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? Weāll explore the trading solution, account types, commission, spreads, leverage options, available financial instruments, and many more in this T4Trade review.
T4Trade; Company Introduction
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 āSD029ā. 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 firmās 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.
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.
- Navigate to the brokerās official website;
- Click on āSign Upā;
- Fill out the registration form.
Upon successfully opening an account, youāll 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 driverās 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 offers the TradeCopier platform for both professionals and amateur traders. If youāre confident in your trading skills, become a strategy provider and let others copy your trade and earn up to 40% performance fees.
Even if youāre 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:
support@t4trade.com | |
Online Chat | Through the official website |
Ticket | Available on the āContact 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.
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.
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.