Any Experience with Forex Club?

Broker Discussion Forex Brokers
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I’ve recently got into forex and began demo trading a bit less than a month ago. Since starting, I’ve been learning as well and looking at other brokers out there. I’ve used Oanda (nice spreads) and used Alpari UK (MT4 is great), but still don’t like spreads (who does? :p).

Anyway, I came across a broker “Forex Club” stating that there were no spreads, only commission of $0.40 per $1000 lot. Sounds good, but what appealed to me was the commission refunds if your trade was not profitable.

2 things:

  1. Is this what is considered an ECN? Or have I mixed up acronyms somwhere?

  2. Anyone with experience using Forex Club for live trading? They don’t have MT4 for charting but using the free demos (like from Alpari) works fine. Are they trustworthy? Reviewpips had good reviews, allbeit from only 3 people.

THANKS!