Global Broker Regulation Inquiry App
WikiFX

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

ForexClub

Saint Vincent and the Grenadines Saint Vincent and the Grenadines | 15-20 years |
ECN Account Regulated in Belarus | Retail Forex License | MT4 Full License | Global Business | Russia Retail Forex License Revoked | High potential risk

https://www.fcglobal-cn.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

ForexClub-MT4 Demo Server

Russia
Russia
MT4
159

Influence

A

Influence index NO.1

Ukraine Ukraine 8.30
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

159
Server Name
ForexClub-MT4 Demo Server MT4
Server Location Russia Russia

Influence

Influence

A

Influence index NO.1

Ukraine Ukraine 8.30
Surpassed 49.70% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

cs@help.forexclub.org
https://www.fcglobal-cn.com/
VPS Standard
No restriction on the broker account
CPU

Single Core

RAM

1G

SSD

40G

ADSL

1M*ADSL

Open
WikiFX Risk Alerts
  • WikiFX has received a total of 50 user complaints against this broker, please be aware of the risks and do not be scammed!
4

Basic Information

Registered Region
Saint Vincent and the Grenadines Saint Vincent and the Grenadines
Operating Period
15-20 years
Company Name
Forex Club International LLC
Abbreviation
ForexClub
Company employee
--
Customer Service Email Address
cs@help.forexclub.org
FX2923934464

FX2923934464

Unverified

Hong Kong

They won't let me withdraw my funds. It's been a long time. I deposited $1,000 and made a profit of $1,000, but they won't let me withdraw it.

Exposure

FX9361527012

FX9361527012

Unverified

Hong Kong

Over the past few days, we have reviewed the circumstances under which our child was led to incur losses, and we hope that the official platform can assist our family. In September 2022, our child met an individual named Zhang Qingkui online. He has an account on your platform and initially shared many of his successful investment stories, claiming to be a professional investor. He persuaded our child to take a loan of 1600 yuan from the "Mashang Consumer" platform on September 19, 2022, and transfer it to him (screenshot evidence attached). He then used this money to fund his account on Forex Club, assuring our child that it was a legitimate stock company in China. After some time, around the end of September, he informed us that he had lost all the invested money due to dissatisfaction with his earnings, leading to investment failure. Our child desperately asked him to return the principal without success. He then trivialized the loss by mentioning he had previously lost over $70,000 and suggested that recovering the loaned principal would simply involve registering a new account for my child, which he promised to manage to recoup the funds. He took my child's email and ID number and contacted a lady via WeChat. He then sent my child an account login and password along with the platform URL and instructed her how to make deposits. He registered her on the Forex Club platform (claiming that this person was an employee of this trading company and was Russian) to reassure my child. On October 1st, he continued to guide my child to take more loans for further deposits and purchases. The losses continued until May 2023 when Zhang deleted my child’s contact information and disappeared. Initially transferring over 1500 yuan in principal led my child deeper into debt—from hundreds initially to thousands and tens of thousands later—just trying to recover the original amount (the account never returned a profit). As a parent finding out about this situation is devastating. We are a single-parent family; I am currently incapacitated waiting for government pension funds and unable to work. With the loan repayment date approaching and my child’s tuition fees for 2025 due soon, our family is unable to repay these debts and doesn’t know what to do next. We have sought police assistance who advised us to provide documentation and initially communicate with your platform among other steps. However, we still prioritize communication based on our trust in your official response hoping Forex Club can consider that my child was misled into this situation and grant a request for the refund of the principal amount. Thank you.

Exposure

FX9361527012

FX9361527012

Unverified

Hong Kong

In September 2022, my child met a person named Zhang Qingkui online. Zhang introduced many of his successful investment cases to my child, claiming to be a professional investor. He persuaded my child to take a loan of 1600 yuan from the "Mashang Consumer" platform on September 19, 2022, and transfer it to him (screenshot evidence attached). Zhang used this money to recharge on your platform, Forex Club, telling my child that it was a legitimate stock company in China. My child saw that the account name was indeed her own (official records can verify this person's trading activities). By the end of September, Zhang informed us that he had lost all the invested money due to dissatisfaction with his earnings, leading to investment failure. My child desperately asked him to return the principal without success. Later, Zhang told my child that this amount of money was insignificant as he had previously lost over $70,000. To retrieve the loaned principal, he only needed to help my child register an account which he would use to recover the funds. He took my child's email and ID number and contacted a lady via WeChat. He then sent my child an account login and password along with the platform URL and instructed her how to make deposits. He registered her on the Forex Club platform (claiming that this person was an employee of this trading company and was Russian) to reassure my child. On October 1st, he continued to guide my child to take loans for more deposits and purchases. He also guided her to log into his own regulatory account which could only be viewed but not operated, teaching her how to buy stocks. The losses continued, and in May 2023, Zhang deleted my child’s contact information and disappeared. Initially transferring over 1500 yuan in principal led my child deeper into debt—from hundreds initially to thousands and tens of thousands later—just trying to recover the original amount (the account never returned a profit, and Zhang Qingkui has not returned the principal), resulting in our current situation. As a parent finding out about this situation is devastating. We are a single-parent family; I am currently incapacitated waiting for government pension funds and unable to work. With the loan repayment date approaching and my child’s tuition fees for 2025 due soon, our family is unable to repay these debts and doesn’t know what to do next. We hope Forex Club can consider that my child was misled and defrauded, return our losses so we can repay the loans, and allow my child to successfully complete her studies!

Exposure

awakemime

awakemime

Authenticated
Unverified

Thailand

I have known Forex Club since early 2018. I studied his methods, and I can confidently say that it is the main reason for my success as a professional trader today. Forex Club is clear, analytical, supportive, and responsive to every student. I have seen many scams and failed trading companies over the past six years. Forex Club is one of those rare mentors who provides support, honesty, and expertise. His institution offers very fair pricing, and you will never feel left behind with the level of support he provides. Thanks to him and his team, my trading journey has gone much further than I ever thought possible.

Positive

Positive

FX3666416402

FX3666416402

Unverified

Thailand

When I first registered, I saw that their guide was very helpful and the customer service team was very friendly. I would recommend them if they prove useful to me after using them for a while.

Neutral

Neutral

forexclub

forexclub

Unverified

Malaysia

I have encountered very good service personnel, trading for two to three years without any problems, and it is a nearly thirty-year-old company that sponsors Bayern and F1 racing.

Neutral

Neutral

forexclub

forexclub

Unverified

Malaysia

Not bad, it's been a well-established company for thirty years.

Positive

Positive

Lochin Elibaev

Lochin Elibaev

Verified

Uzbekistan

Good broker, everything works as the client wants

Positive

Positive

Vxero

Vxero

Unverified

Malaysia

Leverage levels are just right for my risk appetite and trading strategy.And customer service is always there to help, no matter what time of day it is.

Positive

Positive

FX1705321758

FX1705321758

Unverified

India

As someone fairly new to forex, I found their educational tools to be extremely helpful. Their step-by-step guides have made it easier for me to understand the complexities of trading.

Positive

Positive

Marios Nicolaou

Marios Nicolaou

Unverified

Cyprus

Customer support is quit and supportive,I do recommend Forex Club for forex trading due to their low spreads.

Positive

Positive

KK5549

KK5549

Unverified

Hong Kong

It’s a rubbish platform that doesn’t give withdrawal. And once again, you need to submit various information. I'm speechless, I'm unlucky.

Exposure

FX2663243892

FX2663243892

Unverified

Hong Kong

Maliciously liquidated, the margin is still 60 U.S. dollars, in advance of maliciously liquidated. After the liquidation, the market situation is reversed. the liquidated mechanism randomly messed up, causing me to liquidate!

Exposure

FX3520007468

FX3520007468

Unverified

Hong Kong

On March 13, 2021, ForexClub suffered serious slippage, causing the account to be liquidated. I sent an email to the platform, and they admitted that the data was wrong, but they refused to resolve it. No solution or compensation for losses has been provided so far. This is all the hard-earned money of customers who trust you. Is your platform worthy of your customers? Who would dare to use such a platform?

Exposure

FX3907553751

FX3907553751

Unverified

Hong Kong

When withdrawing money, you need to authenticate your bank card. But after filling in the bank card, the next application still needs to be filled in, and there is no approval process error to inform me. I emailed customer service and they didn't reply. I feel that the platform has run away, and only the function of depositing money is left.

Exposure

AAAA201253

AAAA201253

Unverified

United States

The spread is not high, deposits and withdrawals are relatively fast, and commissions are always normal.

Positive

Positive

贵族丶番茄

贵族丶番茄

Unverified

United States

Hello. I'm really confused. There are many reviews of 5 green stars and also one star red. I just opened my account yesterday. When I read these reviews many different experiences, I don't know really to continue or not.

Neutral

Neutral

有毒919

有毒919

Unverified

Hong Kong

At 20:24 on September 13, 2022, the server was paralyzed and could not perform any operations, and it did not recover until 20:35. After recovery, the account was directly liquidated. The same situation happened to more than a dozen people in the group. I immediately contacted the platform's customer service to deal with it. After providing the platform transaction log and other supporting materials according to the requirements of the customer service, I was told that I logged in to other accounts during the server crash and the operation was successful, but I only opened one account on the platform. I used this for various reasons in the future It has been more than four months since I refused to compensate, and it has not been resolved for me.

Exposure

Js2730

Js2730

Unverified

Hong Kong

Yesterday I placed orders fo GBPNZD at 1.90861 for 5 orders, and then the platform to help me into the single into is 1.89795 bit slippage nearly 1000 points, and yesterday GBPNZD bit directly in the 1.90800 bit, there is no 1.89795 nor which line to this bit, resulting in me into 0.5 received a direct loss of 400 U.S. dollars, hanging a total of 5 single into A total of 5 single into the 3 single, resulting in my loss of 1000 U.S. dollars, your platform slippage a few points I also admitted, you slippage so much directly lead to account loss so much, but also said it is normal, this is not a strike pit people?

Exposure

FX1709182095

FX1709182095

Unverified

Hong Kong

On November 23, 2022, at 15:30 on the Forex platform, all gold pending orders liquidated in seconds, both long and short. It can be liquidated in seconds, the platform reply is waiting to be processed. It has been 10 days, and nothing has been done

Exposure

72
Account
Related Software
WikiFX Data
Marketing Strategy
Biz Area
Website
Genealogy
Relevant Enterprises
Employees
Company Summary
News
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
Full License MT5
Full License MT5
15
MT4 Servers
5
MT5 Servers
209.57
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect
Meta Trader 4
Meta Trader 4
Perfect
Meta Trader 5
Meta Trader 5
Perfect

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Total Margin Trend

VPS Region User Products Closing time
Shanghai Shanghai 478*** EURNZD 09-10 10:29:59
BeiJing BeiJing 409*** NZDCHF 09-09 10:29:18
Taipei Taipei 938*** AUDCHF 09-09 10:33:41

Stop Out

0.70%

Stop Out Symbol Distribution

6 months

Sources
Language
Mkt. Analysis
Creatives

Website

Most visited countries/areas
China China
  • United States fcglobal-cn.com
    172.66.42.225
  • Hong Kong fcofficial.online
    20.239.114.201
  • Hong Kong fcofficials.com
    20.239.114.187
  • United States fc-official.com
    13.35.166.44
  • United States forexclub-online.com
    104.21.95.173
  • United States forexclub-global.com
    172.67.184.160
View More

Genealogy

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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

Keywords

  • 15-20 years
  • Regulated in Belarus
  • Retail Forex License
  • MT4 Full License
  • MT5 Full License
  • Self-developed
  • Global Business
  • Russia Retail Forex License Revoked
  • High potential risk

News

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

News Is 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.

User Reviews 72

All (72) Positive (7) Neutral (3) Exposure (62)
FX9361527012
FX9361527012
Within 1 year
Exposure
Seeking Help from Forex Club Official Platform
Over the past few days, we have reviewed the circumstances under which our child was led to incur losses, and we hope that the official platform can assist our family. In September 2022, our child met an individual named Zhang Qingkui online. He has an account on your platform and initially shared many of his successful investment stories, claiming to be a professional investor. He persuaded our child to take a loan of 1600 yuan from the "Mashang Consumer" platform on September 19, 2022, and transfer it to him (screenshot evidence attached). He then used this money to fund his account on Forex Club, assuring our child that it was a legitimate stock company in China. After some time, around the end of September, he informed us that he had lost all the invested money due to dissatisfaction with his earnings, leading to investment failure. Our child desperately asked him to return the principal without success. He then trivialized the loss by mentioning he had previously lost over $70,000 and suggested that recovering the loaned principal would simply involve registering a new account for my child, which he promised to manage to recoup the funds. He took my child's email and ID number and contacted a lady via WeChat. He then sent my child an account login and password along with the platform URL and instructed her how to make deposits. He registered her on the Forex Club platform (claiming that this person was an employee of this trading company and was Russian) to reassure my child. On October 1st, he continued to guide my child to take more loans for further deposits and purchases. The losses continued until May 2023 when Zhang deleted my child’s contact information and disappeared. Initially transferring over 1500 yuan in principal led my child deeper into debt—from hundreds initially to thousands and tens of thousands later—just trying to recover the original amount (the account never returned a profit). As a parent finding out about this situation is devastating. We are a single-parent family; I am currently incapacitated waiting for government pension funds and unable to work. With the loan repayment date approaching and my child’s tuition fees for 2025 due soon, our family is unable to repay these debts and doesn’t know what to do next. We have sought police assistance who advised us to provide documentation and initially communicate with your platform among other steps. However, we still prioritize communication based on our trust in your official response hoping Forex Club can consider that my child was misled into this situation and grant a request for the refund of the principal amount. Thank you.
Exposure
Exposure

Hong Kong

FX9361527012
FX9361527012
Within 1 year
Exposure
Induced a child to open an account and deposit money, resulting in losses.
In September 2022, my child met a person named Zhang Qingkui online. Zhang introduced many of his successful investment cases to my child, claiming to be a professional investor. He persuaded my child to take a loan of 1600 yuan from the "Mashang Consumer" platform on September 19, 2022, and transfer it to him (screenshot evidence attached). Zhang used this money to recharge on your platform, Forex Club, telling my child that it was a legitimate stock company in China. My child saw that the account name was indeed her own (official records can verify this person's trading activities). By the end of September, Zhang informed us that he had lost all the invested money due to dissatisfaction with his earnings, leading to investment failure. My child desperately asked him to return the principal without success. Later, Zhang told my child that this amount of money was insignificant as he had previously lost over $70,000. To retrieve the loaned principal, he only needed to help my child register an account which he would use to recover the funds. He took my child's email and ID number and contacted a lady via WeChat. He then sent my child an account login and password along with the platform URL and instructed her how to make deposits. He registered her on the Forex Club platform (claiming that this person was an employee of this trading company and was Russian) to reassure my child. On October 1st, he continued to guide my child to take loans for more deposits and purchases. He also guided her to log into his own regulatory account which could only be viewed but not operated, teaching her how to buy stocks. The losses continued, and in May 2023, Zhang deleted my child’s contact information and disappeared. Initially transferring over 1500 yuan in principal led my child deeper into debt—from hundreds initially to thousands and tens of thousands later—just trying to recover the original amount (the account never returned a profit, and Zhang Qingkui has not returned the principal), resulting in our current situation. As a parent finding out about this situation is devastating. We are a single-parent family; I am currently incapacitated waiting for government pension funds and unable to work. With the loan repayment date approaching and my child’s tuition fees for 2025 due soon, our family is unable to repay these debts and doesn’t know what to do next. We hope Forex Club can consider that my child was misled and defrauded, return our losses so we can repay the loans, and allow my child to successfully complete her studies!
Exposure
Exposure
Exposure
Exposure

Hong Kong

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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
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