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forex4you
FXSUCCESS RATING (4 OUT OF 5)
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Up to 65% of spreads per S.Lot

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FOREX4YOU REVIEWS

COMPANY INFORMATION ACCOUNT INFORMATION
Broker Name E-Global Trade & Finance Group, Inc Segregated Account Yes
Website www.forex4you.com Islamic Account Yes
Headquartered In Tortola, Birtish Virgin Islands Institutional Account No
Founded In 2007 VIP Service / Account Yes (50000 USDDeposit)
Regulating Authority FSC (British Virgin Islands) PAMM / MAM Account PAMM
US Clients Accepted No Deposit Option
Crdit/Debit Cards ,Wire Transfer ,Neteller ,Skrill ,
WebMoney, FasaPay, China UnionPay
Broker Status Independent Broker Withdrawal Option
Bank Wire Transfer, VISA/Master Card, Payoneer, FasaPay,
Neteller, MoneyBookers, WebMoney
Broker Type DMA/STP , ECN/STP TRADING TERMS
Telephone Number +1-284-494-1576 Trading Platform
MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS,
MetaTrader 4 Android
Fax Number +1-284-494-1576 Precision Pricing 5 Digits
Email Support [email protected] Type of Spread Fixed & Floating
International Office Bristish Virgin Islands, Latvia, Russia, India, Malaysia Commission

$10 Round on NDD Account

Web Site Language English, Chinese, Spanish, Malay, Indonesian, Hindi, etc Scalping Yes
ACCOUNT INFORMATION Hedging Yes
Free Demo Account Yes Expert Advisors Yes
Min. Deposit $1 Lowest spread Lowest spread on EURUSD 0 Pips ( Professional Account)
ECN Deposit No ECN Account Trading Instruments Forex, CFDs, Commodities
No of Pairs 48 MetaTrader Server Time (Winter) GMT + 1
Account Currency EUR, USD One Click Execution Yes
Maximum Leverage From 1:10 to 1:500 OCO Orders No
Minimal Order Vol. 0.01 Managed Account No
TRADING TERMS Email Alerts Yes
Interest on Margin Yes Mobile Alerts Yes
OS Compatibility Mac, Windows, Mobile, Web, iPhone, iPad Trailing Stops Yes
Streaming News Feed Yes Mobile Trading Yes
Charting Package Yes Web Based Trading No
Trading Signal Yes ( Share4you) CUSTOMER SUPPORT
Market Commentary No Customer Support Lang Multi Lingual
CUSTOMER SUPPORT Personal Account Manager Yes
Customer Service Hours 24/5 Email+Phone support Yes
Place Trades Over the Phone No Email Response time Within 24 hours
PROMOTION PROMOTION
No Deposit Bonus No Trading Tools Yes
Bonus for First Deposit Yes Other Promotion No
Free VPS Yes (Conditional) Close trade over the phone No
REAL TIME SPREAD MONITORING

CURRENT PROMOTION
Bonus Program

 

ABOUT FOREX4YOU

Forex4you is a brand of E-Global Trade & Finance Group, Inc. (the Company). The Company is registered in the British Virgin Islands (no: 1384287) in accordance with the Companies Act (Chapter 285) and International Business Companies Act (Chapter 291). The scope of activity of the Company is providing foreign exchange brokerage services on the Internet using electronic payment systems.

The Company is authorized and regulated by the FSC under the Securities and Investment Business Act, 2010 License#: SIBA/L/12/1027. Forex4you brand has been registered by the Company in many countries and exists since 2007.

TRADING PLATFORMS

Forex4you offering differnt kind of trading platform for better trading. Such as..MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 iOS, MetaTrader 4 Android

TRADING ACCOUNTS

CENT ACCOUNTS:

It is very easy to start trading! Simply choose one of the accounts Cent or Cent NDD and take a few minutes to register. Perfect for those, who have decided to try their hand in the Forex market, on risking only $1-10. If you have your own trading strategy or an expert advisor that must be tested online, a Cent Account will be a perfect solution.

CLASSIC ACCOUNTS:

It is very easy to start trading! Simply choose one of the accounts Classic or Classic NDD and take a few minutes to register. The Classic Account is chosen by traders, who are ready to trade without assistance. It is also popular among those, who work with the PAMM service or Share4you. The recommended deposit amount is $1-500.

PROFESSIONAL ACCOUNTS:

It is very easy to start trading! Simply choose Pro STP account and take a few minutes to register. Intended for professionals, who want to trade large volumes and have a guaranteed access to the interbank market. The recommended deposit amount is $100.

COMMISSION AND SPREADS

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SWAP RATES AND ROLLOVER

Swaps are applied automatically during rollover (when an order is rolled over to the next calendar day). Swaps are tripled from Wednesday to Thursday. Swaps change throughout time according to the national interest rates.

Limit & Stop levels is the minimum distance (difference in pips) of the Limit or Stop order values from the current price. These levels may be increased before and after publication of the big news and also during the news time.

Opening a CFD order doesn’t mean real ownership of shares and therefore doesn’t give shareholder benefits such as dividends.

If at the beginning of the trading session client has an open order on registration date (Dividend ExDate) on CFD for shares – an automatic adjustment is applied, charge on position buy or correction on position sell. Adjustment value = divident amount (Amount) * number of shares. Positions opened after the beginning of the trading session in the adjustment doesn’t participate.

Applies for CFD for shares only. TIF (Time In Force) for Buy Limit, Sell Limit, Buy Stop, Sell Stop orders are DAY, if not filled within trading session, will be canceled at end of session.

TRADING CONDITION

Minimum lot and step in trading terminal are equal to 0.0001 for CENT accounts but since there is no native support for cent accounts in MT platform – you have to choose 0.01. Minimum lot for CLASSIC accounts is 0.01, minimum step is 0.01.

Margin – funds on balance available for new order opening and support throughout Forex trading process. For positions that are beeing opened Friday, 2 hours before market close, leverage decreases to 1:100.

Locked (hedged) margin – margin for the opening and maintenance of two opposite (locked) items on the same instrument. Margin of opening and maintaining two locked positions is equal to zero.

Margin call level – the level of required margin, warning level. Margin call level on weekends and holidays rises to a value of 100% for accounts with leverage 1:100 and 500% for accounts with higher leverage. The broker has the rights to prohibit the opening / closing of the Forex orders and lowering the Margin to the Margin call level one or two hours before closing the market, as well as open hedging positions.

Stop Out level – required margin level. If equity has reached this level, orders are closed forcibly until the margin level is up to the minimum. Please note that our company uses Stop Out level to decrease own risks of clients going to a negative balance. Stop Out level should not be used by clients as a part of risk management strategy – stop loss orders must be used instead.

Gap level – is a criterion of gap activation (if the price gap is equal to or greater than the specified level, the gap mode is engaged). It’s used for automatically order’s executing by the dealer (both Stop Loss & Take Profit execute at the gap price). Order will be cancelled, if it was placed with the price of Take Profit (Stop Loss) and jumped over the order price and price of Take Profit (Stop Loss) (non-market prices, clauses 4.11 of Client Agreement and 4.13 of Regulation). Gap Level is normally equal to 2 spreads.

 

PAYMENT METHOD

payment method

Attention! All deposited funds are transferred to banks listed on the page “Funds storage” in Trader Room. We do not store any funds in electronic payment systems.

Adding and withdrawal funds according to internal company rates.

1. Please be informed that banks involved in funds transfers (correspondent banks) may charge additional fees for services rendered.

2. Possible limits within the payment system due to unauthorised wallet or other limits.

3. The Maximum commission WebMoney: WMZ and WME — 50

4. The Company has the right to request documents for the bank confirming your card payment.

Please note that you will be required to pass verification:

  • When the total withdrawal amount will achieve USD 1 000 and above;
  • To deposit and / or withdraw the funds using bank wire;
  • To apply for Payoneer MasterCard and use it for withdrawal;
  • To use Moneybookers (Skrill) payment system for funding.

WITHDRAW OPTION

withdraw

POSITIVE SIDE VS NEGATIVE SIDE
POSITIVE SIDE NEGATIVE SIDE
Very popular broker that is regulated from FSC. During high volatile news time you may get low requotes, slippage, delay trade execution.
Real STP broker that will give you direct market access. Spread little bit high in cent and other type account.
Very good and friendly customer support that we like very much. Different condtion in terms of withdraw and deposit.
Segregated accounts, investor compensation fund, dealing with top tier banks that really very importat issue. There is no najor promotion for new traders
Good trade execution.

IMPORTANT NOTE: All above information is successfully verified by FOREX4YOU TEAM. If you find anything worng then must inform us immediately.

CONCLUSION

Overall, apart from the minor hiccups above, FOREX4YOU is a reliable and credible broker. Many of the clients are long standing which proves that they are generally happy with the level of service provided by the company.

FXSUCCESS FULL REBATES SPECIFICATION

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TRADING INSTRUMENTS ALL TYPE OF ACCOUNTS
ALL TRADING INSTRUMENTS Up to 65% of Spreads

There are many forex cashback service company but why should you select FXSUCCESS as your partner?

Please try to find out your answer from AMAZING FXSUCCESS page.

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[ratings id=”7030″]