Why 4xp is the Best Broker

in Foreign-exchange

Investing on foreign exchange market can earn an enormous amount of profits. Traders can earn a monthly cash rebate by trading with many of the well-known brokers. There are many well-known brokers in the market, 4xp is considered as the best forex broker.

4xp is a broker in foreign exchange, and other leveraged monetary instruments. It uses the Metatrader4 on-line trading platforms because of which it's able to offer the forex traders connected  to them, with direct access to trade in the foreign exchange market through out the globe.

This forex broker works six days a week, round the clock and provides client support service in several international languages for the convenience of its customers. 4Xp offers both to their customers – commission-free pip-spreads and real-time market prices online. They also offer a 24-hour trading room where customers exchange strategies and ideas.

4xp uses the Meta Trader4 on-line trading platform to serve its clients. Additionally, the corporate claims to provide mobile trading, secure on-line payment processes, streaming trading rates and over fifty tradable currency pairs. 4XP also provides a free $50,000 US demo account and to open a live account, a minimum deposit of $500 US is needed.

This broker also known as Forex Place and counted among the few on-line forex brokers that permit forex robots in their MT4. 4XP provides both a downloadable option and a web-based platform. In addition, forex place provides a mobile trading platform.

4xp provides 24/6 support through email, live chat or phone, and they proved to be highly patient, helpful and responsive. Contrary to several different brokers, the company doesn't focus solely on obtaining people money, they spend a plenty of resources on educating traders, as well. They provide a complete platform of educational courses, as well as live training. In addition, 4XP provides daily market analysis, an economic calendar, and what they refer to as a Live Dealing Room.

4xp ia a best broker that provides multiple account varieties to suit the requirements and risk appetites of novice and skilled trades:

1. The Classic account: This provides fixed spreads and offers traders the choice to open a mini account for trading smaller lots. The classic account provides a guaranteed stop loss and scalping and supports hedging.

2. ECN account type: This offers a plenty of the commission of $3.50, floating spreads, an optional mini account and a leverage of 1:150. The ECN account accepts the use of Robotic trading, as well as, Expert Advisors.

3. Mini account: This is an ideal option for part-time traders and those with limited resources. A 4xp mini account enables to participate in forex real time with a minimum deposit of $500.

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This article was published on 2012/02/24