FxClub.org(.com) Review

1.743 • 49 REVIEWS
Forex Club
Updated: Nov 27, 2023
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FxClub is a forex broker. Fx Club offers the MT4 and MT5 forex trading top platform. FxClub.org offers over 50 forex currency pairs, cfds, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal investment and trading options.
October 2018:  There is a second FPA Traders Court guilty vote against this company.  The FPA recommends a high level of caution dealing with FxClub until these issues are resolved.

October 2012:  Forex Club was fined $300,000 by the NFA.  CLICK HERE to verify.
March 2012:  There is an FPA Traders Court guilty vote against this company.  The FPA recommends caution dealing with FxClub until this issue is resolved.

Other websites for this company include fxclub.org, libertex.org (was forexclub.biz), forexclub-china.com

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 1000:1
Minimum to Open Live: $20
Established: 1997
Address: The Financial Services Center, PO Box 1823, Stoney Ground, Kingstown, VC0100, Saint Vincent And Grenadines
Contact: support@fxclub.org, 8-800-7754-964
Regional offices:
Prohibited countries:
Trading platforms: MT4, MT5, Libertex
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (50+)
Cryptocurrencies: (45+) Bitcoin, Litecoin, Ethereum
CFD: (95+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Beeline, Megafon, Moneta.ru, MTS, Neteller, Qiwi, Skrill, TELE2, WebMoney, Yandex Money
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Beeline, Megafon, MTS, Neteller, Qiwi, Skrill, TELE2, WebMoney, Yandex Money
* Please check broker website for more information
1.743 • 49 REVIEWS

Recent User Reviews of FxClub.org(.com)

Los Angeles CA,
Mar 26, 2007,

Only good thing is you can trade small $, Software is not at all user friendly. Charting is terrible.
Ormond Beach, Florida U.S.A,
Jun 2, 2007,

I Am discusted with their trading platform. I was unable to close out a postion that went south. The Deal window kept notifying me that the quoted price was no longer valid. Thank God That I am playing with their new account $100.00 special and $1000.00 lots. I have several other forex accounts and have never experienced this type of a problem in closing a position at market.
Jun 10, 2007,

Somtimes it is very difficult to connect with their server, especially when a market is active. Traders with the big accounts are served by deallers manually.
Jun 28, 2007,

I traded only one platform with a real time account so my experience is limited to the live accouts. However, I've tried many demos. This particular demo was confusing, frustrating and your not able to exit and enter positions as easily as other accounts I've tried. During the trial account period, I spent most of the time missing the opportunities that were presented. I watched my "position" waiting as an order instead of an entry In addition, the charts were less then what even the demo accounts with other demos are able to provide. There is not a second guess in deciding not to use fxclub.
Jul 3, 2007,

I have been trading live with FXclub for a while now. To start with the trading platform was a bit on the difficult side to operate. Once I got past the early stages it turns out to be quite user friendly. Opening, closing, stop losses, limits all are working as they should. And to top it all I'm in profit for the 4th period in a row. Not the best in the spreads but as you can open an account with their $100 what have you got to lose.
Oct 19, 2007,

I have been trading with FX Club for a few months, using the Rumus2 as the platform. There should be no problem for funding or withdrawing, since I have been dealing with the company several times and all the trasactions be processed within 1-2 business days, especially funding by VISA only takes less than 24 hours.
But the trading policies are kind of sucks, they actually take the average (kind of wam calculating) to set your orders, eg. if you buy A/J at 103 and 102.80 both with quantity 5000, then when the 2 orders be done, you'll see in the position as 102.90 with quantity 10000, that's really weird.
Anyway, if you're not trading the news time, then no worries at all, carry trade is good choice at all times combined with technical analysis. Their interest rates charged are quite normal, take long term positions would be better for those good at carry trades.
New York,
Nov 15, 2007,

Hello All!

It is true that their TP look very hard to understand but if you take a little time to play with it you will find it very usefull! I'm realy satisfied regarf to their execution. No slippage at all and when you get two-way quotes from the server you can be 100% sure they are not gonna change. You get what you get. That's really impressive!
Nov 22, 2007,

I am very new to Forex trading. I traded in the Demo account for a number of months and did pretty well. It took me some time to understand the IDS system. I do not trade in Rumas at this time. I rarely trade with "Request Price" since most people like myself, do not have the discipline to get out when the trade goes against you. They keep hoping it will turn around and lose more money. I usually find it safer to trade with, "If Done Orders" and at a low “lot” maybe between 3 or 5 pips. I trade the buy with a 20 pip profit and usually a 10 pip stop loss. If I lose, I lose 10 pips. If I win, I win 20 pips. For newer ones use 1 as your “lot” and be very safe until you can feel confident to raise it. As far as FX Club, they have been great. Every time I call, John answers, remembers my last name, believe it or not, and calls me Mister and my last name, and if he cannot answer my question he transfers me to a trader. The trader then answers my questions or fixes my problem. Any problems or losses I personally have had, have been the direct result of my own lack of knowledge. I started with, $300.00. I made two stupid mistakes in setting my trade parameters, not paying close attention, and lost about half of my position. I count it as the cost of my education. Other losses were simply because the market went a different direction than I thought it would. I am quite happy with FX Club.
New York,
Dec 12, 2007,

Scam, their price is always five points in their favor away from true market price. I think that the gent from Moscow is correct when he says that they are Russian Mafia. Thety leave a bad taste in my mouth. I suspect that all of the positive reviews posted about them are form employees from their company or people that have no experience with currency trading.
Yasser Aly
Dec 21, 2007,

Very Thanks to this Broker he gives you 100$ to start trading in a live account and you can only withdraw what you win over this 100 . I Start trading with it i win 34$ but after that i start to loose because his PF have the following disadvantages and in the same time very fatal if you trade with large lots and have large balance : 1. When you put a S/L or T/P it doesn't always work , that means when you leave your desk you can loose all your money.
2. When i enter with for example 2000 amount (0.02 lot) during the trade it will be changed automatically by the system to 4000 amount .
3. If you want to enter the market on the spot you see that there is a point appear to enter now unfotunately you cannot put aS/L OR T/P points . I have sent to his C.S. These complains but they cannot do anything only they told me that they put these complains as feedback to solve these problems in the second Version of his PF . So i recommend to trade on his demo till these problems solved .
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