FxClub.org(.com) Review

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.

FC is a good, reliable broker and I never regretted of choosing it. I prefer to use Rumus as I like its design and performance. Order execution is a bit slow but as for the rest I have nothing to compain about.

Review Moderation Team Note: 4 Star rating removed. This is one of a large number of fake positive reviews recently submitted for FxClub and Akmos. We hope that this note discourages whoever is behind this review spam.

This review is for FxClub (aka Libertex).

I've been trading with these guys for almost two years (March 2016). I traded without problems making profit and even they allowed me to make a withdrawal once.

Two months ago on Oct 17, I placed a withdrawal request which was rejected one, two, a number of times. Each time they requested a different document, supposedly for AML verification.

I provided the documents in timely matter the same day they requested them. On the other hand one has to wait days, even weeks for them to reply an email. When I provided everything you could imagine and there was nothing left to ask using the AML excuse, they stop replying me and the account was put under "verification".

Verification of what? The account has been blocked/under verification ever since, and no one explained anything for the last month and a half. The only person that replies my emails once a week is an account manager that is unable to get any responses or explanations for me. According to him "internal control" doesn't provide any information about this case.

I traded FX many years and I know what's normal and what's not. This broker is showing a scam behavior, illegally withholding my funds without any explanations. We are talking about usd 30k here, it's not a couple hundred dollars.

I still have hopes of recovering my funds, I will post again when I have any update.

Hello everybody
I participate in a competitiopn forexclub.org after three days of competition I was the 1 st rank and unfortunately there are simply remove my account I do not know why someone for meter work with them loool look at my statment and watch the Standings I hope that each person has an account with them stopped trader because it's really a big scam

NFA fines Forex Club 300k USD

http://www.nfa.futures.org/basicnet/Case.aspx?entityid=0358265&case=12BCC00031&contrib=NFA

First of all I want to thank all the traders that voted Forex Club (FX Club) as a scammer.
Now to avoid to others traders to get the same robbery I had with Forex Club and to draw the attention of somebody on my case I give at the following the profile of Michael Felice the president and principal of Forex Club(FX Club) this is very interesting:

He was associate of Index Futures Group (doing business as Jack Carl/312-Futures) with 71 CFTC REPARATIONS CASES and 11 REGULATORIES ACTIONS.
He was associate of Balfour Maclaine Futures Inc with “only” 41 CFTC REPARATIONS CASES and 18 REGULATORIES ACTIONS.
And for the others companies where he was associate usually there were regulatory actions for:
• FINANCIAL
• OFFICE RECORDKEEPING
• SALES PRACTICE
• NFA GENERAL DISCIPLINARY ACTION
• CFTC ADMINISTRATIVE ACTION

Forex Club until now as only one Regulatory action in February 2010 ( FINANCIAL, OFFICE RECORDKEEPING) but the most “funny” is the status of Michael Felice on the NFA website:
• PRINCIPAL WITHDRAWN 07/26/2010
• NFA ASSOCIATE MEMBER WITHDRAWN 07/26/2010
• ASSOCIATED PERSON WITHDRAWN 07/26/2010
• FOREX ASSOCIATED PERSON APPROVED 12/02/2011
• ASSOCIATED PERSON REGISTERED 03/01/2011
• NFA ASSOCIATE MEMBER APPROVED 03/01/2011
As you can see after the regulatory action he wasn’t principal and associate of Forex Club neither NFA associate member and one year later he is “coming back”!!

I am a taker of all information and idea, I don't want to leave this thiefs out of trouble, they have to pay the robbery and I will fight for it. So thank you for your mails.
Maxruben
haimfranck@yahoo.fr

I'm fully satisfied with the services that FC provides. You can use various platforms depending on your income and time that you can spend trading. The site itself is very well-organized and you can find any necessary information there quite easily.

Review Moderation Team Note: 5 Star rating removed. This person has left multiple reviews under different names. The FPA does not appreciate review spammers.

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.

Just talked to rep. they will start MT4 someday next month. I guess that's a good news. :)

From July 31, 2013 blocked the account, motivating it with the beginning of some kind of verification. Each week, various documents are requested, and so far the withdrawal of funds has been blocked. Do not give any intelligible explanations, even about the reasons for the check. They operate with a very vague term "dubious non-trade operations", by definition of which, based on their regulations, such can be considered any transactions with the account. They demonstrate obvious fraudulent behavior, they do not want to pay money. The account is $ 23k.