Overall Rating: ★★☆☆☆ (2.4/5.0)

Forex4you is an offshore forex and CFD broker launched in 2007, offering access to MetaTrader 4, proprietary platforms, and copy trading via Share4you. While the broker claims to offer competitive spreads, multiple account types, and crypto deposits, it is regulated only by the Financial Services Commission (BVI), which provides limited investor protection. This Forex4you review explores the broker’s offerings, costs, platform features, and critical risks to consider.

Key Features

Forex4you is designed for both beginners and intermediate traders seeking flexible trading accounts and basic social trading features.

• Trading Platforms:
  • MetaTrader 4 (MT4)
  • Forex4you WebTrader
  • Share4you – proprietary copy trading platform
• Markets Offered:
  • Forex, indices, commodities, and stocks
• Account Types:
  • Cent, Classic, Pro STP, and Cent NDD
• Leverage:
  • Up to 1:2000 (varies by account and region)
• Deposit Options:
  • Bank cards, Skrill, Neteller, crypto (BTC, ETH, USDT), Perfect Money

Regulation and Security

Forex4you is only regulated by the British Virgin Islands Financial Services Commission (BVI FSC), a low-tier authority.

• BVI FSC Licence No. SIBA/L/12/1027
• No FCA, ASIC, or CySEC regulation
• No investor compensation fund
• Client fund segregation is claimed but not independently verified
• No negative balance protection guarantee

Pricing and Costs

Forex4you offers flexible pricing based on account type, though conditions are not the most competitive in the industry.

• Spreads:
  • Cent Account: From 1.5 pips
  • Classic Account: From 0.9 pips
  • Pro STP Account: From 0.1 pips + $8 per lot commission
• Commission:
  • Pro STP only: $8 round-turn per lot
• Minimum Deposit:
  • From $1 (Cent account)
• Deposit & Withdrawal Fees:
  • No internal fees, external charges may apply
• Inactivity Fee:
  • Not clearly disclosed

Educational Resources and Customer Support

Forex4you offers basic educational tools, though quality and depth are limited.

• Education:
  • Blog articles, basic video tutorials, and beginner guides
  • No structured training or advanced trader courses
• Market Analysis:
  • Daily forecasts and trading news
• Customer Support:
  • 24/5 live chat, email, and phone
  • Support in English, Thai, Hindi, and several regional languages

Risk Management Tools

Risk management features are standard but lack more advanced controls.

• Tools Available:
  • MT4 stop-loss, take-profit, and margin alerts
• No guaranteed stop-loss orders (GSLOs)
• Leverage settings are manually adjustable
• Copy trading via Share4you carries risks from following underperforming signal providers

Pros and Cons

Pros

• Copy trading via Share4you
• Multiple account types including cent and STP
• MT4 and web-based platform options
• Low minimum deposit ($1)
• Crypto deposits accepted

Cons

• Only offshore regulation (BVI FSC)
• No compensation scheme or top-tier oversight
• Limited education and weak market research tools
• No MT5 or advanced trading tools
• Risky copy trading with limited vetting of providers

Conclusion: Is Forex4you the Right Choice?

Forex4you may appeal to beginners looking for copy trading and micro accounts, but its lack of strong regulation, limited transparency, and basic platform tools make it a high-risk choice for serious traders. While the range of account types is attractive, those seeking safety and tighter pricing should look to better-regulated brokers like Pepperstone, Vantage, or IC Markets.