4XC was established as a forex broker on January 23, 2018, registered in the Cook Islands, providing financial trading services such as forex, metals, index CFDs, oil, cryptocurrencies, and futures contracts to investors. The company is headquartered in Rarotonga. 4XC does not offer its services to jurisdictions where it may violate local laws or regulations, including but not limited to the United States, Iraq, Iran, Myanmar, and North Korea.
Corporate registration information and regulatory status:
According to the information available on its official website, 4XC operates under the entity 4xCube Ltd, with a registered address at Global House, Avarua, Rarotonga, Cook Islands, and a registration number of 12767/2018. The entity is authorized and regulated by the Financial Supervisory Commission (FSC) of the Cook Islands for conducting currency exchange operations, with license number MC03/2018. The broker's website domain was registered on September 20, 2015, according to Whois information.
Verification indicates that 4xCube Ltd can be found on the list of "Regulated Companies in Currency Exchange" on the official website of the Cook Islands Financial Supervisory Commission (FSC).
Account Opening:
To open an account with 4XC, users can visit the broker's official website, click on "Open VIP Account," fill out the account registration form, and submit it. Upon submission, users can log in to their personal dashboard. 4XC will send the trading account and password to the email address provided during registration. To deposit and trade, users must complete the full KYC identity verification.
Account Types:
4XC offers users a demo account and three types of real trading accounts: PRO Account, STANDARD Account, and VIP Account.
PRO Account: Minimum deposit of $100, floating spreads starting from 0.0 pips, maximum leverage of 1:500, minimum trade volume of 0.01 lots, $5 commission per standard lot traded, does not offer Islamic accounts and futures contract trading.
STANDARD Account: Minimum deposit of $50, floating spreads starting from 1.0 pips, maximum leverage of 1:500, minimum trade volume of 0.01 lots, no trading commission, offers Islamic accounts and futures contract trading.
VIP Account: Minimum deposit of $5000, floating spreads starting from 0.0 pips, maximum leverage of 1:500, minimum trade volume of 0.01 lots, $4 commission per standard lot traded, does not offer Islamic accounts and futures contract trading.
Trading Platforms:
4XC claims to provide users with MT4, MT5, and its proprietary trading platform. However, the provided links for downloading MT4 and MT5 platforms are not functional, and the broker is not found on these platforms.
Deposits and Withdrawals:
4XC allows users to deposit and withdraw funds using methods such as bank wire transfers, credit/debit cards, cryptocurrencies, digital wallets, and internal transfers between trading accounts.
Contact Information:
Users can contact 4XC for customer support through phone at +44 8000 488 033 / 1800 914 5011 and email at info@4xc.com / support@4xc.com.
Summary:
Traderknows advises investors that 4XC holds a regulatory license from a small offshore jurisdiction, indicating weaker regulatory oversight. The broker does not provide a proprietary trading platform as claimed. It is recommended that investors choose platforms with transparent registration information, strong regulation, and a good reputation to avoid unnecessary financial losses. Currently, the broker is marked as "Operating Normally" on Traderknows.
