4xCube Review 2019 | Is 4xCube a Scam or Legit Forex Broker?

Read our 4xCube review to find out if 4xCube is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.0/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
100% Complete (danger)
5.0/5
Tradable Products
20% Complete (danger)
1.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
# Broker's Features 4XCUBE Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review 4xCube.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. 4xCube offers Online Financial Trading and Investment Services Such as N/A.

Tradable Products: 4xcube brokerage offering provides multi-asset trading opportunities. Assets traded on 4xcube include 48 currencies pairs, 2 metals, 11 indices, 2 commodities and 1 cryptocurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. 4xCube is STP, ECN.

Features: 4xcube has partnered with swap hunter and 8topuz to provide its clients with tools needed to succeed in the trading business.

Executing Trades:

4xCube allows you to execute a minimum trade of 0.01. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As 4xCube offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. 4xCube recommended minimum capital is $100.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. 4xCube is regulated by FSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: 4xcube is regulated by the FSC in the Cook Islands. It provides security of clients’ fund through account segregation, SSL and membership of the financial commission.

Account currencies: Next lets consider the Account currencies each broker offers. 4xCube offers EUR, USD, GBP, NGN different account currencies for each account types.

Account Openning: The Standard account, Pro account and VIP account are the account types available to 4xcube clients. The account opening balances are $5, $1000 and $25000 respectively.

4xCube offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.

Languages Available: Next lets have a look at each broker's different Language options. 4xCube offers English, Portuguese, Spanish, Arabic, Chinese.

Payment methods: Next lets have a look at each broker's payment options. 4xCube offers Bank Transfer, 2 pAy 4 you, Visa, Skrill, Neteller different payment methods for each account types.

Deposit and withdrawal: Bank transfers, 2Pay4You, Visa/Mastercard, Skrill, Neteller, SOFORT, VLoad voucher, Cryptos, Perfect Money, WeChat Pay, Union Pay and AstroPay are all acceptable means of payment.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, 4xCube makes MT4, Zulutrade available to clients.

Web & Desktop Trading Platforms: Like other forex brokers in the market, 4xCube provides MetaTrader 4 terminal (for Windows, iOS, and Android). ZuluTrade to their clients which allows users to trade in the financial markets (Forex & CFD). There are tools for analyzing the pricing dynamics of financial instruments and creating and using automated trading (Expert Advisors).
Mobile Trading Platforms: The MT4 has mobile apps for android and iOS devices which can be downloaded from their respective stores.

Other

Trader Education
4xcube is a broker that is best suited for intermediate brokers. Newbies won’t find the product well suited to them due to a lack of educational content, while pros won’t have the tools they need.

Promotions
TradeRace is a trading competition with monthly rewards. This is the only promo item available on 4xcube.

Support
The customer support team works from Monday to Saturday. They can be reached on phone, email, web chat and form. They are multilingual and also available on social media.

Recup
4xCube is a forex brokerage established in 2018. It uses the ever popular MT4 platform and offers the accounts listed above. Although its trading conditions appear attractive, we cannot recommend 4xCube, because its clients have no assurance for the security of their funds. The broker is not licensed by a reputable financial regulator.

Final Thoughts
4xCube is a forex brokerage that catches the eye - its website is nicely designed and the trading conditions seem attractive. The problem is that 4xCube is not licensed by a reputable governmental agency and therefore its clients have no solid assurance for the security of their funds. Because the forex market is full of scam brokers, we always advise investors to only deal with reliable and tightly regulated entities, such as the ones licensed by UK’s FCA.

Trading Experience
4xcube is a broker that is best suited for intermediate brokers. Newbies won’t find the product well suited to them due to a lack of educational content, while pros won’t have the tools they need.

People Also Asked

Is 4xCube regulated?
Yes, 4xCube is regulated by top-tier regulators, FSC inclusive.
Where is 4xCube based?
4xCube is based in Cook Islands
How does 4xCube make money?
4xCube charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in 4xCube account?
With 4xCube you can deposit money via the following means; Bank Transfer, 2 Pay 4 you, Visa, Skrill, Neteller, Sofort, Vload, WeChat Pay, Perfect Money, Union.
How do I withdrawal in 4xCube account?
4xCube lets you request a withdrawal of funds from your account via the following means; Bank Transfer, 2 pAy 4 you, Visa, Skrill, Neteller.
What is the minimum deposit for 4xCube?
4xCube has $100 minimum deposit.
What are the available account base currencies with 4xCube?
4xCube trading accounts are offered in EUR, USD, GBP, NGN. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in 4xCube?
4xCube has a maximum leverage is 1:400 for professional traders.
How do I open an account with 4xCube?
Opening an account with 4xCube is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does 4xCube use MetaTrader?
4xCube platforms: Yes, 4xCube use MetaTrader as well as the following platforms: MT4, Zulutrade
What type of broker is 4xCube?
4xCube appears to be a STP, ECN broker which offers market access to a variety of traders.
Does 4xCube accept US clients?
No
Does 4xCube offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with 4xCube: You can trade a wide variety of instruments with 4xCube: N/A

Are you Satisfied with what They Offer?