Time4X Review

Is Time4X Scam or Legit Broker?

It is not safe to trade with Time4X as it is an offshore unregulated broker. That means, Time4X is a scam and does not comply with strict international rules that provide protective measures to the traders. 

What is Time4X?

Time4X is owned by FAH Investment LTD. It is an offshore Forex broker registered in St. Vincent and the Grenadines with a Financial Services Authority.

• It is risky to deal with offshore brokers as it takes about $2000 to get the license. The main advantages of having an offshore license are low costs, and speed of formation (it takes only a few weeks to get one).
• On the other hand, the UK’s Financial Conduct Authority license costs USD 50,000 and needs USD 100,000 of capital for the STP license aside from client deposits. In case, of obtaining Italian trading license with the CONSOB, the company would need to have EUR 50,000 of corporate capital.

Time4X Review Conclusion

We strongly advise opening a trading account only with brokers that are regulated by respected world authorities that comply with the required set of rules and a good reputation through the delivered timeframe of operations. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as HotForex and Eightcap.

Time4X Update

Our research showed that the Time4X Website is inactive. Since money safety in forex goes first we recommend avoiding any proposals from Time4X and staying alert.