Which broker to choose: “Forex Club” or “Alpari”?
To date, the issue of choosing a Forex broker is quite complex, as their number is considerable and all companies have their advantages, favorable terms of cooperation. But in order to make the right choice you need to compare brokers and analyze all their indicators. These actions will help you make the right choice in favor of a company that can be trusted with your money.
- A little information about Forex Club
- Comparison of Forex Broker Club with Alpari
- What do the reviews on the Internet say?
- How to become a client of Forex Club?
- Forex Training Academy Club
A little information about Forex Club
Forex Club allows you to make trading activities with the help of classic trading tools, allows you to use the designer of portfolios, and invest money in the accounts of managers.
Comparison of Forex Broker Club with Alpari
| Indicator | Forex Club | Alpari |
|---|---|---|
| Trading platform | MetaTrader 4, Rumus 2, StartFX | MetaTrader 4 |
| Trading tools | 54 currency pairs, stocks, spot metals, CFDs per stocks, indices, oil | 69 currency pairs; CFD on futures, spot metals, stocks, commodities, indices, ETFs |
| Minimum trading leverage | 1:1 | 1:25 |
| Maximum trading leverage | 1:200 | 1:1000 |
| Execution | Instant execution, Market execution | Instant execution, Market execution |
| Swap-free accounts | Have | Have |
| Minimum deposit | StartFX, MetaFX, ExpertFX, FX | nano.mt4, standard.mt4, ecn.mt4, pro.mt4 |
| EUR/USD spread | From 0 | 0.1 |
| Availability of ECN accounts | No | Have |
| Micro/mini accounts | No | Have |
| Bonuses | Have | Have |
| Contests | Have | Have |
| Partner program | Have | Have |
| Regulatory organization | CROWFR, CRFFIN | CROWFR, FCA, CySec, CFTC |
These tables show that Forex Club and Alpari occupy the first place among the proposed brokers. The fact is that these companies are both strong and have been in the market for a long period of time. Forex Club has its own trading platforms. Instaforex offers only one MT4 platform, but wins in a number of trading instruments- 107 options. All brokers except Instaforex do not have a mandatory minimum deposit. RoboForex, which also has an ECN account, as well as Alpari, wins by account types. In the presence of micro/mini accounts, Forex Club gives up positions because it does not provide this type of accounts. As for the various bonuses, promotions, and partner programs, all companies are the same in this.
What do the reviews on the Internet say?
There are quite a few negative reviews on the Internet that concern Alpari. But there are also positive comments that demonstrate the profitability of cooperation with this broker.
Many customers complain that Alpari is quite vulnerable to various changes in the market. There are complaints about technical support. There are difficulties with withdrawal of money.
As for the positive feedback about Alpari, people write that they are satisfied with the work of this broker. Praise the level of technical support and the instant execution of orders. The question is whether to believe these comments or not. Because the Internet is quite common is “paid positive PR.”
Reviews of Forex Club:
Forex Club customers are satisfied with technical support, training system and speed of operation. The reviews are pretty neutral and not aggressive.
How to become a client of Forex Club?
In order to start collaborating with Forex Club you need to do the following:
- Visit the Forex Club website;
- Click on the Open Account tab;
- then you open a registration form. You need to make your own real data;
- you’ll then have an extended look in front of you. Here you already need to make your own login and password;
- You’ll see a “create an account” button, click on it.
Once the registration process is complete, you can safely top up your trading account.
Forex Training Academy Club
Forex Club provides clients with the opportunity to gain new knowledge in the field of online trading or to improve existing ones. The Forex Club Academy has international status. Listeners can gain knowledge, both remotely and in the company’s offices. Online seminars, access to educational materials, videos, tutorials are also available. Teachers of the Academy are professionals who have been working in the Forex market for more than 10 years.
It’s time to draw conclusions. Each company has its pros and cons, weaknesses and strengths, but the choice of the broker is left to each trader individually.
Forex Club or Alpari, comparison brokers, 1