Forex4you Review
Forex4you is a brand of E-Global Trade & Finance Group, Inc. (the Company). The Company is registered in the British Virgin Islands (no: 1384287) in accordance with the Companies Act (Chapter 285) and International Business Companies Act (Chapter 291). The scope of activity of the Company is providing foreign exchange brokerage services on the Internet using electronic payment systems. The Company is authorized and regulated by the FSC under the Securities and Investment Business Act, 2010 License#: SIBA/L/12/1027.
Forex4you offers wide range of trading accounts with DDE, NDDE and STP executions including more than 100 instruments. Forex4you is based on MetaTrader 4 trading platform. Clients have the advantage of daily technical and fundamental analysis, one-click trading, economic calendar, mobile trading applications, news and forecasts from Dow Jones (UK) and signals from Trading Central (US). In addition, Forex4you offers Forex dictionary, educational materials and lot of “How to” guides about Forex.
Our mission is to provide the best online service in the Forex market in terms of “low investment requirements and quality” for retail clients.
At Forex4you, we are guided by three key values that set us apart; values that we live every day:
- Honesty. Being open, honest with our clients – is one of the key laws of our company. It’s in our interest to teach you how to assess risks properly; to provide you all knowledge required for successful work. Company structure and corporate documentation are open to public.
- Partnership. Long-term fruitful cooperation with clients and partners is one of our top priorities. We want to develop together, and therefore we pay special attention to traders and agents of any level or size.
- Competence. Brokerage is a serious business that requires deep knowledge of the field. We are experts in CFD and Forex, and we know how to make profits in this market. We also understand what the risks are and how to minimize them.
Typical Spread on Majors
EUR/USD | 1.5 |
GBP/USD | 1.5 |
USD/JPY | 1.5 |
- Company Info
Headquarters | Tortola, British Virgin Islands |
Type of Broker | STP |
Founded | 2007 |
Regulated By | Regulated By FSC (British Virgin Islands) |
Offices In | Thailand, Malaysia, Vietnam |
Supported Languages | English, Thai, Malay, Chinese, Vietnamese, Hindi, Mandarin/Cantonese, Bahasa Indonesia |
ESMA Regulation ? | This broker is not regulated within the E.U and is not subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | EUR, USD, RUB |
Minimum Deposit | $0 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | Yes |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim Faith Only |
ECN / STP Accounts Offered | No |
Commission on STP or ECN | |
VIP Accounts Offered | No |
Mini Accounts Offered | Yes |
PAMM / MAM Solutions | No |
API Solutions | No |
Mobile Trading | Yes |
Web Based Trading | Yes |
Funding Methods | Crdit/Debit Cards, Neteller, Skrill, WebMoney, Fasapay, Perfect Money, Nganluong, Bitpay |
Withdrawal Methods | Crdit/Debit Cards, Neteller, Skrill, WebMoney, Fasapay, Perfect Money, Nganluong, Bitpay |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Android, MetaTrader 4 iOS, Forex4You Mobile Platform, Forex4You WebTrader, Forex4You Mobile Trader |
NO of Pairs | 46 |
Cryptocurrency Trading | Yes |
Pricing Digits | 4 and 5 |
Trade off Charts | Yes |
One-click Execution | No |
Email Alerts | No |
Mobile Alerts | No |
Trading Server Time | GMT + 1 |
Demo Account Expiry | 3 Months |
VPS Offered | No |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 2000:1 |
Minimum Contract Size | 0.01 |
Execution | Instant Execution (Cent and Classic Accounts), Market Execution(Cent NDD and Pro STP Accounts) |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | Yes |
Option of FIFO | Yes |
Liquidity Providers | 5+ |
Negative Balance Protection | Yes |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Stocks | Yes |
Indices | Yes |
Forex4you Reviews
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