4XC review and ratings

Company information

4XC is a forex broker located in the Cook Islands (self-governing island country in association with New Zealand), regulated by the Financial Supervisory Commission (FSC).

Availability

4XC accepts clients from all over the world, excluding USA, Portugal, Iraq, Iran, Myanmar, North Korea and some other jurisdictions.

Distinctive features

• PAMM accounts, social (copy) trading, AI-driven premium signals.
• Academies: Alpha FX academy, T4F academy, FXPremiere, UK Trading academy.
• Tight spreads on major currency pairs.
• Cryptocurrency funding accepted.

Trading instruments

Forex broker offers the following underlying assets for trading.

Comprehensive review

4XC is a forex broker operating out of the Cook Islands, where it is licensed as a “money-changing business” by the country's Financial Supervisory Commission (FSC). The broker offers a solid selection of trading instruments, with leverage as high as 1:500 on the most liquid instruments.

One thing that stands out about 4XC is the educational content it has made available through its various “trading academies.” In these academies, new traders can work and learn from experienced professional traders like Tamas Horvath, a successful trader with a background in economics and banking. The offering includes opportunities for one-on-one mentorships, as well as access to vibrant trading communities on Discord and Telegram.

In terms of other asset classes, 4XC offers trading in more than 60 forex pairs, 11 major stock indices, precious metals, WTI and Brent oil, and the cryptocurrencies Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Ripple (XRP) against USD. All of the assets are traded as CFDs with high leverage, making it easy to generate large profits (or losses) with even just a small trading account.

All of the assets 4XC supports can be traded on either the downloadable version of MetaTrader 4 (MT4), MetaTrader 5 (MT5), or on the web-based version of MetaTrader.

Before signing up with 4XC, new clients need to choose what type of trading account they want to use. For this, 4XC has three choices:
– Standard account, with a minimum deposit of $50, spreads from 1 pip, and commission-free trading
– Pro account, with a minimum deposit of $100, spreads from 0 pips, and commissions of $2.5 per lot per side ($5 per lot/round-trip)
– VIP account, with a minimum deposit of $10,000, spreads from 0 pips, and commissions of $2 per lot per side ($4 per lot/round-trip)

All of the trading accounts can be used with either US dollar, euro, British pound or Brazilian real as the base currency.

The accounts can be funded using bank wire transfer, Visa, MasterCard, Google Pay and Apple Pay. In addition, crypto deposits in Bitcoin, Ethereum, and Tether are also accepted by this broker. All of the payment methods are processed free of charge by the broker when making a deposit, but a fee applies for all withdrawals ($10 for bank transfers and crypto, and 3% for card and mobile wallets).

To contact 4XC's customer support, clients are welcome to use live chat via the broker's website, chat on WhatsApp, send an email, or call the broker's head office in the Cook Islands. The broker promises on its website that it can be reached 24 hours a day on all weekdays.

In conclusion, we'd like to reiterate that 4XC is an offshore-registered forex broker that is subject to little government regulation, although it is on paper regulated in the Cook Islands. The Cook Islands is an independent country with its own laws, but is in “free association” with New Zealand. The country is also a known offshore financial center.

Still, with a track record dating back to 2018, 4XC now has quite a bit of experience from the forex industry, and the broker could be a good choice for those looking for a high-leverage broker that accepts crypto and offers a strong mentorship and educational program.