FX Club

[Drown021]

OK,someone needs to try this, http://www.fxclub.com/incentive/?gad...jdyZz8AyCnlZEe . They say they give you $100 if you open an account to trade with.You cannot withdraw the $100 but you can withdraw any profits. Anyone heard of them before?

[mookie9920]

Open a no-commitment trading account today and we will deposit $100 in it! With trades starting at just $10, this will get you running on Forex.

[wolf825]

never heard of them..but from the NFA info it seems its only been "open" for less than a year... trade with caution...

-w

[techno791]

Staten Island. I had their demo program once. I thought they were russian. It had newsfeeds and stuff I was using, though it wasn't the best feed.
Looks like they changed a lot, and if they give me $100 without needing a deposit, I'll try them out.

The spreads sucked last time I messed with them though. Don't know if they fixed that too.

[mookie9920]

lol what if i loose the 100$? do i owe them?

[T-Raid101]

seems unlikely, dont see how they could bind you to the money there are "gifting" you

[Drown021]

Seems like a good way to get customers.I suppose they are guessing most people who open an account are new to FX and are going to lose the $100 and then put in their own cash or get sick of trading micro lots and add cash also.
They only require $10 to open an account and they say they don't require any margin for leverage.I don't like that about them either and their spreads are not very good either.If I did not have to give them my bank info I would take them up on their offer though.

[Drown021]

here's some reviews for them from fxbastards http://www.forexbastards.com/public/...www.fxclub.com .
My favorite has to be that they are "russian mafiaso".lol

[Drown021]

Originally Posted by techno791

Staten Island. I had their demo program once. I thought they were russian. It had newsfeeds and stuff I was using, though it wasn't the best feed.
Looks like they changed a lot, and if they give me $100 without needing a deposit, I'll try them out.

The spreads sucked last time I messed with them though. Don't know if they fixed that too.

Hey Techno,did they have the Rumus Trading Platform when you used them or the original IDS platform? I signed up for a live account tonight,I just need to DL the paperwork and send it back in. I am having trouble logging in to the demo acct though wich is p!$$ing me off. Anyways,I was wondering what you thought of the trading platform. What I like about my current broker (cms) is that I can have two of the same postions open (long usd/jpy...short usd/jpy) at the same time without closing the other position.I've used that to make money If i'm long and the price is going down,I'll keep my orig long position open and short the pair for a few pips on the way down. I can't do that with FXclub,it will just close my position. I also see there needs to be a 10 pip stop or loss minimum.That is not good for scalping,not that I scalp much.Anyways,I'll let everyone know what I think later on.

[techno791]

I think it was rumus, sounds familiar. I got rid of the program. Never got the demo trades executed, I was just looking for something that gave me a newsfeed.

Is there a lot of paperwork involved, and are they giving you the $100 bucks with no deposits? Might give them a try. Most of everything I do now is overnights. When I find trades that is. So higher spreads usually aren't a major problem as the highest spread pairs seem to be my favorites.

I'll try seeing if I still have the program actually, but couldn't log in last I tried. I've been slacking anyway, need to find something good to post about.