TRUST 4X

TRUST 4X is a forex and CFD broker registered in Saudi Arabia, having been established on 27 November 2020. The company describes itself as a provider of multi-asset trading services, offering a range of instruments including forex, stocks, commodities, indices, and cryptocurrencies.

According to the broker’s website, clients can access three distinct account types: Standard, Pro, and VIP. Each account comes with different leverage ratios, spreads, and minimum deposit requirements, catering to a spectrum of trading preferences. The broker operates on the MetaTrader 4 platform, a widely recognised trading interface, and accepts various deposit and withdrawal methods such as credit cards, bank transfers, and e-wallets.

TRUST 4X is an unregulated entity, meaning it does not hold a licence from any financial regulatory authority. This lack of oversight is a significant consideration for traders, as it means the broker is not subject to the strict operational standards and client fund protection requirements imposed by regulators.

In FXCanary’s assessment, the absence of regulation places the broker in a higher risk category. Traders should be aware that without regulatory supervision, there is no independent recourse in case of disputes or financial loss. The broker’s scam risk score from FXCanary stands at 48 out of 100, indicating a guarded level of risk.

The broker claims to offer a diverse selection of tradable assets. These include major and minor forex pairs, stocks from global exchanges, commodities such as gold and oil, indices like the S&P 500, and a range of cryptocurrencies. This variety is designed to appeal to traders looking for multiple markets under one roof.

However, the exact number of instruments and the specific contracts available are not detailed in the known facts. Traders would need to consult the broker’s website or platform for a full list. The inclusion of cryptocurrencies suggests a modern offering, but due diligence is advised.

TRUST 4X structures its service around three account tiers: Standard, Pro, and VIP. The Standard account is likely aimed at beginners, with lower minimum deposits and fixed spreads. The Pro account offers tighter spreads and higher leverage, targeting more experienced traders. The VIP account, as the name suggests, provides premium conditions such as the lowest spreads, highest leverage, and dedicated support.

Leverage details vary by account, with the broker advertising maximum leverage ratios that may differ per asset class. Minimum deposits also escalate across tiers. The broker uses MetaTrader 4, a platform known for its advanced charting and automated trading capabilities. Full specifics on spreads, commissions, and execution are not confirmed in our records.

The broker supports several deposit and withdrawal methods, including credit cards, bank wire transfers, and e-wallet solutions. Processing times and fees are not detailed in the known facts, but traders should expect standard industry timelines. Customer support is available via phone and email, though the hours of operation are not specified.

The broker’s website likely includes a FAQ section and educational resources, but no information on these was available in our base data. As with any unregulated broker, traders are advised to test customer responsiveness before committing funds.

TRUST 4X appears to target retail traders from various experience levels, offering account tiers that range from entry-level to professional. The provision of MT4 and multiple instruments suggests a broad appeal. However, the unregulated status and limited public information make it more suitable for traders willing to accept higher risk.

Given the lack of regulatory oversight, this broker may not be appropriate for conservative investors or those in jurisdictions where unlicensed forex dealing is prohibited. FXCanary recommends that traders verify the legal status of the broker in their own country before opening an account.