4XCUBE Forex Broker

4xcube Forex Broker - Complete Information Guide

1. Broker Overview

　　4xcube, officially known as 4xcube Ltd, was established in 2018. The company is headquartered in Avarua, Rarotonga, Cook Islands, and operates as a private entity. It primarily serves retail clients, offering a range of trading services in the forex and CFD markets.

　　Since its inception, 4xcube has aimed to provide a robust trading environment characterized by advanced technology, low spreads, and efficient execution. The company claims over 20 years of combined experience in various financial markets, positioning itself as a credible player in the trading industry. The milestone of being registered in the Cook Islands marks an important step in its development, despite the challenges associated with operating from an offshore location.

　　4xcube operates under a Straight-Through Processing (STP) model, which allows for direct market access without dealing desk intervention. This model is particularly appealing to algorithmic traders and those seeking transparency in their trading activities. The broker's business model includes offering services tailored to both individual and institutional clients, although its primary focus remains on retail forex trading.

2. Regulation and Compliance Information

　　4xcube is regulated by the Financial Supervisory Commission (FSC) of the Cook Islands, holding license number MC 03/2018. However, it is important to note that the FSC is not considered a top-tier regulatory authority compared to bodies like the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC).

　　The regulatory framework under which 4xcube operates includes provisions for client fund segregation, ensuring that client funds are kept separate from the company's operational funds. This is a critical aspect of protecting client investments. Additionally, 4xcube is a member of the Financial Commission, which provides an investor compensation fund of up to €20,000 for eligible clients in case of broker insolvency.

　　To comply with international standards, 4xcube implements Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, which require clients to verify their identities and monitor transactions for suspicious activity. Despite these measures, the overall regulatory environment remains less stringent than that of more reputable jurisdictions.

3. Trading Products and Services

　　4xcube offers a diverse range of trading instruments, including over 60 forex currency pairs, which encompass major, minor, and exotic pairs. In addition to forex, the broker provides access to various CFD products, including indices, commodities, and cryptocurrencies. However, it is worth mentioning that trading in individual stocks is not available.

　　The available indices include major stock market indices such as the S&P 500 and the FTSE 100, while commodities include precious metals like gold and silver, as well as energy products. The cryptocurrency offering is limited but includes popular options like Bitcoin and Ethereum.

　　4xcube continuously updates its product offerings to meet the evolving needs of its clients. The broker also provides retail trading services, allowing individual traders to access the markets with minimal capital. For institutional clients, 4xcube offers tailored services, although specific details on such services are less frequently disclosed.

4. Trading Platforms and Technology

　　4xcube supports the widely recognized MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. These platforms are known for their advanced charting tools, automated trading capabilities, and extensive market analysis features. Traders can access these platforms via desktop, web, and mobile applications, enabling flexible trading on the go.

　　The broker operates under an STP model, ensuring that client orders are executed directly in the market without any intermediary interference. This enhances the speed and reliability of trade execution, which is crucial for active traders.

　　Additionally, 4xcube employs a robust technological infrastructure, partnering with reputable IT providers to ensure secure and efficient trading environments. The platforms also support API access for automated trading, allowing traders to implement algorithmic strategies seamlessly.

5. Account Types and Trading Conditions

　　4xcube offers several account types tailored to meet the needs of different traders:

• Standard Account: Requires a minimum deposit of $10, with spreads starting from 0.7 pips and no commissions.
• Pro Account: Requires a minimum deposit of $100, with spreads starting from 0.1 pips and a commission of $3 per lot.
• VIP Account: Requires a minimum deposit of $25,000, offering tighter spreads from 0.2 pips and no commissions, along with a dedicated account manager.

　　All accounts allow for a maximum leverage of 1:400, enabling traders to amplify their exposure to the market. The broker also offers a demo account for practice, allowing prospective clients to familiarize themselves with the trading environment without financial risk.

6. Fund Management

　　4xcube provides a variety of deposit and withdrawal methods to facilitate fund management. Clients can deposit funds using:

• Bank Transfers
• Credit/Debit Cards
• E-wallets (such as Skrill, Neteller, and Perfect Money)
• Cryptocurrencies (including Bitcoin and Ethereum)

　　The minimum deposit requirement varies by account type, starting as low as $10 for the Standard Account. Deposits are typically processed instantly, while withdrawals may take 1-3 business days, depending on the method used.

　　Withdrawal fees apply to certain methods, with a 3% fee for credit card withdrawals and a €5 fee for SEPA transfers. Notably, the broker prohibits third-party deposits or withdrawals, ensuring that all transactions are made directly between the client and the broker.

7. Customer Support and Educational Resources

　　4xcube offers customer support through multiple channels, including:

• Phone Support: Available at +44 203 514 9306
• Email Support: Reachable at support@4xcube.com
• Live Chat: Accessible via the broker's website
• Social Media: Active on platforms like Facebook and Twitter

　　The support team is available 24/5, with limited hours on Saturdays, providing assistance in multiple languages, including English, Spanish, and Portuguese.

　　In terms of educational resources, 4xcube provides various materials, including trading guides, video tutorials, and market analysis reports. However, the educational offerings are considered limited compared to other brokers, which may be a drawback for novice traders seeking comprehensive training.

8. Regional Coverage and Restrictions

　　4xcube primarily serves clients from various regions, with a focus on the Asia-Pacific market. However, it does not accept clients from certain countries, including the United States, North Korea, Iran, and Iraq.

　　The broker's operations are limited to regions where it is legally permitted to provide its services, and it adheres to local regulations where applicable.

　　In conclusion, while 4xcube broker offers a range of trading products and competitive conditions, potential clients should carefully consider the regulatory environment and the associated risks before engaging with the broker.