Forex4You MT4 Broker. Nanolot 0.01 in cent.

mr_nims · #1 (**permalink**) 08-30-2009, 07:38 PM

Hi,

Is anyone using this broker apart from me, i joined it recently due to i can test strategies in cents and with microlots (nanolot in dollars) like 0.01lot in cent. They also have office in India in my city of Mumbai, which is where I'm from.

I have not made a withdrawal yet as its been less than a month since i am using them, everything seems to be pretty well like execution, scalping and traders room on the website.

Please comment if you are using this broker and your experiences.

Online forex trading, Forex trading, Forex broker, Currency trading India
forex4you.JPG

timbecks777 · #2 (**permalink**) 09-02-2009, 07:03 AM

Completely scam broker. I remember their lie when I asked them about their location. They answered me that their main office is located at London, UK. That was so funny, because I can see their main office through my windows

So, my next question was about regulation by FSA. So, there was no reply from them.
And dude, do not expect that you will get commission from them. I tested their partnership program and you know what happened? They kicked me out of it when I attracted 2000 customers. Man, "have fun" with them!

jafar00 · #3 (**permalink**) 09-02-2009, 08:36 AM

According to their site, they are BVI registered meaning, no regulation or forex license at all.