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About WikiFX


    10-15 years
    Regulated in Belarus
    Retail Forex License
    MT4/5 full license




    The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints! The WikiFX Score of this broker is reduced because of too many complaints!




    National Bank of the Republic of Belarus

    Retail Forex License

    NBRB Regulated


    • Company Name:

      Forex Club International Limited
    • Company Abbreviation:

    • Place of registration:

    • Regulatory Status:

    • Customer Service Email Address:

    • Customer Service Phone Number:

    • Company summary

      GeneralInformation&RegulationofForexClubFoundedin1997,ForexClubhasmorethan20yearsofexperienceinfinancialmarketsandonlinetrading,serving2.2millionclientsfrommorethan110countries.ForexClubisauthorizedandregulatedbytheCyprusSecuritiesandExchangeCommission(RegistrationNo.164/12)andtheNationalBankofBelarus(RegulationNo.192580558).MarketInstrumentsofForexClubForexCluboffersinvestorsmorethan250tradingassets,includingForexcurrencypairs,indices,stocks,metals,agriculturalproducts,crudeoilandnaturalgas,andETFsonline.MinimumDepositofForexClubForexClubhasthreetradingplatformsand,therefore,threetypesoftradingaccounts:Libertex,MT4,andMT5.TheminimuminitialdeposittoopenaLibertexaccountisequalto$10,whichismuchlowerthanmostbrokers'initialaccountopeningrequirements.LeverageofForexClubThemaximumleverageavailableisupto1:1000,whichisconsideredhigh.Traders,howeve,shouldbecareful,becausehighleveragelevelmayleadtoheavyfundlosses,exceedinginitialinvestment.Spreads&CommissionsofForexClubForexClub'sfixedspreadsareaboveaverage,amountingto3pipsfortheEUR/USDpair.Itsvariablespreads,theonesontheMT4(marketexecution)startfrom0.2pipsandinvolveacommissionof$4.Sotheminimumtradingcostsperstandardlotarearound1pipsforthispair.TradingPlatformsofForexClubForexClubofferstradersthemaintradingplatformsLibertex,MT4,andMT5.TheLibertextradingplatformallowsinvestorstoquicklywithdrawprofitsonlinefromanywhereintheworld,withfreepracticeanda$50,000demodepositwhensigningupforademoaccount.MT5isthelatestversionofthemostpopularforextradingsoftware.Inadditiontotraditionalforexcurrencypairs,thenewMT5terminalallowsinvestorstotradestocks,indices,crudeoil&naturalgas,agriculturalproducts,digitalcryptocurrencies,andmore.DepositandwithdrawalofForexClubForexClubForrestsupportstraderstodepositandwithdrawfundsfromtheirinvestmentaccountsviaUnionPay,VISA,JCB,MasterCard,Alipay,WeChat,Bitcoin,andSkrill.CustomerSupportTradersneedingassistancefromFXClubsstaffcanreceivedirectresponses24/5viaphone,chatandemail.Wetestedallthreeoftheseservicesandwereextremelypleasedwiththeresults.Althoughittooktheteamabout10hourstoanswerouremail. About More
    Pyramid scheme complaint

    WikiFX APP!

    Global Forex Broker Regulatory Inquiry APP!

    WikiFX Risk Alerts

    Previous Detection: 2021.09.27 Risk: 1 Item

    • The number of the complaints received by WikiFX have reached 5 for this broker in the past 3 months, please be aware of the risk!

    WikiFX Verification

    Transaction data

    • Exhibition Area

    • Survey

    • MT4/5

    • Website

    • Genealogy

    • Clones

    • Keywords

    • Time Machine

    • Score

    • Total Margin

    • Active Trading

    • New User

    • Stop Out Rate

    • Total Profit

    • Total lots

    • Spread Cost

    • Net Deposit

    • Net Withdraw

    Last Updated Time 2021-09


    • Delivery Index

    • Market Analysis

    • Material Delivery

    • Ad Brand

    • Search Source

    • Language

    Last Updated Time 2021-09
    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 :

    • Email Address of Licensed Institution :


      License Type:

      No Sharing
    • Website of Licensed Institution :


      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

    ForexClub · MT4/5

    Identification Result

      ForexClub · Website

      Most visited countries/areas

          No content

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          Load failure

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          ForexClub· Genealogy

          ForexClub · Clones

          ForexClub · Market Analysis

          The data are from WIKI Research    2021.09.27 updated

          WikiFX prompts you

          This broker's score is relatively low.

          Please choose wisely! Please avoid unnecessary loss

          ForexClub · Survey×




          Alternate Text

          Data Sources WikiResearch 2021.09.27 Update


          Data Sources WikiResearch 2021.09.27 Update

          ForexClub · Chart

          Insufficient data samples

          Rank by user activity which is calculated by the number of customers with trading operations of the broker within the stat period
          Data provided by WikiFX Data

          Insufficient data samples,Browsing is not supported temporarily

          Alternate Text

          Data Sources WikiResearch 2021.09.27 Update

          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
          * Contact number
          *Enter your phone number
          *Reporting Reasons

          *Enter your reason
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          Submit successfully!

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

          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.


            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.


            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.