Forex Club (fxclub.com) Forex trading review and spreads
Forex Club is a top ranked brokerage, which has registered itself with numerous multi-professional bodies. The Company offers a trail run to newbie’s through its platform, the ExpressFX platform. This does not need exceptional skills or experience and one can run a demo account with even little knowledge about the forex field. A built-in wizard guides a person through every step in the process. Once dealt with this, the company charges a flat commission rate for each successful trade made.
Amazingly, the company repays the commission fee if the trade is unsuccessful. So no fee when the customer faces a loss. The commission fee is about $0.4 for every $1000 units traded. The next levels of traders are allowed to use the ClassicFX Platform. This platform contains necessary aids to trade powerfully. The spreads stats form zero pips. It also offers negative balance protection for the customers. The only problem with this system is very slow execution of processes.
Apart from this problem, there are various factors to appreciate like guaranteed fixed spreads, no slippage, free news feeds, audible alerts while trading and many more. Only 22 pairs are allowed to trade unlike other companies who offer more than 50 pairs.
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