Company profile
4XCReview SummaryFounded2015Registered Country/RegionNew ZealandRegulationFSC (ExceededMarket InstrumentsForex, Metals, Indices, Oil, Cryptocurrencies, Forward ContractsDemo Account✅LeverageUp to 1:500SpreadFrom 1.0 pips (Standard account)Trading PlatformMT4, MT5, Trading ViewMin Deposit$50Customer Support24/5 live chatTel: +44 8000 488 033 (UK)WhatsApp: +44 8000 488 033Toll-Free: 1800 914 5011 (Colombia)Email: support@4xc.com, info@4xc.comSocial Media: Facebook, YouTube, Instagram, Twitter, Telegram, Discord, LinkedinCompany Address: 1st Floor, BCI House, Avarua, Rarotonga, Cook IslandsRegional RestrictionsThe USA, Iraq, Iran, Myanmar, North Korea, and Portugal Founded in 2015, 4XC is a trademark of 4xCube Ltd, registered in the Cook Islands, New Zealand. It's an online trading platform operating without proper regulation. Its tradable products cover Forex, Metals, Indices, Oil, Cryptocurrencies, and Forward Contracts with flexible leverage up to 1:500 and spread from 1.0 pips on the Standard account through the MT4, MT5 and TradingView platform. 4XC offers a demo account and three types of real accounts with a minimum deposit requirement of $50.Pros and ConsProsConsVarious tradable assetsExceeded FSC licenseDemo accountsWithdrawal fee chargedThree account typesCommission-free accountsFlexible leverage ratiosMT4 and MT5 offeredLow minimum depositMultiple payment optionsNo deposit fees24/5 live chatIs 4XC Legit? No. 4XC currently has no valid regulations. It only holds an exceeded Common Business Registration license from the Financial Supervisory Commission (FSC).Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense NumberThe Financial Supervisory Commission (FSC)Exceeded4XCUBE LIMITEDCommon Business RegistrationMC03/2018What Can I Trade on 4XC? 4XC offers a wide selection of tradable products, including forex, metals, index CFDs and oil, cryptocurrencies, and forward contracts.Trading AssetAvailableforex✔metals✔indices✔oil✔cryptocurrencies✔forward contracts✔stocks ❌bonds❌options❌ETFs❌Account Type/Fees A demo account and three types of live account are available on 4XC.Account TypePROSTANDARDVIPBase CurrenciesUSDEURGBPMinDeposit$100$50$5,000Max Leverage1:5001:5001:500SpreadFrom 0.0 pipsFrom 1.0 pipsFrom 0.0 pipsCommission5 USD per round 1.0 Forex lot❌4 USD per round 1.0 Forex lotSwap-free Islamic Account❌✔️❌Forward Contracts❌✔️❌LeverageAsset ClassMax LeverageForex 1:500MetalsIndices1:200OilCryptocurrencies1:20Futures Contracts1:200Trading Platform 4XC offers both MT4 and MT5 as trading platform. Additionally, clients with Christmas Promos can access a free Trading View subscription during Christmas.Trading PlatformSupported Available Devices Suitable for MT4✔Desktop, Mobile, WebBeginnersMT5✔Desktop, Mobile, WebExperienced tradersTrading View✔Desktop, Mobile, WebBeginner Deposit and Withdrawal 4XC accepts deposits and withdrawals via Bank transfers, CAPTEIRAX, VISA, MasterCard, American express, Crypto, Neteller, Skrill, Volet, Pay Retailers, helpay2, fasapay, Sticpay, Globepay, Hoko, and Perfect Money. No fees for most deposits, while withdrawal fees vary on the method. You can find more detailed info in the screenshots below.
FX1336827656
Switzerland
In February I opened a managed account with 3500 euros at MAG Markets through a friend. MAG Markets migrated to 4XC. The highest balance in 5 months was almost 4000 euros. Last week all positions were liquidated due to too much floating. The account is empty and in the end "the market" is to blame. So far I have not received a detailed statement of my trading account despite asking my friend, who is supposedly a co-owner of MAG Markets. When I asked earlier why I only see the numbers in the back office and cannot access my trading account via MT4 or MT5, I was told that they did not want to disclose the trades. Very dubious in my view. I was previously told of a low spread but there was no transparency. My conclusion: keep your hands off!
Exposure
2024-07-29