T4Trade broker review: What we found about T4Trade.com scam
- What You Should Know About T4Trade Broker
- Is T4Trade a Regulated Forex Provider
- Is T4Trade Scam Victims Actually Living?
- How do scammers contact victims?
- T4Trade Support - Luring You Into a Scam
- T4Trade Trading reviews: Avoid this FX Provider
- T4Trade MetaTrader 4 Platform review
- What about the T4Trade Mobile Trading app?
- WebTrader Platform
- Trading Instruments: Available Markets
- T4Trade Spreads and Fees
- A review of Trading Accounts: What Are They?
- T4Trade allows me to trade for free
- Was T4Trade Broker a Scam? - Get Chargeback
- T4Trade: Video
Broker status | Offshore Scam Broker |
Regulated by | FSA Seychelles |
Scammers Websites | t4trade.com |
Blacklisted as a Scam by | No Info |
Owned by | Tradeco Limited |
Headquarters Country | Seychelles |
Foundation year | 2022 |
Supported Platforms | WebTrader, MT4 |
Minimum Deposit | No Info |
Cryptocurrencies | FX, commodities, indices, shares, futures |
Types of Assets | Not Available |
Maximum Leverage | |
Free Demo Account | Yes |
What You Should Know About T4Trade Broker
T4Trade broker certainly has a colorful and interesting website. It contains information about bonuses, unregulated levered and all other things that Tier1 regulators ban. This being the case, our main purpose for reviewing T4Trade was to make sure you aren’t scammed by an offshore company. Please take the time to read.
Is T4Trade a Regulated Forex Provider
Tradeco Limited has registered T4Trade as a brand. T4Trade regulation is therefore derived from the Tier3 area, the Financial Securities Authority of Seychelles. This may be small comfort, but it is important to understand the major differences between Tiers.
Tier1 regulators like ASIC, FCA, and BaFin, for example, ensure that companies adhere to strict rules and limit risks. They also provide compensation funds. The FSA of Seychelles, on the other hand, requires brokers to complete a basic form that includes company information, details about the person responsible, banks, and legal advice. Brokers must pay an annual registration fee of $2,000 and are free to offer financial services. It’s not the best way to protect clients from being scammed and the FSA cannot reimburse anyone who files a complaint.
Remember that a Tier3 license is worthless without Tier1 regulation. Don’t believe the broker.
Is T4Trade Scam Victims Actually Living?
Our review shows that the T4Trade scam trading in:
- Spain
- France
- Italy
- UK
- Germany
- Switzerland
- Belgium
- Norway
You will notice a notification that the broker only operates in the EU and EEA zones when you access the broker’s website via a non-EU IP. However, there is no regulation regarding such services.
How do scammers contact victims?
There are many ways scammers can contact victims. T4Trade Forex broker calls potential and existing customers multiple times to convince them to accept the offer.
You can be contacted via email if you refuse to answer calls or block broker numbers. You will be lured into a trap by the firm’s offers and promotions.
You may be approached by scammers via social media and dating apps if you have not registered to invest. Scammers will often contact victims via Instagram or Facebook messages. They tell a story about how they made millions and convince them to take up the fantastic financial opportunity.
You may also be approached by potential partners on Tinder, Bumble, or Grindr. Fraudsters have found a way to combine romance and financial schemes. They target both men and women. It is possible to be in contact with a potential lover for many months before they propose a joint investment.
Trust people you have never met and don’t trust them. Stick to the old rule: If it sounds too good, it probably is.
T4Trade Support – Luring You Into a Scam
T4Trade is a broker with a solid support staff that tries to reach its victims in every way possible. They will contact you by phone or email, urging you to invest immediately.
After you have made the initial deposit, an account manager will be assigned to you. They will help you with any questions you may have and provide information about the platform. An account manager might ask you to download AnyDesk or TeamViewer, remote desktop software. They will have online access to your bank and can access your funds to transfer them quickly to the company.
Take care and never allow anyone to access your personal information or device.
Beware of scammers like Lyndon Finance Limited and BTC Brokerz. Please tell us about any scams you have experienced.
T4Trade Trading reviews: Avoid this FX Provider
Trustpilot will show you that T4Trade reviews have been very solid. With a rating of 3.5 stars, the broker is average. Note that investment firms are often hesitant to give clients honest reviews. Clients’ opinions usually come later after the firm has defrauded enough people. This is exactly what happened to the T4Trade broker.
T4Trade MetaTrader 4 Platform review
T4Trade’s trading platform is the only positive aspect of this review. T4Trade offers MT4, the industry’s best software, with the most charts and indicators. Here’s the problem.
Brokers licensed in the UK and EU have leverage limits of 1:30 or 1:50 to trade Forex markets. This reduces risks. T4Trade offers leverage up to 1:1000, which can expose your funds and cause you to lose all of what you have invested within minutes.
What about the T4Trade Mobile Trading app?
T4Trade login can be done via an iOS and Android app. Unregulated trading conditions are still a problem.
WebTrader Platform
This broker allows you to access a proprietary WebTrader if you don’t like MetaTrader or prefer a web-based platform.
Trading Instruments: Available Markets
T4Trade traders have access to five markets:
- Forex – EUR/USD and USD/JPY
- Commodities: gold, oil, and silver
- Indices – NASDAQ, FTSE100
- Shares – Amazon. Apple. Google
- Futures – Oil, S&P500, and EUR/USD
Chargeback Is Your Solution!
A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.
By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.
However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
Request a free consultation today by clicking the button below!
T4Trade Spreads and Fees
Spreads start at 2.1 pip for Standard accounts and go up to 1.2 for Privilege accounts. The company claims that they don’t charge any fees for accounts. This begs the question of how they make their money. A trading company that doesn’t charge small commissions means they don’t have a legitimate profit goal. They want to make your entire deposit.
A review of Trading Accounts: What Are They?
There are four types of T4Trade accounts:
- Standard
- Premium
- Privilege
- Cent
The Cent account uses crypto and USC as its base currency. This is why the spread and base currencies are different. T4Trade’s minimum deposit was not disclosed so you will need to ask the broker.
T4Trade allows me to trade for free
T4Trade enabled Demo Account, but that’s just another lure. You may feel relaxed and confident about investing if everything is going well. The real challenge comes when you need to withdraw real money from your account.
Was T4Trade Broker a Scam? – Get Chargeback
Let us know if you have been the victim of a T4Trade scam. Now is the time to initiate the feedback process and get what you rightfully deserve.
Assistance Refund has many years of experience in dealing with scheme companies and can help you in this matter. Stop allowing scammers to steal your life savings. Let’s get together and stop them. Get on board!
T4Trade: Video
Below you will find a short video about T4Trade. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about T4Trade!
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FAQ
- What is the minimum deposit required for T4Trade?
T4Trade has never stated its minimum deposit requirements.
- Can I trade CFDs and Cryptos with T4Trade Broker?
CFDs can be traded on commodities, shares, futures, and indices. However, you cannot trade crypto.
- What is the average time it takes for T4Trade withdrawals to be processed?
The broker did not mention withdrawals nor the time it would take to receive the funds.
- Does T4Trade Offer a Demo Account?
T4Trade does offer a Demo account. However, the problem lies in the initial deposit.
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