4XC
Pros and Cons
Pros
- Regulated by the Financial Supervisory Commission (FSC)
- Diverse trading instruments including forex, commodities, and cryptocurrencies
- Supported platforms: MetaTrader 4 and MetaTrader 5
- 24/5 customer support available in multiple languages
- Robust educational resources including tutorials and webinars
Cons
- Limited regulation from a tier-3 authority
- Withdrawal fees apply for most account types
- Limited deposit and withdrawal options
- No 24/7 customer support
- Lack of proprietary trading platform
Basic Information
User Reviews
4XC Overview
4XC, also known as 4xCube Ltd, operates as a broker with a strong commitment to serving the trading community. Established for a period of 5-10 years and registered in the Island region, 4XC positions itself as a reliable option for traders seeking a transparent and customer-focused trading environment. As a regulated entity, it adheres to the standards set by the Financial Supervisory Commission, which further enhances its credibility in the financial services sector.
The broker offers a diverse range of trading instruments, including forex, commodities, and cryptocurrencies, catering to various trading strategies. Users can access renowned trading platforms such as MetaTrader 4 and MetaTrader 5, which feature advanced tools and charting options for an optimized trading experience. With robust customer support available 24/5 and a commitment to innovation, 4XC aims to empower traders by providing them with the necessary resources and tools to succeed in the competitive forex market.
Is 4XC Safe? Regulation Analysis
Regulatory Information
| Regulatory Authority | Country/Region | Fund Protection Measures |
|---|---|---|
| Financial Supervisory Commission (FSC) | Cook Islands | Segregated Funds |
Is 4XC Regulated and How Are Client Funds Protected?
4XC, operating under the name 4xCube Ltd, is regulated by the Financial Supervisory Commission (FSC) in the Cook Islands. This regulatory status provides a degree of oversight and accountability to its operations. Client funds are protected through a robust segregation policy, whereby funds are kept separate from the company’s operational funds. This measure ensures that client funds are not utilized for any operational expenses, thus enhancing the safety of traders’ investments. Additionally, 4XC is committed to maintaining industry-leading security measures, including regular audits by McMillan Woods, a reputable auditing firm. These practices collectively contribute to a safe trading environment, fostering trust among clients and ensuring compliance with regulatory standards.
Trading Products and Services
What trading instruments does 4XC offer?
| Asset Category | Available Products | Total Count (if available) |
|---|---|---|
| Forex | Major Pairs / Examples | Many |
| Commodities | Gold, Oil | Varies |
| Indices | S&P 500, NASDAQ | Varies |
| Stocks | US, UK | Varies |
| Cryptocurrencies | BTC, ETH | Varies |
4XC provides a diverse range of trading instruments that cater to various trading strategies and preferences. With options in Forex, commodities, indices, stocks, and cryptocurrencies, traders can find a suitable product that meets their investment goals. This variety not only supports beginners in exploring different markets but also provides seasoned professionals with opportunities to diversify their portfolios effectively. The ability to trade across multiple asset categories enhances flexibility, allowing traders to adapt their strategies based on market conditions and personal preferences, ultimately empowering them to achieve their financial objectives.
Account Types and Trading Conditions
What Account Types and Fees Does 4XC Offer?
| Account Type | Target User Group | Key Characteristics | Applicability Notes |
|---|---|---|---|
| Pro Account | Experienced traders seeking a professional advantage | Low spreads starting from 0.0 pips, high leverage up to 1:500 | Minimum deposit of $100, suitable for active traders |
| Standard Account | New traders | Spreads starting from 1.0 pips, no trade commission | Minimum deposit of $50, ideal for beginners |
| VIP Account | High-net-worth individuals | Exclusive benefits, spreads from 0.0 pips | Minimum deposit of $10,000, tailored for serious investors |
| Forward Contracts Account | Traders focused on Brazilian assets | Swap-free trading environment | Available only on MetaTrader 5 |
Account Opening Process
To open an account with 4XC, prospective clients must complete several steps. Initially, they need to submit personal information, which includes their identity and financial details. This is followed by providing employment information to establish the client’s trading profile. Identity verification is crucial and requires submission of an identification document along with proof of address. Once the account is set up, users have the flexibility to upgrade to a professional account if their trading needs change over time.
Trading Fees
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | 0.8 | $5.00 per round lot | Competitive spreads for major currency pairs |
| Forex (Minor Pairs) | 1.0 | $5.00 per round lot | Accessible for diverse trading strategies |
| CFDs (Stocks) | Varies | Commission varies | Dependent on specific stock selected |
| CFDs (Indices) | Varies | Commission varies | Includes major indices like S&P 500 |
| Commodities (Gold, Oil) | Varies | Commission varies | Market fluctuations may affect costs |
| Cryptocurrencies (BTC, ETH) | 1.0% | 0.1% | Variable depending on market conditions |
Other Fees
Clients should be aware of additional fees that may apply. These include deposit and withdrawal fees, which can vary based on the payment method chosen. An inactivity fee may be applicable if the account is dormant for an extended period. Platform usage fees are not specified, but users should confirm if any apply. Overnight interest, commonly referred to as swap rates, may also affect trades held overnight. Finally, currency conversion fees may be incurred when trading different currency pairs.
Trading Platforms and Apps
What Trading Platforms and Apps Does 4XC Offer for Traders?
| Platform | Device Support | Key Features | Additional Services |
|---|---|---|---|
| MetaTrader 4 (MT4) | Windows, macOS, iOS, Android | Login security (2FA), market search, multiple order types, technical indicators | Demo accounts, VPS |
| MetaTrader 5 (MT5) | Windows, macOS, iOS, Android | Login security (2FA), market search, advanced order types, economic calendar | Demo accounts, VPS, API interfaces |
| Web Version | Any device with internet access | Login security (encryption), market search, one-click trading | Demo accounts |
| Mobile App | iOS, Android | Login security (biometrics), price alerts, push notifications | Demo accounts |
The trading platforms offered by 4XC provide various advantages tailored to different trading styles. MT4 is widely recognized for its user-friendly interface and robust support for expert advisors, making it suitable for both beginners and experienced traders. MT5 enhances functionality with additional asset classes and advanced analytical tools, catering to those who require more complex trading capabilities. The web version allows for seamless access from any device, ensuring traders can stay connected without needing specific software installations. The mobile app empowers traders with the flexibility to manage their accounts and execute trades on the go, supported by secure logins and real-time alerts.
Deposit and Withdrawal
Deposit and Withdrawal Options
| Payment Method | Processing Time | Fees | Limits | Base Currency Options |
|---|---|---|---|---|
| Bank Transfer | 3–5 days | No platform fee | Min $50, Max $10,000/day | USD, EUR |
| Credit/Debit Card | Instant | No platform fee | Min $50, Max $20,000/day | USD, EUR |
| e-Wallet (e.g., Skrill, Neteller) | Instant | 1.5% charge | Min $50, Max $15,000/day | USD, EUR |
Minimum Deposit
4XC requires a minimum deposit of $50 for the Standard Account and $100 for the Pro Account. The requirement remains the same across various payment methods and regions.
How to Withdraw
To withdraw funds from your 4XC account, follow these steps: 1. Log into your trading account. 2. Navigate to the ‘Withdrawal’ section. 3. Select your preferred payment method. 4. Enter the withdrawal amount and confirm. 5. Submit your withdrawal request and wait for processing.
Customer Support
4XC Customer Support Overview
Support Channels
4XC offers multiple contact methods to ensure traders receive timely help. These include:
- Email: Traders can reach out to the support team via support@4xc.com.
- Live Chat: Instant support is available through the live chat feature on the website.
- Telephone: Support can be contacted at +44 8000 488 033 or toll-free at 1800 914 5011.
- Social Media: 4XC maintains a presence on various social media platforms, allowing users to connect and ask questions.
Service Availability
Customer support operates 24/5, ensuring assistance is available during the trading week. Multilingual support is provided in English, French, Portuguese, and Spanish, catering to a diverse range of traders.
Additional Resources
In addition to customer support, 4XC provides educational resources designed to enhance traders’ knowledge and skills. These include video tutorials, webinars, market analysis, and trading signals, which can be invaluable for both new and experienced traders seeking to improve their trading performance.
Frequently Asked Questions
Yes, 4XC, operating as 4xCube Ltd, is regulated by the Financial Supervisory Commission (FSC) in the Cook Islands. Client funds are protected through a segregation policy, ensuring that client funds are kept separate from the company’s operational funds, thus enhancing the safety of traders’ investments.
4XC offers a diverse range of trading instruments, including forex (major and minor pairs), commodities (such as gold and oil), indices (like S&P 500 and NASDAQ), stocks (US and UK), and cryptocurrencies (including BTC and ETH), catering to various trading strategies.
4XC offers several account types: Pro Account (low spreads, high leverage, minimum deposit of $100), Standard Account (spreads starting from 1.0 pips, no trade commission, minimum deposit of $50), and VIP Account (exclusive benefits, spreads from 0.0 pips, minimum deposit of $10,000). Each account is designed to cater to different trading needs.
4XC provides multiple support channels, including email at support@4xc.com, live chat on their website, and phone support at +44 8000 488 033 or toll-free at 1800 914 5011. Customer support operates 24/5 and offers multilingual assistance.
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Risk Disclosure
Trading forex/CFDs via brokers carries high risks, including potential total loss. For any data changes, please refer to the latest information on the brokers' official websites. Trade with caution and seek independent advice.