Forex Broker 4xp - Forex Place

The Forex Broker 4xp – Forex Place - convinces with a clear trading platform that provides all information needed to be a successful forex trader. As a client you can choose between MetaTrader 4 (MT4) platform and their own trading software 4xp professional. There are many learning videos available in order to familiarize new members with the topic of forex trading. 4 xp offers – like many other forex brokers – a free demo account where forex beginners can test their skills until they are ready for trading with real money. Deposit on the demo account is 50.000 virtual dollars. The 4xp target audience is primarily:

Forex and Commodity traders, portfolio manager
Investors
Forex Beginners

Investors

Investors can trade on a special trading platform with integrated Expert Advisor (EA) and a professional Trader for the forex market. As an investor you just have to choose the right forex trader – be it one with a more risky trading strategie or a more careful one. Don’t forget to have a look at their trading performance. Afterwards the chosen trader takes over. You can change your Expert Advisor at any time or add another one. 4xp places 2000 EAs at your disposal.

4xp software

Forex and CFD Trader can choose between the MT4 resp. MT5 trading platform. Thus a quick order execution is guaranteed. There are copious introduction videos and a lot of information on the platform available so that all new traders will be familiarized with this excellent trading software as quick as possible. Once you have learned to handle this software you can easily switch to another online broker (if you like) and take your knowledge with you.

Leverage with 4xp

4xp offers a possible leverage of 1:300 with which one can already move quite a lot of money. The minimum deposit is $100 and with a leverage of 1:300 you can trade not less than $3000. But especially as a beginner you shouldn’t choose leverage too high. Except from the trading spread, 4xp doesn’t take any other fees or commissions. If you go for the demo account you have a virtual deposit of $50.000 available.

Trading with 4xp

Lot size with 4xp is 10.000 units for the most common currency pairs. Have a look at the exact spread under resources -> trading conditions. The spread with 4xp is very competitive compared to other brokers. What we like with 4xp: This broker offers not less than 61 different currency pairs and commodities! Commodities are gold, silver, crude oil, wheat, corn and some special stocks. As a currency or commodity trader you have the agony of choice. Support is via chat, mail or telephone as with most of all the other brokers on the internet. If you haven’t got your laptop available you can even open and close positions via phone. 4xp is a young and dynamical platform that strives for offering new services to their customers and makes forex trading as clear and simple as possible.

Trading with no risk

On the one hand forex trading is highly lucrative - on the other hand forex trading is quite risky and you may make losses as a beginner. This is why 4XP offers a no risk solution for new traders. You can take out an insurance for 30 days. If you lose your deposit within these 30 days of trading your account will be refunded automatically. In order to take advantage of this trading insurance you just have to fill out a form and send it back to 4XP. The maximimum deposit for your insurance account is 25,000 USD. Especially beginners should take advantage of this risk-free security solution: if the market is up you can take the profit - if the market is down 4XP will cover the losses.

4xPhone

If you like mobile trading you will like 4XPhone as well. With this easy to use mobile software that is supported by iPhone 3G and iPod touch you can easily execute trades on the road. You have real time charts available and can check the status of pending orders. Even for this mobile software there is a demo account available at no additional charge. This software can be downloaded in the usual Apple App store.

4xp Video

4 xp at a glance


MT4-Broker
Regulation	-
Min. deposit	100 $
Leverage	1:300
Spread EUR/USD	1 - 3 pips
Commodities	Gold, Silver, Oil and more
Currency Pairs	over 50
Webtrader	Yes
Software	MT4, MT5, 4XP Professional
Demo account	Yes