Search

For more information about 4XCUBE Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

4XCUBE Company

  

4xcube Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  4xcube, also known as 4XC, was founded in 2018. It was established to provide a modern trading platform that integrates cutting-edge technology with a focus on customer service. The company aims to cater to both novice and experienced traders by offering a variety of financial instruments and trading tools.

  

Parent Company/Ownership Structure

  4xcube operates under the ownership of Geomatrix Limited, a company based in the Cook Islands. This structure allows 4xcube to maintain a level of independence while providing a diverse range of trading services.

  

Headquarters Location

  The headquarters of 4xcube is located in Global House, Avarua, Rarotonga, Cook Islands. This location is significant as the Cook Islands is known for its offshore financial services, although it lacks the strict regulatory framework found in more established financial centers.

  

Global Business Scope

  4xcube serves clients globally but does not accept customers from certain jurisdictions, including the United States, North Korea, Iran, Iraq, and Myanmar. The broker aims to provide a comprehensive trading experience to clients from various regions, focusing particularly on Asia and Latin America.

  

Main Regulatory Bodies

  4xcube is regulated by the Financial Supervisory Commission (FSC) in the Cook Islands. While the FSC provides a regulatory framework, it is important to note that it is not regarded as a leading authority compared to organizations like the Australian Securities and Investments Commission (ASIC) or the Financial Conduct Authority (FCA) in the UK.

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2018, 4xcube has achieved several key milestones, including the launch of its trading platforms and the introduction of various financial instruments. The broker has steadily built its reputation within the online trading community.

  

Business Expansion Journey

  4xcube has expanded its services to include a wide range of financial instruments, including forex, CFDs, and cryptocurrencies. This expansion has been accompanied by the development of advanced trading tools and resources aimed at enhancing the trading experience for its users.

  

Customer Base Growth

  The customer base of 4xcube has grown significantly since its launch, attracting traders from diverse backgrounds. The broker's competitive trading conditions and user-friendly platforms have contributed to this growth.

  

Platform Development History

  4xcube offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, which are widely recognized in the trading community for their advanced features and user-friendly interfaces. The continuous updates and enhancements to these platforms have kept them relevant and appealing to traders.

  

Important Awards or Recognitions Received

  While 4xcube has not received numerous prestigious awards, it has garnered recognition for its customer support and trading conditions within specific regions, particularly in Latin America.

  

3. Trading Services Offered

  

Forex Trading Options

  4xcube offers a selection of over 50 currency pairs, including major, minor, and exotic pairs. This variety allows traders to engage in forex trading based on their strategies and market preferences.

  

Stock Trading Options

  Currently, 4xcube does not provide direct access to stock trading. However, it offers CFDs on indices, which can be an alternative for traders looking to speculate on stock market movements.

  

CFD Trading Products

  The broker provides a range of CFD products, including commodities, indices, and cryptocurrencies. This allows traders to diversify their portfolios and take advantage of different market conditions.

  

Other Financial Instruments

  In addition to forex and CFDs, 4xcube offers trading in cryptocurrencies and commodities such as gold and silver. This diverse range of instruments enhances the trading opportunities available to clients.

  

Special Services or Unique Advantages

  4xcube offers several unique advantages, including:

  • Commission-Free Trading: Many accounts are commission-free, with competitive spreads starting from 0.1 pips.
  • High Leverage: The broker offers leverage of up to 1:500, allowing traders to maximize their potential returns.
  • Automated Trading Options: Through PAMM accounts and copy trading features, traders can replicate successful strategies and manage their investments more effectively.

  

  

Detailed Regulatory Information

  4xcube is regulated by the Financial Supervisory Commission (FSC) in the Cook Islands. While the FSC provides oversight, it is essential to note that the regulatory environment in the Cook Islands is not as stringent as in other jurisdictions.

  

  4xcube operates under Geomatrix Limited, which is registered in the Cook Islands. This structure allows the broker to provide its services internationally, although it must comply with local regulations in the regions it serves.

  

Client Fund Protection Measures

  4xcube implements several measures to protect client funds, including:

  • Segregated Accounts: Client funds are kept in separate accounts from the company's operational funds, reducing the risk of misuse.
  • Compensation Fund Membership: As a member of the Financial Commission, 4xcube provides clients with access to a compensation fund of up to €20,000 per complaint.

  

Countries/Regions Served

  4xcube primarily serves clients in Asia, Latin America, and Europe, while excluding residents from specific countries such as the USA and North Korea.

  

Compliance History

  4xcube has undergone regular internal and external audits to ensure compliance with regulatory standards. However, its offshore status raises concerns about the robustness of its regulatory framework.

  

5. Competitive Landscape

  

3-5 Main Competitors

  4xcube faces competition from several well-established brokers, including:

  • AvaTrade: Known for its comprehensive educational resources and multi-platform trading options.
  • IC Markets: Recognized for its low-cost trading environment and extensive range of instruments.
  • Fusion Markets: Offers competitive pricing and a user-friendly platform for retail traders.

  

Positioning in the Industry

  4xcube positions itself as a competitive broker for forex and CFD trading, focusing on providing low spreads and high leverage. However, its lack of strong regulatory backing may limit its appeal to risk-averse traders.

  

Market Differentiation Factors

  4xcube differentiates itself through:

  • Flexible Account Options: With low minimum deposits and various account types, it caters to a wide range of traders.
  • Automated Trading Features: The availability of PAMM accounts and copy trading options appeals to both novice and experienced traders.
  • User-Friendly Platforms: The integration of MT4 and MT5 enhances the trading experience with advanced tools and features.

  In conclusion, while 4xcube offers a range of trading services and competitive conditions, potential clients should carefully consider the regulatory environment and associated risks before engaging with the broker. For more detailed information, visit 4xcube's official website.

  Back to top

4XCUBE Similar Companies Brokers

Explore broker companies: forex/fx trading, investment, and global limited. Check company details.