good brokers for forex – Pros & Cons – forex broker maximum lot size

There are yet a large number of forex brokers that still use 4 digit quotes good brokers for forex. 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 yet existing in the market, it is appealing to know how they stack up next to each other good brokers for forex.

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Pros & Cons

1. RoboForex

RoboForex is a highly popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is afterward registered gone IFC and UK’s FCA. Being a regulated forex broker, its users can be in flames assured of regulatory authorities looking after their legitimate interests later than 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 suitable as they come later than 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 on the account you choose, the spreads can either be floating or fixed. The customer Keep of RoboForex is manageable 24/7 through live chat, e-mail; request a callback through the website and, the telephone. The website too is simple for users in 15 alternative languages.

2. Admiral

This international forex broker, established in 2001, focuses upon 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 permit of the art platforms in the atmosphere of Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to put going on to traders carry out their activities, the broker has come out similar to apps for Apple and Android devices.

One of the main features of Admiral has been their analytics. In fact, traders can dig deep into mysterious analysis, fundamental analysis, forex calendar, a unique heat map, and reaction analysis to get an idea of where the puff is heading.

Customer retain through Admiral is simple round-the-clock via web right of entry form, e-mail, the telephone, and sentient chat.

3. Forex4you

For those looking for online forex trading services, Forex4you provides wealth of options. Despite beast a little player in the trading market, Forex4you has earned plenty of distinct reviews and recognitions and is among no question 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 deserted one trading platform – MetaTrader 4 for its users subsequent to key features included in it following Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types handy for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.

In supplement 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 plus use NSFX for trading commodities in the same way as CFDs, Indices, Crude Oil, Gold, and Silver.

NSFX offers three substitute trading accounts – Standard MT4, Professional ECN, and VIP account when each of them providing permission 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 within reach in English, German, Turkish, Italian and Arabic, for customer support, traders dependence to edit 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 improvement across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a snobbish sponsor of Manchester City Football Club.

FXPrimus users habit to rely upon MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker then offers a trustworthy mobile trading platform and a console trading platform called MyFX. Some of the best features on offer through this broker tote up Chart Recognition Software and Autochartist, both of which pay for indicators and identify actions that can back up you make the most of the trading opportunities.

Three substitute trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer withhold for traders is user-friendly in English and many other languages. For mysterious support, traders have the unconventional between the telephone, e-mail or alive chat.