|Trading software||MetaTrader 4, Forex4you Mobile Terminal, Forex4you WebTrader|
|Headquartered||First Floor, Mandar House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands|
Forex4you is a brand of E-Global Trade & Finance Group, Inc. The Company is registered in the British Virgin Islands (no: 1384287) and is authorized and regulated by the FSC under the Securities and Investment Business Act, 2010 License#: SIBA/L/12/1027. Financial Statements of E-Global Trade & Finance Group, Inc. are annually audited by KPMG (BVI) Limited.
E-Global Trade & Finance Group, Inc. started off in 2007 with the launch of its founders’ first online trading service under the trademark Forex4you. Forex4you mission is to provide the best online service in the forex market in terms of “low investment requirements and quality” for retail clients.
As Forex4you steadily grew every year, introducing newly developed technology and expanding services, in 2013 launched the social trading service Share4you, which allows anyone to become a participant in the financial markets by copying other traders.
In 2016 Forex4you launched proprietary technology MarketPlace – own liquidity aggregator and order execution software. With new technology clients are having ultra fast, stable and secure execution with tight spreads.
Forex4you offers trading in Forex, Commodities, Indices, and Stocks through the MT4 platform, Forex4you mobile platform, and Forex4you webtrader.
During the ten years of operation, Forex4you broker has won multiple important international financial awards. Some of them are: Forex Broker of the Year South East Asia 2017 by IAIR Award, Best Quality Service FOREX Broker 2015 by MENA Forex Expo, Best Forex Broker in South-East Asia 2013 by Forex Expo Awards.
|Address||First Floor, Mandar House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands|
|Free phone||+44 207 193 9932|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes||5|
|Minimum position size||0.0001|
|Pip spread on majors||0.1-1.5|
|Spread Type||fixed and variable|
|Standard account, $||10|
|Mini account, $||5|
|Popular payment methods||Credit Cards, Neteller, Skrill MoneyBookers, Wire Transfer, WebMoney, QIWI, China UnionPay, Local Bank Transfer, Visa, MasterCard, Yandex Money, PSB-Retail, Alfa-Click, MyPay|
|Account currencies||EUR, USD, RUB|
|Other instruments||Forex, Commodities, Indices, Stocks, Bitcoin|
|Languages||Chinese, English, Russian, Malay, Thai, Vietnamese, Hindi, Marathi|
|Platforms||MetaTrader 4, Forex4you Mobile Terminal, Forex4you WebTrader|
|Copy Trading Brokers|
|Bitcoin Forex Brokers|
Technical support in Forex4you is slow and often misleading. During high activity, orders open perfectly and do not close (waiting for a response from the server, as a result, a wild slippage and you're in the wild minus). Stops are always demolished unexpectedly by firing candles. These quotes only vaguely resemble real ones. The kitchen is 100%. Terms of deposit and withdrawal of money with huge commissions. Deposit freeze for a month. Normal brokers do not have such nonsense. You can only trade using scripts or advisors that do not transfer stops and takes to the broker. Used old terminal MT4. Any changes to the settings / access restrictions, changing the minimum version of the terminal, all this passes without notifying users. Your terminal just doesn't connect. And the fact that you have purchased indicators, advisors, which are sharpened for a certain version (and they need to be rewritten for a new one, and this takes time), Forex4you does not care.
There are not many forex brokers available that focus on the platform usability side of trading, as well as the friendly support and community side of identifying each need of traders through various channels to help you. I think this one takes me to the next level in my trading. With step by step I grow my balance to 87% at this moment and it's not the limit. Thanks people from forums and guys from support side for my profit. I’m also going to use their trading signals and money management plan as a guide for implementing the new strategies I learned. Concentrate on your trading plan and use additional help from support members.
But of course! They attract by a winning prize. Do you think a broker should be attractive due to some doubtful promises? like those bonuses, you know, which decrease liquidity. I think that it is expected to offer the comfortable trading conditions first of all. And what can we see here? Standard account is not swap-free. Signals from trading center are not delivered in a proper way and timely. Robots trades against a trader. I faced the spread up to 200 pips! Is it normal for a brokerage company? And they launched the program of the withdrawal commission charges right at that time when I was going to take away my money. Nothing to catch here!
I've had a highly unplaesant accident with Forex4you. I've created a personal trading strategy to trade on volatile markets. Then waited patiently for a suitable moment and at last have made three dozen of profitable transactions. But the next day I received a letter from the broker which said that all my transaction had been annulated. It was explained that the broker had had technical breakdowns at the moment and that was why my profit was illegal. But that explanation is a bullshit. I talked to other traders, they had not received similar messages, neither there were any news about this on the site of the broker. So the broker does not want clients who are capable of making profits.
I cannot say anything good about Forex4you. Despite the broker is large and has a lot of clients, they do not have reliable regulation or lisences. So they easily may get broke and all the clients will lose their money forever. A friend of mine traded with them. He said that the conditions are average but the risks are higher than average.