Home | Back to Main Broker Reviews Page |

Bookmark and Share

Compare Forex Brokers FX Club US And Trading Point Forex


 Compare more forex brokers

Visit FX Club US Visit Trading Point Forex


Subjective Ratings

Compare Category

FX Club US

Trading Point Forex

Charting: Five star Charting Rating Four and Half star Charting Rating
Execution: Four star Execution Rating Four star Execution Rating
Transaction costs (spreads): Five star Transaction Costs (spreads) Rating Four star Transaction Costs (spreads) Rating
User-friendliness: Five star User-friendliness Rating Four and Half star User-friendliness Rating
Platform Functionality: Four and Half star Platform Functionality Rating Four star Platform Functionality Rating
Platform Reliability: Five star Platform Reliability Rating Four star Platform Reliability Rating
Customer support: Five star Customer Support Rating Four star Customer Support Rating
Rollover interest rates: Four star Rollover interest rates Rating Five star Rollover interest rates Rating
Withdrawal processing: Four and Half star Withdrawal processing Rating Five star Withdrawal processing Rating
Average rating: Four and Half star Average Rating Four and Half star Average Rating

Visit FX Club US Visit Trading Point Forex

Business Details

Compare Category

FX Club US

Trading Point Forex

 
Registered Business Name: Forex Club LLC Trading Point of Financial Instruments
Broker Headquarters: New York, NY, USA Limassol, Cyprus
Also has offices in: none None
Regulated By: NFA (0358265), registered with CFTC FSA (UK), Bafin (Germany), FI (Finland), CySEC (Cyprus)
In business since year: 2006 2009
Broker Capital as of 05-2011 $20,847,578 Unknown
Client Account Segregation: No Yes, client funds are segregated from company operating capital.
Collect Taxes on Earnings: 1099 form provided No
Prohibit clients from: Yes No
Deposit/Withdrawal methods:
MethodDeposit FeeWithdrawal Fee
Not loaded
MethodDeposit FeeWithdrawal Fee
Credit Card $0 $0
Liberty Reserve $0 $0
Moneybookers $0 $0
NETeller $0 $0
Wire Transfer $0 $0
Main liquidity providers: Unknown Unknown

Visit FX Club US Visit Trading Point Forex

Trading Details

Compare Category

FX Club US

Trading Point Forex

 
Browser platform: ActTrader Web,Rumus Web,Tradency None
Downloadable platform: ActTrader,ExpressFX,Rumus Trading Point Metatrader 4 (MT4)
Mobile platform: ActTrader iPhone/iPad,ActTrader Mobile,Forex Club Droid,Rumus Mobile No
Phone dealing: No Yes
Order processing: All orders routed through dealing desk. All orders routed through dealing desk.
Account Types
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Not loaded
Account Maximum leverage Minimum/Maximum deposit: Minimum/Maximum trade size:
Micro 500:1* $1/$3,000 1,000/100,000 units Swap-free (Islamic) optional
Executive 100:1* $100,000/unlimited 100,000/5,000,000 units Swap-free (Islamic) optional
Standard 200:1* $3,000/$100,000 100,000/5,000,000 units Swap-free (Islamic) optional
Swap-free accounts   No swap-free accounts available   Yes - no extra charges and available to everyone, not just Islamic traders
Tradeable Instruments: 22    58   
No Dealing Desk Execution: No, all order are routed through FX Club's dealing desk. All orders are automatically routed straight through. Dealing desk exists only to deal over the phone.
Typical spread on EUR/USD: 0.8 pips (0.00008) 1.9 pips (0.00019)
Fixed spreads: No Optional (variable by default, but client can request fixed)
Guaranteed stop losses? No No, all orders are executed at best available price.
Trailing Stops: Server-side Client-side
OCO orders available: Yes, No
If/then orders available: Yes, No
Hedging capability: No hedging due to NFA regulation. Yes, traders can hold both long and short positions in the same currency pair at the same time.
Automated Trading: ActTrader & Tradency Yes
Trading Hours: 21.00 GMT Sunday - 21.00 GMT Friday 00:00 GMT Sunday - 00:00 GMT Friday
Timezone User-defined (on ActTrader) GMT
Scalping allowed: Yes, all trading methods are accepted. Yes, all trading methods are accepted.
Account currencies available: USD AUD, CHF, EUR, GBP, JPY, USD
Platform languages: English Arabic, Bulgarian, Chinese, Dutch, English, Estonian, Farsi, French, German, Greek, Hebrew, Hungarian, Italian, Japanese, Korean, Lithuanian, Polish, Portuguese, Russian, Serbian, Simplified Chinese, Slovak, Spanish, Traditional Chinese, Turkish
Support languages: Chinese, English, Portuguese, Russian English, French, Greek, Japanese, Malay, Polish, Russian, Spanish
Demo account: 30 days 30 days
Live chat support: Yes Yes
Interest on Margin: No Yes on unused margin
Promotions & tournaments: None at this time 20% bonus on initial deposit, 10% on all subsequent deposits.

Visit FX Club US Visit Trading Point Forex


Bookmark and Share