Forex Club, established in , is the brand name for a group of companies that provides clients from over countries with platforms and services for trading Forex, CFDs and other online trading and educational products. Traders can choose from 45 currency pairs and more than CFDs. Typical leverage is 1: Forex Club Account Types. Forex Club offers Swap accounts. Forex trading is a SPOT trading, which means that all trades are settled on the second business day after a position has been opened.
Swap operation is used to avoid the physical delivery of a currency. In essence, in the end of each trading day, all positions are closed and immediately re-opened at SWAP price. SWAP is executed automatically at The Navigator window provides quick access to various program functions.
It includes a list of accounts, and available technical analysis indicators. The Navigator also provides a list of all available custom indicators and scripts — libraries of custom functions that are used to keep frequently-used parts of custom programs.
And Autochartist, a system of notification of appearing graphic models and trading signals, is also available. The Expert Advisor program written in MetaQuotes language implements a specific trading strategy. The Expert Advisor has access to the terminal data and can execute trading transactions automatically. Another interesting feature at ForexClub is TradeCloud which is a web-based system which makes all Forex Club trading platforms accessible from any PC, laptop, iPhone, iPad, or Android connected to the internet.
TradeCloud eliminates the fundamental drawbacks of desktop platforms and effectively provides traders with the power, reliability, and security of a mainframe, from anywhere in the world. Trading Central is sophisticated software that does the complicated math so traders can see the direction and duration of current trends for a chosen currency pair as patterns emerge.
This analysis gives the actionable intelligence needed to find the best possible trading opportunities. It offers an intuitive interface, constant coverage of the market with signals updated multiple times an hour and back tested indicators to assess and ensure trends and to pinpoint optimal times to place trades.
In fact, all the services at ForexClub are provided free of charge with a certain level of deposit. The index is also used to forecast the best time to buy or sell a currency and is a tool that gives traders a better understanding of the current market situation in greater detail. Several chart patterns are presented and they are explained in detail. All news is sent to the client terminals as it is received from the above-mentioned sources. For the Russian clients there is a free number Support responses are fast and professionally.
Forex Club has a wide range of features that suit both new and experienced traders. I was pleased to see that a demo account is available with a generous amount of virtual money. I was disappointed, however, that there were no bonuses or promotions offered, something that most brokers use to attract more clients. Report Broker Scams Forex Widgets. Due to strict US regulation many brokers aren't able to accept traders with US citizenship.
See our list of recommended brokers that do accept US traders. Top Online Forex Brokers. Forex Club Contact this company. Sara Patterson Review Date: Enter your email address here:More...