4XP Forex Broker -Full Rating Analysis (v.2) 
4XP Forex Broker General Rating
| 4XP RATING SUMMARY | ||
| MAX | ACHIEVED | |
| 1.Reliability | 28.00% | 8.80% |
| 2.Competition | 30.00% | 23.50% |
| 3.Trading-Options | 26.00% | 26.00% |
| 4.Technology | 16.00% | 14.00% |
| Overall Rating | 100.00% | 72.30% |
4XP Analysis Rating
| 4XP RATING ANALYSIS | 4XP RATING | |||
| TOTAL RATING | 100.0% | |||
| Weight Analysis | Factor Analysis | 72.30% | ANALYSIS | |
| 1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 8.80% | 4XP Reliability Analysis |
| 1.1 4XP Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 4.00% | FSC (BVI)=1%, FMRRC (Rusia) = 3%. Total = 4.0% |
| 1.2 4XP Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 0.00% | Headquarters in British Virginia Islands = 0% |
| 1.3 4XP Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 2.00% | Found in 2007, 5-7 years = 2.0% |
| 1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 0.00% | No US Traders=0% |
| 1.5 4XP Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 2.80% | FPA= 2.806 / 5.0, EarnForex= 5.6 / 10.0, Total = 5.606 / 10.0 = 2.803 / 5 |
| 2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 23.50% | 4XP Competition Analysis |
| 2.1 4XP Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.70=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 12.00% | 4XP Minimum EUR/USD Spread on ECN accounts = 0,3 pips = max |
| 2.2 4XP Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 2.00% | Medium Commissions $3,5 / $ 100,000 = 2.0% |
| 2.3 4XP Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 2.00% | No Deposit / Withdrawal Commissions = 2.0% |
| 2.4 4XP Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 2.00% | No Maintenance Fees = 2.0% |
| 2.5 4XP Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 3.00% | Max Leverage on Classic Accounts is 1/300 = 3.0% |
| 2.6 4XP Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 2.50% | Live Chat, Phone, 24/6 = 2.5% |
| 3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 26.00% | 4XP Trading Analysis |
| 3.1 4XP Availbale Forex Currencies | 8.00% | 45+ Currency Pairs=8.0%, 40+ Currency Pairs=7.0%, 35+ Currency Pairs=6.0%, 30+ Currency Pairs=5.0%, 25+ Currency Pairs=4.0%, 20+ Currency Pairs=3.0%, 15+ Currency Pairs=2.0%, 10+ Currency Pairs=1.0%, Less than 10 pairs=0 | 8.00% | 48 Forex Currencies are offered = 8.0% |
| 3.2 4XP Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 2.00% | Commodities, Stocks, Indices, Bonds = max |
| 3.3 4XP Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 8.00% | Bonus up to 50% |
| 3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes, Scalping is allowed at 4XP = 1.5% |
| 3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes, 4XP is offering the Hedging Option = 1.5% |
| 3.6 4XP Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 2.50% | 5 methods = max |
| 3.7 4XP Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 2.50% | 5 methods = max |
| 4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 14.00% | 4XP Technological Analysis |
| 4.1 4XP Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 4.00% | 4 Forex Trading Platforms are Available 1) 4XP Web Trader 2) MT4 3) MT5 4) Zulu Trade = 4.0% |
| 4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 0.00% | API Trading is not available = 0% |
| 4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | Yes using signals from Zulu Trade = 2.0% |
| 4.4 4XP Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 2.00% | Android, PDA, iPod and iPhone = 2.0% |
| 4.5 4XP MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes both MT4 and MT5 are available by 4XP = 1.0% |
| 4.6 4XP Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 5.00% | High Innovation (Tight spreads, many Fx Currencies, MT4, MT5 and ZuluTrade, offering CFDs, Forex and Binary Options trading and High Promotions) |
4XP Rating Analysis
Online Forex (2012)
