A new online trading brokerage, 4XFX was introduced in the market in March 2018. Even though it is a relatively new brokerage, 4XFX has already accumulated a large number of users and is currently serving more than 46,000 traders that are spread over 76 countries around the globe. Suffice it to say, 4XFX has come on to the online trading scene at the right time and it has become the top choice of many due to the diverse range of trading opportunities and products that it has to offer. Based in Estonia, the headquarters of the brokerage are located Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-K397, 10119, Estonia.
4XFX Video Review
Since the 4XFX brokerage is so new, they have not yet acquired licensing or regulation from any reputable regulatory authorities.
Even though it is a very new platform and hasn’t been around for more than a few months, 4XFX is so far proving itself to be a safe and reliable online trading broker for people all over the world. As mentioned above, over 46,000 traders are already using the brokerage’s services and more and more keep signing up on a regular basis. One of the top reasons it has succeeded in gaining attention is the fact that it complies with the strictest financial regulations and standards, which are an assurance to those using it for investing their money.
4XFX Trading Platforms
One of the unique things about 4XFX, as compared to other brokers, is the availability of its own proprietary WebTrader trading platform, which can be accessed directly from the browser of any desktop PC. 4XFX has put in a lot of effort in developing their trading platform and have come up with a product that’s immensely user-friendly and easy to use. It has been designed flawlessly and can offer traders with an intuitive and smooth trading experience, whether they are experienced or are just beginning their journey in the market.
When using this trading platforms, traders are able to make use of multiple analysis tools as well as advanced charting techniques. There is also an order management system included, which can be used for executing trades at lightning fast speeds. The point is that the proprietary trading platform by 4XFX is definitely not a disappointment to traders and is as good as any other option in the market. Apart from this platform, the brokerage also provides its users with access to the MetaTrader 4 (MT4) trading platform, which is quite popular in the market. This platform is best suited for skilled and advanced traders as it is highly sophisticated.
Furthermore, it provides them with access to charting analysis techniques, a variety of technical indicators, customization and automated trading, everything that experienced traders often need. This platform is also an excellent option and will definitely be a good addition for traders. The brokerage also has a mobile trading application, which is also a bonus because it gives greater flexibility to traders, as they can use their smartphones or tablets to make their trades no matter where they are.
As mentioned above, 4XFX has also gained a large following in a short period of time because they are able to provide traders with access to a number of markets and have a wide range of tradeable products available. You can use this brokerage for investing in global financial markets, whether it is forex trading, stocks, commodities, cryptocurrencies or indices. Let’s take a look at the offerings for each market:
When investing in the forex market through 4XFX, traders will be able to trade major, minor as well as some exotic currency pairs. You can benefit from leverage as high as 150 percent and there are tight spreads offered.
Investing in the commodities market is also easy through 4XFX and here again, you can enjoy high leverages. Whether you want to trade oil or gold, the brokerage gives you low spreads and some of the best rates in the market.
The margin requirements for investing in indices via 4XFX are really low and traders can opt for long or short trading positions as per their preference. With this brokerage, you get the opportunity of investing in some of the most popular markets.
4XFX gives you access to CFDs on the most renowned and popular cryptocurrencies currently available. You can benefit from a flexible contract size and high leverage is also given.
You can trade some of the best stocks through 4XFX and can even indulge in extended trades after market-hours. The commissions are low and there are high leverage options available to make trades profitable.
A great benefit of 4XFX is that it has provided an account option for all kinds of traders. Whether you are just beginning your journey as a trader or have become an experienced professional, there is a trading account type suitable for you on 4XFX. Here are the options you will come across:
As the name indicates, this account type is ideal for beginners who are looking to gain some experience and will be trading conservatively in the start.
This account type works for those who have accumulated some basic knowledge and experience and are ready to make use of it in the market.
Traders who have had some experience under their belt and are serious about their trading activities, this account is considered the best as it enables them to use the features and tools available on 4XFX.
This is the last account type and has been designed for active traders who are ambitious about their activities and want to take full advantage of what the brokerage has to offer.
Commissions & Spreads
When you are using 4XFX, you don’t have to worry about unnecessarily high trading costs as some brokerages are known to charge. You can enjoy some of the lowest spreads in the market and the average trading fee is considerably less than other platforms.
Deposits & Withdrawals Options
A plethora of deposits and withdrawal options are provided by 4XFX to its user base. There are no charges incurred when you are making deposits on the platform, which is a huge plus. You should use the same payment method for withdrawal like the one you have used for deposits. The top deposit and withdrawal methods that can be used by clients on 4XFX are:
Bank Wire Transfers
Debit and Credit cards, which include numerous cards such as Diners, Maestro, Maestro UK (Switch), Visa, MasterCard, Delta, Visa Electron and Solo
More than 20 digital e-wallets can be used for making payments such as Skrill, Neteller and more
Cryptocurrencies are also accepted on the platform as a form of deposits such as Bitcoin
The level of customer support that traders can get on 4XFX is definitely one of the best available in the market. Customer support representatives can be contacted by traders via telephone and email from Monday to Friday and the timings are 9 am to 5 pm GMT. When these people are contacted, they will provide you with qa uick response. They are prompt in their answers and are quite helpful and friendly, which makes it easy to communicate with them. Apart from these standard options, there are additional methods of support also available such as the social media channels of 4XFX, which include Twitter and Facebook.
Why Trade on 4XFX?
If you are still wondering why signing up on 4XFX is a good idea when you wish to trade, then you should consider the fact that this broker gives you a great selection of trading platforms. These are suitable for every trading style. Plus, you can also invest in a horde of trading products across global financial markets, which is also an advantage when you wish to diversify your portfolio. Traders can enjoy high leverage trading on this platform and there is support available for various payment methods as well. The brokerage is also transparent and provides quality customer support to make it worth your while.
4XFX brokerage was established in Estonia and its headquarters are based at Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-K397, 10119, Estonia.
How does 4XFX make money?
4XFX is able to generate profits for itself by charging a spread from traders on the trades that are executed on their trading platforms. Furthermore, they may also charge a fee for some of the additional brokerage services provided.
How do I make a deposit in 4XFXaccount?
You can use bank transfers, various Crypto Wallets, and E-Wallets and also use Debit and Credit cards including Visa, MasterCard, Maestro, Diners, Visa Electron, Delta, Solo and Maestro UK (Switch).
How do I withdraw money from 4XFX?
In order to withdraw funds, the only thing you need to remember is that you should use the same method for withdrawal like the one used for making your initial deposit.
How do I open an account with 4XFX?
You can create your account on 4XFX by filling out their registration form and submitting it with all the required documentation for AML (Anti-Money Laundering) and KYC (Know your Customer) purposes.
Yes, thus far, 4XFX has successfully proven itself to be a reliable online trading platform and has attracted the attention of traders over the world.
Does 4XFX use MetaTrader?
Yes, 4XFX has its own proprietary web-based trading platform, but it also provides traders with the MetaTrader4.
The maximum leverage that traders can get when using 4XFX is 1:200.
No, 4XFX is not a scam. It is a legitimate broker that provides quality brokerage services.
4XFX is a very safe online brokerage as it implements all financial regulations including the KYC and AML policies.
All in all, 4XFX comes off as a premium online trading brokerage that offers some of the best services in the market, which has made it highly reputable. On further review, you will discover that the platform offers some of the best customer support in the market, access to numerous markets has some great trading platforms, ensures security and transparency and charges competitive fees and commissions, which makes it one of the top choices of traders and investors all around the globe.