Read our 4xex review to see if we recommend this broker for trading. Just to clear doubts, this is a 4xex.com review.
Is 4xex Legit?
After taking a look at their website, it shows that they do not fall under any regulating agency. That is a MAJOR RED FLAG!! That should be enough for you NOT to invest with them. And they also work with websites that offer “Automated trading software” which is another red flag, as this kind of websites are infamous for scamming schemes.
So, 4xex is just another unregulated forex broker, which means the customers aren’t protected, and there is highly likely they will get away with your hard-earned money and there will be no regulating agency to hold them responsible.
How does the scam work?
Usually, unregulated forex brokers work in the following way. They will call people to persuade them to make the initial minimum deposit. And they will try any conceivable method in order to make that happen. They will offer deals that sound too good to be true. Like we will double your initial deposit or you will make hundreds of dollars per day easily. Please don’t fall for anything they say!!! It is a SCAM! After making the initial deposit, they transfer clients to a smarter scammer, called a “retention agent”, who will try to get more money out of you. Also, one thing we need to add here is: don’t trust the good 4xex reviews you might see online. They pay websites and services to improve their online reputation by posting good reviews about them.
Withdrawing funds
You should submit a withdrawal request ASAP, because your funds are never safe with an unregulated broker. And here is when things get tricky.
If you want to withdraw your money and it does not matter if you have profits or not, they will delay the withdrawing process for months. If they delay it for six months, you won’t be able to file a chargeback anymore and your money is gone for good. It doesn’t matter how often you remind them or insist in withdrawing your money, you will NOT get them back. And if you signed the Managed Account Agreement or MAA, which is basically authorizing them to do anything they want on your account, they will lose all your funds so there won’t be anything to request anymore.
How to get your money back 4xex?
If you already deposited your money with them and they refuse to give your money back, which is very likely to happen, don’t worry, it might be a way or two to get your money back.
First of all, you need to keep the emails as proof that you have been requesting the money back from them but they don’t give it to you. Or they delay the process for too long, with the intention of not refunding your money.
The first thing you should do is perform a chargeback! And you should do this right away! Contact your bank or credit card provider and explain how they deceived you into depositing money for a non-regulated trading company. Mention also that they refuse to give your money back. This is the simplest way of getting your money back and is also the way that hurts them the most. Because if there are many chargebacks performed, it will destroy their relation with the payment service providers. If you haven’t done this before or you are not sure where to start or how to present your case to your bank or credit card company, we can assist you in preparing your chargeback case. Just contact [email protected] but don’t let your broker know they you read this article or that you are contacting us.
What about wires?
If you sent them a wire, there is no way to perform a chargeback on a wire. For this step you need to raise the fight to a different level. Tell them you will go to the authorities and file a complaint against them. That will get them to rethink the refund possibility. Another thing you can do is prepare a letter or email for the regulating agencies. Depending on where you live, you can search google to find the regulatory agency for Forex brokers in your country. After that you can prepare a letter or an email describing how they deceived you. Make sure you show this letter or email to them, and tell them you will send it to the regulating agency if they don’t refund your money. If you don’t know where to start, reach us at [email protected] and we’ll help you with this step as well.
Make sure you leave 4xex reviews in other sites
Another way to hurt them and save other people from falling victims is to leave bad reviews on other sites. See what other sites have posted reviews about 4xex, and describe shortly what happened. If you fallen victim, please leave a review and a comment on this site at the comment section. Also, when these people change their website, they tend to call the old clients. So, if they call you from a new website, mention it in the comment or let us know about it. That would be really appreciated by us by our users. Also, if you get phone calls from other companies, please put the name of these companies also in the comment. Or you can send them to us and we will expose them too.
4xex Review Conclusions
Making the 4xex review was our pleasure, and we hope to save as many people from losing their hard-earned money. A good rule of thumb is to carefully review all the Forex companies and any other company for that matter, before you perform any transaction. We hope that our 4xex review has been helpful to you. If you have any questions or you need an advice about the withdrawing process, feel free to contact us at [email protected] or by using this contact form.
If you like to trade, please do it with a trustworthy, regulated broker, by choosing one of the brokers listed below.
4xex you are scammers. This company breeds manipulative bullies who will get aggressive and take all your money and run off with it. You do not deserve any stars but being behind bars until you rot. Karma will get each and every one of you and your family. You steal from hardworking innocent people. You hide behind text and phone call. People need to know about your trading platform. Everyone has had difficulties with withdrawals. You scammers. You will suffer in hell!!
(1/5)
These are SCAMMERS they are not regulated by the fca because I have checked they KEEP CALLING EVERY DAY even though I have asked nicely not to bother me, they have abused and bullied me to investing and are still continuing to do so,The abuse by the company calling me an old hagg and taking advantage of me bieng ill was the last straw,demoralising my life NOW F/O YOU ARE pxxxxxx ME OFF 4xex,I DONT WANT YOUR SERVICES IF YOU KEEP GIVING MY NUMBER OUT to your team to call me everyday IM giving THE Numbers called to my phone to the POLICE ON THIS COMPANY, I have checked and you are not conducted by the fca you are now bieng reported to them and the police. Don’t invest its courses your buying not shares they have taken Elon musk identity and fraud advert and made it into there cooperate shares scamming the public with there advert. I’m now contacting the police for all the insults and abuse everyday wS no and getting my money back from my bank not enough when you scammed me out of my money
These are SCAMMERS they are not regulated by the fca because I have checked they KEEP CALLING EVERY DAY even though I have asked nicely not to bother me, they have abused and bullied me to investing and are still continuing to do so,The abuse by the company calling me an old hagg and taking advantage of me bieng ill was the last straw,demoralising my life NOW F/O YOU ARE pxxxxxx ME OFF 4xex,I DONT WANT YOUR SERVICES IF YOU KEEP GIVING MY NUMBER OUT to your team to call me everyday IM giving THE Numbers called to my phone to the POLICE ON THIS COMPANY, I have checked and you are not conducted by the fca you are now bieng reported to them and the police. Don’t invest its courses your buying not shares they have taken Elon musk identity and fraud advert and made it into there cooperate shares scamming the public with there advert. I’m now contacting the police for all the insults and abuse everyday wS no and getting my money back from my bank not enough when you scammed me out of my money
(1/5)
Scammers…please please please avoid.. .DO NOT GIVE THEM YOUR MONEY!!!. I made an official complaint 4 weeks ago as my withdrawals were being rejected even though It stated I could withdraw over 6k!!! ..every single email I’ve received since has been the same automated responses. My account manager “Eric” called me after I constantly hounded them about withholding my money and stated he needed to open up another couple of trades then he would help me with withdrawing MY money(by this time I wasn’t bothered about profits, nor the credit he put on the account… I just wanted back what I had originally invested). He opened the trades i “needed” to open to enable my withdrawal then put me on hold “for a few mins”. 2hours later, I was still on hold and then the call got cut off!!! Next time I logged onto my account…you guessed it…the balance was 0…zilch.!!! These Disgraceful, low life, scamming thieves need to be stopped!!! I’m one of the lucky ones that refused to take out loans(not that they didn’t try hard to get me to)…others/more vulnerable people have been coerced into taking out loans ect and are now living with life changing debts because of this company!!!
Yes they have left me in debt with loans, close to retirement so I wanted to be clear of them. I have been scammed before but as before I contacted the solicitors CEL they are a no win no fee and I had most of my money returned. They are in the process of contacting my banks Revoult and Chase to get the money returned. It normally takes about a year to get it sorted. It wasn’t until later that negative reviews started to appear, by then it’s to late no matter how you plead to them. They must feel safe as it’s difficult to find out where the Account Managers are located, if I knew I would be knocking on his door. Best of luck trying to get any money returned.
Trust pilot wouldnt let me warn others about 4xex
I had to change my number due to all the harassing phonecalls everyday up to 5 times a day all different peple calling me having fun on my time, you need to put this report on trustpilot too keep all your evidence
(1/5)