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Precision4x

The Virgin Islands The Virgin Islands | 5-10 years |
ECN Account Suspicious Regulatory License | Suspicious Scope of Business | Australia Appointed Representative(AR) Revoked | High potential risk

https://precision-4x.com/

Website

Rating Index

Contact

+61 2790 83805
support@precision-4x.com
https://precision-4x.com/
6547 N Academy Blvd #2266 Colorado Springs, Colorado 80918.
Licenses

Licensed Entity:PRECISION 4X PTY LTD

License No. 001283966

Warning: Low score, please stay away!
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
The Virgin Islands The Virgin Islands
Operating Period
5-10 years
Company Name
Precision 4X Limited
Customer Service Email Address
support@precision-4x.com
Contact Number
+61279083805
Account
Website
Genealogy
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Company Summary
Comment

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Official website

Website

  • precision-4x.com
    43.229.86.103
    Server Location
    Singapore Singapore
    ICP registration
    --
    Most visited countries/areas
    --
    Domain Effective Date
    --
    Website
    --
    Company
    --

Genealogy

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Relevant Enterprises

Precision 4X Limited(Colorado (United States))
United States
Precision 4X Limited(Colorado (United States))
Abnormal
United States
Registration No.
20201896628
Established
PRECISION 4X PTY LTD(Australia)
Australia
PRECISION 4X PTY LTD(Australia)
Deregistered
Australia
Registration No.
645138432
Established

Company Summary

Note: Precision4x's official website https://precision-4x.com/ is currently inaccessible normally.

Precision4xReview Summary
Founded2023
Registered Country/RegionThe Virgin Islands
RegulationASIC (Revoked)
Market InstrumentsCryptocurrencies, Stocks/Equities, Indices, Commodities, Forex/Currencies
Demo Account/
LeverageUp to 1:500
SpreadVariable spread
Trading PlatformMT4
Min Deposit$100
Customer SupportTel: +61 2790 83805, +1 347-460-7504
Email: support@precision-4x.com
Address: 6547 N Academy Blvd #2266 Colorado Springs, Colorado 80918

Precision4x was registered in 2023. It uses MT4 as its trading platform, and offers trading services on cryptos, stocks, commodities, forex, and so on. The leverage can be up to 1:500. Nevertheless, it is not strictly regulated, so potential risks cannot be ignored.

Pros and Cons

ProsCons
MT4 providedInaccessible website
Multiple market instrumentsRevoked ASIC license
No demo accounts

Is Precision4x Legit?

Precision4x's license was revoked, and its current status shows that client transferring is prohibited.

ASIC
Australia Securities & Investment Commission (ASIC)
Regulatory StatusRevoked
Regulated byAustralia
Licensed InstitutionPRECISION 4X PTY LTD
Licensed TypeAppointed Representative (AR)
Licensed Number001283966
Is Precision4x Legit?
Is Precision4x Legit?

What Can I Trade on Precision4x?

On Precision4x, customers can trade Cryptocurrencies, Stocks/Equities, Indices, Commodities, and Forex/Currencies.

Tradable InstrumentsSupported
Forex/Currencies
Commodities
Indices
Stocks/Equities
Cryptos
Bonds
Options
ETFs

Account Type/Fees

Precision4x offers 3 types of accounts: Standard, VIP, and ECN.

Account TypeMin DepositMax LeverageSpreadCommission
Standard, VIP, ECN$1001:500Variable spread0

Leverage

For forex and metals trading, the leverage is capped at 1:500;

While for indices, commodities and cryptocurrencies trading, the leverage is up to 1:100.

Asset ClassMax Leverage
Forex/Metals1:500
Indices/Commodities/Cryptocurrencies1:100

Generally speaking, when the leverage is high, potential risks may also be high. Therefore, careful considerations are needed.

Trading Platform

Precision4x uses MT4 as its trading platform.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Mac, Windows, iOS, Android, and WebtraderBeginners
MT5/Experienced traders

Deposit and Withdrawal

Deposit OptionMin DepositCommissionProcessing Time
Bank Transfer$100/3-5 business days
TetherInstant
PAYInstant
Help2PayInstant
Withdrawal OptionsCommissionProcessing Time
Bank Transfer/3-5 business days
Tether$5 if withdrawing less than $100Within 1 business day
PAYWithin 1 business day
Help2PayWithin 1 business day

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • Australia Appointed Representative(AR) Revoked
  • High potential risk
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