B

Forex Euroclub

6.3/10
fxcl markets logo

fxcl markets

7.7/10
5/10RegulationWinner6/10
8/10WinnerFees1/10
9/10PlatformsTied9/10
4/10Education & ResearchWinner10/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Forex Euroclub was founded in 2008 and is headquartered in Russia, while fxcl markets was established in 2006 and is based in Cayman Islands. Forex Euroclub holds licences including Unregulated, while fxcl markets is regulated by Financial Services Authority (FSA) number 1637 among others. Forex Euroclub serves 10,000+ clients worldwide; fxcl markets has 10,000+. The minimum deposit is $100 at Forex Euroclub and $250 at fxcl markets.

fxcl markets wins this category
FeatureForex Euroclubfxcl markets
Min. Deposit$100$250
RegulationUnregulatedFinancial Services Authority (FSA) number 1637
Founded20082006
CountryRussiaCayman Islands
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Forex Euroclub and fxcl markets, directly affecting your bottom line as a trader. Forex Euroclub has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fxcl markets). Neither broker charges withdrawal fees. Overall, Forex Euroclub scores higher on fees in our assessment.

Forex Euroclub wins this category
FeatureForex Euroclubfxcl markets
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Forex Euroclub offers MT4, MT5, cTrader, while fxcl markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. fxcl markets supports social and copy trading features, which Forex Euroclub does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureForex Euroclubfxcl markets
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4,WEB,iPhone,MacMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Forex Euroclub and fxcl markets compare. fxcl markets runs regular live webinars; Forex Euroclub does not. Both provide video tutorials. fxcl markets publishes daily market commentary; Forex Euroclub does not. Both integrate third-party research tools. fxcl markets maintains an archive of past webinars for on-demand viewing. fxcl markets scores higher overall in education and research.

fxcl markets wins this category
FeatureForex Euroclubfxcl markets
Forex EducationYesYes
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesYes

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex Euroclub accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while fxcl markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). fxcl markets uniquely supports PayPal and Skrill and Neteller among the two brokers. fxcl markets scores higher on deposit and withdrawal flexibility.

fxcl markets wins this category
FeatureForex Euroclubfxcl markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Forex Euroclub and fxcl markets offer live chat support. Both provide phone support. Email support is available at both brokers. Forex Euroclub supports 2 languages and fxcl markets supports 8, giving fxcl markets broader global reach. Both brokers are comparable on support quality.

Tied
FeatureForex Euroclubfxcl markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic