There are still a large number of forex brokers that still use 4 digit quotes what is a forex broker. These quotes are fairly easy and easy 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 attractive to know how they stack up against each other what is a forex broker.
Online Forex Broker : what is a forex broker
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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 next registered like IFC and UK’s FCA. Being a regulated forex broker, its users can be stop assured of regulatory authorities looking after their valid interests next 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 customary as they come as soon as 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 lost or fixed. The customer preserve of RoboForex is genial 24/7 through rouse chat, e-mail; request a callback through the website and, the telephone. The website too is comprehensible for users in 15 every other 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 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 see forward to using different divulge of the art platforms gone Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to encourage traders carry out their activities, the broker has come out in the same way as 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 salutation analysis to get an idea of where the broadcast is heading.
Customer maintain through Admiral is easy to use round-the-clock via web entrance form, e-mail, the telephone, and liven up chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides plenty of options. Despite visceral a small player in the trading market, Forex4you has earned plenty of sure reviews and recognitions and is among enormously 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 unaccompanied one trading platform – MetaTrader 4 for its users afterward key features included in it past Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types to hand for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In adjunct to providing a wide 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 after that use NSFX for trading commodities later than CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three alternative trading accounts – Standard MT4, Professional ECN, and VIP account like each of them providing entrance to compound indices, commodities and currency pairs. Besides the web, traders can next 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 infatuation to entrance 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 increase across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a unfriendly sponsor of Manchester City Football Club.
FXPrimus users obsession to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker after that offers a well-behaved mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker swell Chart Recognition Software and Autochartist, both of which allow indicators and identify goings-on that can support you make the most of the trading opportunities.
Three every other trading accounts upon offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer withhold for traders is affable in English and many other languages. For rarefied support, traders have the unorthodox between the telephone, e-mail or enliven chat.