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4XP Review (Out-of-Business)

 4XP Review

(OUT OF BUSINESS SINCE 2014)

 

4XP GENERAL INFORMATION

Found: 4XP was found in 2007

Headquarters: 4XP has offices in the British Virginia Islands

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

Islamic Accounts: 4XP supports Islamic Accounts –YES-

Regulated: 4XP is regulated by FSC (British Virginia 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 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

 

 

COMMISSIONS & LEVERAGE

4XP TRADING COMMISSIONS

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

4XP TRADING LEVERAGE

Maximum Leverage at 4XP 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 Platform.

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%

 

Conclusion:

What really characterizes 4XP is the great variety of Trading Options that its customers are enjoying. Many platforms and many different assets and instruments are offered like Forex Currencies, World Shares, and Indices, Commodities, Energy and Metals. Plus 4XP offers Binary Options Trading with high payout and refund rate in relation with the competition. 4XP is based at British Virginia Islands and that is only regulated by the local body there.

CONTACT INFORMATION

Global 4XP Telephone Numbers

England Offices:

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

 

4XP PROS AND CONS

(According to competition)

4XP REVIEW CONCLUSIONS

4XP PROS

4XP CONS

√ Low Spreads compared to the competition on ECN accounts

√ Wide variety of Trading Assets plus Binary Options Trading

√ Wide variety of Trading Platforms, plus automated Fx Trading

√ Wide variety of Payment / Withdrawal methods

√ 24/6 customer support, providing Phone and Live Chat

√ Allows Scalping and Hedging

 

X Trading Commissions are charged

X Home Base is atBritishVirginiaIslands

X 4XP is Regulated only by FSC

 

 

 

■ 4XP REVIEW

TradingCenter

 

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