Score

1.46 /10
Danger

4Trade

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.60

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

4Trade · Company summary

General Information

4Trade, based in Marshall Islands and operated by Prima Solutions Limited, is an investment platform that provides direct access to trading the stock market and trading CFD contracts on the Trading Terminal. 4Trade gives its users access to over 700 tools and grants access to 4 US markets: NASDAQ, AMEX, NYSE, and BATS.

Market Instruments

4Trade offers investors a range of financial instruments including forex currency pairs, cryptocurrencies, commodities, shares, bonds, CFDs and futures.

Leverage

The maximum leverage is 1:100 for Beginning (minimum deposit of 200$), 1:50 for Daytrader (minimum deposit of 1,000$) and 1:10 for Investor (minimum deposit of 10,000$).

Commissions

4Trade charges a commission of 0.10$ per share for Beginning, 0.05$ per share for Daytrader and 0.025$ per share for Investor.

Technology

4Trade's IIA+ (Investment Ideas Algorithm) is an algorithm that combines 4 types of classical analytics of financial markets and processes database information of many trading terminals. The risk is thus reduced to the minimum possible. However, it must be noted that it is never 0, so investments are always made at your own risk. You can choose the level of risk, namely -5% or -10% of the invested funds.

Trading Platform

4Trade provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform which is used by millions of traders around the globe.

Customer Support

If clients have any questions or concerns, please call 4402039616498 or email support@4trade.cc for consultation.

User Reviews

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Comments

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Bhu
more than one year
I'm utterly disappointed. Lost a significant amount due to power outage. This app is utterly unreliable. If you value your money, steer clear of opening an account with 4Trade.
I'm utterly disappointed. Lost a significant amount due to power outage. This app is utterly unreliable. If you value your money, steer clear of opening an account with 4Trade.
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2024-02-28 00:24
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不二、海滔
more than one year
I have been cheated by this fraudulent company. They don’t want to return my money claiming that their bank has “operational issues”. It is not true, I have called the bank, which is working regularly. I was suspicious because 4Trade asked me to use it as a reference for the wire “Invoice payment” instead of a trading account. I asked explanation and they were very vague. Stay away and spread the word.
I have been cheated by this fraudulent company. They don’t want to return my money claiming that their bank has “operational issues”. It is not true, I have called the bank, which is working regularly. I was suspicious because 4Trade asked me to use it as a reference for the wire “Invoice payment” instead of a trading account. I asked explanation and they were very vague. Stay away and spread the word.
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2023-03-23 11:07
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