4X Trade

4X Trade is an unregulated retail forex and CFD broker founded on 4 August 2021. Its official website is 4x-trade.com. The company is registered in the United Kingdom but lists its physical address as Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands (MH96960), a jurisdiction known for minimal financial oversight.

This discrepancy between the claimed country of registration and the operational address raises questions about the broker’s actual regulatory environment. As of this review, 4X Trade holds no licence from any recognised financial authority, meaning traders do not benefit from investor protection schemes or dispute resolution mechanisms that regulated brokers provide.

4X Trade provides four account types tailored to different capital levels. The BASIC account requires a minimum deposit of €250, making it accessible to retail traders with modest funds. The ADVANCED account starts at €5,000, while the PRO and CUSTOM MADE accounts require €25,000 and €50,000 respectively.

Notably, the broker does not disclose maximum leverage for any account. This omission is significant, as leverage is a key factor in risk assessment for forex and CFD trading. The CUSTOM MADE account is positioned as a bespoke service for high-net-worth individuals, but no specific details on its features are available.

Information on trading platforms and instruments is not provided in the known facts. Without confirmation of popular platforms like MetaTrader 4/5 or cTrader, traders cannot assess the trading environment's quality or the range of available assets.

Similarly, the broker does not disclose its instrument list. Common offerings in the industry include forex pairs, indices, commodities, and cryptocurrencies, but 4X Trade has not confirmed these. This lack of transparency makes it difficult for traders to evaluate the broker’s suitability for their strategies.

4X Trade is entirely unregulated. Its registration address in the Marshall Islands, a jurisdiction with no active forex brokerage regulation, adds a layer of risk. The broker claims to be a UK-registered company, but the UK address provided is the same Marshall Islands address, meaning it does not fall under the purview of the Financial Conduct Authority (FCA).

Traders considering 4X Trade should be aware that unregulated brokers offer no recourse in the event of disputes, fund misappropriation, or platform failure. The FXCanary Scam Risk Score of 46/100 (Guarded) reflects these concerns, indicating a high level of risk.

Based on its account structure, 4X Trade appears to target a broad range of traders, from beginners with a €250 deposit to institutional or high-net-worth clients via the €50,000 CUSTOM MADE account. However, the lack of leverage disclosure and regulatory oversight makes it unsuitable for risk-averse traders.

The broker’s claims of serving over 10,000 clients cannot be independently verified. Without audited financial statements or regulatory filings, these figures should be treated with caution.