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4T offers a variety of trading accounts tailored to meet the needs of different traders, from beginners to institutional clients. Below is a detailed overview of the available account types:
| Account Type | Minimum Deposit | Commission | Spread Type | Leverage | Target User Profile |
|---|---|---|---|---|---|
| Standard | $500+ | 0% | Fixed | Up to 1:500 | Beginners and casual traders |
| Raw | $10,000+ | Low | ECN | Up to 1:500 | Intermediate to advanced traders |
| VIP | $25,000+ | Tailored | ECN | Up to 1:300 | Professional traders |
| Institutional | Not specified | None | Tight | Up to 1:300 | Institutional traders |
When choosing an account type with 4T, its essential to consider various features that can impact your trading experience. Below is a comparison of features across different account types:
Minimum Deposit:
Standard: $500+
Raw: $10,000+
VIP: $25,000+
Institutional: Not specified
Maximum Leverage:
Standard: Up to 1:500
Raw: Up to 1:500
VIP: Up to 1:300
Institutional: Up to 1:300
Spreads:
Standard: Fixed spreads
Raw: ECN spreads
VIP: ECN spreads
Institutional: Tight spreads
Commission Fees:
Standard: 0%
Raw: Low commission
VIP: Tailored commission
Institutional: No commissions
Lot Size:
Standard: Standard lots
Raw: Micro, mini, and standard lots
VIP: Standard lots
Institutional: Customizable
Available Trading Platforms:
All account types: MT4, MT5
Execution Type:
Standard: Market execution
Raw: ECN execution
VIP: ECN execution
Institutional: Market execution
Islamic Account Availability:
Available on request for all account types.
Swap-Free Options:
Available for Islamic accounts.
Demo Account Features:
All account types can open a demo account for practice.
Standard Account:
No commission fees
Low minimum deposit
User-friendly for beginners
Raw Account:
Tight spreads
Suitable for high-frequency trading
Low commissions
VIP Account:
Personalized service
Tailored trading conditions
Access to advanced trading tools
Institutional Account:
No commissions
Customizable trading solutions
Low-latency execution
Standard Account:
Higher spreads compared to ECN accounts
Limited advanced features
Raw Account:
High minimum deposit
Commission fees may apply
VIP Account:
Very high minimum deposit
Tailored conditions may not suit all traders
Institutional Account:
Not suitable for individual traders
Requires significant capital
To open an account with 4T, you must meet specific eligibility criteria and provide necessary documentation:
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Some countries may be restricted; check with 4T for specifics.
Prohibited Countries: Specific countries may be prohibited from opening accounts due to regulatory reasons.
Identity Verification Documents Needed:
A clear copy of a Proof of Identity (National ID or Passport).
Proof of residence (utility bill or bank statement).
Additional Documentation for Professional Accounts:
Financial statements or proof of trading experience may be required.
KYC/AML Compliance Procedures:
4T adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and source of funds.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.
Opening an account with 4T is a straightforward process. Follow these steps to get started:
Issue: Document upload failure.
Solution: Ensure documents are clear and meet the required format.
Issue: Verification delays.
Solution: Contact customer support for assistance.
4T offers a demo account for traders to practice their skills without risking real money. Here are the details:
Demo Account Features and Benefits:
Access to the same trading platforms (MT4, MT5) as live accounts.
Practice trading strategies in a risk-free environment.
Virtual funds to simulate real trading conditions.
How to Open a Demo Account:
Visit the 4T website and select the demo account option.
Fill in the required information and create your demo account.
Demo Account Limitations:
Limited to a specific duration (typically 30 days).
Virtual balance may be capped.
Virtual Balance Amount:
The demo account usually comes with a virtual balance of $100,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts require real capital.
Live accounts incur real market conditions and emotional factors.
Duration/Expiry of Demo Accounts:
Demo accounts typically expire after 30 days unless extended by the broker.
4T offers Islamic accounts, which are compliant with Sharia law.
Swap-Free/Islamic Account Availability:
Available upon request for all account types.
Eligibility Requirements:
Must provide a declaration of the need for an Islamic account.
Differences from Standard Accounts:
Islamic accounts do not incur swap fees for overnight positions.
How to Apply for Islamic Account:
Indicate the request for an Islamic account during the registration process or contact customer support.
Restrictions or Special Conditions:
Islamic accounts may have specific trading conditions; consult with 4T for details.
Explore broker markets account types: forex/trading accounts with demo access.