For expert traders, 4xCube (4XC) offers FX and CFD instruments on MT4 and MT5, as well as extra integration possibilities. Before joining up or logging in, read this broker review to learn about deposit and withdrawal options, no deposit bonus offers, demo accounts, and more.
The trademark 4XC is owned by Geomatrix Limited, a Cook Islands-based corporation regulated by the Financial Conduct Commission (FSC).
4xCube has over two decades of financial market experience, providing MetaTrader platforms with access to currencies, indices, commodities, and cryptocurrencies. Advanced traders can use the broker’s extra tools, such as PAMM accounts and social trading platforms, to duplicate transactions.
Many traders use the MT4 platform because it has a set of tools that facilitate algorithmic trading. For correct price analysis, users have access to hundreds of technical indicators and graphical objects, as well as a variety of periods.
Traders can also use risk management tools to execute advanced orders and obtain access to a comprehensive transaction history. MT4 is compatible with Windows PCs and may be downloaded directly from the website.
MT5, the successor to MT4, has additional features and is better suited to experienced traders. The platform provides an economic calendar, a depth view, and its own community chat, as well as a greater choice of indicators and periods. On Windows machines, MT5 may be downloaded as well.
Over 50 currency pairings are available at 4XC, including major, minor, and exotic currencies. It also has 11 stock indexes, precious commodities including gold and silver, oil, and a small number of cryptocurrencies. The fair selection of instruments offered is praised by users, while stock trading would be a nice addition.
Commissions and spreads
Spreads on 4xCube are competitive, starting at 0.7 pips for EUR/USD on a regular account and up to 0.2 pips on a pro account for the same pair. Commission is not required for standard or VIP accounts, while the Pro account has a modest fee of $3 per lot every turn. If you want to save money on your trading expenses, a broker is a good choice.
Overnight financing is also charged for jobs that are carried over to the next day. This rate triples on Wednesdays to cover the weekend.
On all 4XC accounts, leverage up to 1: 400 is offered for FX items. The margin requirements for CFDs are calculated using a formula and are available on the platforms. When trading on margin, traders should take caution because it carries a high degree of risk and can result in severe losses.
For simple trading on the go, 4xCube offers a mobile MT4 app. Push alerts and one-touch interactive trading are among the mobile-friendly features available in the app. From an iPhone or Android smartphone, users may access comprehensive technical analysis tools, historical feeds, and real-time pricing.
Wire transfers, credit cards, cryptocurrencies, and e-wallets like Skrill and Neteller are all available as deposit methods at 4xCube. Although the majority of the ways are quick, there is a price associated with them. For example, card deposits are subject to a 3% fee, 0.5 percent for FasaPay, and 6% for Perfect Money. There is no commission if you use Skrill or Neteller outside of the EU. The account requires a minimum deposit of $10.
The majority of withdrawals are completed within one business day, but some may be subject to a charge. Withdrawals from Skrill and Neteller will be charged 3%, while card withdrawals will be charged 0.15 percent.SEPA bank transactions cost €5, and SWIFT bank transfers cost $49 each.
You may try any of the MetaTrader platforms with a 14-day trial account from 4XC. In a virtual environment, traders are able to explore the platforms and analyze pricing in real time. Demo accounts are loaded with €50,000 or US dollars and can be funded at any time.
There are currently no no-deposit offers, welcome bonuses, or contests available at 4XC. Traders should look for future bonus announcements on social media platforms.
The Cook Islands-based Geomatrix Ltd (4xCube) is regulated by the Financial Conduct Commission (FSC) under license number MC03/2018. It’s worth mentioning that the FSC lacks the authority of organizations like the Australian Securities and Investment Commission (ASIC).
Client money is separated into different accounts by the broker, who is also audited by BDO, a recognized auditing agency. Since 2019, the broker has also been a member of the Financial Commission, which offers the broker support in the form of a 20,000-euro compensation fund.
4xCube also includes a wealth of supplementary materials, such as in-depth trading instructions and courses for both beginners and expert traders, all of which are packed with easily consumable short films. MT4 and MT5 lessons, market news and analysis, on-demand webinars, and a personalized economic calendar are all available.
4xCube also offers market indicators and trading platforms ZuluTrade and HokoCloud for trade replication.SwapHunter, an MT4 carry indicator that allows you to earn money on daily rollovers, and 8Topuz, an artificial intelligence investing program, are two more automated trading tools you may use.
Standard, Pro, and VIP live accounts, as well as PAMM accounts, are available through 4XC. All accounts have a 0.01 lot minimum trading size and up to 1:400 leverage, as well as a free VPS. On all accounts, hedging, scalping, and the use of advisers are permitted.
- Standard-$10 minimum deposit, spreads from 0.7 pips, no commissions, full IT support, free demo.
- Pro-$100 minimum deposit, spreads starting at 0.1 pips, RT commissions starting at $3,000 per lot, full IT support, and a free demo.
- VIP-minimum deposit of $25,000, spreads from 0.2 pips, no commission, dedicated account manager, free deposits and withdrawals.
4xCube performed well in several areas of this review:
- Commission-free trading
- HokoCloud and ZuluTrade
- Good customer reviews
- A minimum deposit of $ 10 is required.
- MT4 and MT5 trading platforms
Areas that, in our opinion, needed improvement include:
- Funding fee
- There are no promotions available.