Forex4you Review What You Need To Know About This Forex Broker
You can use screen recording, take a screenshot, or attach files from your gallery. Hopefully the educational feature will be added in the near future. Passionate in contemporary global financial issues, I’m currently active in researching topics on cryptocurrency, forex, and trading strategies. If you have a similar issue, try to reinstall the app and make sure you use the latest version. The app itself has a simple trading interface with a minimalistic design. The dominant color is white with small accents of bright green, which makes a great combination of color palettes.
The ultra-small trading volume has been infamous for traders who want to trade in a real account with very minimal risk. However, the numbers of broker offering Cent features are gradually lessening as retail traders seem to keen on taking more risks. Yet, Forex4you maintains their forex4you review Cent Account offering, not only in one type but in two types of execution so beginners can make their own choice on spread over commission or otherwise. This is a very popular technical analysis tool that monitors the charts of several trading instruments at the same time.
- Since there are no restrictions from Forex4you regarding strategies, Share4you Leaders may use automated trading solutions.
- In the face of market volatility, investors can reduce their risk of suffering financial losses by spreading their bets over a variety of asset types.
- In addition, price chart is also usually provided with some analytical tools
to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned
trades. - Inactivity Fee was implemented in the end of 2017 and remains in effect until today.
- Forex4you offers funding via Neteller, Skrill, WebMoney, and bank cards.
You will be exposed to a high risk of loss regarding leverage and margin-based trading. Although we found some very useful aspects of the Forex4You platform that would be useful to some traders. Forex4You are able to accommodate various levels of traders whether you are experienced or a beginner. We understand that informed decisions with Forex4You are the key to successful trading, so we’ve provided this detailed Forex4You review. So, take a seat, grab a cup of coffee, and dive in to learn about Forex4You and how it can benefit you or if Forex4You is not for you. Also did you know that if you want to make suggestions to the broker, there’s a Suggest Improvement feature that you can use from the menu?
Forex4You Commission Fees
All investors’ funds are kept in segregated bank accounts, separate from the company’s funds and thus not used for any other purposes. To ensure accuracy of records and compliancy to stipulated regulatory provisions, Forex4you’s financial records are audited yearly by KPMG which is a renowned world class auditing firm. Big Four accounting firm KPMG is the external auditor, and Forex4you provides annual updates about its performance and statistics. The Management Assertion Report with Independent Limited Assurance Report is available from the website as a downloadable PDF document. Forex4you is a trustworthy broker and takes steps to ensure its clients have a secure, reliable and technologically advanced trading environment.
The platform also holds seminars, although only in Asia at the moment. Forex4you’s total instructional value is among the most valuable assets it provides to customers, and it distinguishes them from its competitors. The platform doesn’t conduct its own research and instead relies on FXStreet for market comments and a financial forecast. Users may follow indicators in the Trader Room via Trading Central. Forex4you’s overall analysis skills continue to compete, and it provides manual traders with a solid variety of equipment. It’s easy to fund the accounts, and traders may do it by going to their own trading area.
Does Forex4You have fees?
A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up. After extensive research over several years, we have compiled a list of the most effective Forex4You alternatives available today. If you are unsatisfied with Forex4You or want to explore other options, we recommend checking out our carefully curated list of highly-rated Forex4You alternatives. Follow the links below to learn more about these Forex4You broker alternatives and choose the one that best suits your trading needs. While it may be a new skill set for some, it is what the market requires for success.
The success of its approach is evident in the displayed growth, as audited by KPMG. ECG Pte Ltd () is an independent publisher and comparison service, not an investment or financial advisor. Its articles, interactive tools, and other content are provided to you for free, as self-help tools and for informational purposes only.
Forex4You Review – Fees
The overall cost structure is even more competitive with the 50% cashback program, which is available to non-partner clients. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
New Year Gift Bonanza – Trade to Win
The story of Forex4you (E-Global Trade & Finance Group, Inc) brand begins in the year 2007, back when majority of Forex Brokers were based in Europe with UK having the most dominant amount of brokers. When Forex4you started operating their trading volumes were roughly around $50 million, which even in 2007 was a very low number. Today, Forex4you has around 40 offices throughout the globe with 5 main offices located in Kuala Lumpur, Mumbai, Ho Chi Minh City (Vietnam), Bangkok and Chiang Mai. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,
anytime and anywhere you want.
One of the most significant assets at this broker is the excellent educational content for new traders, which ranks among the most in-depth among free ones available at any broker or other source. The research tools offer traders another competitive advantage, with sources from FXStreet, DowJones, Trading Central and Autochartist. Traders may choose between the MT4 trading platform and the proprietary Forex4you trading platform. The generous bonuses add appeal, and the in-house-developed Share4you copy trading system attracted over 1,000 signal providers. Forex4you maintains a trustworthy trading environment and is excellent at attracting clients, with more than 2,200,000 accounts opened since it became operational. Forex4you is a forex and CFD broker with more than 15 years of experience in the industry.
The platform comes with full trading control with slippage function, equity stop-loss and full login transparency with tick charts. The Forex4you support team is available from Monday 12am to Friday 11pm. They can be reached via live chat and phone lines in English, Hindi, Malay, Mandarin/Cantonese, Thai and Vietnamese. Registered clients can also get support by submitting a ticket in the traders’ room.
It is simple to use and suitable for both beginners and professionals. You can open and close orders, modify your account setup, utilize various trading tools, and more. The most notable feature on offer is the Share4you social copy-trading tool, which allows users to automatically replicate the activity of experienced traders.
Daily technical analysis and reviews about major central banks are also updated frequently. Forex4you is an offshore broker that offers a range of trading services with flexible account types, social trading & market analysis. Forex4you offers traders two bonuses and one promotion, which remains essential to its marketing strategy. The Trading Hero Contest takes place in live demo accounts and awards the 30 most profitable traders each month with the top prize, which is $400. The 100% deposit bonus is straightforward; Forex4you will double your deposit, up to five per account, with no limit. Those who understand the terms and conditions can boost their portfolio significantly with this offer.