Forex Club was founded and initially focused on educating traders and providing them with access to the foreign exchange market.
Over the years, the company has expanded internationally, opening representative offices in various countries and introducing new financial products.
The main mission has always been to provide quality service and educate clients for successful trading on financial markets.
Forex Club actively invests in the education of its clients.
The company offers courses, webinars and training materials that help to develop their skills.
It also provides access to analytics, forecasts and trading signals.
One of the key aspects of working with a broker is its regulation and licensing, as this directly affects the safety of clients’ funds and transparency of operations.
Forex Club, as a large international broker, works in accordance with the requirements of regulatory bodies of various countries, which allows it to offer its services legally and provide a high level of client protection.
The club has licenses from different regulators, depending on the jurisdiction in which it provides its services.
For example, for European clients, the company may be licensed in one of the European Union countries, which meets strict standards of safety and transparency.
One important aspect of licensing is the requirement for the broker to hold client funds in separate accounts.
This means that clients’ money is kept separate from the company’s funds, which minimizes the risk of losing them in case of financial difficulties at the broker.
In some jurisdictions, Forex Club may be a member of a compensation scheme for clients, which provides additional protection in the event of a broker’s bankruptcy.
This is another element of security that helps clients feel more confident.
Forex Club offers both fixed and floating spreads, which can vary depending on market conditions.
Fixed spreads remain constant regardless of market volatility, while floating spreads may increase or decrease depending on liquidity and market activity.
In some cases Forex Club charges a commission for transactions.
This may apply to trading stocks, cryptocurrencies or other instruments where the commission is charged as a percentage of the transaction amount.
For those who prefer to trade without commissions, there are accounts with increased spreads, which allows you to avoid direct costs for opening and closing positions.
Forex Club offers different leverage depending on the type of asset and trading account.
Leverage allows traders to trade with a larger position than their equity, which increases the profit potential but also the risks.
There are ongoing promotions where members can receive cashback or other types of rewards for active trading.
This can be useful for those who trade large volumes and want to reduce their costs.