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4 Digit Forex Brokers : Trusted Forex Brokers 2018

There are still a large number of forex brokers that still use 4 digit quotes. These quotes are fairly simple and easy to understand as the last digit indicates the real worth of a pip. With a sizeable number of 4 digit forex brokers still existing in the market, it is interesting to know how they stack up against each other.

Some of the best 4 digit forex brokers are here:

1. Forex4you
For those looking for online forex trading services, Forex4you provides plenty of options. Despite being a small player in the trading market, Forex4you has earned plenty of positive reviews and recognitions and is among very few players that provide cents trading accounts for those traders that are starting afresh in the forex market.

This British Virgin Islands-based forex broker provides only one trading platform – MetaTrader 4 for its users with key features included in it like Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types available for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In addition to providing a wide range of trading services, Forex4you provides customer support 24/5 through the telephone, e-mail or Live Chat.

2. RoboForex
RoboForex is a highly popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is also registered with IFC and UK’s FCA. Being a regulated forex broker, its users can be rest assured of regulatory authorities looking after their legal interests with utmost care.

With RoboForex, you can choose between 4 trading platforms – MetaTrader 5, MetaTrader 4, CTrader, and WedTrader. The former two platforms are considered as the industry standard as they come with packed tools and features and are used by millions of traders worldwide.
Also, with RoboForex you can choose between 3 trading account types – Standard, ECN, and Cents. Depending on the account you choose, the spreads can either be floating or fixed. The customer support of RoboForex is available 24/7 through live chat, e-mail; request a callback through the website and, the telephone. The website too is available for users in 15 different languages.

3. Admiral Markets
This international forex broker, established in 2001, focuses on discharging online trading services for CFD on equities, currencies, energy, market indices and precious metals to retails traders all across the world. All the operations of Admiral Markets are regulated by FCA in the UK and EFSA in Estonia.

Traders can look forward to using different state of the art platforms with Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to help traders carry out their activities, the broker has come out with apps for Apple and Android devices.
One of the main features of Admiral has been their analytics. In fact, traders can dig deep into technical analysis, fundamental analysis, forex calendar, a unique heat map, and wave analysis to get an idea of where the market is heading.
Customer support through Admiral is available round-the-clock via web contact form, e-mail, the telephone, and live chat.


4. NSFX
This Maltese based forex broker primarily serves the French, English, German, Arabic and Italian markets and is regulated by a number of financial authorities including, MFSA in Malta, BaFin, FSA, MiFID, and others. Besides forex, traders can also use NSFX for trading commodities like CFDs, Indices, Crude Oil, Gold, and Silver.

NSFX offers three different trading accounts – Standard MT4, Professional ECN, and VIP account with each of them providing access to multiple indices, commodities and currency pairs. Besides the web, traders can also use the trading features via mobile devices.
While the NSFX website is available in English, German, Turkish, Italian and Arabic, for customer support, traders need to contact any of the broker’s international locations using Online Chat or E-mail.

5. FXPrimus
FXPrimus is one of those online forex brokers that place a lot of emphasis on performance, security and transparency. Owned by FXPRIMUS.com, this forex broker has its presence spread across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a proud sponsor of Manchester City Football Club.
FXPrimus users need to rely on MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker also offers a reliable mobile trading platform and a console trading platform called MyFX. Some of the best features on offer through this broker include Chart Recognition Software and Autochartist, both of which provide indicators and identify events that can help you make the most of the trading opportunities.
Three different trading accounts on offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer support for traders is available in English and many other languages. For technical support, traders have the choice between the telephone, e-mail or live chat.

Comments

RISK:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

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