According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- 50 USD
- WebTrader
- MetaTrader4
- FSA (Seychelles)
- 2020
Our Evaluation of T4Trade
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
T4Trade is a reliable broker with the TU Overall Score of 7.11 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by T4Trade clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews showed that the broker’s clients are mostly satisfied with the company.
Brief Look at T4Trade
T4Trade is highly valued by beginner and skilled traders as a worldwide leader in online trading. T4Trade sees its mission in providing its clients with an unparalleled trading experience thanks to advanced solutions and top-quality service. With T4Trade, clients can find their way to their financial freedom in the global financial markets.
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Author, Financial Expert at Traders Union
T4Trade provides access to various account types, including Cent, Standard, Premium, and Privilege, with trading supported through MetaTrader 4 and WebTrader platforms. The company offers a diverse range of tradable instruments, encompassing Forex, metals, indices, commodities, and stocks. Trading conditions are advantageous with leverage up to 1:1000, competitive spreads starting from 0.0 pip, and a low minimum deposit of $50, suitable for both novice and experienced traders. The broker also facilitates smooth deposit and withdrawal processes supported by multiple payment methods without charging any fees.
Despite its advantages, T4Trade has some drawbacks, including the absence of an ECN/Raw Spread account type. The absence of support for PayPal and limited flexibility in deposit and withdrawal choices can be a disadvantage for some traders. The safety score of T4Trade indicates a lower security level since it is regulated by the Seychelles FSA, a Tier-3 regulator, and has received a warning from the FCA.
- You want that your broker does not charge any commission on trading orders and provides high leverage up to 1:1000.
- You prefer using the user-friendly and customizable MetaTrader 4 platform and you are interested in utilizing the copy trading feature.
- You engage in high-frequency trading: T4Trade has limitations on the number of trades per day, which might not be suitable for high-frequency trading strategies.
T4Trade Trading Conditions
Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
| 💻 Trading platform: | MetaTrader 4, WebTrader |
|---|---|
| 📊 Accounts: | Cent, Standard, Premium, Privilege |
| 💰 Account currency: | USD, EUR, GBP |
| 💵 Deposit / Withdrawal: | Credit/Debit Cards, Apple Pay, Digital Assets, Bank Transfer, Perfect Money, Local Agent |
| 🚀 Minimum deposit: | 50 USD |
| ⚖️ Leverage: | up to 1:1000 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 0.01 |
| 💱 EUR/USD spread: | 0,7-1,2 pips |
| 🔧 Instruments: | Forex, Metals, Indices, Commodities, Futures, Shares |
| 💹 Margin Call / Stop Out: | 100/ 20% |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | STP |
| ⭐ Trading features: | No |
| 🎁 Contests and bonuses: | 100% Supercharger Bonus, 40% Takeoff Bonus, 20% Welcome Bonus |
T4Trade is a transparent and trusted partner in the financial markets. The company offers the same trading conditions regardless of the customer's investment. T4Trade team puts maximum effort to offer clients the ultimate trading experience and provide them with all the necessary tools and the latest products. T4Trade is a customer-oriented company, and it is well known for its top-quality service, solid trading expertise, and professional customer support available in multiple languages. T4Trade offers highly competitive trading conditions, including flexible leverage up to 1:1000, more than 300 tools across 6 asset classes, CFDs trading available, spreads starting from 0.0 pip, fast orders execution, and fast and simple deposit and withdrawal of funds.
T4Trade Key Parameters Evaluation
Share your experience
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Auguste Despins 
FR Saint-Chamond They are lots of positive reviews on this broker especially on its copy trading feature and academy
It’s very beginner oriented platform even offers a cent acciunt and seems to not have much to offer an expert
Juan Aeby
CH Oftringen In adition to trading services and tools that I can use for trading, broker has a lot of analytical resources that I use for analytics.
I think spreads are sometimes wide. But if we consider that commission for each order is $ 0, then this is not a big problem.
Luke Shaw
GB Coventry Can open an account in eur, as I found out after reaching out to support Spreads are okay on the privillage account plus there's no commission Many assets besides forex
MetaTrader 4 is the only platform option
Jan Delagarza
ES Antequera Haven’t problems with withdrawals execution. Even the credit card method was faster than I expected.
No MT5. Only it’s older brother, which let’s be honest is outdated in some aspects.
Erik Freud
DE Reinbek 0 commissions for trades and affordable swap fees. To be more precise, friendly for swing traders like me.
MT4 platform with all my love toward you, this should be replaced by at least its newer 5 version. It won’t fit in the 21st century.
Francisco
ES Dos Hermanas Trading education, which was really helpful at the beginning. Mostly, articles on trading psychology and risk management. Along with platform tutorials.
Spreads. It wasn't scary when you actually trade, but fact is the fact, not the tightest I’ve seen.
Regulation and safety
T4Trade has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
T4Trade Regulators and Investor Protection
| Abbreviation | Full Name | Country of regulation | Investor Protection Fund | Regulation Level |
|---|---|---|---|---|
 FSA (Seychelles) |
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 |
T4Trade Security Factors
| Foundation date | 2020 |
| Negative balance protection | Yes |
| Verification (KYC) | Yes |
Commissions and fees
The trading and non-trading commissions of broker T4Trade have been analyzed and rated as Medium with a fees score of 6/10. Additionally, these commissions were compared with those of the top two competitors, Pepperstone and OANDA, to provide the most comprehensive information.
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Above-average Forex trading fees
- No ECN/Raw Spread account
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of T4Trade with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, T4Trade’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
T4Trade Standard spreads
| T4Trade | Pepperstone | OANDA | |
| EUR/USD min, pips | 0,7 | 0,5 | 0,1 |
| EUR/USD max, pips | 1,2 | 1,5 | 0,5 |
| GPB/USD min, pips | 0,8 | 0,4 | 0,1 |
| GPB/USD max, pips | 1,3 | 1,4 | 0,5 |
Does T4Trade support RAW/ECN accounts?
As we discovered, T4Trade does not offer RAW/ECN accounts, which might be a drawback for transparency and liquidity. However, this doesn't make the broker uncompetitive. Consider factors like spread levels, execution speed, regulation, support quality, and trading tools when choosing a reliable broker.
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with T4Trade. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
T4Trade Non-Trading Fees
| T4Trade | Pepperstone | OANDA | |
| Deposit fee, % | 0 | 0 | 0 |
| Withdrawal fee, % | 0 | 0 | 0 |
| Withdrawal fee, USD | 0 | 0 | 0-15 |
| Inactivity fee ($, per month) | 0 | 0 | 0 |
Account types
T4Trade offers a wide range of accounts with no commission per lot and leverage up to 1:1000. Accounts can be denominated in EUR, USD, or GBP. Trading is available with both floating and fixed spreads.
On the MetaTrader 4 platform, any trader can open a demo account funded with a virtual $100,000. This free option allows you to test T4Trade's spreads, quotes, and trading instruments in a risk-free environment.
T4Trade - How to open, deposit and verify a trading account | Firsthand experience of Traders Union
Deposit and withdrawal
T4Trade received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
T4Trade provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No withdrawal fee
- BTC available as a base account currency
- USDT (Tether) supported
- Bitcoin (BTC) accepted
- Wise not supported
- Limited deposit and withdrawal flexibility, leading to higher costs
- Only major base currencies available
What are T4Trade deposit and withdrawal options?
T4Trade provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Neteller, BTC, USDT.
T4Trade Deposit and Withdrawal Methods vs Competitors
| T4Trade | Plus500 | Pepperstone | |
| Bank Wire | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
| Wise | No | No | No |
| BTC | Yes | No | No |
What are T4Trade base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. T4Trade supports the following base account currencies:
What are T4Trade's minimum deposit and withdrawal amounts?
The minimum deposit on T4Trade is $50, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact T4Trade’s support team.
Markets and tradable assets
T4Trade offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 40 Forex pairs.
- Commodity futures are available
- Crypto trading
- 40 supported currency pairs
- No ETFs
- Bonds not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by T4Trade with its competitors, making it easier for you to find the perfect fit.
| T4Trade | Plus500 | Pepperstone | |
| Currency pairs | 40 | 60 | 90 |
| Total tradable assets | 300 | 2800 | 1200 |
| Stocks | Yes | Yes | Yes |
| Commodity futures | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| Stock indices | Yes | Yes | Yes |
| Options | No | Yes | No |
Investment options
We also explored the trading assets and products T4Trade offers for beginner traders and investors who prefer not to engage in active trading.
| T4Trade | Plus500 | Pepperstone | |
| Bonds | No | No | No |
| ETFs | No | Yes | Yes |
| Copy trading | Yes | No | Yes |
| PAMM investing | No | No | Yes |
| Managed accounts | No | No | No |
Trading platforms & tools
T4Trade received a score of 6/10, reflecting an average offering in terms of trading platforms and tools. The broker covers essential functionality but may fall short in some advanced features or platform diversity compared to leading competitors.
- One-click trading
- Trading bots (EAs) allowed
- MetaTrader is available
- Free VPS for uninterrupted trading
- No access to cTrader and its advanced tools.
- No access to API
- No access to a proprietary platform
Supported trading platforms
T4Trade supports the following trading platforms: MT4, WebTrader. This selection covers the basic needs of most retail traders. We also compared T4Trade’s platform availability with that of top competitors to assess its relative market position.
| T4Trade | Plus500 | Pepperstone | |
| MT4 | Yes | No | Yes |
| MT5 | No | No | Yes |
| cTrader | No | No | Yes |
| TradingView | No | Yes | Yes |
| Proprietary platform | No | Yes | Yes |
| NinjaTrader | No | No | No |
| WebTrader | Yes | Yes | Yes |
Key T4Trade’s trading platform features
We also evaluated whether T4Trade offers essential trading features that enhance user experience, accommodate various trading styles, and improve overall functionality.
Supported features
| 2FA | Yes |
| Alerts | No |
| Trading bots (EAs) | Yes |
| One-click trading | Yes |
| Scalping | No |
| Supported indicators | 38 |
| Tradable assets | 300 |
Additional trading tools
T4Trade offers several additional features designed to enhance the trading experience. These tools provide greater automation, deliver advanced market insights, and help improve trade execution.
T4Trade trading tools vs competitors
| T4Trade | Plus500 | Pepperstone | |
| Trading Central | No | No | No |
| API | No | No | Yes |
| Free VPS | Yes | No | Yes |
| Strategy (EA) builder | No | No | Yes |
| Autochartist | Yes | No | Yes |
Mobile apps
T4Trade supports mobile trading, offering dedicated apps for both iOS and Android. T4Trade received a score of 6/10 in this section, indicating a generally acceptable mobile trading experience.
- Indicators supported
- Mobile alerts not supported
We compared T4Trade with two top competitors by mobile downloads, app ratings, 2FA support, indicators, and trading alerts.
| T4Trade | Plus500 | Pepperstone | |
| Total downloads | 10,000 | 10,000,000 | 100,000 |
| App Store score | 3.5 | 4.7 | 4.0 |
| Google Play score | 3.5 | 4.4 | 4.0 |
| Mob. 2FA | No | Yes | Yes |
| Mob. Indicators | Yes | Yes | Yes |
| Mob. Alerts | No | Yes | Yes |
Contacts
| Foundation date | 2020 |
|---|---|
| Registration address | 1st Floor, Eden Plaza, Eden Island, Seychelles |
| Regulation |
FSA (Seychelles)
Licence number: SD029 |
| Official site | https://www.t4trade.com/en/ |
| Contacts |
Comparison of T4Trade with other Brokers
| T4Trade | Eightcap | XM Group | RoboForex | VT Markets | 4XC | |
| Trading platform |
MetaTrader4, WebTrader | MT4, MT5, TradingView | MT4, MT5, MobileTrading, XM App | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MetaTrader4, MetaTrader5, VT Markets App, Web Trader+ | MT5, MT4, WebTrader |
| Min deposit | $50 | $100 | $5 | $10 | $50 | $50 |
| Leverage |
From 1:1 to 1:1000 |
From 1:30 to 1:500 |
From 1:1 to 1:30 |
From 1:1 to 1:2000 |
From 1:1 to 1:500 |
From 1:1 to 1:500 |
| Trust management | No | No | No | No | Yes | Yes |
| Accrual of % on the balance | No | No | No | 10.00% | No | No |
| Spread | From 0 points | From 0 points | From 0.8 points | From 0 points | From 0 points | From 0 points |
| Level of margin call / stop out |
100% / 20% | 80% / 50% | 100% / 50% | 60% / 40% | No / 50% | 100% / 50% |
| Order Execution | STP | Market Execution | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution |
| No deposit bonus | No | No | No | No | No | $50 |
| Cent accounts | No | No | No | Yes | No | No |
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