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4XP Forex broker
Trading websites come in all manner of configurations. The best ones have a clear and easy layout to follow, offer a popular and complete trading platform and have plenty of tools and resources for traders to either brush up on their trading knowledge or to craft sound trading strategies. In that respect, www.4xp.com ticks all the boxes.
4xp.com has what all Forex traders need – the room to grow. Whether you are a beginner or an advanced trader, everyone needs room to expand into the next best version of themselves – this website allow for that growth by offering two very intelligent account options. The beginner can register for a demo account that gives them $50,000 “play money” with which to learn the trading ropes. The classic account requires a $1,000 minimum deposit, but offers traders excellent, guaranteed spreads along with guaranteed stop losses and take profits. The classic account also provides access to advanced charting and technical analysis options. It is ideal for traders with a bit more experience who are comfortable in a live trading forum. For veteran traders who want to cut out the deal makers and go straight to the live Forex trading floor – 4xp.com even offers that option. The ECN is for more serious traders. The electronic communication network lets traders deal directly on the Forex market for a small commission ($3.50) – however, the spreads can be as low as 0.3 pip. The ECN account also offers micro lots and trading with expert advisors. An ECN account allows traders to save nearly 50% off each trade because of the low spreads. The account additionally offers even scalping and hedging trading techniques.
One of the attractive aspects of the 4xp.com website are all of the bells and whistles that it offers. It not only has daily market updates, it offers video streams of market news. Those who wish to hone their Forex trading skills can easily do so through the use of their extensive learning centre. Their learning tools have actually been tailored for their website by an educational institution with which they have partnered up. There are numerous links explaining everything a trader could possibly want to know about the Forex world including an introduction to the markets, the advantages of Forex trading as well as technical and fundamental analysis. Along with the numerous learning opportunities presented on the website, are a number of tools that will help traders plan profitably trading strategies.
Registration with 4xp.com is simply and to-the-point. If you are ready and know that you will be signing up for a particular account, you can do so straight from the home page. However, if you need additional information before making your decision, then you can always follow the links for registering for the kind of account that suits you best. 4xp.com provides 24/6 customer support through live chat, email or telephone. The one thing that seems to be missing from their customer support page is a FAQs section where basic questions can get answered quickly.
Overall the 4xp.com website is a very good website for those who are either interested in learning more about the Forex market or who are looking to cut out the middle man and open an ECN account. It has a user-friendly interface, offers the MT4 trading platform as well as an MT5 demo and even gives you the option of becoming a partner as an affiliate, a money manager, an offline broker or as a professional business partner (white label).
Rating: Superior