Forex4you

Forex4you is an online trading service provider that works with one clear vision: bring transparency to the trading industry that works online and really make trading accessible. The broker saw the face of the market in 2007 and since then, the broker has established itself as one of the best service providers. 

It doesn’t matter if it is about trading cfds or forex trading, the broker ensures that It leads the class of online brokers much like Optimus Prime. The broker accounts for 1.7 million active trading accounts.  Forex4you has also executed more than 700 million orders via its trading platforms. This is one of the brokers that is known to many. 

Is Forex4you Safe for Trading? Regulations:

E-Global Trade & Finance Group, Inc., also known as E-Global, is an authorised and licensed firm regulated by the FSC or the Financial service commission under the SIBA act of 2010. SIBA stands for Securities and investment. The broker is regulated in the BVI, which stands for the British Virgin Islands. 

The above licenses are acquired to fulfil the firm’s intention to become a licensed firm so that the traders can put their beliefs inside and trade with total reassurance.  The license  number of the broker is SIBA/L/12/1027

With these documents in the picture, the broker seems to maintain a regulatory status, like that of a regulated forex broker. The broker also seems to provide segregated account types to its traders.

Forex4you Account Types:

The broker offers 4 different account types, and they are a Cent account, a cent NDD account, a classic account and a Pro STP account. All these accounts come with an addition of a demo account. The trader has to make a valid trading account so that trading can be made easy for them. The cent account and the classic account come with instant execution, while the Cent NDD account and the Pro STP account come with market execution.

Forex4you is a classic multi-asset broker because of the number of assets that it provides on each account. Let’s have a look at each of them individually. The cent account and the classic account have an execution time of 1.23 and .83 seconds, respectively. For currency pair trading, the base currency is universal, which is USD EUR.

There is no minimum deposit in any of the accounts. Traders just have to open an account and nothing other than that. They don’t have to do anything apart from that.  Apart from these, the broker also provides a demo account to practice their skills and make a better trader out of them.

Forex4you Account Opening Process:

The account opening process of the broker is quite simple. All the trader has to do is get on the broker’s official website and then choose the desired account type. When the broker explains what services are offered for each account, it also. Provides a tab where the traders can click and open their account. The tab spells “open account”.

Forex4you Trading Platforms:

The broker offers trading on one of the best trading platforms out there, the MetaTrader4, and apart from that, the broker also provides web trading and trading through the desktop. MetaTrader4 is arguably the best trading platform out there. The trading conditions that the market generally depicts are hard, and the traders need good trading tools to fight the volatility.

Good trading signals while trading instruments like trading forex and cfd trading are important. Engaging in trading foreign exchange also needs a lot of help from the trading platform. If the trader is going with mobile trading, then the results of the execution are displayed on the trading terminal on the server’s end. All of these things combined with an excellent trading platform like the MetaTrader 4 make the best of traders.

To start trading in a proficient manner, three things are a must, good math, a reliable broker and an excellent platform. The math parties up to the trader, the broker is already good and the platforms more than excellent here.

Forex4you Trading instruments:

The broker provides all the instruments required by a trader to become a world-class trader. The broker promotes forex trading, trading in cfds.

The broker provides the traders with services like a risk warning in the case of a high-risk trade since the novices are susceptible to losing money rapidly due to wrong steps in their first few trades. Also, traders have to know that cfds are complex instruments and also, they are known to give the traders a competitive advantage against the market odds.

Providing an NDD account is also a great instrument that not a lot of broker’s offer. Let’s take an example of the classic ndd account. Here, the trader is making a bet in the forex market. The odds of winning the trade is high, but the trade wants to remain anonymous.

This is when NDD brokers come into play. In a classic NDD account, the broker’s identity will always be hidden, and all the executions will be done at the rate and speed of market execution. Almost immediately.

The class of forex brokers is defined by the customer satisfaction they provide, and customer satisfaction comes after a lot of time. Being a global broker. Forex4you also does the same. The market maker can be thought of as a trustworthy broker because of all the different instruments and assets it has been providing, with chances of making real money rather than just talking.

Forex4you Commissions and spreads:

The broker asks for a specific commission on specific accounts. Clearly indicating that there is no universal rule for commission on trades. They depend on what type of account the trader holds and where he or she is trading, with what capital. The cent account and the classic account ask for a fixed spread, while the other two accounts ask for floating spreads.

The cent NDD account and the pro STP account ask for  $10 per trade in commission and $8 in commission. Apart from that, it does not ask for any fee. A lot of brokers ask for things like a deposit fee which is not the right way for a brokerage firm to function. This puts the market maker in the situation of non-trust for any broker.

The financial markets are made by traders who have spent enough time in the ring, back in the day like jobbers did and hence, it is natural for such traders to understand which dealing desk as a broker is good and which one is not. The financial analysis of the market always indicates one thing, It makes a rebound no matter what, it’s a pattern. The brokers that ask for money in such situations should not be entertained and the broker like forex4 should always be looked forward upon.

Forex4you Leverage:

The broker offers a leverage of a maximum of 1:1000. This is a good step as it will allow a lot of traders to put their capital at the forefront and then trade on a bigger market. Although, the experienced traders also understand that it is a two-way street and should be used carefully. If there is any doubt about how leverage works, traders should understand that using the virtual money in a demo account and understanding for themselves. 

The best investment advice any trader can give to a movie is to avoid trading on leverage. Hence, you should do that carefully. The broker accepts traders for who they are and does not differentiate with them on the basis of their capital. This is also done in the case of leverage since the broker provides universal leverage for each account.

Forex4you Deposit and Withdrawal:

The deposits and withdrawals are easy. There is nothing that can be hard to understand. There are different deposit and withdrawal options that the broker provides. The list includes Neteller, Skrill, wire transfer, bank transfer, to name a few. The minimum deposit requirements also come in less with the broker because that is literally Nothing. There is no deposit and withdrawal fee that the broker asks for.

The deposit funds are safe, and the broker does not ask for any deposit fees as well. It seems like the broker wants to make trading a hassle-free experience for all the traders, no matter where they come from or what capital they have. The traders also need to know that when the brokers begin to ask for money to put your money in their wallet or take out their money from the broker’s wallet, it is time to get more from that broker.

Forex4you Customer support and education material:

The customer support from the broker’s end is active five days a week, throughout the year. The broker also provides customer support in more than 15 languages which are, again, a good thing. The trading platforms offered by the broker like the MetaTrader 4 and 5 are known to have their own base of trading and education material that helps the traders to build as they learn and trade. This is a very good step taken from the platform creators. Apart from platforms, the broker also provides things like an economic calendar that is updated on a  daily basis.

Forex4you Final verdict:

The broker seems to be legitimate enough for the traders to begin trading as they want to. However, the traders have to be careful enough before they put real money in the market because the market is and always has witnessed the volatility that is there. The trader can be the best and be associated with the best forex broker out there and still lose a trade.  

It’s a good broker that can make the right prediction and make millions. Sometimes it is not about the game but about the situation, or luck, as they call it. The broker’s end is completely good enough when it comes to executions and customer satisfaction.

It does not ask for anything like a deposit fee or a minimum balance out of the world. This broker needs to be accessed by a lot of different traders and their lineages.

The idea is to do the proper research and then choose the right broker so that there is a little less chance of losing the money. Money, however, can be lost in any way, and the broker is almost never responsible for the same.

The broker Forex4you is the best forex broker for a novice trader. From the spreads to the leverage to the account types, the broker is a completely fine case of a  financial service provider.

The deposit method of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, etc. The headquarters of the YaMarkets is located at Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.

The brokerage firm offers customer support service to the investors which is helpful for the traders to solve their problems regarding trading in the market. It is one of the best online brokers in the market which provides the best services and functions to investors.

Is YaMarkets Scam: Regulations

It is the legit broker in the market regulated and sanctioned by the Vanuatu Financial Services Commission (VFSC). The investor’s money is completely secure and safe with YaMartkets because the broker will use the upgraded technology for trading.

Before starting trading with YaMarkets the traders need to deposit the initial amount of $10. After that, the brokerage firm doesn’t charge any commission on all the trading accounts except ECN. The withdrawal process of the YaMarkets is very simple; a trader only needs to submit a withdrawal request then the broker initiates a request within the working hours.

The broker offers the maximum leverage of 1:1000 to the professional investors of YaMarkets.

YaMarkets Trading Account Types

The brokerage firm offers four types of trading accounts, and each account has some advanced level of features and functions which is grateful for the investors.

Ultimate Trading Account

• To start trading with YaMarkets the minimum deposit is required $10.
• Minimum trading volume 0.01
• The broker offers a Swap-free Account.
• In the Ultimate trading account, the Spread starts from 1.8 pips.
• The broker doesn’t charge any commission while trading in the ultimate reading account.
• The maximum leverage offered by the broker is 1:500.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

Standard Trading Account

• Before starting trading with YaMarkets, the minimum deposit required is $500.
• Minimum trading volume 0.01
• The broker offers a Swap-free Account.
• In the Ultimate trading account, the Spread starts from 1.5 pips.
• The broker doesn’t charge any commission while trading in the ultimate reading account.
• The maximum leverage offered by the broker is 1:500.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

Royale Trading Account

• The minimum deposit is $2500 to start trading with YaMarkets.
• Minimum trading volume 0.01
• The broker offers a Swap-free Account.
• In the Ultimate trading account, the Spread starts from 1.0 pips.
• The broker doesn’t charge any commission while trading in the ultimate reading account.
• The maximum leverage offered by the broker is 1:300.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

ECN Trading Account

• The minimum deposit is $5000 to start trading with YaMarkets.
• Minimum trading volume 0.10
• The broker offers a Swap-free Account.
• In the ECN trading account, the Spread starts from0.1 pips.
• The broker doesn’t charge any commission while trading in the ECN trading account.
• The maximum leverage offered by the broker is 1:200.
• The Account Currency type is USD.
• The trader has a Margin call of 70%.
• A trader has a Stop Out option of 50%.
• Instant Execution.

YaMarkets Account Opening

It is one of the best online brokers in the market. However, to start trading with YaMarkets, a trader needs to follow a few essential steps.

• In the beginning, a trader needs to apply online on the official website of Yamarket then fill the application form in which they put the necessary details such as name, age, address, country, etc.
• Then the trader gives the answers to the questionnaire, which is related to the trading plans and goals.
• It is one of the most important steps in which an investor needs to verify their trading account with the help of a government ID card because it takes some time to verify their trading account.
• In the end, deposit the initial amount of money and start trading with YaMarkets.

YaMarkets Trading Platform

YaMarkets offers two types of the trading account as MetaTrader 4 and MetaTrader 5. Every trading platform has some unique functions which are beneficial for the investors.

MetaTrader 4 Trading platform

It is the best trading platform because it is easy to handle and controlled by investors. In addition, MetaTrader 4 platform has all the features which are essential to predict the future market of the assets.

What are the main features of the MetaTrader 4 trading platform?

• The brokerage firm offers tradable assets such as forex, cryptocurrency, Indices, Metals, Indices, etc.
• The platform supports various types of languages.
• MetaTrader 4 platform has all tools and indicators which are essential to trade.
• Offers a variety of charts for trading.

MetaTrader 5 Trading platform

It is the advanced level of the trading platform in the market because if we compare both the trading platforms, then MetaTrader 5 has more variety of tools and indicators for trading.

What are the main features of the MetaTrader 5 trading platform?

• A trader can trade on a variety of CFDs assets.
• The platform supports VPS.
• It has some superior charting systems.
• A trader gets access to the market news and data.
• The broker offers educational material which is helpful to get information about the market.

YaMarkets Trading Instruments

The brokerage firms offer CFDs instruments for trading. Therefore, a trader can earn a higher profit with YaMarkets.

Forex

• Spreads from 0.0 pips.
• Access to 60+ Currency Pairs.
• 0.20s Average execution speed.
• All trading strategies enabled.
• Leverage up to 1:500

Cryptocurrency

• Invest in CFDs on 26 Cryptocurrencies.
• Trade at any time convenient for you.
• Start your trading with just 10USD.
• Invest via modern platforms.

YaMarkets Commission & Spreads

• The brokerage company doesn’t charge any commission while trading.
• Only the ECN trading account holder pays the commission on trading.
• The Spread is fluctuating within a second.
• The broker charges the inactivity fee if an investor is inactive in the market.

YaMarkets Leverage

The brokerage firms offer a maximum leverage of 1:1000 to the professional investors and 1:30 to the retail investors.

YaMarkets Deposit and Withdrawal

• A trader can deposit an unlimited amount of money into the trading account for trading.
• The broker doesn’t charge any commission while depositing the money.
• The payment option of the YaMarkets is via Bank Wire, VISA, MasterCard, AstroPay, Bitcoin, Local Bank Deposits, Local Exchangers, PayPal, PerfectMoney, Skrill, VoguePay.
• The broker charges the withdrawal fee from the traders if the trader withdraws a large amount of money.

YaMarkets Educational and Research Support

The brokerage firm offers a wide variety of educational and research material for investors. It is helpful for the investor to gain knowledge about the market and predict the future situations of the asset.

A trader understands the market properly then practices on the demo account first and selects the best trading strategy for trading which is used in the real trading account.

Here is the list of Educational and Research support:

• Calculator
• Educational Video
• Economic Calendar
• Daily Trading Signals

YaMarkets Customer Support

The broker provides customer support service for solving problems. The employees of YaMarkets have good experience to solve the investor problem. If the problem is not solved by customer support, it will be transferred to the higher executive.

Address: Suite 305, Griffith Corporate Centre, Kingstown P.O. Box 1510, Beachmont Kingstown St. Vincent and the Grenadines.

Email: [email protected]

Phone number: +357 22030234

Final Verdict

YaMarkets is authorised and approved by the Vanuatu Financial Services Commission (VFSC). The investor of this firm is giving positive feedback towards the broker. This is the only broker in the market which provides the best trading tools and indicators.

Why Trade with YaMarkets?

• VFSC regulates it.
• A trader can trade 80+ CFDs assets.
• The brokerage company offers a demo account for the investors.
• The broker provides a customer support service to traders.
• Provide a variety of tools and indicators.