Fake ForexClub vs ForexBY
Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.
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An independent AI take on which of these fits you — from the data, not opinions for sale. Launching soon.
Safer pick ForexBY leads on safety — winning 2 of 3
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
85
✓25
Verdict
Severe
Guarded
Regulatedⓘ
No
Yes
Licenses
0
✓1
Tier-1 regulatorsⓘ
0
0
Trustpilot score
—
—
Reviews collected
—
—
Exit riskⓘ lower = safer
—
—
Known clonesⓘ
✓0
1
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
—
$500
Max leverage
—
1:200
Min spread (best acct)
—
from 0
Commission
—
$6
Cost grade
—
—
Account types
0
✓4
Best for
Suits
Belarus-based traders seeking local investment options, Experienced CFD traders comfortable with high leverage (up to 1:100), Traders who prefer MT4/MT5 platforms and need over 80 crypto CFDs
Belarus-based traders seeking a locally regulated broker, Traders with a minimum deposit of $500 or more, Investors interested in Russian stock CFDs
Not for
Traders requiring top-tier regulation (e.g., FCA, CySEC, ASIC), Risk-averse beginners needing strong investor protection and compensation schemes, Russian residents, as the broker does not accept new accounts from Russian Federation
Traders with small trading capital, Residents of countries restricted by the broker, Those seeking high leverage above 1:200
Products & Funding
Instruments
—
Foreign Exchange, Precious Metals, Spot, Stock and Index CFDs + Russian Stock CFDs, Cryptocurrency Futures
Deposit methods
—
Bank, cards
Withdrawal
—
Bank, cards
Execution
Speed
—
—
Slippage
—
—
Swap cost
—
—
Company
Founded
2020-07-23
2020-11-19
Headquarters
Belarus
Belarus
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.