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T4Trade fees and how they score
Cost is scored on what a trade actually costs all in, not on the headline spread. These are the figures behind T4Trade's cost score.
Facts last checked . Read the full T4Trade review.
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
What this means
Cost is scored on what a trade actually costs all in, not on the headline spread.
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.
Questions about T4Trade fees
What is the EUR/USD spread at T4Trade?
T4Trade records an average EUR/USD spread of approx. 0.4 pips, Privilege on a fixed and variable, account-dependent pricing model.
Does T4Trade charge commission?
T4Trade's commission is $0 on standard account types. A commission account usually pairs with a tighter spread, so the two have to be read together.
What does T4Trade charge to hold a position overnight?
Overnight financing at T4Trade is recorded as both: overnight swaps may be charged or credited; swap-free trading available.
Fees at brokers under the same regulator
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