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T4Trade Broker Review 2024

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T4Trade Broker Review 2024
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:T4Trade
Founded:Seychelles
Min Deposit:10
Max Leverage:1000
Headquarter:Seychelles
US Accepted:
About
T4Trade is a Seychelles-based brokerage company regulated by FSA. It offers up to 1:1000 leverage, no-commission trading, spreads from 1.1 pips, and swap free accounts. You can trade CFDs and Futures with MetaTrader 4 on T4Trade broker.
Contact
F20, 1st Floor, Eden Plaza, Eden Island, Seychelles
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Powerful MT4 platform with advanced trading tools
Multilingual support
Various bonus plans to boost your budget
Access to over 300 instruments
Cons
Geo-Restrictions
No ECN accounts
Offshore regulator (FSA)

T4Trade is rather a new brokerage company with less than a decade of experience in providing CFDs and Futures Trading. It offers customer support in 30 languages and is available in most of the countries worldwide.

Which trading platforms does T4Trade broker offer? Weā€™ll explore the trading solution, account types, commission, spreads, leverage options, available financial instruments, and many more in this T4Trade review.

T4Trade; Company Introduction

T4Trade
The broker is an offshore company and not regulated by any top-tier regulatory bodies

T4TRADE is a trade name of Tradeco Limited, a private limited company registered in Seychelles. The company was founded on Mar 28, 2018, and is regulated by the Seychelles Financial Services Authority (FSA) with the license number ā€œSD029ā€. Key features of T4Trade:

  • MT4 trading platform;
  • Leverage up to 1:1000;
  • 24/5 multilingual customer support;
  • Tight spreads from 1.1 pips;
  • Commission-free accounts.

T4Trade Broker Specifications

T4Trade isn't just another face in the crowd. This multi-asset broker brings a lot to the table, catering to traders of all stripes. Whether you're into forex, metals, futures, commodities, shares, or indices, T4Trade has got you covered.

Broker

T4Trade

Account Types

Standard Cent, Standard, Premium, Privilege

Regulating Authorities

FSA

Based Currencies

USD, EUR, GBP

Minimum Deposit

$10

Deposit Methods

Bank Wire Transfer, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrency

Withdrawal Methods

Bank Wire Transfer, Credit/Debit Cards, E-wallets (Skrill, Neteller), Cryptocurrency

Minimum Order

0.01 lot

Maximum Leverage

1:1000

Investment Options

TradeCopier

Trading Platforms & Apps

MT4

Markets

Forex, Commodities, Indices, Metals, Shares, Futures

Spread

Floating from 1.1 pips

Commission

$0.0

Orders Execution

Buy Limit, Buy Stop, Sell Limit, Sell Stop

Margin Call/Stop Out

Margin call 40%

Stop out 20%

Trading Features

Economic Calendar, Forex Calculator, Educational Materials

Affiliate Program

Yes

Bonus & Promotions

100% Supercharger, 40% Takeoff, 20% Welcome reward

Islamic Account

Yes

PAMM Account

No

Customer Support Ways

Email, Online chat, Ticket

Customer Support Hours

24/5

Account Types

One of the main topics in T4Trade reviews is the firmā€™s account offering. The broker understands that one size doesn't fit all. That's why it offers two main types, Live and Cent.

Features

Standard

Premium

Privilege

Cent Standard

Base Currency

USD, EUR, GBP

USD, EUR, GBP

USD, EUR, GBP

USC

Leverage

Up to 1:1000

Up to 1:1000

Up to 1:1000

Up to 1:1000

Margin Call

40%

40%

40%

40%

Stop Out

20%

20%

20%

20%

Min Lot Size

0.01

0.01

0.01

0.01

No matter which account you choose, you'll have access to over 300 tradable instruments across six asset classes. Plus, you'll be trading on the industry-leading MetaTrader 4 platform, known for its fast execution and robust features.

T4Trade Account Types
Muslims can use the swap free option for 30 calendar days for major Forex pairs and 10 calendar days for other instruments

Why T4Trade? (Pros & Cons)

Let's face it ā€“ choosing a broker is a big decision. So why should you consider T4Trade? Here's a balanced look at the Advantages and disadvantages of trading with the broker.

Pros

Cons

Powerful MT4 platform with advanced trading tools

Geo-Restrictions

Multilingual support

Reports of withdrawal issues

Various bonus plans to boost your budget

Offshore regulator (FSA)

Access to over 300 instruments

No ECN accounts

T4Trade Registration and Verification

To get access to six different asset classes and more than 300 financial instruments with no commission and floating spreads, you must complete the T4Trade registration process.

  1. Navigate to the brokerā€™s official website;
  2. Click on ā€œSign Upā€;
  3. Fill out the registration form.

Upon successfully opening an account, youā€™ll be able to complete the KYC process to access the full features available on the broker. Required document for T4Trade verification:

  • Proof of Identity: Passport or driverā€™s license;
  • Proof of Address: A recent utility bill or a bank statement.

Available Trading Platforms on T4Trade Broker

T4Trade broker keeps it simple yet effective when it comes to trading platforms. The company offers one of the most popular trading solutions in the market, MetaTrader 4. T4Trade MT4 download link:

T4Trade Fee Structure (Commission and Spread)

The fee structure is one of the main topics in T4Trade reviews. While the broker charges no commission, it provides a simple and straightforward list of Average spreads for various account types.

Standard

1.8 pips

Premium

1.6 pips

Privilege

1.1 pips

Cent Standard

1.8 pips

While T4Trade's spreads are competitive for some assets (like cryptocurrencies), they're higher than average for currency pairs. Always factor in these costs when planning your trades.

What Payment Methods Are Available on T4Trade?

T4Trade broker offers a variety of payment methods to answer different demands. From E-wallets to cryptocurrencies, you can choose whatever suits you.

  • Bank Wire Transfer;
  • Credit/Debit Cards;
  • E-wallets (Skrill, Neteller);
  • Cryptocurrency Wallets.

Note that withdrawals can be made only using the same method used to fund the account.

Copy Trading and Growth Plans

T4Trade TradeCopier Platform
Strategy providers can withdraw their performance fee daily, weekly, or monthly

T4Trade offers the TradeCopier platform for both professionals and amateur traders. If youā€™re confident in your trading skills, become a strategy provider and let others copy your trade and earn up to 40% performance fees.

Even if youā€™re a novice trader, the service works for you, too. Choose a suitable strategy from a wide range of choices and start making money alongside pro traders.

Available Markets on T4Trade Broker

More than 300 instruments from six different asset classes are at your disposal while trading on T4Trade, including:

  • Forex: Over 80 currency pairs (major, minor, exotic);
  • Metals: CFDs on gold, silver, palladium, and platinum;
  • Indices: Global spot indices like Aussie 200 and German DAX;
  • Commodities: Popular options like crude oil;
  • Futures: CFDs on futures contracts;
  • Shares: CFDs on shares of major companies (Apple, Amazon, Tesla, etc.).

Bonus and Promotion Offerings

Promotional plans are among the most interesting topics in T4Trade reviews. The broker performs excellently in this regard and offers several attractive bonuses, including:

  • 100% Supercharger: Double your deposit power;
  • 40% Takeoff: Get up to an extra $4,000;
  • 20% Welcome reward: New clients can receive up to $2,000 extra on their first deposit.

Additionally, the broker runs seasonal promotions, such as its recent Christmas Draw with Amazon gift card prizes.

T4Trade Customer Support

T4Trade prides itself on customer-centric service. The broker provides support 24/5 in over 30 languages through various channels, including:

Email

support@t4trade.com

Online Chat

Through the official website

Ticket

Available on the ā€œContact Usā€ page

While the broker offers comprehensive, responsive, and dedicated support through these channels, a lack of phone support can be a letdown for potential customers.

Geo-Restrictions on T4Trade Broker

T4Trade is a global company with a weak regulatory status. Registered as an offshore broker, it provides services to most of the countries around the globe. However, there are some limitations in place, including:

  • USA;
  • Iran;
  • Cuba;
  • Sudan;
  • Syria;
  • North Korea.
Restricted Countries on T4Trade
T4Trade doesnā€™t provide services to the residents of the European Union

T4Trade Trust Scores

The broker has received mixed reviews from traders. Some praise the competitive trading conditions, user-friendly platform, and quality customer support, while a few complain about withdrawal issues and fraudulent activities.

TrustPilot

3.7 out of 5 based on 550 reviews

Reviews.io

4.2 out of 5 based on 242 reviews

Does T4Trade Provide Educational Content?

Educational resources should be discussed in all the T4Trade reviews. Especially since the broker performs exceptionally in this regard by providing various forms of educational material, including:

  • Live TV broadcasts with market insights;
  • eBooks on forex, technical analysis, and more;
  • Multilingual webinars for all experience levels;
  • Podcasts on macroeconomic topics;
  • Video on Demand with daily trading tips.

Conclusion and Final Words

T4Trade offers trading services on over 300 financial instruments across six different asset classes, such as Forex, Indices, Shares, Metals, Energy, and Futures.

T4Trade broker uses MetaTrader 4, one of the best trading platforms, to provide these services. Share your thoughts about the T4Trade review in the comments.

FAQs

Can I use Expert Advisors (EAs) on T4Trade?

The brokerage company supports automated trading through Expert Advisors on MT4.

Is T4Trade regulated?

The broker is regulated by the Seychelles Financial Services Authority (FSA), a tier-3 regulatory body.

What's the minimum deposit on T4Trade?

The minimum deposit starts at $10, depending on the account type.

Can I use a demo account?

The broker offers demo accounts with $100,000 in virtual funds.

What trading platform does T4Trade use?

The broker offers the MetaTrader 4 (MT4) platform for desktop, web, and mobile.

Can I use Expert Advisors (EAs) on T4Trade?

The brokerage company supports automated trading through Expert Advisors on MT4.

What are the account types?

You can choose from 4 options: Standard, Premium, Privilege, Cent Standard.

Does T4Trade offer Islamic account?

Yes, you can use swap-free Islamic accounts.

Does T4Trade offer an affiliate program?

Yes, introduce new clients and you may receive CPAs up to $750 and bonuses up to $10,000.

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