EverFX
Forex Club
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
EverFX was founded in 2008 and is headquartered in Cayman Islands, while Forex Club was established in 2008 and is based in Russia. EverFX holds licences including Cayman Islands Monetary Authority (CIMA), while Forex Club is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. EverFX serves 10,000+ clients worldwide; Forex Club has 10,000+. The minimum deposit is $10000 at EverFX and $100 at Forex Club.
| Feature | EverFX | Forex Club |
|---|---|---|
| Min. Deposit | $10000 | $100 |
| Regulation | Cayman Islands Monetary Authority (CIMA) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2008 |
| Country | Cayman Islands | Russia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between EverFX and Forex Club, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs $10000 at EverFX). Neither broker charges withdrawal fees. EverFX charges deposit fees; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.
| Feature | EverFX | Forex Club |
|---|---|---|
| Min. Deposit | $10000 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
EverFX offers MT4, MT5, cTrader, while Forex Club supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | EverFX | Forex Club |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | MT4,WEB,desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how EverFX and Forex Club compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Forex Club scores higher overall in education and research.
| Feature | EverFX | Forex Club |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. EverFX accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex Club supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | EverFX | Forex Club |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both EverFX and Forex Club offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | EverFX | Forex Club |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |