Losses can exceed deposits

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Forex4You Review

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  • Segregates client funds
  • Established in 2007
  • Regulated by BVI
  • Min. deposit from $1


To open a live account, you’ll need a minimum deposit of at least $1. Alternatively, Forex4You offers 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 has 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.

Visit Forex4You

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

Forex4You screenshot Open a demo account

Losses can exceed deposits

What are Forex4You's spreads & fees?

Like most brokers, Forex4You takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The commisions and 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/USD (Average: 0.7 pips) Not offered 0.7 pips 0.1 pips
GBP/USD (Average: 1.1 pips) Not offered 1.7 pips 0.1 pips
USD/JPY (Average: 1.1 pips) Not offered 0.6 pips 0.1 pips
AUD/USD (Average: 0.8 pips) Not offered 0.6 pips 0.2 pips
USD/CHF (Average: 2.3 pips) Not offered 2.3 pips 0.2 pips
USD/CAD (Average: 2.9 pips) Not offered 0.5 pips 0.3 pips
NZD/USD (Average: 3.6 pips) Not offered 2.8 pips 0.3 pips
EUR/GBP (Average: 2.4 pips) Not offered 0.5 pips 0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, Forex4You’s minimum spread for trading EUR/USD is pips - which is relatively low compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with Forex4You vs. similar brokers.

See all Spreads

How much does Forex4You charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with Forex4You at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $0. Here’s a rough breakdown of the fees and how this compares against IG & XTB .

Forex4You IG XTB
Spread from: $ 0.00 $ 6.00 $ 2.00
Commission: $0.00 $0.00 $0.00
Total cost of a 100k trade: $ 0.00 $ 6.00 $ 2.00
$6 more $2 more
Visit Forex4You Visit IG Visit XTB

All fees/prices are for informational purposes and are subject to change.

What can you trade with Forex4You?

Forex4You offers over different instruments to trade, including over currency pairs. We’ve summarised all of the different types of instruments offered by Forex4You below, along with the instruments offered by IG and XTB for comparison.

FX / Currencies Forex4You IG XTB
# of forex pairs offered 90 48
Major forex pairs Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies* Yes Yes
Commodity CFDs Forex4You IG XTB
# of commodities offered 34 21
Metals Yes Yes
Energies Yes Yes
Agricultural Yes Yes
Index & Stock CFDs Forex4You IG XTB
# of stocks offered 8000 1606
UK shares Yes Yes
US shares Yes Yes
German shares Yes Yes
Japanese shares Yes Yes
See Forex4You's InstrumentsSee IG's InstrumentsSee XTB's Instruments

What’s the Forex4You trading experience like?

1) Platforms and apps

Forex4You offers the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers. Forex4You also offer their custom Forex4You platform.

Forex4You Screenshot

Forex4You also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you are 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. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that Forex4You offers its traders below.

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Mini account
  • Standard account
  • Islamic account

Funding methods:

  • Credit cards
  • Bank Transfer
  • Neteller

3) Client support

Forex4You support a wide range of languages including English, Russian, Spanish, Chinese, Hindi, and Indonesian.

Forex4You has a BrokerNotes triple AAA support rating because they offer a wide range of languages and support options.

4) What you’ll need to open an account with Forex4You

As Forex4You is regulated by BVI , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore Forex4You’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Forex4You you can visit their website here.

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. *Availability subject to regulation.
This post is for educational purposes and should not be considered as investment advice. All information collected from www.forex4you.com on 01/01/2022.