Forex Club
Forex.com
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Overview
Forex Club was founded in 2008 and is headquartered in Russia, while Forex.com was established in 2001 and is based in United States. Forex Club holds licences including Cyprus Securities and Exchange Commission (CySEC), while Forex.com is regulated by Financial Conduct Authority (FCA) among others. Forex Club serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $100 at Forex Club and Typical at Forex.com.
| Feature | Forex Club | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 2008 | 2001 |
| Country | Russia | United States |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between Forex Club and Forex.com, directly affecting your bottom line as a trader. Forex Club has a lower barrier to entry with a minimum deposit of $100 (vs Typical at Forex.com). Forex.com charges withdrawal fees while Forex Club does not, giving Forex Club an edge for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; Forex Club does not. Forex.com charges deposit fees; Forex Club does not. Overall, Forex Club scores higher on fees in our assessment.
| Feature | Forex Club | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Forex Club offers MT4, MT5, cTrader, while Forex.com 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 | Forex Club | Forex.com |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,WEB,desktop | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Forex Club and Forex.com 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 | Forex Club | Forex.com |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Club accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | Forex Club | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 Forex Club and Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Club supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | Forex Club | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Arabic |