According to the Economic Report's Greg Gumbel, Forex Club has "redefined trading for the individual trader with features like zero spread trading, automatic commission refunds on non-profitable trades, and tutorials on how to make trades, limit losses and take profits."
In 2009, Forex Club got rid of spread sheet costs for its ExpressFX platform and instead adapted a commission based compensation. With Forex Club's "Spread is Dead" promotion, a trader would pay a set commission for any currency on profitable trades only. This promotion was created to provide a user friendly method of compensation for first time traders who may be uncertain of what spread costs are.
Forex Club Financial Company, Inc.
Forex Club Financial Company, Inc. is an online retail forex broker that provides online foreign exchange trading, news about currencies and foreign exchange learning materials. Forex Club is a leading broker in Russia and China, and is amongst top brokers in the United States. Forex Club Financial Company, Inc. is a registered FCM with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
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