For a broker targeting U.S. traders, native English support should be standard, but some traders have experienced language barriers or unhelpful responses. Moreover, the absence of clear information about commissions (if any) on commissions-based accounts makes it difficult to compare costs accurately. Transparency around trading costs is crucial for traders to evaluate profitability properly.
4XC offers competitive spreads on the MT4 and MT5 platforms, with attractive features for experienced traders, including copy trade and VPS integration. There is a good range of deposit and withdrawal methods, plus demo and PAMM accounts. Traders should, however, be aware that the FSC Cook Islands licensing is limited to forex products only. Forex trading with 4Xcube is a method through which to invest money which involves trading one currency for another in a Forex currency pair with 4Xcube.
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cube Margin Trading
Apart from the restricted countries a 4Xcube trading account can be opened globally. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. No issues with trading, very transparent and a big focus on building a personal relationship with their clietns.
- Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
- Our experts also factor in their hands-on testing experience into broker ratings.
- When we opened a 4XC account, we were offered a 50% welcome bonus.
- When we used 4XC, we were offered a spread of 1 pip on the GBP/USD currency pair, which is not as competitive as IC Markets, for example, offering a spread of 0.83 pips.
Things to understand when trading with 4Xcube
UK traders are not covered by the Financial Services Compensation Scheme in the case of business failure, for example. 4xCube offers a decent list of instruments, although it is limited vs some alternatives. Traders should check the website for any future no deposit bonus deals. If you have experience trading with 4xCube please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by 4xCube and its competitors.
cube Tradable Financial Instruments
This 4XC review will investigate the broker’s spreads, minimum deposit, demo account, withdrawals, welcome bonus, and safety track record. Online trading platforms like 4Xcube are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with 4Xcube. The 4Xcube trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using 4Xcube.
MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems. A 4Xcube computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. The 4Xcube desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds. Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method.
cube Financial Instrument Fees
The MT4 platform is a top choice among many traders, offering a suite of tools to support algorithmic trading. Users enjoy dozens of technical indicators and graphical objects, plus a range of timeframes for accurate price movement analysis. Trading videos on 4Xcube help new and even more experienced investors gain insights into 4Xcube technical analysis tools and how the different financial markets work when trading on 4Xcube. An economic calendar is used by investors to monitor market-moving events, 4xcube forex broker review such as economic indicators and monetary policy decisions. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report. 4Xcube margin trading means borrowing money from the brokerage firm in order to carry out trades.
cube Non Trading Fees
- There are also 11 stock indices on offer, precious metals such as gold and silver, plus oil and a small selection of cryptocurrencies.
- 4Xcube margin trading means borrowing money from the brokerage firm in order to carry out trades.
- Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better).The 4Xcube stop-limit order triggers a limit order when a stock price hits the stop level.
- The broker does segregate client funds in separate accounts and is also audited by BDO, a reputable audit firm.
- They offer excellent services, and Andrei is a reliable and trustworthy support.
Brokers with 24/7 customer support can offer more convenience and reliance, especially for traders who may face issues with account access or funding. The minimum deposit requirement for the 4xCube Standard account is £50, making the brand accessible to new traders. A beginner-friendly copy trading tool, demo account, educational materials, and helpful customer support also make the broker a good option for novice investors. 4Xcube is a good trading platform for new traders as 4Xcube offer a good range of educational resources, good support options as well as a demo account.
Service is really on point.Always thinking in favor of the customers.Andrei helped me right away and sorted everything out for me. Companies on Trustpilot aren’t allowed to offer incentives or pay to hide reviews. Examine the latest Customer Reviews and Comments about the Top Forex Brokers written by real traders and Forex experts on a daily basis. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. No, 4xCube is not currently regulated by any reputable financial regulatory agency.
Traders who prioritize fast withdrawals may find the available options and processing times somewhat restrictive. This high leverage allows traders to control larger positions with a smaller initial investment, increasing the potential for higher profits. This amplification of capital allows traders to maximize their returns on small price movements. The broker caters to both beginner and experienced traders, offering a range of features such as multiple account types, high leverage options, and compatibility with the popular MetaTrader platforms (MT4 and MT5). 4xCube is a CFD and Forex broker that states their 20-year experience across different markets and clear, true STP/ ECN trading environment, which is accessible through unparalleled safety of trading accounts. The given information about the broker’s registration is rather unclear and confusing than confirming an authorized service delivery, despite the fact that the firm established this year in 2018.
Is 4XC Regulated In The UK?
In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like 4Xcube. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on 4Xcube. As there are a number of tradable financial instruments available on the 4Xcube trading platform.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. Although 4XC offers 24/5 customer support, it does not provide assistance over the weekend when the markets are closed. This could be a drawback for traders who require immediate assistance outside of trading hours, particularly those in different time zones.
When we used 4XC, we were offered a spread of 1 pip on the GBP/USD currency pair, which is not as competitive as IC Markets, for example, offering a spread of 0.83 pips. Most withdrawals are processed in 1 business day but some may incur a commission. Skrill and Neteller will cost 3% to withdraw, whilst cards cost 0.15%.
4Xcube demo accounts allow you to experience and practice a variety of market charts, 4Xcube trading indicators, and trading strategies using 4Xcube. Trading fees on 4Xcube are taken in the form of the spreads 4Xcube offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on 4Xcube. 4Xcube fees vary depending on the financial instruments traded and can include, 4Xcube overnight funding fees, spreads, margins and 4Xcube inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your 4Xcube account charged by your 3rd party payment provider if your 4Xcube base currency is different from your 4Xcube withdrawal method.
We also liked the integrated platform videos demonstrating the fundamentals of opening orders, setting risk parameters, and using one-click trading. When we opened a 4XC account, we were offered a 50% welcome bonus. You must deposit at least £100 to be eligible, with a maximum bonus amount of £1,000. Importantly, the regulatory authority is not as well respected as the Financial Conduct Authority (FCA).
