| 4XC Review Summary | |
| Founded | 2018 |
| Registered Region/Country | UK |
| Regulation | FSC (Exceeded) |
| Market Instruments | Forex, Metals, Index CFDs and Oil Cryptos, Forward Contracts |
| Demo Account | ✔ |
| Leverage | Up to 1:500 |
| Minimum Deposit | $50 |
| Spread | From 1.0 pips (Standard account) |
| Trading Platforms | MetaTrader 4, MetaTrader 5 |
| Customer Support | support@4xc.com |
| Live chat | |
| Phone: +44 8000 488 033 (UK) | |
| WhatsApp: +44 8000 488 033 | |
| Toll-Free: 1800 914 5011 (Colombia) | |
| Email: support@4xc.com, info@4xc.com | |
4XC Information
4XC, a trading name of Geomatrix Ltd, is allegedly a forex and CFD broker registered in the United Kingdom with registration no. 12767/2018 and license number MC03/2018. The broker claims to provide its clients with various tradable financial instruments with leverage up to 1:500 and variable spreads from 0.0 pips on the MT4 and MT5 for Windows, iOS, Android, and Webtrader, as well as a choice of three different live account types and 24/5 customer support service.
Pros & Cons
| Pros | Cons |
| Wide range of trading platforms and instruments | Lack of stringent regulations and concerns about financial crimes and money laundering |
| Variety of account types to cater to different trading needs | Varying spreads and commissions depending on the account type |
| High maximum leverage of 1:500 | Commission fees for high-volume traders in the Pro and VIP accounts |
| Comprehensive deposit and withdrawal methods | |
| Advanced trading tools and educational resources | |
| 24/5 customer support |
Is 4XC Legit?
| Regulated Country | Regulated Entity | License Type | License Number |
| Island | The Financial Supervisory Commission | Common Bussiness Registration | MC03/2018 |
Market Instruments
4XC advertises that it offers access to a wide range of trading instruments in financial markets, including Forex, Metals, Index CFDs and Oil Cryptos, and Forward Contracts.
Account Types
4XC claims to offer three types of trading accounts, namely Standard, Pro, and VIP. The minimum initial deposit amount is $50 for MT4 and $50 for MT5 on the Standard account, while the other two account types have much higher minimum initial capital requirements of $100, and $10,000 for MT4 and MT5 respectively.
Standard Account:
Pro Account:
VIP Account:
Leverage
The leverage provided by 4XC is capped at 1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favor and against you.
Spreads & Commissions
4XC claims that different account types can enjoy quite different spreads and commissions. Specifically, clients on the Standard account can experience floating spreads from 0.8 pips, the VIP account holders have floating spreads from 0.6 pips, while the Pro account members can enjoy floating spreads from 0.2 pips but have to pay a $2/lot commission per side.
Standard Account: offers a floating spread starting from 1.0 pips. There are no commission fees for this account type.
Pro Account: offers a lower minimum floating spread starting from 0.0 pips and charges a commission of $5 per round for a 1.0 Forex lot.
VIP Account: offers minimum floating starting from 0.0 pips. However, the commission is slightly lower at $4 per round for a 1.0 Forex lot.
Trading Platform
4XC offers two popular trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both available on desktop, Android, Web, and iOS.
Deposit & 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.
FAQs
Is 4XC good for beginners?
Yes. $50 minimum deposit requirement is beginner-friendly.
Does 4XC offer demo accounts?
Yes.
At 4XC, are there any regional restrictions for traders?
Yes. 4xCube Ltd does not offer its services to residents of certain jurisdictions such as the USA, Iraq, Iran, Myanmar, North Korea, and Portugal.
