Forex Place (4XP) Review Scores
Forex Place (4XP)
www.4xp.com
Overall Score: 1.6 / 5
Total Votes: 11
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Forex Place (4XP) Discussion
balbino

Member Since Jan 02, 2011  1 posts balbino Jun 08 2011 at 11:53 (edited Jun 08 2011 at 11:55 )
delayed payments, handled the platform, change the keys without permission, poor customer service, no regulation... I think that Broker is a scam.

poohindo

Member Since Jun 25, 2011  4 posts poohindo Aug 17 2011 at 08:33
real scam company they recommend much amount invest with low spread and until now they donot get back my money but email reply with request and formal but until now they get back my money with no reason

FXEagle

Member Since Aug 25, 2011  5 posts FXEagle Apr 11 2013 at 18:30
Real Scam !!

you will never get your money back.
I suggest you to file a claim to its regulator : http://en.crofr.ru/claim.html

Regards.

Trend Is your Friend !
arvydas3070

Member Since Jun 20, 2012  2 posts Arvydas (arvydas3070) Apr 12 2013 at 09:12
It's not a scam company, some problems exist. Their spreads and commissions are excellent though. My exprerience:
- when I started ECN trading with them, I was amazed at the speed of execution and low spreads. Lasted for two weeks.
- they were very forthcoming with a further reduction in costs through lower commission in exchange for a larger VIP account, but I didn't go for it right away.
- anyway, after two weeks, the so-called ECN execution soon deteriorated, execution became between two to five secs on every order became standard, including order modifications. Scalping on 5min TF became a big hassle despite the low spreads.
- they couldn't fix it despite several requests, said this is how ECN market works - it takes time for the broker to fetch the best price from their liquidity providers (lol)...
- decided to withdraw and got my money back within two weeks.
- customer service was excellent, very friendly and responsive (except for the inability to solve what really mattered).

BR

There is always a larger game
forexgraph

Member Since Dec 23, 2012  241 posts forexgraph Apr 26 2013 at 18:24
can't login their website

never expecting $100 become $1000 or $10000, but expecting $100 not become $1
Ottavia

Member Since Jun 24, 2013  1 posts Ottavia Jun 24 2013 at 13:57
Real SCAM company!

They do not respond to emails. On the phone they are elusive, over two months I expect the return of my money. Do not invest with them or lose the money.

geektrader

Member Since Apr 08, 2011  149 posts geektrader Jan 17 2014 at 06:23 (edited Jan 17 2014 at 06:23 )
4XP accounts are frozen since a long time already by their banks as they are bankrupt and had their license for offering Forex trading removed. Have a read over at forexpeacearmy.com

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