Forex4You offer one way to trade: Forex.
To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, Forex4You offer a demo account that you can use to practice and familiarise yourself with their platform.
Regulated by . Forex4You puts all client funds in a segregated bank account and uses tier-1 banks for this. Forex4You have been established since 2007, and have a head office in British Virgin Islands.
Before we dive into some of the more detailed aspects of Forex4You’s spreads, fees, platforms and trading features, you may want to open Forex4You‘s website in a new tab by clicking the button below in order to see the latest information directly from Forex4You.
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
What are Forex4You's spreads & fees?
The spreads displayed below are based on the minimum spreads listed on Forex4You’s website. The colour bars show how competitive Forex4You’s spreads are in comparison to other popular brokers featured on BrokerNotes.
EUR/USDNot offered $0 per lot
The average spread for EUR/USD across all brokers on BrokerNotes is 0.82 pips. See popular brokers for trading EUR/USD
USD/JPYNot offered $0 per lot
The average spread for USD/JPY across all brokers on BrokerNotes is 0.91 pips. See popular brokers for trading USD/JPY
GBP/USDNot offered $0 per lot
The average spread for GBP/USD across all brokers on BrokerNotes is 1.18 pips. See popular brokers for trading GBP/USD
The average spread for Bitcoin across all brokers on BrokerNotes is 41.15 pips. See popular brokers for trading Bitcoin
The average spread for gold across all brokers on BrokerNotes is 8.62 pips. See popular brokers for trading gold
The average spread for DAX30 across all brokers on BrokerNotes is 14.95 pips. See popular brokers for trading DAX30
Example: How much would it cost to trade 1 lot of EUR/USD?
If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:
|Typical overnight fee:||$0.00||$5.00||$9.40|
|Total cost of a 100k trade:||$0||$12||$15.4|
|+$12.00 more||+$15.40 more|
|Visit Forex4You||Visit AvaTrade||Visit Plus500|
All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.
What instruments can you trade with Forex4You?
|FX / Currencies||Forex4You||AvaTrade||Plus500|
|# of forex pairs offered||59||61|
|Major forex pairs||Yes||Yes|
|Minor forex pairs||Yes||Yes|
|Exotic forex pairs||Yes||Yes|
|# of commodities offered||16||17|
|Indiced & Stock CFDs||Forex4You||AvaTrade||Plus500|
|# of Stocks offered||99||1816|
|See Forex4You's Instruments||See AvaTrade's Instruments||See Plus500's Instruments|
What's the Forex4You trading experience like?
1) Platforms and apps
Forex4You also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.See Forex4You's platforms
2) Executing Trades
With Forex4You, the minimum and maximum trade requirements vary depending on the trader and the instrument.As Forex4You offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Forex4You offer margin up to % on currencies.
Finally, we‘ve listed some of the popular funding methods that Forex4You offers its traders on the right.
3) Client support
Forex4You support a wide range of languages including English, Russian, Spanish, Chinese, Hindi, Indonesian
Forex4You have a BrokerNotes triple AAA support rating because they offer a wide range of languages, live chat, phone and email support.
CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from www.forex4you.com on March 13, 2018.