Broker Name: 1pipfix
Situated in: Saint Kitts and Nevis
Founded in: 2009
Regulated by: Nevis Financial Services, C39195
Payment Option: EgoPay, Perfect Money, Wire transfer, Liqpay, Credit Cards, Debit Cards
Minimum Account Size: 100 USD
Minimum Trade Size: 0.01 lots
1pipfix broker is a Nevis based foreign exchange broker founded in 2009. Its offices are situated in Saint Kitts and Nevis. Any forex broker wants forex trade with a fixed spread can choose 1pipfix broker as their trading place. 1pipfix offers fixed spread to its clients. Its default leverage is 1 : 400.
1pipfix has three types of account system for their customers. These three types of account are Mini Starter, Pro Fixed and ECN. Any forex trader can go for any of these three on the basis of their level of investment and needs. With Mini Starter account and Pro Fixed account a trader can trade forex in 30 pairs of currencies. And with ECN account a forex trader can trade in 60 pairs of account through using Meta Trader 4 platform. Forex trader can get customer support in English. And also their website is available in English so it’s convenient for traders interested in forex trading across the globe.
1pipfix gives emphasis on the client service more than anything else. While doing 1pipfix review it is noticed that one of the great advantage of doing forex trading with 1pipfix is that it allows its customer to do trading even with their Android supported handsets. It gives customer support service on a 24/5 basis. 1pipfix’s customer service is available in e-mail, live chat and in web form. Any forex trader can execute the forex transaction instantly with 1pipfix broker. Their Trading server time zone is GMT based. Which is good for international traders.
Demo account is a good initiative of 1pipfix broker. Any person interested in learning the techniques of minimizing loss and doing forex trading by deeply knowing it first can open demo account and do trading with virtual money. It is a great way of learning forex trading for the new and inexperienced trader.
Though 1pipfix has many advantages to do trading with them, but it has some drawbacks that should be taken seriously on account while deciding to involve in forex trading with 1pipfix broker. One of the considerable drawbacks of 1pipfix is that it requires minimum initial deposit of 100 USD to begin with which are pretty high amount and a obstacle for the new forex trader. For other two types of account, it is even higher. Another drawback of 1pipfix is that if the server is down the forex trader can face a loss because of that. But this occurs only occasionally. Its support is available in English. So, the trader who is not comfortable to do forex trading in English would struggle in doing forex trading with 1pifix.
Apart from the fact that 1pipfix broker has some drawbacks; their customer support service is exceptionally good. So, the potential forex trader who wants to get a good customer service can go for 1pipfix for their forex trading place.