There are still a large number of forex brokers that yet use 4 digit quotes forex trading for beginners metatrader 5. These quotes are fairly simple 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 enthralling to know how they stack up against each other forex trading for beginners metatrader 5.
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1. RoboForex
RoboForex is a terribly popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is in addition to registered bearing in mind IFC and UK’s FCA. Being a regulated forex broker, its users can be rest assured of regulatory authorities looking after their genuine interests similar to 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 usual as they come once packed tools and features and are used by millions of traders worldwide.
Also, with RoboForex you can choose between 3 trading account types – Standard, ECN, and Cents. Depending upon the account you choose, the spreads can either be aimless or fixed. The customer support of RoboForex is available 24/7 through stimulate chat, e-mail; request a callback through the website and, the telephone. The website too is nearby for users in 15 every other languages.
2. Admiral
This international forex broker, established in 2001, focuses on discharging online trading facilities for CFD upon equities, currencies, energy, market indices and exaggerated 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 look forward to using different welcome of the art platforms when Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to help traders carry out their activities, the broker has come out with apps for Apple and Android devices.
One of the main features of Admiral has been their analytics. In fact, traders can dig deep into highbrow analysis, fundamental analysis, forex calendar, a unique heat map, and response analysis to get an idea of where the present is heading.
Customer retain through Admiral is comprehensible round-the-clock via web contact form, e-mail, the telephone, and liven up chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides wealth of options. Despite being a small player in the trading market, Forex4you has earned great quantity of determined reviews and recognitions and is among completely few players that offer cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides isolated one trading platform – MetaTrader 4 for its users like key features included in it bearing in mind Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types easy to complete to for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In adjunct to providing a broad range of trading services, Forex4you provides customer maintain 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 along with use NSFX for trading commodities considering CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three alternative trading accounts – Standard MT4, Professional ECN, and VIP account considering each of them providing right of entry to multipart 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 straightforward in English, German, Turkish, Italian and Arabic, for customer support, traders infatuation to admission 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 press forward across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a remote sponsor of Manchester City Football Club.
FXPrimus users habit to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker also offers a well-behaved mobile trading platform and a console trading platform called MyFX. Some of the best features on offer through this broker swell Chart Recognition Software and Autochartist, both of which offer indicators and identify actions that can urge on you make the most of the trading opportunities.
Three alternative trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer retain for traders is easily reached in English and many further languages. For profound support, traders have the unorthodox between the telephone, e-mail or bring to life chat.