The broker Forex4you started in 2007. The company provides a full range of active and passive trading services in the Forex market. The company runs its operations in the British Virgin Islands, under the license BVI FSC (license number SIBA/L/12/1027). Forex4you is committed to responsibility and professionalism. In 2018, according to Le Fonti, the company was awarded the ‘Best Broker’ which is the highest award achievable, and prior to this it has consistently won and received nominations for awards including ‘Forex Broker of the Year’ and ‘Best Service Quality’ nomination.
👍 Advantages of trading with Forex4you:
- best trading conditions for novice traders;
- no trading restrictions on scalping and algorithmic trading;
- the possibility of passive income – social trading platform Share4you;
- the broker has an insurance for $10 million on a contingency basis;
- there are cent accounts with a minimum transaction amount of 2 cents.
- customer support responds to customer inquiries within 8 hours, even on weekends.
👎 Disadvantages of Forex4you:
- Relatively high fixed fees on Pro accounts.
- Traders from the U.S, Canada, Japan, and EU countries cannot use services of the broker.
Expert Review of Forex4you
Forex4you has established itself as a reliable partner that offers high quality trading conditions. There are cent accounts for beginners as well as professional ECN accounts with narrow market spreads. I would specially focus on the responsible approach to forming the rating of traders on the Share4you social trading platform, which allows traders to rank managers by risk level.
The brokerage company Forex4you is suitable both for those who just start to get acquainted with trading through to professional traders who build their own trading systems and entice investors to them. The broker has been cooperating with the Traders Union for more than a year, and during this time there have been no significant complaints about the work of this broker. Any issues that do arise, the customer support resolves quickly and with maximum benefit for the client.
The company’s website allows you to quickly evaluate, analyze and compare all offers of active and passive trading. Due to a comprehensive full-featured service and a ‘client-first’ approach, the company gains the rightful leading position in the Traders Union ranking of Forex brokers.
Investment Programs, Available Markets and Products of the Broker
Forex4you is the perfect broker for those who wish to combine active trading with passive investment. Technological platforms and best trading conditions allow to traders optimize the profitability of passive investments with minimal risks. PAMM accounts, social trading and diversified investment portfolios are the most popular services not only for investors, but also for traders who receive an additional commission with their help.
Share4you — a new way of copy trading
Share4you — fully automated copy trading platform that does not require downloading, knowledge or trading experience. The idea of this platform is that a trader conducting active trading gets into the broker rating. A potential investor selects a trader and joins his account. Trades are automatically copied to the investor’s account. In case of a successful trading, the investor pays a predetermined commission from his profit to the trader.
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The number of traders that an investor can connect to is not limited. Thus, the investor can form his own investment diversified portfolio of many traders with strategies of different risk levels.
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An investor can at any time disconnect an account from a trader. This minimizes risks if it seems to the investor that the trader has started to conduct higher-risk trading or there is a possibility of loss.
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Instant copy speed. Copy trading speed on the Share4you platform is several milliseconds (ms), which is one of the highest rates on the market.
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Broker’s own risk assessment system.
Any person can be both an investor and a trader. The investor’s personal account displays the performance of copy trading and the average portfolio return. To become a trader, you just need to start trading – the account automatically gets into the rating with the assignment of a risk level. The higher the rate of return, the higher gets the position in the rating and the greater the chance to attract investors.
Forex4you — the best broker for active and passive investment
Forex4you — one of those brokers who combine reliability, adaptability and optimal set of features for traders. The company offers several types of accounts: cent accounts – for beginners, classic and professional accounts. Forex4you simultaneously operates two schemes: transactions on cent accounts are satisfied within the system according to the B-Book scheme, transactions on classic and professional accounts are displayed on the foreign market using the STP and ECN mechanism (A-Book scheme). This allows the broker to guarantee traders order execution with an average speed of about 400 ms.
Traders registered with this broker work on the most popular platform – MetaTrader 4. Busy lifestyle fans use the company’s copyright web service and the Forex4you mobile application. Those who own smartphones on the Android and iOS operating systems work simultaneously from multiple accounts.
Forex4you useful services:
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Autochartist. Software that allows you to build graphic shapes;
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Trading Central. Forecast made by technical analysis. By using the service, the trader can simultaneously get analysis of up to 6 currency pairs;
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Dow Jones News. With this service traders can get the news before they appear in the news feed – a tool to trade on fundamental analysis.
