button below (only visible when logged in).Forex Place (4XP)
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4.3 (3) |
Forex Broker
| Advisories |
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| Broker | Forex Place (4XP) |
| Website Link |
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| Forex Broker Forum | Official Forum Thread - Forex Place (4XP) |
Forex Broker Information
| Year Established | 2007 |
| Country | British Virgin Islands |
| Live Chat | Yes |
Account Administration
| Free Demo Accounts | Yes |
| Minimum Initial Deposit - Mini | US $100 |
| Minimum Initial Deposit - Standard | US $100 |
| Swap Free Accounts | Yes (Islamic Only) |
| Account Funding Methods | Wire • Credit Card • Moneybookers • Liberty Reserve • Neteller • EcoCard • JCB |
Forex Trading Terms
| Trading Platform(s) | MetaTrader 4 (MT4) |
| Dealing Desk | Market Maker (MM) |
| Pairs Offered | 50+ |
| Type of Spread | Fixed |
| Commission / Fee | No |
| Maximum Leverage | 300:1 (0.33%) |
| Smallest Lot Size | 1,000 |
| Scalping | Yes |
| Hedging | Yes |
| Trailing Stops | Yes |
| Mobile Trading | Yes |
Forex Spreads
| Lowest Spread EUR/USD | 3 pip(s) |
User reviews
Average user rating from: 3 user(s)
marketmakers and a bit new
| Rating: | 3.0 |
Reviewed by finetraderApril 09, 2010
Top 10 Reviewer
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They appear to be marketmakers and not stp broker. Very new company and I think I will wait till they are more popular to try them.
Novice
| Rating: | 5.0 |
Reviewed by harryulnarsOctober 15, 2009
Top 50 Reviewer
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I’m a beginner in forex trading, and was nervous at first. Forex Place really helped me learn how to trade in a profitable way. Their learning center online was very useful, as well as their daily analyst report. Sales staff was very helpful in assisting and offering bonuses. I recommend them to anyone who is interested in breaking into forex trading.
Recommendation
| Rating: | 5.0 |
Reviewed by glipskenOctober 13, 2009
Top 100 Reviewer
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I have been trading with Forex Place for the past couple of months & I am happy with the service I have received. They have a great team of people and really work hard for their clients. Their trading platform, the MetaTrader4, is advanced yet is easy to use and helps you come up with your own trading strategies. You can even use expert advisors. They don’t charge commission, have good spreads & are always available when I need them. If you're looking for a honest broker you should give them a try.
