A new boutique brokerage firm licensed by the Financial Services Commission in the Cook Islands is providing a hub for algorithmic trading.
4xCube offers traders ultra-low spreads, Electronic Communication Network (ECN) trading, low latency, higher leverage, tailor-made partnership plans, and all kind of trading strategies for trading Forex, CFD, indices, commodities and cryptos.
Under Europe’s new ESMA directive, brokers are not able to offer leverage higher than 1:30 for retail investors. 4xCube is providing FX traders with an alternative option for algorithmic trading, as they are licensed in the Cook Islands, where they operate from an office in Rarotonga. Through the firm’s new online portal, they will offer 24-hour support to traders around the world.
“A few years ago, offshore investing was considered less attractive, but the tide has turned,” says João Monteiro (pictured), spokesperson for 4xCube. “Today, this model offers the best way to access the best trading conditions for success.”
The 4xCube team has more than 20 years of experience across different markets. Drawing from their extensive knowledge of trading, they have built a trading environment that they says offers users ‘ultra-low spreads, fast execution and unparalleled customer service while complying with international regulatory standards’.
4xCube is an execution-only broker with no dealing desk. They accept all type of trading strategies, making it the perfect environment especially for those who seek low latency for algorithmic trading. With the 4xCube, traders can plug their Expert Advisors or test their own manual strategies.
“4xCube was the result of years of dialogue with traders, partners, and simple investors who shared their concerns about their existing brokers, including high spreads, terrible execution, lack of support, and, most of all, lack of trust,” says Monteiro. “With 4xCube, our goal is to provide the best true ECN environment, where clients can finally focus on the markets.”