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4xHub Company
4xhub Company: A Comprehensive Overview
1. Company Overview
Founding Date and Background
4xhub was founded in 2020 with the mission to provide aggregated institutional liquidity to meet the diverse needs of traders. The company aims to leverage advanced technology to offer a seamless trading experience.
Parent Company/Ownership Structure
4xhub is operated by 4xhub Limited, which is incorporated in Labuan, Malaysia. The ownership structure is not extensively detailed in available resources, but the company operates independently under its regulatory framework.
Headquarters Location
The headquarters of 4xhub is located in Labuan, Malaysia. The specific address is Suite No. 17 Skyward Business Centre, Brumby House, 1st Floor, Lot U 0207, U0208 & U0210, Jalan Bahasa, 87000 Federal Territory of Labuan, Malaysia.
Global Business Scope
4xhub operates on a global scale, providing trading services to a diverse clientele that includes institutional and retail traders across various regions. The firm offers a wide range of financial instruments, catering to traders from different backgrounds and trading strategies.
Main Regulatory Bodies
4xhub is regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, under license number MB/20/0055. This regulatory oversight is intended to ensure compliance with local financial laws and to protect client interests.
2. Company History and Development
Key Milestones
Since its inception in 2020, 4xhub has achieved several key milestones, including the establishment of its trading platform and the onboarding of a substantial number of clients within a short period.
Business Expansion Journey
4xhub has expanded its product offerings and trading capabilities to include a variety of financial instruments. The company has focused on enhancing its technological infrastructure to support high-frequency trading and automated trading systems.
Customer Base Growth
The firm has experienced significant growth in its customer base, attracting both retail and institutional traders. Reports suggest that a substantial percentage of trades executed on the platform come from automated trading systems, indicating a strong appeal among algorithmic traders.
Platform Development History
4xhub primarily utilizes the MetaTrader 4 (MT4) platform, known for its user-friendly interface and robust trading features. The platform development has focused on optimizing speed and reliability, ensuring that clients can execute trades with minimal latency.
Important Awards or Recognitions Received
While specific awards or recognitions have not been highlighted in available resources, the firms commitment to providing competitive spreads and advanced trading technology has garnered positive feedback from its user base.
3. Trading Services Offered
Forex Trading Options
4xhub offers access to a broad range of forex trading options, with over 30 currency pairs available for trading. This includes major, minor, and exotic pairs, catering to different trading preferences.
Stock Trading Options
Currently, 4xhub does not explicitly offer direct stock trading options but provides access to CFDs on indices, which allows traders to speculate on the performance of stock market indices.
CFD Trading Products
The company offers a variety of CFD trading products, including contracts for difference on major indices, commodities, and cryptocurrencies. This enables traders to engage in speculation without owning the underlying assets.
Other Financial Instruments
In addition to forex and CFDs, 4xhub provides trading options for cryptocurrencies, including popular digital currencies like Bitcoin and Ethereum. The firm also offers commodities trading, allowing clients to trade precious metals and energy products.
Special Services or Unique Advantages
4xhub positions itself as a trading hub with competitive spreads, up to 1:100 leverage, and a focus on automated trading solutions. The company also provides a VPS service for algorithmic traders, enhancing the trading experience by reducing latency.
4. Regulatory and Legal Background
Detailed Regulatory Information
4xhub is primarily regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. It operates under the regulations set forth by this authority, which oversees the financial services sector in the region.
Legal Entity Structure by Region
The company is incorporated as 4xhub Limited in Labuan, Malaysia. There is limited information on additional regional entities, suggesting that the primary operations are centralized in Malaysia.
Client Fund Protection Measures
4xhub adheres to LFSA regulations regarding the segregation of client funds. Client monies are held in segregated accounts with reputable banks, and the firm performs daily reconciliations to ensure compliance with capital requirements.
Countries/Regions Served
4xhub serves a global clientele, although specific restrictions apply to certain countries, including the United States, Iran, and North Korea. The firm aims to provide services to regions where it is legally permissible to operate.
Compliance History
While 4xhub is regulated, there have been reports of withdrawal issues and allegations of being involved in a Ponzi scheme. These concerns highlight the importance of conducting thorough due diligence before engaging with the broker.
5. Competitive Landscape
3-5 Main Competitors
4xhub faces competition from several notable brokers in the industry, including:
- TD Ameritrade: A well-established brokerage offering a wide range of investment products and robust trading tools.
- Naga: A social trading platform that blends trading with social networking.
- Hirose Financial: A global forex broker known for competitive spreads and diverse trading opportunities.
Positioning in the Industry
4xhub positions itself as a competitive player in the forex and CFD market, focusing on providing institutional liquidity and advanced trading technology. Its emphasis on automated trading solutions further differentiates it from traditional brokers.
Market Differentiation Factors
The key differentiators for 4xhub include:
- Competitive spreads starting from 0.8 pips.
- Availability of a VPS service for automated traders.
- A focus on providing institutional-grade liquidity to retail clients.
In conclusion, 4xhub is a growing forex and CFD broker that offers a range of trading services under the regulatory oversight of the Labuan Financial Services Authority. While it provides several advantages, including competitive trading conditions and a user-friendly platform, potential clients should be aware of the reported issues and conduct thorough research before engaging with the broker. For more information, please visit 4xhub's official website.