8/10 (Expert Score)
Company is rated as #10 in category Forex Brokers

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.

Forex4you


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:

Metatrader 4
Metatrader 5

Awards:

award

“Best Forex Broker Asia 2020” by Global Banking and Finance Review Awards

award
award

“Best Affiliate Program 2020” by Global Brands Magazine

award
award

“Best FX Broker Europe 2019” by IBM Awards

award
πŸ’΅ Currency:USD, EUR
πŸ’° Min depositFrom $0
βš–οΈ Leverage1:1000
πŸ’± SpreadFloating from 0 pips
πŸ’Ή MarketsForex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies
πŸ“± Mobile appsiOS, Android
πŸ—ΊοΈ HeadquartersBritish Virgin Islands
Advantages:
  • Low minimum deposit requirement
  • High leverage available
  • Variety of trading instruments
  • Copy Trading service available
  • User-friendly trading platform and mobile app
Disadvantages:
  • Limited regulatory oversight
  • Limited trading accounts compared
  • Limited payment options compared to other brokers

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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Top Reviews

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.

John Murphy
John Murphy
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.

Benjamin Diaz
Benjamin Diaz
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.

Ilya Strashnenko
Ilya Strashnenko
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.

Roman_Mukhin
Roman Mukhin
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.

how to use the Share4you
Here's a quick guide to using the Share4you copying service at Forex4you:
Account Setup
Open an account with Forex4you and log in to your trading account.
Accessing Share4you
Navigate to the Share4you platform by clicking on the “Copy Trading” tab in your account dashboard.
Trader Selection
Browse the list of experienced traders available on the platform and review their performance statistics, such as win rate, profit factor, and drawdown.
Allocation Percentage
Once you have selected the traders you wish to follow, allocate a percentage of your account balance to each trader you wish to copy. This can be done by adjusting the “Investment Amount” for each trader.
Enabling Copy Trading
Enable copy trading by clicking the “Copy” button for each trader you wish to follow.
Trade Monitoring and Adjustment
The trades of the selected traders will now be copied in real-time and proportionally to your account. You can monitor your copied trades and adjust your allocation percentages as needed.

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

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Conditions

Trading Conditions for Forex4you Traders

Trading Terminals:

Metatrader 4
Metatrader 5

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.

πŸ’΅ CurrencyUSD, EUR
πŸ’° Min depositFrom $0
βš–οΈ Leverage1:1000
πŸ’± SpreadFloating from 0 pips
πŸ’Ή MarketsStocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies
πŸ“± Mobile appsiOS, Android
πŸ’΅ Replenishment / Withdrawal:Visa/Mastercard, Bank payments, Electronic payments (Skrill, Neteller, WebMoney, FasaPay)
🏦 Broker Type:ECN, STP
πŸ“ž Customer ServiceLive Chat, Phone, Email
πŸ‘©β€πŸ’Ό SupportMultilingual
πŸ‘¨β€πŸ’Ό Personal Account Managerβœ…
πŸ” Copy Tradingβœ…
πŸ”“ Demo accountβœ…
πŸ—ΊοΈ HeadquartersBritish Virgin Islands

Risk Warning

Comparison

Comparison of Forex4you with other FOREX Brokers

Trading platform
MT4, MT5
iOS, Android
Min Deposit
Leverage
Demo account
COPY TRADING
Forex4you
Forex4you
Learn more
Trading platform
MT4,
MT5,
RWebTrader
MT4, MT5
iOS, Android
Min Deposit
$0
Leverage
1:1000
Demo account
COPY TRADING
roboforex
RoboForex
Learn more
Trading platform
cTrader, RMobileTrader, RStocksTrader, RWebTrader
MT4, MT5
iOS, Android
Min Deposit
$10
Leverage
1:2000
Demo account
COPY TRADING
tickmill
Tickmill
Learn more
Trading platform
WebTrader
MT4, MT5
iOS, Android
Min Deposit
$10
Leverage
1:300
Demo account
COPY TRADING
IC_Markets
IC Markets
Learn more
Trading platform
cTrader
MT4, MT5
iOS, Android
Min Deposit
$200
Leverage
1:500
Demo account
COPY TRADING
Trading platform
MobileTrading
MT4, MT5
iOS, Android
Min Deposit
$5
Leverage
1:1000
Demo account
COPY TRADING
Trading platform
MobileTrading, cTrader
MT4, MT5
iOS, Android
Min Deposit
$100
Leverage
1:200
Demo account
COPY TRADING

Broker comparison table of trading instruments

Forex4you
VS
Tickmill
VS
IC Markets
Forex
VS
VS
Metalls
VS
VS
Crypto
VS
VS
CFD
VS
VS
Indexes
VS
VS
Stock
VS
VS
ETF
VS
VS
Options
VS
VS

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 typeCent FixedClassic FixedCent ProClassic ProClassic Standard
Execution speed1.23 seconds0.82 seconds0.80 seconds0.53 seconds0.53 seconds
Account currencyUSD, EURUSD, EURUSD, EURUSD, EURUSD, EUR
Leverage1:10 to 1:1000USD, EUR1:10 to 1:10001:10 to 1:10001:10 to 1:500
Minimum deposit0$0$0$0$0$
Contract size1 lot = 1,0001 lot = 100,0001 lot = 1,0001 lot = 100,0001 lot = 100,000
Minimum
trade volume
0.010.010.010.010.01
Maximum Lot10002001000500500
floating spreadFrom 2 pointsFrom 2 pointsFrom 0.1 pointsFrom 0.1 pointsFrom 0.9 points
Commission❌❌10$ cents per lot8$ per lot❌
Max. number
of orders
500500500500500
Margin call level50%100%50%100%100%
Stop Out Level10%20%10%20%20%
Limit & stop levelsFrom one spreadFrom one spreadfrom two pointsNo limitNo limit
Deal history 
storage time
1 month3 months2 weeks1 year3 months
bonus programβŒβŒβœ…βŒβŒ
Swap-free❌❌❌❌❌
Locking allowedβœ…βœ…βœ…βœ…βœ…
Available on Share4youβœ…βœ…βœ…βœ…βŒ

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.

Note
The platform takes security seriously and uses advanced encryption technology to protect its clients' personal and financial information. The broker is also regulated by the Financial Services Commission in the British Virgin Islands, which ensures that Forex4you complies with strict standards and regulations to protect its clients from fraud and other security threats. Additionally, Forex4you offers two-factor authentication and other security features to further enhance the safety and security of its clients' 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:

Low Trading Costs: Forex4you offers low trading costs with competitive spreads and commissions, which makes it a cost-effective choice for traders of all levels.
Multiple Trading Platforms: The platform offers both the popular MetaTrader 4 platform and its proprietary WebTrader platform, which makes it easy for traders to access the market from any device.
Wide Range of Trading Instruments: Forex4you provides access to over 150 trading instruments, including forex currency pairs, stocks, indices, ETFs, soft commodities, energies, metals, and cryptocurrencies, which allows traders to diversify their portfolios.
Multiple Account Types: The platform offers multiple account types, including Cent, Classic, Pro, and VIP accounts, which cater to different trading styles and preferences.
Excellent Customer Support: Forex4you provides customer support in multiple languages through various channels, including live chat, phone, and email, which ensures that traders can get help whenever they need it.
Strong Security Measures: The platform takes security seriously and uses advanced encryption technology, two-factor authentication, and other security features to protect its clients' personal and financial information from fraud and other security threats.

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.

Welcome Bonus

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.

Deposit Bonus

Cashback Program

Forex4you offers a cashback program that allows clients to earn up to 50% cashback on their trading activity.

Cashback Program

Refer a Friend Bonus

Forex4you offers a refer a friend bonus of up to $200 for clients who refer their friends to the broker.

Refer a Friend Bonus

Education

Review of the Forex4you Education Program

The platform offers a number of tools for the educational program:

Webinars: Forex4you offers regular webinars on a wide range of topics, including trading strategies, technical analysis, and risk management. These webinars are led by experienced traders and are designed to help traders improve their trading skills.
Video tutorials: The platform provides a comprehensive library of video tutorials that cover various topics related to trading, including how to use trading platforms, how to analyze the markets, and how to manage risk.
Trading signals: Forex4you offers free trading signals to its clients, which are generated by experienced traders using technical and fundamental analysis. These signals can help traders make more informed trading decisions.
Market analysis: The platform provides daily market analysis, including fundamental and technical analysis, which helps traders stay informed about market conditions and make better trading decisions.
Economic calendar: Forex4you offers an economic calendar that provides real-time information on upcoming economic events, which can have a significant impact on the markets.
Trading calculators: The platform provides a range of trading calculators, including pip calculators and margin calculators, which can help traders make accurate trading decisions.
Trading strategies: Forex4you provides a range of trading strategies for traders of all levels, including scalping, swing trading, and long-term trading strategies.
Forex glossary: The platform offers a comprehensive forex glossary that provides definitions and explanations of commonly used forex terms and concepts.

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

8.2 Total Score
17 reviews
Rating Overview

Based on all reviews

8Expert Score
Investment instruments
8.3
Deposits and withdrawals
7.5
Customer service
7.5
Trading platform
8.8
8.4User's score
Investment instruments
8.1
Deposits and withdrawals
7.7
Customer service
8.6
Trading platform
9.5
Add your review  |  Read reviews and comments

Authors:

Roman_Mukhin

Roman Mukhin
Financial expert, analyst and author

Jane Emberg

Jane Emberg
Financial analyst and editor

Best Forex BrokersOverall Ranking
4 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. 2.75
    Investment instruments
    60
    Deposits and withdrawals
    30
    Customer service
    30
    Trading platform
    100

    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.

    Helpful(0) Unhelpful(0)You have already voted this
  2. 4.35
    Investment instruments
    90
    Deposits and withdrawals
    90
    Customer service
    90
    Trading platform
    80

    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.

    Helpful(0) Unhelpful(0)You have already voted this
  3. 4.85
    Investment instruments
    100
    Deposits and withdrawals
    90
    Customer service
    100
    Trading platform
    100

    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.

    Helpful(0) Unhelpful(0)You have already voted this
  4. 4.5
    Investment instruments
    90
    Deposits and withdrawals
    90
    Customer service
    100
    Trading platform
    80

    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.

    Helpful(0) Unhelpful(0)You have already voted this

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