Forex Club has been active since 1997, and has got one of the oldest history as a broker.
Please note that the brokers with the same logo and similar names to “ForexClub” are not the same brokers, but they are partnered brokers.
The main broker “ForexClub” is registered in “St. Vincent & the Grenadines” and it is not regulated by any financial regulatory authorities.
Oldest History with experience
Since 1997, ForexClub has acquired many partnered brokers and the group in total is one of the biggest broker in the world.
There are many products and options for their traders.
One thing you should be aware of is that the broker does not support “segregated accounts” for your deposit funds. And as the broker is not regulated, you can’t claim for any compensations if there should be any troubles with the broker.
Despite the fact “No Regulation” and “No segregated account”, the customer service of ForexClub is quite helpful for traders.
ForexClub Trading Conditions
ForexClub offers Forex, Cryptocurrency, Precious Metals, Energies, Commodities and Stock Index CFDs through 4 different popular trading platforms(MetaTrader4, Rumus, LiberteX and StartFX).
In terms of variety of products, ForexClub has got one of the largest numbers of instruments and trading tools.
There is no general trading restrictions, but it depends on the trading platforms.
Leverage is up to 1:200 and minimum spread is from 0.3 pips.
Some traders have reported that they have experienced profit cancellation by the broker, so you may want to make sure that you know the trading conditions before start trading with ForexClub.