Forex4you review 2020

Forex4you

9.2

Trading conditions/fees

9.3/10

Market Coverage

9.1/10

Trading Platform

9.4/10

Help Desk

9.0/10

Reputation

9.0/10

Forex4You is one of the main brokers in the modern market that offers a service of copying trades: the possibility of making profit by copying trades of successful traders, which allows even beginners to invest with minimal risk.

Forex4you : spreads and commissions

Each user sets his own commission for copying lots. It is also possible to choose the appropriate amount of commission, which you are ready to allocate to other clients to attract new traders (clients who make transactions based on investments).

What you can trade with Forex4you

Forex4you belongs to the category of brokers, which are ready to provide more than 150 instruments for work. Among the key brokers:

  • Trading currencies.
  • Share shares (over 50 companies).
  • Trading of raw materials (oil, gold, WTI).
  • Trading by indices (more than 15 large indices).
  • Crypt currency (Bitcoins, lightcoins, Ripple, Etherium).

Global Forex4you experience

During the past years of work ForexForex broker showed high performance indicators. For example, in 2018 the number of active client accounts amounted to 95985 pcs., the agency commission was paid out in the amount of more than 6 million dollars.

Available platforms and applications

The brokerage system provides access to four platforms, which can be accessed through a single account. The main platforms that are offered to work with:

  1. MetaTrader 4 is one of the largest platforms in the world, which belongs to the category of professional trading platforms. It offers a wide range of instruments and supports the creation/use of robots.
  2. Forex4you Trader Room is a mobile application that facilitates access to accounts and allows you to manage access from your personal account on your phone or tablet.
  3. Forex4you Desktop is a computer version of a similar application. Suitable for working with Windows and MacOS systems.
  4. Forex4you WebTrader is a full-scale web platform developed by a broker using its own technology.

All listed ForexFoU platforms are available for download via Windows, iOS, Android devices. In the app store you need to search for a mobile application under the name “Forex4you Trader Room”. The application has a clear interface, translated into Russian, there is nothing superfluous. Therefore, it is suitable even for beginner traders.

The application is safe to use. Protection of user data is provided by the advanced traffic encryption system. With it, information about money transactions cannot be trusted or shared with third parties.

In terms of functionality, the mobile application contains most of the available features that are available on the Forex4you website. The most common way to use the Trader Room application is to view order statuses or check trading account balances. Experienced users can perform most operations via the mobile application without visiting the site.

Performance of transactions

Forex4you Broker provides an opportunity to share trades with subscribers. At the same time, each user has the opportunity to choose the amount of commission to get profit for it. In general, the commission rate for the copied lot can be up to 8 American dollars.

Customer support

Support is provided to each client. This primarily concerns the access of the support service at any time (the operator is ready to answer by phone or e-mail in three languages). Since the broker assumes working with foreign investments, transactions are available in several languages, among the main ones: Russian, English, Spanish, Italian, Simplified and Traditional Chinese.

Users will also be able to use the brokerage services in Portuguese, Indonesian, Malaysian.

How to open an account with Forex4You

It takes a few minutes to open an account on the Forex4You brokerage platform. To begin with, the system offers to register – the procedure is standard and is required in each system to start making transactions. To register, you will need to specify the following data:

    • Phone number.
    • Name, last name.
    • Adapted password.
    • Select a country of registration.

Show e-mail to confirm registration and receive newsletters with information and promotions later.

By completing the registration, the user confirms that he or she has reached the age of majority. To get acquainted with the brokerage services and to try it out in work, the system offers to create a demo account. Forex4you broker also offers users the advantage of having access to four platforms with a single account.

Available promotions

Each user is given a 100% deposit bonus upon registration, which can be used at any time, as well as free market analytics, which can be classified as bonuses for practicality and accessibility. When copying transactions, the broker also adds up to 25% to the deposit and allows receiving up to 50% of the profit from the spread.

Conclusion

In general, a Forex4You broker can be categorized as reliable. It has been on the market for more than 12 years, besides, it works not only with domestic, but also with foreign users in different currencies. Risk insurance is made on the professional platform of Willis Group Holdings PLC, which makes the conclusion and replenishment of funds safe. The broker is represented all over the world and offers a wide range of available instruments.

Over the years, the broker has received several awards, among the main ones – Best Broker 2018 (according to Le Fonti), Forex Broker of the Year (South East Asia IAIR 2017 Award), Best Service (14th MENA Forex Expo in Dubai 2015).