Forex4you Review 2023 – Pros and Cons

UPDATED ON :

Forex4you is a forex brokerage company that was founded in 2007. It is part of the E-Global Trade & Finance Group, Inc. and is based in the British Virgin Islands. Forex4you offers online trading services in the foreign exchange (forex) market, as well as other financial instruments such as commodities, indices, and cryptocurrencies.

The company provides a range of trading platforms including the popular MetaTrader 4 and MetaTrader 5 platforms, as well as its own proprietary trading platform. Forex4you also offers a variety of trading accounts to suit different trading styles and preferences, including Cent, Classic, Pro, and VIP accounts.

Forex4you is regulated by the Financial Services Commission (FSC) of the British Virgin Islands and operates in compliance with international financial regulations. The company emphasizes transparency, reliability, and security in its operations and is committed to providing its clients with a safe and trustworthy trading environment.

Forex4you

Brokers Name

Forex4you

Regulation

FSC, B.V.I FSC

Established

2007

Headquarters

British Virgin Islands

Trading Desk

Market Maker

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English

Account Details

Accounts

Cent, Fixed Cent, Pro, Classic, Fixed Classic, Pro Classic, Standard, Demo

Min. Deposit

$0

Base Currencies

USD, EUR

Leverage

1:2000

Spreads

0.9 pips

Fixed Spread

Yes

Margin Call / Stop Out

100% / 20%

Trading Platform

MT4, MT5

Trading Instruments

Cryptocurrencies, Forex, Commodities, Indices, Stock CFDs

Pros

  • Wide range of trading instruments
  • Variety of trading accounts to suit different trading styles
  • Regulated by the FSC of the British Virgin Islands
  • Offers MetaTrader 4 and MetaTrader 5 platforms
  • Provides educational resources

Cons

  • Limited access to certain markets and trading instruments
  • No access to stocks or futures trading
  • Limited customer support options outside of live chat and email
  • No physical offices or in-person support options available
  • No mobile app for its proprietary trading platform

Trading Features

Commission

Yes

Mini Accounts

Yes

Standard Accounts

Yes

VIP Accounts

Yes

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Visa, MasterCard, Neteller, Skrill, WebMoney

Withdrawal

Visa, MasterCard, Neteller, Skrill, WebMoney

Contacts

Phone

+44 330 027 1824

Email

support@forex4you.com

Address

First Floor, Mandar House, Johnson’s Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *