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WikiFX Review: Is 4xHub trustworthy?

WikiFX | 2023-04-23 17:08

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

About 4xHub

4xHub is an online forex broker registered in Malaysia. It has a 2to 5 years of trading experience. The physical address of this broker is LOT 7616, Kensington Gardens, Jalan Jumidar Buyong, Labuan FT 87000, Malaysia. WikiFX has given this broker a low score of 3.75/10. Traders need to check this broker with care.

Regulation

4xHub is a regulated broker based on what WikiFX investigates. 4xHub has been regulated by Labuan Financial Services Authority with license number MB/20/0055.

Inaccessible Website

For some unknown reason, we cannot open the website of 4xHub. It is very dangerous if you cannot get access to the website of the broker you are trading with. It can be multiple reasons why brokers shut their websites down. One is that they are scams. After they take traders money away fraudulently, they want to cut off contact with the victims immediately. Therefore, people cannot find them as their websites are not available. Another reason is that their website is being restricted by the authority. Whatever the reason is, an unavailable website proves the unreliability of 4xHub.

Account Types & Minimum Deposit

4xHub provides clients with three different types of accounts. Classic, Professional, and VIP. For Classic account, the minimum deposit is $, £, € 100; For Professional account, the minimum deposit is $, £, € 2000. For the VIP account, the minimum deposit is $, £, € 50,000.

Leverage

This broker offers leverage of up to 100, which is pretty normal in the forex industry.

Exposures

4xHub is an online forex broker. WikiFX has received about ten complaints against this broker. The problem traders complain about the most lies in withdrawal rejection.

Conclusion

WikiFX warns you that this broker is not reliable as you may think it is. Too many complaints are enough to persuade you to choose an alternative instead. If you want more information about certain brokers' reliability, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP to find your most trusted broker.

Broker Forex Broker

Related broker

No Regulation

4xHub

Company name：4xHub Limited

Score

1.54

5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.54

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