Score

2.83 /10
Danger

4XC

United Kingdom

2-5 years

Regulated in Island

Common Business Registration

White label MT4

Suspicious Overrun

Medium potential risk

Offshore Regulated

B

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index1.25

Business Index6.79

Risk Management Index0.00

Software Index8.02

License Index1.25

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

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Company Name

Geomatrix Ltd

Company Abbreviation

4XC

Platform registered country and region

United Kingdom

Company website

X

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  • +44 8000 488 033

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-12-23
  • This broker exceeds the business scope regulated by Island FSC(license number: MC03/2018)Common Business Registration Non-Forex License. Please be aware of the risk!
  • The Island FSC regulation with license number: MC03/2018 is an offshore regulation. Please be aware of the risk!

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Pyramid scheme complaint
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4XC · Company summary
4XCReview Summary
Founded2015
Registered Country/RegionNew Zealand
RegulationFSC (Exceeded
Market InstrumentsForex, Metals, Indices, Oil, Cryptocurrencies, Forward Contracts
Demo Account
LeverageUp to 1:500
SpreadFrom 1.0 pips (Standard account)
Trading PlatformMT4, MT5, Trading View
Min Deposit$50
Customer Support24/5 live chat
Tel: +44 8000 488 033 (UK)
WhatsApp: +44 8000 488 033
Toll-Free: 1800 914 5011 (Colombia)
Email: support@4xc.com, info@4xc.com
Social Media: Facebook, YouTube, Instagram, Twitter, Telegram, Discord, Linkedin
Company Address: 1st Floor, BCI House, Avarua, Rarotonga, Cook Islands
Regional RestrictionsThe USA, Iraq, Iran, Myanmar, North Korea, and Portugal

Founded in 2015, 4XC is a trademark of 4xCube Ltd, registered in the Cook Islands, New Zealand. It's an online trading platform operating without proper regulation. Its tradable products cover Forex, Metals, Indices, Oil, Cryptocurrencies, and Forward Contracts with flexible leverage up to 1:500 and spread from 1.0 pips on the Standard account through the MT4, MT5 and TradingView platform. 4XC offers a demo account and three types of real accounts with a minimum deposit requirement of $50.

4XC's homepage

Pros and Cons

ProsCons
Various tradable assetsExceeded FSC license
Demo accountsWithdrawal fee charged
Three account types
Commission-free accounts
Flexible leverage ratios
MT4 and MT5 offered
Low minimum deposit
Multiple payment options
No deposit fees
24/5 live chat

Is 4XC Legit?

No. 4XC currently has no valid regulations. It only holds an exceeded Common Business Registration license from the Financial Supervisory Commission (FSC).

Regulated CountryRegulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Island
The Financial Supervisory Commission (FSC)Exceeded4XCUBE LIMITEDCommon Business RegistrationMC03/2018
Exceeded FSC license

What Can I Trade on 4XC?

4XC offers a wide selection of tradable products, including forex, metals, index CFDs and oil, cryptocurrencies, and forward contracts.

Trading AssetAvailable
forex
metals
indices
oil
cryptocurrencies
forward contracts
stocks
bonds
options
ETFs

Account Type/Fees

A demo account and three types of live account are available on 4XC.

Account TypePROSTANDARDVIP
Base CurrenciesUSDEURGBP
MinDeposit$100$50$5,000
Max Leverage1:5001:5001:500
SpreadFrom 0.0 pipsFrom 1.0 pipsFrom 0.0 pips
Commission5 USD per round 1.0 Forex lot4 USD per round 1.0 Forex lot
Swap-free Islamic Account✔️
Forward Contracts✔️
Account comparison

Leverage

Asset ClassMax Leverage
Forex 1:500
Metals
Indices1:200
Oil
Cryptocurrencies1:20
Futures Contracts1:200

Trading Platform

4XC offers both MT4 and MT5 as trading platform. Additionally, clients with Christmas Promos can access a free Trading View subscription during Christmas.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop, Mobile, WebBeginners
MT5Desktop, Mobile, WebExperienced traders
Trading ViewDesktop, Mobile, WebBeginner

MT4
MT5
TradingView

Deposit and 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.

Deposit and Withdrawal
Deposit and Withdrawal 2

User Reviews

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User comment

8

Comments

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FX1336827656
3-6months
Im Februar eröffnete ich über einen Bekannten bei MAG Markets ein gemanagtes Konto mit 3500 Euro. MAG Markets migrierte in 4XC. Die höchste Balance in 5 Monaten war knapp 4000 Euro. Letzte Woche wurden aufgrund zu hohem Floating alle Positionen liquidiert. Das Konto ist platt und am Ende ist "der Markt" schuld. Bisher erhielt ich trotz Anfrage bei meinem Bekannten, angeblich Mitinhaber bei MAG Markets, keinen detaillierten Auszug meines Tradingkontos. Auf frühere Anfrage, warum ich nur die Zahlen im Backoffice sehe und keinen Zugang zu meinem Handelskonto via MT4 oder MT5 bekomme, hiess es, dass man die Trades nicht offenlegen wolle. Aus meiner Sicht sehr dubios. Mir wurde zwar zuvor ein niedriger Spread genannt aber Transparenz gab es keine. Mein Fazit: Finger weg!
Im Februar eröffnete ich über einen Bekannten bei MAG Markets ein gemanagtes Konto mit 3500 Euro. MAG Markets migrierte in 4XC. Die höchste Balance in 5 Monaten war knapp 4000 Euro. Letzte Woche wurden aufgrund zu hohem Floating alle Positionen liquidiert. Das Konto ist platt und am Ende ist "der Markt" schuld. Bisher erhielt ich trotz Anfrage bei meinem Bekannten, angeblich Mitinhaber bei MAG Markets, keinen detaillierten Auszug meines Tradingkontos. Auf frühere Anfrage, warum ich nur die Zahlen im Backoffice sehe und keinen Zugang zu meinem Handelskonto via MT4 oder MT5 bekomme, hiess es, dass man die Trades nicht offenlegen wolle. Aus meiner Sicht sehr dubios. Mir wurde zwar zuvor ein niedriger Spread genannt aber Transparenz gab es keine. Mein Fazit: Finger weg!
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2024-07-29 15:05
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Germer
more than one year
4XC, they've really got their market instruments dialed in. Plus, their customer support is top-shelf, always ready to lend a hand. If you're looking for a reliable platform, this is the one!
4XC, they've really got their market instruments dialed in. Plus, their customer support is top-shelf, always ready to lend a hand. If you're looking for a reliable platform, this is the one!
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2024-07-23 17:28
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