list of forex brokers in india – Pros & Cons – what are brokers in forex

There are nevertheless a large number of forex brokers that still use 4 digit quotes list of forex brokers in india. 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 nevertheless existing in the market, it is captivating to know how they stack up adjoining each other list of forex brokers in india.

Online Forex Broker : list of forex brokers in india

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Pros & Cons

1. RoboForex

RoboForex is a intensely popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is also registered similar to IFC and UK’s FCA. Being a regulated forex broker, its users can be perch assured of regulatory authorities looking after their genuine interests with 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 later 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 directionless or fixed. The customer sustain of RoboForex is reachable 24/7 through conscious chat, e-mail; request a callback through the website and, the telephone. The website too is friendly for users in 15 alternative languages.

2. Admiral

This international forex broker, established in 2001, focuses upon discharging online trading facilities for CFD on equities, currencies, energy, market indices and unnatural 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 give access of the art platforms like Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to support traders carry out their activities, the broker has come out gone apps for Apple and Android devices.

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

Customer withhold through Admiral is nearby round-the-clock via web door form, e-mail, the telephone, and alive chat.

3. Forex4you

For those looking for online forex trading services, Forex4you provides large quantity of options. Despite visceral a little player in the trading market, Forex4you has earned large quantity of distinct reviews and recognitions and is among completely few players that manage to pay for cents trading accounts for those traders that are starting afresh in the forex market.

This British Virgin Islands-based forex broker provides solitary one trading platform – MetaTrader 4 for its users afterward key features included in it next Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types approachable for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.

In adjunct to providing a wide 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 then use NSFX for trading commodities next CFDs, Indices, Crude Oil, Gold, and Silver.

NSFX offers three stand-in trading accounts – Standard MT4, Professional ECN, and VIP account similar to each of them providing entry to fused indices, commodities and currency pairs. Besides the web, traders can after that use the trading features via mobile devices.

While the NSFX website is friendly in English, German, Turkish, Italian and Arabic, for customer support, traders need to contact 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 take forward across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a superior sponsor of Manchester City Football Club.

FXPrimus users dependence to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker along with offers a well-behaved 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 enough money indicators and identify comings and goings that can support you make the most of the trading opportunities.

Three swap trading accounts upon offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer maintain for traders is nearby in English and many other languages. For technical support, traders have the substitute between the telephone, e-mail or sentient chat.