4XP Broker Review

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Expert Summary Andrey Dashin, the owner of the Alpari brand, founded ForexTime Ltd (FXTM) in 2011. The multi-asset ECN broker comes under the regulations of the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Europe and the Financial Services Commission (FSC) in the Republic of Mauritius. The regulators …

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ALERT AFTER HAVING REGULATION REVOKED 4XP IS NO LONGER IN BUSINESS.

The following is from the FMRRC Administration:

We would like to inform you that due to the actions that contravene the Statute and the Center’s Rules and Regulations as well as those that inflict damage to FMRRC, the FMRRC Committee for Standardization and Certification decided to revoke the Certificate of compliance from the Forex Place Ltd brokerage company.

11.10.2013 Forex Place Ltd was divested of the FMRRC Certificate due to poor provision of brokerage services and improper performance of its obligations.

The decision was made by the highest managerial body of the regulating organization – the FMRRC Board.

Best regards,

FMRRC Administration

About the author: Justin Freeman

Justin is an active trader with more than 20-years’ industry experience of working for big banks and hedge funds. He has an inside knowledge of how the financial markets work, thanks to roles including trader on a $750m Event-Arbitrage desk and CRO and COO of hedge funds running a variety of strategies. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. E. Shaw and Millennium Capital Management.

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Safest Forest Brokers 2020

	Broker	Info	Best In	Customer Satisfaction Score
#1	Your capital is at risk Founded: 2011	Global CFD & FX Broker	BEST FOREX BROKER Visit broker	5
#2	CFDs and FX 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 understand how CFDs work and whether you can afford to take the high risk of losing your money. Founded: 2010	Global Forex Broker	Low minimum deposit Visit broker	4.9
#3	Your capital is at risk Founded: 2014	Global Forex & CFD Broker	Best Trading Conditions Visit broker	4.9
#4	Your capital is at risk Founded: 2014	Global Forex Broker	BEST SPREADS Visit broker	4.8
#5	80.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Founded: 2008	Global CFD Broker	Best Trading App Visit broker	5

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