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4XP: Closed Broker

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4XP reviews

4XP Discussion

 

  • Website: www.4xp.com
  • Founded: 2008
  • Headquarter: Forex Place Ltd. (BVI) Omar Hodge Building P.O. Box 3163 Chera Chambers Road Town Tortola, British Virgin Islands
  • Regulation: FMRRC (license #RU 0394 AA Vv0023)

International offices Norway . Germany . Spain . Italy . Turkey . Canada . China . Russia
Broker Type ECN/STP • Market Maker
Broker Status Independent Broker
Accept U.S Clients No
Live Chat Yes
Website Languages English, Arabic, Italian, Turkish, French, Japanese, Portuguese, Hindi, Russian, Spanish

 

Account Information

Free Demo Account Yes
Min. Deposit $100
ECN account $100
Account Currencies USD • EUR
Maximum Leverage 300:1
Minimal Order Volume 0.01
Segregated accounts No
Swap-free Accounts Yes
MAM/PAMM accounts MAM
Interest on margin No
Deposit/ Withdraw Options WebMoney • Moneybookers (Skrill) • Neteller • Bank Wire • Visa/ Mastercard

 

Trading Terms

Trading Platforms
  • MetaTrader 4 (desktop, mobile, iPhone, iPad, iPod touch)
  • MetaTrader 5
Precision pricing 4/5 digits
Type of Spread Fixed/Floating
Commission No – Mini & Standard account
Yes – ECN account
Lowest spread on EURUSD 3 pips – Mini & Standard account
0.3 pips – ECN account
Scalping Yes
Hedging Yes
Expert Advisors Yes
One-click execution Yes
OCO orders Yes
Mobile Trading Yes
Web Trading Yes
Gold, Silver Yes
CFDs Yes
Other Trading Instruments Indices • Energies • Commodities • Bonds • Shares • Binary options
Promotion Yes
Trading Contests No

 

What’s new

February 8, 2012: Add a listing for 4XP.

Reader Interactions

Comments

  1. goldy_40 says

    October 23, 2013 at 7:21 pm

    Take care
    This company is outlaw:

    They said recently, in Deutchland :

    Forex Place Limited (the “Company”), hereby notify you as follows:

    The Company has received an immediate and surprising cease order, issued by
    the British Virgins Islands FSC, ordering the Company to cease its trading
    services operation. The Company has applied to the FSC against the order, and is
    considering other legal venues to renew its operations.

    Due to the above order, banks and other financial institutes have frozen the
    Company’s accounts. Furthermore, the Company’s funds with liberty Reserve
    have being frozen as well, due to the procedures filed against Liberty Reserve
    and its officers.

    As mentioned above, The Company is making efforts and taking actions as
    necessary in order to have the FSC order cancelled, and negotiates with its banks
    to have its Accounts reopened. According to professional legal advice provided to
    the Company, such actions shall take a few months at least. In the meantime, the
    Company must honor the order.

    Due to the above, the Company is currently unable to process deposit and
    withdrawal requests, until further notice. The Company hopes such notice shall
    not take long.

    As you well know, the Company has always been proud of its honesty and
    integrity. The Company trust that you understand that the events are beyond our
    control and cooperate with the Company’s efforts, and we regret any
    inconvenience caused.

    Sincerely,

    Forex Place Limited

    Source :
    http://4xp-anleger.info/wp-content/uploads/2013/10/4xp.pdf

    Reply
  2. Kingsley Monk says

    September 21, 2013 at 10:32 pm

    I just open a demo account with them and I just start trading here right away I want to test how their functionality is working before I can go ahead to deposit with them in the real account.
    Right now I have no problem with that my demo account with them but I also beleive that after few weeks I will still post my review here .

    Reply
  3. winuga says

    August 9, 2013 at 6:59 pm

    i do not have live account yet with 4xp, but i saw some interesting promotions from their website
    100% deposit bonus can you imagine that? i just wondering how this bonus will help me in my trading
    some brokers offering many deposit bonus but i think seem useless to get the bonus because the bonus will wiped out from account if the equity falls bellow the bonus amount, will 4xp do the same??

    Reply
  4. Rosangela Marchetta says

    March 6, 2013 at 9:06 pm

    Esperienza assolutamente NEGATIVA!!! LO SCONSIGLIO A TUTTI!!! STATE ATTENTI! Mi hanno consigliato un conto gestito e il mio conto in due mesi da oltre 11.000 euro si è ridotto a 5.000. L’ho chiuso in tempo altrimenti me lo avrebbero bruciato completamente!!!
    Si sono comportati malissimo, non mi hanno mai parlato di rischi ma di rendimenti del 30% al mese. Mi dicevano che sarei stata contentissima e invece ora sono nella palta perché quelli erano i miei risparmi e loro lo SAPEVANO BENE. Sapevano anche che SONO DISOCCUPATA da oltre un anno!
    SONO PESSIMI!!! DA DIMENTICARE!!!” Anzi diffondete se potete, molti vengono presi in giro, raggirati o truffati come lo sono stata io nella mia ingenuità.

    Reply
  5. George says

    January 29, 2013 at 12:17 pm

    I already have a demo account with 4XP and they are really good in execution . till now i never faced any problem with this broker they are very trusted . 4xp have there offices in many of the major countries so we can say the broker network is quite good .

    I have just checked the new promotions and they are really good and attractive . I hope the new clients can make use of this bonus and promotions .

    Reply
  6. Indonesia, Derek says

    May 29, 2012 at 9:17 am

    I don’t like high spread that they offer but their customer support is excellent and I think you cannot complain with it. They really care about clients, sometime it is even annoying. I traded with them on Demo account for few month and no problem at all with execution. Maybe I will go with real account in near time.

    Reply

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