Forex4you
- Trust score
- 8/10
- Legal simplicity
- 8/10
- Min. deposit
- 50
- Payment systems
Features
- Low minimum deposit
- PAMM service
- Copy trading
- Trust management
- Islamic accounts
- Deposit bonus
- ECN accounts
- Scalping allowed
- Affiliate program
Pros
- Withdrawal requests are typically processed within two hours
- Scalping is allowed
- Cent and ECN accounts available
- No minimum deposit requirement
- Licensed by the FSC
- Video analytics and webinars
- Attractive partner/affiliate terms
- Fast order execution
- Excellent customer service
Cons
- Occasional requotes and slippage
Updated:
Forex4you, operated by E-Global Trade & Finance Group, Inc. since 2007, is regulated by the BVI Financial Services Commission and the FSC in Mauritius. It offers MetaTrader 4 and a proprietary WebTrader platform, the Share4you copy-trading service, PAMM accounts, and educational resources, with client funds held in segregated accounts.
Regulated forex and CFD broker offering copy trading via Share4you, cent accounts from $1, and a multi-level affiliate program.
Forex4you is a forex and CFD broker operated by E-Global Trade & Finance Group, Inc. since 2007, regulated by the BVI Financial Services Commission and the FSC in Mauritius. It offers MetaTrader 4 and a proprietary WebTrader platform, copy trading through Share4you, and account minimums starting from $1 on cent accounts.
Regulation and License
Forex4you is registered in the British Virgin Islands under registration number 1384287 and regulated by the BVI Financial Services Commission (BVIFSC) under license SIBA/L/12/1027. The broker is also regulated by the FSC in Mauritius. Its liquidity providers include Sucden Financial Limited, Boston Technologies, and INTL FCStone Inc.
Trading Platforms and Account Types
Forex4you offers MetaTrader 4 alongside its proprietary WebTrader, which includes Trading Control, Equity Stop Loss, and a Liquidity Pool feature. Account types include:
- DDE accounts (Cent and Classic): dealing-desk accounts suited to beginners.
- NDDE accounts (Cent NDD and Classic NDD): direct access to the interbank market without a dealing desk.
- STP PRO: built for professional traders, with end-to-end order processing and high-speed execution.
Copy Trading and Education
The Share4you service lets clients copy trades from other traders, with the option to scale position size and set leverage independently. Forex4you also provides educational resources and a free demo account, and its cent account has a minimum deposit of just $1, making it accessible to beginners.
Fund Safety
Client funds are held in segregated accounts, with significant deposits kept in Swiss bank accounts. Forex4you offers negative balance protection but does not participate in a compensation scheme.
Support and Global Reach
Forex4you serves clients worldwide, with particular popularity in Thailand, Vietnam, Russia, and India. Customer support is available in English, Hindi, Russian, Malay, Mandarin, Cantonese, and Thai, with response times varying by language.
Fees and Spreads
Commissions vary by account type: the Classic Pro account charges $8 per lot, above the market average. The minimum EUR/USD spread on standard accounts is 0.9 pips.
Affiliate Program
Forex4you runs a multi-level affiliate program alongside its standard trading and copy-trading services.
