Profile
Forex4you review provides a comprehensive look at a global forex and CFD broker offering ECN, STP, and cent accounts. Founded in 2007 and operated by E-Global Trade & Finance Group Inc, Forex4you serves clients from its offshore base in the British Virgin Islands. The broker is known for flexible account types, social trading via Share4you, and strong retail accessibility with low minimum deposits.
Regulation and Safety
Forex4you is incorporated in the British Virgin Islands and regulated by the Financial Services Commission (FSC BVI) under license number SIBA/L/12/1027. While this provides basic oversight, it does not equate to Tier-1 regulatory standards.
The broker does implement:
- Segregated client funds
- Negative balance protection
- Data encryption protocols
- Internal audit and compliance procedures
However, it is not covered by FSCS or ICF schemes due to its offshore registration.
Execution Model and Trading Platforms
Forex4you offers STP and Dealing Desk (DD) execution for entry-level accounts, and ECN execution through its Pro STP accounts. Execution is fast and aggregated from multiple liquidity providers. Supported platforms include:
- MetaTrader 4 (MT4) – desktop, mobile, and web
- Forex4you WebTrader – proprietary web-based terminal
- Share4you – social copy trading platform
FIX API is not available, but VPS hosting is offered for qualifying clients with higher trading volumes.
Markets and Instruments
Forex4you offers over 150 trading instruments including:
- Forex – 50+ major, minor, and exotic pairs
- Commodities – gold, silver, crude oil
- Indices – US30, GER40, FTSE100, HK50
- Shares – selected US stocks via CFDs
- Cryptocurrencies – BTC, ETH, LTC, XRP (on CFD basis)
Assets are available across all account types but vary slightly by execution model.
Accounts, Spreads and Leverage
Forex4you offers four main account types:
- Cent Account: Market maker, spreads from 1.5 pips, leverage up to 1:1000
- Classic Account: STP model, spreads from 0.9 pips
- Cent NDD: STP/ECN, spreads from 0.1 pips + $10/lot
- Pro STP: ECN, spreads from 0.0 pips + $8/lot
Minimum deposit starts from just $1. Leverage up to 1:2000 is available depending on account type and region.
Funding and Base Currencies
Forex4you supports a wide range of deposit and withdrawal methods:
- Visa/Mastercard
- Bank wire
- Skrill, Neteller, WebMoney
- Crypto wallets (BTC, ETH)
- FasaPay, Perfect Money
Supported base currencies: USD, EUR, GBP, RUB, THB, VND. Most e-wallets and crypto deposits are instant; bank transfers take 2–5 business days.
Client Protections and Features
While Forex4you lacks Tier-1 protection, it provides:
- Negative balance protection
- Client fund segregation
- Biometric mobile login
- SSL-encrypted platform access
It also offers Share4you, a proprietary social trading network, and advanced analytics via the Forex4you analytics center.
Institutional and Retail Offering
Forex4you targets retail traders with ultra-low minimum deposits and high leverage. Institutional services like FIX API, prime brokerage, or white-label are not offered. However, PAMM and copy trading managers can leverage the Share4you platform to monetize their strategies.
Pros and Cons
Pros
- Ultra-low minimum deposit ($1)
- Multiple execution models (DD, STP, ECN)
- High leverage up to 1:2000
- Social trading via Share4you
- Multilingual client support
Cons
- Offshore regulation only (FSC BVI)
- No FIX API or institutional offering
- No MetaTrader 5
- Limited range of share CFDs
- No investor compensation scheme
Frequently Asked Questions
Is Forex4you regulated?
Forex4you is regulated by the BVI Financial Services Commission under license number SIBA/L/12/1027, but it is not supervised by Tier-1 regulators.
What account types does Forex4you offer?
Forex4you provides Cent, Classic, Cent NDD, and Pro STP accounts to suit beginners and advanced traders alike.
Is social trading available?
Yes, the broker offers social and copy trading via its proprietary Share4you platform, allowing clients to follow top-performing traders.
What is the minimum deposit?
The minimum deposit is just $1 for Cent accounts, making it highly accessible for new traders.
Does Forex4you support cryptocurrency trading?
Yes, clients can trade popular crypto CFDs such as BTC/USD and ETH/USD on all accounts except Cent accounts.