InvestTechFX — Canadian MT4 Forex Broker

InvestTechFX is another MetaTrader Forex broker that was added to the list on my site today. It’s a new on-line retail broker, operating since 2008 2006, though they say that their off-line services in the Forex market were active since 2004. This broker offers MetaTrader 4 trading platform, CFD and index trading, very low spreads (1 pip on all majors) and also a very flexible leverage — from 1:1 to 1:500. The payment methods accepted by InvestTechFX are quite limited — wire transfer, credit cards and PayPal. Trading can be started with $100 and micro-lots are supported. Like with many other new MT4 broker that I find over the Internet, InvestTechFX can’t boast a good-looking website. More than that, its site looks like a complete rubbish, in my opinion. I wonder why some serious Forex companies overlook the possibility of hiring some professional design studio to create a site that wouldn’t be disgusting. I am quite sure many visitors forget about opening a real trading account with a Forex broker after seeing their unprofessionally made websites.

FXTSwiss — New Swiss/Austrian Forex Broker

FXTSwiss is a new Forex trading broker that started to offer its services on-line this year. It’s a Swiss broker with the company’s headquarters based in Austria. FXTSwiss isn’t regulated by any financial authority. It offers MetaTrader 4 platform with the really low spreads (1 pip on major currency pairs). The trading accounts are Muslim-friendly because they are swap-free. The Forex brokers also offers free trading recommendations to its customers. As with many other new MT4 brokers that are pop up here and there, their website looks awkward and unprofessional. There are only two ways to transfer funds to/from your trading account — wire transfer and credit card, while the minimum account size is quite large — $2,000.

Prime4x — Forex Broker with MT4 and CFD Trading

Prime4x is a new Forex broker that started offering its services on-line in 2008 and its description was added to my site today. Prime4x offers MetaTrader 4 platform, CFD instruments to trade on, deposits via wire transfer and credit cards only and various bonuses. The minimum account size is $100 and all traders receive 10% bonus on their deposit. There is also a free promotional bonus $500 available on every new account, which can’t be withdrawn, but the profit earned from trading this bonus can be. Prime4x is based in Cyprus and although they are not currently regulated by any authority there, they claim to get the regulation by the Cyprus Securities Exchange Commission from the beginning of 2009. Trading is leveraged by 1:500 for mini accounts, 1:400 for standard accounts and 1:100 for institutional accounts. Apart from the retail Forex trading Prime4x offers managed accounts service.

The only problem with this Forex broker is their website. It’s completely unprofessional, features examples of some really awkward spelling and punctuation and also tries to resize the browser window with each page load.