Forex4you Review 2019 | Is Forex4you a Scam or Legit Forex Broker?

Read our Forex4you review to find out if Forex4you is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.7/ 5

Rating breakdown

Protection & Regulations
60% Complete (danger)
3.0/5
Trading platforms
100% Complete (danger)
5.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
Forex4you
Forex4you Overview

Forex4you is an offshore FX and CFD brokerage company that began a revolution to match EU & UK brokerage standards. This FX and CFD broker has grown to offer brokerage services to more than 1.5 million traders worldwide.

# Broker's Features FOREX4YOU Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Forex4you.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Forex4you offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Crypto.

Tradable Products: Forex4you offers the opportunity to trade more than 150 assets, distributed across several asset classes such as Currencies, Indices, Commodities, Stocks, and Cryptocurrencies.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. Forex4you is N/A.

Features: Forex4you allows traders to copy other more experienced traders, and also allows experienced traders sell their signals using the proprietary Share4you platform.

Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Forex4you recommended minimum capital is $1.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Forex4you is regulated by FSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Investor Protection & Regulations: Forex4you provides investor protection via continuous audit of the broker’s records, robust funds security via account segregation, internal risk control mechanisms and capital adequacy.

Languages Available: Next lets have a look at each broker's different Language options. Forex4you offers Chinese, English, Malaysian, Russian, Thai.

Payment methods: Next lets have a look at each broker's payment options. Forex4you offers redit Card, Cryptocurrencies, Moneybookers, Neteller different payment methods for each account types.

Deposit and withdrawal: Forex4you presents a number of deposit/withdrawal options that can be used by clients all over the world. There is a deposit/withdrawal method for every trader, no matter the location, onForex4you.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Forex4you makes MetaTrader 4, Proprietary available to clients.

Web & Desktop Trading Platforms: The MT4and MT5 platforms are provided by Forex4you as a WebTrader, mobile apps and a desktop application that can be downloaded from the website.
Mobile Trading Platforms: The mobile version of the MT4 platform is provided by Forex4you, as well as a proprietary mobile application. Simply enter your phone number to get the link with which to download the authentic versions of the proprietary mobile app from Forex4you at the Google Play and App Stores.

Other

Trader Education
Forex4you has a very comprehensive trader education suite. Apart from webinars and seminars, Forex4you used to maintain a blog which featured illustrative articles on virtually every subject matter in forex and CFD trading. However, the blog has been discontinued.

Promotions
Being an international, offshore FX broker, Forex4you is not bound by the restrictions on bonuses and promos as is the case with brokers based in Europe and the UK. Several promotions and bonuses are available.

Support
Forex4you has various means of providing customer support, and these are available on a 24/5 basis. Reach the customer support desk using live chat, country-specific phone numbers, email and the online calling app. Support is available in several languages.

Recup
Forex4you is an offshore broker operating from the BVI and a network of regional offices. It also works with local partners that are able to promote the brand and organize local seminars. It is regulated by the FSC and offers investor protection in the form of clients’ account segregation, customer identification, regular auditing and increase in capital adequacy ratios.

Final Thoughts
To compete with the top-tier brokers, Forex4you needs to review its regulatory policies and aim to site a branch in Europe to at least get a top-tier brokerage license which will boost investor confidence.

Trading Experience
Forex4you brokerage service is suitable for entry-level and intermediate-level traders. Expert traders will not find the tools they use for their kind of trading style on Forex4you

People Also Asked

Is Forex4you regulated?
Yes, Forex4you is regulated by top-tier regulators, FSC inclusive.
Where is Forex4you based?
Forex4you is based in British Virgin Islands
How does Forex4you make money?
Forex4you charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in Forex4you account?
With Forex4you you can deposit money via the following means; redit Card, Cryptocurrencies, Moneybookers, Neteller.
How do I withdrawal in Forex4you account?
Forex4you lets you request a withdrawal of funds from your account via the following means; Credit Card, Cryptocurrencies, Moneybookers, QIWI,.
What is the minimum deposit for Forex4you?
Forex4you has $1 minimum deposit.
What are the available account base currencies with Forex4you?
Forex4you trading accounts are offered in N/A. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Forex4you?
Forex4you has a maximum leverage is 1:1000 for professional traders.
How do I open an account with Forex4you?
Opening an account with Forex4you is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does Forex4you use MetaTrader?
Forex4you platforms: Yes, Forex4you use MetaTrader as well as the following platforms: MetaTrader 4, Proprietary
What type of broker is Forex4you?
Forex4you appears to be a N/A broker which offers market access to a variety of traders.
Does Forex4you accept US clients?
No
Does Forex4you offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with Forex4you: You can trade a wide variety of instruments with Forex4you: Currencies, Commodities, Indices, Stocks, Crypto