4 Square SY Limited

4 Square SY Limited, trading as FXRoad, is a retail forex and CFD broker established in Seychelles. The company operates under the regulatory oversight of the Seychelles Financial Services Authority (FSA) with a Securities Dealer licence. FXRoad's official website, fxroad.com, presents the broker as a provider of tailored trading solutions for global markets, targeting both novice and experienced traders.

While the exact founding date is not publicly disclosed, the broker has accumulated a modest online presence with several third-party reviews and a terms-and-conditions document dated 2025. The company's registered address is in Providence, Mahe, Seychelles, a common jurisdiction for offshore forex brokers.

FXRoad holds a licence from the Seychelles Financial Services Authority (FSA) as a Securities Dealer. The FSA is the primary financial regulator for the Seychelles International Business Authority (SIBA) regime. While this licence indicates a baseline level of compliance, Seychelles regulation is considered offshore and does not offer the same level of investor protection as major regulators like the FCA or CySEC. Traders should be aware that recourse in case of disputes may be limited.

The broker prominently displays its regulatory status on its website, claiming to be transparent and fully compliant. However, independent verification of the licence status through the FSA's public register is recommended before committing funds.

FXRoad offers three main live account tiers: Silver, Gold, and Platinum, along with an Islamic (swap-free) account option. The Silver account is positioned as an entry-level account with spreads starting from 2.6 pips, while the Gold account improves spreads to 2.0 pips. The Platinum account, for more active traders, offers spreads on major forex pairs from 1.4 pips and reduced swap fees. All accounts provide leverage up to 1:200 on forex pairs, which is high by industry standards and carries significant risk.

The broker also provides a demo account for practice, though specific details are not elaborated on its website. Account base currencies are limited to EUR and USD, requiring traders to convert funds if they trade in other currencies.

FXRoad's proprietary trading platform is a web-based solution called WebTrader, which integrates TradingView charting tools. It is accessible via modern web browsers without requiring installation, offering convenience for traders who prefer not to download software. The broker does not mention MetaTrader 4 or 5, indicating a reliance on its own platform.

The instrument list includes over 350 CFDs covering forex pairs, indices, individual stocks, commodities, and cryptocurrencies. This breadth is competitive for a broker of its size, though the quality of execution and liquidity provision from the broker's partners remains unverified through user reviews.

The minimum deposit to open a live account with FXRoad is 250 EUR or equivalent. Deposits can be made via credit card or bank transfer, and funds are credited immediately according to the website. Withdrawals are processed through the client portal with a simple confirmation step.

The broker does not charge deposit commission, and the withdrawal process is described as straightforward. However, there is no public information on withdrawal processing times, fees, or limits, which traders should clarify before depositing. The absence of independent user feedback makes it difficult to assess the reliability of the broker's payment systems.

FXRoad markets itself as a suitable option for both beginners and experienced traders, with account tiers designed to match different experience levels. The Silver account offers a low-cost entry point, while the Platinum account targets those with deeper market knowledge. The Islamic account caters to traders requiring Sharia-compliant swaps.

Given the offshore regulation and high leverage, the broker is likely most suitable for traders who are comfortable with the risks of trading with an unregulated or minimally regulated entity. Traders from jurisdictions with strict forex regulations may need to self-certify as professional clients or accept the lower protection offered by Seychelles licensing.