Forex4you Review

MIN. DEPOSIT No
Up to 1000:1
No BONUS
0 Users (0 votes)
Odds0
Services0
Support0

Overview

Company Information Forex4you is one of the reputable brokerage companies out there, which serves clients from all over the world. The owner behind the scenes is E-Global Trade and Finance… more

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Details

Broker Forex4you
Website URL http://www.forex4you.com/en
Founded 2007
Headquarters Tortola, British Virgin Islands
Support Number +44 207 193 9932
Support Email info@forex4you.com
Support Types Phone, Live Chat, E-mail
Languages English, Croatian, German, French, Spanish, Hindi, Indonesian, Italian, Malay, Russian, Thai, Cantonese, Chinese
Minimum 1st Deposit No
Minimum Trade Amount 0.01 (0.0001)
Maximum Trade Amount 100 (1)
Bonus No
Payout Up to 1000:1
Free Demo Account Yes
Regulated Yes
Regulation FSC
Account Types Cent, Classic, Pro, PAMM
Deposit Methods Bank Wire, Visa, MasterCard, Fasapay, WebMoney, Neteller, Skrill, China UnionPay
Withdrawal Methods Bank Wire, Visa, MasterCard, Fasapay, WebMoney, Neteller, Skrill, China UnionPay, Payoneer
Types of Assets Forex, CFDs, Commodities
Account Currency USD, EUR
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

Forex4you is one of the reputable brokerage companies out there, which serves clients from all over the world. The owner behind the scenes is E-Global Trade and Finance Group Inc., which is registered under number 1384287 in the British Virgin Islands. According to the Companies Act (Chapter 285) and International Business Companies Act (Chapter 291). The brand and the website platform went live for the first time in 2007. Since then this project managed to expand rapidly and became one of the successful brokers in the trading industry. In 2012, Forex4you generated more than 300 000 orders in the first three months of the year. Nowadays, the company still generate a significant income and continue to grow its revenue, as well as its services. Forex4you is a dedicated broker, which constantly develops and introduces new additions and improvements every year. According to the company, in 2014, the active clients trading with Forex4you were 112 445 with a volume of closed order equal to 843 804 lots or $219.39 million. The statistics show that in the same year, there were 78 employees working with the online broker. The company has also received two prestigious awards in 2014 – “Best Forex Company in the Field of Affiliate Programs” and “Best Forex Broker in South-East Asia”.

 

Trading Information

When it comes to trading, the Forex4you surely offers a wide range of services and opportunities for its clients. Every registered user is free to trade currencies, CFDs, and commodities. The broker is a perfect choice for dedicated Forex traders and offers various account types for their customers. For the beginners and those who prefer limited risk, Forex4you provides Cent or Cent NDD accounts. These trading plans involve a risk of $1-10, and it’s perfect solution for newcomers or experienced traders, who want to test their new system or expert advisor. There are also Classic and Professional accounts available. All order executions are almost instant with less than 2 seconds delay. The minimum price change is 0.001 for Cents and Classics, and 0.0001 for Professionals. The usual spread is two pips (0 for Pro accounts), and the minimum and maximum lots are 0.01 and 200 respectively. The margin call level is set at 100% and the stop out at 20%. The possible leverage that the client can choose stays in the range of 1:10 to 1:1000, depending on the account type.

 

Trading Platforms

Forex4you employs the popular MetaTrader platform for their business needs. The customers may choose between mobile (for both Android and iPhone) or desktop trading terminal. The traders who are familiar with MT4 know that the platform is well designed and perfectly equipped with powerful tools to help the trading process. In addition to the MetaTrader 4, all clients can also take advantage of various extra tools. Autochartist is a great software offered by Forex4you, which will help the beginners with markets analysis and trading opportunities. There are also an Economic Calendar, Forex news feed, VPS for EA systems and many other helpful gadgets.

 

Security and Customer Services

Forex4you provides perfectly secured MT4 platform and updates it regularly. The online broker ensures that its servers are well protected, and all the client’s sensitive data is perfectly stored and secured. The company states that it will not share any information regarding its customers to third parties.

 

When it comes to customer service, Forex4you are quite dedicated to providing a high quality of support for all their users. As the brand name states, the company is fully focused on offering the best user experience and constantly improves its customer service. You can always call them on the toll-free number, which is operational 24/7. Alternatively, there are various emails and a live chatting service available. One of the finest features is the possibility to call Forex4you’s representatives directly from the website with a simple button click. The clients will also enjoy support for various languages that you can easily review in the table.

 

Deposits and Withdraws

One of the most important aspects for every online broker is the option for deposits and withdraws. Luckily, Forex4you gives various choices to its customers. The ways to fund your account include some of the most popular e-wallets, credit and debit cards or bank transfer. All of the possible payment methods are listed in the table, so feel free to review it thoroughly. Additional charges are not applied at all, except for WebMoney and FasaPay. Various limits may apply to some of the online transactions, which usually range from $10 000 to $50 000. There are also some currencies supported that makes it easier for the client to make a transaction. The waiting time for withdraws is instant when it comes to e-wallet services. Options, such as bank wire transfers and debit/credit cards can take from two to six business days to complete.

 

Deposit Bonus and Loyalty Programs

Forex4you has an exciting deposit bonus program that targets the newly registered traders. The promotion applies to the first two deposits made by the customer. Yes, you’ve read it correctly – two deposits can receive up to 25% additional funds. The new users are offered a choice – a lower percent of the bonus starting from 5% with lower turnover requirements as well or a higher bonus percent with higher requirements. It’s up to the customer to decide, which is the very generous step from Forex4you. There is also a time limit of three months for the bonus to be turned over. Take note that additional deposits made during this period will not qualify for the second bonus. The client must clear the first one to receive the second one.

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