4T Forex broker review —What you need to know

4T Global (Cyprus) LTD owns several companies like 4T Limited, 4T Global Markets Financial Services L.L.C, and 4T Technology GmbH. These companies except for 4T Technology are all brokers overseen in different jurisdictions.

The broker has been around since 2019 although its website was registered in 1998. It offers Forex and CFDs trading on advanced MT4 and MT5 platforms. Let’s overview all the critical features of the broker to ensure it is a reliable platform.

4T Safety

4T is a regulated broker that offers CFDs trading mainly in FX. The broker consists of several companies that are regulated by the:

• 4T Limited – the Seychelles Financial Services Authority (FSA)
• 4T Global Markets Financial Services L.L.C – the UAE Securities and Commodities Authority (SCA)

The 4T Technology GmbH is registered in Switzerland but not regulated by any authority. So, the broker holds licenses from two different regulators, which makes it relatively safe. Since it was launched in 2019, it is also fairly experienced in the brokerage industry, which is also favorable.

All client funds are kept in segregated bank accounts, which is an important security policy, preventing the broker from touching client funds.

However, there is no negative balance protection offered, which means traders can go into minuses if they abuse the 1:100 leverage and trade with excessive lot sizes when markets get volatile.

4T Overview of the website

The website of 4T is slightly messy as traders will have to search account types in the bottom menu. Otherwise, it is responsive and provides all important information about the broker’s services and features.

All crucial information is presented on the website about the broker and trailers can easily navigate across the interface.

Overall, the website is fast and provides all the needed information but traders need to search for some information like trading accounts in the bottom menu.

4T Accounts Reviewed

4T offers two account types, standard and pro. The pro has a very high minimum deposit requirement and monthly trading volume. The standard is for general-purpose trading and offers spreads but no commissions, while the pro requires commissions based on trading volume and offers zero spreads. Let’s quickly overview the specs of both account types below.

4T Standard Account

The standard account has the following specs:

• Minimum deposit – 100 USD
• Commissions – 0 USD
• Spreads from – 1.2 pips
• Maximum leverage – Dynamic
• Minimum monthly volume – 0
• Account base currency – USD, EUR, GBP
• Scalping and EAs – Allowed
• Minimum lot size – 0.01 lots
• Swap-free accounts – No

This account is for FX trading for the general audience but has slightly expensive spreads from 1.2 pips.

4T Pro Account

The pro accounts have the following specs:

• Minimum deposit – 50,000 USD
• Commissions – 3.5 USD per lot per side
• Spreads from – 0.0 pips
• Maximum leverage – 1:100
• Minimum monthly volume – 2,520,000,000 USD (2 520 lots?!)
• Account base currency – USD, EUR, GBP
• Scalping and EAs – Allowed
• Minimum lot size – 0.01 lots
• Swap-free accounts – No

This account has a very high minimum deposit requirement but the required monthly volume is even higher. If it’s true, then traders have to achieve a 2.5 bn dollar monthly turnover, which is not possible unless the institution opens an account and trades with millions of dollars.

Deposit and withdrawal options at 4T

The broker allows commission-free deposits and withdrawals. There are two payment options supported by the broker including

The withdrawals are claimed to be fast on the same day and both deposits and withdrawals are processed within 1-2 business days for wire transfers. There is a deposit commission of 1.5% only on bank card payments, but it is zero for withdrawals.

4T Assets — What can you trade?

The broker offers a limited range of trading asset classes, such as Forex pairs, commodities, and indices all in the form of CFDs. There are both major and minor pairs available. However, traders can not access cryptos or stocks, which is a serious drawback for multi-asset traders.

Trading platforms of 4T

The broker offers access to advanced trading platforms, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). These platforms are super capable and the broker allows both Expert Advisors (EAs) and custom indicators. There is also a 4T mobile app platform. The Mobile MT5 app is also accessible making it easy to seamlessly switch between desktop and mobile devices.

Education at 4T

When it comes to education, the broker offers limited content. There are some tutorials for platforms and FX trading but the broker does not offer extended resources for absolute beginners. However, there are copy trading and other services provided, which is flexible.

4T Customer Support

From custom support, 4T broker provides live chat, email, and phone support channels. This is very positive for the broker’s reputation and these support options are crucial for traders to manage their positions through phone calls in case of emergency. The broker is not multilingual but offers support for three different languages.

4T bonuses and promotions

There is one promotion available, which is a 20% deposit bonus. However, traders must deposit at least 500 USD. The maximum amount that traders can receive through this bonus is 5,000 USD. There are no other bonuses available, which is a downside.

Is 4T your broker? Final verdict

In the end, 4T Forex is a moderately regulated broker with Seychelles and Dubai licenses. The broker offers mainly CFDs for trading in FX, commodities, and indices via advanced MT4 and 5 training platforms and apps. It presents solid safety measures but does not offer negative balance protection. There are two account types. 0 pips trading requires at least a 50,000 USD deposit which is a downside.

Overall, 4T is a viable option for traders focused on FX trading and seeking fast execution and advanced platforms.

FAQs on 4T broker

Where is 4T based?

The broker is registered in UAE, Switzerland, and Seychelles. It is regulated in Seychelles and Dubai.

Can you withdraw from 4T?

The broker claims super fast withdrawals, but we could not confirm it offers quick withdrawals, so exercise caution.