Forex Place (4XP)
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5.0 (2) |
Forex Brokers
| Broker | Forex Place (4XP) |
| Website Link |
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| Year Established | 2007 |
| Country | British Virgin Islands |
| Dealing Desk | Market Maker (MM) |
| Trading Platform(s) | MetaTrader 4 (MT4) |
| Mobile Trading | Yes |
| Pairs Offered | 50 |
| Lowest Spread EUR/USD | 3 pip(s) |
| Type of Spread | Fixed |
| Commission / Fee | No |
| Maximum Leverage | 300:1 (0.33%) |
| Free Demo Accounts | Yes |
| Minimum Initial Deposit - Mini | US $100 |
| Minimum Initial Deposit - Standard | US $100 |
| Smallest Lot Size | 1,000 |
| Swap Free Accounts | Yes (Islamic Only) |
| Account Funding Methods | Wire • Credit Card • Moneybookers • Liberty Reserve • Neteller • EcoCard • JCB |
| Scalping | Yes |
| Hedging | Yes |
| Trailing Stops | Yes |
| Live Chat | Yes |
User reviews
Average user rating from: 2 user(s)
Novice
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
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.



