4XP Review – 4XP Forex broker bonus
Forex place was designed by professionals to provide an online broker service to worldwide traders, which has advantages for all. Providing customer satisfaction has been their prime motive. Some distinguishing features make the site different from other trading brokers.
The website has a simple and efficient design that makes it attractive and comfortable to use. You can easily make navigation in the site. There are still some improvements going on in the design and development of website features but 4XP tries its best to fulfill all modern needs of the traders. The website is designed to provide features for both beginners and expert traders. Furthermore, if you have any doubt or query you can consult the 24 hours available customer help using phone, email or live chats.
You can enhance your profits by using various bonuses and promotional offers on the site.
Forex Place allows you to trade comfortably from Monday 5:00 to Friday 22:00 (UK time). Thus, you have enough duration to trade in whatever time that suits you. It is available in nine different languages, which include English, French, Spanish, Arabic, Japanese, Italian, Turkish, Portuguese, and Russian.
There are four types of accounts available for you to choose from. These include VIP, Classic, Mini, Protected, and Demo. The minimum deposit that you have to do is just 500 USD. The spread is just three pips and leverage ratio is 1:300.
Forex 4XP broker Review video :
You can perform trading in 48 different currency pairs. You can also take use of the bonuses, which are up to 50%. The money transaction methods are very simple. You can deposit using Credit cards, Money Bookers, Neteller, and Wire Transfer. For withdrawal, you can fill a request form and get your money within 4 working days.
Following are some of the highlighting features of the site:
• Traders room where traders can communicate with each other and take advice from experts.
• Various choices of platforms are available for choice
• Comfortable payment methods
• No hidden fees
• Demo accounts
• MetaTrader4 as trading platform
• Competitive leverage
• Market updates on daily and weekly basis
• Simple and understandable website design
Some of the disadvantages seen by critics about 4XP are as follows:
• It is not regulated
• Not much information is available about it.
With so many advantages provided by 4XP for its members, it is an ideal place for traders looking for good brokers.
Forex broker details:
4XP (Forex Place) was established in 2008. Its headquarter is in Tortola, British Virgin Islands. It is a well-known Forex broker, which has features of Forex robots, which is used in its Meta Trader, also known as MT4. There are many other features too which will be discussed briefly in the following lines.
We can freely use the Forex robot platform in MT4 trading offered by the 4XP.
4XP welcomes clients from many countries all over the world. It also accepts US citizens possessing dual citizenship.
4XP offers a leverage ratio of 1:300. They can also approve to give 1:500 leverage ratios on special request. You should use this advantage if you are positive about your trading system.
4XP will not charge any commission from you for each trade you perform. The company gets its commission using the amount gained by sell price and buy price, also known as the spread.
You are allowed to use the successful strategies of trading like hedging, scalping and robots, which can help you, perform better in the Forex market.
The dealing room stays open from Sundays 7am to Fridays 10pm GMT. You can take full use of their technical assistance in your own language. The website supports 12 languages so you can choose according to your comfort.
Deposit and Withdrawal options
You can deposit money in your account using bank wire, credit cards, Money Bookers, Libert Reserve, Nettler , etc. You can fill a request form for withdrawal and mail or fax it to 4XP.
You can use fixed spread for currency pairs USD/JPY, EUR/GBP, and EUR/USD. You can also opt for ECN account, which has lesser variable spread.
The site offers the leading platform MT4 that is a simple trading platform with many attractive features like technical indicators designed for beginner and professionals and charting. They also provide this platform for mobile trading including pocket PC MT4 and Smart Phone MT4. Thus, you do not need to sit in front of a PC to do the trading.
You can practice using the demo account with 50,000 USD added an account.
The money of members is deposited in Frankfurt’s Commerzbank to keep them secure.
The site offers 50 currency pairs, oil, and gold for trading. Most of the traders keep their focus on main currency pairs like GBP/USD and EUR/USD. You can choose other profitable pairs too.
Thus, with so many features 4XP is the best trading environment. It is best for manual traders and for people who want to take use of automated system for trading using the Forex robot.