4XP Review | A Review for Forex Place
Reviewer: Matthew Johnson
Rating:
Website Reviewed: 4XP | Forex Place
Forex Place (also known as 4XP) is one of the few credible online forex brokers that allow Meta Trader (MT4); in fact, their default trading platform is MT4, which you can access for free as their client. This feature has made 4XP the best choice for any forex robot user.
4Xp Review: Features Summary
1. Forex Robot; as stated above, 4XP has MT4 as their default trading platform for free and allows forex robot/expert advisor. This is what every trader who is into automated trading are looking for.
Click Here to Visit 4XP – Forex Place
2. Clients Citizenship; 4XP accept clients from various countries, including US citizens who have dual citizenship.
3. Leverage; 4XP offer 1:300 leverage which is quite high already. Under special request, they also approve 1:500 leverage. If you are confident with your trading system, use this to your advantage.
4. Commissions; 4XP doesn’t charges commissions/fees for each trade; the company is compensated through the difference between buy and sell price (spread).
5. Support; their dealing room is open 24 hours, closes only on Fridays at 10 pm GMT and reopens on Sundays at 7 am GMT. You can communicate with them in various languages for support and technical assistance; their website is also designed so it can be viewed in 12 different languages.
6. Deposit and Withdrawal; easy deposit via credit cards, bank wire, MoneyBookers, Netller, Liberty Reserve, etc. For withdrawal, you simply fill the withdrawal request form, then fax or email it to 4XP.
7. Spread; apply low fixed spread with the spread for EUR/USD, USD/JPY, and EUR/GBP are 3 pips.
8. Trading Platform; using the world leading trading platform: MT4. MT4 is an easy to use trading platform with multiple features such as charting and technical indicators to support both novices and professional traders.
Don’t have time to sit in front of your computer? No problem, they also provide mobile trading via MT4 for pocket PC and MT4 for Smart Phone.
9. Practice/Demo Account; USD 50,000 demo account available.
10. Security; client’s funds will be deposited at Commerzbank in Frankfurt. The website is protected by Comodo, a trusted name in antivirus, firewall, and security for business.
11. Currency pairs; over 50 tradable currency pairs. Usually, most traders focused on major currency pair such as EUR/USD or GBP/USD which has low spread, but there are always profits opportunities in other currency pairs as well.
Conclusion
4XP offers a convenient trading environment both for a manual trader or anyone who utilizes automated trading system such as forex signals or forex robot. With a good trading system, you can also have great advantages from their high leverage.
For further information from the one in this 4XP Review, click the link below: