About its history and mission
Forex4you was established in 2007. It is a CFD broker that offers affordable trading solutions accessible to retail clients. Apart from these innovative platforms, the firm enjoys competitive pricing while offering a variety of account types, most notably providing services to traders in their own right. It is known to provide an array of services ranging amongst different financial instruments with tailor-made client services characteristics.
- Founded
- 2007
- Headquarters
- Virgin Islands, British
- Address
- Website
- https://www.forex4you.com/
Strengths and Weaknesses
Strengths
- Broad Platform Options: Forex 4 You supports popular trading platforms including MetaTrader 4 and MetaTrader 5, alongside its proprietary platform
- Copy Trading Available: Traders can engage in copy trading, leveraging the strategies of more experienced traders
Weaknesses
- High Risk Trust Score: With a trust score of 61, Forex 4 You is considered riskier than competitors holding Tier-1, Tier-2, or Tier-3 licenses
- Limited Forex Pairs: The platform offers only 43 forex pairs, which may be fewer than those available at larger brokers
Safety and Regulations
Their security deals with how funds are safeguarded for their client. Forex4you is regulated by the Financial Services Commission (FSC) of the British Virgin Islands with a license number SIBA/L/12/1027. The broker must safeguard the money of clients on account with:
Regulators
- Accounts which are segregated from those of any other institution as they are held at reliable financial institutions.
- Negative balance protection is offered for its retail clients.
- Robust encryption methods for safe online operations.
Instruments Available
Types of Accounts
Cent Pro
- Minimum deposit
- $0
- Commission
- 0.1
- Available tools
- 0
- Leverage
- 1:10 to 1:4000
- Margin call level
- 50
- Stop-out level
- 10
Classic Pro
- Minimum deposit
- $0
- Commission
- 0.1
- Available tools
- 0
- Leverage
- 1:10 to 1:4000
- Margin call level
- 100
- Stop-out level
- 20
Classic Standard
- Minimum deposit
- $0
- Commission
- 0.9
- Available tools
- 0
- Leverage
- 1:10 to 1:4000
- Margin call level
- 100
- Stop-out level
- 20
Fees and Charges
Forex4you keeps a mouth-watering fee structure:
Trading Platforms
Customer Support
- Phone
- En: 44 330 027 1824 Hindi: 000-800-443-0039 Malay: 1 800 813 772 Chinese / Cantonese: 44 207 193 9932 Thai: 66 02-0260692 Indonesian: 620078033212324 Vietnamese: 028-73004102 / 12032673
- Hours
- 24/7 - phone, email, live chat
Deposits and Withdrawals
- Processing time
- Upon deposit, most transactions are posted immediately, while withdrawals take 1-3 business days.
- Fees
- No deposit fees, for withdrawals, it depends on the instruments.
FAQ
Is Forex4you a regulated broker?
What sorts of platforms are there available at Forex4you for trading?
What is the minimum deposit required to open an account?
What is the maximum leverage available on Forex4you?
Users reviews
Soeminnaing
Feb 12, 2024
I had a positive experience with this service.
Ngoc Nguyen
Feb 10, 2024
Great experience with their service; trades are executed swiftly.
วีรพงษ์ แสงลู่ทอง
Feb 6, 2024
Reliable Broker. I've consistently chosen this broker for my trading activities.
Showing 1–3 of 10 reviews