Online seminars

Reversal of positions

Forex Club allows its customers to change the side of a position (long/short) without having to close it and fixing current P/L. For example, a day trader with an aggressive trading strategy and a deposit of $5,000 opens the following position: Buy 500,000 GBP/USD (LONG). A few moments later he decides to reverse his position (to go SHORT) in the same currency pair and for the same amount. Forex Club will allow him to sell double the amount of a current position (1,000,000 GBP/USD) to change the position to Sell 500,000 GBP/USD (SHORT). The opening rate of this altered position will be calculated in accordance to spread charges and any P/L the original position made

Maximum leverage

Maximum leverage

• 100:1 for accounts from $10 to $100,000
• 50:1 for accounts from $100,000 to 200,000
• 20:1 for accounts over $200,000
• Minimum trade size is 1,000 which is equivalent to $10 traded with the maximum leverage ($10x100=1,000).

Margin Policy

A margin call occurs when your account falls below the minimum requirements for trading. At Forex Club, our margin requirement is 1% of USD value of each positions. The monitoring of margin requirement is conducted after SWAP operation. If there is a margin call for your account, you will be contacted by us and we will help you take action to satisfy your margin.

Trading hours

The Forex market opens at 21:00 GMT on Sunday and closes at 21:00 GMT on Friday. Forex Club's trading platform is open throughout the whole global session. Forex Club also provides an over-the-phone trading service from 8 am to 5 pm EST Mon-Fri ( 8am-4pm Winter Time)

SmartPhone Platform

SmartPhone Platform
If you would like to access your trading account from a Windows-based SmartPhone, we have developed a stand-alone application that is faster than the Web Platform.

Web Platform

You can access the trading platform from any device that has an internet connection. Please note, web platforms are usually slower than desktop applications and have a somewhat limited functionality. With the Web Platform, you'll be able to view charts, place market orders and manage your positions

ClassicFX demo

A powerful trading platform for serious traders.

ClassicFX was designed for the experienced trader. It offers the best technical and analytical tools at hand, including live and historic quotes, advanced charting, market orders, alerts and integrated market news. Learn more

Withdrawal Policy

Withdrawing option	Processing Time	FX Club Processing Fees	Minimum withdrawal size
Bank Wire	2-5 business days	$5	$35
Checks (for US only)	3-5 business days	$5	no limits

In order to withdraw funds, please login to MyFXClub. Choose the "Withdraw Funds" option and specify the amount you would like to withdraw. Please NOTE:

Bank wire withdrawals are subject to an intermediary bank service fees that usually range from $15 to $30 (for exact fees please contact your processsing bank).

Third party withdrawals will not be processed.

In order to withdraw funds non-us customers must submit W8-BEN form. US clients must submit

Steps for registration

	CREDIT CARD
	Simply log in to MY FXCLUB, click "Deposit Funds" and input your card information and your funds will appear in your account in minutes. A processing fee of 2.24% to 2.59% will be charged to your Visa or Master Card, depending on the card. Deposits made with Discover Cards will not be charged a processing fee. If you deposit before the closing of a weekly trading session, the money will reach your account immediately, as long as your transaction clears. The end of the weekly trading session occurs at 21:00GMT on Fridays, except for holidays. LOGIN TO MYFXCLUB
	ONLINE CHECK
	Forex Club's US customers now have the option of depositing funds into their account via Checks. Write your trading account number on each check. Please note that check transactions are deposited to accounts only after they clear our bank. Use our convenient online check option to make a deposit by check: Online Check You can also mail your check to our office address: Forex Club Financial Co, Inc. 1200 South Ave. Suite 203 Staten Island NY 10314 Attn: Financial Dept.
	BANK WIRE
	Funds sent via bank wire will be deposited to your trading account as soon as they reach our bank. Forex Club does not charge any fees, but it is not responsible for any fees charged by processing banks.
	MONEY ORDER
	Money Orders are the one of the safest ways to send your funds through the mail. Money Orders can be sent to Forex Club Financial Company, 1200 South Ave. Suite 203, Staten Island NY 10314.

Opening an Account

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Step 1: Submit Account Application

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Opening an Account To open an account, simply fill out an application. It only takes a few minutes. Most applications are processed on the same business day. At Forex Club, we strictly adhere to the "know your customer" principles, rules and procedures established by the CFTC and National Futures Association, making it mandatory for all clients to submit an application. Who knows, signing up may be the greatest decision of your life. You'll never know unless you sign up, right?

Flag and Channel Chart Pattern

Flag and Channel Chart Patterns: A look at today's EUR/USD
The EUR/USD was sent sharply lower by the equities sell-off and yesterday's subsequent flight to safety into the U.S. Dollar. But as the Dow recovers slightly pre-market this morning and (for now) the U.S.

Risk Appetite Disappears as USD/JPY Follows Channel Lower
The USD/JPY has formed a Continuation Channel Down chart pattern in the 60 minute time frame as the Yen is gaining on the US Dollar. This is quite a feat as the US Dollar is strengthening with the pre-market Dow Jones being down over 180 points

Maps

Senior foreign exchange correspondent Nicholas Hastings reports our Dow Jones news with an insight found nowhere else in the industry. Read his daily articles for ideas of where currencies will move