4XFX Review: is 4xfx Trading a Scam or Legit Broker?

4XFX Trading Review: 4XFX is a forex, cfd and crypto broker that offers trading in a huge range of assets spanning commodities, indices, stocks, currency pairs and cryptocurrencies. They have their address at Harju maakond, Tallinn, Kesklinna linnaosa, Roosikrantsi tn 2-K397, 10119, Estonia and they are owned and operated by GRF EUROPE OÜ.

4xfx review

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4XFX TRADING PLATFORM

This broker uses the  PandaTS trading platform for CFD, Forex and Cryptocurrency trading.

DEPOSIT AND WITHDRAWAL METHODS

The available methods are Bank Wire transfer, MasterCard, Visa. The minimum deposit is $250.

Is 31-FX LICENSED?

NO!  4X FX broker is not licensed. Therefore, no regulatory body is acting as a watchdog overseeing that they comply with best practices in the financial market.

SUPPORT

This broker offers support to its traders, they could be reached through phone calls or emails, whichever you prefer.

CONCLUSION

4XFX is an unregulated broker, this is a source of major concern. When trading forex, cfd and cryptocurrency we always recommend you use a regulated broker that is licensed to trade financial instruments.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at Michelin House, 81 Fulham Road London, SW3 6RD, United Kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(Financial Conduct Authority) in the UK which makes client funds safe. They accept traders worldwide..visit their official website

DID YOU KNOW!! Most Autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

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4XFX
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A Fortune
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A Fortune

4xfx is not to be trusted. they scammed me out of more than R40000.00

Andrew
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Andrew

I know nothing about investing,searched internet for a broker but when i clicked on link 4xfx came me being new paid £250 to invest.check bank account £257 was withdrawn and a fee to convert £££ into$$$.Took my money easy enough then bombarded me with phone calls whilst i was at work wouldnt speak to me in the evening or weekends just kept asking to invest more money..i declined and said carry on with the £250.no heard a peep money stopped making profit.Then i asked for my deposit back and they want my card details front and back,passport teails and photo,plus… Read more »