Worked example
Practising on Markets4you (formerly Forex4you)'s numbers
This is an exercise sheet, not a review. We are going to take three things that Markets4you (formerly Forex4you) publishes — a spread, a ladder of account types and a list of licences — and turn each of them into something you can do arithmetic with. By the end you should be able to repeat the whole exercise on any firm you come across, which is the actual skill being taught.
The figures we are working from
Nothing below is our estimate. Where a firm has not published something, or we could not read it on a source we trust, the box says so instead of guessing — a habit worth copying when you build your own broker notes.
Exercise one — turn the spread into money
Markets4you (formerly Forex4you) does not publish a EUR/USD spread we were able to verify, so there is no honest arithmetic to do on this page. Do not substitute a number you read on a comparison site: an unverified spread quietly becomes an unverified cost, and then an unverified plan. Use one of the other examples on the practice index for this exercise and come back to this file for the account ladder below.
Exercise two — read the account ladder
Account tiers are a pricing structure dressed as a status ladder. Markets4you (formerly Forex4you) offers 3 rungs. Read them as a question — what does each rung ask of me, and what does it give back? — rather than as a set of prizes to climb towards.
- Classic StandardThe entry rung. Whatever the published spread applies to, it is almost always this one — so this is the rung your arithmetic above describes.
- Classic ProA higher rung usually trades a tighter spread for a commission, a larger deposit, or a status test. Convert both pricing models to money per lot before you decide either is cheaper.
- Cent ProA higher rung usually trades a tighter spread for a commission, a larger deposit, or a status test. Convert both pricing models to money per lot before you decide either is cheaper.
Account names as published: Classic Standard, Classic Pro, Cent Pro. Platforms listed: MT4, MT5.
Exercise three — what this licence list means for you
A long licence list is not automatically a good sign. What matters to a beginner is a narrower question: which entity would hold my money, and who supervises that entity? Those are often not the same as the impressive name at the top of the list. Here are Markets4you (formerly Forex4you)'s lines, each with a plain reading.
| Regulator | Entity on the register | Number | What that means for a beginner |
|---|---|---|---|
| FSC British Virgin Islands · British Virgin Islands | E-Global Trade & Finance Group, Inc. | SIBA/L/12/1027 | an offshore registration: a company exists and pays a fee, but expect little practical recourse from that entity |
| FSC Mauritius · Mauritius | Trade4you International | GB21026460 | an offshore registration: a company exists and pays a fee, but expect little practical recourse from that entity |
No top-tier line appears on this file. That does not make the firm illegitimate, but it does mean the compensation-scheme and capital-rule protections a beginner usually assumes are present are not evidenced here. 2 lines are offshore registrations; treat those as a company address rather than as supervision.
The record behind these numbers
- The Forex4you brand has been rebranded to Markets4you; the group's regulation page is now hosted at markets4you.com.
- The broker's own licence page states E-Global Trade & Finance Group, Inc. is authorised and regulated by the BVI FSC under the Securities and Investment Business Act 2010, licence SIBA/L/12/1027.
- The group's regulations page states Trade4you International is incorporated in Mauritius under registration number GBC 182286 and regulated by the FSC Mauritius under licence GB21026460.
- Neither entity holds a tier-1 or EU licence.
- Markets4you (formerly Forex4you) states the broker was launched in 2007 with its first account types, 'Cent Lite and Classic Lite', and that E-Global Trade & Finance Group, Inc. received its BVI FSC investment business licence in 2011-2012; the site footer reads '© Copyright 2007' (https://www.markets4you.com/en/about-us/).
- Markets4you's regulations page states client funds are segregated — "We store your funds in major global banks, separately from the company's funds" — and its site footer states E-Global Trade & Finance Group, Inc. guarantees an annual audit by a Big Four accounting firm and insurance via Willis Group Holdings PLC (https://www.markets4you.com/en/regulations-data-centers/).
- Markets4you's account comparison lists Classic Standard, Classic Pro and Cent Pro accounts, each with a $0 minimum deposit, floating spreads from 0.9, 0.1 and 0.1 pips respectively, and leverage from 1:10 to 1:4000; its trading conditions page tiers leverage by equity from 1:4000 (up to $1,000) down to 1:100 (above $250,000) and reserves the right to reduce leverage to 1:25 (https://www.markets4you.com/en/compare-accounts/).
- The broker's own news release of 8 April 2024 announced the rebrand: 'Award-winning Trading Platform Forex4you Unveils New Identity, Rebranded as Markets4you'; the site footer reads 'Markets4you and Share4you is a registered trademark of E-Global Trade & Finance Group, Inc.' (https://www.markets4you.com/en/company-news/news-release-award-winning-trading-platform-forex4you-unveils-new-identity-rebranded-as-markets4you/).
What we could not verify
The following are unconfirmed and are deliberately left blank rather than estimated: founded and hq — not stated on the pages read; minDeposit, maxLeverage, spreadEurusd — advertised figures only; segregatedFunds and negativeBalanceProtection; account type names not confirmed against a legal document; headquarters; negative balance protection; spreadEurusd — the compare page publishes only floating-spread floors (Classic Standard from 0.9 pip, Classic Pro and Cent Pro from 0.1 pip); no typical EURUSD spread is stated on the account or trading-conditions pages; negativeBalanceProtection — the regulations page carries a 'Negative balance protection' marketing bullet, but the BVI Client Agreement (v. 2026, 7 pages) contains no negative-balance clause, and the trading conditions page describes Stop Out only as a measure 'to decrease the risks of clients' negative balance', not as a guarantee — left null; maxLeverage regional variance — the South Africa regional page advertises leverage 'from 1:10 to 1:2000' while the global (BVI) compare page shows up to 1:4000; the string above reflects the global/BVI spec; accountTypes — the seeded array ['Cent','Classic','Pro STP','Demo'] predates the rebrand; the live compare page lists Classic Standard, Classic Pro and Cent Pro, and 'Demo' does not appear on it; founded — 2007 is the brand launch year per the broker's about page; the BVI company's incorporation date could not be independently verified (BVI corporate registry not freely searchable); access — markets4you.com and forex4you.com serve Cloudflare bot challenges to automated clients (curl and headless browser both get 403), so pages were verified via Wayback Machine snapshots of the live URLs; the live pages themselves respond normally to human browsers. Confidence in this file overall: medium. When you build your own notes on a firm, keep a list like this one — the gaps are more useful than the figures, because they tell you what to go and check.
Run the same exercise on another firm
pipdojo.com does not rank brokers, does not award badges and does not tell you where to open an account. This page exists so the arithmetic you learn in the curriculum has real numbers to bite on.