6.8/10
(103 qualified reviews)
US Traders
  • Interest rate on funds
  • Bonus offers
  • Free education
  • Personal manager
  • Trading by telephone
  • Managed accounts
  • Affiliate program
  • Requires sending documents via postal mail
  • Company FOREX CLUB INTERNATIONAL LIMITED
  • Founded in 1997
  • Online since 2005
  • Offices in
    • China
    • Cyprus
    • Russian Federation
    • Spain
    • Ukraine
  • Payment options
    • Credit/debit cards
    • QIWI
    • Wire transfer
  • Demo platforms
    • Libertex
  • Account currencies
    • Euro
    • Russian rouble
    • United States dollar
  • Currency pairs
    Show currency pairs Hide currency pairs
  • Regulated by
    • Association of Forex Dealers (Russia), 005
    • Bank of Russia, 045-13997-020000
    • NAFD (Russia), 3А
    • NBRB (Belarus), 2
  • Website available in
    Show website languages Hide website languages
  • Support available in
    • Chinese
    • English
    • Portuguese
    • Russian
    • Spanish
  • Support methods
    • Live chat
    • Phone
  • Trading server time zone GMT
  • VPS for traders Free for deposits greater than $5,000.
  • Mobile trading
  • Browser-based platform
  • Minimum account size $150
  • Minimum position size 0.01 lot
  • Spread type Fixed
  • Spread on EUR/USD, pips 0
  • Commission (one-way) per 1 std. lot $15
  • Scalping Allowed
  • Expert advisors Forbidden
  • Trading instruments
    • Forex1:500
    • Gold & silver1:100
    • CFD1:100
    • Oil1:100
    • Agriculture1:100
    • Metals1:100
    • Cryptocurrencies1:10
  • Trading platforms
    • Libertex
  • Digits after dot 4
  • Number of currency pairs (of which exotic) 54 (24)
  • History
    Show history Hide history
View contract specifications

Reviews

78 reviews of Libertex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, Uk.

Forex Club is a reliable broker. I never had a problem with withdrawal or deposit, execution of orders is not bad, excellent support and rich list of instruments.

, Netherlands.

Forex Club is a broker that you really can trust. The company is fast-growing and every year it attracts lots of new clients. The broker's site provides all the necessary information for a newcomer and there are also different educational materials that will help you to learn the base principals of trading. I respect FC for their professionalism and desire to improve their services.

, Latvia.

I believe that Forex Club is an excellent broker. I was lucky to choose it at the very beginning of my trading career and I'm happy that we are still together. FC gives me all I need: comfortable platforms, reasonable spreads, fast withdrawals and only the latest and most important information.

, Austria.

I've been cooperating with Forex Club for quite a long time. To be honest I've had some problems with getting cash once or twice but finally the support team fixed them. I do believe that success in trading mostly depends on you and your experience. Broker only helps you to use your knowledge to earn on Forex market. That's why it is absolutely useless to blame a broker for loosing your money.

, Sweden.

In my opinion Forex Club is an excellent company that provides the best service and good trading conditions. I can't say about the others but as for me FC meets my requirements perfectly.

, Ireland.

I respect Forex Club as this company has never let me down. I've trading with FC for over a year and I can say that this broker really does its best to satisfy the most demanding clients. I especially appreciate their fast and reliable system of getting cash and friendly and helpful support team.

, France.

Hi everybody.

Just want to give you my experience with FxClub (Forex Club) to avoid to others traders to get caught like I did and if you have any idea please I am very interested..

I started to trade with them on fifth July 2011. At the end of September I had 50% of gain in my account (despite they ripped me out once at the end of July by not respecting the 50% of margin requirement by the market authorities).

Already when I recovered completely my loss at the beginning of September the troubles have started (the Act trader platform twice took the opposite side of my order).

But with 50% of profit Fx Club changed completely the rules.

Despite my mails, nothing has changed. At the end of November they had scammed me and had stolen me more than 50.000,00usd in less than 4 months.

Don't think about CFTC and NFA if you are NOT American citizen or resident in the USA they won't help you out !!

This company is a bucket-shop. They are pretty dishonest and have deceptive trade practices and fraudulent unfair practices.

With their IT department they created a sinister software to take you at least for every trade 4 pips and to allow them to froze the trading platform called Act Trader to avoid you to take you gain.

Peter Tatarnikov the CEO is an untruthful person. I advised him about the unfair and dishonest practices of his company he answered me that he is going to take care about it and see the trouble with his IT department, but 3 months later I was still waiting. I had recorded during many days the activity of the trading platform, when I send him two videos, the same day my computer couldn't find the file of the act trader platform and I had to download it again from their website.

About the founder of the company Michael Felice, President and Principal of the firm, 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 opened a scam alert folder on forex peace army and a case and the verdict came: GUILTY

scam alert folder:

scam-alerts-folder/18353-carefull-forex-club-racketing-word-they-know-very-well.html

verdict:

GUILTY Case# 2012-004 | maxruben vs www.fxclub.com/

Take a look of the videos, I hope this information can avoid others traders to get"caught" like I did.

If you want more proofs just ask me.

haimfranck@yahoo.fr

PS: if you make some good research on the web you will see that FxClub is more Russian than American.

, UK.

Forex Club is a great company. I studied a lot of materials before I chose that broker. FC has a good reputation among serious clients, it provides high quality service and its support team is always ready to help. I'm sure that FC will only improve in the course of time.

, ukrain.

I think FC is the best company for a newcomer like me. You can take a training course here and their managers are very helpful. The company is stable and reliable.

, Norway.

I consider Forex Club to be an honest broker which appreciates its clients and really does its best to provide excellent service. The company is one of the oldest on the market and it has a great experience in this sphere which explains why FC is very popular among traders.

, Switzerland.

I respect Forex Club for its professionalism and high quality service. The company provides comfortable trading conditions including spreads, platforms and system of getting cash. Besides this broker is the one that you can really trust - it has a spotless reputation on the market.

, Ukraine.

I believe that Forex Club is a decent broker. I've been cooperating with this company for over 5 years and I'm not going to change it for another. All the conditions satisfy my demands and expectations. I think that FC really matches up to its title of one of the best brokers on the market.

, Ru, St. Petersburg.

I've been working with Forex Club for about a year. I heard about it earlier. I know that it is rather old and reliable broker. The service is good and there is much useful information on their website.

, Minsk.

I have the live account with FC for 1 year and don't have any serious problems with them. The site keeps on growing and so do their offers. It would be interesting to see their next move. Sometimes the execution is slow, but there is no ideal broker.

, USA.

I'm fully satisfied with the service that FC provides as the broker really does everything to make trading more profitable and exciting: it offers nice spreads, reasonable deposits and constantly develops the system by inventing new interesting services that widen the scope of opportunities for us.

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