4xCube Reviews & Ratings 2022 – Forex Trading Brokers

4xCube DetailsTrading Platforms4xCube MarketsSpreads & CommissionLeverageMobile AppPayment MethodsDemo Account4xCube BonusesRegulationAdditional Features4xCube AccountsBenefitsDrawbacksOpening HoursCustomer SupportSecurity4xCube VerdictAccepted CountriesAlternatives to 4xCubeFAQ

4xCube (4XC) offers a selection of forex and CFD instruments on MT4 and MT5, as well as additional integration options for professional traders. Before you sign up and login, follow this broker review for a breakdown of deposit and withdrawal methods, no deposit welcome bonus deals, demo accounts, and more.

4xCube Details

4XC is a brand name of Geomatrix Limited, a company based in the Cook Islands and regulated by the Financial Supervisory Commission (FSC).

4xCube has over two decades of experience across financial markets, providing access to forex, indices, commodities, and cryptocurrencies on the MetaTrader platforms. The broker also offers additional tools for advanced traders, including PAMM accounts and social copy-trading platforms.

Trading Platforms

MetaTrader 4

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.

Traders can also execute advanced orders using risk management tools and access a full history of trades. MT4 can be installed directly from the website and is compatible with Windows PCs.

4XC MT4 platform

MetaTrader 5

As MT4’s successor, the MT5 platform is more feature-rich and is ideal for the experienced trader. The platform offers a wider range of indicators and timeframes while also supporting an economic calendar, Depth of Market view, and a native community chat. MT5 is also available for download on Windows computers.

4XC MT5 platform

4xCube Markets

4XC offers over 50 currency pairs, including majors, minors, and exotics. There are also 11 stock indices on offer, precious metals such as gold and silver, plus oil and a small selection of cryptocurrencies. Unsurprisingly, user reviews praise the decent collection of instruments available, though trading on stocks would be a welcome addition.

Spreads & Commission

Spreads are competitive at 4xCube, starting at 0.7 pips for EUR/USD in the Standard account and going as low as 0.2 pips for the same pair in the Pro account. The Standard and VIP accounts are commission-free and there is a reasonable $3 per round-turn lot in the Pro account. This makes the broker a decent option if you’re looking to keep trading fees down.

Overnight financing is also charged on positions carried over into the next day. This rate is tripled on Wednesdays to cover weekend charges.

Leverage

Leverage is available up to 1:400 for forex products across all accounts at 4XC. Margin requirements on CFDs follow a specific formula and are provided within the platforms. Traders should take care when trading on margin, as it carries a high risk and can lead to considerable losses.

Mobile App

4xCube offers the MT4 mobile app for convenient trading on the move. The app supports a number of mobile-friendly features, including push alerts and interactive one-touch trading. Users can also access advanced technical analysis tools, history feeds, and live pricing, all from an iPhone or Android device.

4xCube MetaTrader mobile app

Payment Methods

Deposits

There’s a diverse range of deposit methods at 4xCube, including bank transfers, credit cards, cryptocurrencies, and e-wallets such as Skrill and Neteller. Most methods are instant but will incur a fee. For example, there is a 3% fee on card deposits, 0.5% on FasaPay, and 6% on Perfect Money. If you’re a non-EU customer using Skrill or Neteller, there are no fees. The minimum account deposit is $10.

Withdrawals

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%. SEPA bank transfers incur a €5 fee and SWIFT transfers cost $49.

Demo Account

4XC offers a 14-day demo account which can be used to test out either of the MetaTrader platforms. Traders are free to familiarize themselves with the platforms and experience live pricing within a virtual environment. Demo accounts are loaded with 50,000 EUR or USD, which can be topped up at request.

4xCube Bonuses

4XC does not offer any no deposit deals, welcome bonuses or contests at this time. Traders could try the social media pages for any future announcements of bonuses.

Regulation

Geomatrix Ltd (4xCube) is registered in the Cook Islands and regulated by the Financial Supervisory Commission (FSC), under license number MC03/2018. It’s worth noting the FSC is not as reputable as agencies like the Australian Securities and Investments Commission (ASIC).

The broker does segregate client funds in separate accounts and is also audited by BDO, a reputable audit firm. As of 2019, the broker is also a member of the Financial Commission, which ensures that the broker is backed by a 20,000 EUR compensation fund.

Additional Features

There’s a good array of additional resources at 4xCube, including comprehensive beginner and advanced trading guides and courses, which are full of digestible short videos. There’s also some MT4 and MT5 tutorials, market news and analysis, on-demand webinars, and a customisable economic calendar.

4XC economic calendar

4xCube also offers a market signals service, plus ZuluTrade and HokoCloud copy trading platforms. You can also integrate other automated trading tools, including SwapHunter, an MT4 carry-trade indicator that allows you to earn interest on the daily rollover; and 8Topuz, an artificial intelligence investing software.

4XC SwapHunter

4xCube Accounts

4XC offers 3 live accounts: Standard, Pro, and VIP, as well as PAMM accounts. All accounts require a minimum trade size of 0.01 lots and offer leverage up to 1:400, plus a free VPS. All accounts permit hedging, scalping, and expert advisors.

Standard – $10 minimum deposit, spreads from 0.7 pips, no commissions, full IT support, free demo
Pro – $100 minimum deposit, spreads from 0.1 pips, $3/lot RT commissions, full IT support, free demo
VIP – $25,000 minimum deposit, spreads from 0.2 pips, no commissions, dedicated account manager, free deposits and withdrawals

Benefits

4xCube performed well in several areas of this review:

Commission-free trading
ZuluTrade & HokoCloud
Good customer reviews
$10 minimum deposit
MT4 & MT5

Drawbacks

Areas we thought needed improving include:

Funding fees
Shares not offered

Opening Hours

Trading sessions on MT4 and MT5 depend on the asset traded. These can be found within the platforms, or by contacting customer support.

Customer Support

Help is available 24/5 Monday to Friday and 00:00 to 07:00 (GMT+2) on Saturdays. Most traders will opt for the fast live chat service, but alternatively you can email support@4xc.com or call one of the toll-free numbers listed on the website.

4xCube is headquartered at Global House, Avarua, Rarotonga, Cook Islands.

Security

4XC is partnered with Rackspace, a large IT provider, which uses a multi-cloud trading structure and is fully data and security compliant. The MetaTrader platforms also both use Secure Sockets Layer (SSL) encryption technologies to protect data passing through servers.

4xCube Verdict

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.

Accepted Countries

4xCube accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use 4xCube from United States, Iran, Korea.

Alternatives to 4xCube

If you are looking for alternatives to 4xCube we have compiled a list of the top 5 brokers that are similar to 4xCube below. This list of brokers like 4xCube is in order of similarity and only includes companies that accept traders from your location.

TP Global FX – TP Global FX offers a long list of popular financial assets with spreads from 0.1 pips. With a focus on innovation and transparency, they are a growing brand.

RoboForex – RoboForex is a multi-asset online broker offering powerful trading aides.

EZ Invest – EZ Invest is a CySEC-licensed broker offering trading on the financial markets.

AdroFX – AdroFX is a regulated, global broker offering forex, CFD and crypto trading with MT4 access and attractive welcome bonuses.

FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms.

FAQ

Does 4xCube offer any promotions? 

4XC is not currently offering any promotions at this time. Traders should check the website for any future no deposit bonus deals.

How do I sign up to 4XC?

You can sign up by clicking on the ‘Register’ button at the top of the 4xCube website, where you will need to follow the registration instructions and then verify your identity.

Is 4xCube safe to trade with?

4XC holds a forex license with the FSC in the Cook Islands. Traders should note that they may not get the same fund protection as you would with more reputable regulators such as the ASIC or FCA.

What is the initial deposit required at 4xCube? 

You can open an account at 4XC with as little as $10 in the Standard account. The minimum deposit on the Pro account is $100 and with the VIP account, it’s $25,000.

How do I open a demo account at 4XC?

You can register for a demo account by clicking ‘Try a 14 day demo’ on the broker’s homepage. You will then need to fill out some personal details and select MT4 or MT5.

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