There are still a large number of forex brokers that still use 4 digit quotes forex trading simple explanation. These quotes are fairly simple and easy 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 enthralling to know how they stack up next to each other forex trading simple explanation.
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 afterward registered in the same way as IFC and UK’s FCA. Being a regulated forex broker, its users can be burning assured of regulatory authorities looking after their legitimate interests gone 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 standard as they come taking into consideration 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 directionless or fixed. The customer sustain of RoboForex is easily reached 24/7 through conscious chat, e-mail; request a callback through the website and, the telephone. The website too is simple for users in 15 rotate languages.
2. Admiral
This international forex broker, established in 2001, focuses upon discharging online trading services for CFD on equities, currencies, energy, market indices and pretentious 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 divulge of the art platforms gone 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 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 highbrow analysis, fundamental analysis, forex calendar, a unique heat map, and response analysis to gain an idea of where the publicize is heading.
Customer retain through Admiral is reachable round-the-clock via web right to use form, e-mail, the telephone, and sentient chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides plenty of options. Despite mammal a small player in the trading market, Forex4you has earned loads of clear reviews and recognitions and is among definitely 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 abandoned one trading platform – MetaTrader 4 for its users afterward key features included in it gone Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types nearby for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In addition to providing a broad 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 as well as use NSFX for trading commodities gone CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three swing trading accounts – Standard MT4, Professional ECN, and VIP account subsequent to each of them providing right of entry to multiple indices, commodities and currency pairs. Besides the web, traders can after that use the trading features via mobile devices.
While the NSFX website is affable in English, German, Turkish, Italian and Arabic, for customer support, traders dependence to retrieve 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 upon performance, security and transparency. Owned by FXPRIMUS.com, this forex broker has its presence expand across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a standoffish sponsor of Manchester City Football Club.
FXPrimus users dependence to rely upon MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker after that offers a trustworthy mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker add together Chart Recognition Software and Autochartist, both of which have the funds for indicators and identify events that can urge on you make the most of the trading opportunities.
Three interchange trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer hold for traders is nearby in English and many extra languages. For profound support, traders have the another between the telephone, e-mail or liven up chat.
