«Forex4you»: reviews, accounts, trading and income
Forex4you was founded over 10 years ago by E-Global Trade & Finance Group, Inc. It is a licensed broker with a regulator in the Virgin Islands.
Reviews about «Forex4you» show that you can trade over 150 financial assets here. These are fiat and crypto pairs, CFDs of stocks, indices, commodities.
There are 5. Let’s talk about each in more detail.
|Name||Deposit||Execution of orders||Spreads||Commission||How many positions can be opened at a time|
|Cent||Cent||Exact||Fixed, from 1.5 points||No||Up to 500|
|Classic||Standard||Accurate, up to 1.05 sec.||Fixed, from 2 points||No||Up to 500|
|Cent NDD||Cent||Market, 0.77 sec.||Floating, from 0.1 pips||10 cents per lot||Up to 500|
|Classic NDD||Standard||Market, 0.62 sec.||Floating, from 0.1 pips||8 dollars per lot||Up to 500|
|Pro STP||Standard||Market, 0.34 sec.||Floating, from 0 pips||10 units of base currency||Up to 500|
Cent deposits (Cent and Cent NDD) are traded without swaps. In the rest, the transition through the night will have to be paid. The minimum deposit for opening any account is $ 0. The broker supports three base currencies: euros, dollars and rubles. The leverage in the Pro STP account can be up to 1 to 200, in the rest – 1 to 1000. It depends on the deposit. The larger the value, the less the proportion of the loan. Forex4you gives a bonus up to 100% of the deposit. Everyone except Pro STP account holders gets it.
Broker clients can duplicate positions opened by experienced traders (they are called leaders). Social trading is conducted on 4 accounts with cent and standard lots. Trades are copied in proportion to the size of the deposit. Thanks to this, risk diversification is maintained.
In reviews about ” Forex4you ”make it clear: traders, whose transactions are copied, set the size of the commission they want to receive. By the way, anyone who has trading experience can become a leader. To do this, you need to go to your “Personal Account” and convert your account.
Many of those who have written reviews on forex4you.com talk about trust money management. Here you can become a manager or investor. What is the difference between them: The first invests experience, knowledge and skills in trading financial instruments. He brings money to his clients, and they pay him a commission – 20% of the income. The second invests his capital and takes up to 80% of the profit. The manager can also invest in trading. Many experienced traders trade on their own and manage the funds of colleagues in the shop.
Execution of orders
Forex4you has its own service that collects quotes on trading floors. It works on all accounts except Pro STP. The broker’s clients receive the best Bid / Ask asset value. And their orders are executed using an exclusive technology.
There are 4 of them:
MetaTrader 4. The best program with many settings. It is suitable for any strategy.
Mobile. Own development ” Forex4you “. Installed on smartphones.
WebTrader. Browser terminal. It is designed to trade the instruments offered by the broker.
Desktop. Alternative to Metatrader 4 for PCs and laptops.
Forex4you supports 9 ways to deposit money.
|Bank cards “Visa”, “Mastercard”||from 1.3%|
|Online banking Promsvyazbank, Alfa-Bank, Sberbank||from 1.5%|
|QIWI, Skrill, WebMoney, Yandex.Money, Neteller||from 0%|
Whatever the trader chooses, they will act instantly.
Taking money is easy. This is confirmed in reviews of “ Forex4you “. The main thing is to go through a one-time verification. It takes up to 12 hours. They offer to withdraw earned money in the same way as to replenish. If you use Yandex.Money, QIWI, Skrill, WebMoney or Neteller, the money will come immediately. Transactions to a bank account or card take 2 to 6 business days. The amount of the commission depends on the chosen method.
Forex4you offers technical support in seven languages. The telephone number of the Russian-speaking support: 8 (800) 775-29-48. You can write to the email ( email@example.com ), to the online chat or fill out the feedback form. And here is the address of the head office ” Forex4you “in the Virgin Islands: 1st Floor, Mandar House, Johnson’s Ghut, PO Box 3257, Road Town, Tortola.