There are still a large number of forex brokers that still use 4 digit quotes forex broker for beginners. These quotes are fairly easy and easy to understand as the last digit indicates the genuine worth of a pip. With a sizeable number of 4 digit forex brokers still existing in the market, it is interesting to know how they stack up against each other forex broker for beginners.
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RoboForex is a extremely popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is as a consequence registered later than IFC and UK’s FCA. Being a regulated forex broker, its users can be land assured of regulatory authorities looking after their genuine interests later 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 customary as they come afterward 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 on the account you choose, the spreads can either be lost or fixed. The customer sustain of RoboForex is easy to use 24/7 through alive chat, e-mail; request a callback through the website and, the telephone. The website too is friendly for users in 15 every second languages.
2. Admiral
This international forex broker, established in 2001, focuses upon discharging online trading services for CFD upon equities, currencies, energy, market indices and unnatural metals to retails traders whatever across the world. All the operations of Admiral Markets are regulated by FCA in the UK and EFSA in Estonia.
Traders can look forward to using different disclose of the art platforms bearing in mind Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to back traders carry out their activities, the broker has come out in imitation of 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 confession analysis to get an idea of where the shout out is heading.
Customer preserve through Admiral is nearby round-the-clock via web entrйe form, e-mail, the telephone, and conscious chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides large quantity of options. Despite being a small player in the trading market, Forex4you has earned loads of positive reviews and recognitions and is among totally few players that have enough money cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides only one trading platform – MetaTrader 4 for its users past key features included in it afterward Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types friendly for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In supplement to providing a broad range of trading services, Forex4you provides customer hold 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 then use NSFX for trading commodities similar to CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three every other trading accounts – Standard MT4, Professional ECN, and VIP account when each of them providing right of entry to merged indices, commodities and currency pairs. Besides the web, traders can as a consequence use the trading features via mobile devices.
While the NSFX website is handy in English, German, Turkish, Italian and Arabic, for customer support, traders compulsion to door 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 go ahead across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a unfriendly sponsor of Manchester City Football Club.
FXPrimus users need to rely upon MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker also offers a reliable mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker intensify Chart Recognition Software and Autochartist, both of which have enough money indicators and identify endeavors that can back you make the most of the trading opportunities.
Three rotate trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer support for traders is reachable in English and many other languages. For highbrow support, traders have the choice between the telephone, e-mail or enliven chat.
