Global Forex Broker Regulatory Inquiry APP

Score

3.76 /10
Danger

4xHub

Malaysia

2-5 years

Regulated in Malaysia

Straight Through Processing(STP)

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 29

Exposure

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Website

Score

License Index 3.92
Business Index 6.22
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 3.89
The WikiFX Score of this broker is reduced because of too many complaints!
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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Contact number

English

+61 (0) 288 665 300

Broker Information

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Company Name

4xHub Limited

Company Abbreviation

4xHub

Platform registered country and region

Malaysia

Company website

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2023-06-01
  • The number of the complaints received by WikiFX have reached 25 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Pyramid scheme complaint
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    4xHub · Company summary

    General Information& Regulation

    4xHub Limited (www.4xhub.com) is a company duly incorporated in Labuan (Malaysia) with company number LL16731, concentrating on providing FX focused products. It is authorized and regulated by the Labuan Financial Services Authority (LFSA) in Malaysia under license number MB/20/0055.

    Market Instruments

    4xHub provides investors with a range of financial instruments including Forex, Indices, Commodities and Stocks.

    Accounts & Leverage

    4xHub offers four account types: Standard (initial deposit $200), ECN Raw (initial deposit $5,000), Robot (initial deposit $2,000) and Institutional (initial deposit $50,000). The maximum leverage for those accounts is up to 1:100.

    Spreads & Commissions

    The Forex market offers over 64 currency pairs. For the Raw Spread Account, the average spread of EURUSD is 0.1 pips, GBPUSD & EURGBP 0.4 pips, USDJPY 0.2 pips, EURJPY 0.3 pips and GBPJPY 0.8 pips. For the Standard Account, the minimum spread is 1.0 pips, and the average spread of EURUSD is 1.1 pips, GBPUSD & EURGBP 1.4 pips, USDJPY 1.2 pips, EURJPY 1.3 pips and GBPJPY 1.8 pips. Theres zero commission for the Standard Account and $3.5 ($7.0 per lot roundturn) for the Raw Spread Account.

    Trading Platform

    4xHub offers clients the opportunity to trade on the MetaTrader 4 platform and “4xHub Pro” platform.

    Deposit & Withdrawal

    4xHub does not charge any additional fees for deposits or withdrawals. Credit / Debit Card withdrawals are processed free of charge. To withdraw an amount more than the sum deposited by Verified by Visa/MasterCard Secure Credit/Debit Card, customers will be required to use another deposit method that has been used earlier or a bank wire transfer option.

    Trading Hours

    The Forex market is open 24 hours a day, 5 days a week. The trading hours for all currency pairs is 00:01 server time to 23:59 server time daily (23:57 on Friday), whereas for Gold is 01:02 server time to 23:57. All other Metals (XAG, XPD, XPT) open for trading at 01:00 server time (Monday) and close at 23:59 server time daily (23:57 on Friday).

    Risk

    Investing in margin foreign exchange and CFD's contracts carries significant risks and is not suitable for all investors. You could lose substantially more than your initial investment.

    News

      WikiFX Review: Is 4xHub trustworthy?

    Exposure WikiFX Review: Is 4xHub trustworthy?

    2023-04-23 17:08

    In today’s article, we are going to talk about a broker called 4xHub. Is 4xHub trustworthy?

    WikiFX
    2023-04-23 17:08
    Exposure
      WikiFX Review: Is 4xHub trustworthy?
    Who Are the Top 10 Scandalous Forex Brokers?

    ExposureWho Are the Top 10 Scandalous Forex Brokers?

    2022-09-20 19:30

    WikiFX hosts an extensive database with verified information of over 39,000 forex brokers. Therefore, it is safe to say that we are your one-stop solution for all broker-related enquiries.

    WikiFX
    2022-09-20 19:30
    Exposure
    Who Are the Top 10 Scandalous Forex Brokers?

    User Reviews

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    User comment

    13

    Comments

    Write a review

    可人
    more than one year
    Liar company, pay me back my hard-earned money
    2022-12-19 19:41
    Reply
    0
    0
    追风筝的人64956
    more than one year
    To be nice I give it one star. This company is a nice scam. Your odds are better by buying lottery tickets. You will not find a positive review. Don’t waste your time!
    2022-12-11 10:35
    Reply
    0
    1
    超强辅助
    more than one year
    too slow
    2022-12-07 17:19
    Reply
    0
    0
    FX1111417435
    more than one year
    I used this broker one years ago, i have to say that its customer support sucks, they cannot even get what are you talking about. Stupid support staff made me lose $3,000.
    2022-12-06 15:18
    Reply
    0
    0
    笑看人生23714
    6-12months
    I want to know if calling the police is useful? It's better to go to the police together, at least to send the superiors in.
    2022-11-21 18:06
    Reply
    0
    2
    笑看人生23714
    6-12months
    I want to ask what supervision is for, if something goes wrong, you don’t come out to speak
    2022-11-21 13:00
    Reply
    0
    1
    无悔63758
    more than one year
    The last time was the last time, the time is different
    2022-11-04 13:20
    Reply
    0
    2
    百利好环球招商部
    more than one year
    NO
    2022-10-21 14:04
    Reply
    0
    0
    百利好环球招商部
    more than one year
    come here
    2022-10-21 14:02
    Reply
    0
    0
    c陈静
    6-12months
    From the time the old man was tricked in, he told her that it was a scam. Eat a cut, grow a wiser, the hateful thing is to go online
    2022-09-21 18:02
    Reply
    0
    3
    29
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    Official Email:support@wikifx.com;
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