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• Our Review Method

• Is 4xincome Scam or Legit Broker?

• What is 4xincome?

• Conclusion

Our Review Method ▲

In our rigorous review process, a team of seasoned financial specialists, boasting more than 20 years of experience in Forex trading, carries out an exhaustive evaluation of various trading services. Our team delves deep into the investigation of fees, assesses the trading platforms, and verifies adherence to regulatory standards. We also interact directly with customer support and conduct actual trades to gain a real-world understanding of the trading conditions. This comprehensive approach enables us to provide informed insights and advice on why we recommend avoiding 4xincome due to the issues we've identified.

Is 4xincome Scam or Legit Broker? ▲

It is our considered opinion that engaging in transactions with 4xincome is not a secure investment choice. 4xincome, a venture of Sky Hub Limited, finds its base in St. Vincent and the Grenadines, a location infamous for its leniency towards the operational requisites of forex trading entities. The jurisdiction's minimalistic approach and negligible requirements have rendered it a sanctuary for brokers of dubious repute, including CF Merchants and Monfex, among others. For a more in-depth understanding of the risks associated with brokers from St. Vincent and the Grenadines, we have compiled a thorough discourse on the subject.

What is 4xincome? ▲

4xincome positions itself as a platform dedicated to social trading and investment, promoting an environment where users can observe, emulate, and initiate their own financial trades. The array of trading instruments it purports to offer is extensive, encompassing over 60 currency pairs, Contracts for Difference (CFDs) on Spot metals and Indices, and more than 180 Share CFDs.

However, a glaring omission in the broker’s presentation is the lack of any regulatory credentials, casting serious doubts about its supervisory status. Adding to the concerns is the absence of direct contact information on its platform, compelling prospective clients to leave their contact details and potentially subject themselves to incessant solicitation. This modus operandi is characteristic of offshore investment scams, further eroding the credibility of 4xincome.

Conclusion ▲

Our advice to investors and traders is unequivocal: steer clear of 4xincome and similar entities operating out of St. Vincent and the Grenadines. The absence of regulation or the possession of an offshore license does not inspire confidence. The risks associated with entrusting funds to such entities are considerable, as many have a history of engaging in fraudulent investment schemes.

4xincome Update

In a recent development, the 4xincome website has become inaccessible, signaling a discontinuation of its trading services and the option for account creation. Despite this, vigilance is advised for traders, as the possibility of receiving unsolicited trading propositions remains. Our stance remains firm on the advisability of avoiding engagement with this broker.