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4XEX (4xtra)

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Operating status: SCAM

Website: https://4xex.com/; http://4xtra.io/

Broker violations and abnormal records
  • 2023-09-12 The UK FCA issued a Warning against 4XEX

    On 12 September 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that 4XEX was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/4xex-4xexcom

    On 12 September 2023, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that 4XEX was providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/4xex-4xexcom
  • 2023-09-12 BrokersView has Reviewed that 4XEX is an Unregulated Broker

    4XEX claims to be regulated by Financial Services Authority(FSA), upon investigation, there is no matching information was found.

    The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that 4XEX was providing finacial services or products without authorisation.

    The truth is that 4XEX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.

    4XEX is a scam.

    4XEX claims to be regulated by Financial Services Authority(FSA), upon investigation, there is no matching information was found.The United Kingdom Financial Conduct Authority (UK FCA) issued a warning that 4XEX was providing finacial services or products without authorisation.The truth is that 4XEX is not regulated by any regulators. Letting it hold or control investors' money is unsafe, and the money can not be protected by any laws.4XEX is a scam.
  • 2024-02-05 The FCA discovers a new trading name of 4XEX, 4xtra

    On Feb 6, 2024, the Financial Conduct Authority (FCA) discovered a new trading name and domain of 4XEX: 4xtra on https://4xtra.io/. Investors should be aware of the risks involved and stay away from it.

    https://www.fca.org.uk/news/warnings/4xex-4xexcom-4xtraio

    On Feb 6, 2024, the Financial Conduct Authority (FCA) discovered a new trading name and domain of 4XEX: 4xtra on https://4xtra.io/. Investors should be aware of the risks involved and stay away from it.https://www.fca.org.uk/news/warnings/4xex-4xexcom-4xtraio

Related Complaints

Q&A

Did 4XEX get license?

Sophia Dann
Cyprus
2023-10-17
ANSWER 4XEX does not have any licenses to operate as a forex broker.It claims to be registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), but there are no records in the SVG FSA register that match 4XEX. Therefore, its registration claim is false. Moreover, the offshore financial watchdog has clearly stated that it does not issue licenses for forex trading or regulate entities involved in such activities. Even if 4XEX were registered with the SVG FSA, its offerings would still be unlicensed.Additionally, its unlicensed activities have drawn a warning from the Financial Conduct Authority (FCA), the financial regulatory body in the UK. To caution the public about the risks of dealing with this unauthorized firm, the FCA has issued a warning against 4XEX.Therefore, BrokersView strongly suggests investors steer clear of 4XEX. Individuals dealing with an unlicensed broker like 4XEX are at great risk of suffering financial losses and identity theft. It could be financially and personally devastating. To mitigate such risks, it is advisable to choose a fully regulated broker instead.
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