Loyal Forex Review [year]

Editor’s Verdict

Overview

Review

Loyal Forex-says that it was started by a group of private Forex traders who were seeking an honest way to trade in a world of dishonest firms that were offering Forex trading services of one kind or another to their clients. Loyal Forex wants its name to stand for the company's stated loyalty to its customers and it is intent on building customer loyalty to Loyal Forex itself.
That is just about all the information available on the Loyal Forex web site about this company. Further contact with Loyal Forex seems possible only through an e-mail link. Deposits will soon be accepted by credit card or wire. Applications can be actioned through a fax submittal as well as a web-based sign up.
The Loyal Forex web site indicates a partnership connection to a company called Prime4x. That company is regulated under the Financial Services Commission (FSC).
Loyal Forex, like many of its competitors, offers the MetaTrader 4 platform for use by its clients. It describes MetaTrader 4 as the standard for charting in the Forex world and it is probably right in that assertion. Trading conditions made available to Loyal Forex clients using this platform include:
• Fixed 2 pip spread in EUR/USD
• Fixed 2.00 pip spread on Majors
• Fixed 1 pip majors on Pro Accounts 50k & above
• Narrow spreads across all currency pairs, as well as gold and silver
• No additional transaction fees
• No additional ticket fees or commissions
• No margin calls
• No slippage
A demo account option is also available that involves taking MetaTrader 4 for a test run.
Loyal Forex also offers Affiliate and IB programs for professional traders.
Educational efforts offered for Loyal Forex clients are minimal at best with only a few Forex related terms defined under a tab entitled Forex Learning. According to the web site Forex classes are coming soon.

Trading Platform

By DailyForex.com Team

The DFX Team at DailyForex is a group of veteran financial analysts, traders, and brokerage industry experts dedicated to producing in-depth broker reviews and cutting-edge market insights, plus analysis of market trends. Holding over 16 years of experience in global financial markets, and 4 B.A. level academic qualifications in relevant degrees, we conduct thorough, unbiased evaluations of brokers to enable traders make informed decisions, using the most advanced methodology in the industry. Also, the DFX team is involved in generating technical analysis, signals, and trading strategies, with a consistent commitment to accuracy and transparency. Whether you’re a beginner or a professional trader, the DFX Team works to ensure you have the tools and insights you need to succeed as a trader in the retail CFD industry.