Top 3 Forex Brokers
Beware 4xCube is an Offshore-Licensed Broker. It is NOT SAFE to trade.
- Our Review
- 4xCube User Reviews
- 4xCube News
Is 4xCube Scam or Legit Broker?
4xCube is not a legit broker as it does not hold any serious license. As a general rule, we recommend avoiding offshore and non-regulated entities as traders who invest in non-regulated firms often cannot recover funds invested or gains received.
About 4xCube
| 🗺️ Registered in | Cook Islands |
| 🗺️ Type of License | Offshore License |
| 🛡️ Is 4xCube safe to trade | No |
| 🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
| 🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
What is 4xCube?
4xCube is a CFD and Forex broker that states their 20-year experience across different markets and clear, true STP/ ECN trading environment, which is accessible through unparalleled safety of trading accounts. The given information about the broker’s registration is rather unclear and confusing than confirming an authorized service delivery, despite the fact that the firm established this year in 2018. The company behind the 4xCube brand is registered in the UK, while the leads going to the Cook Islands also with its claimed registered license.
- However, in fact, the Cook Islands license from FSC (Financial Supervisory Commission) is an offshore one and is a very small Island, not a reputable financial location with the strictest investment firm established standards. Your investment and trading itself might be at risk due to the fact the broker holds an only offshore license and not any other compared to financial service licenses like UK’s DCA or Australian ASIC. Simply offshore firm means there is no strict and high check on the firm's operation before its establishment or along the operating process. The offshore authority does not require high professionalism or follow of customer protection, therefore most often offshore brokers deliver service as they wish. For that reason, it is the highest-risk investment, as the trader never knows what to expect.
Overall 4xCube Ranking
Regarding our finds and issues with regulations and safety of 4xCube, we do not rank positively 4xCube, based on our Expert Opinion with over 10 Years of experience in Forex Trading.
- 4xCube Overall Ranking is 2 out of 10 based on our testing and compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers.
| 4xCube | 4xCube | XTB | Pepperstone |
|---|---|---|---|
| Our Ranking | ⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
| Is Broker safe? | No | Yes | Yes |
| Advantages | None | Trading Instruments | Trading Conditions |
4xCube Alternative Brokers
Based on the issues we revealed regarding the safety of 4xCube here are much better Alternatives to 4xCube with good regulations and excellent conditions. We select Good Brokers and reliable options for your comparison below:
- FP Markets – Powerful trading technology and ECN environment
- InteractiveBrokers – Good for Trading Real Stocks
- XM – Wide Range of Trading Opportunities
Deposits and Withdrawals
The broker offers various deposit and withdrawal options – Bank Transfer, Credit/Debit Card, and e-wallets such as Skrill, Neteller, Perfect Money, Sticpay, etc.
- Deposits and withdrawals may be made 24 /7. When a deposit or withdrawal is not carried out instantly, it will be completed within 24 hours.
- The company will not accept direct payments or payments to third parties.
- Withdrawals are limited to one per day per account.
- Withdrawals processed within 48h after the deposit, will be debited by the full amount of deposit charges incurred by 4XC.
4xCube Review Conclusion
Unfortunately, we can’t recommend 4xCube due to the lack of serious regulation, as long as safety measures always go first in trading. We advise choosing among the Regulated brokers from the resected and reputable entities that prove their status with the constant check on the operation by the industry authorities, such as BlackBull Markets, Dukascopy, and FBS.
- Overall ranking and experience for 4xCube is Negative
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No news available.
I just lost £200k, 4XCUBE is a scam brokerage – Avoid – I have reported them to SEC
https://www.forexpeacearmy.com/community/threads/abandoned-complaint-4xc-securities-fraud-https-4xcube-comdirectors-joao-monteiro-john-goddard-joao-severino-of-8topuz-cyprus-https-8topuz-com.71339/
8topuz took €230 000.00 and said it was bad market conditions.
4xc has just closed my account.
This is fraud and I will make a formal complaint.
David
10 reviews
1 star: Bad
Updated 8 May 2021
Put over £20,000 in to invest and lost…
Put over £20,000 in to invest and lost it straight away. I never even had a reply as to where the money went,‘I finally had a reply from 4 whatever they want to call themselves these days. They suggest I should contact the third party that suggested I invests with them. But at the end of the day it was 4 cube that received my money . I received a reply but unlike them , I gave a contact phone number.
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Reply from 4XC
7 May 2021
Dear Mr. Osman,
Thank you for your contact.
We regret to hear that you had a bad experience with us.
Please note that 4XC is an execution-only broker and we do not trade on behalf of clients.
You have subscribed to a 3rd party strategy provider, and you have accepted the Terms and Conditions as well as all specifications of the strategy chosen.
Furthermore, you have been granted access to your investment and your account at all times, not mentioning that you have contacted us few times last year and our Support team provided the conplete information.
For more clarification on what might have possible gone wrong with your investment, we suggest you to contact your strategy provider directly.
In the meantime if you have any additional questions regarding your 4XC account, please do not hesitate to contact our Support Team in the email or contacts listed in our support page (our phone number haven’t changed since 2018).
If you wish to make an official complaint, you can also do so, following our Complaints Policy available in the following link:
https://4xc.com/more/#legal
4XC Support Team
In 2020 myself and my business partner also signed up as a 4xcube IB. We had managed to refer over £3.2m of business to them.
Terrible service & I never got paid. Clients has lost funds. 8topuz is 100% a martingale software company that blows accounts at some point.
Mr Joao Paulo De Sousa Magalhaes Monteiro
Person with significant control
consumer.queries@fca.org.uk
chairman@cysec.gov.cy
Joao Monteiro, John Goddard, Joao Severino of 4xcube, Cyprus.
4xc – another company name change – scammers – fraudsters
4xcube and 8topuz and now rebranded to https://4xc.com and this is why:
Directors Joao Monteiro, John Goddard, Joao Severino of 4xcube, Cyprus.
https://4xcube.com
Directors Joao Monteiro, John Goddard, Joao Severino of 8topuz, Cyprus.
https://8topuz.com
4XCUBE TECHNOLOGIES LTD
0 reviews
Summary Reviews (0) Activities (1)
Summary
Company Number11477472
Incorporation Date 23 Jul 2018 (3 years ago)
2018-07-23
Company TypePrivate Limited Company
JurisdictionUnited Kingdom
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Details
Name4XCUBE TECHNOLOGIES LTD
Registered Address UNITED KINGDOM, LONDON, 65 LONDON WALL, EC2M 5TU
uk
Status Active
Officers
PERSON WITH SIGNIFICANT CONTROL
Mr Joao Paulo De Sousa Magalhaes Monteiro
Person with significant control
(23 Jul 2018)
Reviews Leave review
This company hasn’t received any reviews.
Company activities
SECONDARY ACTIVITIES (1)
#62020 Information technology consultancy activities
Related
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No related companies by officers
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* While we strive to keep this information correct and up-to-date, it is not the primary source, and the company registry (see source, below) should always be referred to for definitive information
Sources: Companies House
https://m.facebook.com/permalink.php?id=100254931594874&story_fbid=201832781437088
John Goddard the CEO of 4xcube, now called 4xc
The master mind behind all fraud
ID Fraud
4xc is using your ID for Advance fee fraud
A scam where you are persuaded to pay fees to a scammer and promised huge rewards in return. Also known as a ‘Nigerian scam’.
ASIC is investigating along with Perth WA Police force.
ID Fraud. 4xc is using your ID for Advance fee fraud
A scam where you are persuaded to pay fees to a scammer and promised huge rewards in return. Also known as a ‘Nigerian scam’.
ASIC is investigating along with Perth WA Police force.
4XC is An Unreliable Offshore Broker
4XC is an offshore CFD forex broker that entered the market in 2018. They have three account types, multiple trading platforms and a generous leverage. Their website looks promising with details on nearly everything you’d require to build trust.
However, 4XC aren’t that reliable as they seem on their website.
4XC is Unreliable: Why Your Funds are Unsafe with them
Poor Regulation
4XC is licensed by the Financial Supervisory Commission of the Cook Islands. Cook Islands is actually an island country located in the South Pacific area which has political links to New Zealand. Cook Islands is an offshore area and it doesn’t regulate CFD brokers, while 4XC is one. Any forex broker can go there and register, like any usual company can, but such a license is not comparable to a license from any reputed agency such as CySEC (Cyprus Securities and Exchange Commission) or FCA of the UK.
Reputed authorities have strict rules and regulations which ensure that a broker works in the interest of its customers, not against them. These rules and regulations prevent scams, and that’s why they are reliable.
Lack of proper regulation is always dangerous, especially when it comes to forex. I recommend that you only deal with brokers that hold regulation from reputed agencies such as CySEC or FCA. Usually, lack of proper regulation is a sign of a scammer and that’s why you should stay away from such brokers.
Doesn’t Serve US Clients
4XC mentions on its website that it doesn’t serve clients based in the US. The US has one of the most reputed regulatory authorities in the forex industry called the National Futures Association. It provides licenses to eligible forex brokers, enforces adherence to its rules and fights fraudulent activities.
4XC gives a vague excuse for not serving US-based clients
The US also has one of the most thriving markets too, so it’s highly suspicious that 4XC doesn’t serve customers here. They give vague excuses when someone asks why they don’t serve customers here, but let me tell you the exact reason why they don’t serve anyone from the United States.
To serve forex trades based in the US, a forex broker must have a license from the NFA, which has many strict regulations. Obviously, 4XC can’t adhere to those regulations because they are running a shady operation. Otherwise, why would a broker deliberately avoid one of the biggest and the most thriving markets in the world?
Warning from ASIC
The Australian Securities and Investments Commission had issued a notification to 4XC because of their fraudulent activities in 2019. The ASIC is the premier organization that handles forex brokers in Australia. You can see that in the screenshot below:
ASIC has issued a warning against them
It’s a page on http://www.moneysmart.gov.au, which is a part of ASIC’s online work. ASIC has clearly advised people that “this company could be involved in a scam”.
Apparently, 4XC was sending unsolicited emails and messages to citizens of Australia to trade with them. You should know that 4XC doesn’t have a license to operate in Australia.
So, the ASIC had sent a notification to this company. It is another proof that 4XC is nothing more than a fraudulent broker.
Transaction Fees of 4XC
4XC provides its customers with multiple payment options including Vload, Skrill, Bank Wire Transfers, PaySec, sofortBanking, and Neteller. The provision of multiple payment options makes them appear genuine, however, their conditions give another picture.
They have mentioned that they charge deposit and withdrawal fees on their website as you can see below:
They charge different fees for transactions according to methods
Because they lack any serious regulation, it raises suspicion on their fees and charges. Respectable authorities ensure that a broker doesn’t have any shady provisions that could result in traders losing their money. 4XC seems very dangerous in this regard.
I recommend you that you shouldn’t trust offshore, poorly regulated brokers like 4XC in this regard. If you open an account with a broker, make sure that you first deposit only the minimum amount they require. Then, you should wait for a day to see if they don’t deduct any hidden fees from it.
Numerous Victims of 4XC
4XC tries to appear scot-free everywhere, but it’s not. There are numerous complaints against 4XC and its shady operations everywhere on the internet. People complain about losing all of their deposits due to 4XC freezing their accounts for no reason.
My 4XC review would be incomplete if I don’t mention how shady brokers scam people. First, they would push you to sign up on their website. When you get there, they redirect you to the sign up page of a terribly shady broker where you provide all of your information.
Now, after you’ve given them your information, you’d start getting calls from other shady brokers.
Sometimes, the broker doesn’t redirect you to someplace else but instead, keeps urging you to invest more. They ignore the market’s conditions and keep requesting you to invest further and make it seem like the more you invest, the more you’d get.
4XC Review: Conclusion
4XC has many qualities but because they lack credible regulation, I can’t recommend their services. You can find many forex brokers who have proper regulation along with such qualities. Working with a poorly regulated broker exposes you to unimaginable risk.
So, in conclusion to my 4XC review, I suggest you stay away from them.
3.3
TOTAL SCORE
A Shady Offshore Broker
Avoid working with 4XC because they are a poorly regulated and unreliable broker. They have all the bells and whistles but lack reliability. The ASIC’s warning against them is another proof of their shady activities.
3.3
EXPERT SCORE
Trust
2
Customer Service
3
Pricing
4
Trading Experience
4
3.3
USER’S SCORE
Trust
3.1
Customer Service
2.8
Pricing
3.5
Trading Experience
3.8
PROS
* Multiple Trading Platforms
* Good Trading Conditions
CONS
* Poor Regulation
* Warning from the ASIC
* Doesn’t Serve Clients in the US
* Notorious for Scamming Clients
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TAGS: 4XCJoao Monteiro
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16 Comments
Show all Most Helpful Highest Rating Lowest Rating
Add your review
* Reply
* JIM K. June 28, 2020 at 3:06 am 1 Trust 10 Customer Service 10 Pricing 20 Trading Experience 40 They charged my account $200 and now I’m left with only $34.6 in my trading account.
* I asked them about this charge and they don’t respond.
* 4XC is a scam. They will steal your money. They don’t notify you about their sudden charges. I only found out about my reduced account balance when I tried to withdraw them.
* They are selfish crooks. HELPFUL (8) UNHELPFUL (7)
* Reply
* MIKHAEL July 2, 2020 at 2:52 pm 1.25 Trust 20 Customer Service 20 Pricing 20 Trading Experience 40 I had opened a trading account with 4XC last year in September. I had deposited 500 EUR in my account and had started trading with it. Things were going well in the start as I would mostly use the indicators my trading platform provided. I would lose some and gain some because trading forex requires you to be patient and alert.
* Seeing how great my account was performing, I deposited another 250 EUR in my account and at that time, my account’s balance was around 923 EUR. I was quite happy with my progress then one day, they froze my account altogether! I contacted their customer support to find out why my account was frozen but they wouldn’t reply. I have sent 4-6 emails to their customer support id but I don’t get any replies there. I also tried to contact them through their social media accounts, but it’s the same. They are thieves who steal your money! I regret depositing all that money in my 4XC account. I wish I would’ve found this 4xCube review before so I wouldn’t have made this mistake. - CONS: Scam Non-existent customer support HELPFUL (7) UNHELPFUL (5)
* Reply
* MICHAEL July 28, 2020 at 8:33 am 2.5 Trust 50 Customer Service 50 Pricing 50 Trading Experience 50 Fake Review, Fake Reviewers HELPFUL (3) UNHELPFUL (3)
* Reply
* MICHAEL WHITAKER July 28, 2020 at 1:41 pm What do you allege is fake in this review? Do you have any specific point, or are just butthurt that someone bothered to tell the truth to the public?
* Reply
* SARAH July 28, 2020 at 10:36 am 1.35 Trust 20 Customer Service 20 Pricing 40 Trading Experience 30 4XC is a SCAM!!! They stole €740 from me!
* My account had €740 last month and they FROZE my account! They didn’t give me a warning or alert me before freezing my account. I still don’t know why they have frozen my account. I have complained about this issue with their customer support multiple times. I sent them emails and called them on their phone but they don’t respond. I got only one response on their email which stated that they are working on my issue. However, it’s been over 5 weeks and I haven’t heard a single thing!
* Seeing the complaints people are sharing here, I’m afraid I might never get my money back. Where was your 4XC review when I was looking for one?? I wouldn’t have lost my money if I knew 4XC is a scam back then. Now, I’m quite sure that I would never get my money from those thieves. - CONS: No customer support freeze account without warning and for no reason HELPFUL (4) UNHELPFUL (4)
* Reply
* DOROTHY BENJAMIN August 13, 2020 at 1:32 am 1.5 Trust 30 Customer Service 30 Pricing 30 Trading Experience 30 They locked me out of my account , I have reached out to them countless times without any response. When I total my out-of-pocket expenses, bonuses given, and real profits made (which I never saw), my losses sum to about $460,000. For each responsible company, I had Excel spreadsheets that detail every transaction I made. After my losses reached the level I couldn’t continue, I set out to finance recovery efforts by so-called recovery experts. I financed so many I do not have an exact count, but there were at least 4 or 6. All failed to recover my money because all the recovery experts were scammers. - CONS: None HELPFUL (3) UNHELPFUL (6)
* Reply
* CAMERON HILL August 19, 2020 at 7:47 pm 0.75 Trust 20 Customer Service 10 Pricing 10 Trading Experience 20 4XC has frozen my account that had $4300 in it. I was using that account since May 2019 and hadn’t faced any problems before except a few. The customer service of that place is HORRIBLE. I keep sending them emails requesting them to reinstate my account because they don’t even specify what mistake I made there in the first place. I’m sure they are a scam now. 4XC had blocked my account in June 2020 and it’s August now! It’s been two months since they revoked my account’s access and stole all my money. Don’t trade with 4XC, they will steal from you. HELPFUL (5) UNHELPFUL (5)
* Reply
* AISHA October 24, 2020 at 5:48 am 1.25 Trust 20 Customer Service 10 Pricing 50 Trading Experience 20 I have been trying to contact the customer support of 4XC but I’m not getting any responses. They say they help their customers but they don’t. I have tried to contact them so many times but they don’t respond at all. Totally a bad company and not worth a penny. - CONS: No customer support HELPFUL (0) UNHELPFUL (3)
* Reply
* DAVE November 3, 2020 at 1:02 pm 1.1 Trust 20 Customer Service 10 Pricing 30 Trading Experience 30 My experience with 4XC was terrible. The platform didn’t accept my orders and it caused me several losses. These technical issues aren’t going away and even though I have contacted 4XC’s customer support several times, I don’t get any responses.
* Guys, I recommend signing up on Binomo. They are much better than 4XC. HELPFUL (0) UNHELPFUL (2)
* Reply
* CRYSTAL L November 10, 2020 at 9:00 am 4.25 Trust 90 Customer Service 80 Pricing 80 Trading Experience 90 I have been more than happy with this broker. Great execution (really) and some very innovative options, we all know brokers are here to make money but if you have no complaints and trade happily they deserve credit where it is due. + PROS: Great customer service/support. - CONS: Not FCA, CySec regulated but really this means very little as we all know. HELPFUL (5) UNHELPFUL (1)
* Reply
* RAMI November 13, 2020 at 3:29 am 1.1 Trust 20 Customer Service 20 Pricing 20 Trading Experience 30 My experience with 4xc has been horrible. The amount of money I have lost there because of their terrible rules is astounding! The worst thing about those people is certainly how they deduct money from your account without notifying you. I am thinking of stop using their services because of this stupidity. HELPFUL (0) UNHELPFUL (3)
* Reply
* DAVID November 13, 2020 at 10:15 am 0.5 Trust 10 Customer Service 10 Pricing 10 Trading Experience 10 Before considering any review on on this website, please check a legitimate review site with verified customers, please also check Gripeo own review on TrustPilot. Delete this comment Gripeo, because i will also screenshot it and post it
* —–EVERYWHERE INCLUDING TRUSTPILOT—– HELPFUL (2) UNHELPFUL (0)
* Reply
* MICHAEL WHITAKER November 13, 2020 at 4:01 pm
*
* Reply
* 4XC SUPPORT TEAM November 13, 2020 at 3:58 pm 5 Trust 100 Customer Service 100 Pricing 100 Trading Experience 100 Dear, Jim K /Mikhael/ Sarah/ Dorothy/ Cameron/ Aisha/ Dave/ Rami,
* Sad to hear that you had a bad experience with 4XC, even though we know you haven’t submitted an honest review (and all our 10.000 active happy clients can validate that).
* Furthermore we consider it miraculous that someone can review 4XC since June when our brand was born in September 2020.
* Verified reviews by verified clients can be found in our Trustpilot account where we are proud to say that we have one of the highest review scores in the FX industry.
* We are proud in what we have accomplished so far, and we work hard to provide the best trading environment to all our clients.
* If you have any questions please do not hesitate to contact our 24/7 Support Team at support@4xc.com.
* Boost your Trading + PROS: -Execution -Spreads -Customer Service - CONS: - HELPFUL (4) UNHELPFUL (2)
* Reply
* MICHAEL WHITAKER November 13, 2020 at 4:01 pm For the record, you simply rebranded 4xcube to 4XC. Stop lying. Stop Scamming. We are not TrustPilot where you can pay $300 to hide negative reviews. https://fxnewsgroup.com/forex-news/retail-forex/exclusive-offshore-fx-broker-4xcube-rebrands-as-4xc/
*
* Reply
* JASON November 20, 2020 at 9:04 pm 0.1 Trust 0 Customer Service 0 Pricing 0 Trading Experience 10 Horrible platform HELPFUL (1) UNHELPFUL (0)
*
LEAVE A REPLY
Be aware, they have been messaging people using images of others, fake identities & impersonating certain individuals to attract new investors.
Many genuine investors and promoters have genuinely been used and abused by the true owners of 4xcube which is now called 4xc.
ASIC has issued a warning against them
It’s a page on http://www.moneysmart.gov.au, which is a part of ASIC’s online work. ASIC has clearly advised people that “this company could be involved in a scam”.
Apparently, 4XC was sending unsolicited emails and messages to citizens of Australia to trade with them. You should know that 4XC doesn’t have a license to operate in Australia.
So, the ASIC had sent a notification to this company. It is another proof that 4XC is nothing more than a fraudulent broker.
4XC is Unreliable: Why Your Funds are Unsafe with them
Poor Regulation
4XC is licensed by the Financial Supervisory Commission of the Cook Islands. Cook Islands is actually an island country located in the South Pacific area which has political links to New Zealand. Cook Islands is an offshore area and it doesn’t regulate CFD brokers, while 4XC is one. Any forex broker can go there and register, like any usual company can, but such a license is not comparable to a license from any reputed agency such as CySEC (Cyprus Securities and Exchange Commission) or FCA of the UK.
Reputed authorities have strict rules and regulations which ensure that a broker works in the interest of its customers, not against them. These rules and regulations prevent scams, and that’s why they are reliable.
Lack of proper regulation is always dangerous, especially when it comes to forex. I recommend that you only deal with brokers that hold regulation from reputed agencies such as CySEC or FCA. Usually, lack of proper regulation is a sign of a scammer and that’s why you should stay away from such brokers.
Doesn’t Serve US Clients
4XC mentions on its website that it doesn’t serve clients based in the US. The US has one of the most reputed regulatory authorities in the forex industry called the National Futures Association. It provides licenses to eligible forex brokers, enforces adherence to its rules and fights fraudulent activities.
4XC gives a vague excuse for not serving US-based clients
4XC gives a vague excuse for not serving US-based clients
The US also has one of the most thriving markets too, so it’s highly suspicious that 4XC doesn’t serve customers here. They give vague excuses when someone asks why they don’t serve customers here, but let me tell you the exact reason why they don’t serve anyone from the United States.
To serve forex trades based in the US, a forex broker must have a license from the NFA, which has many strict regulations. Obviously, 4XC can’t adhere to those regulations because they are running a shady operation. Otherwise, why would a broker deliberately avoid one of the biggest and the most thriving markets in the world?
Warning from ASIC
The Australian Securities and Investments Commission had issued a notification to 4XC because of their fraudulent activities in 2019. The ASIC is the premier organization that handles forex brokers in Australia. You can see that in the screenshot below:
ASIC has issued a warning against 4XC
ASIC has issued a warning against them
It’s a page on http://www.moneysmart.gov.au, which is a part of ASIC’s online work. ASIC has clearly advised people that “this company could be involved in a scam”.
Apparently, 4XC was sending unsolicited emails and messages to citizens of Australia to trade with them. You should know that 4XC doesn’t have a license to operate in Australia.
So, the ASIC had sent a notification to this company. It is another proof that 4XC is nothing more than a fraudulent broker.
Transaction Fees of 4XC
4XC provides its customers with multiple payment options including Vload, Skrill, Bank Wire Transfers, PaySec, sofortBanking, and Neteller. The provision of multiple payment options makes them appear genuine, however, their conditions give another picture.
They have mentioned that they charge deposit and withdrawal fees on their website as you can see below:
4XC charges different fees for transactions according to methods
They charge different fees for transactions according to methods
Because they lack any serious regulation, it raises suspicion on their fees and charges. Respectable authorities ensure that a broker doesn’t have any shady provisions that could result in traders losing their money. 4XC seems very dangerous in this regard.
I recommend you that you shouldn’t trust offshore, poorly regulated brokers like 4XC in this regard. If you open an account with a broker, make sure that you first deposit only the minimum amount they require. Then, you should wait for a day to see if they don’t deduct any hidden fees from it.
Numerous Victims of 4XC
4XC tries to appear scot-free everywhere, but it’s not. There are numerous complaints against 4XC and its shady operations everywhere on the internet. People complain about losing all of their deposits due to 4XC freezing their accounts for no reason.
My 4XC review would be incomplete if I don’t mention how shady brokers scam people. First, they would push you to sign up on their website. When you get there, they redirect you to the sign up page of a terribly shady broker where you provide all of your information.
Now, after you’ve given them your information, you’d start getting calls from other shady brokers.
Sometimes, the broker doesn’t redirect you to someplace else but instead, keeps urging you to invest more. They ignore the market’s conditions and keep requesting you to invest further and make it seem like the more you invest, the more you’d get.
4XC Review: Conclusion
4XC has many qualities but because they lack credible regulation, I can’t recommend their services. You can find many forex brokers who have proper regulation along with such qualities. Working with a poorly regulated broker exposes you to unimaginable risk.
So, in conclusion to my 4XC review, I suggest you stay away from them.
Bunch of scammers protected by FSC.
Disgraceful
Encantado por vuestro buen trabajo. Muchas gracias
I have been trading for long time and I have also my network of clients. I faced lots of problems and delays in other big brokers. In 4xCube I have to be honest and leave my review once they are fast and efficient to deal with the request of my network, my clients and I are very happy and I truly recommend 4xCube. Execution is very good, support team very quick in their answers.
In another broker I was cooperating with, one withdrawal would take 3/4 working days, with 4xCube, usually day after the money is already available.
My clients and myself are very happy.
Thank you
Fake News / Stolen Identity.
Gary Strong Has Never Been A Listed Shareholder Or Director Of The Mentioned Companies.
For Future Reference, We Recommend You Contact The Company Directly And Request The Necessary Information Or Conduct Further Due Diligence.
Haha, lol. Gary Strong, you are pretty famous for being a scammer and a liar, a pathetic little statement like that ain’t gonna help you. the evidence available online about you and your dirty schemes goes back 10 years. You are not a celebrity entrepreneur and all your SM pages wreak of scams so why would anyone want to steal your identity? You are just a scammer from Basildon who portrays ( badly) the illusion of a successful businessman, nothing could be further from the truth. Give up defending yourself, you have too many victims for that to succeed.
This is the most funniest thing ever.
Whoever is posting pretending to be Gary is a complete cock. karma is coming to this person who has no life.
You would have to be a complete cock to pretend to be that scammer, hey Gary?
The latest offering from Garyscam Ltd is 4xprimetrade, superscammy website but he obviously thinks it will do well, still claiming to be registered with the FCA. You might want to check it out because we all know what he’s capable of.
Sure, it sounds interesting but not more confidently at least.
it’s all second-hand knowledge, hearsay from hearsay.
For us here it is rather doubtful, without strong evidences regarding the fraudsters identity it is not more than a typical scam spectacle basing on fake identities and fake case environment.
Do you not wonder that you can’t find official trustworthy publications about a kind of juridical prosecution against this person.
not on any official wanted list… no arrestment… no search and seizure… no court hearing… no conviction or judgment against
I believe that felt a lot of people in investment swindle basing on this “Gary Strong” identity and its websites, all “his” public casts looks completely fraudulent, no doubt.
But for lack of real evidences completely i disbelieve in the pilloried in all this different internet publications as real, identity of so called “Gary Strong” as the fraud offender
I would be happy to find a strong evidence for existing a real identity “Gary Strong” related to the pictures of this man.
I don’t feel confident, that this identity is authentically.
Is here somebody who met this guy in real and saw evidences for his identity.
I don’t mean social media accounts, send by him documents, letters from other companies or attorney with not proofed authentically identity.
I don’t feel confident, that are you not hunting a phantom.
We will grateful her for each hint bot rather-more for reasonable evidences.
Otherwise you should know that “he” is only a name associated with photos what can be misused.
So you waited 8 months to reveal that Gary? Why would that be then? Again there are few blatant lies in that statement but that’s to be expected from you.Why haven’t you taken this information to the authorities? It’s pretty damning evidence if it’s true.
Because he asked his clients to set stop loss at 1usd and he wants to divert attention.
Blame yourself for the failure Gary.
As if the Regulator and the Financial Commission wouldn’t be able to detect this if it was the case.
Has anyone had dealings with these two: Joao Monteiro or John Goddard?
I met both John and Joao in late 2018. We meet at a China FX event where they was both promoting 8topuz and 4xcube. I was very impressed with them both. Both John and Joao said they was both Executive Directors of 8topuz and owned a brokerage called 4xcube that is based in the Cook Islands.
They recommended me to use their trading software 8topuz that had been running for 4 years and had some very successful IBS using it. They also recommend me to use their brokerage for cheap executions of trades. I had my lawyer follow up with due diligence and everything came back, ok.
They was eager for high funds to be deposited, in return they offered me a partnership with shares in 4xcube and possibilities of becoming a Director and other future possibilities of other companies such as other algo trading businesses like 8topuz. They was working on launching around 12 by end of 2019. Many of the IBs could use these also to help promote new investors to sign up to 4xcube whilst using the 8topuz algo.
I had eventually invested over $4million by April 2019. I was very happy with the trading performance. I started to introduce this trading software to my network of investors as I run my own wealth group in Sydney and had many loyal followers. Naturally I had no reason to believe this was by any means a scam or a weak trading company. Everyone set up their individual accounts and we all signed the same terms and conditions.
In total we had close to $20 million under management. We had arranged for 5, 10-year projections and we was all compounding our funds for this time period. Some investors were adding extra cash to compound one account monthly to top up on some higher targeted algorithms. The focus group wanted the ability to add more funds more than they could afford so they set up several accounts, 10% in high risk, high returns, 30% in medium and 60% in a safe low performance algo 2% ave.
However, the software is nothing more than a martingale strategy which was manipulated to distort prices and payouts, without notice your account will be closed and all the money you invest will go straight into the fraudsters bank account.
No trading rules we had agreed and signed for or procedures was being followed and the gains and losses made are all imaginary. The master stop loss we had set up for all accounts across all strategies was not followed and all accounts was wiped out in 7 days. They had refused to use agreed stop loss.
Joao Monteiro and John Goddard said it was just bad market conditions, but I have had the trades analysed. I have also managed to speak to other IBS that also lost money this year to confirm my doubts. Several stories has confirmed my gut feeling. This was a set up from 4xcube to net the losses, using 8tpuz was the tool all IBs used. I am speaking with ASIC and legal to develop more evidence. They have been trading for 1 year and wiped out hundreds of accounts from around the world.
I now believe between 4xcube and 8topuz, they tempt investors and IBs with a promise of solid fortunes through ‘secret trading formulas’ or algorithm-based ‘proprietary’ trading methodologies or ‘forex robot’. But beware the systems and formulas used by them was changed without notifying me or other IBs that brought funds in. They started to perform trades outside what we had signed for in our contacts.
I now believe both 4xcube and 8topuz uses IBs to bring in funds on a promise of building something amazing only to pull the plug and leave them to pick up the pieces whilst they say all they did was to execute the trades of the algo. More and more IBs are now saying the same and coming forward.
2 IBs has been taking legal action against them all this year but they refuse to speak to me as it can impact their own legal case.
I am eager to hear from more IBs that they have set up.
Don’t be used. Speak out.
Another IB sucker
Given that ASIC has formally advised that it considers 4xCube Ltd to be part of an international scam, and has publically listed a warning in relation to this group, ANZ strongly recommends that you send no further funds to these entities.
4xcube also owned by 8topuz which was called Paragon Trading before last year. Wouldn’t this be apart of an international scam especially as they are the same owners.
You can access the specific ASIC warning at the following internet address:
https://www.moneysmart.gov.au/scams/companies-you-should-not-deal-with/unlicensed-companies-list/0-9/4xcube-ltd
cybersecurity officer Shaun Harris on shaun@cybersecurity.asn.au
Dear Investor1955,
Once again we highlight this is a review page of 4xCube Ltd and not of any of past or present business introducers.
we HEREBY require you to cease and desist from associating 4xCube to FX scam businesses meant to mislead your readers;
For several occasions we have explained the facts both publicly and in reply to direct inquiries.
Once again we highlight the fact that 4xCube is an Execution-only Broker, and for that fact we do not hold responsibility for any trading performed by 3rd parties using our trading venue.
Failure to comply with these requirements will force 4xCube to take legal action against you and demand compensation for any losses caused and will be caused as a direct result of the defamatory statements and misrepresentations. Please note that in this event you may be charged additionally with legal fees relating to any interim proceedings instituted in the country of origin.
Consider this a last warning.
Once again we are available to provide any clarification of facts or trading history.
4xCube Team Area
Rodriquez Yokomov” is actually Joao Montero from 4x cube
If John Goddard and Joao Monterio are both Directors of 4xcube, but also the owners of 8topuz Consulting that was called Paragon Trading before last year, isn’t that a conflict of interest?
I suggest you remove this review Gary. You’ve mentioned a few innocent people’s name there, using blatant lies. That’s slander , and if you’ld like to back up those outrageous claims, then My lawyers will be more than happy to talk to yours, but we all know you’re full of shit eh?
What an idiot,Gary Strong wrote the previous review, all the people he names are victims of his, what a charmer!! Absolutely pathetic, is that all you can do Gary the scammer?
Gary Strong was running a ponzi scam at 4xcube, he wiped out $1.2 million of investors money, instead of going to the police and helping the victims 4xcube tried to cover it up and pretend it never happened, claiming that the scam is not their problem as they are execution only brokers.What they should have done was go straight to the authorities and help get Gary Strong sent down, the large amount evidence was sufficient for a conviction, it is a mystery why they did nothing.
Dear Eliza,
We regret to hear that you had a bad experience with 4xCube, even though we aren’t able to identify your account based on the below review.
I assume you’ve subscribed a trading strategy from an independent strategy provider, giving him powers to trade on your behalf.
Please bare in mind this is a 4xcube review page and not for Gary Strong.
Our Terms and Conditions of PAMM Investing are available in our webpage on link below:
https://4xcube.com/wp-content/uploads/2019/06/Investor-Investing-in-Strategy-TCs.pdf
Furthermore, we highlight across all our website the high risks associated to FX/CFDs trading.
We understand your disappointment with your investment, and as always we will be available to clarify any of your further questions.
4xCube Support Team