Most Popular Features at FXClub
Refunding commissions on non profitable trades. Position reversals.
Trading tools
Their site provides news from Dow Jones, a forex chart, an economic calendar (courtesy of Forex-Factory), a daily Forex Market Update news segment and one daily market signals report (courtesy of Autochartist).
Education At Forex Club
Forex Club’s learning materials have recently won them the “Best Broker for Beginners” award from Forex-Ratings (2009). They offer webinar classes, .pdf lessons and reading materials, six hour long videos, a forum and a user friendly platform that contains a wizard that walks traders through each trade.
FxClub Spreads
Forex Club has two different trading options. There newest is ExpressFX which has no spreads, but instead charges a commission of $0.40 for every 1,000 units of currency traded. This fee is only paid for trades that yield profits. They also offer ClassicFX which has spread but no commission. Their spreads range from 3 pips on EUR/USD to 15 on GBP/CAD.
Regulation
Forex Club is regulated by the CFTC and an NFA member since 2005. They currently have no actions listed against them.
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