http://www.forex-rateit.com/ 1277-112 http://www.forex-rateit.com/forex-brokers-reviews/4xp.html 4XP, also known as Forex Place, is an emerging forex trading platform. The platform provides traders with over 50 currency pairs to choose from through the Metatrader 4 platform. The typical spread of the major currency pairs offered by 4XP is 3 pips. Some other key features of the online trading platform are: Competitive Trade Facilitators An important aspect in which 4XP stands out from several other online forex platforms is its leverage, which is 300:1. 4XP allows scalping and hedging, enabling traders to optimize their trade and maximize their profitability through a combination of different strategies. Robust Customer Support and Education Center 4XP offers responsive and helpful customer support (24/6) through phone, email and live chat. Additionally, 4XP offers several educational courses, and also provides live training. Daily market analysis and economic calendar, known as Live Dealing Room, are some other resources provided by 4XP. The live room provides a forum-like experience, enabling traders to ask questions, offer solutions and communicate with other traders and Forex experts. Multiple Account Types 4XP offers multiple account types to suit the needs and risk appetites of novice and professional trades: • The Classic account: This offers fixed spreads and gives traders the option to open a mini account for trading smaller lots. The classic account offers a guaranteed stop loss and supports hedging and scalping. • ECN account type: This provides a lot commission of $3.50, floating spreads, an optional mini account and a leverage of 1:150. The ECN account accepts the use of Robotic trading as well as Expert Advisors. • Demo account: Traders hesitant to commit real money on the forex can start with a demo account at 4XP. The platform offers a free $50,000 demo account to traders, enabling them to practice their strategies and gain confidence to trade real time. • Mini account: This is an ideal option for part-time traders and those with limited resources. A 4XP mini account enables to participate in forex real time with a minimum deposit of $500. Additionally, 4XP offers a range of funds that can be traded on low as well as aggressive risk profiles. This includes forex majors, commodities, binary options and gold exchange fund. Speedy Deposits Depositing with 4XP is relatively simple and speedy as the platform accepts all major credit cards, Moneybookers, wire transfers and Neteller. ]]> Sat, 01 Jan 2011 21:27:42 +0000