There are still a large number of forex brokers that yet use 4 digit quotes why forex trading is haram. These quotes are fairly simple and easy to understand as the last digit indicates the genuine worth of a pip. With a sizeable number of 4 digit forex brokers still existing in the market, it is tempting to know how they stack up next to each other why forex trading is haram.
Online Forex Broker : why forex trading is haram
genuine forex brokers in india : best trading broker for forex
RoboForex is a extremely popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is then registered similar to IFC and UK’s FCA. Being a regulated forex broker, its users can be dismount assured of regulatory authorities looking after their real interests in imitation of 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 all right as they come similar to 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 on the account you choose, the spreads can either be drifting or fixed. The customer support of RoboForex is straightforward 24/7 through live chat, e-mail; request a callback through the website and, the telephone. The website too is straightforward for users in 15 interchange languages.
2. Admiral
This international forex broker, established in 2001, focuses on discharging online trading services for CFD upon 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 see forward to using different permit of the art platforms with Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to back up 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 obscure analysis, fundamental analysis, forex calendar, a unique heat map, and answer analysis to gain an idea of where the puff is heading.
Customer maintain through Admiral is straightforward round-the-clock via web open form, e-mail, the telephone, and rouse chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides plenty of options. Despite instinctive a small player in the trading market, Forex4you has earned great quantity of clear reviews and recognitions and is among enormously 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 forlorn one trading platform – MetaTrader 4 for its users when key features included in it taking into consideration Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types easily reached for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In addition to providing a broad range of trading services, Forex4you provides customer support 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 afterward use NSFX for trading commodities behind CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three substitute trading accounts – Standard MT4, Professional ECN, and VIP account gone each of them providing right of entry to combined indices, commodities and currency pairs. Besides the web, traders can afterward use the trading features via mobile devices.
While the NSFX website is manageable in English, German, Turkish, Italian and Arabic, for customer support, traders craving 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 on performance, security and transparency. Owned by FXPRIMUS.com, this forex broker has its presence progress 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 habit to rely upon MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker then offers a well-behaved mobile trading platform and a console trading platform called MyFX. Some of the best features on offer through this broker insert Chart Recognition Software and Autochartist, both of which pay for indicators and identify deeds that can support you make the most of the trading opportunities.
Three swing trading accounts upon offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer sustain for traders is affable in English and many new languages. For profound support, traders have the choice between the telephone, e-mail or alive chat.
