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Company: Forex place Ltd
Founded in: 2009
Online since: 2009
Offices in: British Virgin Island
Payment options: Credit/debit cards, Liberty Reserve, Moneybookers, Neteller, WebMoney, Wire transfer
Demo Platforms: MetaTrader 4, MetaTrader 5
Account currencies: Euro, United States dollar
Currency pairs: AUD/CAD  AUD/CHF  AUD/JPY
AUD/NZD  AUD/USD  CAD/CHF
CAD/JPY  CHF/JPY  EUR/AUD
EUR/CAD  EUR/CHF  EUR/DKK
EUR/GBP  EUR/HUF  EUR/ILS
EUR/INR  EUR/JPY  EUR/NOK
EUR/NZD  EUR/PLN  EUR/SEK
EUR/TRY  EUR/USD  GBP/AUD
GBP/CAD  GBP/CHF  GBP/JPY
GBP/NZD  GBP/USD  NZD/CAD
NZD/CHF  NZD/JPY  NZD/USD
USD/CAD  USD/CHF  USD/DKK
USD/HKD  USD/HUF  USD/ILS
USD/INR  USD/JPY  USD/MXN
USD/NOK  USD/PLN  USD/SEK
USD/SGD  USD/TRY  USD/ZAR
Regulated by:
US Traders welcome?: Yes
Bonus? (detailed):
Website available in (languages): Arabic Chinese, English, French, Italian, Portuguese, Russian, Spanish, Turkish
Support available in: English
Support methods: Email, Live Chat, Phone
Account Types (micro standard executive islamic): Classic, ECN, Binary Options
Minimum account size: $100
Minimum position size: 0.01 Lot
Spread type: Fixed
Minimum spread on EUR/USD, pips: 3
Scalping:
Expert Advisors: Allowed
Trading instruments (GOLD; CFD, etc. and the leverage): Forex – 1:300, Gold & Silver- 1:100, CFD – 1:100, Oil -1:50, Stocks- 1:4, Indexes – 1:100, Soft Commodities- 1:50, Metals – 1:100, Energies – 1:50, Bonds – 1:4
Number of currency pairs: 48
Trading platforms: MetaTrader 4, MetaTrader 5, Web Trader (SerSart)
Trading by telephone: Yes
Islamic accounts available: Yes
Bonus offers:
Hedging: Yes
Overnight interest rates (swaps): Yes
Trailing stop: Yes
Free education: Yes
Mobile trading: Yes
Browser-based platform: Yes

4xplogo4XP also known by the name Forex Palace was established in the year 2009 and has been into online trading since then. The money and time invested in creating their first impression is evident from the fact that their website. When you go through their website you will find that it is available in many languages and hence the people around the world can have ease of use. The website is available in around 10 languages. The services offered by the 4XP trading platform are many and very similar to many other platforms. However, there are a few services that sets them apart from the pack in a very major way which includes webinars and also one on one coaching which is very useful for the beginners.

4XP offers everything that will make life easy for their customers. They offer many payment options which will enable them to make deposits without any hassle. Some of the payment options are the one which you may not even have heard of. You will find every option of making the payment that you may think of or want to choose. They offer web based as well as downloadable form of trading platform. They also offer Meta Trader 4 and Meta Trader 5 to their customers. All the platforms are easily available, though many prefer to use web based platform as it does not require any download and have to just enter the username and password.

The customer support is available to the clients for 24 hours for 6 days through support methods which include phone, email and live chat. They are very responsive and patient when resolving your issues.  Their only motive is not just to take your money but they spend a lot to educate their traders and hone their trading skills.

There are many good reviews online about the 4XP company. There are many features and services offered by the company which keeps their clients with them. The feature that makes their first impression with their client and is also mentioned in most of the reviews is the availability of website in about 10 languages. The customer support service is the best in the industry and is available only in English. They have about 48 currency pairs to trade in which is liked by many traders. They provide mobile trading and the application can be easily downloaded on their iPhone and enable the traders to do the trading even when they are on move as long as the internet facility is available. They also allow the traders from United States of America. The disadvantage of trading with tem is that they are not regulated. The spread is also very high though they are fixed.  However, the cons outweigh the pros and hence are a recommended broker for trading. They also provide educational material to their clients. The average rating given by various reviewers is 5.6 out of 10 which shows its reliability.» Sign up now