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Forex4you review
Forex4you


On-line since: 2007
Country of origin: Russia
Regulation: FSC - Financial Services Commission (BVI)
Payment options: Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney, e-Bullion, e-gold
Minimum account size: $100
Minimum lot size: 0.01
Leverage: up to 1:500
Spreads: 2 pips on EUR/USD

About the company:

The priority of Forex4you Company is rendering services to retail customers. The company is registered on the British Virgin Islands under the number 1384287 in compliance with the Companies Law (Chapter 285) and International Commercial Law (Chapter 291). E-Global Trade & Finance Group, Inc. specializes in online brokerage services using electronic payment systems. Forex4you is an Introducing Broker of E-Global Trade & Finance Group, Inc. Company.



Forex4you 9/10 (votes 4233)
Comments Interested in other brokers?
Author of Forex4you: hakiem | Date 2017-08-24
it has been a week I am waiting their approval for my request withdrawal 400 USD via wire transfer. They still hold my money and keep telling it will be process as soon as possible but nothing happen for a week already! I keep follow up my withdrawal status with their support but they always said the same thing. Trading activity does not give me a big problem but sometimes platform will freeze for 2 minutes and execution become slowly during economic event. I hope that they will transfer my money and improve those flaws so that I don’t have to find another broker. To all trader that have use forex4you, just be careful using their service especially on withdrawal transaction otherwise you will face the same problem with me.
Author of Forex4you: Shokhrukh_Ostin | Date 2017-08-24
I trade in a Class NDD account with Forex4you broker at last year. Usually I was using MT4 platform for trading, but the platform didn't listen to my command on trading. Because the platform was too slow, which hanged 2 minutes before open or close a position. Even S/P didn't generate in a losing trade in time. While their spreads 0.75 pip but occasionally it had increased too. I was depositing $200 and received 25% deposit bonus. But they have canceled the bonus from my account one month later. Before January 2017, I have been trading with them and continuously lost $150 dollars for above issue. They always delay my payment when I requested a withdrawal through NetPay.Really I have faced many issues and passed totally awful experience with Forex4you broker.
Author of Forex4you: JigdhoFx | Date 2017-07-11
I can’t recommend forex4you I would advise not to put even 1$ to trade at forex4you. Two months ago I was deposited $450 they gave me 25% deposit bonus $112.5 and my a total balance stood up $562.5. I started trading with my EA and during this two months I earn profit of $314 and my total balance reached $876 then they cancelled the deposit bonus to the value of $112 so I tried to withdraw my deposit and profit to the value $700 they then stripped away my profit leaving my original deposit of $450. Why they just cancel the profit when I tried to withdraw?
Author of Forex4you: fxmiesang | Date 2017-05-17
During this years my trading process doing well and I won about 15% to 25% from my deposit as the profit. So than I want to get more and join their contest, until I win and shoult get bonus. But what they gives was not money but some point. I asked them to specify the reason because it is clearly published on their website but I never got a response since then. After 3 days, I feel hopeless and think to use my point, but my account wa freeze and I not be allowed to login. I am very saddened by my experience with this broker. Who experience the same case like me ? Should I close my account ?
Author of Forex4you: ArryaFX | Date 2017-04-26
I finally close my account with Forex4you. For me this broker was only a loss cause. I lost not only money but also time. I first lost my deposit 150$, after that they pursuit me to deposit again because they have this strategy. I deposited again 150$ with WebMoney. Made profit during the first 2 months 1200$, which I finally lost among with all my funds. I deposited again only 100$, because once you start is difficult to go out and I lost again. I have a cent account. The problem is that the platform has delays 2-3 seconds so the prices aren't real. I traded EUR/USD, USD/CHF, USD/JPY and USD/DKK. From 10 trades I had 2 successful, which means a 20% rate of winning. The support team is rude and non-existent so don't count on it. Stay away from this broker.
Author of Forex4you: Rossi | Date 2017-03-27
Forex4you is a scammer, please don’t join trading with this broker. In last year, I had bad experience with this broker when I traded with them. Thus, this broker took all my profit 800$ which I traded when I made a request of withdrawal. At that time, I deposited 600$, and luckily I earned large profit with 800$. Therefore, I wanted to withdraw my profit, but this broker just give me a half of my profit with 400, instead of 800$. Hence, I sent them emails about this issue, but I got no response because of their ignoring. Before the withdrawal, they were responding to my emails quickly whenever I contacted to them, it was terrible. Their support is really poor, and I am going to start SCAM report procedure soon. Thus, I have bad experience with this broker – Forex4you which I have never met at other brokers. All in all, stay away from Forex4you, because they are just a cheater!!!
Author of Forex4you: boris | Date 2017-03-15
trading with forex4u is not a good idea since I got a problem that make me to pay 100 USD for their commission copy trade service. Before this I’m only pay within 30-50 USD only but this time I don’t know why they charge me higher amount of commission. I’ve ask this issue to their support online but they said they have a right to change the amount charge for commission. Because of this issue I’m just gain 200 USD only after they deduct my profit for commission. It seems like they are not transparent broker that not clarify the term and condition about the commission charge.
Author of Forex4you: Noadh | Date 2017-02-21
I have two trading accounts with Forex4you, the classic and pro accounts. Two weeks ago, my classic account was blocked by this company after I traded these instruments: EUR/JPY. Gold. USDJPY, and EURUSD and the said account has $541. When I filed a complaint and requested to reinstate my account, they refused to do so. I found no reason behind that. My account was not hit by a margin call because I have sufficient amount. I also checked the currency rates of the trading instruments to know if there are sudden increased of the spreads but I found nothing. That was February 9 and the trading floor is quiet normal during that time. So, why would they block my account? What are their basis? I am very curious to know the reason. Their action hinders me to fund my account again. It seems that this company is doing something fishy behind my back. I have already warned my friends about this matter and I also reported this company to the financial regulator in my country to prevent them from luring newbies. I have two trading accounts with Forex4you, the classic and pro accounts. Two weeks ago, my classic account was blocked by this company after I traded these instruments: EUR/JPY. Gold. USDJPY, and EURUSD and the said account have $541. When I filed a complaint and requested to reinstate my account, they refused to do so. I found no reason behind that. My account was not hit with a margin call because I have sufficient amount. I also checked the currency rates of the trading instruments to know if the spreads suddenly increased but I found nothing. That was February 9 and the trading floor is quiet normal during that time. So, why would they block my account? What are their basis? I am very curious to know the reason. Their action hinders me to fund my account again. It seems that this company is doing something fishy behind my back. I have already warned my friends about this matter and I also reported this company to the financial regulator in my country to prevent them from luring newbies.
Author of Forex4you: pipmysunnyday | Date 2017-01-31
I opened an account with this broker 5 months ago, and I had major issues with the deposit and withdraw mainly. The platform works ok, the support team was fine but not very helpful. The fact is that I saw my money in the account with a delay of 2 days which made me lose opportunities.
Author of Forex4you: geopip | Date 2017-01-24
This broker has so many issues, from the withdraw which is very difficult process to the platform which freezes, maybe because of the servers. Every single deal was with a re-quote. The leverage changes during news like crazy. I wanted to make a profit but I never won a pip because of the low execution. The support team is polite and helpful with the issues but the overall broker is not good.
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