Forex4you General Information
Forex4you isn't just a brand name – it stands as a testament to the vision and ethos of its parent company, E-Global Trade & Finance Group, Inc. Registered in the British Virgin Islands under registration number 1384287, the Company operates in full compliance with the stringent regulations outlined in the Companies Act (Chapter 285) and International Business Companies Act (Chapter 291). Since its inception in 2007, Forex4you has etched its footprint in numerous countries, including the bustling markets of India. When the pioneers behind Forex4you envisaged this brand, they were driven by a mission beyond mere forex trading. They aimed to democratize access to the forex market, ensuring that everyone – from novices to experts – had a place. The journey with Forex4you is meticulously designed: start with a Cent account to grasp trading fundamentals, transition to a Classic account to refine skills and earn, and eventually evolve to a Pro account, where all amassed knowledge can be put to its pinnacle use.
The choice of the name "Forex4you" was far from arbitrary. It was the culmination of meticulous thought and a genuine desire to encapsulate the essence of what they offer - Forex trading tailored 'for you', the individual trader.
Forex4you's Classic Account exemplifies their commitment to making forex trading accessible. It provides a platform where traders can begin their foray into the forex world by trading with as little as 1/1000th of a lot or $100, and leverage their trades with margins ranging from 1:10 to a staggering 1:500. This means, with as little as $2, one can command a trade worth $1,000.
But for those who are just dipping their toes into the vast ocean of forex, Forex4you offers Cent Accounts. These accounts allow burgeoning traders to trade in cents rather than hefty dollars, offering an authentic trading experience without the daunting risks. Here, trades can be as minuscule as 1/10,000 of a lot or just $10. Even better, with margins as high as 1:500, initiating a $10 trade requires a mere 2 cents. Yet, Forex4you understands that trading is not just about transactions – it's about learning, growth, and evolution. That’s why they offer a complimentary performance analysis service for Cent Account holders. This not only empowers traders to assess their performance, gauge risks, and track various other indicators but also provides invaluable feedback to refine trading strategies.
Consistently striving for excellence, the Forex4you team is unwavering in its dedication to improving services. By actively seeking and valuing customer feedback, they ensure that they remain at the forefront of the industry, offering services that are in sync with traders' evolving needs. In the world of forex, Forex4you isn't just a broker; it's a partner in your trading journey.
Embracing Innovation: The Forex4you Journey
At the heart of our enterprise lies a philosophy deeply rooted in innovation. We're not just another trading company; we're an embodiment of change, aspiration, and a fervent belief that the online trading sector deserves more — more transparency, more inclusivity, and a democratized access for all.
Our Achievements at a Glance:
- 2.8 million - The number of trading accounts we've proudly opened.
- 1.3 billion - Orders meticulously executed.
- 19 - Coveted industry awards we've been honored with.
- 8 - Languages we fluently support, showcasing our global reach.
- 16 - Years of reshaping the trading market.
Our Genesis: A Visionary Start in 2007 The year 2007 marked the birth of Forex4you, an initiative by the E-Global Trade & Finance Group, Inc. Embarking on this journey, we were more than just a young team; we were a passionate and ambitious crew, eager to etch a distinctive mark in the trading sphere.
Pioneering the Social Trading Era
Share4you in 2013 With each passing year, our dedication bore fruit in the form of technological advancements and an expanding suite of services. 2013 was particularly monumental — it witnessed the launch of Share4you. This wasn't just a new service; it was a revolutionary concept, a platform ushering in the age of social trading. Share4you was crafted to ensure that participation in financial markets wasn't reserved for the experienced. It paved the way for anyone, irrespective of their trading know-how, to partake in the world of finance. While the global industry caught on to the social trading wave a year later, we were already there, leading the charge.
Stepping Up the Tech Game
MarketPlace in 2016 Our commitment to technological superiority saw another significant chapter in 2016. MarketPlace, our proprietary liquidity aggregator and order execution technology, was unveiled. More than just software, MarketPlace revolutionized trading by aggregating offers from diverse liquidity providers, sieving out the best BID/ASK prices, and ensuring they reached our clientele. By guaranteeing that client requests were executed at optimal prices, we fortified our reputation for being client-centric. Not to mention, our in-house innovations didn’t stop there; we've also developed our leading-edge WebTrader, versatile mobile applications, and a robust PC platform.
As we look back at our journey, our message remains clear: At Forex4you, innovation isn't just a buzzword; it's our DNA.
In the Realm of Trading, Timing is Paramount
In the high-stakes world of trading, every millisecond counts. Recognizing this quintessential truth, we at our end are fully committed to delivering unparalleled execution speeds. We're not merely talking about quick; we’re referencing lightning-fast transactions, measured in mere milliseconds. Coupled with an unwavering uptime for our servers, this ensures that you never find yourself missing a trading opportunity due to any latency on our end.
A Deep Dive into Order Execution Speed
Our claim to remarkable order execution speed is rooted in empirical evidence. The data we present is a comprehensive compilation, drawn from the last 12 months, encapsulating the performance metrics of all trading transactions across the stipulated account types. To provide clarity on our measurement parameters, our execution speed time is gauged from the exact moment a request is initiated from a client's terminal, up until the point where the client is furnished with a confirmation of the transaction.
To ensure accuracy and transparency, all provided data undergoes meticulous rounding to precisely two decimal places, adhering strictly to established rounding protocols. This information is dynamic, and we make it a point to refresh it up to the 14th day of the succeeding month, thereby ensuring our clients are always privy to the most up-to-date statistics.
Prioritizing Security: Our Unwavering Commitment
At Forex4you, our dedication to security isn't just a commitment; it's a principle we're built upon. Governed by the regulations set by the Financial Services Commission (BVI FSC), our standards don't just meet the regulatory requisites—they often surpass them. This is done to provide our clients with the utmost assurance in the protection and integrity of their investments.
Strengthening Capital Resilience
Consistently bolstering our share capital and reserves, Forex4you is unwavering in its quest to elevate its financial robustness. This diligence ensures that the ratio of our cumulative reserves to client assets displays a rising trajectory year on year. Such fiscal fortitude equips us with a shield against potential financial upheavals during volatile market phases and anchors the sustainable and dependable operations of the company for the foreseeable future.
Guardianship of Client Funds
Our responsibility extends beyond mere trading. Forex4you is resolute in its commitment to segregate client funds, distinctly setting them apart from our operational finances. Further fortifying the security, client funds are judiciously distributed across multiple banking institutions. This meticulous separation ensures that even in the improbable scenario of the company facing financial distress, the client funds remain insulated and protected.
Reliable Liquidity Partnerships
Recognizing the pivotal role of liquidity in effective trade execution, we've built affiliations with only the most reputable and regulated financial institutions. Forex4you takes pride in its robust FIX API connections established with a host of European regulated liquidity providers, ensuring seamless and trustworthy trade functionalities.
Cutting-Edge Risk Management
Security and risk management are two sides of the same coin. Embracing the most sophisticated risk management tools available, Forex4you fortifies its client investments against potential hazards. By leveraging these state-of-the-art technologies, our clients are empowered with refined risk controls, offering them avenues to cap potential losses. Furthermore, our bespoke risk management systems are designed to guarantee traders never find themselves in a position where their at-risk amounts exceed their initial investment.