4xCube Forex Broker Overview

4xCube Forex Broker Overview

A MetaTrader-only broker, 4xCube provides traders access to financial markets covering forex, metals, indices, CFDs cryptocurrency, and shares. 4xcube is authorized and regulated by the Financial Supervisory Commission in the Cook Islands.

Know more about 4xCube brokerage services by heading on to this broker review.

4xCube Forex Broker Overview

4xCube Background & Safety

Geomatrix Ltd operates under the brand name 4xCube providing traders online forex and CFD trading. The firm is headquartered in the Cook Islands and is duly authorized and regulated by the Financial Supervisory Commission. The Cook Islands is a territory freely affiliated with New Zealand, but with an autonomous body which is responsible for overseeing regulated financial institutions and financial services.

Aside from its regulatory certification, 4xC has been a member of the Financial Commission since February 2019. In effect, it allows customers access to a wide range of services and membership benefits including, but not limited to, protection for up to €20,000 per submitted complaint as part of the commission’s compensation fund. 

As a licensed firm, 4xC is fully compliant with regular internal and external company audits performed by BDO, one of the world’s largest and reputable Audit firms. The broker also works with several banks to facilitate the broker’s deposit and withdrawal transactions. It also goes without saying that the broker has a segregated account to hold client funds. 

4xC highlights its set of advantages having a low minimum account deposit, daily payout, deposit protection fund, 100% free VPS, leverage of up to 1:400, and lightning-fast execution. It also has several affiliate programs including Affiliate Partner, Intro Partner, and white labeling. 

Being an execution-only broker with no dealing desk, 4xCube accepts all types of traders and allows limitless trading strategies. Do note, however, that the broker does not offer its services to some countries including the USA, North Korea, and Iran.

4xCube Features & Fees

Market Coverage

4xCube provides traders access to several financial instruments in forex (over 50 currency pairs, including majors, minors, and exotics), metals, (11) indices, shares, and CFD on cryptocurrency.

Account Types

4xCube offers three account types in Standard, Pro, and VIP. 

The Standard account provides novice traders the opportunity to access the financial markets by depositing as low as $10. This account provides spreads starting from 0.7 pips, zero commissions, full IT support, and a free demo version.

Experienced traders who want to have a competitive edge through a given set of conditions can opt for the Pro account. Depositing starting from $1,000, traders are given access to spreads starting from 0.1 pips, commissions of $3 per lot, full IT support, and a free demo account.

High-net-worth traders can vie for the VIP account which requires a minimum deposit of $25,000. Available spreads in this account start from 0.2 pips. It also has zero commissions, a dedicated account manager, and free deposit and withdrawal transactions. 

Interestingly, the broker has a unique client offering for its account opening. It offers an installment program for new account registrations. To register, traders just need to fill in their details, select the amount of credit, select the number of installments, download the installment program terms and conditions, and sign and upload the last page of the terms and conditions on the prompted screen. 

Funding Methods

4xCube offers a range of payment methods for traders including credit/debit cards, bank transfers, e-wallets, and cryptocurrencies. Deposit fees apply for each payment option except for non-EU clients using Neteller or Skrill.

Withdrawal commissions also apply for any payment method. 4xCube is linked to several major banks including BNP Paribas, UBS, Bank of America, Commerzbank, Credit Suisse, and HSBC.

4xCube Forex Broker Overview

4xCube Trading Platforms & Tools

 4xCube offers the most popular trading platform in the world, the MetaTrader platforms.

 Its MT4 offering has a simple and user-friendly interface available on Windows, iOS, and Android versions.

The MT5 platform is more functional and suitable for seasoned traders.it is adept with a wider range of indicators and timeframes while also supporting an economic calendar, Depth of Market view, and native community chat. MT5 is also available for download on Windows computers.

The broker also houses powerful auto-trading tools such as PAMM, ZuluTrade, Hokocloud, and MQL. In terms of research, 4xCube has a wealth of resources including economic calendars, market news, and market analysis. It also has more-than-sufficient educational materials such as trading guides and trading courses for all types of traders. 

Also, 4xCube has unique automated trading solutions in SwapHunter and 8topuz A.I provided by its reputable partners.

Bottom Line

4xCube is not a bad try as it provides traders with a low account opening amount, commission-free trading, and unique automated trading solutions. 

It just needs to up its game by providing wider financial markets offering, promotions and bonuses, and minimal funding fees.