Advertisement

Broker Categories

4XP Forex Place Review

4XP real time & average spread

Real time spread
N/A
Average spread
For the last hour
Min spread
N/A
Max spread
N/A
Swap long: n/a
Swap short: n/a
Stop/Limit level: n/a
2.78 pips

4XP execution and slippage

 

Slippage is the difference between the price at which the order has been placed and the price at which it has been executed by the broker. The less slippage you get, the better your trading results will be. 

 

Our slippage data about 4XP is sampled by 10 of the most popular forex trading strategies in Zulutrade.com

 

3.29 pips

4XP slippage with Forex Cruise Control trading strategy

Forex Cruise Control is a counter trend strategy, trading exclusively GBP/USD

 

Average profit:                9.0 pips

Average trade lifespan: 7 hours

Most traded pairs:              GBP/USD
2.88 pips

4XP slippage with Co-Fx-24 trading strategy

Average profit:                12.0 pips

Average trade lifespan:  22 hours

Most traded pairs:               GBP/USD
2.57 pips

4XP slippage with HighProfitFactor trading strategy

Average profit:                  9.0 pips

Average trade lifespan:  9 hours

Most traded pairs:               GBP/USD
2.36 pips

4XP slippage with Triple X trading strategy

Average pips/trade:          5.0

Average trade lifespan:   6 hours

Most traded pairs:               GBP/USD
1.54 pips

4XP slippage with Jianhong111 trading strategy

Average pips/trade:          10.0

Average trade lifespan:   15 hours

Most traded pairs:               EUR/USD, GBP/USD
3.18 pips

4XP slippage with Mvk_08 trading strategy

Average profit:                  15.0 pips

Average trade lifespan:   14 hours

Most traded pairs:               EUR/USD, GBP/USD
1.30 pips

4XP slippage with Xiaofan777 trading strategy

Average profit:                  12.0 pips

Average trade lifespan:   21 hours

Most traded pairs:               EUR/USD, GBP/USD, AUD/USD
0.46 pips

4XP slippage with ForexTechno - [eurusd_lt] trading strategy

Average pips/trade:          7.0

Average trade lifespan:   17 hours

Most traded pairs:               EUR/USD
3.81 pips

4XP slippage with Yamatofx2vera trading strategy

Average profit:                  10.0 pips

Average trade lifespan:   21 hours

Most traded pairs:               EUR/CAD, USD/JPY, GBP/USD
7.77 pips

4XP slippage with GBP Profit trading strategy

GBP Profit is a counter-trend trading strategy, selling GBP crosses.

 

Average profit:                   40.0 pips

Average trade lifespan:  4 days
Most traded pairs:                 GBP/JPY, GBP/CHF, GBP/NZD
Trader's rate 4
Editor's rate 4.6
31 reviews

Classic Account:

Minimum deposit: $100

Minimum lot size: 10 k

Maximum leverage: 1:300

 

ECN Account 

Minimum deposit: $1000

Minimum lot size: 10 k

Maximum leverage: 1:150

 

Dealing:

Market Maker, ECN, STP

 

Spread:

Fixed, 3 pips

Variable, from 0.3 pips + 0.35 pips commission 

 

Deposit/Withdraw

Bank Wire, Credit card, MoneyBookers, Click2Pay, AlertPay, WebMoney, Liberty Reserve

 

Platform:

Metatrader, Web Metatrader, Mirror Trader

 

Extra Services:

Signals from Zulutrade and Tradency

Spread

Pros

Cons

 

 

Slippage

Pros

Cons

 

 

Requotes

Pros

Cons

 

 

Price feed

Pros

Cons

 

 

Platform

Pros

Cons

 

 

Deposit/Withdraw

Pros

Cons

 

 

Customer service

Pros

Cons

 

 

Summary

Pros

Cons

 

 

Traders` reviews for 4XP Add review

I am satisfied with 4XP ECN account

Hi. Although I haven't made any withdrawals yet and I am trading only for 3 weeks or so, I have to say I am very satisfied with 4xp services. The ECN account which I'm using is great and until now is the best I found...

My suggestion to those who had or have ''bad experiences'' with 4xp would be to call them or your account manager instead of chatting as I noticed myself that the chat room is slightly less responsive in solving issues...

Andrew Sacks is a reliable account manager...so far :)
I'll come back with further feedback...

Good luck and all the best!

Marion 03/05/2012

I made $8000 profit trading binary options with 4XP

I have opened binary options account with 4xp with 200$ investment and received 100% bonus. Representative Jack Bukay detailed everything very well and everything went smoothly with the deposit and the bonus.

Roughly 2 weeks later I have made profit of 8000$. Received my first withdrawal 2 days ago, which was processed in 10 days. All problems were from my part and my account manager Nick Gabriel and Nadine Tailor were always eager to help and were very helpful in solving problems. Before opening an account with them I hesitated, but now I have 8000$ profit in just 2 weeks.

I think those unfortunate cases with negative feedback are just small percentage of all their customers. Jayden Hamilton is also doing a great work as I see.

I'm going to order another withdrawal request on 6000$ and I'll update this post after the successful transaction.
Keep up the great work guys!

acpanov 03/05/2012

4XP is really committed to giving you the best tools

Did you see my educational live webinars have produced some excellent results and I am happy to recommend them to new and experienced traders alike. This broker is really committed to giving you the best tools, charts, selection of instruments and live trading guidance and insight far advanced compared to a majority of brokers.

Personally I found Mark Webber a honest reliable account manager with brilliant work ethics. They do take long to pay and this is comforting for me as it shows my funds are not pooled with the masses, but segregated and obviously has to go through a controlled process.

given the service is not the best, but the margins are.

I have been recommending them as my personal first choice.

Lorax 02/15/2012

my opinion about 4xp!

no company is perfect, but from my past experience 4xp is a reasonable at list with this company u received any payment whila at other companies it took a months until i saw money.

Jen 11/23/2011

4xp

did u know that there is 500$ bonus in Registry?
good company great service!

ahmad 11/15/2011

4xp

did u know that there is 500$ in Registry?

ahmad 11/15/2011

Resolved

An update regarding my last post, 4XP has now solved what differences we had and I must say they handled the issue very professionally.

Martin Redgård 10/13/2011

4XP Review

My first experience with 4XP im sad to say is a bad one. I spoke with "Jake Hamer" and his colleage "Andrew Saks" initially and before i deposited funds everything was fine. I was promised a 15% bonus on my deposit and fixed 1 pip spread on EURUSD. Even when i since several weeks have deposited both funds and all the required documents they have not given me neither the promised spread or bonus. Jake Hamer and Andrew Saks seem to be made up since they are nowhere to be found. The customer support says that they are both out of office (all the time). I have not made a single trade so I cant say anything about trading with 4XP but i feel cheated and like a fool for depositing with them. I am seriously considering not even trading but just withdraw the funds imminently.

Martin Redgård 10/02/2011

4XP Customer Service

Hello Vlad, my name is Jayden Hamilton and I am a customer service representative for 4XP.
I am sorry to hear about your experience with 4XP and I would like to help solve the issue and make sure that it will not happen again. Please send me further details of your complaint and your account number to customersupport@4xp.com.

Thank you, best regards, Jayden Hamilton.

Jayden 09/25/2011

I love the $500 dollar forex bonus from 4XP

I love the $500 dollar sign up bonus, can't wait for my payouts so I can do more trading. Nice co to deal with.

Vito 08/04/2011

My personal manager not answering

Good reviews. But I've got different review.
Personal Manager not answering, "Contacts Us" page not working or I'm blocked to write them, Customer Service "Live Chat" not answering as well. Just ignoring...

Vlad 07/26/2011

I am still a newbie with 4XP

I am still a newbie as I have just joined. I have found Alan Morris to be informative and helpful to date. I am sure that this will continue based on the reviews here.

Praneel Matai, FPA 02/28/2011

4XP: So far so good

So far so good. People seem to be talking about withdrawals alot – made 2 small withdrawals so far, the first took about 11 days, the second took 2 days.

Alberto, Forexoma 02/28/2011

I run my EA there on 4XP's VPS

I join 4XP for almost 1 year. What I like they have a lot different accounts, I chose what good for me.

Also I run my EA there on VPS and good results.

One time they make little problem with withdrawl, but I call and talk to Ernesto and he help me understand why and get my money pretty fast.

After the trades are good and I do good there.

Alarico Meraz 02/02/2011

Jackie thank you for the help

I have traded with Forex Place.
The best account manager is Jackie Barilla.
I have solved little problem with Forex Place to receive money.
I think company is good.
Thank you, Jackie

Stefano Carnevale, FPA 01/18/2011

I trade with 4xp 4 months now

I trade with 4xp 4 months now. Support is good. Many calls every day. Building my acct slow.

Not withdraw yet so no comment, but i like support and account manager

Imedana, Forexoma 01/13/2011

4xp is quite a decent and reliable broker

4xp is quite a decent and reliable broker.

Spreads are fine, execution ok, only during news releases difficult to get good fills.

Important: money withdrawal usually quite fast and easy.

Hiren, FPA 01/11/2011

4XP connection problems are few and very short

They are the best.

My account manager Oren phones my regularly and to hear if I need anything.

Connection problem are few and very short. I never had to withdraw yet. I’m to stupid to make money. LOL.

10 Months with them. Thanks 4XP and Oren.

Marius Fourie, Forexoma 10/07/2010

4XP is just as good as Alpari

Have used 4XP for about a year this is a good platform that we find very smooth..Any small problems have been taken care straight away. They have a good desk and have some very good forex minds that have been at 4XP and still are at 4XP. They are up and coming just as good as Alpari or better for sure.

Have done many withdrawals n problems.I do some volume and they handle it well..

Jeffrey Morris, FPA 09/24/2010

Just a straight up MT4 brokerage with fixed spreads

They like to keep things simple which is good.

Just a straight up MT4 brokerage, accepts credit cards and spreads don't change and are fixed low. Using an EA without any issues

Jerome R, FPA 09/07/2010

4XP: Great service, good spreads and a good bonus

I am Bela. I try new broker called 4XP. I have been with this broker for 2 month now. Great service, good spreads and a good bonus on my deposit. No complaint so far.

Bela Folde, Forexoma 08/23/2010

I successfully withdraw my profits fromc4XP to by Moneybookers

I started trading with 4xp around 2 months ago. My contact Mark Webber has been very helpful answering all the questions that I had. I received a pretty generous bonus on my deposit. The spreads are good. I haven't had a chance to withdraw money yet but I will be sure to let you know how their withdraw process is handled.

Update: Good update regarding 4XP performance. I earned some cash from my trades. I sent in all the required docs and I received my winnings to my Moneybookers account within 1 week. Thanks to my account manager Allan for all the help.

Dylan, FPA 08/16/2010

I like trading with 4XP MT4 software

I would like to share with you my experience with 4xp (forex place).

I have been trading with them for around 3 months now. They have good spreads and I like trading with MT4 software. My account manager Allan has been very helpful, the only thing is the live chat on their site sometimes does not work or takes a long time to connect.

I feel like my money is safe with them and to me that is the most important,

Dylan Andrews, Forexoma 08/10/2010

I have used AvaFX, eToro as well as 4xp

I have been trading forex for around 2 years now. I have used AvaFX, eToro as well as 4xp.

I have been trading with 4xp for the last 6 months. My account manager for the dutch market was extremely helpful at the beginning but sometimes it is very hard to get hold of him.

They have a good spread and some nice bonuses on deposit were offered to me.

The only thing that I could complain about is that I had 2 fax my compliance a few times until it was received for my withdraw but as soon as they were received I got my money in about a week after.

Golda, FPA 07/29/2010

4XP: The withdrawal is a problem, but money is safe

Excellent performance is what I can say.

Transparent, ethical and proffesional.I have traded in many forex companies, but! , if i say i have made profits in a short span... then its definetly going to be 4xp.

Thanks to the entire 4xp team who have ensured that the clients do not loose money but gain money.24 hr support is what they have been giving us.

The withdrawal is a problem ( It gets delayed but the money is safe and which is the case of every other broker). For me 4xp is a absolute yes yes!

Vivek Reddy, FPA 05/12/2010

4XP: Everything was fabulous until I sent a request for withdrawal

Initially it works fine, i can finest good spread, very good software, feedback, Daily Analysis and yes bonus of 50%.

Everything was fabulous until you give a request for withdrawal, suddenly everything seems to be dazzle all going against u once you ask for withdrwal, in my case when i given withdrwal request first their executive Mr.Gururaj and his Country Mr.Arun told me it can done within 2 working but waited till 5 days still no credit in my account so called them and asked it was strange answer, sorry its only be done around 20th i have given a request on 8th of Feb and they are saying 20th, ok i waited till 20th thankfully i got money which i asked but with 35$ withdrwal commission (which they had not mentioned anywhere neither on their website nor on their email), and for my surprise bonus which they had given was withdrawn the reason was i asked for withdrwal (let me clear it i deposited 1000$ and they given me 500$ bonus, i got profit of around 700$ so i asked for 600$ not my initial deposit, initial deposit will be as it is infact after withdrwal also my account will be reflecting 1100$ which was above my initial deposit so there is no point of low margin), when i asked for clarification they were unable to satisfied me. than i asked for all my left balance to be withdrwan they said its only be done on 5th of March i said but again they gone aginst their promise and now they are saying that its going to be credit on 20th of march........... it was so hectic that i lost my all temper and concerntration and gone onto lost all my profit which was around 1000$, i dont want that profited amount but atleast give my deposited amt......

Rehan, FPA 03/03/2010

4XP: Reliable platform, fixed spread and great bonus

I opened an account with 4xp just over 2 weeks ago and funded the account by credit card. Literally within seconds the amount appeared in the account, exchanged from Euros (in Cyprus), to US dollars, at exactly the rate showing on my chart on the screen at the time ! Absolutely no deductions whatsoever, and then half an hour later the bonus appeared - about 31 per cent.

The platform has been running on my computer for 24 hours a day all during the week, and not once has it lost connection and the fixed spreads have remained just that throughout.

Customer service have regularly called me and mailed me during this time to check that I am happy.

In my view they are first class in every department.

Cookies, FPA 11/25/2009

I'm able to run all my trading strategies with 4XP

This is a great new meta trader 4 operator IMHO.

I was able to manage all my strategies without any problem. And their daily analysts seem to be providing good guidelines. All in all this looks like a new fair forex platform that may be a good fit for forex experts and novice investors alike.

Currency Broker, Forexoma 09/25/2009

MT4 guy

They don’t promote openly the $3500 bonus…

It’s for bigger traders I guess…but this company is generous – which is a plus.

MT4 guy

MT4Guy, Forexoma 09/12/2009

4XP: Forex training sessions, fast transfers and a bonus

They will call you everytime if you need help, everytime!

Fast Money and withdraw transfer.

Spreads are beautiful and tight.

This is a broker that wants you to make profit all the time. They have training session for all clients, both new and experinced traders: tuesdays and wednesdays, they'll send you a daily market report every morning here in nigeria which is very certain, no requotes, no slippage and they are regulated!!!!!.

Bonus on deposits made for live account. They are beautiful i must say.So i recommend it!

5 star from me.

Tunde, FPA 07/29/2009

I've opened 1k account with 4XP and got $500 bonus

Excellent so far. I have opened an account with 1k and they gave me $500 of bonus that i can cash out after trading 50 lots. Very good support as well.

Ricardo D, FPA 07/13/2009
Follow forexbrokerz on Twitter

© 2012 ForexBrokerz.com