4XC

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

Is 4XC Legit?

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.