4x-Trade Review: 4x-Trade.com A Terrible  Scam 

4X-trade is an offshore broker that aims to take your trading to the top. They claim to apply simple steps to buy bitcoins. They also promise traders a 10%  bonus on the first deposit. However, do not be quick to invest with them yet, as they showcase so many red flags why you should not invest a single coin with them.

They use MetaTrader 4, and apparently, this is the only positive factor regarding 4X-Trade. Hence as an expert trader would consider transparency a priority, you ought to follow similar steps to earn profits, don’t you think.

Accordingly, trading with these reliable forex brokers will attract reasonable profits your way, and you will earn considerable returns. They apply tried and tested techniques that work to attract profits your way. Also, unlike 4X-Trade, they apply risk management measures that are reliable in curbing losses that may result from the high volatility in the market.

4X- Trade is not a liable trading entity to invest a single coin of your hard-earned cash. Thus as you read this unprejudiced review on 4X-trade.com, you might have to reconsider any investment decisions you have with them.

4X-trade.com Review 

4x-trade.com does not reveal any data of the founders or team of employees behind its operations. Hence relying on their trade methods may be tragic for you and lead to losses of funds. The risk of trading with criminals or people who have no idea how the market operates is also very high.

So before you decide to go fully in with an automated trade system, you should fully understand how they operate and confirm the safety of your money and personal information. Besides, if you share certain data, the risk of dealing with anonymous brokers only exposes you to scammers.

4X-Trade does not require any special knowledge to open an account. The website is poorly done. You acha immediately notice the red flags they showcase. To access their services, you can download the platform through download on Android and iOS devices.

How they offer; Forex, Stocks, and Commodities trading services is questionable, and they do not have any trade activities evidence. 4X-trade.com claims to have live charts of the various market prices.

Accordingly, the trading world faces high volatility, and you risk relying on market analysis that has already expired. They also have a forex calculator to estimate your returns, but none of their offer is important for trading.

How 4X-Trade.com Operates

4x-Trade.com does not seem to feature any techniques that are special in beating the market while trading. Additionally, they do not have any trade activities, and you can verify the same as they lack past trade data.

You should see the kind of returns others are making before you make any investment steps. They will use the 10% bonus claim to lure you into making a deposit. This figure is not withdrawable, and you will have to complete some tasks before accessing your funds.

4X-Trade will urge you to take advantage of one-time offers, and when the due date approaches, they further postpone the date. They will hold your funds for as long as they can until you finally give up. They do not seem to showcase any techniques to help take your trading to the top as they promise. Therefore you should stay away from the platform and any services they promise you.

Testimonials

4X-Trade does have a common trait as most scammers in the market. The use of false attractive data as an attempt to lure innocent customers into the company. Accordingly, testimonials are highly recommendable and welcome to any investment firm.

However, falling for false claims will expose you to scammers. So you should be capable of verifying any information showing traders benefiting from their services. You should see past trade data for atleast three months or more.

4X-Trade has customers who claim to have benefited profitably from the company. However, the people’s whose names and images have been used do not match. They show images of the CEO, but all this data has been made up to appear that they are making profits. Legit testimonials should always have some backup.

4X-trade Investment Plan 

4X-Trade has various investment plans that you can choose to benefit from. However, there are no special reasons why you should pay more for their services based on the murkiness they expose. They have up to five accounts; the Basic minimum deposit is €250  with daily briefing, access to video tutorials, and access to mobile platforms.

The advanced plan costs €5,000 with similar services to the first plan. The only variance is access to webinars and Seminars. Pro and Premium accounts allow you to trade up to €50,000, and until you pay such figures, you can get personal customer care.

Deposit and Withdrawals

4X-Trade accepts multiple payment options that you can use to find your account. However, we highly recommend that you stick to credit/Debit options to file for a chargeback up to 540days after deposit. They feature options such as Skrill, Neteller and Crypto payment. However, for wire transfers and Cryptocurrencies, once you make a deposit, you can barely claim your funds back.

Also, investing your funds with anonymous people is not advisable. They do not have a demo account to test how the software works before you can finally invest your money. The minimum amount you can deposit is €250.

Accordingly, for Withdrawals, you will have to provide some documentation and await verification. Also, no single customer is seen to benefit from the platform, and your funds are likely to get lost.  You can save yourself by investing with these legit brokers that accept credit/debit payments. 

Customer Support

4X-Trade does not have reliable customer service that shows they keep your needs first. Consequently, working customer support helps gain more trust with the entity, which creates a user-friendly interface. Therefore you should first test that the method they provide for communication is effective and functional.

4X-Trade has only one means of reaching them. They use a chat section that we highly doubt you will receive any response to. Furthermore, scammers are fond of blocking your details when they have all your money. So once they have your funds or require some assistance, you will have a hard time in 4X-Trade.com.

4X-trade Regulation Status

4X-Trade does not fall under any regulator, and this only means that they are operating illegally. Furthermore, it is illegal in most countries for trading platforms to access funds from the public without adhering to regulation. Accordingly, regulated forex brokers showcase a high level of transparency, and you can find the legal regulation certificates and counter checks with the legal bodies.

On the other hand, unregulated brokers do not last for long in the market. They can barely afford to pay regulation fees, and they may also end up facing bankruptcy at any time. They can also break trading guidelines anyhow, and they are not bound to any guidelines.  The entity feature a location address; Marshall Islands MH96960 though it turns out the location has been made up during our research.

Final Verdict

4X-Trade does not adhere to any trade measures. They do not have any trading approach that is reliable or well known. Accordingly, you cannot count on the software they use, and the kind of algorithm it uses is also murky. Therefore you should avoid any broker that portrays some murkiness as they always have a hidden agenda.

You can opt to invest with these forex brokers and earn considerable investment returns. Unlike inviting your friends and family into the company, which will only expose them to become scam victims. Thus you should always do thorough research from trustworthy sources.

 

Tags: 4X-trade Review, 4X-trade.com Review