Broker review

Forex4you Broker Review

Forex4You is a beginner-friendly broker with an initial deposit of only $1. Cent accounts, leverage up to 1:500, and the Share4you copy trading platform are available to support traders.
Updated January 1, 1990 Written by adminprog Viewed 225 kali

Forex4you is a broker under the auspices of E-Global Trade & Finance Group, Inc. FSC British Virgin Islands licenses this broker under the Securities and Investment Business Act with certificate number SIBA/L/12/1027. Based on data on the official website as of December 2019, Forex4You has recorded 1.8 million users, 728 million executed orders, 10 choices of payment methods, and support for 8 languages.

Forex4you cooperates with various technology companies, banks, liquidity providers, and external auditors to provide honest, safe, and satisfying services. These institutions are Banco Espirito Santo (the largest private bank in Portugal), PPF Bank, OCBC Bank, ABLV Bank, Sucden Financial Ltd, Boston Technologies, and others. Forex4You clients' funds' safety is ensured through segregated customer accounts from company accounts.

The account types offered by the Forex4You broker also vary, starting from Cent, Classic, Cent NDD (No-Dealing Desk), and Pro STP. The minimum deposit starts from 0 USD, and the leverage is 1:1000, making Forex4You a consideration for beginners. Execution speed starts from 0.37 seconds on pro-STP accounts up to 1.72 seconds on Sen accounts. The spreads are divided into 2 types: floating (starting from 0.1 pips) and fixed (starting from 2 pips). On Cent and Classic accounts, no commission is charged. Meanwhile, commissions on pro-STP accounts start from 8 USD per lot.

Lihat Juga
News : Forex4you Rebranding, Change Name to Markets4you

Broker Forex4You also offers a partnership program and attractive promotions for its clients. There are 3 flexible collaboration schemes: a 3-level affiliate program, an agent program, and Pro STP Markup. By becoming a Forex4You broker partner, you can earn additional income through spreads. The more clients that register with 1 partner, the income of that partner will increase. It is free of charge and without the need to fill out a deposit first. All you have to do is register on the official page.

Broker Name Forex4you
Website Click here to visit Forex4you's official page
Company E-Global Trade & Finance Group, Inc
Founded On 2007 year
Regulators FSC British Virgin Islands under the Securities and Investment Business Act with certificate number SIBA/L/12/1027
Customer service Phone/fax: +44 207 324 6372
Indonesian Customer Service: 1 800 813 772 (toll-free)
24/5 customer service via chat, email, and telephone.
website language English, Hindi, Malaysian, Thai, Vietnamese, Mandarin
Deposits And Withdrawals Credit Cards, E-payments (Netteler, Skrill, WebMoney)
Partnership Program ✔️
Educational Content ✔️
Trading platforms MetaTrader 4 for Windows, Android, iPhone
Trading instruments Forex, CFD, Commodities
Spreads Fixed Spreads
Minimum initial deposit 1USD
Account Currency USD, EUR
leverage Up to 1:500
Minimum Lots 0.01 Lots
Account Type Cent and Standard
Swap-free Account ✔️
Segregated Accounts ✔️
Order Execution Super Fast
Margin Call/Stop Out ✔️
Promotion ✔️
Copy Trading ✔️
Bonus ✔️

 

Trading Account Options

One of the strengths of Forex4you is the wide variety of Trading Accounts it offers. You can trade with a dealing desk (DDE), without a dealing desk (NDDE), or open a PAMM account. Furthermore, this broker offers a Cent Account where you can trade with a deposit as small as $1. If you are a professional trader, Forex4you also accommodates your needs by providing a Pro STP Account, which is touted to have slippage control.

Lihat Juga
Article : How to Open a Forex4you Demo Account

 

Partner with Forex4you

Like any forex broker in general, Forex4you also offers you the opportunity to become their partner. The difference is that Forex4you provides more unique options. An online partner option is perfect for those active in cyberspace, an official representative option for those who want to open a brokerage business, and an offline partner for those who are affiliates of several brokers at once.

There is also a unique opportunity to take part in a multilevel program, where you can earn income in a tiered system. If a client you introduce to Forex4you becomes a partner and introduces another person, you get your direct client's share of the spread and your client's share of the client's. And so on if the client also becomes a partner and introduces another client.

Becoming a Forex4you partner is a rare opportunity to harvest fortune besides forex trading. As well as earning commissions from the multilevel system, you also earn per-order and per-client commissions. To become a partner, you don't have to invest funds by registering here.

 

Conclusions and Recommendations

At first glance, the trading rules at this broker are complicated and convoluted. However, Forex4you attempts to be transparent and honest in its operations, as well as demonstrate excellent skills as a broker.

Forex4you earnestly encourages its clients and prospective clients to succeed as traders, whether they are beginners or experienced, with little or a lot of capital, full-time or part-time. This is evident from the various advantages it offers:

 

Advantages of Forex4You

  • Account Choices with Various Specifications
    Both novice and professional traders will have no difficulty choosing the Forex4You trading account that suits them because the choice of accounts offered by Forex4you is very varied. The trading conditions have been explained transparently on the official website, with maximum leverage, minimum deposit, spreads, and commissions charged.

  • Trader Room
    The Trader Room at Forex4you is complete and can answer any trader's needs. Besides the usual functions on display for clients, such as deposits/withdrawals and Account History, Forex4you also provides trading analysis from Trading Central for EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, and AUD /USD. There is also a Forex guidebook that traders can download for free. For traders who like to use social media, there is also a feature that connects trading accounts with Facebook. Sharing analysis results and trading ideas is getting easier.

  • Share4You Copytrading Program
    Beginner traders can increase their chances of making a profit in the forex world through the Share4You feature. Not everyone has the experience, and that's why Forex4You makes it easy for novice traders to copy the trading activities of professionals with an automated service. No need to download additional applications. Trading risks remain under control and are easy to operate.

Most Popular Broker News

view all

Most Popular Broker Articles

view all

Broker Testimonial

view all

Forum

view all
Comments 22
Showing Last 10 Comment |
T

Talim

Does this broker provide free VPS facilities and trading insurance? So for example, if I open a position but the price goes against me, at least I can get a 30% cashback.
9 Tahun lalu
R

Rangga

wow I just heard that there is such an insurance feature. There isn't such an insurance feature at the forex4you broker yet. But if free vps can usually be assisted by the customer service, sir. So later you can ask the CS to provide a free VPS.

Usually, they will show which account types provide free VPS and what the minimum deposit required is.
9 Tahun lalu
I

Index22

fixed spread on standard accounts starts from 2 pips, does that mean in normal market conditions? What situations usually cause the spread to change from 2 pips? I thought it was called fixed spread.
9 Tahun lalu
B

Bekti

Yes, it is true that the spread is fixed at 2 pips on major pairs in normal market situations. However, sometimes market liquidity becomes limited and the spread has to be increased or its status changed to floating. This condition usually occurs during the release of important news.
9 Tahun lalu
D

Darin

I actually want to try trading with an international broker, because I have played with local brokers several times and to be honest, I am disappointed with their performance. Now, the question is is this broker's standard really reputable?
9 Tahun lalu
R

Rio

Regarding legality and quality assurance, this broker operates under the Securities and Investment Business Act with certificate number SIBA/L/12/1027. If you still feel uncertain about the regulation, we suggest trying their services with a relatively limited deposit only.
9 Tahun lalu
R

Rusdi

Does this broker have an ECN account? I mean a real ECN, not a fake one. What's the minimum capital if there is?
9 Tahun lalu
R

Rizky

hmm if it's a pure ECN account, it seems that broker forex4you hasn't provided it yet. But for non-dealing desk accounts (not a market maker), they do have it. The real issue is who the liquidity provider is; even if they are a market maker, if they play honestly and transparently, it shouldn't be a problem.

So even though they are a market maker, if they always follow the initial regulations and are transparent in informing about spread values, potential slippage, etc., then everyone involved is essentially in the same position as trading at the interbank level (ecn).
9 Tahun lalu
H

Heni

Is it true that with just US $1 I can already trade at this broker? What type of account will I get? Cent?
9 Tahun lalu
R

Redi

Yeah, actually you can deposit just USD 1, but in practice, I don't think many people deposit only $1, it's basically just putting in money, not to mention the hassle of registering with document verification, it doesn't really match the effort involved.

Deposit of USD 1 is applicable in cent and classic accounts on forex4you as far as I know.
9 Tahun lalu
R

Rio

@heni if you are still in the learning stage of Forex, it is recommended to open a cent account with a minimum risk capital (funds that are ready to be risked, not for daily needs). With a cent account, you can learn scalping or swing trading with relatively lower risk than with other accounts.
9 Tahun lalu
D

Destin

I'm interested in joining trading, bro. I was invited by my friend to trade on forex4you, he said it can be a way to earn extra income, right? How do I do it?
9 Tahun lalu
R

Rio

Forex4you offers a variety of accounts for trading Forex and CFDs. You can choose one of these account options to start trading.

If you are still new to learning, follow the forex learning program here

It is important to note that forex trading carries a fairly high risk. Therefore, practice first on the demo account provided by Forex4you.
9 Tahun lalu
M

Mahesa

For the broker Frex4you, can it now provide deposit & withdraw facilities with local Indonesian banks?

7 Tahun lalu
CO

Catur Oktovian

According to the information on their site, Forex4you currently only accepts deposits via Neteller, Skrill, Webmoney, and Visa/Mastercard. There is no option for deposits via local banks in Indonesia yet.

7 Tahun lalu
HT

Hana tatahupia

Good afternoon, is forex4you still around and growing in 2021? Because there are many offers from other parties that also offer investments, and is this not an online scam, as many are misusing trades like this?
5 Tahun lalu
HT

Hana tatahupia

Good afternoon, is forex4you still around and growing in 2021? Because there are many offers from other parties that also offer investments, and is this not an online scam, since many misuse trading like this?
5 Tahun lalu
M

Mira

Is the regulator for Forex4You still just that one? I'm not very familiar with the SIBA regulator, so I don't know how credible this system is.
10 Tahun lalu
K

Karni

I have tried scalping trading at this broker, and I think the spread is quite decent, fixed at 2 pips, although I really feel it could be lower.
10 Tahun lalu
AS

Agung Sukarsa

@Keliling2; So, as a broker partner, we give rebates to the referred traders. Meanwhile, we earn commissions from the trading of the traders who register under our referral. The more trades that trader makes, the bigger our commission will be. The rebate is taken from a portion of that commission.

It's like we've already received the commission, and then to make it more appealing, we take a part of that commission to share it back with the traders. This way, traders become more enthusiastic about trading, and of course, it can attract new traders who want to join our referral.
10 Tahun lalu
G

Gemblung

Is it true that the broker forex4you promises a pro account with no requote and no slippage? What is the minimum deposit for a Pro account?
9 Tahun lalu
R

Ratih

On their website, it doesn't state the minimum deposit to open a pro STP account, so let's assume there is no minimum deposit requirement. In my opinion, what should be considered are the spread and the commission. In the pro STP account, the spread is floating starting from 0.5 pip, while the commission is USD 10/lot.
9 Tahun lalu
T

Talim

Does this broker provide free VPS facilities and trading insurance? So for example, if I open a position but the price goes against me, at least I can get a 30% cashback.
9 Tahun lalu
R

Rangga

wow I just heard that there is such an insurance feature. There isn't such an insurance feature at the forex4you broker yet. But if free vps can usually be assisted by the customer service, sir. So later you can ask the CS to provide a free VPS.

Usually, they will show which account types provide free VPS and what the minimum deposit required is.
9 Tahun lalu
I

Index22

fixed spread on standard accounts starts from 2 pips, does that mean in normal market conditions? What situations usually cause the spread to change from 2 pips? I thought it was called fixed spread.
9 Tahun lalu
B

Bekti

Yes, it is true that the spread is fixed at 2 pips on major pairs in normal market situations. However, sometimes market liquidity becomes limited and the spread has to be increased or its status changed to floating. This condition usually occurs during the release of important news.
9 Tahun lalu
D

Darin

I actually want to try trading with an international broker, because I have played with local brokers several times and to be honest, I am disappointed with their performance. Now, the question is is this broker's standard really reputable?
9 Tahun lalu
R

Rio

Regarding legality and quality assurance, this broker operates under the Securities and Investment Business Act with certificate number SIBA/L/12/1027. If you still feel uncertain about the regulation, we suggest trying their services with a relatively limited deposit only.
9 Tahun lalu
R

Rusdi

Does this broker have an ECN account? I mean a real ECN, not a fake one. What's the minimum capital if there is?
9 Tahun lalu
R

Rizky

hmm if it's a pure ECN account, it seems that broker forex4you hasn't provided it yet. But for non-dealing desk accounts (not a market maker), they do have it. The real issue is who the liquidity provider is; even if they are a market maker, if they play honestly and transparently, it shouldn't be a problem.

So even though they are a market maker, if they always follow the initial regulations and are transparent in informing about spread values, potential slippage, etc., then everyone involved is essentially in the same position as trading at the interbank level (ecn).
9 Tahun lalu
H

Heni

Is it true that with just US $1 I can already trade at this broker? What type of account will I get? Cent?
9 Tahun lalu
R

Redi

Yeah, actually you can deposit just USD 1, but in practice, I don't think many people deposit only $1, it's basically just putting in money, not to mention the hassle of registering with document verification, it doesn't really match the effort involved.

Deposit of USD 1 is applicable in cent and classic accounts on forex4you as far as I know.
9 Tahun lalu
R

Rio

@heni if you are still in the learning stage of Forex, it is recommended to open a cent account with a minimum risk capital (funds that are ready to be risked, not for daily needs). With a cent account, you can learn scalping or swing trading with relatively lower risk than with other accounts.
9 Tahun lalu
D

Destin

I'm interested in joining trading, bro. I was invited by my friend to trade on forex4you, he said it can be a way to earn extra income, right? How do I do it?
9 Tahun lalu
R

Rio

Forex4you offers a variety of accounts for trading Forex and CFDs. You can choose one of these account options to start trading.

If you are still new to learning, follow the forex learning program here

It is important to note that forex trading carries a fairly high risk. Therefore, practice first on the demo account provided by Forex4you.
9 Tahun lalu
M

Mahesa

For the broker Frex4you, can it now provide deposit & withdraw facilities with local Indonesian banks?

7 Tahun lalu
CO

Catur Oktovian

According to the information on their site, Forex4you currently only accepts deposits via Neteller, Skrill, Webmoney, and Visa/Mastercard. There is no option for deposits via local banks in Indonesia yet.

7 Tahun lalu
HT

Hana tatahupia

Good afternoon, is forex4you still around and growing in 2021? Because there are many offers from other parties that also offer investments, and is this not an online scam, as many are misusing trades like this?
5 Tahun lalu
HT

Hana tatahupia

Good afternoon, is forex4you still around and growing in 2021? Because there are many offers from other parties that also offer investments, and is this not an online scam, since many misuse trading like this?
5 Tahun lalu

You will reply to this comment:

-