Forex Broker - 4XP (Forex Place) Review

4XP Background

4XP (Forex Place) was founded by a group of retail ended entrepreneurs and capital market dealers with a combined expertise in both online and offline trading. The founders’ primary focus was to create a Capital Market Broker that would be a model of par excellence based on honesty, integrity and professionalism.

Key Features of 4XP

• Protected Accounts - Risk free account option with personal account manager for investments between $2000 and $25000.
• Free 'Beginning Trading' 'Advanced Trading' and 'MetaTrader 4' courses available on website.
• Unique daily and weekly market commentary, economic calendar and 24 hour customer trading room.

Account types

The Classic account type offers fixed spreads with the option of a mini account to trade smaller lots. Accounts offer a guaranteed stop loss/take profit levels and are supportive of hedging and scalping

An ECN account type is also available. This provides a $3.50 lot commission, floating spreads, 1:150 leverage and an optional mini account with lots from 0.01. It also accepts the use of both Expert Advisors and Robotic trading.

4XP also offers a range of funds which can be traded on both low and aggressive risk profiles. These include a Forex Majors, Scalping, Commodities and a Gold Exchange Fund. 4XP also offers the facility to trade binary options.

4XP Trading Platform

4XP offers the worlds leading trading platform, Metatrader 4 and extends this to providing full mobile trading. This gives instant access for those traders wishing to use any of the commercially available Expert advisors on their trading account.

"4 XP provides an advanced and comprehensive offering which will cater for the requirements of advancing and experienced traders." .

Up to 30% bonus on first time deposits*

Ready to start trading with 4XP?