What Account Types and Fees Does 4T Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and casual traders |
Low minimum deposit, no commissions, user-friendly platforms |
Ideal for traders starting with small capital |
| Raw Account |
Experienced traders |
ECN spreads, low commissions, high leverage |
Requires minimum deposit of $10,000 |
| VIP Account |
High-volume traders |
Tailored commissions, dedicated account manager, preferred spreads |
Minimum deposit of $25,000 required |
| Institutional Account |
Corporate clients |
No commissions, tight spreads, high leverage |
Requires corporate documentation and substantial trading volumes |
| Islamic Account |
Traders requiring swap-free conditions |
Compliant with Sharia law, no overnight interest |
Available for all account types with a valid request |
| Demo Account |
All trader levels |
Practice trading, no financial risk, simulated environment |
Available for all users to test strategies |
Account Opening Process
To open an account with 4T, traders need to follow a straightforward process:
1. Personal Information Submission: Provide your name, email, and contact details.
2. Employment Details: Fill in your employment status and job title.
3. Financial Information: Disclose your financial background, including income and net worth.
4. Identity Verification: Upload necessary documents such as a government-issued ID and proof of address (e.g., utility bill or bank statement).
5. Account Flexibility: After opening, you can upgrade to a professional account if you meet the trading volume qualifications.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
1.0 |
$0 (ECN: $3.5/lot) |
Standard spreads for popular pairs |
| CFDs (Gold) |
0.3 |
$10 per lot |
Competitive pricing on commodities |
| CFDs (Oil) |
0.05 |
$10 per lot |
Volatility may affect spreads |
| Cryptos (BTC/USD) |
1.0% |
0.1% |
Variable depending on market conditions |
| Cryptos (ETH/USD) |
1.2% |
0.1% |
High volatility in crypto markets |
Other Fees
Traders should also consider additional costs associated with their accounts, including:
– Deposit/Withdrawal Fees: Vary based on the method used (credit/debit card, bank transfer, etc.).
– Inactivity Fees: Charged if the account remains inactive for an extended period.
– Platform Usage Fees: May apply depending on the trading platform utilized.
– Overnight Interest (Swap Rates): Applicable for positions held overnight, unless in an Islamic account.
– Currency Conversion Fees: May be incurred when trading in different currencies.
