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- Types of accounts
- Reviews (72)
Broker Forex4you is part of E-Global Trade & Finance Group, Inc. and provides Forex trading services since 2007. Forex4you is engaged in the following activities:
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trade on Forex;
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the system of PAMM-accounts;
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copying service Share4you transactions;
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safety of client funds (deposits from 100,000 dollars stored in Bank accounts in Switzerland);
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learning the trade;
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multi-level affiliate program.
Regulation and license Forex4you
Forex4you broker registered in the British virgin Islands under the number 1384287. It is regulated by the BVIFSC and has the license number SIBA/L/12/1027. Liquidity providers Forex4you are big banks: Sucden Financial Limited, Boston Technologies, GSL, INTL FCStone Inc., The COMPANY and KPMG. For the diversification of clients ' funds Forex4you cooperates with the following banks: PPF Group, OCBC, Alfa-Bank, Novo Banco, and ABLV Bank.
Processing technology deals in Forex4you
The company Forex4you offers three groups of Forex accounts that differ in trading conditions and the degree of participation of a dealer:
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DDE accounts (Cent and Classic) – Dealing Desk Execution accounts involving dealing center;
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NDDE-account (Cent NDD and Classic NDD) No Dealing Desk Execution accounts without the participation of the dealing, with direct access to the interbank market;
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STP PRO is a professional type of account that provides end-to-end processing of applications.
Let us dwell on the main types of trading accounts. Cent account is suitable for beginners for a trade not require large amounts. Enough to Deposit $ 10 and it will be the equivalent of 1 000 cents. Also use cent accounts for testing strategies and expert advisors. The Cent NDD account has the corresponding advantagessociety on a regular cent account: transactions are executed at market price with no requotes approximately 0,86 seconds instead of 1.74 seconds, floating spread from 0.1 pips, but please note that you need to pay extra Commission of $ 10 for 1 lot. In the classical accounts increased speed of order execution (to 0.27 seconds on Classic NDD) and there is no limit on the maximum number of orders. These accounts are suitable for traders who have learned to understand all the intricacies of the market and are ready to move to a new level. It should be noted that in addition to charging a spread on the Classic NDD account will be charged a Commission of 8 dollars for 1 lot. Account Pro STP is suitable for professionals, operating large volumes on Forex. Due to its transparency, high speed performance (0,16 seconds) and narrow spreads this type of account is ideal for scalping. Additional Commission not exceeding 10 dollars for 1 lot. On all types of accounts subject to the same requirement to the minimum amount of Deposit is $ 50. However, for Classic account it is recommended to use at least $ 500, and the accounts Classic, NDD and Pro STP not less than $ 1,000. Also on all accounts permitted to trade robots and scalping.
The features of the trade Forex4you
To trade successfully in Forex4you and avoid any contentious situations with customer support company, you need to consider a number of features of the broker:
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For a couple of hours before market close on Friday, may decrease the leverage to 1:100 for new positions;
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Dealing center can forbid you to open and close trades, which could lead to decreased levels of Margin to the Margin Call within a couple of hours before market close, and also to hedge positions;
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If the gap closes above the order open price and Take Profit level, then the transaction will be cancelled (paragraph 4.13 of the Rules and paragraph 4.11 of the Agreement);
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In the case of execution of transactions on non-market, kotiroof application or errors dealing center, the company is entitled to cancel such order (paragraph 4.11 of the Agreement).
PAMM-account in Forex4you
Broker Forex4you offers two types of PAMM accounts: PAMM Classic and PAMM Cent. With the help of PAMM cent accounts it is possible to estimate the terms of trade and the transparency of the relationship between the Manager and investors, while the classic PAMM account is ideal for professional trade and investment. The minimum Deposit on PAMM-accounts is $ 100 and the minimum investment is $ 20, the amount of investment could be corrected the Manager of the PAMM-account.
The customer service Forex4you
Broker Forex4you one of the first suggested to use the services automatically copy trades of traders. While investors have a number of advantages: the funds remain on their account, are paid only profitable trades, thanks to the special functions Zoom you can adjust the volume of transactions and the leverage for your account. Leaders offer their signals for copying their trades, receive compensation from subscribers, thereby increasing your capital. In addition, Forex4you regularly holds contests and different promotions to their customers. Thus, the broker will be interesting both for beginners and professional players. It should also be noted that in order to counter money laundering all the funds credited to the trading account can be withdrawn only through the payment system, which was implemented for the Deposit.
- Year of foundation 2007
- Head Office address First Floor, Mandar House, Johnson
- Maximum leverage 1:1000
- Min. deposit $50
- Regulation BVIFSC
- Trading Platforms MT4
- Payment systems for input Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Яндекс.Деньги, Альфа-клик, QIWI, РБК Деньги, NETELLER, Система W1, Интернет-банк Промсвязьбанк, Сбербанк ОнЛ@йн
- Payment systems for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Webmoney, Яндекс.Деньги, QIWI, NETELLER
- Number of trading instruments 40
- Number of CFD instruments 68
- Number of metals 5
- Pro STP
- Classic NDD
- Cent NDD
- Classic
- Cent
- Min. deposit$50
- Minimum order size0.01
- Maximum leverage1:200
- SpreadFloating
- ScalpingAllowed
- Trading with Expert AdvisorsAllowed
- Trading PlatformsMT4
- Quote4
- Stop Out Level20%
- Number of trading instruments42+68+8
- Commission for 1 lot10$
- Margin Call Level100%
- HedgingAllowed
- Min. deposit$50
- Minimum order size0.01
- Maximum leverage1:1000
- Minimum EUR/USD spread0.1
- SpreadFloating
- ScalpingAllowed
- Trading with Expert AdvisorsAllowed
- Trading PlatformsMT4
- Quote5
- Stop Out Level20%
- Number of trading instruments37+68+4
- Commission for 1 lot8$
- Margin Call Level100%
- HedgingAllowed
- Min. deposit$50
- Minimum order size0.01 (0.0001)
- Maximum leverage1:1000
- Minimum EUR/USD spread0.1
- SpreadFloating
- ScalpingAllowed
- Trading with Expert AdvisorsAllowed
- Trading PlatformsMT4
- Quote4
- Stop Out Level10%
- Number of trading instruments37+69+4
- Commission for 1 lot10$
- Margin Call Level50%
- Swap FreeYes
- HedgingAllowed
- Min. deposit$50
- Minimum order size0.01
- Maximum leverage1:1000
- Minimum EUR/USD spread2
- SpreadFixed
- ScalpingAllowed
- Trading with Expert AdvisorsAllowed
- Trading PlatformsMT4
- Quote4
- Stop Out Level20%
- Number of trading instruments40+36+2
- Margin Call Level100%
- HedgingAllowed
- Min. deposit$50
- Minimum order size0.01 (0.0001)
- Maximum leverage1:1000
- Minimum EUR/USD spread1,5
- SpreadFixed
- ScalpingAllowed
- Trading with Expert AdvisorsAllowed
- Trading PlatformsMT4
- Quote4
- Stop Out Level10%
- Number of trading instruments43+34+2
- Margin Call Level50%
- Swap FreeYes
- HedgingAllowed
The first ones prevent the client from earning money
The latter contribute to the client's earnings in every possible way.
This company is clearly doing everything in order to retain customers and constantly working to improve the conditions of the auction.