Forex4you is a brand of a major financial holding company E-Global Trade & Finance Group, Inc. It was registered in the British Virgin Islands in 2007.
The company specializes in providing online Forex brokerage services.
Forex4you has offices in many countries of Europe and Asia, and its commercial interests are focused on these regions.
In spite of being quite young, the company has already managed to take hold among the leading international brokers. It has over 70 000 customers all around the world, including individual traders and investors, large commercial organizations, different investment and hedge funds.
Its annual trading volume exceeds $100 billion USD.
Deposits and Withdrawals
Forex4you is offering a wide variety of available payment systems. You can make a deposit using one of the following methods:
- Neteller, Skrill (Moneybookers), WebMoney;
- Bank transfer;
- Visa, Master Card credit cards.
Deposit and withdrawal methods are not interrelated.
There is no minimal volume of financial transactions for the company’s customers, which sets it apart from other brokers. Forex4you clients can deposit and withdraw their funds from the current accounts in any size and any way.
Payments by credit cards are processed within 1-3 banking days. Payments through online payment systems are made within 1 banking day.
The broker charges no additional commission for money transfer.
It should be emphasized that the broker is accurate and punctual when executing financial transactions. Lots of positive reviews about Forex4you are a strong proof of that.
Forex4you is a licensed broker. Its financial activity is regulated by the FSC (Financial Services Commission of Mauritius).
Registered in the offshore zone, the company makes every effort to maintain its reputation and ensure sound liquidity.
The company’s liquidity is worth special notice. At present Forex4you is actively cooperating with 16 liquidity providers, including largest world banks and market makers. Even those customers, who are not trading professional trading accounts, are provided with liquidity from 7 providers.
Such a pretty much unprecedented approach lets the broker not only provide unique trading conditions to its clients but also gain a reputation of a very reliable partner.
One more strong proof of Forex4you reliability is its close cooperation with one of the major global auditing companies KRMG, which not only audits the broker’s operations every year but also provides full support of its activity, including permanent control over financial liabilities, insurance of all assets and monitoring the flow of funds.
To protect customers’ funds, Forex4you is widely using segregated accounts and deposit insurance. The company’s specialists have developed and are constantly improving multiple risk management patterns.
Bonuses and Promotions
Forex4you regularly holds different promotions. It is offering various bonus programs to its registered and potential clients aiming to attract new customers and create comfortable trading environment.
The company constantly conducts contests among real accounts owners and beginner traders trying to trade on demo accounts.
The funds allocated for prizes and awards exceed $200 000 USD yearly.
The detailed list of contests and promotions as well as participation conditions are available on the company’s official website.
Trading Accounts Types
When registering a real trading account, Forex4you customers can choose one of 14 accounts types the broker is offering. Accounts differ in minimum deposits, spread types and order execution (dealing center or NDD). Most accounts have no swaps. The company uses the following technologies to execute customers’ trade orders:
- STP Forex;
- BBO Bridge;
- Slippage Control;
- One Click Trading & Market Depth;
- Forex VPS.
All accounts types have the following in common:
- Trading instruments. 53 currency pairs, 18 of which are exotic;
- Five-digit foreign exchange quotations;
- Automatic trading option.
Besides, the maximum leverage is unchanged for all accounts. It is different for various trading instruments:
- Currency pairs – 1:500;
- Precious metals -1:500;
- CFD1 – 1:10;
- Stocks – 1:10;
- Futures – 1:10.
Forex4you perfectly suits for any type of trading. One must admit that the company’s specialists tried hard to meet all customer requirements as to the range and quality of brokerage services when developing the system of accounts and trading conditions.
The funds can be deposited in the following currencies for any type of accounts:
- USD – US Dollar;
- GBP – British Pound;
- EUR – Euro;
- JPY – Japanese Yen;
- AUD – Australian Dollar.
Trading Platforms Types
Forex4you is offering two trading platforms, to be more exact, two versions of one platform – MT4 and MT5.
IT specialists of the company put much effort to adapt the platforms to corporate standards making them unique at the same time. Forex4you’s MT4 and MT5 platforms have a number of exceptional technical indicators and trading advisors.
Share4you corporate platform is available for investors who want to take part in trading directly.
Customers can get round-the-clock support via LiveChat on the company website and free 24/5 hot line. Support services are available as follows:
- by phone;
- via the Internet;
- in the company’s offices.
Highly-skilled professionals of Forex4you will quickly answer any question and help to solve any problem.
The broker is offering a unique free service to its customers called “debriefing” that is analysis of individual trading activity of a customer. The analysis results and recommendations of the company’s experts are available in the trader room. Information support is a newsfeed of the world’s major agency Dow Jones Newswires (UK) as well as analytics and forecasts of Trading Central (US).
Pros of Trading with Forex4you
In short, the main positive features of Forex4you are as follows:
- Reputation, high liquidity and reliability;
- Accurate and timely deposit and withdrawal procedures;
- Wide choice of trading instruments and technologies.
It will be difficult for beginner traders to go deep into all the details of trading conditions offered by the company.
Platon: I’ve been trading here for more than two years and I’m very satisfied with the quality of order execution and the speed of quotation update.
Robocops: The name Forex For You, that is for all, perfectly fits the broker. With this trading platform you can bring any idea to life. Special thanks to the company for strict execution of its obligations. I withdrew different amounts of money ($12 500 USD at most) and faced no problems, everything was done in due time. Small amounts are withdrawn almost instantly even to bank accounts.
Forex4you is a reliable, stable broker. Multifunctional is the best description for the company. No others offer such variety of services and technologies (trade, banking and hedge ones).
The quality of services is also high. Trade orders are executed with German punctiliousness and Swiss precision.
But the broker is remarkable for its complexity. Information is given with a focus on experienced traders. There are plenty of terms and slang even in the support team responses.