Forex4you Review

Forex4you is a trademark name for e-global trade and finance group that is a trader in forex. The company was established in 2007 and has achieved a lot of success in its activities over the years. It has now achieved the distinction of being a global brand with branches all over the world to serve its many international clients.

Trading Accounts

For you to be able to trade at Forex4you, you will need a trading account that will allow you to execute your trades. Forex4you has a variety of trading accounts, each with its own special features that suit different client preferences. These accounts include:

1. The demo account.
2. The cent account.
3. The cent NDD account.
4. The classic account.
5. The classic NDD account.
6. The pro STP account.

The Demo Account

The demo account is an account type that has been designed to meet the needs of newbie clients to the concept of trading. Most of these clients have little or no experience on trading and are not willing to risk their funds yet in trading. Trading in this type of account is virtual in that the conditions are real but the funds are virtual.

The Cent Account

The cent account is also designed for newbie traders or rather traders who want to stake low funds in trading. This account as the name suggests deals in cents.

1. Among the features of this account include:
2. Access to tan 80 trading instruments.
3. Hedging and scalping are allowed.
4. Instant execution of trades.
5. No commissions are charged for this account.
6. A swap-free account.
7. No minimum deposit.
   
   

The Cent NDD Account

The cent NDD account is an account that is suitable for beginners with some slight experience and wants to trade efficiently.

Its features include:

1. Access to more than 95 trading instruments.
2. No requites.
3. Fast execution speeds.
4. The commission is charged at 10 cents per lot.
5. No minimum deposit.
6. Allows hedging

The Classic Account

This is an account suitable for experienced traders who can trade efficiently without any help. This account is seen as a step to being a professional trader. The following are some of its features:

1. Access to over 80trading instruments.
2. Allows hedging and scalping.
3. No minimum deposits and commissions.
4. Instant executions.
5. Leverages of 1:1000.

The Classic NDD Account

An account for experienced traders which gives them access to advanced technologies to aid them in the fast execution of trades.

The following are the features of this account type.

1. More than 95 trading instruments available for trading.
2. Cryptocurrency trading is available.
3. No requotes.
4. The commission is charged at $8 per lot.
5. No minimum deposits.
6. Floating spreads from 0.1 pips.

The Pro STP Account

The pro STP account is an account type for professional traders and is suitable for traders with large trading volumes, traders who want to scalp as a strategy or traders with expert advisors. Its features include the following.

1. Access more than 120 trading instruments.
2. Commissions charged 10 units of base currency per lot.
3. Very quick executions speeds.
4. Floating spread from 0 pip.
5. Allows hedging.

The Company. Security Of Funds

Forex4you is a very credible company that has managed to make a great name for itself courtesy of its versatile products that cater to or different clients' needs. This has made it become a global brand with a presence in most of the countries with the number of accounts being opened increasing each day. As a result, it has been forced to adapt to this changes in clients' numbers by expanding its operational languages to eleven languages.

Forex4you has invested in the most qualified personnel with experience in the forex sector who can effectively help clients in their various arising issues. This staff also helps in offering advisory services to the clients as well as ensuring their information and funds are kept safe.

Forex4you is also compliant with its licensing having received all its valid licenses from the concerned regulatory bodies in all the territories it runs its operations. Some of the licenses received include:

1. A license to operate in the British Virgin Islands approved by financial services commission (FSC)

In compliance with the FSC, in relation to the storage of clients' funds, Forex4you is dedicated to the security and safety of clients’ funds. This is in a bid to uphold its integrity as a trustworthy dealer and also for good relations between t and its clients. Among the measures put across to ensure the safety of clients’ funds is:

1. Capital adequacy meaning it raises its capital through other means meaning that at no moment will the firm be dependent on clients’ funds.
2. Segregation of accounts that is having a separate account from the one having the clients' funds to prevent mix-ups.
3. Credible liquidity providers who will step in to recover clients’ funds in case of liquidation.
4. Adapting risk management strategies that will prevent an instance of the firm’s liquidation.

Trading Conditions

Minimum Lot And Step

The minimum lot and step for classic accounts stands at 0.01 and the minimum step is 0.01.

Leverages

Leverages start from 1: 1000 to 1:100.

Trading Platforms

Forex4you has invested in the best platforms ever that come with perks such as fast execution speeds, user-friendly interface and easy accessibility to its many clients. These are the platforms that Forex4you uses.

Forex4you Mobile App

The mobile application is a downloadable application that will enable you to trade anywhere so long as you have your handset with you. Its benefits are:

1. Ease in accessibility.
2. Compatible with a host of operating systems such as ios and android.
3. Provides superb charting and drawing tools.
4. Fast execution rates.

Forex4you Web Platform

The web platform is the platform that you can access with your browser either through your pc or mobile phone device. It has the same perks as the mobile app on top of being compatible with most browsers.

Forex4you Desktop

This is an installable platform for both windows and also MAC devices. It provides awesome charting tools and excellent execution speeds.

Promotions

The following are the promotions currently being offered by Forex4you.

1. Trading hero contest where any member with an active account is legible to win cash prizes of up to$400 every second week.
2. 100% deposit bonus on depositing.

Withdrawals And Deposits

Withdrawals and deposits are very simple and you can use the various compatible fund transfer channels that have been approved. These channels are like credit cards, wire transfer, electronic transfer, and e-wallet channels. The transactions are quick and the maximum it takes is for bank transfers which can take up to three days.

Little or no transaction fees are charged for the clients’ best experience.

BRIEFLY ABOUT Forex4you

In conclusion, this is among the best forex traders that you can come across. Its credibility is supported by the many awards it has won and also the favorable forex4you customer comments and reviews. Its many account types will give a client a range of choices of what to pick befitting him or her. A very recommendable trader to all types of traders both experienced, professionals and newbies.