The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with. T4Trade has invested time and energy in developing research materials, which I found quite diverse and unconventional. Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments. TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site.
- On the other hand, T4Trade does not offer any alternative trading platforms and does not incorporate any third-party tools.
- The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10.
- Performance of their mobile application is especially notable for me.
- Our educational materials are an important aspect of our commitment to providing our clients with the resources they need to succeed.
Company Representative
My tests indicate that T4Trade’s swap charges meet the industry average. They are thus suitable for the execution of longer-term trading strategies, such as day and position trading. Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. Privilege accounts offer all the features of Standard and Premium accounts, with the only difference being the spread. The choice of base currencies is also the same and includes EUR, GBP, and USD.
Is T4Trade a market maker?
Other key reasons why traders choose to trade CFDs on indices is that they can go long or short and benefit from flexible trading hours. I quite enjoyed T4Trade’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles that are available from T4Trade’s blog section of the website.
Why is Choosing the Right Account Type Important?
It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection. However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place. Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid.
Nice features and tools
There are several futures asset classes for traders to pick from, including currencies, indices, and commodities (oil and agriculture contracts). Clients of the brokerage firm can speculate on soft and hard commodities like cocoa, coffee, oil, natural gas, and sugar. There is also the option to get exposure to global stock indices and currency futures. Users of the brokerage firm who are new to trading precious metals can improve their skills and practice their strategies while using a risk-free demo account.
Supported Languages
Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. I tested T4Trade’s transparency by checking the availability of essential information on the website. All essential safety information is present and written in an easy-to-understand way.
You can choose between Standard, Privilege, Premium, and Cent accounts that all give traders access to CFDS on futures, shares, metals, indices, Forex, and commodities. While considering which account best suits their requirements, traders should think about their initial scammed by limefx investment, their risk tolerance, as well as the time they have to trade. T4Trade’s MetaTrader 4 is created to take your trading experience to the next level as traders will benefit from premium conditions, mobile trading, flexible leverage, and several account types.
Traders can go for spot equity indices like NETH25Cash, UK100Cash, UK250Cash, JPY225Cash, and SWE30Cash. Spot energy commodities like WTICash, NAT.GASCash, and BRENTCash are also among the indices traders can deal with. T4trade broker as well as other credible brokers are very serious about the protection of https://limefx.biz/ personal info. We’re glad you enjoyed our platform, and we hope you’ll return for all of your trading needs.T4TradeEmpowering traders. Hi Jameel,We really appreciate you sharing your T4Trade experience with us! This broker has some really cool features and one of which I like is their copy trading feature.
Our educational materials are an important aspect of our commitment to providing our clients with the resources they need to succeed. We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful.🤩 🥳 We hope you keep learning with T4Trade! We’re glad to hear you’ve had a good experience using our platform.
The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account. In addition to this, clients of the brokerage firm can trade directly in the browser of their computers and smartphones without any software installation while using WebTrader. These are the asset classes that T4Trade has to offer to its clients. So basically all the conventional trading instruments are included. The only asset class that is missing is cryptocurrencies, but in my opinion, trading crypto on crypto-exchange platforms is better than trading them on a regular broker.
Whatever traders’ experience is, they can start exploring trading opportunities while they are out and about after they scan the QR codes that are available on the brokerage firm’s website. Traders can also download the apps from the App Store or Google Play for free. Traders who are looking to bring greater diversity to their portfolios and want to hedge risk are given a choice from a number of commodity options. Due to their low or negative correlations, CFDs on commodities provide lots of attention-grabbing trading opportunities.