4xAi Review – What Can Blacklists Tell Us?

Unwavering commitment to providing unparalleled service for a lowest price in industry is how the 4xAI broker intends to attract their future clientele. If only the people running the whole portal weren’t a bunch of petty scammers, we might believe that. 

This 4xAI review explains the reasons behind the blacklists this firm has earned and presents solutions for the defrauded. 

One Jurisdiction for Everything

Firstly, contact information implies office locations in the UK and Australia, while the address given is located in Singapore. Lastly, the swindler claims to be legally incorporated in Comoros Islands, with MWALI regulation, as Lighthouse ventures LLC. 

First things first, we checked FCA and ASIC registers, only to find a public warning which was later reposted by IOSCO. In addition, the license information was false, considering the firm not appearing in the MWALI database of regulated brokers. Lastly, Singaporean regulatory authority, MAS, has not licensed this company, either.

Such schemers don’t provide segregation of funds, risk-reducing standards, nor a compensation option. Speaking of which, make sure you also avoid the notorious TPC Invest, known for similar devious strategies.

Hungry For Easy Money

The 4xAi.net domain has been steadily increasing their number of victims since it was launched in June 2023. It predominantly targets people from these areas:

• Australia
• United Kingdom
• Saudi Arabia
• Belgium
• Italy

What we’re dealing with here, dear reader, is called a boiler room. It, just like Idex.io, is a fraudulent organization that employs unscrupulous young people to endlessly go through the phone books in search of new scam victims.

To help these agents, the 4xAi scam has prepared the field by running deception campaigns on social media, such as profiles on X, TikTok and YouTube. It also encompasses misleading content on other mainstream sites like Medium, CrunchBase, LinkedIn and many others.

Posting Paid Testimonials

Con artists need to cover up the fact that they are an illicit business, so they resort to flooding sites like TrustPilot with false testimonials. This is done by review seller networks, who post these fakes in return for financial compensation.

Indeed, if you take your time to examine a few of these bogus 4xAi reviews, you’ll see just how repetitive they all are. If you suspect that the company you’ve invested with is a con circle, feel free to consult with our legal experts.

Everything is Overpriced

Whatever fee you may expect or not, this swindler applies it. By accepting the legal terms you agree that any of the costs are directly deducted from your total account balance. Whether that’s taxes, registration fees, transfer fees, commissions or administration fees, you’ll pay it all, but none are revealed.

One known cost is the inactivity fee of $50 monthly. Following that, there’s a Wire withdrawal fee of 25 $/€/£. As for the concrete trading parameters, leverage is capped at 1:400, with spreads just being defined as “tight”. Seems, however, that none of that has to apply, since other parts of the site claim credit card withdrawal fee to be $10 and 2% for wire.

How Bonuses are Misused

It’s already widely popular among cons to use bonuses to lure in victims and then rob them blind. The objective in this case is to force cash bonuses on clients and demand ridiculous conditions to be paid. 

Trading volume requirement needed to make the bonus withdrawable equals to 30 times for every 1 unit of bonus.

Extremely Basic Features

No financial scam would ever be complete without a completely horrendous trading experience. Of course, these cybercriminals are only looking to just steal your money, rather than profit on your continuous trading success.

For these purposes, one could argue that the conditions are totally adequate. Either way, it’s a bad deal for the client.

Useless Trading Platform

If the 4xAi trading platform were any good, you could call it a Web Trader. Unfortunately, it’s a borderline dysfunctional mess that purposely omits any analysis tools, including the basic Stop Loss and Limit Order options.

As for the mobile app, clicking the “Google Play” button will just return you back to the website’s home page. If you were to check the actual Google Play, you’d learn that there is no app under that name.

Available Trading Instruments

To make the charade seem more believable, these cheats have provided some trading instruments for use in their make-belive software. With that in mind, they’ve done a decent job to include a good variety.

Here’s an overview of what’s allegedly available:

• Forex CFDs – EUR/USD, AUD/CAD, USD/JPY
• Crypto CFDs – BTC/USD, ETH/USD, ADA/USD
• Indices CFDs – DAX40, EUR50, DJ30, S&P500
• Shares CFDs – Tesla, Bayer, Rio Tinto
• Commodities CFDs – Gold, Brent, Coffee

Expensive Promises

Every single of the absurdly expensive 4xAI account types offers daily signals, senior account managers, safe trading and whatnot. Unfortunately, you can’t trust one such offer to be realistic, especially when it comes from a source labeled for scam attempts. 

The price table is as follows:

• Basic – €250
• Silver – €5,000
• Gold – €20,000
• Platinum – €50,000

Non-functional Withdrawal Page

Like many other falsehoods, the advertised e-wallet payments you see on the website are not actually available in the dashboard. Actual 4xAi deposit methods include credit cards, and a few Crypto transfer options.

The 4xAi withdrawal page is not entirely functional, and exists only as a placeholder. If we were to believe the Terms and Conditions, processing takes 5-7 business days. Minimum withdrawal amounts are $500 and $50 for wire and credit card respectively.

Contacts That Don’t Work

Relying on the sheer hope that someone might answer your call or your emails is not something we’d recommend. Financial swindlers will always try to make you feel safe and supported, while not even having dedicated customer service. The fact that nobody answers phones, emails or online forms is proof of that.

Got Scammed? We Can Recover Your Investment!

The 4xAi investing scheme is an illicit business blacklisted by a number of authorities. The company is not authorized, and we strongly advise against any trading through this firm.

If you believe that you’ve become a victim to this notorious group of confidence tricksters, contact our legal experts. You can still recover your money with the help from our professionals!

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