Risk Management Index
The enactment of the Financial Services Commission Act in December 2001 established the British Virgin Islands Financial Services Commission (FSC) as an autonomous regulatory authority responsible for the permission, regulation, supervision of all financial services in and from within the BVI, which includes insurance, banking, fiduciary services, trustee business, company management, investment business, and insolvency services, as well as the registration of companies, limited partnerships and intellectual property. Since 2002, FSC assumed the responsibility for functions previously carried out by the Government through the Financial Services Department. FSC, as financial services regulator, is also responsible for promoting public understanding of the financial system and its products, policing the perimeter of regulated activity, reducing financial crime, and preventing market abuse.
Current Status:Offshore Regulatory
License Type:Retail Forex License
Regulated in Country/AreaThe Virgin Islands
Regulatory License No.：SIBA/L/12/1027
Email Address of Licensed Institution :--
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :--
Phone Number of Licensed Institution :--
Most visited countries/areas
The data are from WIKI Research 2021.05.10 updated
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Basic Information & Regulators of Forex4you
E-Gobal Trader & Finance Group was founded in 2007 and first offered online trading services to its clients under the Forex4you trademark. With steady growth in recent years, E-Gobal Trader & Finance Group has introduced new technologies and expanded its services. In 2013, the company launched a new social trading service, Share4you, allowing anyone to a participant in the financial markets. In 2016, the company lanuched its liquidity aggregator developed its order execution technology. E-Gobal Trader & Finance Group/Forex4you is currently regulated by the Virgin Islands Financial Services Commission (regulatory number: SIBA/L/12/1027).
Safety Analysis of Forex4you
Forex4you is currently only regulated by the Virgin Islands FSC offshore, which is not a strict regulator of forex platforms, and therefore, the activities and safety of clients' funds may not be effectively protected. Investors should consider the Forex4you trading platform with caution.
Forex4you offers investors the flexibility to choose from more than 150 financial assets, mainly Forex, indices, commodities, and stocks.
Accounts & Leverage of Forex4you
To meet the investment needs and trading experience of different traders, Forex4you offers four different types of accounts, namely Cent, Classic, Cent NDD and Pro STP accounts. All four types of accounts have no minimum deposit limits and are available in leverage levels from 1:10 to 1:1000, giving traders the flexibility to choose according to their needs. Please note that while high leverage maximizes returns, it also maximizes risk, so investors should use leverage with caution.
Spreads & Commissions of Forex4you
The minimum spread for Cent Accounts starts from 2 pips, and there is no commission. For Classic Accounts, spreads start at 2 pips, and no commissions are payable. Spreads on Cent NDD accounts start at 0.1 pips, and commissions are $10 per lot. Pro STP Accounts have spread from 0.1 pips with a commission of $8 per lot.
Trading Platform Available of Forex4you
Forex4you offers traders the market-leading and highly acclaimed MT4 trading platform, the most liquid forex trading software with excellent trading & market analysis tools and features that help traders develop their own trading strategies and give them great trading experience. Additionally, traders can also trade using the Forex4you desktop trading platform, the Forex4you web trading platform, and the Forex4you mobile app.
Deposit and Withdrawal of Forex4you
Traders can deposit and withdraw their Forex4you accounts via NETELLER, Skrill, WebMoney, VISA, MASTERCARD. No commission is charged for withdrawals. Traders who withdraw via VISA/MASTERCARD credit card pay need 2.5 EUR/USD + 2.5% service fee, while those who withdraw via NETELLER pay 2% commission. Withdrawals via Skrill are subject to a 1% commission, and withdrawals via WebMoney are subject to a 0.5% commission.
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Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
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