The safety dossier

Safety first

T4Trade review

Who regulates T4Trade, under which licence, and what that means for your money.

Last checked

T4Trade offers some protection if it fails and not all of it, which is the ordinary offshore trade-off: you gain leverage and lose the safety net. Regulated by Seychelles Financial Services Authority (FSA), SD029, offering MetaTrader 4, T4Trade WebTrader, T4Trade mobile trading.

Our rating

★★★½

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

Regulation and safety

Regulated by
Seychelles Financial Services Authority (FSA), SD029
Regulator tier
Tier 3
Register entry
Seychelles FSA Capital Markets register, licence SD029
Client money segregated
Yes
Held at
International, well-reputed banks
Negative balance protection
Yes
Compensation scheme
No statutory investor compensation scheme
Audited by
Independent external auditors
Not available to
United States, Iran, Cuba, Sudan, Syria, North Korea and other jurisdictions where services are restricted

The licence is what decides where your money sits and who is obliged to do something about it.

T4Trade's licence is offshore (FSA). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

An FSA licence here is usually the Seychelles authorisation - an offshore entity, with lighter obligations than a tier-one regulator.

Check the licence yourself: the Seychelles FSA list of regulated entities.

The company behind the brand

Legal entity
Tradeco Limited
Company number
8422971-1
Headquarters
Eden Island, Seychelles
Founded
2022
Publicly listed
No
Parent company
Damadah Holding Limited
Employees
100+
Also trades as
T4Trade

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.4 pips, Privilege
GBP/USD spread
Approx. 0.6 pips, Privilege
Commission
$0 on standard account types
All-in cost, EUR/USD
Approx. 0.4 pips
Spread type
Fixed and variable, account-dependent
Overnight swap
Both: overnight swaps may be charged or credited; swap-free trading available
Inactivity fee
$50 after more than 60 days inactivity, with additional dormant-account charges possible over longer periods
Withdrawal fee
Generally none internally; bank/payment-provider charges may apply
Currency conversion
Conversion at applicable exchange rate

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

T4Trade lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Platforms and tools

Platforms
MetaTrader 4, T4Trade WebTrader, T4Trade mobile trading
Own platform
No
Mobile app
Third-party/mobile web
Browser trading
Yes
Automated trading
Yes, MT4 Expert Advisors
Copy trading
Yes, TradeCopier
Indicators
30+ built-in MT4 indicators plus custom indicators
Third-party tools
MetaTrader 4, VPS
API access
Yes, institutional/partner connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

Markets and execution

Markets
Forex, Metals, Indices, Futures, Commodities, Shares
Currency pairs
80+
Total instruments
300+
Crypto CFDs
No
Maximum leverage
1:1000
Execution model
Hybrid market maker / STP
Execution speed
Under 100ms
Order types
Market, limit, stop, stop-loss, take-profit, trailing stop
Servers
Global financial data-centre infrastructure

Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

T4Trade covers forex, metals, indices, futures, commodities, shares. A wider range matters less than depth in the instruments you actually trade.

Funding options: credit/debit cards, bank transfer, e-wallets and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Accounts

Minimum deposit
$50
Account types
Standard, Premium, Privilege, Cent, Demo
Account currencies
USD, EUR, GBP
Islamic account
Yes
Demo account
Yes
Professional account
Yes, Privilege/high-volume configuration
Minimum trade size
0.01 lots
Time to open
Typically a few minutes

Deposits and withdrawals

Deposit methods
Credit/debit cards, bank transfer, e-wallets and regional payment methods
Withdrawal methods
Bank transfer, cards, e-wallets and supported original funding methods
Deposit time
Instant for most electronic methods; bank transfers typically 2-5 business days
Withdrawal time
Typically processed within 24 hours; settlement varies by payment method
Minimum withdrawal
$10
Local payment methods
Country-specific online banking and regional payment providers

Support and education

Support hours
24/5
Contact channels
Live chat, email, support centre
Languages
Multilingual
Telephone
+44 20 4525 3994
Email
support@t4trade.com
Live chat response
Typically under 2 minutes
Education
Extensive: webinars, podcasts, trading videos, ebooks, educational articles and platform tutorials
Research
Market news, expert research, live forex charts, technical/fundamental analysis and trading insights

Questions people ask about T4Trade

What happens to my money if T4Trade goes bust?

T4Trade sits behind No statutory investor compensation scheme. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Which bank actually holds client money at T4Trade?

T4Trade holds client money with International, well-reputed banks, in accounts kept separate from the firm's own. Almost no comparison site publishes this, and it is the thing that decides how quickly you would see your money again if the broker failed.

Can I lose more than I deposit with T4Trade?

T4Trade provides negative balance protection, so a gap through your stop should not leave you owing money. It is usually a rule of the regulator rather than a favour from the broker, which means it can differ between the entities one brand operates.