Score

5.92 /10
Average

Forex Club

Saint Vincent and the Grenadines

15-20 years

Regulated in Belarus

Retail Forex License

MT4 Full License

Global Business

High potential risk

A

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Comparison

Quantity 10

Exposure

Open Account
Website

Score

Regulatory Index5.50

Business Index8.68

Risk Management Index0.00

Software Index9.99

License Index5.50

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

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Forex Club International LLC

Company Abbreviation

Forex Club

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-07-18
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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Unable to Withdraw

Fraud App

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

2021-06-07 06:53
Scam

They stole $5877 from me for no reason

They stole $5,877 dollars from me, they are scammers... I had $14,143 in my trading portfolio and when I tried to withdraw part of my capital, Libertex rejected my withdrawal..... After a few hours, they debited me $5,877, I filed a claim and they told me that it is a trading correction as you can see in the image..... Trading correction???.... 2 months have passed and my money was never returned, have I lost it or have I been 5877 dollars stolen from my working capital libertex is the worst broker I have come across please listen to my message and stay away from Libertex or Forex club nobody controls them their regulation is useless because I wrote to CYSEC And neither do I they paid attention so their regulations are just ghosts.... Maybe you think you are making money but when you raise an amount of money libertex will take it all from you and they will simply make any excuse to cover their theft.... My name is Ana Cecibel Patiño Pullaguari and my Libertex account number is 1700679747... I leave my details to hope that one day Libertex will return my money, otherwise my complaint will never be eliminated....... Libertex says that according to its rules the funds were debited to my account because other clients lost money and bonuses so libertex takes the profit from other traders that is totally illegal

2022-11-29 22:57
    Sources
    Forex Club · Company summary
    Forex ClubReview Summary
    Registered On2024-07-18
    Registered Country/RegionSaint Vincent and the Grenadines
    RegulationRegulated
    Market InstrumentsForex, Indices, Precious Metals, Energies
    Demo Account
    LeverageUp to 1:1000
    SpreadFrom 0.0 pips
    Trading PlatformMT4, MT5
    Min Deposit$100
    Customer Supportcs@help.forexclub.org
    Live Chat

    Forex Club Information

    Founded in 1997, Forex Club serves over 3 million users in more than 120 countries. It offers diversified trading in forex, precious metals, etc., with spreads as low as 0.1 points and leverage up to 1:1000. Supporting MT4/5 and copy trading, it currently provides a maximum cashback of $5 per lot for trading gold, crude oil, and other products.

    Forex Club

    Pros and Cons

    Pros Cons
    RegulatedNo Islamic account
    Multiple trading instrumentsHigh leverage risk (1:1000)
    MetaTrader 4/5 availableThe campaigns restrictions (limited to specific instruments)
    Copy Trading available
    $5 campaign cashback
    Zero commission (Standard Account)

    Is Forex Club Legit?

    The National Bank of the Republic of Belarus regulates Forex Club with the license number 192580558, indicating relatively high security.

    regulates
    regulates

    What Can I Trade on Forex Club?

    Tradable Instruments Supported
    Forex
    EnergiesCommodities
    Indices
    Precious Metals
    Shares
    ETFs
    Bonds
    Mutual Funds
    Instruments

    Account Type

    Account Type StandardECN
    Supported Platforms:MT4MT4
    Spread:From1.6 pipsFrom 0.0 pips
    Commissions:No commissions6
    Account Currency:US DollarUS Dollar
    Minimum Deposit:100 USD100 USD
    Minimum Trade Size:0.01 lot0.01 lot
    Liquidation Ratio:30%30%
    Max leverage.:1:10001:1000
    Tradable Products:Precious Metals, Commodities, Stocks, Indices, CFDs, etc.Precious Metals, Commodities, Stocks, Indices, CFDs, etc.
    EA Trading:SupportSupport

    Forex Club Fees

    The standard account has zero commission and only charges a spread starting from 1.6 pips, while the ECN account has a spread as low as 0.0 pips but requires a $6 commission.

    Leverage

    ProductLeverage
    Forex/Indices1:1000
    Precious Metals1:500
    Energies1:400

    Trading Platform

    Forex Club provides the mainstream trading platforms MT4 and MT5, supporting multiple versions including Windows, iOS, Android, Mac, and WebTrader.

    Trading PlatformSupported Available Devices Suitable for
    MT4Windows, iOS, Andorid, Mac, WebTraderBeginners
    MT5Windows, iOS, Andorid, Mac, WebTraderExperienced Traders
    MT5

    Deposit and Withdrawal

    The minimum deposit for Forex Club is $100. More detailed information on deposits and withdrawals has not been disclosed.

    Copy Trading

    Traders can directly copy the trading strategies of “signal sources” in the community, which is suitable for users who lack trading experience or hope for passive investment.

    Bonus

    From May 1 to June 30, 2025, traders can get a maximum cashback of $5 per lot for trading products such as gold and crude oil. Both new and existing customers are eligible to participate.

    cashback

    News

    NewsIs it really an accident? Russian billionaire Vyacheslav Taran died in a mysterious helicopter crash

    The Russian billionaire Vyacheslav Taran has died due to a mysterious helicopter crash on Nov 25.

    WikiFX
    2022-12-03 08:00
    Is it really an accident? Russian billionaire Vyacheslav Taran died in a mysterious helicopter crash

    User Reviews

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    User comment

    13

    Comments

    Write a review

    FX3666416402
    0-3months
    ตอนที่ลงทะเบียนครั้งแรก ฉันเห็นว่าคู่มือแนะนำของพวกเขามีประโยชน์มาก และฝ่ายบริการลูกค้าก็เป็นมิตรมาก ฉันจะแนะนำพวกเขาถ้าพวกเขามีประโยชน์กับฉันหลังจากใช้งานไประยะหนึ่ง
    ตอนที่ลงทะเบียนครั้งแรก ฉันเห็นว่าคู่มือแนะนำของพวกเขามีประโยชน์มาก และฝ่ายบริการลูกค้าก็เป็นมิตรมาก ฉันจะแนะนำพวกเขาถ้าพวกเขามีประโยชน์กับฉันหลังจากใช้งานไประยะหนึ่ง
    Translate to English
    2025-07-18 17:47
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    forexclub
    more than one year
    我遇到的服务人员就很好,交易两三年了没有问题,而且快三十年的老公司,赞助了拜仁和f1赛车
    我遇到的服务人员就很好,交易两三年了没有问题,而且快三十年的老公司,赞助了拜仁和f1赛车
    Translate to English
    2025-05-21 12:05
    Reply
    0
    0
    10