Founded
in 2018, 4xCube is a Forex and CFD brokerage that provides a platform where
investors and traders alike could get access to ridiculously low spreads,
instant trade execution, and top-notch customer service. 4xCube consists of a
management team with more than 20 years of experience in the global financial
markets, making it a brokerage that perfectly understands the needs of its
customers. This brokerage is a true STP/ECN trading platform that doesn't
require a dealing desk and allows for any kind of trading strategy.
In
this article, we will be looking at 4xCube and some of the concepts involved in
it. We would also discuss/explore a remarkably unique program offered by this
brokerage that could be revolutionary for traders.
An
Overview of 4xCube
This
brokerage could be considered as a perfect tool for traders (especially
beginners) thanks to its simplified and education-oriented platform. Trading
the financial markets can be complicated and overwhelming sometimes considering
the several digits, information, and charts that have to be analyzed in it.
4xCube makes trading easier and worthwhile.
4xCube
also supports low entry capital for its customers. Traders can open live
accounts with as little as $5. This makes backtesting and learning in real-world
market conditions more realistic.
The true STP/ECN attribute of this brokerage eliminates the possibility of any
conflict of interest. It also means that all trade orders are carried out by a
pool of 21 service providers between ECN and banks, giving its customers a fast
and drama-free trading experience.
Additionally, 4xCube facilitates true instant transactions as deposits and
withdrawals are processed in split seconds. This helps traders take advantage
of extremely volatile market conditions.
4xCube is globally recognized as one of the most innovative and fast-growing
brokerages and has received several awards for its distinction including
International Finance Awards 2019, Global Forex Awards, and AtoZ Awards 2019.
Properties of 4xCube
Explained
below are some of the concepts and properties involved with 4xCube:
Regulation
4xCube
is registered in the Cook Islands and is regulated by the Financial Supervisory
Commission (FSC). Being registered and regulated offshore gives this trading
company more flexibility in implementing trading rules and features. Trading
companies regulated under European laws makes it difficult for small-scale
traders to gain entry into the financial markets as they have a capped
leveraging of 1:30. 4xCube, on the other hand, allows for leveraging as high as
1:400, making it more beneficial for small-scale traders.
4xCube also has adequate security features regardless of its offshore status.
This trading company has separate accounts for storing customers’ funds to
ensure that these funds are not tampered with in any way. 4xCube uses the
Secure Socket Layer (SSL) cryptographic encryption on its website to provide a
secure digital environment for traders and to safeguard against hackers. In
2019, 4xCube emerged as an affiliate of the FSC which bolstered the array of
services and benefits it could provide for its customers.
4xCube
is accessible across every continent on the planet. However, it is restricted
in countries like North Korea, the United States, and Iraq.
Education
As mentioned earlier, trading the financial markets is no easy feat. Choosing a
brokerage that supports you in your trading journey is quite important
(especially for beginner traders). 4xCube helps you stay on top of the market
by providing you with daily charts, overviews, interactive webinars, and other
necessary analysis. This brokerage keeps you updated with global economic and
financial news that could help you make better trading decisions and grow in
experience as a trader.
Auto
Trading
4xCube also comes with an auto trading feature that helps you automate your
trading. Auto trading helps busy, beginner, or any interested trader execute
trades automatically once preset market conditions are met. It also allows
traders to copy or find guidance on trades from more experienced traders. The
auto-trading feature helps traders carry out trades free of emotions, allowing
them to take advantage of more trading opportunities.
Deposit
and Withdrawal Options
With
4xCube, deposits and withdrawals are done with the utmost ease. Users of this
platform can make cash deposits in various currencies including US dollar,
Euro, Nigerian Naira, the British Pound, South African Rand, and many more. You
can also make deposits using cryptocurrencies like Bitcoin. Available channels
for making deposits and withdrawals include bank transfer, debit/credit card,
Skrill, Neteller, Perfect Money, and many more.
The 4xCube Installment Program
As
a show of their innovative solutions and a dedication to customer support,
4xCube has come up with a unique program to help beginner traders launch their
trading careers. This program gives new traders the option of trading with as
much as $1,000 (in credit), and pay back the loan in as much as 10 installments.
This program is extremely beneficial and can help many beginner traders
kickstart their trading journeys on a supportive platform, instead of wandering
in oblivion.
The
scheme is incredibly flexible and can be started simply by following these easy
steps:
1-
Register on the platform and submit all the necessary identification
requirements.
2-
Choose the amount of credit you desire.
3-
Select your desired number of installments.
4-
Download the installment program terms and conditions.
5-
Sign and upload the highlighted page(s) on the prompted screen.
6-
Begin trading.
Final
Note
4xCube
provides a wide array of trading services and products waiting for you to take
advantage of. However, trading is not an easy task. Do well spend quality time
in acquiring the necessary trading skills before embarking on your trading
journey to give you a better chance of succeeding in this industry.
