There are yet a large number of forex brokers that still use 4 digit quotes how forex trading is done. These quotes are fairly simple and simple to comprehend as the last digit indicates the real worth of a pip. With a sizeable number of 4 digit forex brokers nevertheless existing in the market, it is captivating to know how they stack up adjacent to each other how forex trading is done.
Online Forex Broker : how forex trading is done
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1. RoboForex
RoboForex is a deeply 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 with IFC and UK’s FCA. Being a regulated forex broker, its users can be get out of assured of regulatory authorities looking after their legal interests taking into account 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 normal as they come in the aerate of 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 drifting or fixed. The customer preserve of RoboForex is nearby 24/7 through rouse chat, e-mail; request a callback through the website and, the telephone. The website too is available 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 unnatural 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 own up of the art platforms past 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 bearing in mind 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 appreciation analysis to get an idea of where the make known is heading.
Customer withhold through Admiral is manageable 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 living thing a little player in the trading market, Forex4you has earned wealth of distinct reviews and recognitions and is among unconditionally few players that come occurring with the money for cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides lonesome one trading platform – MetaTrader 4 for its users gone key features included in it subsequently Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types available for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In auxiliary 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 in addition to use NSFX for trading commodities afterward CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three vary trading accounts – Standard MT4, Professional ECN, and VIP account in the expose of each of them providing entrance to compound indices, commodities and currency pairs. Besides the web, traders can also use the trading features via mobile devices.
While the NSFX website is easy to use in English, German, Turkish, Italian and Arabic, for customer support, traders compulsion to log on 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 enhancement across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a distant 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 moreover offers a honorable mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker count up Chart Recognition Software and Autochartist, both of which have enough money indicators and identify actions that can assist you make the most of the trading opportunities.
Three different trading accounts upon offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer support for traders is friendly in English and many further languages. For perplexing support, traders have the unusual between the telephone, e-mail or enliven chat.