4XP Review | A Review for Forex Place
Forex Place (also known as 4XP) is one of the few online forex brokers that allow Meta Trader (MT4); this is their stated features:
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.
2. Clients Citizenship; 4XP accept clients from various countries, including US citizens who have dual citizenship.
3. Leverage; 4XP offer 1:300 leverage. 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 with various languages for support and technical assistance; their websites also designed so it can be viewed in 12 different languages.
6. Deposit and Withdrawal; deposit via credit cards, bank wire, MoneyBookers, Netller, Liberty Reserve, etc. For withdrawal, 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; USD50,000 demo account available.
10. Security; client’s funds will be deposited at Commerzbank in Frankfurt.
11. Currency pairs; over 50 currency pairs, gold, and oil. 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.
4Xp Review: Conclusion
4XP offer a convenient trading environment both for manual trader or anyone who utilize 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:
Click here to visit 4XP – Forex Place