4xCube Review 2024


3.5 / 5
4xCube is #58 in our CFD broker rankings.

4xCube is a great option for traders familiar with the MetaTrader suite and those interested in copy trading.

- Daytrading Review Team

4xCube is an online forex and CFD broker registered and licensed in the Cook Islands. Clients can trade on popular financial markets and choose between three accounts based on their capital and trading strategy.

$10
MT4, MT5
Forex, CFDs, metals, indices, cryptocurrencies
-
USD, BRL
Skrill, Neteller, Visa, Bitcoin Payments, Wire Transfer, Credit Card, Debit Card, Mastercard, Perfect Money, FasaPay, Swift, Ethereum Payments, GlobePay
Forex Trading

4xCube offers 60+ currency pairs with competitive trading conditions. We like that all trading strategies are permitted including scalping and hedging.

Stock Trading

Direct stock trading isn't available, but traders can access 11 index CFDs, including the top US, British, European, Australian, and Japanese indices, with leverage up to 1:200.

CFD Trading

Trade CFDs on forex, indices, metals, oil and cryptocurrencies with high leverage up to 1:500 and competitive spreads, with the choice between zero commission or raw spreads.

Crypto Trading

Trade five crypto CFDs with BTC, BCH, ETH, LTC and XRP paired with USD and leverage available up to 1:20. Digital currencies can be traded around the clock, including on weekends.

✓ Pros

  • Industry-leading MetaTrader 4 and MetaTrader 5 platforms are available
  • Wide selection of payment methods including bank cards
  • Commission-free trading with spreads from 0.1 pips
  • Fast trade execution through liquidity providers
  • Good trading courses and guides for beginners
  • Welcome bonuses and trading promotions
  • Large trading community on Discord
  • Hokocloud copy trading tool

✗ Cons

  • The broker is not regulated by a trusted authority
  • High fees for some payment methods
  • US clients are not accepted

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
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
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
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.

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.

SwapHunter
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.

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.

Top 3 Alternatives to 4xCube

Compare 4xCube with the top 3 similar brokers that accept traders from your location.

  1. IG – Founded in 1974, IG is part of IG Group Holdings Plc, a publicly traded (LSE: IGG) brokerage. The brand-US offers spread betting, CFD and forex trading across an almost unrivalled selection of 17,000+ markets, with a range of user-friendly platforms and investing apps. For 50 years, IG has maintained its position as an industry leader, excelling in all key areas for traders.
    Go to IG
  2. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex
  3. ForexChief – ForexChief is a foreign exchange and CFD broker, established in 2014. The company is based offshore and registered with the VFSC and FMA. Users can choose between a wide selection of accounts and base currencies, making ForexChief accessible to global traders. The brand also stands out for its no deposit bonus and fee rebates for high-volume traders.
    Go to ForexChief

4xCube Comparison Table

Compare 4xCube With Similar Brokers
4xCube IG World Forex ForexChief
Rating 3.5 4.4 4 3.3
Markets Forex, CFDs, metals, indices, cryptocurrencies CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts CFDs, Forex, Metals, Commodities, Stocks, Indices
Demo Account Yes Yes Yes Yes
Minimum Deposit $10 $0 $1 $10
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Regulators FSC Cook Islands FCA, ASIC, NFA, CFTC, DFSA, BaFin, MAS, FSCA SVGFSA VFSC
Bonus 100% Deposit Bonus $100 No Deposit Bonus
Education No Yes No No
Platforms MT4, MT5 Web, ProRealTime, L2 Dealer, MT4, AutoChartist, TradingCentral MT4, MT5 MT4, MT5
Leverage 1:400 1:30 (Retail), 1:250 (Pro) 1:1000 1:1000
Payment Methods 13 6 10 12
Visit Visit Visit Visit
Review IG
Review
World Forex
Review
ForexChief
Review

Compare Trading Instruments

Compare the markets and instruments offered by 4xCube and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare 4xCube Trading Instruments
4xCube IG World Forex ForexChief
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No Yes No No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes No No
Options No Yes No No
ETFs No Yes No No
Bonds No Yes No No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

4xCube vs Other Brokers

Compare 4xCube with any other broker by selecting the other broker below.

 

Customer Reviews

There are no customer reviews of 4xCube yet, will you be the first to help fellow traders decide if they should trade with 4xCube or not?

Submit Your Own Review of 4xCube

If you have experience trading with 4xCube please share your personal review of the broker and what you think are strong and weak points. Thank you.

Visit
4xCube is an online forex and CFD broker registered and licensed in the Cook Islands. Clients can trade on popular financial markets and choose between three accounts based on their capital and trading strategy.

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.