When it comes to offshore brokers (this is based in the British Virgin Islands), Forex4You review shows that they are a decent target for traders. Indeed, feedback on the various services offered by the broker is surprisingly positive.
Of course, this does not mean that nobody has anything wrong to say about the operator.
While positive reviews seem to outweigh the adverse positions of Forex4You review reveals that sellers in various discussion forums and review sites, they are always concerns that raise concerns and thus gain more attention.
Fees charged for withdrawals are one of the problems. The alleged manipulation of the spread is also always a problem in online trading operations. It is the seemingly unjustified refusal of profits from traders.
Various technical difficulties encountered by those who have tried to change their MT4 passwords are also available for this broker.
What is the business environment of the brokerage house? Does it look respected, or is it shabby? Find all this out in our Forex4You review.
Forex4You review shows that MT4 and MT5 are available for all clients who want to use them. You will have the opportunity to use the proprietary software provided by Forex4You. As the flagship product, Forex4You MT4 is one of the best ways for you to access everything you need.
You will have access to multiple levels of the market, including the ability to view the depth of the market for assets you can select yourself. Our Forex4You review shows that you can also access the news tab without any trouble to get new information from what may be happening in the market.
As an international offshore broker, Forex4You is not under restrictions applied on bonuses and promotions is the case when you use any of the brokers in Europe and the U.K. They have several bonuses available.
These bonuses are always ongoing, as we found out when doing the Forex4You review research. They comprise of everything from discounts, no fees on withdrawals for some citizens of specific countries, luxury trips for top-performing partners, and even 50%.
You will need to get into the website to see what they have to offer at any given time and see which of these bonuses and promotions work best for you.
Considering that this is an offshore intermediary, we cannot expect a large part in terms of regulation and national jurisdiction. Our Forex4You review founds that this may be a reason why there are concerns and negativity voiced by the reviewers who talk about this broker.
Indeed, the organization behind the Forex4You brand is particular E-Global Trade and Finance Group Inc. They are based in the British Virgin Islands, not precisely one of the more prestigious governing authorities.
The exact intermediary's address is First Floor, Mandara House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, British Virgin Islands.
He said the operation was indeed regulated: the body that gave it a vote of confidence through a license is the local F.S.C. The intermediary license number is SIBA / L / 12/1027. A specialized external company
Regularly controls financial statements issued by the company.
Forex4You Customer Support
Forex4You review research reveals that they will offer you customer support services 24/7 in English, Thai, and Russian. Other supported languages include Russian, Hindi, Malay, English, Mandarin, Cantonese, Vietnamese and Thai.
You can also reach customer support using the following methods;
- Live Chat: You will get a response in less than 10 seconds.
- Online call via the web app.
- Online ticket submission in the Trader Room.
- Social Media: The following social media channels are available: Facebook.com/forex4you & Instagram.com/forex4you_share4you
As you will find out, there is a lot to like about the broker even though they may not be regulated, seeing as they operate offshore.
FOREX4YOU Details Overview
|Established: 2007||Website: https://www.forex4you.com|
|Address: First Floor, Mandar House, Johnson's Ghut, P.O. Box 3257, Road Town, Tortola, Virgin Islands, British.||Minimum to Open Live: $1|
|Prohibited Countries: Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, U.K., and U.S.A.||Regulators: The Financial Services Commission (F.S.C.) under the Securities and Investment Business Act, 2010 (SIBA), and in the British Virgin Islands (B.V.I.).|
|Minimum Trade Size: 0.01||Regional Offices: Unknown.|
|Maximum Leverage: 1:1000||ECN: Yes.|
|Mobile Trading: Available||Currencies: 35+|
|Trading Platforms: : MT4, WebTrader and Forex4You.||Cryptocurrencies: 5+|
|Robots: Available.||CFD: 65+ including Gold, Silver, Stocks, Stock Indexes, Oil, Other Commodities.|
|Scalping: Allowed||Web Trading: Available|
|Deposit Methods: VISA, MasterCard, Neteller, Skrill, WebMoney.||Withdrawal Methods: VISA, MasterCard, Neteller, Skrill, WebMoney.|