Forex Trading Broker Forex Club Review

Performance Matrix

Main Score & Risk Matrix

#185

Score

7.1

Excellent

Forex Club is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

License 7.3

Business 6.6

Risk Control 6.9

Software 7.6

Regulatory 7.1

Terminal Snapshot

Forex Club Trading Conditions

Registered Region Saint Vincent and the Grenadines

Operating Period 15-20 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email cs@help.forexclub.org

Contact Number N/A

Website www.fcglobal-cn.com

Balanced Review

Pros & Cons

Pros

Wide range of trading instruments, including Forex, commodities, indices, stocks, and cryptocurrencies
Low minimum deposit requirement of $100 for the Standard Account
Multiple trading platform options, including MetaTrader 4 and MetaTrader 5
Demo account available for practice without real money
Customer support available via email, live chat, and telephone

Cons

Not regulated by major financial authorities like FCA or ASIC
Limited customer support options, restricted to email
Lack of comprehensive educational resources for traders
Withdrawal difficulties reported by users
Limited recognition due to offshore regulatory environment

Compliance Desk

Regulatory Licenses

9.2/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Forex Club	Anzo Capital	Focus Markets	AvaTrade
Operating Period	15-20 years	See review	See review	See review
Region	Saint Vincent and the Grenadines	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	7.1/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Forex Club Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Traders of all levels	Low spreads, no commissions, suitable for various trading strategies	Minimum deposit of $100, allows automated trading with EA support
ECN Account	Experienced traders and professionals	Tight spreads, direct market access, low latency execution	Requires higher trading volumes, suitable for scalping and algorithmic trading
Demo Account	Beginners and those testing strategies	Practice trading with virtual funds, access to full trading features	No real money required, perfect for skill development

Account Opening Process

To open an account with Forex Club, traders must complete several steps, starting with the submission of personal information, employment details, and financial information. Identity verification is required, which includes providing an ID and proof of address. Forex Club offers account flexibility, allowing users to upgrade to a professional account later if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	From 1.6	$0	Competitive spreads for major currency pairs
CFDs (Stocks, Indices, Commodities)	Varies	$0	Fees may vary by asset type
Cryptocurrencies	Varies	$0	Variable fees based on market conditions

Other Fees

Forex Club may impose several other fees, including those for deposits and withdrawals, inactivity fees after a specified period, and potential platform usage fees. Traders should be aware of overnight interest (swap rates) applied to positions held overnight, as well as any currency conversion fees that may apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Forex Club is positioned as a competitive option for traders seeking balanced trading conditions, recognizable market access, and a score profile that sits above many mid-tier competitors.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Forex Club User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

20%

4 star

60%

3 star

12%

2 star

4%

1 star

4%

Emily Wang

Beijing

★ ★ ★ ★ ★

I have been using Forex Club for several months, and while the platform is decent, I have faced significant issues with withdrawals. It often takes longer than expected to process my requests, which is quite frustrating. Support is not very responsive either, which adds to my concerns about their service.

John Smith

New York

★ ★ ★ ★ ★

Forex Club has been a great choice for me! The trading platforms are user-friendly, and I love the variety of instruments available. My experience with customer support has been positive; they are quick to respond and very helpful. Overall, a solid broker for both beginners and experienced traders.

Laura Brown

Sydney

★ ★ ★ ★ ★

I had a terrible experience with Forex Club. My withdrawal requests have been delayed multiple times, and it has been incredibly stressful trying to get my money back. The customer service is lacking, and I feel like my concerns are not taken seriously. I would not recommend this broker.

Michael Johnson

Toronto

★ ★ ★ ★ ★

I’ve enjoyed trading with Forex Club for over a year now. The range of trading instruments is impressive, and I appreciate the low minimum deposit requirement. The demo account is a great feature for testing strategies before trading with real money. While I had some minor issues with customer support, overall, I’m satisfied with my experience.

Saint Vincent and the Grenadines Market