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Overview

Forex EuroClub was established in 1999. It is an integral part of the Russian corporation "Soft". The management of the corporation decided exactly after the default to create a currency dealing unit. Forex EuroClub became the first Russian Forex broker that offered not numerous at that time traders to trade legally on the Forex market. The broker developed a trading terminal. It is regularly updated and improved.

Currently Forex EuroClub closely cooperates with the international financial group "Laiki Banking Group", which gives it the direct access to the global financial markets. Company High Street Networking is a long-standing partner and a counterparty of the broker. It has been operating on the Forex market since 1998 and has deserved a reputation in the field of finance.

Forex EuroClub enables users to pass free training on the basis of numerous learning materials about the international foreign exchange market, as well as it allows its customers to participate in a variety of promotions, which are regularly updated.

During the period of its operations, Forex EuroClub has been recognized as the best Russian mini Forex broker, as it provides beneficial trading condition on the foreign exchange market.

Bonuses

Forex EuroClub holds regularly for their customers various promotions, updating them periodically. At the moment the broker offers its customers a 30% Forex bonus for the replenishment of the account and holds a contest on demo accounts with a prize pool of 6,000 rubles.

The 30% Forex bonus is available for all new customers of the broker, who open a trading account and credit it with the amount of 5000 rubles and more. Forex EuroClub accrues Forex bonus in the amount of 30% of the credited sum after a one-time replenishment of the deposit by the trader. The bonus amount can not be withdrawn from the trading account and it is only intended for trading on the currency market. The entire obtained profit becomes the property of the traders while using bonus money and they can dispose of it at their own discretion, i.e. keep for trading or withdraw from the account.

The contest on demo accounts is held by the broker every week. A prize pool of 6,000 rubles is raffled in it. It is possible to sign up for participation in the contest on the site of the Forex EuroClub or through the trading terminal TradingDesk Pro 5. The startup capital that comprises 10,000 rubles is accrued to accounts of all participants after the registration. The contest starts on Monday and finishes on Friday, and all open positions will be automatically closed. Winners are traders, who are able to show the greatest profit for a week and it should be more than 50% of the initial capital. If there are no traders with the profit of more than 50% of the startup capital in the contest, the sum of the prize pool is added to the sum of the next prize pool.

Distribution of the contest prize pool:

- the 1st place - Forex bonus - 3,000 rubles

- the 2nd place - Forex bonus - 2,000 rubles

- the 3rd place - Forex bonus - 1,000 rubles.

The winner of the contest, who takes the first place, receives a Forex bonus on his trading account, and he can use it both for trading on the foreign exchange market and for withdrawal from the system. Prize-winners, who take the second and third places, also receive Forex bonuses on trading accounts, but can only use them for trading currency pairs, as these funds can not be withdrawn.

Training

Forex EuroClub enables all users to pass training of trading on the foreign exchange market using print materials and video tutorials.

Learning materials.

Forex market guide

1. Common information about the currency market:

- what is the Forex market

- history of the currency market

- market participants

- advantages of the Forex market

- order types

- margin trading

- swaps

- formation of currency quotes.

2. Basics of technical analysis

- axioms and postulates of the Forex market

- types of trading charts (bars, ticks, candlesticks)

- Renko charts

- Tic-Tac-Toe charts

- line break charts

- Kagi charts

- Forex indicator MACD

- Bollinger bands

- simple moving average

- exponential moving average

- weighted moving average

- Forex technical indicator Alligator

- Stochastic

- DeMarker Forex indicator

- fractals

- Wolfe Waves

- parabolic

- price-volume trend

- pivot point strategy

- time-series forecast

- support and resistance lines

- trendlines

- trading range and channel

- correction and rollback

- linear regression trendline

- linear regression channel.

3. Basics of fundamental analysis:

- fundamental analysis indicators

- factors that influence the volatility of currency exchange rates.

4. Correct money management on the foreign exchange market:

- optimal share

- fixed capital share

- safe share

- Martingale

- anti-Martingale

- lost series

- won series

- increase in case of drawdown

- parabolic stop.

5. Psychology of the Internet-trading:

6. Forex market analysis.

7. Recommendations from professionals.

8. Glossary of Forex terms.

Video tutorials.

1. what is the foreign exchange market and what is the margin trading?

2. How to create trading charts on the Forex market?

3. Basics of technical analysis.

4. How to create trendlines?

5. How to use the trading platform Forex Trading Desk?

Terms of trading

Forex EuroClub offers the following trading conditions for traders:

- the foreign currency account (the base currency)

- no minimum deposit

- the leverage is from 1:1 to 1:200

- nine currency pairs

- spread is fixed from 3 to 5 points

Forex TradingDesk Pro 5

- multi-language support

- currency quotes 24 hours a day

- various types of trading orders

- a large number of Forex indicators

- graphical market analysis

- technical market analysis

- creation of new technical indicators

- market overview

- information archiving.

Web Forex Trader

- multi-language support

- operations directly through the browser without downloading a client program

- various types of trading orders

- graphical market analysis

- technical market analysis

- open and closed position statistics

- trading signals on important events

- market overview.

Forex EuroClub offers its customers two types of trading accounts:

- Mini

- Ruble.

Trading account Mini:

- the minimum deposit is $100

- nine currency pairs

- the minimum lot size is 10,000 units

- the leverage is from 1:1 to 1:200

- spread is fixed from 3 to 5 points

- no commission

- swaps are available.

Trading account Ruble:

- the minimum deposit is 1000 rubles

- nine currency pairs

- the minimum lot size is 100,000 units

- the leverage is from 1:1 to 1:200

- spread is fixed from 3 to 5 points

- no commission

- contract interest is 15 rubles.

Forex indicators (recommended)

- Trend Magic

- Bears Power

- Awesome Oscillator

- DailyPivot Ind2

- PivotWeekly.

Forex expert advisors (recommended)

- Profit FIXATOR (an automated Forex expert advisor that has a large number of settings, which makes it versatile, as it allows customers to trade on the Forex market with any currency pairs at short-term and long-term distances, as well as it can be switched, if desired, to manual mode)

- Ichimoku Chinkou Cross (an automated Forex advisor, based on a technical indicator Ichimoku,that use several parameters to analyze the foreign exchange market, giving it an opportunity to make a profit by determining the optimal market entry and exit points)

- Adjustable MA 3G (an automated Forex expert advisor that which is based on the classic strategy of double moving average, allowing it to make a profit on many currency pairs on the market).

Investments

Forex EuroClub does not provide clients the opportunity to invest funds in successful professional managers, so there are no PAMM-accounts on its site, which are designed especially for the trust management. Clients can make an agreement with traders independently about investment conditions, but in this case the broker does not bear any responsibility.

Unique features

Forex EuroClub offers traders the opportunity to receive money in trust with the help of the program "50*50". This program is designed for traders who have the strength to take in trust funds of other people for receiving greater profit while trading on the foreign exchange market. To participate in the program "50*50", it is necessary to send an application form to employees of the broker by e-mail, then the sum that is equal to the trader's deposit will be credited to his trading account, i.e. Forex EuroClub invests funds in its traders. Then participants of the program can trade on the foreign exchange market, but they should give to the Forex broker 25% of the profit, made as a result of investors' money trading. Funds are available for trust management until the trader will decide to abandon them or he will not have his own funds on the account, but only funds of Forex EuroClub, which will immediately be withdrawn.

Add/withdraw funds

Forex EuroClub offers the following methods of depositing and withdrawal of funds: VISA, MasterCard, QIWI, WebMoney and bank transfers.

Contacts

Forex EuroClub provides the comprehensive support to its customers via online chat, e-mail: [email protected] (technical support), [email protected] (Dealer Services), [email protected] (analytical support). Traders can also make a call directly from the site of the broker or use free phone number 8 800 500 79-52.

Cons and pros

+ the famous Russian Forex broker

+ the minimum deposit is 1000 rubles

+ small spread

+ good leverage

+ regular promotions and contests

+ Forex bonuses

+ a lot of learning materials.

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