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FSC Offshore Regulatory
Company Name:
E-Global Trade&Finance GroupCompany Abbreviation:
Forex4youPlace of registration:
Regulatory Status:
Offshore RegulatoryCustomer Service Email Address:
info@forex4you.comCustomer Service Phone Number:
+44 207 193 9932Company summary
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). About MoreWikiFX Risk Alerts
Previous Detection: 2021.04.22 Risk: 1 Item
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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 RegulatoryLicense Type:
Retail Forex LicenseRegulated in Country/Area
Regulatory License No.:
SIBA/L/12/1027Email Address of Licensed Institution :
--License Type:
No SharingWebsite of Licensed Institution :
Expiry Date :
--Address of Licensed Institution :
--Phone Number of Licensed Institution :
--Licensed Institution Certified Documents :
E-Global BVIFSC监管信息20191104 View Certified Documents 2 View Certified Documents 1 View Certified DocumentsIdentification Result
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2021.04.22 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.
Market Instruments
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.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
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.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.