Nano4x is actually a discount Forex broker and can help you in more ways than one: it can help you learn about the trading market, become a partner; therefore, he will become his own boss, earn money and more. He can even test it out with the practice account he can open, just so he can get a feel for how things are going.

The practice account allows the user to set any leverage for their account, as long as it is between 1:1 and 1:500. The account can be set up with any deposit and benefits from live quotes. This trial account can be used for free, but only for 24 hours.

If you liked the “test drive” or if you’re pretty good at it, you can sign up to become a partner. Members benefit from various rewards that are instantly added to their accounts and can be withdrawn at any time from the account.

If you really don’t want to become a partner, you can simply open a live account to start trading and experience the next step for retail Forex trading. This account allows leverage of 1:500, but the minimum lot has to be 0.01. You have a lot of freedom in using this type of account, as you are not limited in placing limits, stop orders, using strategies, and on top of that you also benefit from tight spreads and no commissions. When you open this type of account, you can choose between a standard, standard EUR or a micro account. Your leverage can be between 1:1 and up to 1:1000.

When opening any type of account, you will be asked for various personal information, in addition to having to accept the agreement. In addition to the required fields and common items, each account type may request some additional details that are optional or required. The accounts have no commission on deposits and generally credit you for the amount of money you deposit. You even have several options to deposit money: through moneybookers, Visa, MasterCard, WebMoney and Liberty Reserve. However, you have to read carefully when choosing the desired deposit option, as Visa and MasterCard have a 5% commission and when you deposit or withdraw money, you must use the same currency. Also, you can only make a transaction for yourself and no one else.

As one accesses the main page of the site, they will see live quotes and actions, for 18 different currency converters. The ones that go up will be marked with a green arrow pointing up while the others will show a black arrow pointing down. One can see more black arrows than green ones, in most cases. The home page also keeps you up to date with various news items and lets you know when the next news update will happen, with a real-time countdown timer.

Just like any other site or platform that deals with money, even this one has its good and bad points. Most of the good points have been mentioned. Negative points would include the fact that while commissions are said to not be paid when you deposit money, they actually are, depending on the method used. Also, while you can feel confident that your funds are safe where they are supposed to be, it seems like a hassle to withdraw money as each method has its own regulations and most of the time you have to reveal your identity. this is still a security measure.