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On its page footer, 4XLimited says Copyright © 2019-2022, but its domain name (https://www.4xlimited.com/) verification result showed that it was first created on 14 March, 2022. Furthermore, the scammer served 50,000 total users and reached 75,000 daily transactions more than 50 countries. How can it reach that figure in a few months?
On the other hand, 4XLimited claims to be licensed by the BVI FSC. But no results found on BVI FSC.
With its physical address in the UK and contact number from the UK, 4XLimited has to be regulated by the FCA as any other UK-based legal forex companies do. The thing is we only found a warning record matched with 4XLimited on the FCA.
Based on the above information, we can conclude that 4XLimited is a scam.
According to the update, the company was added to the FCA's warning list on 29 June 2022. The watchdog warned the public that the entity is not authorised by it and is targeting people in the UK. You may visit: https://www.fca.org.uk/news/warnings/4xlimited
BrokersView found the domain "https://www.4xlimited.com" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
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