Forex4you Forex Broker Review
About Forex4you Forex Broker
Forex4you, a United Kingdom based forex broker, has only been in the online scene for 2 years. The company is quite young, and currently unregulated. The mother company is E-Global Trade & Finance Group, Inc., and has the lowest possible amount requirement which is $1.
They allow MetaTrader 4 support, which is a huge plus for most clients. Annual interest rates for account balance are given, a good thing for those irregular forex traders. They also have good spreads (2 pips) and leverage (of up to 1:500), and trading is available 24 hours from Monday to Friday. Phone trading is also available in selected countries.
Forex4you also has local offices in UK (head office), Russia, India, Ukraine and Uzbekistan. Customer service however is not online, and there is no instant chat or call services over the Internet.
Basic Broker Details
|Country of Origin||United Kingdom|
|Accepted Deposit Modes||Liberty Reserve, E-Gold, any major credit card, bank transfer|
|Leverage||Up to 1:500|
|Regulation Body||Currently unregulated|
|Spread||2 pips (EUR or USD)|
|Minimum Account Requirement||$1|
Pros of Forex4you Forex Broker
*MetaTrader 4 support
*Account balance (on selected accounts)
Cons of Forex4you Forex Broker
*Unregulated forex broker