Encore4x

Encore4x Information

Encore4x is a broker. The tradable instruments include crude oil, gold, currencies, and more. The broker also provides three accounts with a maximum leverage of 1:400, including mini, premium, and VIP. The minimum spread is from 0.8 pips and the minimum deposit is $10. Encore4x is still risky due to its unregulated status.

Pros and Cons

Is Encore4x Legit?

Encore4x is not regulated, making it less safe than regulated brokers.

What Can I Trade on Encore4x?

Encore4x offers various market instruments, including crude oil, gold, currencies, and more.

Account Type

Encore4x has three account types: mini, premium, and VIP. Traders who want low spreads and low leverage can choose a VIP account, while those with a small budget can open a mini account. In addition, the demo account is predominantly used for familiarizing traders with the trading platform and for educational purposes only.

Encore4x Fees

The spread is from 0.8 pips, the commission is 0. The lower the spread, the faster the liquidity.

Leverage

The Mini account's maximum leverage is 1:400meaning that profits and losses are magnified 400 times.

Trading Platform

Encore4x cooperates with the authoritative MT5 trading platform to trade. Traders with rich experience are more suitable for using MT5. MT5 not only provides various trading strategies but also implements EA systems.

Deposit and Withdrawal

The minimum deposit is $10. Encore4x accepts Visa, MasterCard, Skrill, Visa Electron, Neteller, Perfect Money, Bitcoin, and more for deposit and withdrawal. However, the official website is inaccessible, transfer processing times and associated fees are unknown.