Precision4x Spreads, leverage, minimum deposit Revealed

　　Note: Precision4x's official website https://precision-4x.com/ is currently inaccessible normally.

　　Precision4x was registered in 2023. It uses MT4 as its trading platform, and offers trading services on cryptos, stocks, commodities, forex, and so on. The leverage can be up to 1:500. Nevertheless, it is not strictly regulated, so potential risks cannot be ignored.

Pros and Cons

Is Precision4x Legit?

　　Precision4x's license was revoked, and its current status shows that client transferring is prohibited.

	Australia Securities & Investment Commission (ASIC)
Regulatory Status	Revoked
Regulated by	Australia
Licensed Institution	PRECISION 4X PTY LTD
Licensed Type	Appointed Representative (AR)
Licensed Number	001283966

What Can I Trade on Precision4x?

　　On Precision4x, customers can trade Cryptocurrencies, Stocks/Equities, Indices, Commodities, and Forex/Currencies.

Account Type/Fees

　　Precision4x offers 3 types of accounts: Standard, VIP, and ECN.

Leverage

　　For forex and metals trading, the leverage is capped at 1:500;

　　While for indices, commodities and cryptocurrencies trading, the leverage is up to 1:100.

　　Generally speaking, when the leverage is high, potential risks may also be high. Therefore, careful considerations are needed.

Trading Platform

　　Precision4x uses MT4 as its trading platform.

Deposit and Withdrawal