International Finance Awards 2019
4 Acquisition International - 2019 International Finance Awards Operating from the Cook Islands, 4xCube Ltd is an innovative execution-only broker committed to accepting all types of traders and trading strategies to help create the optimal environment for success. As part of our showcase of some of this year’s International Finance Awards winners we offer an insight into the work this dynamic company undertakes. 4xCube Ltd ffering an innovative trading solution 4xCube is dedicated to providing the best trading environment for algorithmic traders and one of the best customer support service. Over the years, the firm’s team has created a unique platform that aggregates technology, innovation, ultra-low spreads and fast execution, all combined with exceptional customer service. Operating around the clock and with a variety of different languages spoken, the team can provide clients with the exceptional standard of service they rely on. As a result, 4xCube’s valued clients are always informed on the latest developments and can focus on what they care about most: trading. Such an approach allows the 4xCube the chance to continue to meet its client’s needs in an ever-evolving financial landscape. Strengthened by its in-house team with many years of industry experience, the firm is able to offer high leverage, low trading latency, ultra-low spreads and many other advantages no longer available in most of the different jurisdictions. Working to remain ahead of the market, the firm is constantly enhancing its service offering. Recently, 4xCube acquired a new marketing team in-house that is currently testing a number of exciting new trading solutions and platforms. O Being an innovative company is only part of 4xCube’s success. Being based in the Cook Islands offers the firmmany exciting opportunities to remain ahead of emerging market trends following the implementation of various legislation, such as the European Securities and Markets Authority ‘s wide-reaching legislation regarding the provision of FX and CFD trading, which was implemented in 2018. A combination of leverage restrictions and protections against negative balances served another blow to an industry which was only just adapting to the changes brought about by MiFID II. These moves had impacted the rebate structures offered by those brokers governed under European regulations, creating something of a perfect storm for the industry. The combination of these factors is driving a resurgence in brokers moving offshore. This was cited as a real risk by many during consultation around the MiFID II and ESMA leverage restrictions, and it’s been seen previously in other jurisdictions, too. This creates a whole set of dilemmas for traders who are left looking to find a new broker who can still offer them trading facilities on legacy terms, or indeed for money managers and IBs who may have found themselves orphaned by the new restrictions. This is when 4xcube comes to scene, as the company currently offers high leverage and all other main requirements from traders, that are no longer available in Europe and Australia for the common trader. As such it is able to meet the growing need for these solutions in an ever-evolving investment market. Moving forward, this dedication to innovation will help to drive 4xCube to even greater success and cement its place in the executing-only market as a true thought-leader. Company: 4xCube Ltd Name: Joao Monteiro Address: Global House, AVARUA, RAROTONGA, Cook Islands Telephone Number: +44 203 514 9306 Web Address: www.4xcube.com Best New Executing-Only Investment Broker - South Pacific
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