Forex4you - Online Forex & CFD Broker Review
Forex4You
Forex4You
is a forex and cfd broker. The heart of Forex4you Dealing Center is
E-Global Trade & Finance Group Inc registered in British Virgin
Islands - this is where all financial operations are carried out.
However, all paper work is being done in the business heart of Europe -
London. This is where our clients send documents, enquiries, etc. Then,
E-Global Management Group Inc of British Virgin Islands takes all the
administrative functions.
100 financial instruments
Trade
with world currencies, shares of top corporations or commodities -
everything in the same place! From popular EUR/USD pair to McDonald's
shares and soybean bushels - variety will satisfy any trader! Metatrader 4
Leverage 1:10 up to 1:500
Leverage
- is the term used to describe margin requirements: the ratio between
the collateral and the value of the contract. 1:100 leverage means that
you can control 100,000 with only 1,000 (1%).1:10
leverage is available for most careful traders, 1:100 and 1:200
leverages will do fine for risk-tolerant clients, and 1:500 leverage
will be the best option for those seeking maximum opportunities along
with higher risks.
Standard
contract of the Forex market is 100,000 units of the base currency.
Standard leverage is 1:100. We offer you an opportunity to trade tiny
lots - the minimum contract size for a fx4u-cent account is just
0.0001 of the standard contract of the Forex market.
Market order
- an order to buy or sell at the current market price. The execution of
the order is immediate; this means that the price of the currency seen
at the exact time of the click will be given to the client.
Margin call level
(level of required margin) - ratio (of the total of balance and
floating profit deducting floating loss) to a marginal requirement
(deposit) expressed in percentages. A margin call prevents clients from
having a negative balance in their accounts.
Stop Out level
is a required margin level. If equity has reached this level, orders
are closed forcibly starting with the least profitable one until the
margin level is up to the minimum. Please note that our company uses
Stop Out level to decrease own risks of clients going to a negative
balance. Stop Out level should not be used by clients as a part of risk
management strategy - stop loss orders must be used instead.
Forex4you Spreads
Variable spreads from 1 pip
Contract Specifications of Forex & Commodities
No
commission for fx4u-cent/classic accounts. Comission for fx4u-pro
accounts is 10 USD per 1 lot for regular accounts (5 USD for opening and
5 USD for closing) and 1 USD per 1 lot for VIP accounts. Details are
given for 1:100 leverage.
Specifications of CFD on shares.
A
contract for differences or CFD is an agreement to exchange the
difference in value of a given asset (shares and commodity futures)
between the opening and the closing time of the contract. It is a
derivative that allows traders to speculate on the price of assets and
take the advantage of market fluctuations.
Account
types: fx4u-cent/classic. Trade time: 15:30-22:00 GMT+1 (CET). Trade
commission is 0.1%. Minimum size of the contract equals 0.1 lot (or
0.001 for cent accounts).
Specifications of CFD on futures.
Account
types: fx4u-cent/classic. Trade commission is 10 USD for 1 lot. Minimum
size of the contract equals 0.1 lot (or 0.001 for cent accounts).
HIGH
RISK WARNING: Foreign exchange trading carries a high level of risk
that may not be suitable for all investors. Leverage creates additional
risk and loss exposure. Before you decide to trade foreign exchange,
carefully consider your investment objectives, experience level, and
risk tolerance. You could lose some or all of your initial investment;
do not invest money that you cannot afford to lose. Educate yourself on
the risks associated with foreign exchange trading, and seek advice from
an independent financial or tax advisor if you have any questions.
Warning
of risks and responsibilities. FX-PQ Forex Quebec or every person
having a link with FX-PQ Forex Quebec will accept no responsibility for
any losses related to the speculation or any damage related to the
confidence on the information contained on this site, or quite other
site belonging to FX-PQ Forex Quebec or his owners. The information, the
data, the quotations, the indications, the graphs and the signals of
purchase and sale of the forex currencies marcket are published only in
title area codes and can not be exact and can differ from the real price
of the market and are not thus convenient for purposes of trading.
Please be completely informed about the risks and the costs related to
trading on financial markets and FX-PQ Forex Quebec will
assume no responsibility for the losses related forex to trading which
you could incur because of the use of these data.
Copyright by FX-PQ Forex Quebec © 2010