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4XC Forex Broker Review 2023

About 4XC

4XC is a Forex broker that was founded in 2015. The company is based in the Cook Islands and regulated by FSC, one of the most popular regulators. 4XC offers a wide range of assets, including forex, commodities, indices, precious metals, and Bitcoin.

It has basic and advanced trading tools to help traders make the most of their trading experience. The platform also supports multiple languages (English, Spanish, Arabic, Romanian, Portuguese) that can be used to communicate with other users.

The broker provides access to more than 100 currencies, including AUD/USD pair, EUR/USD pair, GBP/USD pair, and JPY/USD pair. The platform also supports forward contracts for commodities such as oil, gold, and silver.

4XC lets its customers trade cryptocurrencies like Bitcoin on its MT4/MT5 platforms. It provides access to high-quality educational resources designed especially for new traders, including educational videos on investing strategies.

Regulation

4XC is subject to the Financial Conduct Authority’s (FCA) program of financial supervision. The FCA regulates and supervises all UK-regulated firms, including those regulated in other jurisdictions, such as Cyprus, Dubai, and Hong Kong. The FCA has a broad remit to regulate all types of financial services firms, including individuals and companies offering a range of products and services that meet its definition of authorized activity. It also has powers to take enforcement action against firms that breach the law or its rules.

4XC Trading Instruments

4XC is a global trading platform that offers clients a wide range of services. The company offers a variety of products, such as CFDs on currencies and commodities, indices, and precious metals. It also offers cryptocurrency trading, for example Bitcoin.

Trading Platforms

4XC is a Forex broker that offers several trading platforms, including MT4, MT5, and web trader. The company also has a mobile app for Android and iOS devices.

The web-based platform is user-friendly, making it easy for beginner traders new to forex trading. You can start by choosing the demo accounts available on this site, which show what different types of trades look like in real life.

Its demo account is free to use and comes with virtual cash at your disposal. You can trade with as little as $50 worth of virtual currency, allowing you to test your strategy before making any real money trades.

The MT4 and MT5 platforms are also great if you want to trade with automated strategies or set up your strategies using Expert Advisors (EAs).

4XC Bonus

If you’re looking for a broker with a tiered bonus structure and a generous 50% first deposit bonus, 4XC is the right choice. The first deposit bonus is great if you’re looking to start with a small amount of money but still get some nice rewards. All profits are yours, and there are no limitations on how much you can trade or how many trades you can make during your time with 4XC.

4XC Account Types

Standard Account

  • Spreads from 0.8 pips
  • Minimum Deposit of $10
  • Leverage 500:1
  • No commission
  • 74 currency pairs, 295 stocks, and 24 CFDs

Pro Account

  • Spreads from 0.2 pips
  • Minimum Deposit of $100
  • Leverage 200:1
  • Commission of $2 /lot per side
  • 74 currency pairs, 295 stocks, and 24 CFDs

VIP Account

  • Spreads from 0.6 pips
  • Minimum Deposit of $25,000
  • Leverage 500:1
  • No commission
  • 74 currency pairs, 295 stocks, and 24 CFDs

Min. Deposit

Spread

Commission

Leverage

Standard

$10

0.8

$0

1:500

Pro

$100

0.2

$2/lot

1:500

VIP

$25000

0.6

$0

1:200

4XC Deposits and Withdrawals

4XC is a Forex brokerage that allows you to deposit and withdraw funds in different methods. The company was founded by the team behind 4Finance, with over ten years of experience in the financial services industry.

The company offers a wide range of payment methods: bank wire, credit card, debit card, cryptocurrency (Skrill, AdvCash, Neteller), and Skrill. You can also deposit or withdraw in cryptocurrencies like Bitcoin or Ethereum. Withdrawing funds takes 24 hours or less, depending on the method used.

Fund Safety

  1. Segregated accounts

4XC’s clients’ funds are kept separate from company accounts, which means they are protected against any financial mishaps while they trade forex on the platform.

  1. 2-factor authentication

2-factor authentication (2FA) is a security measure that requires two different forms of identification—something you know (like a password) and something you have (like a smartphone or biometric device). 2FA is often used on financial websites because it helps fight fraud by ensuring no one can log into your account without both forms of identification.

Trading Tools

4XC’s trading tools are standard and simple, with a few standout features.

The first is Hoko cloud, a broker-agnostic platform that allows users to replicate trades in real time. This means that you can trade the same strategy as someone else without having to worry about having different accounts or trading platforms.

The second feature is MT Trading signals, free commercial signals the company provides. They’re not as good as what you’d get from an actual signal provider like Trade Station or Interactive Brokers (IB), but they’re good enough for some traders who want some help getting started.

Finally, there is an investing section where users can browse strategies and select one that best fits their goals and risk profile.

Industry Awards

Broker Innovation Award 2022

4XC Customer Support

The 4XC broker has an excellent customer support team, which can be contacted via email, live chat, and phone. The support team is available 24/7 and will respond to your questions within hours. They are also well-versed in the exchange and industry, so you can be sure they’ll have answers to any questions you have. The response rate is very high, and they respond quickly, which is a huge plus for traders who want immediate responses to their questions.

Conclusion

4XC is an easy-to-use trading platform with various unique tools that help the trader succeed. Overall, we are very pleased with its clients’ services and features 4XC provides. Its wide list of trading instruments, fast order execution speed, great customer service, advanced trading tools, and convenient deposit options have convinced us to put it on our list of recommended brokers. Check out their platform and sign up for an account if you are interested in trading forex or cryptocurrencies.