There are yet a large number of forex brokers that still use 4 digit quotes what is the best broker for forex. These quotes are fairly easy 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 glamorous to know how they stack up adjoining each other what is the best broker for forex.
Online Forex Broker : what is the best broker for forex
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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 also registered in the impression of IFC and UK’s FCA. Being a regulated forex broker, its users can be get out of assured of regulatory authorities looking after their authentic interests when 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 behind 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 drifting or fixed. The customer withhold of RoboForex is within reach 24/7 through live chat, e-mail; request a callback through the website and, the telephone. The website too is affable for users in 15 exchange languages.
2. Admiral
This international forex broker, established in 2001, focuses upon discharging online trading services for CFD upon equities, currencies, energy, market indices and exaggerated metals to retails traders all 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 permit of the art platforms like Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to incite traders carry out their activities, the broker has come out following apps for Apple and Android devices.
One of the main features of Admiral has been their analytics. In fact, traders can dig deep into rarefied analysis, fundamental analysis, forex calendar, a unique heat map, and confession analysis to gain an idea of where the puff is heading.
Customer support through Admiral is welcoming round-the-clock via web way in form, e-mail, the telephone, and sentient chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides wealth of options. Despite creature a little player in the trading market, Forex4you has earned profusion of Definite reviews and recognitions and is among categorically few players that present cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides without help one trading platform – MetaTrader 4 for its users with key features included in it in imitation of Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types straightforward for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In accessory to providing a broad range of trading services, Forex4you provides customer retain 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 taking into consideration CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three stand-in trading accounts – Standard MT4, Professional ECN, and VIP account next each of them providing entrance to complex indices, commodities and currency pairs. Besides the web, traders can along with use the trading features via mobile devices.
While the NSFX website is reachable in English, German, Turkish, Italian and Arabic, for customer support, traders craving to approach 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 forward movement across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a snooty sponsor of Manchester City Football Club.
FXPrimus users compulsion to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker along with offers a reliable mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker enlarge Chart Recognition Software and Autochartist, both of which manage to pay for indicators and identify undertakings that can encourage 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 comprehensible in English and many new languages. For obscure support, traders have the different between the telephone, e-mail or breathing chat.