FX Club Review 2019
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Forex Club company was founded in 2007. It uses Libertex platform that gives an opportunity to trade and earn money in internet and it doesn’t require installation of any programs or other computer soft. Moreover, the platform is available on Apple and Android devices. With Libertex trade platform you can trade from any place all over the world from your smartphone.
FXClub Reliability – Is FXClub a Scam?
Forex Club Company has always preferred the most modern platforms. As Libertex trade platform was launched only in the middle of 2015, some traders consider it as a new one. It explains that some traders are not sure about platform reliability.
But actually, there is no ground to be anxious about Libertex platform reliability. Libertex trade platform owner is “Indication Investments” company. It is Investment Company on Cyprus and it is regulated and licensed by Cyprus Securities and Exchange Commission (CIF license 164/12). That means that platform corresponds to all norms and requirements of CySEC.
Besides the regular supervision of CySEC, “Indication Investments” is actually the part of Forex Club international trade group which has more than 100 offices all over the world. So the platform is based on the solid foundation of regulation, of corporate management and supervision.
Our deep overview of the trade platform also confirmed efficiency and reliability of the platform in comparison with its competitors which are even more popular, such as Sirix WebTrader for example. Generally, the platform is easy to use and there is a wide range of trade instruments, such as dozens of technical indicators. So traders can be calm about Libertex trade platform reliability.
User interface
Black color of the platform makes contrast with the trade information and helps to concentrate on the price change. As we can see, when the price falls we see the red indicator, and when it rises we see the green one. There are a lot of functions such as “Stop Loss” and “Take Profit”, change of leverage and of course “Buy” and “Sell” options which determine your deal. You can choose the full screen and see all price changes in pips.
Available Instruments
On the Libertex trade platform of “Forex Club” traders can use variety of instruments including indexes, metals, stocks, currencies, oil, gas and commodities. The properties of graph display can be changed and it will display in Candlestick chart mode.
There are also some functions very comfortable to use. “Stop Loss” and “Take Profit” gives you an opportunity to minimize the risks and and go take a rest while your money work for you on the Libertex trade platform. For example, opening the deal for $5, you can set “Stop Loss” on $4 and if the price really falls, you will lose only $1, not all sum. At the same time you can set “Take Profit” on $7 and if the prices reach this point, the deal will be closed automatically and you will earn some money without even taking a part in it.
Commissions and spreads
There are no fixed spreads, only commission which is 0,0067% of the deal sum including the leverage.
Account types
There are several types of trade accounts on the platform:
- Silver– up to $500
- Gold – $500 – $5,000
- Platinum – $5000 – $50,000
- Diamond – $50 000 – $500,000
- Exclusive – more than $500,000
Support
You can contact support by the means of online chat on the site, phone or contact form.
Support phone number: 8-800-2002-600 and +7-495-727-0606 for Russia
0-800-701-205 for Ukraine.
To receive the answer on your e-mail, please fill the contact form on the site.
Pros
- Opportunity to minimize potential losses by the means of leverage
- Opportunity to trade and earn money on remote basis
- Convenience
- Large variety of instruments
Cons
- Limited training resources
Conclusion
Libertex is the trade platform which is easy to use with the newest trade functions for profit maximization.
FX ClubOverview
Company Information
Broker Details | Info |
---|---|
Headquarters Country | Saint Vincent and the Grenadines |
Foundation Year | 2007 |
Publicly Traded | No |
Number Of Employees | 200 |
Deposit Options
Withdrawal Options
Trading Account Options
Account Type | Info |
---|---|
Min. Deposit | $100 |
Max. Leverage | 1:500 |
Mini Account | Yes |
Demo Account | Yes |
Premium Account | Yes |
Islamic Account | No |
Managed Account | No |
FX Club Trading Features
Suitable For
Trader Level | Yes/No |
---|---|
Beginners | Yes |
Professionals | Yes |
Scalping | Yes |
Day Trading | Yes |
Weekly Trading | Yes |
Swing Trading | Yes |
Customer Service
Time | Yes/No |
---|---|
24 Hours Support | Yes |
Support During Weekends | Yes |
Customer Support Languages
Trading Services
Service | Info |
---|---|
Supported Trading Platforms | MT4 |
Commission On Trades | Yes |
Educational Service | Yes |
Signal | Yes |
Email Alerts | Yes |
Guaranteed Stop Loss | Yes |
Guaranteed Limit Orders | Yes |
Guaranteed Fills/Liquidity | Yes |
OCO Orders | Yes |
Trailing SP/TP | Yes |
Automated Trading | Yes |
API Trading | Yes |
Has VPS Services | Yes |
Supported Instruments
Instrument Type | Yes/No |
---|---|
Currencies | Yes |
Commodities | Yes |
CFDs | Yes |
Indices | Yes |
ETFs | Yes |
Stocks | Yes |
Bonds | Yes |
FX ClubUser Reviews
- 5.0Forex Club United States - Finally a good US broker!Mike Jameson
- 4.0Finally a well regulated Forex BrokerStratford McCalman
- 4.0Forex Broker in the USAAmy Roberts
- 5.0Forex Club United StatesScott Garcia
- 5.0Forex Club United States: the only reliable guys on the marketRaymond (Ray) Smith