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Saint Vincent and the Grenadines
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Score
Regulatory Index0.00
Business Index6.71
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
PHOENIX 4X LLC
Company Abbreviation
PHOENIX 4X
Platform registered country and region
Saint Vincent and the Grenadines
Company website
Company summary
Pyramid scheme complaint
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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, 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 | Cons |
Offers diverse market instruments | Unregulated |
Provides multiple trading account options | Deposit options only involve cryptocurrencies |
MT4 supported | Limited customer support channels |
It is clear that PHOENIX 4X is currently unregulated.
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 | ❌ |
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.
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