Contents
- 1 4XC at a glance
- 2 About 4XC
- 3 Key Benefits
- 4 Regulation And Safety
- 5 4XC Trading Assets
- 6 Online Trading Instruments
- 7 4XC Trading Accounts
- 8 4XC Registration – How To Open A Trading Account
- 9 4XC Registration – How To Verify A Trading Account
- 10 4XC Bonuses
- 11 4XC Payment Methods
- 12 4XC Trading Platforms
- 13 Online Trading Tools
- 14 Education and Research
- 15 4XC Customer Support
- 16 4XC Trading Hours
- 17 Conclusion
- 18 4XC Forex Broker Review – FAQ
4XC at a glance
| 🏛️ Based in | Limassol, Cyprus |
|---|---|
| ⚖️ Regulation | CySEC, FSC |
| 💰 Minimum Deposit | $10 |
| 💳 Deposit Options | VISA, MasterCard, Bank Wire, AdvCash, Neteller, Skrill, GenialBanco, & more. |
| 💳 Withdrawal Options | VISA, MasterCard, Bank Wire, AdvCash, Neteller, Skrill, GenialBanco, & more. |
| 📌Open an account | Start Trading with 4xc |
About 4XC
4XC is an established forex broker with a large, international client base. They offer their services to thousands of forex traders worldwide. They also have a great reputation for offering award-winning online trading services and for offering a secure trading environment.
4XC offers great online trading conditions. They offer access to trade over 200+ trading instruments including forex, commodities, shares, indices, and cryptocurrencies. They also offer a wide range of trading accounts – all of which come with low spreads, low commissions, and fast trade execution. You can also choose from two of the top online trading platforms – MetaTrader4, and MetaTrader5.
When it comes to trading resources, 4XC offers a great selection of tools including trading signals, premium investing tools, market analysis tools, copy trading services, and VPS services. They also offer free learning resources such as articles, video tutorials, and educational courses.
Key Benefits
Regulation And Safety
4XC is licensed forex broker that operates internationally. They are authorized and regulated by the Financial Supervisory Commission in the Cook Islands, with a Money Changing & Remittance License (no 12767/2018). Cook Islands is a territory in free association with New Zealand. It has its own independent regulatory authority that is responsible for supervising regulated financial entities and financial services. This authority has strict oversight measures in place and closely monitors the financial entities that fall under its supervision.
Fund Safety
4XC has good client fund safety policies in place. For example, they keep all client funds in segregated accounts. This means that your funds are kept in a safe place and can never be used for operational purposes. They also have good account protection measures in place. For example, they undergo regular external audits and participate in client fund financial compensation schemes.
4XC: Legit Or Scam?
4XC is a legitimate online broker. They have a good reputation within the industry and have been providing forex trading services for several years. They are registered with a well-known financial authority and abide by all their regulatory requirements. In terms of safety, they have good client fund safety and account security measures in operation. In terms of trading, they provide low deposit trading accounts, as well as a nice range of trading instruments. They provide easy online payment options, as well as fast withdrawal methods. In our opinion, they are a legit forex broker.
4XC Trading Assets
4XC has a great selection of online trading instruments. You can choose from forex, metals, oil, stocks, index CFDs, and cryptocurrencies.
Online Trading Instruments
- Forex: They have a choice of 70+ major, minor, and exotic currency pairs.
- Metals & Oils: 4XC offers trading on commodities such as Brent, WTI, gold and silver.
- Stocks: They give access to 290 stocks including Apple, Amazon, Disney, Facebook, and more.
- Indices: 4XC have all major CFD indices such as the DAX30, FTSE100, and S&P500.
- Crypto: They offer CFD trading on cryptocurrencies such as Bitcoin, Litecoin, and Ethereum.
4XC Trading Accounts
| Type | Spreads | Min. Deposit | Max. Leverage | Commission |
|---|---|---|---|---|
| Standard | From 1.0 pip | $10 | 1:500 | $0 |
| Pro | From 0.0 pip | $100 | 1:500 | $5/lot per side |
| VIP | From 0.0 pip | $10,000 | 1:500 | $5/lot per side |
Standard Accounts
The 4XC Standard Account is a great option for forex traders. It has an average spread of 1.0 pips and there are no commissions. This makes it a very affordable option in terms of trading costs. It also has high leverage of up to 1:500. This makes it a great choice in terms of trading opportunities. The 4XC minimum deposit for this account is only $10 on MT4 and on MT5. The 4XC standard account base currencies are USD, EUR, GBP, BRL.
Pro Accounts
The 4XC Pro Account is a great choice for experienced traders. It comes with great account benefits. For example, it has an average spread of 0.0 pips, and a small commission fee of $5 per lot. This makes it very easy to forecast and manage your trading costs. The 4XC Pro Account also comes with high leverage of up to 1:500. The minimum deposit for this account is $100 on MT4 and on MT5. As with their other accounts, the base currencies are USD, EUR, GBP, BRL.
VIP Accounts
This is their best option for experienced traders. It comes with an average spread of 0.0 pips and a small commission fee of $4 per lot. That makes it one of the most affordable accounts on offer at the brokerage. It also comes with high leverage of up to 1:500. As this account comes with better trading conditions, it also has a higher entry point in terms of the minimum deposit. To qualify for a VIP account, you need to deposit eith $10,000 on MT4 and $10,000 on MT5. As with the account options, the base currencies are USD, EUR, GBP, BRL.
4XC Registration – How To Open A Trading Account
As part of our 4XC broker review, we took a look at their account registration process. To get started, the first thing you need to do is visit their website, complete the online application form, and let them know your preferred login details. The next thing you need to do is take a quick online trading test. This is so that they can see how much you already know about forex trading, and decide whether their online trading services are suitable for you. The final thing you need to do is complete the KYC process, provide copies of your documents, and choose your account type.
4XC Registration – How To Verify A Trading Account
As part of our 4XC broker review, we also took a look at their account verification process. In order to verify your account, you will probably need to provide 4XC with a proof of ID and a proof of address. This is so that they can check your identity and approve your online trading account. They accept lots of different types of documents. For example, you can send copies of your National ID card, Passport or Driving License. You can also send copies of a utility bill or a bank statement registered in your name. After they have approved your trading account, you will be able to add funds and start trading.
4XC Bonuses
4XC is well-known for its generous forex bonuses. Their promotional deals often include welcome bonuses, deposit bonuses, cashback offers, and even trading competitions. Their bonuses change regularly and they often add new promotions to their website.
4XC Payment Methods
As part of our 4XC review, we had a look what payment methods they accept. As the 4XC minimum deposit is quite low, it is usually quite easy to open an account. To make things even simpler, they also accept a wide range of payment option.
4XC Deposits
4XC has a helpful range of deposit methods. You have the option of bank wire, credit card, debit card, cryptocurrency, AdvCash, Neteller, Skrill, GenialBanco, and HokoCloud. You can also add funds to your account using MPesa, FasaPay, WeChat Pay, PerfectMoney, SticPay, Help2Pay, PayOp, DivePay, Pay Retailers, and MultiBanco. 4XC are fairly quick at handling transactions. The exact deposit time varies depending on which deposit method you use. For example, 4XC deposits done via Neteller are instant. However, deposits done via bank transfer take several days. There aren’t any deposit fees.
4XC Withdrawals
4XC has a good choice of withdrawal methods. You can choose from bank wire, credit card, debit card, cryptocurrency, AdvCash, Neteller, Skrill, GenialBanco, and HokoCloud. They are usually quite good when it comes to withdrawals. For example, 4XC withdrawals made via Neteller are instant. However, withdrawal made via bank transfer can take several days. There aren’t any withdrawal fees.
4XC Trading Platforms
4XC has two of the industry’s top online trading platforms – MT4 and MT5. The platforms both come with chart indicators and helpful trading tools.
4XC MetaTrader4 Platform
MetaTrader4 (MT4) is the world’s best platform for new forex traders. It has a very user-friendly interface and comes with many handy, built-in trading tools. You can use it to trade all of the most popular and liquid trading instruments including forex, stocks, and indices. The MT4 trading platform has helpful charting tools, 4 order execution types, 30 technical indicators, and 23 analytical objects. You can use these trading tools to work on your market analysis and create trading strategies.
4XC MetaTrader5 Platform
MetaTrader5 (MT5) is a great platform for more experienced traders. It has an easy-to-use interface and comes with lots of helpful trading tools. You access and trade all of your favourite markets including forex, shares, and crypto. It is very easy to navigate. The MT5 trading platform also has many great features including 6 order execution types, 38 indicators, and 37 analytical objects. As such, it has slightly better tools than MetaTrader4 and offers you more trading options.
Online Trading Tools
4XC offers free trading signals. They also offer free market analysis and free market news.
- Technical Analysis – Their technical analysis is designed to help you with your price forecasts. It helps you to understand market trends and to anticipate future price movements. It covers many popular instruments including forex, metals, shares, and indices.
- Market News – Their market news designed to help you understand market trends. The outlook report provides information about upcoming economic events across many markets. It also helps you find potential trades for forex, metals, and shares.
- Other trading tools – If you’re looking for a little help with your trading, 4XC offer free forex trading signals. They also offer a copy trading service in partnership with HokoCloud. If you’re looking to get faster execution, they also a VPS service.
Education and Research
4XC does its best to support traders in getting a good forex education. They ensure traders have access to the high quality learning resources and can develop the skills they need to navigate the financial markets. That’s why they provide access to three online trading courses – one for beginners, one for intermediates, and one for advanced traders.
4XC also has a good range of free trading resources, online articles, and video tutorials. They offer cover all the important topics including how to open an account, how to set up your trading platform, and how to make your first trade. They also provide basic information about other important topics including fundamental analysis, technical analysis, risk management, and trading psychology.
4XC Customer Support
The customer support team is available 24 hours per day, Monday to Friday. You can reach them by phone, email, and live chat. They offer customer support in several languages including English, Portuguese, Spanish, French, Arabic, Somali, Greek, Romanian, Korean, Russian, and Latvian.
4XC Trading Hours
4XC trading hours are in line with standard trading hours. You can open trades whenever the financial markets are open. Trading hours may vary on public holidays.
Conclusion
4XC is a reliable forex broker offering a safe online trading environment. It has great trading conditions and low-cost account options. It also has excellent educational resources and expert trading support.
Ready to sign up? Register for an online trading account with 4XC here.
4XC Forex Broker Review – FAQ
Yes, 4XC is a good forex broker. They have a good choice of trading accounts, two of which have low minimum deposits. They also have a good range of trading instruments including forex, cryptos, stocks, indices, and metals. When it comes to trading conditions, they offer high leverage, low spreads, and fast trading execution. In our opinion, they are a good broker and a great choice for forex traders.
Yes, 4XC is a legitimate forex broker. They have a strong track record and are well-known for offering a reliable online trading service. They have good accounts, advanced trading platforms, and helpful trading tools. And when it comes to client fund safety, they implement strict security and client fund protection measures. In our opinion, 4XC is a legit forex broker and a good choice for online traders.
Yes, 4XC is a licensed forex broker. They are authorized and regulated by the Financial Supervisory Commission in the Cook Islands, with a Money Changing & Remittance License (no 12767/2018).
4XC is a good online forex broker. They have a nice range of trading accounts. They also have good trading conditions, powerful trading platforms, and useful trading tools. However, if you want to consider other options as well, there are many other great forex brokers out there. We recommend looking at HotForex, FXTM, FXPro, FXPrimus, and Instaforex.