Forex Broker – Forex Place

4XP Review

4XP or Forex Place is a very well-known Forex broker. It is clear that 4XP is a believer in bringing quality to their audience. This is quite apparent once you visit their website. 4XP’s website is straightforward, allowing all traders to get started easily. You may access the website in over ten languages, meaning that traders from around the world can take advantage of this unique Forex broker. Forex Place offers basic services and tools that are exclusive, as these are not offered by other brokers. In addition, the special online courses, webinars, 1-1 training, daily market analysis provides beginners with the resources to become professional traders.

Company Information

Name:
4XP (Forex Place Ltd.)
Website:
www.4xp.com
Founded in:
2007
Headquarters:
Tortola, BVI
Regulation:
FMRRC (Financial Market Relations Regulations Center)
Phone:
+44 20 33181555
Email:
info@4xp.com
Minimum Lot Size:
1,000
Maximum Leverage:
1:300
Minimum Deposit:
$100
Minimum Trade Amount:
N/A
Maximum Per Trade:
N/A
Languages Available:
Arabic, English, French, German, Italian, Japanese, Portuguese, Spanish, Russian, Chinese

Trading Platform

4XP prides itself in offering a WebTrader and a downloadable trading platform. Moreover, it offers the MetaTrader 4 and 5. This is the award winning platform which is suitable for all types of traders, no matter what their experience. Overall, both of these trading platforms are user friendly, but some traders prefer the Webtrader due to the ability to trade without downloading software. Simply begin trading by entering your username and password! Now 4XP offers mobile trading, so you can trade on the go with an iPhone, Android, Blackberry and most other web-enabled mobile devices.

Main Features

Take advantage of more than 50 different currency pairs at 4XP. The spread is typically 3 pips on majors, and some promotions enable 1 pip spread on all the majors. Forex trading is easy, as all spreads are fixed. Traders can benefit from a $100,000 practice account, 1:300 leverage (high for the industry), exclusive promotions and low spreads. All these features are designed for traders who want to take their Forex trading experience to the next level.

Customer Support

4XP offers investors 24/6 support through phone, live chat or email. In addition, 4XP is proud to say that its support executives specialize in educating Forex traders with exclusive educational courses, and 1-1 personal trading. You can utilize the daily market analysis, pip calculator, economic calendar and numerous other trading resources and tools at 4XP.

Forex Place provides its clientele with “Honesty, integrity and service par excellence” – take a visit to 4XP today to see what they have to offer.

User Friendly

The deposit process is very easy, as 4XP allows you to deposit funds via various methods that many people have not even heard of before. This includes credit card, wire transfer, e-banking, Money Bookers, Liberty Reserve, Neteller and Payoneer. Taking into that there are many deposit methods at your disposal, 4P seems to be an attractive option.

From the above, we can see the deposit process is quite simple, but now we need to anaylze the reliability of the withdrawal methods. At Forex Place, send an email/fax/mail from and indicate your preferred withdrawal method (it must be the same as the deposit method) and the typical time to receive your funds is 3-4 business days.

Ultimate Overview

Forex Place seems to be one of the better brokers we have looked at lately. Their top quality customer service, multiple platforms, various trading products, educational programs and the absence of trading fees or commissions, makes 4XP an attractive choice for Forex traders. With this in mind, traders may want to take 4XP for a test drive.