T4Trade is a reputable brokerage firm that enables trading on 350+ different assets. It is relatively young among the forex brokers, but it is still performing admirably in the financial sector.
The worldwide market is the broker’s primary focus. The forex broker stated multiple times that they are putting out all of their efforts to provide their customers with world-class services.
Clients’ funds are keeping in separate bank accounts provided by the broker. The broker has given their traders maximum leverage of 1:100. The broker offers 0.03 pips as a minimum.
Traders can also get help from a specialized support team. To protect the client’s funds, the broker employs firewalls and SSL software.
Is it legit to Trade?
The Seychelles-based company Tradeco Limited with the registration number HE 324249, regulates the T4Trade.
This brokerage firm is linked with the Damadah Holding Limited with registration number HE 324249 and registered address at 365, Agiou Andreou, Efstathiou Court, 2nd Floor, Flat 201, 3035 Limassol, Cyprus.
The broker adheres to all securities commission rules and regulations without any T4Trade scam
T4Trade is the most reputable name in the forex industry. You can begin your trading career with the broker in a secure manner.
Which Accounts does the Broker Provide to Trade?
This broker offers different trading accounts for retail and professional traders: Standard, Premium, and Privilege trading accounts.
To open an account, you must fund your account with a minimum amount of $250. Investors must first determine what type of traders they are.
They can use Privilege accounts if they are skilled traders.
Standard/Premium accounts are the ideal alternative for beginners and moderate traders.
Novices can use the Demo Account option as well. With this, traders can enhance their trading skills.
It generates the same live trading account atmosphere on identical facilities and platforms.
Traders should test their trading techniques on a demo account before implementing them on a live account. For beginners, an account is an ideal alternative. The broker provides more than 350 trading assets.
The procedure for Account Opening
Traders must choose one of three types of accounts offered by the forex broker. The account opening process is divided into five stages:
Check out the official website.
Open the account opening tab.
Fill up your information, including your first and last names, email addresses, country code, phone number, and password.
Fill in the blanks for account type, instruments, and various other details.
Before proceeding to the last step, traders must make a $250 minimum deposit.
Traders must present identification verification documents by their broker’s requirements.
Traders can now begin trading using the features of their chosen account.
Tradable Instruments available on the Platform
The broker provides access to a massive trading market. The broker offers more than 350 tradable assets and around 10,000 marketplaces.
It is a multinational brokerage organization that provides users with a forex trading platform and mobile trading capabilities. A list of tradable products is here:
Are there Well Equipped Trading Platforms Available?
The MT4 is available in a WebTrader and a smartphone version from the forex broker. More than just forex, a multi-asset trading platform offers a variety of tradable assets. The three types of trading platforms are elaborate below:
For traders, MT4 is one of the most beneficial trading platforms. This is well-known for its built-in features, which include high execution speed, multiple trade execution modes, an analytical toolbox, and order history.
Investors can use any browser to access this platform. In addition, traders do not need to download any other software to use the WebTrader platform.
One-click trading and several chart windows for comparing assets are features of the WebTrader platform.
Commission and Fees Charges?
The broker provides commission-free trading services to its traders with a smidgeon of swap charges to be paid.
The spread depends on the type of financial instruments’ trading account. The spreads are from 0.03 and go up from there.
A currency conversion fee will be charged to change the currency into your account’s base currency.
How many Leverage offerings are there?
The maximum leverage offered by T4Trade is 1:500. This varies depending on the trading account and the trading instruments used.
Deposit and Withdrawal Methods?
The broker accepts a variety of deposit and withdrawal methods. There are no commissions on deposits or withdrawals. The following are the payment options:
The processing period for withdrawal orders varies depending on the payment method selected, but it might take 3-4 working days.
Educational and Research Services provided to Investors
The instructional and research material is extremely useful for both rookie and experienced traders in understanding the many dynamics and current events in the financial markets. The list of tools is here:
Investors Support Services
Customer service is an essential component of any organization. The workforce is well-educated and trained, and they respond quickly to queries. You can contact them via a variety of channel:
This review was an unbiased T4Trade evaluation that looked at a variety of points. This brokerage firm provides outstanding trading services and conditions.
It has 3 different account types that all offer commission-free trading. Spreads start at 0.03 pips, with swap charges discounted.
Advanced trading tools and functionalities are included in the platform. T4Trade is, above all, a highly regulated and authorized brokerage firm.