There are yet a large number of forex brokers that nevertheless use 4 digit quotes forex trading 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 still existing in the market, it is interesting to know how they stack up adjoining each other forex trading for beginners.
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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 with registered like IFC and UK’s FCA. Being a regulated forex broker, its users can be land assured of regulatory authorities looking after their true interests later utmost care.
With RoboForex, you can pick between 4 trading platforms – MetaTrader 5, MetaTrader 4, CTrader, and WedTrader. The former two platforms are considered as the industry satisfactory as they come following 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 wandering or fixed. The customer maintain of RoboForex is nearby 24/7 through alive chat, e-mail; request a callback through the website and, the telephone. The website too is nearby for users in 15 substitute languages.
2. Admiral
This international forex broker, established in 2001, focuses on discharging online trading services for CFD on equities, currencies, energy, market indices and precious 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 let pass of the art platforms following 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 later apps for Apple and Android devices.
One of the main features of Admiral has been their analytics. In fact, traders can dig deep into rarefied analysis, fundamental analysis, forex calendar, a unique heat map, and acceptance analysis to get an idea of where the publicize is heading.
Customer hold through Admiral is genial round-the-clock via web read form, e-mail, the telephone, and live 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 great quantity of distinct reviews and recognitions and is among utterly few players that have the funds for cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides without help one trading platform – MetaTrader 4 for its users in imitation of key features included in it once Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types easily reached for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In supplement to providing a wide range of trading services, Forex4you provides customer retain 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 as well as use NSFX for trading commodities later than CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three vary trading accounts – Standard MT4, Professional ECN, and VIP account subsequently each of them providing entrance to fused indices, commodities and currency pairs. Besides the web, traders can with use the trading features via mobile devices.
While the NSFX website is comprehensible 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 money taking place front across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a cold sponsor of Manchester City Football Club.
FXPrimus users need to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker in addition to offers a well-behaved mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker affix Chart Recognition Software and Autochartist, both of which give indicators and identify deeds 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 support for traders is user-friendly in English and many extra languages. For puzzling support, traders have the marginal between the telephone, e-mail or bring to life chat.