T4Trade is a global leader in online trading, offering access to a range of trading instruments including Forex, Metals, Futures, Commodities, Shares and Indices. The broker provides a reliable trading experience with competitive spreads and an extensive range of trading tools. T4Trade offers flexible leverage, dedicated 24/5 support, fast execution and spreads starting from as low as 1.1 pips.
Regulation and Security
T4Trade is regulated and authorised by the Seychelles Financial Services Authority (FSA) which ensures that T4Trade complies with all applicable laws and regulations. The broker also implements the latest encryption technology to protect clients' personal and financial information.
Client funds are kept in segregated accounts in top-tier banks and personal information is guarded under SSL encryption.
Negative Balance Protection
T4Trade provides negative balance protection policy which prevents traders from losing more money than they have invested. This is one of the benefits provided by the broker and ensures that traders’ funds are secure from unpredictable market movements.
Products and Services
The broker offers 300+ financial instruments across 6 asset classes, including Forex, Metals, Futures, Commodities, Shares and Indices through CFDs.
T4Trade offers clients the powerful MetaTrader 4 (MT4) trading platform, one of the most popular platforms among traders. The user-friendly interface of MT4 makes it easy for traders to manage their trades and monitor the markets. The MT4 platform is available as a web, desktop, and mobile app.
The platform also offers various features, such as real-time pricing, one-click trading, and customisable charting tools.
T4Trade offers four trading accounts — Standard, Premium, Privilege and Cent.
- Standard. The Standard account is suitable for beginner traders. It has a minimum deposit of $50, flexible leverage up to 1:1000, and average spread of 1.8 pips. Base currencies are USD, EUR, or GBP and minimum lot size is 0.01.
- Premium. The Premium Account is designed for experienced traders who want to take their trading to the next level. This account offers an average spread of 1.6 pips, flexible leverage up to 1:1000 and base currencies are USD, EUR, or GBP. The minimum lot size is 0.01, the same as the Standard account.
- Privilege. The Privilege account offers all the features of Standard and Premium accounts. The main difference is the average spread. The Privilege account offers a spread of 1.1 pips, which is lower than the Standard and Premium accounts.
T4Trade offers a wide range of payment methods for deposits and withdrawals. Clients can use credit/debit cards, bank wire transfers and digital assets to make deposits and withdrawals. The broker does not charge any extra fees for deposits, but clients might need to pay third-party charges depending on their payment method. Deposits are free and instant. Withdrawal times vary depending on the payment provider but range from the same day up to 10 business days.
Both deposit and withdrawal processes are protected with the latest SSL encryption and other security technologies.
T4Trade is competitive in terms of fees, offering low spreads starting from 1.1 pips. In addition, clients do not have to pay any commission, as the broker charges only spread. This makes trading with T4Trade cost-effective. In addition, T4Trade charges swap fees if the positions remain open overnight. Overall, T4Trade has competitive fees, making it an attractive option for traders.
- Spreads. T4Trade offers low spreads starting from 1.1 pips, making it one of the most competitive brokers in the market. T4Trade offers both fixed and floating spreads. However, spreads may vary depending on the type of trading account and the market conditions. Traders who need more stability during trading can choose the fixed spread account. This is because fixed spreads help traders reduce trading costs significantly.
- Swap fees. T4Trade charges swap fees for long and short positions that remain open overnight. However, the broker has a swap-free account option for Islamic traders who want to trade without violating their religious beliefs. T4Trade's swap fees are very competitive in comparison to other brokers in the market. This makes the broker an ideal choice for traders who want to reduce trading costs.
T4Trade also provides a wide range of educational resources for all trader types, from beginners to advanced. They offer webinars, podcasts, and various video-on-demand services to help traders gain more knowledge about the financial markets and improve their trading strategies.
T4Trade’s multilingual customer support team is available 24/5. They provide traders with assistance regarding trading accounts, deposits, withdrawals, and more. Traders can contact the customer support team via email at email@example.com, and they will reply within 24 hours.
Himanshu Mitra 8 Jun 2023 Reply