About the Company
Forex4you is a brand of E-Global Trade & Finance Group, Inc. (the Company). The Company is registered in the British Virgin Islands (no: 1384287) in accordance with the Companies Act (Chapter 285) and International Business Companies Act (Chapter 291). The scope of activity of the Company is providing foreign exchange brokerage services on the Internet using electronic payment systems.
The Company is authorized and regulated by the FSC under the Securities and Investment Business Act, 2010 License#: SIBA/L/12/1027. Forex4you brand has been registered by the Company in many countries and exists since 2007.
The purpose of creating Forex4you brand
Creating Forex4you brand, our main goal was to create an opportunity for each client to enter Forex market, starting with a Cent account to learn the basics of trading, and then open a Classic account to begin making profits and get good skills and then to eventually start working with a real Pro account to fully apply all the knowledge. We are now proud to offer high-tech professional services to our clients.
When we took the name Forex4you, it wasn’t an accident. We spent a long time looking for a name that reflected our business and what we do for our customers. We were guided by two principles:
- We make forex affordable for small investors – for people like you
- We do our business on the internet – making forex trading accessible to everyone
The name Forex4you reflects this:
- Forex is the business we are in – foreign exchange trading
- 4 is an abbreviation of for – this is often used on the internet and reflects our web focus
- You is who we’re in business for – we bring affordable forex to everyone
We make forex affordable with our Classic Account. This offers the following benefits:
- Miniforex and miniforex trading – trade as little as 1/1000th of a lot or $100
- Margins from 1:10 to 1:500 – you need as little as $2 of capital per $1,000 trade
We also offer Cent Accounts to help you learn forex by trading in cents, not dollars. With a Cent Account, you’ll be able to do everything below:
- Make trades as small as 1/10,000 of a lot or $10
- Trade on margins up to 1:500 – a $10 trade only needs 2 cents of your money.
- Learn about forex trading using real money – but with minimal risk
While you’re learning with your Cent Account, we want you to understand how you’re doing. We offer a free performance analysis service that lets you do the following things:
- Evaluate your trading performance
- Understand the risks as your margin levels rise
- Track other performance indicators – such as transaction periodicity and recovery factors
- Get recommendations on how to improve your trading strategy
Our mission is to provide the best online service in the Forex market in terms of “low investment requirements and quality” for retail clients.
Service and customer relationship
Building relationships with our clients, we focus on offering high technology, being professional and constant development. Long-term sincere and transparent communication is what we regard as of paramount importance. Using the latest technologies and cooperating with leading trading software development companies, Forex4you encourages traders’ development and strives to provide the fastest No Dealing Desk (NDD) access to the interbank market. In 2011 the Company started to focus on its own development and technology innovations in order to reduce costs and improve the quality of customer services.
Moreover, we offer Market Depth (or Level 2) service to all our clients, so that they can not only get the best quotes, but also access to more than 16 price levels from the Forex top-tier liquidity providers.
History of Forex4you
Forex4you is part of the E-Global Trade & Finance Group, a growing foreign exchange business. We started out with just seven employees. By the middle of 2010, we had nearly 60 employees, and we had handled over 55 million foreign exchange transactions for over 10,000 forex clients.
- In May, launch of the first services Cent Lite and Classic Lite
- Launch of a unique multi-level affiliate program
- Number of orders reaches 10 millions
- Number of active clients of the company reaches the 10,000 mark
- Client funds increased 31.55 times from early 2008 to early 2010
- Total number of registered orders reaches more than 55 million
- Launch of Cent and Classic NDD
- Launch of Classic, Cent Lite expansion, Cent NDD, Pro STP and PAMM services
- Forex4you volume of closed orders reaches 154.83 billion in units of the base currency
- Employee count reaches more than 100
- The number of total active accounts of the Company reached the 100,000 mark (with at least one trade on account)
- Total number of closed orders jumped over 160 million on 500,000+ opened trading accounts
- Simultaneously open orders count reaches more than 300,000
- 400+ PAMM traders serving for 2,500+ investors registered in just few months after launch
- Daily performed trading transactions reaches more than 2,300,000
- Launch of PAMM Cent service
- Partner count reaches more than 150,000
- Total assets of the Company for 2012 increased by 58.18% against 2011
- The number of active accounts of the Company reached the 98,814 mark (with at least one trade per year)
- Launched social trading service – Share4you. With Share4you You can copy orders from successful traders using large variety of copying settings (including mirror trading).
- Opened account in the largest bank in Singapore – OCBC (this is the 4th bank we actively work with).
- Reached a trading record volume twice. First time in May and second time in October.
- Achieved a new partner payouts record in October 2013. Partner payouts for the first time in the history of the Company have reached a seven-digit number, more than 1 million USD dollars in one trading month!
- Received awards «Best Forex Company in the field of affiliate programs» and «Best Forex Broker in South-East Asia».
- Forex4you became a partner of Kontinental hockey league for 2013-2014 season
- We bacame an Official partner of the FIA World Touring Car Championship in Russia
- Beginning of the partnership with professional IT Company Infobox allows us to offer VPS services
- Cooperation with Thailand’s leading bank – Bangkok Bank, the largest regional bank in South-East Asia
- For the second consecutive year we extended our partnership with Kontinental hockey league and became a partner of the Playoff Championship
- On March 20 Share4you service reached a new milestone – 10 million trades had been copied
- We became an official partner of Blancpain GT Series Moscow City racing
- Financial audit carried out by KPMG auditor, confirmed that while financial markets were facing hard times, Forex4you figures indicated dynamic growth
- According to the report of the financial activities of our company, we successfully achieved a capital adequacy ratio of over 40%. Forex4you is constantly striving to increase this ratio to provide even greater stability of its services
- Our clients opened a jubilee 1’000’000th trading account!
Results that we have achieved in 2015:
- Most profitable trade: 65 460 USD
- Client rebates: 443 852 USD
- Partner payouts: 4.99 million USD
- Active accounts (account that has traded at least once during the period): 92 566
“Number of Active Accounts” diagram shows 11% growth.