4XP Forex Broker General Rating
|
ASPECT
|
RATING
|
MAX
|
ARCHIEVED
|
|
4.Technology
|
93.8%
|
16%
|
15%
|
|
3.Trading-Options
|
100.0%
|
26%
|
26%
|
|
2.Competition
|
50.0%
|
30%
|
15%
|
|
1.Reliability
|
20.9%
|
28%
|
6%
|
|
Overall Rating
|
61.9%
|
100%
|
61.9%
|
4XP Analysis Rating
|
RATING FOREX BROKERS |
WEIGHT |
ANALYSIS |
4XP FOREX BROKER RATING |
|
|
TOTAL RATING |
61.9% |
ANALYSIS
|
||
|
1. BROKER RELIABILITY
|
28%
|
6%
|
4XP RELIABILITY ANALYSIS
|
|
|
1.1 Regulation
|
12%
|
CYSEC=3%, CBI=4%, ASIC=4%, BaFIN=5%, FSA (UK)=6%, MiFid=8%
|
1%
|
FSC (BVI)=1,
BritishVirginiaIslands Financial Regulatory Body
|
|
1.2 Headquarters
|
5%
|
General Offshore=0, Cyprus=2%, Ireland, Australia=4%, USA, UK, Switcherland=5%
|
0%
|
4XP offices in BritishVirginiaIslands=0%
(legislation not very strong)
|
|
1.3 Found
|
4%
|
0-2 Years=0, 2-4 Years =1%, 5-7 Years=2%, 7-10 Years=3%, 10+ Years = 4%
|
2%
|
4XP was founded in 2007, that means 5-7 years=2%
|
|
1.4 US Residents
|
2%
|
Yes=2% / No=0
|
0%
|
No US Residents
|
|
1.5 FPA Rating
|
5%
|
Actual Forex Peace Army Rating %
|
2.86%
|
FPA=2.862
|
|
1.6 Google Scam Investigator
|
Not Active Yet
|
Scam Investigator is not yet part of our ratings
|
||
|
2. COMPETITION
|
30%
|
15%
|
4XP COMPETITION ANALYSIS
|
|
|
2.1 Spread on EUR/USD
|
12%
|
<0,5=12%, <0,75=10%, <1=8%, <1,5 = 6%, <2=4%, <3=2%, <4=1%, >4=0
|
2%
|
4XP EUR/USD Spread=3 pips Fixed
(4XP offers also a variable spread)
|
|
2.2 Commissions Charged
|
8%
|
No Commissions=8%, Low Commissions=4%, Medium Commissions=1%
|
4%
|
4XP Trading Commissions $3,5 / $ 100,000
|
|
2.3 Deposit / Withdrawal Commissions
|
2%
|
Yes=0, No=2%
|
2%
|
No
|
|
2.4 Leverage
|
4%
|
400%+=4%, 300%=3%, 200%=2%, 100%=1%, <100%=0
|
3%
|
300%
|
|
2.5 Customer Service
|
4%
|
Live Chat=2%, 24/7=2%, 24/6=1%, 24/5=0, Phone=1%
|
4%
|
Chat, Phone, 24/6
|
|
3. TRADING OPTIONS
|
26%
|
26%
|
4XP TRADING OPTIONS ANALYSIS
|
|
|
3.1 Availbale Assets
|
10%
|
Number of Currencies=8%, Commodities=1%, Srocks & Indices=1%
|
10%
|
Many Currencies=8%, Commodities,
many Stocks, Indices, Bonds=2%
|
|
3.2 Bonus / Rebate
|
8%
|
10% Bonus/ Rebate=2%, 15%=3%, 20%=4%, 25%=5% 30%=6%, 35%=7%, 40%+=8%
|
8%
|
4XP Bonus up to 50%
|
|
3.3 Scalping
|
2%
|
Yes=2% / No=0
|
2%
|
Yes
|
|
3.4 Hedging
|
1%
|
Yes=1% / No=0
|
1%
|
Yes
|
|
3.4 Deposit Methods
|
2.50%
|
For every method 0,5%, max=5
|
2.50%
|
4XP provides 5 methods=2.5%
|
|
3.5 Withdrawal Methods
|
2.50%
|
For every method 0,5%, max=5
|
2.50%
|
4XP provides 5 Methods=2.5%
|
|
4. BROKER TECHNOLOGY
|
16%
|
15%
|
4XP TECHNOLOGY ANALYSIS
|
|
|
4.1 Available Platforms
|
5%
|
Each Platform=1%, max=5
|
5%
|
5 Platforms Available=3% 1) 4XP Web Trader 2) MT4
3) MT5 4) Zulu Trade 5) Binary Options 4XP Platform
|
|
4.2 API Trading
|
1%
|
Yes=1% / No=0
|
0%
|
API is not available at 4XP
|
|
4.3 Expert Advisors
|
2%
|
Yes=2% / No=0
|
2%
|
Yes (Zulu Trade)
|
|
4.4 Mobile Trading
|
2%
|
Each Supported Device=0,5%, max=4
|
2%
|
Android, PDA, iPod and iPhone =2%
|
|
4.5 MT4 / MT5 Availability
|
1%
|
Yes=1% / No=0
|
1%
|
Yes
|
|
4.6 General Innovation
|
5%
|
High Innovation=5%, Medium Innovation=2.5%
|
5.00%
|
High Innovation (offering CFDs, Forex
and Binary Options trading)
|
4XP Forex Broker Rating Analysis
Online Forex (2012)
