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4XP Review (Out-of-Business)

4XP Review -OUT OF BUSINESS-

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4XP GENERAL INFORMATION

Foundation: 4XP was founded in 2007

Headquarters: 4XP has offices in the British Virgin Islands

US Residents: 4XP forbids traders from the US –NO

Islamic Accounts: 4XP supports Islamic Accounts –YES-

Regulated: 4XP is regulated by FSC (British Virgin Islands)

Languages: 4XP website supports 10 Languages

 

4XP TRADING INFO SUMMARY

■ Broker Type: 4XP is an STP / ECN Forex Broker

■ CFD Trading: YES

■ Binary Options Trading: YES

Platforms: 4XP Offers a Web Trader Platform, MT4, MT5, and a Binary Options Platform

4XP Trading Time Zone: GMT

■ Demo Account: 4XP is providing a Demo Account –YES

■ Typical Spread EUR/USD: 4XP typical spread on EUR/USD is 0.6 pips on ECN accounts and 3 pips on Classic STP accounts.

■ Leverage: Leverage at 4XP can be up to 1/300 for STP accounts and 1/150 for ECN accounts

Scalping: is allowed at 4XP –YES-

■ Bonus / Rebate: 4XP offers a Deposit Bonus for new accounts up to 50%

TRADING ASSETS

4XP is providing many different trading assets:

Forex Currencies, 7 Major Fx Currency pairs and about 60 more Currency pairs (Crosses)

Commodities (Wheat, Sugar, etc)

Metals

Energy

Stocks & Indices (US, European, and Australian shares)

US Bonds

TRADE COSTS & CAPITAL LEVERAGE

4XP TRADING SPREADS

4XP Typical Spread on EUR/USD is 0.6 pips on ECN accounts and 3 pips on Classic STP accounts.

 

4XP TRADING TRADING LEVERAGE

Maximum capital leverage is 1/300 for STP accounts and 1/150 for ECN accounts

TRADING PLATFORMS & MOBILE

4XP TRADING PLATFORMS

4XP is offering a good variety of trading platforms.

1) 4XP Web Trader
2) MetaTrader 4
3) MetaTrader 5
4) Binary Options Platform

+Also 4XP accepts Zulu Trade automated trading (expert advisors)

+Scalping: is allowed at 4XP

+Demo Account is Available

4XP MOBILE TRADING

4XP supports iPhone, iPad, PDA and Android devices

Get free iPhone 4XP mobile app.

»Download 4XPhone iPhone App on iTunes

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4XP TRADING INSTRUMENTS

4XP is providing several trading instruments, including:

Forex Trading

CFD Trading

■ Binary Options

4XP Binary Options Trading Basic Info:

-US Traders: No
-4XP Payout Rate 66-88%
-4XP Refund Rate 0-15%

NEW ACCOUNT INFORMATION

4XP Minimum Account:

The minimum initial deposit required for opening an account on 4XP is 100 USD. Accounts on 4XP can be opened in 2 different currencies: Euro and USD.

 

4XP Deposit Methods:

Bank Wire Transfer

Web Money

Credit Cards

MoneyBookers

CashU

Neteller

Liberty Reserve

Payoneer

4XP Withdrawal Methods:

Bank Wire Transfer

Credit Cards

MoneyBookers

Neteller

BONUS & REBATES

4XP offers New Account Deposit Bonuses up to 50%

 

CONTACT INFORMATION

Global 4XP Telephone Numbers

England Offices:

Tel:+44 20 33181555 Fax:+44 20 77859242

 

⚖️ 4XP PROS AND CONS

(Compared to Competition)

4XP REVIEW CONCLUSIONS

4XP PROS

4XP CONS

√ Low Spreads on the ECN account

√ Wide variety of trading assets

√ Wide variety of trading platforms, plus automated trading

√ Wide variety of payment methods

√ 24/6 customer support, providing phone and live chat

√ Scalping and Hedging

 

X Expensive Fixed spreads on DD accounts

X Home base is in the British Virgin Islands

X 4XP is only regulated by the FSC

 

 

🏁 Review Conclusions:

What truly sets 4XP apart is the wide range of trading options available to its clients. The broker offers multiple platforms and a broad selection of assets and instruments, including Forex currencies, global shares, indices, commodities, energy, and metals. In addition, 4XP provides competitive payout and refund rates. The broker is based in the British Virgin Islands and is regulated only by the local authority there.

  • Low Spreads on the ECN account, but expensive Fixed spreads on DD accounts

 

■ 4XP REVIEW

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