Forex4You/Share4you Review

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Share4You is a copy trading service offered by the online broker Forex4You. The service is available through their mobile app and on the desktop. In this Share4You review, we will monitor the service’s features, the process of registration, the overall customer experience, and the pros and cons of using the service.

Forex4You Overview

Forex4You has been a global online broker offering trading opportunities since 2007. The company’s head office is registered in the British Virgin Islands. They comply with the rules and the regulations of the Financial Services Commission (FSC) of the British Virgin Islands (BVI).

With the various opportunities for experienced traders, Forex4You offers social and copy trading options for novice traders and investors. Share4You aims to provide easy access to the financial markets for them.

Share4You Features

Share4You is a service provided by the online broker Forex4You. Launched in 2013, this was one of the pioneer projects in the field.

Share4You follows the basic principle of copy trading, where investors can potentially earn some money by copying the strategies of experienced traders. Both traders and investors can open their accounts via the official website of the broker. To download the trading platform for a mobile version, both users need to submit their phone number, and they will receive a link to download it.

Regardless of the chosen role – as an investor or a trader (Leaders in the terminology of Share4You), to start with Share4You, you need to complete a verification process, including information about your home address and phone number.

If you sign as an investor, you can start selecting a trader and trading strategy to copy once you open your account.Share4You advertise that they have listed over 1000 traders to choose from. Each trader is presented with a short bio, including their name, the number of followers, the level of risk (low, medium or high), all-time gain and last month gain in percentage.

To view detailed information about the trader, you just need to click on their name. The complete profile includes data such as the number of active followers, followers funds and followers profit, the minimum investment required, and the trader commission. An interesting addition created by Share4You is the section Similar Leaders, where you are presented with other Share4You traders that have a similar profile and trading approach to the one you’re reviewing.

Based on the profiles we have monitored, each trader determines the minimum investment required for copying their strategy. The lowest one we have found is 3 USD. To estimate a potential profit, investors can use the Investment Calculator that shows them how much they could earn per week, one, two or three months. This certainly is an attractive feature. However, we would be happier to see a feature that will enable investors to calculate the risk level on their investments.

Professional traders joining Share4You as Leaders can earn a commission. It is calculated based on gained profit or in USD per 098ilot of copied volume.

Share4You customer experience

If you have already some experience with social and copy trading, Share4You will not surprise you with anything groundbreaking. Overall, the process for both traders and investors is easy to comprehend. On the positive side, investors with no experience can select traders to follow by reviewing their detailed profiles and providing all necessary information about their trading style. However, there is no feature that enables them to set their own risk parameters.

Advantages and disadvantages of Share4You

Pros:

► No required minimum deposit, starting as low as 3 USD

► Similar Traders section helps investors to choose traders that are closest to their investment goals

Cons:

► No adjusting Risk Level feature