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Independent rating of Forex broker Forex4you

4/10 (votes 100)

On-line since
2007
Country of origin
Russia
Regulation
FSC - Financial Services Commission (BVI)
Payment options
Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney, e-Bullion, e-gold
Minimum account size
$100
Minimum lot size
0.01
Leverage
up to 1:500
Spreads
2 pips on EUR/USD
The priority of Forex4you Company is rendering services to retail customers. The company is registered on the British Virgin Islands under the number 1384287 in compliance with the Companies Law (Chapter 285) and International Commercial Law (Chapter 291). E-Global Trade & Finance Group, Inc. specializes in online brokerage services using electronic payment systems. Forex4you is an Introducing Broker of E-Global Trade & Finance Group, Inc. Company.

Comments

Author: karuhs Gkang Date: 2016-09-16 06:32:43 (UTC+3)
Just wanted to share my awful trading experience with them. I partook to one of their contests - the Trading contest. That was the 2nd week of May when I registered my trading account # 8 ----- -1. Two weeks later, I got an email from the Contest Administrator saying my account was disqualified because of the IP address issues. I only used one computer at home to open my trading account. So, how come it was an IP issue? My 100 US dollars was just wasted. Do not try this broker not unless you have a lot of money to waste.
Author: Lufy Date: 2016-08-19 03:37:55 (UTC+3)
Opened a small account with this broker because of the good reviews I found on this forum three months ago. Some things that I have noticed: 1, Platform froze for no reason when putting the orders from time to time 2, Always have slippage regardless of the volatility of the market 3, Pending order executed even when the price was not hit. Actually this is the key point which make me decide to change the broker
Author: pipudahashar Date: 2016-08-05 08:25:29 (UTC+3)
My friend says that Forex4u is bad broker, very bad. Their connection is very slow in processing my friend's order that cause him to lost some pips. This broker was not give him chance to withdrawal. He is so very disappointed. But I still want to join with Forex4u and I hope get success with them.
Author: Kent Date: 2016-07-15 22:21:38 (UTC+3)
My very first experience in forex market was with this broker and it was traumatic. Very bad trading conditions and platform crashes in every profit trading. I left them.
Author: pelosi Date: 2016-07-01 01:14:22 (UTC+3)
Still the same,nothing change,i already give what they asked...but still VALIDATED YOUR ACCOUNT?..what's the problem?
Author: fxapamasimikir Date: 2016-06-20 03:36:47 (UTC+3)
My friend is strictly ban me to join this broker. He said, they are brokers who are not professional and just make a profit regardless of the client. My friend had experienced that his accounts frozen for no reason and the complain that he relayed the message does not receive a response until today, his profit is lost. But I have not decided yet, maybe if there is a favorable factor I think later I'll try to join Forex4u
Author: Benson Date: 2016-06-17 08:39:12 (UTC+3)
I have been trading with Forex4You for a few months now and I have not experienced any problems to date. Deposit and withdrawal is quite a simple and pain-free process, as is the account ID verification process.
Author: Michael Date: 2016-05-14 10:01:57 (UTC+3)
They are slow and their customer support does not try hard enough to solve their client’s issues. I personally would prefer, if my broker was regulated by a serious authority. I would not recommend this broker.
Author: Bellspip Date: 2016-05-09 16:28:26 (UTC+3)
I had several problems trading with this broker. Execution of trades delay several times and trading platform is very unstable and freezes several times. Reps are not always available, so it's very difficult to get a soon response.
Author: Fortunato Date: 2016-05-06 05:14:29 (UTC+3)
I was about to invest with Forex4You but I couldn’t find anything about regulations on their site. They say they’re registered but do people really put money in to accounts without government oversight? I’m not investing here.

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