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4x.fm ECN Broker – 1:500 Leverage on Crypto & Forex (Review)

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Forex trading has seen a tremendous growth in popularity over the past decade due to the rise of high-speed internet and the plethora of educational resources available about the topic. 

4x.fm is one forex platform that stands out as a legitimate choice when it comes to trading a wide range of assets that includes commodities, cryptocurrencies, stocks, and more. It’s all offered on a Top of the line trading platform meant to make trading as easy, and profitable, as possible

This article will offer a comprehensive 4x.fm review, what to expect from the trading platform, and answer some of the most commonly asked questions about 4x.fm.

1:500 Leverage Means Great Potential for Profit

One of the best things that 4x.fm offers is high leverage. This does have its share of risk, but it’s undeniably one of the best ways to quickly make a large profit. 4x.fm offers 1:500 leverage on currencies and cryptocurrencies, which have the most volatility.

High volatility means more potential to see outsized profits when trading with leverage. 

While other platforms may offer higher leverage, none of those platforms have the same reliability and trustworthiness as 4x.fm, which brings us to the next point.

4x.fm is an ECN Broker

4x.fm is an ECN broker. This is a massive positive for anyone looking to trade forex or other assets. Now, you may wonder, what is an ECN broker?

First of all, ECN stands for electronic communications network. This means the broker provides clients with access to far more market participants than non-ECN brokers. To acquire a deeper understanding of the operational practices of Forex brokers, you may peruse this site about Forex brokers TopBrokers for further information

The end result is that the end user will see a much tighter spread on the bid and ask price than the spread from a non-ECN broker. 

The other benefit of this is that it’s impossible for an ECN broker to bet against the client. They essentially serve as a matchmaker between the client and other market participants.

No Trading Fees

ECN brokers generally have higher trading fees than non-ECN brokers. These fees are often charged per trade, which can turn a profitable trader into an unprofitable trader. 

It can often negate the benefit of using an ECN broker. 

Fortunately, 4x.fm does not have any trading fees nor do they have any withdrawal or deposit fees

This means you can trade without needing to worry about fees eating into your profit margin. It’s a massive boon to any trader. Trading fees or the number one issue that many traders have with otherwise good forex brokers, and that is simply not a problem with 4x.fm. 

Easy Deposits and Withdrawals

Most forex brokers make depositing money easy – that’s how they make their money. 

4x.fm is no different. Customers can deposit money via wire transfer, cryptocurrency, or via credit card. 

The many options available to deposit funds makes it very easy for anyone in any country to put funds onto their account.

The best part, however, is that 4x.fm does not charge any deposit fees. The same cannot be said about other popular forex brokers. 

As for withdrawals, 4x.fm makes those easy as well. Customers can choose to withdraw their funds via cryptocurrency or wire transfer. In the case of cryptocurrency, the withdrawal is done almost instantly. Wire transfers will be processed on the next business day. 

Most importantly, 4x.fm does not have any withdrawal fees

It’s always disappointing to see your hard earned profit be eaten away by a 5% or 10% withdrawal fee, so it’s very nice that 4x.fm does not charge withdrawal fees. 

It’s important to note, though, that customers will have to pay any bank fees or cryptocurrency fees when withdrawing their funds. This is standard practice for every financial institution in the world, so it’s nothing to worry about. 4x.fm does not charge any fees themselves.

Professional Service and Excellent Trading Platform

We cannot emphasize enough how much we love the trading platform that 4x.fm uses alongside their very professional customer service. 

It’s shockingly common to see poor customer service in the forex industry. 4x.fm bucks that trend by providing some of the best customer service in the industry. All customers receive an account manager that can help them with any account issues that may arise. A customer service line is available 24/7 and available in multiple languages. 

4x.fm’s trading platform is also top-of-the-line while still being simple to use. It provides over 30 data points, so traders can easily spot trends.  

Frequently Asked Questions (FAQ)

Here are some questions that people frequently ask about forex brokers and 4x.fm. 

  • Is 4x.fm a Scam?

No, 4x.fm is not a scam. It is a legitimate, licensed forex broker. They are a licensed broker with the Autonomous Isle of Mwali, which requires paying a $250,000 USD bond. 

They also have high customer reviews with no reported issues withdrawing money or front running trades. 4x.fm is a forex broker that you can trust.

  • Is 4x.fm Secure?

Yes, 4x.fm is secure. They take their security very seriously. They use 256-bit SSL encryption to keep customer information secure – no one can crack 256-bit SSL encryption, so your information is safe. 

They also keep client funds separate from corporate funds. This ensures that they will always have money available when you want to withdraw your funds.

  • Can I Make Money with 4x.fm?

Yes, it’s possible to make money with 4x.fm. Forex trading is difficult, so it’s by no means guaranteed. However, they set their customers up with all the right tools to ensure the highest chances of turning a profit. 

The lack of trading fees and withdrawal fees also ensures that you keep most of your profit.  

Final Thoughts

To summarize, we love 4x.fm as a forex broker. The non-existent fees, excellent customer service, high leverage, and ECN compatibility makes it a great choice for both beginner and advanced traders. It’s a safe forex broker and one that every forex trader should strongly consider using.

 

Kossi Adzo is the editor and author of Startup.info. He is software engineer. Innovation, Businesses and companies are his passion. He filled several patents in IT & Communication technologies. He manages the technical operations at Startup.info.

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