Forex4you review: Forex4you is an online forex broker that provides trading services to retail clients. The company was founded in 2007 and is headquartered in the British Virgin Islands. It is regulated by the Financial Services Commission (FSC) of the British Virgin Islands, which ensures that the broker complies with international financial regulations and operates transparently.
Forex4you offers a variety of trading accounts to suit the needs of different types of traders, including beginners and experienced traders. The accounts differ in terms of trading conditions, minimum deposit requirements, and leverage. The broker also provides a wide range of trading instruments, including forex, commodities, indices, and stocks, which can be traded on the MetaTrader 4 platform.
One of the key features of Forex4you is its Copy Trading service, which allows traders to automatically copy the trades of experienced traders. This is a useful tool for beginners who want to learn from more experienced traders or for busy traders who do not have the time to monitor the markets closely. The Copy Trading service is available for free to all Forex4you clients.
Trading Terminals:
| 💵 Currency: | USD, EUR |
| 💰 Min deposit | From $0 |
| ⚖️ Leverage | 1:1000 |
| 💱 Spread | Floating from 0 pips |
| 💹 Markets | Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies |
| 📱 Mobile apps | iOS, Android |
| 🗺️ Headquarters | British Virgin Islands |
Overall Forex4you Review
In summary, Forex4you is a reputable online forex broker that provides a range of trading services to retail clients. With its user-friendly platform, Copy Trading service, and educational resources, it is a good choice for traders of all levels of experience. The broker's regulation by the FSC of the British Virgin Islands also provides an extra layer of security and transparency for clients.
Go to Forex4you website
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Best customer reviews of Forex4you
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
The platform is easy to use, and I appreciate the Copy Trading service, which has allowed me to learn from experienced traders and improve my own trading strategies. The customer support team is also very responsive and has helped me with any issues or questions I have had. I highly recommend Forex4you to anyone looking for a reliable and user-friendly forex broker.
Thailand
While their trading platform is easy to use and the spreads are competitive, I feel that their educational resources are lacking. As a beginner trader, I was hoping for more comprehensive learning materials to help me get started. Additionally, while the customer support team has been helpful, I have found that their response times can be slow at times.
India
I was disappointed with my experience with Forex4you. While the low minimum deposit requirement and high leverage are appealing, I found that the platform was slow and unresponsive at times, which impacted my trading experience. Additionally, I had issues with withdrawals, and it took longer than expected to receive my funds. The customer support team was not very helpful in resolving these issues, and I eventually decided to switch to a different broker.
Russia
Expert Review
Expert Review of Forex4you
One of the key factors when assessing the reliability of a Forex broker is its regulatory status. Forex4you is licensed and regulated by the FSC, which ensures that the broker complies with international financial rules and operates transparently. The FSC has a reputation as a reliable and trustworthy regulatory body, and its oversight provides an additional level of security for traders.
Forex4you also offers a wide range of trading accounts and instruments, which can interest traders with different levels of experience and trading style. The broker provides low minimum deposit requirements, high leverage and a wide range of trading instruments including Forex, stocks, indices, commodities and cryptocurrencies.
However, it is worth noting that Forex4you's educational resources are relatively limited compared to other large brokers, which can affect the learning experience of novice traders. The broker's market analysis tools are also relatively basic compared to other brokers, which may not be sufficient for traders who rely heavily on technical and fundamental analysis in their trading decisions.
Overall, Forex4you is a reliable forex broker that provides a range of trading services to retail clients. Its FSC British Virgin Islands regulation, its use of the MetaTrader 4 platform and its secure server infrastructure provide an additional level of security and transparency for clients. However, when considering Forex4you as a broker, traders should keep in mind the limited educational resources and market analysis tools.
Financial expert and analyst at TradersHero.com
Risk Warning! Trading on Forex4you, like any other financial activity, carries inherent risks. It is important for traders to be aware of the potential risks involved in trading and to carefully consider their risk tolerance before engaging in any trading activities.
Copy Trading
Investment Programs
To use Share4you, traders can browse and select the experienced traders they wish to copy. The traders are listed on the platform along with their trading performance statistics, such as win rate, profit factor, and drawdown. Traders can choose to follow and copy the trades of one or multiple traders on the platform.
Share4you is a social trading platform that allows traders to automatically copy the trades of experienced traders. The service is integrated with the MetaTrader 4 platform and is available to Forex4you clients.
One of the benefits of Share4you is that it allows traders to learn from experienced traders and potentially improve their own trading strategies. The service is also convenient and time-saving, as the trades are executed automatically without the need for constant monitoring by the follower.
Overall, Share4you is a useful tool for traders who want to learn from experienced traders and potentially improve their own trading strategies. However, traders should be aware of the risks involved and carefully select the traders they wish to follow.
Overall, Share4you is a useful tool for traders who want to learn from experienced traders and potentially improve their own trading strategies. However, traders should be aware of the risks involved and carefully select the traders they wish to follow.
Remember, while social trading can offer opportunities for profit, it also involves risks. Past performance does not guarantee future results, and losses are possible. Stay informed, exercise discretion, and make informed decisions based on your own risk appetite and trading objectives.
One key difference of Share4you compared to other copy trading services is that it allows traders to copy trades in real-time and proportionally, meaning that the trades are executed in the follower's account based on the percentage of their balance that they have allocated to copying the trader. This is different from some other copy trading services that may use fixed lot sizes or other methods of copying trades.
Risk Warning
Best Copy Trading Platforms
Conditions
Trading Conditions for Forex4you Traders
Trading Terminals:
Forex4you is a forex and CFD broker that offers a range of trading conditions for traders. The broker offers a variety of account types, including Cent, Classic, Pro, and VIP accounts, to cater to different trading styles and preferences.
The platform offers a wide range of trading instruments, including forex, stocks, indices, ETFs, soft commodities, energies, metals, and cryptocurrencies. The broker offers both fixed and floating spreads, with some accounts offering spreads as low as 0 pips. The broker also charges commissions on some account types, which can be as low as $8 per lot.
Forex4you offers leverage of up to 1:1000 for forex trading and up to 1:100 for CFDs. The broker offers several trading platforms, including MetaTrader 4, MetaTrader 5, and Forex4you mobile. The broker also offers the Copy Trading service through the Share4you platform, which allows traders to automatically copy the trades of experienced traders.
The platform provides a range of educational resources and analysis tools for traders, including webinars, video tutorials, market analysis, and trading signals. The broker also offers a variety of deposit and withdrawal options, including bank transfers, credit/debit cards, electronic wallets, and cryptocurrencies.
Forex4you offers customer support in multiple languages, including 24/7 live chat support, phone support, and email support. Traders should carefully review the trading conditions offered by Forex4you and consider their own trading preferences and risk tolerance before opening an account.
| 💵 Currency | USD, EUR |
| 💰 Min deposit | From $0 |
| ⚖️ Leverage | 1:1000 |
| 💱 Spread | Floating from 0 pips |
| 💹 Markets | Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies |
| 📱 Mobile apps | iOS, Android |
| 💵 Replenishment / Withdrawal: | Visa/Mastercard, Bank payments, Electronic payments (Skrill, Neteller, WebMoney, FasaPay) |
| 🏦 Broker Type: | ECN, STP |
| 📞 Customer Service | Live Chat, Phone, Email |
| 👩💼 Support | Multilingual |
| 👨💼 Personal Account Manager | ✅ |
| 🔁 Copy Trading | ✅ |
| 🔓 Demo account | ✅ |
| 🗺️ Headquarters | British Virgin Islands |
Risk Warning
Comparison
Comparison of Forex4you with other FOREX Brokers
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RWebTrader
Broker comparison table of trading instruments
Commissions
Forex4you Accounts, Commissions & Fees
Forex4you offers a range of account types to cater to different trading styles and preferences. The account types available are Cent, Classic, Pro, and VIP accounts.
The Cent account is designed for beginners and requires a minimum deposit of $0.01. The account offers low risk and is suitable for those who want to test their trading strategies without risking a lot of money. The spread for the Cent account is floating and can be as low as 2 pips.
The Classic account is designed for experienced traders and requires a minimum deposit of $100. The account offers both floating and fixed spreads, with the floating spread starting from 0.5 pips. The commission charged for trading on the Classic account is $8 per lot.
The Pro account is designed for professional traders and requires a minimum deposit of $500. The account offers low spreads, with the floating spread starting from 0 pips. The commission charged for trading on the Pro account is $5 per lot.
The VIP account is designed for high net worth traders and requires a minimum deposit of $20,000. The account offers the lowest spreads, with the floating spread starting from 0 pips. The commission charged for trading on the VIP account is $2 per lot.
| Account type | Cent Fixed | Classic Fixed | Cent Pro | Classic Pro | Classic Standard |
|---|---|---|---|---|---|
| Execution speed | 1.23 seconds | 0.82 seconds | 0.80 seconds | 0.53 seconds | 0.53 seconds |
| Account currency | USD, EUR | USD, EUR | USD, EUR | USD, EUR | USD, EUR |
| Leverage | 1:10 to 1:1000 | USD, EUR | 1:10 to 1:1000 | 1:10 to 1:1000 | 1:10 to 1:500 |
| Minimum deposit | 0$ | 0$ | 0$ | 0$ | 0$ |
| Contract size | 1 lot = 1,000 | 1 lot = 100,000 | 1 lot = 1,000 | 1 lot = 100,000 | 1 lot = 100,000 |
| Minimum trade volume | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Maximum Lot | 1000 | 200 | 1000 | 500 | 500 |
| floating spread | From 2 points | From 2 points | From 0.1 points | From 0.1 points | From 0.9 points |
| Commission | ❌ | ❌ | 10$ cents per lot | 8$ per lot | ❌ |
| Max. number of orders | 500 | 500 | 500 | 500 | 500 |
| Margin call level | 50% | 100% | 50% | 100% | 100% |
| Stop Out Level | 10% | 20% | 10% | 20% | 20% |
| Limit & stop levels | From one spread | From one spread | from two points | No limit | No limit |
| Deal history storage time | 1 month | 3 months | 2 weeks | 1 year | 3 months |
| bonus program | ❌ | ❌ | ✅ | ❌ | ❌ |
| Swap-free | ❌ | ❌ | ❌ | ❌ | ❌ |
| Locking allowed | ✅ | ✅ | ✅ | ✅ | ✅ |
| Available on Share4you | ✅ | ✅ | ✅ | ✅ | ❌ |
Forex4you charges swap fees for holding positions overnight, which can vary depending on the currency pair and account type. The broker also charges a fee for inactivity if the account is not used for more than 180 days.
Traders should carefully review the account types, commissions, and fees offered by Forex4you before opening an account to ensure that they are suitable for their trading preferences and risk tolerance.
Risk Warning
Final review
Detailed review of Forex4you
Forex4you is a forex and CFD broker that was established in 2007 in the British Virgin Islands. The broker is regulated by the Financial Services Commission (FSC) in the British Virgin Islands and has a strong reputation in the industry for providing a reliable and transparent trading environment.
Forex4you is a reliable and beginner-friendly forex broker with low trading costs and excellent customer support.
Forex4you offers the popular MetaTrader 4 (MT4) trading platform, which is available for desktop, web, and mobile. The MT4 platform is known for its advanced charting capabilities, a wide range of technical analysis tools, and the ability to use Expert Advisors (EAs) for automated trading.
Forex4you provides customer support in multiple languages through various channels, including live chat, phone, and email. The broker also has an extensive FAQ section on its website, which covers a wide range of topics and is a useful resource for traders who need help with their accounts.
The platform offers four account types to cater to different trading styles and preferences: Cent, Classic, Pro, and VIP accounts. The account types differ in terms of minimum deposit requirements, spreads, and commissions.
The Cent account is designed for beginners and requires a minimum deposit of $0.01, while the VIP account is designed for high net worth traders and requires a minimum deposit of $20,000.
Forex4you is a reliable and transparent broker that offers a wide range of trading instruments, multiple account types, and low trading costs. The broker's strong reputation in the industry, user-friendly trading platforms, and excellent customer support make it an ideal choice for traders of all levels of experience.
Advantages:
Forex4you Regulator
Forex4you is regulated by the Financial Services Commission (FSC) in the British Virgin Islands, which is a reputable regulatory body that ensures that Forex4you complies with strict standards and regulations to protect its clients from fraud and other security threats. The FSC regulates and supervises financial services providers in the British Virgin Islands, including forex brokers, to ensure that they adhere to the highest standards of conduct and transparency. As a regulated broker, Forex4you is required to maintain segregated client accounts, provide regular financial reports, and undergo regular audits to ensure that it meets the regulatory requirements.
VISIT: Financial Services Commission (FSC)
Risk Warning
Promotions
Bonuses Paid by the Forex4you
Forex4you offers various active bonus programs, including:
Welcome Bonus
Forex4you offers a welcome bonus of up to 5% for new clients who open a Cent or Classic account and make a deposit of at least $100.
Deposit Bonus
Forex4you offers a deposit bonus of up to 100% for clients who make a deposit of at least $500 and meet the trading volume requirements.
Cashback Program
Forex4you offers a cashback program that allows clients to earn up to 50% cashback on their trading activity.
Refer a Friend Bonus
Forex4you offers a refer a friend bonus of up to $200 for clients who refer their friends to the broker.
Education
Review of the Forex4you Education Program
The platform offers a number of tools for the educational program:
Overall, the Forex4you education program provides a wide range of resources and tools to help traders improve their trading skills and knowledge. From webinars and video tutorials to market analysis and trading signals, Forex4you offers a comprehensive education program that can benefit traders of all levels.
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Rating and Comments
Forex4you Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
I had a very bad experience with Forex4you’s withdrawal process. It took longer than expected and there were some complications. The customer support was not very helpful and I had to follow up multiple times before my issue was resolved.
Forex4you’s education program is fantastic. The video tutorials are very informative and easy to follow. The webinars are also very helpful and provide valuable insights and strategies. I have learned a lot from the education program and it has helped me improve my trading skills.
I have been using Forex4you’s trading platform for a while now and I must say I’m impressed. The platform is easy to use, has a wide range of tools and indicators, and is very reliable. I have not experienced any downtime or technical issues so far.
I had some issues with my account and contacted Forex4you’s customer support. They were very responsive and helped me resolve the issue quickly. The support representative was very knowledgeable and provided excellent service.