All Share (J203) = 90 150
Rand / Dollar = 18.15
Rand / Pound = 23.53
Rand / Euro = 19.76
Gold (usd/oz) = 3 030.16
Platinum (usd/oz) = 990.99
Brent (usd/barrel) = 71.01
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Forex4You Account Types

Forex4you Account Types
 

Forex4you offers four account types, which consist of the Cent, Classic, Cent NDD, and Pro STP accounts. All of their accounts has a maximum leverage of 1:1000.

 

Cent
Account
Classic
Account
Cent NDD
Account
Pro STP
Account
📈 Leveragefrom 1:10 to 1:1000from 1:10 to 1:1000from 1:10 to 1:1000from 1:10 to 1:1000
💰 Minimum deposit0$0$0$0$
📊 Forex contract size1 lot = 1 0001 lot = 1 0001 lot = 1 0001 lot = 1 000
🌐 Minimum trade volume0.01 lot0.01 lot0.01 lot0.01 lot
💻 Fixed spreadfrom 2 pipsfrom 2 pipsfrom 0.1 pipfrom 0.1 pip
💳 CommissionNo commissionNo commission10$ cents per lot8$ per lot
👉 Open a account👉 Click Here👉 Click Here👉 Click Here👉 Click Here

 

Min Deposit

USD 0

Regulators

BVI FSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

📍 Choose your quick section of our Forex4You Account Types below.

 

Forex4you Account types – 9 key points quick overview:

  1. ✔️Forex4You Overview
  2. ✔️Forex4You Account Types
  3. ✔️Forex4You Account Features
  4. Forex4You Demo Account
  5. Forex4You Islamic Account
  6. Forex4You Pros and Cons
  7. Forex4you Customer Reviews
  8. Conclusion
  9. Frequently Asked Questions

 

📍 Forex4You has worked to differentiate itself in the market by continuously investing in advanced technology to improve its services and products.

 

Forex4You Overview

 

Forex4You Overview

 

Forex4You is an offshore Forex broker that is owned and operated by E-Global Trade & Finance Group, Inc. The broker was established in 2007 with the launch of its founders’ first online trading service under the trademark Forex4you.

 

Forex4you has worked to differentiate itself in the market by continuously investing in advanced technology to improve its services and products. To this end, in 2016 Forex4you launched MarketPlace, which acts as the broker’s own liquidity aggregator and order execution technology.

 

This unique software works by aggregating offers from various liquidity providers, chooses the best BID/ASK prices, and transmits them to the clients’ terminals. This way execution of client requests is always done at the best available prices. Added to this, Forex4you has also created its own industry leading WebTrader, mobile applications and platform for PC.

 

As such, this growth strategy of investing and actively engaged in the development of its own technologies and innovations has served to separate Forex4you from many of its competitors, so that the development of its own products is one of the key features of the company.

 

Clients of Forex4you can choose from a variety of account types to best suit their trading goals and enjoy access to over 150+ instruments across Forex, Indices, Commodities and Stocks.

 

Users can choose to trade these assets on an MT4 or the Forex4you desktop, mobile, WebTrader platforms for trading. Added to this, Forex4you’s proprietary mobile app technology also allows you to deposit or withdraw money, verify your profile and much more.

 

Forex4You Overview

 

Starting traders can choose to register a Cent account, which allows you to trade in cents. This is an ideal option for beginners who are trying out the service or trading with micro lots. After this, traders can choose to register for a Classic account if you are a more confident and experienced trader.

 

Traders also have the option of registering or converting existing their Forex4you trading account as a leader on Share4you, which allows users to trade and receive commissions for each order copied from you.

 

Using this function, you can set yourself the amount of commission you would like to receive for one copied lot by your followers and how much you would like to share with partners to motivate them to promote you.

 

Forex4you’s parent company, E-Global Trade & Finance Group, Inc. is authorised and licensed by the British Virgin Islands Financial Services Commission (BVI FSC). While this is deemed offshore regulation, Forex4you ensures proper client fund segregation — separating client funds from the company’s operating funds.

 

Additionally, to decrease the risks, client funds are kept in a variety of banks simultaneously. Proper fund segregation guarantees investors that their funds will not be at risk, in the unlikely event that the company becomes insolvent.

 

Furthermore, Forex4you deals only with regulated financial institutions. Forex4you has established multiple FIX API connections with several European regulated liquidity providers.

 

Forex4You Account Types

 

Forex4You Account Types

 

Forex4you offers four account types, which consist of the Cent, Classic, Cent NDD, and Pro STP accounts. Traders can also open a free demo account to test out the broker’s trade features before signing up for a live account. Unfortunately, Forex4you does not offer an Islamic Account at this stage.

 

Forex4You Account Features

 

Forex4You Account Features

 

Cent Account

The Cent account allows you to trade in cents, with instant order execution and fixed spreads. This is a great account to practice trading or to test your new strategies, advisors, and indicators.

Cent Accounts are perfect for the following types of traders:

Beginners wanting to test drive our service

Those wanting to test an expert advisor

Traders exercising a trading strategy with micro lots

Traders with small deposit amounts

 

Cent
Account
📈 Leveragefrom 1:10 to 1:1000
💰 Minimum deposit0$
📊 Forex contract size1 lot = 1 000
🌐 Minimum trade volume0.01 lot
💻 Fixed spreadfrom 2 pips
💳 CommissionNo commission
👉 Open a account👉 Click Here

 

Cent NDD Account

The Cent NDD account is designed for those starting out in trading. Using this account, you can trade in cents with no minimum deposit amount, get market order execution and floating spreads.

As such, the Cent NDD account is perfect for the following types of traders:

Beginners wanting to test drive our service

Those wanting to test an expert advisor

Traders exercising a trading strategy with micro lots

Traders with small deposit amounts

 

Cent NDD
Account
📈 Leveragefrom 1:10 to 1:1000
💰 Minimum deposit0$
📊 Forex contract size1 lot = 1 000
🌐 Minimum trade volume0.01 lot
💻 Fixed spreadfrom 0.1 pip
💳 Commission10$ cents per lot
👉 Open a account👉 Click Here

 

Classic Account

The Classic Account is the most popular choice among traders who are ready to trade without assistance. Users of the Classic Account can trade with fixed spreads, instant execution, 4-digit quotations and no minimum deposit amount.

 

As such, the Classic Account is perfect for the following types of traders:

Market players with some experience

Those ready to trade without assistance

Traders aiming at excelling as a share4you leader

 

Classic
Account
📈 Leveragefrom 1:10 to 1:1000
💰 Minimum deposit0$
📊 Forex contract size1 lot = 1 000
🌐 Minimum trade volume0.01 lot
💻 Fixed spreadfrom 2 pips
💳 CommissionNo commission
👉 Open a account👉 Click Here

 

Pro STP Account

The Pro STP Account has floating spreads from 0.1 pips, one-click trading and level 2 quotes for visibility of market depth. The account has market execution with no requotes.

This account offers free analytics (Dow Jones, Trading Central, Autochartist), market and instant order execution, no requotes or rejections on market execution accounts, tight spreads and the use of any expert advisors and strategies.

 

The Pro STP Account is perfect for the following types of traders:

Traders trading large volumes

Traders exercising scalping strategy

Traders with expert advisors

 

Pro STP
Account
📈 Leveragefrom 1:10 to 1:1000
💰 Minimum deposit0$
📊 Forex contract size1 lot = 1 000
🌐 Minimum trade volume0.01 lot
💻 Fixed spreadfrom 0.1 pip
💳 Commission8$ per lot
👉 Open a account👉 Click Here

 

Forex4You Demo Account

 

Forex4you Demo Account Features

 

The demo account from Forex4you allows users to test the trading features of the MetaTrader 4 platform using virtual currency. In this way, users can learn how to use MT4 while also testing out the Forex4you trading conditions before risking real money in a live trading environment.

 

With a Demo account you can trade in real market conditions, however your trades will remain virtual. When you feel ready to collect real profits, you can upgrade to a Cent account and move further to a Classic or Pro STP account.

 

To change your demo account to a real account, you must open a real account by registering your Trader Room (if you do not have it yet). Login to your Trader Room, then go to ‘My accounts’ and click on ‘New account registration’. Here you can open a real trading account which is valid for real trading.

 

📍 The demo account provides the following functions:

➡️ Getting your first trading experience without investing money

➡️ Testing expert advisors or strategies

➡️ Comparing types of execution modes (instant or market) and spreads (floating, fixed)

 

Forex4You Islamic Account

 

While Forex4you appeared to offer an Islamic, swap-free account in the past, the broker does not offer this option at the time of writing. Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.

 

With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.

 

Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.

 

Min Deposit

USD 0

Regulators

BVI FSC

Trading Platform

MT4

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Forex4You Pros and Cons

✔️ Pros❌ Cons
ECN trading availableOffshore regulation
No minimum depositWithdrawal fees are charged
Tight spreads and commission-free trading available
Wide range of research tools

 

Forex4you Customer Reviews

 

Forex4you Customer Reviews

 

So far so good

So far so good. From perspective of my experience this broker got really decent and competitive trading conditions among others. No problems with deposit withdrawals process.

Forex4You Account Types

Conclusion

 

Forex4you offers four account types, which consist of the Cent, Classic, Cent NDD, and Pro STP accounts. All of their accounts has a maximum leverage of 1:1000.

 

Traders can also open a free demo account to test out the broker’s trade features before signing up for a live account. Unfortunately, Forex4you does not offer an Islamic Account at this stage.

 

Forex4you Contact us

 

You might also like: Forex4You Review

You might also like: Forex4You Demo Account – Step by Step

You might also like: Forex4You Fees and Spreads

You might also like: Forex4You Minimum Deposit

You might also like: Forex4You Sign up Bonus

 

Frequently Asked Questions

 

How many instruments can I trade with Forex4you?

Forex4you offers over 150 tradable instruments, consisting of 50 currency pairs, commodities including gold and crude oil, over 15 major indices including the FTSE 100 and 50+ company stocks.

 

Which platforms are supported by Forex4you?

MetaTrader 4.

 

Does Forex4you offer leverage?

Yes. Leverage is offered on a variable basis depending on the account type. The maximum leverage available is 1:1000 for accounts up to $10,000 and 1:100 for accounts of $250,000 and over.

 

What spreads can I expect with Forex4you?

Forex4you offers fixed spreads from 2.0 pips in the Classic and Cent accounts. In the Pro STP account, live spreads for major pairs such as EUR/USD average around 0.1 pips.

 

Does Forex4you charge commission?

Commission-free trading is offered in the Cent and Classic accounts, but commissions are charged at $8 per lot in the Pro STP account and 10 cents per lot in the Cent NDD account.

 

Are there additional charges on the Islamic account?

Forex4you does not have an Islamic Account.

 

Is Forex4you regulated?

Yes, Forex4you’s parent company, E-Global Trade & Finance Group, Inc. is authorised and licensed by the British Virgin Islands Financial Services Commission (BVI FSC).

While this is deemed offshore regulation, Forex4you ensures proper client fund segregation — separating client funds from the company’s operating funds.

5/5 - (14 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 18, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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