen, British pounds.

Account replenishment and withdrawal of funds

Analyzing the information on the Forex Club posted on the network, comments, comments, discussions on the forums, we can conclude that this resource among professional traders is considered one of the best in the number of ways of input / output of funds. For these purposes, you can use:

● bank cards VISA, Visa Electron, MasterCard, Maestro (commission 2.5%);

● bank transfer;

● Skrill (1.9%);

● Neteller, WebMoney, Purse QIWI, Moneta.ru, Yandex.day (0.8-6%);

● Internet banks;

● Terminals;

● WesternUnion, MoneyBookers.

In addition to the advantages of the forex broker listed above, the following important indicators should be highlighted: the resource works without days off, users have the opportunity to call the support staff around the clock, the administration of the site conducts various contests, promotions, etc. every month.

For other regulated brokers, check out our Alpari and CMC Markets reviews.

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