Editor’s Verdict
Overview
Review
Headquarters | United States |
|---|---|
Year Established | 2003 |
US Persons Accepted? |
On the face of it www.fxprice.com appears to be a site designed by Franco phones. Linguistic hurdles can be quickly surmounted, however, by clicking on the American Flag icon or one associated with the Spanish language found in the upper right hand corner of the landing page. The FXPrice LLC mission statement is very straightforward:
“FXPrice LLC was established by a group of top foreign exchange trading professionals to serve only one purpose: to provide valuable foreign exchange trading information to forex investors.”
FXPrice's Foreign Exchange services are provided in partnership with FX Solutions LLC, a leading market maker in online foreign exchange trading.
One can also use the facilities found on the FXPrice website to open an account and start trading in the forex market. Additionally FXPrice will provide real-time forex quotes, real time forex commentary, forex charts and forex news. Those new to the foreign exchange market can open a demo account at www.fxprice.com. They will need to fill out an email form to get a 60-day, $10,000 demo account for free. As with other similar offers one can experiment with trading in currencies to get a consequence-free feel for how the ups and inevitable downs of the forex market unfold over time.
If one has any experience in this market the next question often relates to the trading platform used by a company like FXPrice. The answer is that FXPrice recommends FX Solutions' proprietary Global Trading System. FXPrice touts this Windows based tool as providing traders “freedom and power”. Links are provided to PDF-based manuals that further describe what the software can do. Other software tools are promised for FXPrice clients in the near future. A link is provided for email support in French or English. A link to live support does not appear to be working yet.
Trading Platform
FAQs
Which broker is better for beginner traders?
LiteFinance presents limited educational value versus FBS, where traders get more in-depth resources. The excellent research also features education, making FSB a better choice for beginner traders.
Is LiteFinance or FBS safer for Forex and CFDs trading?
Both brokers have more than 10+ years of experience, but FBS remains regulated versus the unregulated nature of LiteFinance . While both present a safe trading environment, FBS pulls ahead amid enforceable security measures.
What are the minimum deposits for these brokers?
The minimum deposit at LiteFinance is $50. FBS offers a Cent and Micro account from $1 and $5, respectively. The Standard option requires $100 and $1,000 for the ECN version.
Which trading platform is better: LiteFinance or FBS?
Only the core MT4/MT5 trading platforms are available at LiteFinance and FBS, as neither broker offers necessary third-party upgrades. FBS pulls ahead with its research offering.
