The Forex Club brokerage firm is one of the earliest representatives of the industry. This company has been on the market since 1997. It provides access to world exchanges and provides a range of services for brokers and traders. In today’s article we will tell you on what conditions the cooperation takes place, we will describe the key features of the intermediary firm.
What services does Forex Club provide?
When choosing a brokerage company to enter the international market, a speculator should pay special attention to the presented functionality and working conditions. Forex Club provides its clients with the following services:
- The welcome bonus assumes getting 100% of the first deposit. To withdraw bonus funds, the trader is advised to clarify the terms of the program in advance. As a rule, in order to earn money, it is necessary to conduct several speculative transactions with the acquired finances.
- The site has a free demo account. By creating a unique strategy of behavior, a speculator can test himself in the market without financial risks. Trading with virtual funds allows you to gain trading experience, test a new methodology and determine your real chances of earning.
- Broker provides analytical materials and news reports. The information will simplify fundamental analysis and allow you to quickly make a decision on placing trade orders.
- Trading platform Metatrader 5 provides high quality trades, new types orders and a wide range of instruments. Using this system, the speculator gets access to analytical reports and price charts.
- More than 25 methods are offered to replenish a deposit or withdraw funds. Among them are e-wallets and bank cards.
- If an investor does not want to understand complex market processes, he can use ready-made trading solutions. The client is offered a model portfolio, investment ideas and systems for making money. All this simplifies the activities of a stock speculator and increases his chances of getting rich.
- Beginners are encouraged to take basic and special courses, watch webinars and register at the academy. Having received special knowledge, a trader will be able to operate successfully in the global market and secure a regular income.
- Stocks, indices, currency pairs, crypto coins, commodities and energy resources are offered as investment assets.
By understanding what trading conditions the firm offers, a trader can understand whether this intermediary is right for him. At the same time, it is recommended to pay attention not only to the declared services, but also to comments on brokerage activities. Online reviews provide important information to consider when choosing an exchange intermediary.
Pros and cons of a brokerage company
The development of high technologies has made significant adjustments to the life of a stock trader. If earlier, in order to make speculative transactions, it was necessary to contact a broker by phone, now any operation of selling or buying an asset is carried out online and requires just a few clicks. At the same time, the popularization of trading also has negative aspects, including the widespread use of fraud. To find a truly reliable and conscientious broker, you need to conduct a thorough analysis.
On the Internet, you can find many diverse comments about the professional activities of Forex Club. Negative aspects include poor training, poor maintenance and customer support issues. These complaints can be attributed to the inexperience of stock speculators, as most of the comments are positive. The advantages include official regulation and registration of the company with the Central Bank Commissions. The firm provides a Russian-language website, which is very convenient for traders from Russia and the CIS.
Before making a final decision, you should check the company’s rating in international lists. As a rule, independent web resources regularly publish the names of the best brokers and inform the population about fraudsters. A high-quality check of a brokerage organization significantly reduces the likelihood of loss of invested capital.
