Score
PHOENIX 4X
Saint Vincent and the Grenadines|2-5 years| https://www.phoenix4x.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskAccount Information
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Website
phoenix4x.com
Server Location
United States
Website Domain Name
phoenix4x.com
Server IP
162.214.146.24
Company Summary
| PHOENIX 4XReview Summary | |
| Founded | 2020 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | No regulation |
| Market Instruments | Forex, Precious Metals CFDs, Stocks CFDs, Indices |
| Leverage | Up to 1:100 |
| Spreads | Starting from 0.08 pips |
| Trading Platform | MT4 |
| Min Deposit | $10 |
| Payment Methods | Cryptocurrencies (Tether Bitcoin, Ethereum, USDT) |
| Customer Support | Email: support@phoenix4x.com |
| Physical Address: Suite 305,Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent, and the Grenadines. | |
PHOENIX 4X Information
PHOENIX 4X, founded in 2020, is an ECN broker registered in Saint Vincent and the Grenadines. The trading instruments it provides cover Forex, Precious Metals CFDs, Stocks CFDs, Indices.
Pros and Cons
| Pros | Cons |
| Offers diverse market instruments | Unregulated |
| Provides multiple trading account options | Deposit options only involve cryptocurrencies |
| MT4 supported | Limited customer support channels |
Is PHOENIX 4X Legit?
It is clear that PHOENIX 4X is currently unregulated.
What Can I Trade on PHOENIX 4X?
PHOENIX 4X offers traders the opportunity to trade more than 55 types of forex currency pairs, more than 5 types of precious metals CFDs , more than 50 types of stocks CFDs, indices.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Metals CFDS | ✔ |
| Stocks CFDS | ✔ |
| Indices | ✔ |
| Bonds | ❌ |
| Derivatives | ❌ |
| Futures | ❌ |
| Options | ❌ |
Deposit and Withdrawal
PHOENIX 4X offers one deposit and withdrawal method - Cryptocurrencies (Tether Bitcoin, Ethereum, USDT (OMNI), and USDT (ERC20)). It is worth noting that traditional fiat currencies are not mentioned as accepted deposit methods.
The minimum initial deposit requirement is reportedly set at $10, which provides a relatively low entry threshold for potential clients.
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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