Forex Club Review 2026

Item: FOREX CLUB
Rating: 4.39
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: June 01, 2026

Top Brokers Overview — United States

Visit the site anyway

Min. deposit $100
Fees 5 /10
Account types 5.1 /10
Regulation 4.7 /10

4.4 /10

High risk

FOREX CLUB User Reviews 6.7
Commissions and Fees 5.0
Regulation and Safety 4.7
Account Types 5.1
Deposit and Withdrawal 6.5
Markets and Tradable Assets 6.8
Trading Account Opening 9.0
Trading platforms & tools 7.7
Mobile Apps 7.1
Customer Support 5.5

FOREX CLUB Pros & Cons

best trading conditions for novice traders;
a wide range of financial tools: currency pairs, indices, futures, stocks, cryptocurrencies;
the ability to choose the optimal leverage up to 1:1000;
a wide range of deposit and withdrawal methods;
always updated analytics and the informational section "Education".

You need to register to the official website to study the affiliate program conditions;
temporary trading terminals malfunctioning;
there is no detailed glossary on the site.

TU Expert Verdict

FOREX CLUB carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

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FOREX CLUB User Reviews

Score:

6.7 /10

42 total

5-star

21%
4-star

5%
3-star

64%
2-star

7%
1-star

2%

I was attracted by the fact that Forex Club has been on the market for a long time and offers a variety of trading platforms: MT4, MT5 and Libertex. I opened an account via Qiwi and deposited the minimum 10 dollars. I haven't made much money yet, the profit for two weeks is 18 dollars. Forex Club spreads are comparable to other brokers, but technical support is not always fast. There are enough tools, but the training is ordinary, I didn't learn anything new.

Привлекло, что Forex Club давно на рынке и предлагает разнообразие торговых платформ: MT4, MT5 и Libertex. Завел счет через Qiwi, пополнил на минимальные 10 долларов. Больших заработков пока не было, прибыль за две недели — 18 долларов. Спреды на Forex Club сравнимы с другими брокерами, но техническая поддержка отвечает не всегда быстро. Инструментов достаточно, но обучение — обычное, ничего нового не узнал.

I opened an account at Forex Club for the sake of testing the functions of the multi-terminal. I deposited 50 dollars, traded with leverage 1:600, tried trading cryptocurrencies - Bitcoin and Litecoin. I liked the interface of the Libertex terminal, but spreads are sometimes higher than stated. I made 2% profit for two weeks, withdrew 20 dollars to Visa card, received the next day. In general, the conditions are standard, the platform is stable.

Открыл счет на Forex Club ради тестирования функций мульти-терминала. Депозит внес 50 долларов, торговал с плечом 1:600, пробовал торговать криптовалютами — Bitcoin и Litecoin. Понравился интерфейс терминала Libertex, но спреды иногда выше заявленных. За две недели сделал 2% прибыли, выводил 20 долларов на карту Visa, поступили на следующий день. В целом условия стандартные, платформа стабильная.

I registered at Forex Club because of the affiliate program - they promise up to 40% of the income of attracted traders. I opened my main account on MT5-Market, deposit - 120 dollars. I traded currency pairs, the average spread was 0.5 pips. From the disadvantages - the terminal hung a couple of times, and not all training materials are available without registration. I managed to earn 25 dollars for a month, no referrals yet.

Зарегистрировался на Forex Club из-за партнерской программы — обещают до 40% от дохода привлечённых трейдеров. Основной счет открыл на MT5-Market, депозит — 120 долларов. Торговал валютными парами, средний спред — 0,5 пункта. Из недостатков — терминал пару раз зависал, и не все обучающие материалы доступны без регистрации. За месяц удалось заработать 25 долларов, рефералов пока нет.

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Commissions and Fees

Score:

5 /10

The trading and non-trading commissions of FOREX CLUB have been analyzed and rated as having Medium fees, with a fees score of 5/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.

Tight EUR/USD market spread

Above-average Forex trading fees

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of FOREX CLUB with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, FOREX CLUB’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

FOREX CLUB Standard spreads
	FOREX CLUB	ZForex	OANDA
EUR/USD min, pips	0.2	0.1	0.1
EUR/USD max, pips	1.5	0.4	0.5
GPB/USD min, pips	0.2	0.2	0.1
GPB/USD max, pips	1.5	0.6	0.5

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

FOREX CLUB RAW/ECN spreads
	FOREX CLUB	ZForex	OANDA
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3	7	3.5
EUR/USD avg spread	0.1	0.1	0.15
GBP/USD avg spread	0.2	0.15	0.2

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with FOREX CLUB. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

FOREX CLUB Non-Trading Fees
	FOREX CLUB	OANDA
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0-1	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0.8-2.5	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0	0-15
Inactivity fee ($, per month)	10	0

Is FOREX CLUB Safe?

Score:

4.7 /10

FOREX CLUB has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated
Negative balance protection
Track record over 29 years

Not tier-1 regulated

FOREX CLUB Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
The Financial Commission	Full Name The Financial Commission	Country of regulation International	Investor Protection Fund Up to €20,000	Regulation Level Tier-3

FOREX CLUB Security Factors
Foundation date	1997
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

5.1 /10

FOREX CLUB offers the following account options: Demo, Standard, ECN/Raw spread, Micro, Swap Free, VIP.

However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.

Forex account with Micro lots
Exclusive VIP account with enhanced trading conditions
Standard account with balanced trading conditions

No Cent account

FOREX CLUB account types vs top competitors
	FOREX CLUB	Trading.com	ZForex
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	Yes
Demo	Yes	Yes	Yes
Cent	No	No	No
Micro	Yes	No	No
Swap Free	Yes	No	Yes
VIP	Yes	No	No
Managed	No	No	No

FOREX CLUB accounts trading conditions

Forex Club offers several types of accounts to choose from.

Account Type	Description
Libertex	is an account that allows you to work without paying a spread using over 100 financial instruments. Market execution of orders and a maximum leverage of 1:999 are the key features;
MT4	account with a minimum lot size of 0.01 of lots and market execution of orders. Spread — from 0 pip;
MT5	account with a minimum lot size of 0.01 of lots and advanced features of MetaTrader 5 platform. Spread is 0 pips.

In order to thoroughly test the trading conditions and functionality of the available platforms, you can open a free demo account with a broker. After mastering the basic principles of work, open a trading account, replenish your deposit and start trading.

The Forex Club broker offers several types of accounts for its clients. Their conditions make it possible to engage in active and passive trading not only professionals, but also for novice traders in the Forex market.

Deposit and Withdrawal

Score:

6.5 /10

FOREX CLUB received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

FOREX CLUB provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

Minimum deposit below industry average
Bitcoin (BTC) accepted
Bank wire transfers available
Bank card deposits and withdrawals

BTC not available as a base account currency
Only major base currencies available
Withdrawal fee applies

What are FOREX CLUB deposit and withdrawal options?

FOREX CLUB provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT.

FOREX CLUB Deposit and Withdrawal Methods vs Competitors
	FOREX CLUB	Trading.com	ZForex
Bank Wire	Yes	Yes	No
Bank card	Yes	Yes	Yes
PayPal	No	No	No
Wise	No	No	No
BTC	Yes	No	Yes

What are FOREX CLUB base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. FOREX CLUB supports the following base account currencies: USD, EUR.

What are FOREX CLUB's minimum deposit and withdrawal amounts?

The minimum deposit on FOREX CLUB is $100, while the minimum withdrawal amount is $20. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FOREX CLUB’s support team.

Markets and Tradable Assets

Score:

6.8 /10

FOREX CLUB offers a limited selection of trading assets compared to the market average. The platform supports 126 assets in total, including 54 Forex pairs.

ETFs investing
Crypto trading
Indices trading

Bonds not available
Limited asset selection

Supported markets vs top competitors

We have compared the range of assets and markets supported by FOREX CLUB with its competitors, making it easier for you to find the perfect fit.

	FOREX CLUB	Trading.com	ZForex
Currency pairs	54	69	50
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.	126	69	80
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	No
Options	No	No	No

Investment options

We also explored the trading assets and products FOREX CLUB offers for beginner traders and investors who prefer not to engage in active trading.

	FOREX CLUB	Trading.com	ZForex
Bonds	No	No	No
ETFs	Yes	No	No
Copy trading	Yes	No	Yes
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with FOREX CLUB in 7 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at FOREX CLUB is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Fully online account opening process
Fast registration time (up to 15 minutes)
Low minimum deposit requirement

Account approval may require extra time depending on the documentation.

FOREX CLUB account opening
	FOREX CLUB	Trading.com	ZForex
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$10
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	7	20	8
KYC time (days)	2	2	1

Is FOREX CLUB available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

To start working on the Forex exchange through the Forex Club broker and save on the spread with Traders Union help, you must follow these steps:

Step 1. Register on the Traders Union site and follow the affiliate link to the Forex Club broker website. Click the "Registration" button on the main page and open an account after choosing a trading terminal.

Step 2. Log in to the system. Specify the username (email address) and password to do this. Registration is considered completed after e-mail confirmation.

The following is available in the Forex Club ‌ personal account:

Section “My accounts” with information on the available balance and internal transfers between accounts.
Information on the bonuses available.

There are also many other useful functions and features:

the “Reports” section with information on all transactions performed and the payment history;
information about company news and current promotions;
available services — indicators, ready-made investment solutions;
educational section with the latest Forex analytics and news;
online-chat — the ability to ask a question and post a claim.

Trading platforms & tools

Score:

7.7 /10

FOREX CLUB received a score of 7.7/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.

MetaTrader is available
Trading bots (EAs) allowed
Strategy (EA) Builder is available
One-click trading

No TradingView integration
No access to cTrader and its advanced tools.
No access to API

Supported trading platforms

FOREX CLUB supports the following trading platforms: MT4, MT5. This selection covers the basic needs of most retail traders. We also compared FOREX CLUB’s platform availability with that of top competitors to assess its relative market position.

	FOREX CLUB	Trading.com	ZForex
MT4	Yes	No	No
MT5	Yes	Yes	Yes
cTrader	No	No	No
TradingView	No	Yes	No
Proprietary platform	No	Yes	No
NinjaTrader	No	No	No
WebTrader	No	Yes	No

Key FOREX CLUB’s trading platform features

We also evaluated whether FOREX CLUB offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.

Supported features
2FA	Yes
Alerts	Yes
Trading bots (EAs)	Yes
One-click trading	Yes
Scalping	Yes
Supported indicators	68
Tradable assets	126

Additional trading tools

FOREX CLUB offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.

FOREX CLUB trading tools vs competitors
	FOREX CLUB	Trading.com	ZForex
Trading Central Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.	No	Yes	No
API	No	No	No
Free VPS	No	No	Yes
Strategy (EA) builder A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without requiring programming skills.	Yes	No	No
Autochartist Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key price levels.	No	No	No

Mobile Apps

Score:

7.1 /10

FOREX CLUB supports mobile trading, offering dedicated apps for both iOS and Android. FOREX CLUB received a score of 7.1/10 in this section, indicating a generally acceptable mobile trading experience.

Supports mobile 2FA
Mobile alerts supported
Indicators supported

Weak user feedback on iOS

We compared FOREX CLUB with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.

	FOREX CLUB	Trading.com	Plus500
Total downloads The parameter reflects the combined number of installations from both the Apple App Store and Google Play. It serves as an approximate indicator of the broker’s mobile trading app popularity and user adoption across platforms.	10,000,000	50,000	10,000,000
App Store score App store scores reflect the average user ratings of the broker’s mobile applications on the Apple App Store and Google Play. These ratings indicate user satisfaction based on criteria such as usability, stability, performance, and overall experience.	2.6	4.8	4.7
Google Play score	3.6	4.7	4.4
Mob. 2FA	Yes	Yes	Yes
Mob. Indicators	Yes	Yes	Yes
Mob. Alerts	Yes	Yes	Yes

Customer Support

Score:

5.5 /10

Customer support at FOREX CLUB is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.

During testing, response times were moderate, and communication depended on the complexity of the request. FOREX CLUB provides basic support functionality but does not stand out in overall service performance.

Information

Broker’s Customer support staff respond to customer questions on a 24/7 basis. Dealing department works 24/5:

Online chat and phone support
Support is available in 6 languages.

Finance department does not work on weekends

Working hours during the summer time in the USA — from 9:00 PM GMT Sunday to 9:00 PM GMT Friday;

Working hours during the winter time in the USA — from 10:00 PM GMT Sunday to 9:00 PM GMT Friday.

There are several ways to contact Customer support:

by phone numbers indicated on the site;
request a call back;
in online chat via social networks;
via feedback form.

Contacts
Foundation date	1997
Registration address	The Financial Services Centre, P.O. Box 1823, Stoney Ground, Kingstown, VC0100, St. Vincent & the Grenadines
Regulation	The Financial Commission
Official site	https://www.fxclub.org/
Contacts	support@fxclub.org 8-800-2002-600

Best FOREX CLUB Alternatives

title="Trading.com USA" Trading.com USA

Trading.com USA

8.8 /10

Regulation Tier-1

EUR/USD 0.9 pips

title="ZForex" ZForex

ZForex

7.9 /10

Regulation Not regulated

EUR/USD 0.1 pips

title="Plus500" Plus500

Plus500

7.5 /10

Regulation Tier-1

EUR/USD 0.5 pips

title="OANDA" OANDA

OANDA

6.9 /10

Regulation Tier-1

EUR/USD 0.1 pips

title="FOREX.com" FOREX.com

FOREX.com

6.8 /10

Regulation Tier-1

EUR/USD 0.7 pips

FAQs

How is FOREX CLUB regulated and what does its safety score indicate?

FOREX CLUB has a safety score of 4.7/10, which corresponds to a low security level in this review. It is regulated by The Financial Commission, classified here as a Tier-3 regulator, and offers negative balance protection and KYC verification, but it is not tier-1 regulated, which may be considered higher risk compared with brokers overseen by top-tier authorities.

What do reviews say about FOREX CLUB’s commissions, spreads, and non-trading fees?

This section rates FOREX CLUB’s overall fee level as medium, with a fees score of 5/10. It notes relatively tight EUR/USD spreads on Standard accounts (typically 0.2–1.5 pips) and ECN accounts with a $3 per lot commission and low average spreads, but also highlights above-average Forex trading fees and non-trading charges such as a 0–1% deposit fee, 0.8–2.5% withdrawal fee, and a $10 monthly inactivity fee.

How do reviews describe the range of trading account types at FOREX CLUB?

According to this section, FOREX CLUB offers Demo, Standard, ECN/Raw spread, Micro, Swap Free (Islamic), and VIP accounts, but does not provide a Cent or Managed account. It also describes specific account setups such as Libertex (no spread, up to 1:999 leverage) and MT4/MT5 accounts with 0.01 lot minimums and spreads from 0 pips, while noting that detailed conditions beyond these points are not fully specified in the review.

What does the review say about opening a trading account with FOREX CLUB?

The review states that FOREX CLUB offers a fully online registration process that took 7 minutes in testing, with KYC verification completed within 2 business days and a minimum deposit of $100. It also mentions that account approval time can vary depending on documentation and describes features available in the personal account area, such as reports, news, promotions, and an online chat, without detailing all possible onboarding scenarios.

What do user reviews and feedback suggest about FOREX CLUB’s mobile trading apps?

The mobile section reports that FOREX CLUB supports trading apps for iOS and Android with mobile indicators, alerts, and 2FA, and assigns a mobile safety score of 7.1/10. Based on available user reviews, the App Store rating of 2.6 and Google Play rating of 3.6 indicate mixed to weak user feedback on iOS and somewhat better, but still moderate, feedback on Android.