About TRADE4X
Who Is Trade4x?
Trade4x (operating under the domain trades4x.com) is a retail forex and CFD broker registered in Singapore. The company was founded on 16 March 2023 and lists its registered address at Marina Bay Financial Centre Tower 2, 10 Marina Boulevard, Singapore 018983. It presents itself as a multi-asset broker offering trading in forex, commodities, indices, and cryptocurrencies through the MetaTrader 4 platform.
The broker’s website is live and includes typical retail broker features such as live account opening, demo accounts, and a partner program. However, as of this review, Trade4x does not hold any known regulatory licences from any financial authority. This absence of regulation is a significant factor for potential traders to consider.
Regulation and Safety
Based on official records, Trade4x is not regulated by any financial supervisory authority. The broker’s registration in Singapore as a business entity does not equate to a regulatory licence from the Monetary Authority of Singapore (MAS) for offering financial services. FXCanary’s Scam Risk Score for Trade4x is 75 out of 100, indicating a severe level of risk. Unregulated brokers carry heightened risks regarding fund security, trade execution, and dispute resolution.
Account Types and Trading Conditions
Trade4x offers two main account types: a Zero Spread Account and a Commission-Free Account. The Zero Spread Account is advertised with no spread, though it likely includes a commission. The Commission-Free Account charges no commission but may have wider spreads. Both accounts are available on the MT4 platform.
The broker claims 0% transaction fees and competitive spreads, but detailed specifications such as minimum deposit, leverage, and spreads are not clearly provided on the website. The company also offers a demo account for practice trading.
Platforms and Instruments
The broker exclusively offers the MetaTrader 4 platform, a widely used trading platform in the retail forex industry. MT4 is available for desktop, web, and mobile devices. Trade4x states that it supports automated trading via Expert Advisors (EAs) and allows hedging and scalping.
In terms of tradable instruments, the broker lists forex pairs, commodities, indices, and cryptocurrencies. However, no specific list of instruments or contract specifications is provided on the site.
Deposits, Withdrawals, and Support
Information on funding methods is limited on the Trade4x website. The broker mentions a 20% deposit bonus but does not specify payment methods, withdrawal processing times, or fees. Customer support is available via phone (+44-1446-398-077), email (cs@trades4x.com), and a contact form. The support hours are stated as Monday to Friday, 9:00 AM to 5:00 PM.
The broker also operates social media accounts on Facebook, Instagram, and Twitter/X, but these were not evaluated for activity or engagement.
Target Audience
Trade4x appears to target both new and experienced retail traders looking for a straightforward online trading experience. The broker’s claims of low spreads, zero commissions, and a 20% deposit bonus may appeal to cost-conscious traders. Additionally, its Introducing Broker and White Label programs are aimed at financial professionals and businesses seeking to expand their offerings.
Given the lack of regulation, Trade4x is likely most suitable for traders who are fully aware of the risks of trading with an unregulated entity and who are comfortable with limited oversight.
Overview compiled by FXCanary from regulatory records and public data. full TRADE4X review