There are yet a large number of forex brokers that still use 4 digit quotes best forex brokers for beginners. These quotes are fairly easy and simple to understand as the last digit indicates the real worth of a pip. With a sizeable number of 4 digit forex brokers yet existing in the market, it is tempting to know how they stack up against each other best forex brokers for beginners.
Online Forex Broker : best forex brokers for beginners
RoboForex is a deeply popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is next registered later IFC and UK’s FCA. Being a regulated forex broker, its users can be flaming assured of regulatory authorities looking after their true interests afterward utmost care.
With RoboForex, you can choose between 4 trading platforms – MetaTrader 5, MetaTrader 4, CTrader, and WedTrader. The former two platforms are considered as the industry normal as they come subsequently packed tools and features and are used by millions of traders worldwide.
Also, with RoboForex you can pick between 3 trading account types – Standard, ECN, and Cents. Depending upon the account you choose, the spreads can either be loose or fixed. The customer withhold of RoboForex is easily reached 24/7 through rouse chat, e-mail; request a callback through the website and, the telephone. The website too is clear for users in 15 every second languages.
2. Admiral
This international forex broker, established in 2001, focuses upon discharging online trading facilities for CFD on equities, currencies, energy, market indices and artificial metals to retails traders anything across the world. All the operations of Admiral Markets are regulated by FCA in the UK and EFSA in Estonia.
Traders can see forward to using different acknowledge of the art platforms next Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to urge on traders carry out their activities, the broker has come out next apps for Apple and Android devices.
One of the main features of Admiral has been their analytics. In fact, traders can dig deep into obscure analysis, fundamental analysis, forex calendar, a unique heat map, and acceptance analysis to gain an idea of where the make known is heading.
Customer support through Admiral is handy round-the-clock via web admission form, e-mail, the telephone, and alive chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides plenty of options. Despite bodily a small player in the trading market, Forex4you has earned plenty of distinct reviews and recognitions and is among definitely few players that present cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides by yourself one trading platform – MetaTrader 4 for its users later key features included in it taking into consideration Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types within reach for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In adjunct to providing a wide range of trading services, Forex4you provides customer sustain 24/5 through the telephone, e-mail or Live Chat.
4. NSFX
This Maltese based forex broker primarily serves the French, English, German, Arabic and Italian markets and is regulated by a number of financial authorities including, MFSA in Malta, BaFin, FSA, MiFID, and others. Besides forex, traders can furthermore use NSFX for trading commodities behind CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three interchange trading accounts – Standard MT4, Professional ECN, and VIP account behind each of them providing entry to merged indices, commodities and currency pairs. Besides the web, traders can in addition to use the trading features via mobile devices.
While the NSFX website is easily reached in English, German, Turkish, Italian and Arabic, for customer support, traders need to read any of the broker’s international locations using Online Chat or E-mail.
5. FXPrimus
FXPrimus is one of those online forex brokers that place a lot of emphasis on performance, security and transparency. Owned by FXPRIMUS.com, this forex broker has its presence momentum across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a superior sponsor of Manchester City Football Club.
FXPrimus users craving to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker furthermore offers a obedient mobile trading platform and a console trading platform called MyFX. Some of the best features on offer through this broker adjoin Chart Recognition Software and Autochartist, both of which provide indicators and identify goings-on that can assist you make the most of the trading opportunities.
Three stand-in trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer hold for traders is straightforward in English and many supplementary languages. For rarefied support, traders have the marginal between the telephone, e-mail or live chat.
