Forex4you is offering highly technological and professional service. By choosing Forex4you as your personal broker you are receiving most affordable market entry with No Dealing Desk Market Execution technology by means of BBO.
You are provided with a wide range of accounts with constantly increasing number of trading tools. You can choose the most suitable trading conditions according to your level of experience: „Cent” for Forex beginners, „Cent NDD” to get order execution on the Counter-agent side; „Classic” for experienced traders who knows how to deal with trading risks; „Pro” for true Forex professional traders.
Using Cent accounts is sometimes the only way to minimize risk, its all about handling the position size in order to do proper risk management this is the main reason why we use them.
BREAKING DOWN ‘ECN Broker‘
Since an ECN broker only matches trades between market participants, it cannot trade against the client, an allegation often directed against some unscrupulous retail brokers. Because ECN spreads are much narrower than those used by everyday brokers, ECN brokers charge clients a fixed commission per transaction.
An ECN broker facilitates trades for interested investors across the ECN. Working with brokers of this nature often results in lower fees as well as additional trading time availability because of how the ECN functions.
Understanding the Electronic Communications Network
The ECN provides an electronic system for buyers and sellers to come together for the purpose of executing trades. It does this by providing access to information regarding orders being entered, and by facilitating the execution of these orders. The network is designed to match buy and sell orders currently present in the exchange. When specific order information is not available, it provides prices reflecting the highest bid and lowest ask listed on the open market.
Benefits of the Electronic Communications Network
The use of the ECN allows investors a way to trade outside traditional trading hours, providing a mechanism for those who either can’t be actively involved during normal market times or who prefer the flexibility offered by wider availability. It also avoids the wider spreads that are common when using a traditional broker, and provides overall lower commissions and fees. For those concerned about privacy, the ECN can provide a level of anonymity to those who desire it. This can be particularly attractive to investors interested in making larger transactions.
Price feed transparency is also a byproduct that many consider a benefit because of how the information is transmitted. All ECN brokers have access to the exact same feed and trade at the precise price that is provided. A certain amount of price history is also readily available, allowing for easier analysis of particular trends within the marketplace. This helps limit price manipulation, as current and past information are readily available to all, making it more difficult to act unscrupulously. Additionally, no trader has a particular built-in advantage over the other, as they all have equal access to the information.
Disadvantages of the Electronic Communications Network
One of the biggest drawbacks to using an ECN is the price to pay for using one. Fees and commission charges can be costly and are difficult to avoid. Per-trade-based commissions can be costly and can affect your bottom line and your profitability.
For Leaders (Traders): “Forex Broker of the Year South East Asia 2017 (IAIR Award)”
The best Forex Broker for you – Share4you clients can benefit from one of the best trading conditions in the industry. Choose from four account types with cent and standard lots, over 120 financial instruments and instant or market execution. All expert advisor trading strategies are allowed. “Start sharing trading activity in 4 simple steps – Get more than just profit from trading. Share your trades and earn up to $8 from every copied lot. Follow these simple steps to become successful trader in Share4you!” “We have the right tools for your success – We know how important are right tools for the job. We are hard at work investing our efforts and most of the budget to innovate and bring you the best tools available in the market. ” “Account Types Why limit yourself with one account type? Feel free to choose account type you like. We offer 4 account types with different trading conditions and execution types.” “Regulate Your & Partner Reward Set the amount of commission you would like to receive for one copied lot by your followers. We have a vast network of partners who could attract new followers, and you can motivate them increasing rewards. ” “Financial Markets With us you have access to over 120 trading instruments in different categories — Forex, Commodities, Indices and Stocks.” For Followers (Investors): Copy the lead traders automatically “NO PRIOR KNOWLEDGE NEEDED!” “FULLY AUTOMATIC” “Participate in financial markets with ease – We connect experienced traders (we call them leaders) with those around the world who want to follow their success and earn (we call them followers).” “Copy a range of experienced traders with different strategies – With Share4you you can copy from a wide choice of skilled traders (we call them leaders). Follow the leaders, copy their trading performance automatically and discuss results of copied trades with other copiers.” “You have full control over your earnings and risks – Enjoy a wide range of customizable settings and options to control the risk and outcome of your copied trades. Learn more from our easy-to-follow webinars and seminars.” Most popular social trading network – Join others worldwide who have already discovered the advantages of social trading in financial markets. Follow professional traders and copy their trades with easy and benefit right now! “Start to copy trading performance of leaders in 4 simple steps – Participating in financial markets has never been easier. Follow these simple steps to start your copying activity as a follower!” “We deliver a first-rate social trading experience – It doesn’t matter if you have just learned about social trading, are a trading enthusiast, a long-standing professional or simply in search of investment alternatives — Share4you brings opportunities closer to anyone. Anywhere.”