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    Regulated

    ForexClub

    ForexClub

    Cyprus
    10-15 years Regulated in Belarus Retail Forex License MT4/5 full license Regional Brokers
    Website:

    https://libertex.org

    Expose
    Score
    0 1 2 3 4 5 6 7 8 9
    .
    0 1 2 3 4 5 6 7 8 9
    0 1 2 3 4 5 6 7 8 9
    10
    License Index 5.50
    Risk Management Index 0.00
    Software Index 8.97
    Business Index 8.29
    Regulatory Index 5.47
    Company Abbreviation

    ForexClub

    Registered country

    ForexClub Cyprus

    Company Name

    Forex Club International Limited

    Company address

    --

    Website

    https://libertex.org/

    National Bank of the Republic of Belarus
    NBRB Regulated

    Retail Forex License

    Broker Information

    Customer Service Phone Number

    --

    Customer Service Email Address

    support@libertex.org

    Company summary More
    Let me correct the erro.
    Pyramid scheme complaint
    Expose

    Check whenever you want

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    WikiFX Risk Alerts
    1
    2021.10.22
    The number of the complaints received by WikiFX have reached 8 for this broker in the past 3 months, please be aware of the risk and the potential scam!
    EA VPS

    No restriction on the broker account. Provide service support by WikiFX

    Single Core

    1G

    40G

    ៛ 4039.20/month
    Open immediately

    Benchmark

    Trading environment rating source: real trading data of 85,714 WikiFX VPS users

    B
    Average transaction speed(Millisecond)
    Statistics on the time taken from the submission of an order to its execution by the server among orders. The smaller the value the better for the investor.
    510.7
    The fastest transaction speed(Millisecond)
    Statistics on the minimum time taken from order submission to server execution among orders.
    234
    Average disconnection frequency(Times/day)
    The average number of automatic disconnections of the trading software per day. The smaller the value, the more stable the trading server is.
    0.8
    Average reconnection time(Millisecond)
    The average time for the trading software to reconnect automatically if disconnection occurs. Smaller value indicates faster reconnection
    2.5
    Average trading slippage
    3.5
    Maximum transaction slippage
    2
    Average transaction cost
    Statistics on the sum of the average spread and commission cost for 1 lot of mainstream currency trading. The smaller the value the better for the investor.
    EURUSD 8.05USD/lot
    XAUUSD 38.49USD/lot
    Average Rollover Cost
    Statistics on the average rollover cost for 1 lot of mainstream currency trading (rollover fees for long orders, rollover fees for short orders). The investor's cost is lower
    EURUSD Long: -4.26USD/lot Short: 0USD/lot
    XAUUSD Long: -5.76USD/lot Short: 0.09USD/lot
    Unable to withdraw Unable to withdraw
    It asked me to joined the activity. Please help.
    Chen

    2021/8/24 10:54:57

    Unable to withdraw Withdrawal problem.
    Everytime a client wanted to withdraw funds from his account, this broker asked for new documents, thereby harassing him. Still today, he is facing the same problem.
    FXNAVbro5427

    2021/6/25 8:06:27

    Unable to withdraw Unable to withdraw
    Margin and tax have been asked.
    FXHDOytt3127

    2021/6/20 8:13:51

    Unable to withdraw Fraud App
    Unable to withdraw. 10 million downloads. Don't know how much they scammed
    FXEASbhv1868

    2021/6/6 22:53:51

    Resolved Close my account for insufficient activity. There is still some money here and trading history.
    Close my account for insufficient activity. There is still some money here and trading history.
    FXYDDrgm9829

    2021/3/15 4:35:29

    Unable to withdraw It has been a week since I applied for withdrawal
    I submitted the withdrawal appplication on Tuesday and I have not been able to withdraw the money. I said that the review only takes one working day and it’s been a week. It’s not finished yet. I don’t understand why the platform for more than ten years is like this. This platform is really unreliable. The customer service handles the problem. I'm not active anyway, I don't know what to wait
    FXJPOknw3725

    2021/3/12 16:07:26

    Resolved
    FXKQVmay4220

    2020/11/15 7:19:47

    Resolved Force me to trade and I’m unable to withdraw
    I invested here but lost money. I wanna withdraw my rest money $2,900, yet this platform didn’t allow me to withdraw and force me to invest. This is my money and now I don’t want to invest anymore, why don’t you allow me to withdraw? There is no such thing. Is there any justice? This is the first time that I’ve met something so ridiculous!
    FXBGEiik0687

    2020/9/29 21:56:47

    Transaction data

    WikiResearch

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    • Total Margin
    • Active Trade
    • New User
    • Stop Out
    • Total Profit
    • Total lots
    • Spread Cost
    • Net Deposit
    • Net Withdraw
    No data
    ForexClub · MT4/5
    Identification Result MT4/5 full license
    The formal brokers with MT4/5 full license offer complete system service and follow-up technical support. In general, their businesses and techniques are relatively mature and the risk management abilities are much stronger.
    ForexClub-MT4 Market Real 3 Server
    MT4
    Server Name
    ForexClub-MT4 Market Real 3 Server
    Most visited countries/areas
    China
    ForexClub-MT4 Market Real 2 Server
    MT4
    Server Name
    ForexClub-MT4 Market Real 2 Server
    Most visited countries/areas
    Russia
    ForexClub-MT4 Demo Server
    MT4
    Server Name
    ForexClub-MT4 Demo Server
    Most visited countries/areas
    Russia
    ForexClub-MT4 Market Demo Server
    MT4
    Server Name
    ForexClub-MT4 Market Demo Server
    Most visited countries/areas
    ForexClub-MT4 Market Real Server
    MT4
    Server Name
    ForexClub-MT4 Market Real Server
    Most visited countries/areas
    Russia
    ForexClub-MT4 Real 2 Server
    MT4
    Server Name
    ForexClub-MT4 Real 2 Server
    Most visited countries/areas
    Russia
    ForexClub-MT4 Real Server
    MT4
    Server Name
    ForexClub-MT4 Real Server
    Most visited countries/areas
    ForexClub-MT5 Demo Server
    MT5
    Server Name
    ForexClub-MT5 Demo Server
    Most visited countries/areas
    Russia
    ForexClub · Website

    Most visited countries/areas

    China Uzbekistan Belarus India
    fxclub.cn
    Server Location
    Hong Kong
    Most visited countries/areas
    China
    Website Domain Name
    fxclub.cn
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    103.6.128.172
    Website
    --
    Company
    --
    fxclub.org
    Server Location
    Netherlands
    Most visited countries/areas
    Uzbekistan
    Website Domain Name
    fxclub.org
    ICP registration
    --
    Domain Effective Date
    2000-09-04
    Server IP
    206.54.178.201
    Website
    --
    Company
    --
    forexclubchina.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    forexclubchina.com
    ICP registration
    --
    Domain Effective Date
    2017-12-11
    Server IP
    104.24.119.148
    Website
    --
    Company
    --
    libertex.org
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    libertex.org
    ICP registration
    --
    Domain Effective Date
    0001-01-01
    Server IP
    104.20.79.110
    Website
    --
    Company
    --
    forexclub-china.com
    Server Location
    United States
    Most visited countries/areas
    --
    Website Domain Name
    forexclub-china.com
    ICP registration
    --
    Domain Effective Date
    2009-03-30
    Server IP
    104.18.13.183
    Website
    --
    Company
    --

    ForexClub

    Free CompensationMore details

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    ;
    National Bank of the Republic of Belarus

    National Bank of the Republic of Belarus (NBRB)

    The National Bank of the Republic of Belarus(NBRB) is the central bank of Belarus, located in the capital city, Minsk. The bank was created in 1922 under the name of "Belarusian Republican Bank" , but soon worked under the direction of the State Bank of the USSR. Undergoing reorganizations in 1959 and 1987, the bank appeared in its current form in 1990 after the passage of banking rules upon declaring independence from the Soviet Union. The bank's activities are regulated in the Banking Code enacted in October 25, 2000. Article 25 of the Banking Code, provides that one of the main functions of the NBRB is to ensure efficient, reliable and safe functioning of the interbank settlement system, and prescribes procedures for cash and non-cash settlements in the Republic of Belarus.

    • Licensed Institution :

      Forex Club

      Effective Date :

      2016-04-19
    • Email Address of Licensed Institution :

      info@fxclub.by

      License Type:

      No Sharing
    • Website of Licensed Institution :

      www.fxclub.by,investing.by,http://www.forexclub.by/,http://www.forex.by/,http://www.libertex.by/

      Expiry Date :

      --
    • Address of Licensed Institution :

      220030, Minsk, Nemiga St. 5, office 503

      Phone Number of Licensed Institution :

      +375 33 905 22 20
    • Licensed Institution Certified Documents :

      Forex Club NBRB牌照 View Certified Documents ForexClub-NBRB牌照210617 View Certified Documents Forex Club-NBRB牌照200417 View Certified Documents

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    Load failure

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    Special Note

    ×
    ForexClub

    1.pngWikiFX only provides the legal URL of the platform published by the regulatory website.

    1.pngWikiFX will not disclose your personal information to third parties.

    1.pngIn order to prevent users from being spoofed by phishing websites, fake URLs or domain name hijackings, WikiFX doesnt provide the content though this app.

    1.pngThe use of any service by the client through the official website access channel provided by WikiFX is a personal behavior. Please ensure that you have undergone sufficient preparation and risk management before use.

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    為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    ForexClub
    * Contact number
    0086
    *Enter your phone number
    *Reporting Reasons

    *Enter your reason
    Related Photos
    Confirm to Submit

    Submit successfully!

    You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'

    Confirm

    ForexClub · Company summary

      General Information & Regulation of Forex Club

      Founded in 1997, Forex Club has more than 20 years of experience in financial markets and online trading, serving 2.2 million clients from more than 110 countries. Forex Club is authorized and regulated by the Cyprus Securities and Exchange Commission (Registration No. 164/12) and the National Bank of Belarus (Regulation No. 192580558).

      Market Instruments of Forex Club

      Forex Club offers investors more than 250 trading assets, including Forex currency pairs, indices, stocks, metals, agricultural products, crude oil and natural gas, and ETFs online.

      Minimum Deposit of Forex Club

      Forex Club has three trading platforms and, therefore, three types of trading accounts: Libertex, MT4, and MT5. The minimum initial deposit to open a Libertex account is equal to $10, which is much lower than most brokers' initial account opening requirements.

    image.png

      Leverage of Forex Club

      The maximum leverage available is up to1:1000,which is considered high. Traders, howeve, should be careful, because high leverage level may lead to heavy fund losses,exceeding initial investment.

      Spreads & Commissions of Forex Club

      Forex Club's fixed spreads are above average, amounting to 3 pips for the EUR/USD pair. Its variable spreads, the ones on the MT4 (market execution) start from 0.2 pips and involve a commission of $4. So the minimum trading costs per standard lot are around 1 pips for this pair.

    image.png
    image.png

      Trading Platforms of Forex Club

      Forex Club offers traders the main trading platforms Libertex, MT4, and MT5. The Libertex trading platform allows investors to quickly withdraw profits online from anywhere in the world, with free practice and a $50,000 demo deposit when signing up for a demo account. MT5 is the latest version of the most popular forex trading software. In addition to traditional forex currency pairs, the new MT5 terminal allows investors to trade stocks, indices, crude oil & natural gas, agricultural products, digital cryptocurrencies, and more.

      Deposit and withdrawal of Forex Club

      Forex Club Forrest supports traders to deposit and withdraw funds from their investment accounts via UnionPay, VISA, JCB, MasterCard, Alipay, WeChat, Bitcoin, and Skrill.

      Customer Support

      Traders needing assistance from FX Clubs staff can receive direct responses 24/5 via phone, chat and email. We tested all three of these services and were extremely pleased with the results. Although it took the team about 10 hours to answer our email.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.