4x 2025 Review: Everything You Need to Know
In 2025, the forex broker 4x continues to raise concerns among traders and analysts alike. Primarily known for its unregulated status and questionable practices, 4x has been labeled as a high-risk broker. Despite claims of offering competitive spreads and a range of trading instruments, user experiences often highlight significant issues, including withdrawal difficulties and lack of transparency.
Note: Its essential to recognize that 4x operates through multiple entities across different jurisdictions, which complicates its regulatory standing and overall reliability. This review aims to provide a balanced overview based on various expert insights and user experiences.
Ratings Overview
We rate brokers based on a comprehensive analysis of user reviews and expert evaluations.
Broker Overview
Founded in 2020, 4x is a forex and CFD broker that claims to offer trading across various asset classes, including forex, cryptocurrencies, commodities, and indices. The broker promotes its trading platform as user-friendly, claiming compatibility with MetaTrader 4 (MT4). However, access to MT4 has reportedly been problematic for many users, raising concerns about the platform's reliability.
4x operates under the name Cixx LLC, with its registration purportedly in offshore jurisdictions like the Comoros. Notably, it has been flagged by several regulatory bodies, including the Italian CONSOB, for operating without a valid license, which severely impacts its credibility.
Detailed Review
Regulatory Regions
4x operates in multiple jurisdictions, but it is not regulated by any recognized financial authority. This lack of oversight is a significant red flag for potential investors. The absence of regulation means that there are minimal protections for traders, making it a risky choice.
Deposit/Withdrawal Methods
Traders can deposit and withdraw funds using various methods, including credit cards, wire transfers, and cryptocurrencies. However, the broker imposes high fees on withdrawals, including a 10% charge for credit card withdrawals and a flat fee for wire transfers, which is notably higher than industry standards.
Minimum Deposit
The minimum deposit required to open an account with 4x is €250, which is relatively high compared to many reputable brokers that allow for lower initial investments. This could deter novice traders who are looking to start with smaller amounts.
While 4x advertises bonuses, many reviews indicate that the conditions attached to these bonuses are unrealistic, making it challenging for traders to withdraw their funds once deposited. This practice is common among brokers with poor reputations.
Tradable Asset Classes
4x claims to offer a wide range of trading instruments, including forex pairs, commodities, cryptocurrencies, and indices. However, the actual selection may not be as extensive as advertised, leading to disappointment among traders expecting a diverse trading experience.
Costs (Spreads, Fees, Commissions)
The broker advertises spreads as low as 0.1 pips on major currency pairs, which sounds appealing. However, many experts warn that such low spreads can be a tactic to attract traders without providing a transparent trading environment. Additionally, the high withdrawal fees can significantly eat into profits.
Leverage
4x offers leverage up to 1:400, which is significantly higher than what is permitted by most regulatory bodies in developed markets. This high leverage may attract experienced traders but poses substantial risks, especially for those new to trading.
The broker claims to support MT4; however, many users have reported issues accessing the platform. This inconsistency raises questions about the broker's operational integrity and reliability.
Restricted Regions
4x does not accept clients from several countries, including the USA, Iraq, Iran, and North Korea. This limitation is common among unregulated brokers and should be a consideration for potential clients.
Available Customer Service Languages
4x provides customer support primarily in English, with some references to other languages. However, the quality of customer service has been a point of contention, with some users reporting slow response times and inadequate support.
Repeated Ratings Overview
Detailed Breakdown
-
Account Conditions: The minimum deposit and high withdrawal fees make 4x less appealing for new traders. The lack of transparent information regarding account types is concerning.
Tools and Resources: While 4x claims to offer a robust trading platform, user experiences suggest significant issues with access and functionality.
Customer Service and Support: Reports are mixed, with some users praising quick responses while others complain about inadequate support.
Trading Setup (Experience): Users have reported a frustrating experience with the platform, particularly regarding access to MT4.
Trustworthiness: The lack of regulation and numerous warnings from financial authorities significantly diminish trust in 4x.
User Experience: Mixed reviews highlight both positive experiences and severe frustrations, indicating a lack of consistency in service quality.
In conclusion, while 4x may present itself as a viable option for forex trading, the overwhelming consensus from both user reviews and expert analyses indicates significant risks associated with trading with this broker. The lack of regulation, high fees, and problematic access to trading platforms are critical factors that potential traders should consider before making any commitments. Thus, it may be prudent to explore other, more reputable brokers for a safer trading experience.
