FX Club

[Landser 10]

Hi guys,

I'd like to know if anyone of you has an experience of trading with that Forex broker. There're lots of contradictory feedbacks on the Internet while my friends tell me that this company is well-regulated (by NFA AFAIK) and quite reliable.

Any comments please?

[Obsidian 10]

BASIC Details

(generally speaking, when choosing a broker don't forget to check their history with the laws)

 

Forex Club | Fxclub.com reviews and ratings by Forex Peace Army

[henryduncan12 10]

I have heard about this broker but not trade with them. Yes, there is "NFA" at header of the site, So you can get more info about it by themself. Is there any specific reason to trade with them?

[Landser 10]

BASIC Details

(generally speaking, when choosing a broker don't forget to check their history with the laws)

 

Forex Club | Fxclub.com reviews and ratings by Forex Peace Army

 

Thanks for the links! According to their NFA history they had only 1 claim which I think is very good for the broker of such size.

[Landser 10]

Is there any specific reason to trade with them?

My friends recommended me their Rumus platform which according to them is very comfortable. Also the EURUSD spread here is just 3 pips.

 

But for a newbie like me the most attractive feature in Forex Club is the opportunity to participate in seminars and educational programs.

 

Will try to open a demo account to test them

[Lavazza 10]

How about requotes in FC? I heard that almost every broker has them especially when volatility is high.

[Landser 10]

How about requotes in FC? I heard that almost every broker has them especially when volatility is high.

 

So here are some impressions from having demo accounts in FC.

 

First and the foremost - multiple platforms. There are ExpressFX (for those who want to start trading, that platform has user-friendly interface), Rumus (exclusive platform developed by FC), ActTrader (best choice I think) and wide-known MT4. Most of these platforms have mobile versions so you can trade through your iPhone or Android-phone, which is very comfortable.

 

During almost 3 weeks of trading on ActTrader I haven't experienced any major requotes, lags etc. Yes, in periods of heightened volatility sometimes it's difficult to open a deal but it's a quite common thing for all the brokers and platforms I tried. BTW, the customer service is always online (and judging by their ability to stay calm and friendly to me examining them they have lots of patience).

 

Some traders can consider the level of leverage about 1:50 as a disadvantage but I think it's a good way to learn traders how to control their own risks.

 

And now I seriously think of opening a real account in FC.

[Mysticforex 13]

My friends recommended me their Rumus platform which according to them is very comfortable. Also the EURUSD spread here is just 3 pips.

 

But for a newbie like me the most attractive feature in Forex Club is the opportunity to participate in seminars and educational programs.

 

Will try to open a demo account to test them

 

Just my opinion... 3 pip spread on E/U sucks.

[MadMarketScientist 11]

Here is all their info:

 

http://www.traderslaboratory.com/forums/forex-broker-reviews/11962-forex-club.html?ltr=F

[bobcollett 10]

So here are some impressions from having demo accounts in FC.

 

First and the foremost - multiple platforms. There are ExpressFX (for those who want to start trading, that platform has user-friendly interface), Rumus (exclusive platform developed by FC), ActTrader (best choice I think) and wide-known MT4. Most of these platforms have mobile versions so you can trade through your iPhone or Android-phone, which is very comfortable.

 

During almost 3 weeks of trading on ActTrader I haven't experienced any major requotes, lags etc. Yes, in periods of heightened volatility sometimes it's difficult to open a deal but it's a quite common thing for all the brokers and platforms I tried. BTW, the customer service is always online (and judging by their ability to stay calm and friendly to me examining them they have lots of patience).

 

Some traders can consider the level of leverage about 1:50 as a disadvantage but I think it's a good way to learn traders how to control their own risks.

 

And now I seriously think of opening a real account in FC.

 

Well Landser

After this mighty fine write-up, careful they dont put a "C" under your name.

regards

bobc

[mcharec 10]

i , sorry, but anyone know more about Ava fx , or Ava trading ?

thanks a lot.

[Landser 10]

they dont put a "C" under your name.

HI bobcollett, can you please explain this? Cause I don't really get

[bobcollett 10]

HI bobcollett, can you please explain this? Cause I don't really get

 

Hi Lanser

That was 2 weeks ago. I cant remember

I think I was just being complimentary.

regards

bobc

[gosu 10]

I thought the first rule of FX Club is: You do not talk about FX Club.

[karoshiman 10]

I thought the first rule of FX Club is: You do not talk about FX Club.

 

 

Yeah!

 

And...

 

2nd RULE: You DO NOT talk about FX CLUB.

 

3rd RULE: If your method says "stop", the trade is over (= stop loss).

 

4th RULE: Only two guys to a trade (= Buyer and Seller, i.e. no educators, coaches, etc.).

 

5th RULE: One trade at a time (= focus on one instrument, strategy, etc.).

 

6th RULE: No shirts, no shoes (...er?).

 

7th RULE: Trades will go on as long as they have to (= until profit target or stop loss hit, no premature exits due to namby-pamby emotional behavior).

 

8th RULE: If this is your first session at FX CLUB, you HAVE to trade (= real money, no sim account trading).

[Landser 10]

gosu, karoshiman

[karoshiman 10]

gosu, karoshiman

 

Landser, you couldn't say it with a better picture!

[Lavazza 10]

Also the EURUSD spread here is just 3 pips.

First - 3 pips on EURUSD isn't 'just'. It's a HUGE spread.

Second - FC doesn't have such a spread at all I'm also looking information about this broker and I see that it has 2 pip spread on MT4 and 0.6 pip on ActTrader.

[Landser 10]

First - 3 pips on EURUSD isn't 'just'. It's a HUGE spread.

Second - FC doesn't have such a spread at all I'm also looking information about this broker and I see that it has 2 pip spread on MT4 and 0.6 pip on ActTrader.

 

You're right, this spread applies only to Rumus platform

Their Start FX2, for example, has 0 spread.

[Lavazza 10]

You're right, this spread applies only to Rumus platform

Their Start FX2, for example, has 0 spread.

 

I didn't find any special bonuses or other incentives to open an account with them. Do they practice such things?

[Landser 10]

I didn't find any special bonuses or other incentives to open an account with them. Do they practice such things?

 

I don't know about them either but it doesn't really matters to me. Actually I don't trust various bucketshops that offer you an opportunity to win a Lotus Evora, new fridge or similar stuff while their real spreads getting near 70+ pips.

 

When I choose a broker, I judge by it's real trading conditions, not marketing incentives.

[Landser 10]

BTW guys does anyone of you have experience in PAMM investing or something like that? I'm asking since FC launched Investment Account service that looks quite interesting in the contest of future returns.

[Lavazza 10]

Ive read tons of information about pamms and investing in forex and came to the conclusion that it worth trying.

Landser so how's your search of feedback?

And answer my PM pls

[Landser 10]

So I became an investor in Forex Club.

For the month yield was about 5% - not so much but I believe it's going to grow in a course of time.

Merry Christmas and happy New Year everyone!

[Landser 10]

The month was not as good as I was hoping: the yield was about 0.3% since the manager a little bit overcelebrated the holidays. Thanks god I managed to pick a new manager before it was too late for my dimes.

 

But in general, the service looks more and more comfortable to use.