Traders4Traders.com
Broker name:
Traders4Traders.com
Company name:
No info
Branches:
No info
Address:
No info
Website:
https://traders4traders.com
Founded:
2009
Regulators:
No info
Prohibited
countries:
countries:
No info
Contacts:
support@traders4traders.com, +1 607 364 8600
Trust Score
This broker is trusted
100%
Customers global satisfaction
Excellent
11 %
Geat
0 %
Average
3 %
Poor
5 %
Bad
82 %
Currently, the best broker by Trust Score and Customer global satisfaction is Finteria.com
Check Finteria.com
Basic profile
No info
Risks assessment
The owner of the broker has hidden his identity. Spammers use this information to promote services to broker owners. For this reason, some broker owners choose to hide their contact information. However, it can also be abused by scammers. If the identity of the broker owner is displayed, our algorithm will give a high evaluation.
we found that the broker's domain name has been registered a few years ago. The scammer’s broker is usuall...
Products and services
Trading platforms
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Web trading
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Mobile trading
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Autotrading
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ECN
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Scalping
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Managed accounts
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Trading conditions
Min. trade size
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Max. leverage
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Min. investment
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Traded Forex
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Traded cryptocurrencies
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Traded stock
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How to deposit
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How to withdraw
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Domain info
Domain age
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WHOIS registration date
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WHOIS renew date
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SSL certificate
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If you go to their website you will find the quote "Much of the confusion and frustration you are probably feeling about trading is also because you are making it more difficult than it needs to be. But again, that isn’t your fault, you’ve been sucked in by Forex trading ‘Salesmen’, as I call them, and they create confusing trading systems which sound impressive but really all they do is hinder your progress. " Funny thing is that Brad himself is a salesmen himself regardless of whether he used to be a institutional banker or not. If you claim to be a trader and at the same time selling something, you must need the money after all. Let's begin with their recommended broker: FXAsia is a white label of gallant capital markets. I spoke to a representative of gallant to confirm this. If you go to the FXAsia website you will notice that the phone number for the broker is the same as T4T. Which means it is likely that T4T is white labelling a broker to make money off trading volume from wannabe traders lured into their education. Now the actual course that covers both fundamental analysis and technical analysis: The fundamental component goes pretty in depth but its nothing special as you can get access to the similar information on the web. The technical analysis is the hilarious part. They teach you to buy dips in an uptrend and sell rallies in a downtrend by means of diagonal trendlines. Who doesn't know how to draw trendlines? Sure they tell you to place a limit order like 12 pips below the trendline incase it does not get filled with a hard 25 pip stoploss. I wonder how often they get whipsawed in their trades by doing that? Their news trading is quite amusing too. Real professional traders have their positions already well in profits and set to breakeven before news even comes out. Its either that or they are able to discern price areas that news moves are engineered to go to so that they can trade against the losing crowd sucked into the move by chasing price. Guess what T4T does when news come out? They use OCO order to chase price! Is that amateur or what? Then you have the signal service provider: I've seen them made bad trade calls too many times to count. Especially Nick who gave breakout trade signals which is effetively chasing price with a 25 pip stoploss. No wonder such trades fails. This explains why they don't advertise detailed track record of their trade calls. So they charge couple of thousands of dollars to teach similar information that is readily out there on the internet. Now they offer a seemingly free education if you fund a 20k account in their white label broker. Why? Because they are trying to make money off trading volume. In summary don't waste your money trying to learn off noobs. Trading is a solitary business. You need to find and trade your own style and you won't find this through T4T.
I signed up for T4T's fx alert service only ($150/mo) as naturally I am someone who likes to start off small and build from there. I can honestly say based on poor my experience has been at the lowest levels of what they offer, there is no way I would pay them for additional services. (plus sign is positive, minus sign was a negative interaction) +The sign up was easy and painless -However, it took 3 days to receive a log in. I sent an initial help request after not receiving the log in right away. I waited 48 hours (AU time) as per the automatic ticket I was sent back. Nothing. I sent an additional note on day 3 and someone got back to me. +The customer service rep (Yuanie) was great - she apologized and explained that they recently updated the system, and my email was incorrectly entered. No problem from me as I worked in IT for 20 years...things go wrong and I felt good that at least the company was expanding their infrastructure -The log in does not allow you access to an online capability..I couldn't change my password, email address, contact information, or what I was really looking for, an auto-renew subscription. -The only way to receive trade alerts and generic information is via email or their mobile app -The mobile application was terrible; it crashed repeatedly and many times would not update real time (had to manually request the update or restart the program) +Trade alerts were obviously from experience people. Brad's team does have knowledge and experience (I have been trading fx for over 10 years profitably). The daily team briefings are good for inexperienced traders -Constantly missed trade alerts. I received the first 2 trade alerts in week one, and the other three weeks I constantly missed the alerts. I only received them by signing up to twitter and following them, which was disappointing since I was paying for the service (however I get it; its a great way to market your results) -After 12 days with the service I inquired whether or not my subscription was on an auto-renewal basis as the website was ambiguous on this point ("No lengthy contract, simple month to month subscription!"). +Again a great service rep respond and said it was on an auto-renewal basis -Being unhappy up to this point, I asked to take me off the auto-renewal subscription as it was questionable whether I wanted to continue with the service +The service rep replied quickly that it would be done -The next month (Day 31), and I received an invoice for another month service -Have sent a request for a refund; no response yet Bottom line: T4T understands FX however they have an incredibly poor business, which makes me question how well they train/teach new fx individuals. If you are experience in the fx world, I DO NOT recommend. if you are inexperienced, I recommend trying the lowest possible service first and feel your way through it. Don't get sucked into training courses or the $999 package. See what they can do for you on a return basis following their trades and gain knowledge from multiple sources. If they cannot get my simple fx alert account correct, I have to question how good they really are - however I cannot question their knowledge. I know a bit of an ambiguous review, but I want to be honest and let you decide.
This guys manages 10 million dollars, sends out trade alerts that have returned 30% year to date. That's a 3 million return on his investment. Yet is trying to find the best of the best traders on the street. With those returns he is the best of the best. Why he needs to sell a nickel and dime signal service then is any bodies guess. Unless of course it's all smoke and mirrors. 2014-10-03 3Star They are assembling a crack team of traders to rival any on the street. They want you, they want me, actually they want anyone with $500. The deal is awesome. Front up $500. Demo, pass their test then trade $20,000 with a 60-40 split. Sounds great. Max allowed drawdown. 2.5%. 2.5% of $20,000 is da da dahhh $500. Is this a coincidence? I think not. The first part of the application should be seeing through the offer.
I am the CEO of Traders4Traders and I would like to respond to a few of the comments made as some are correct and some are incorrect. First I would say thank everyone for reviewing us: good and bad, as it gives us the opportunity to improve our business. Forex Peace Army is a valid service which can help guide traders into the best products. To start with understand that not all people who get into trading are successful. There are a number of personal barriers which restrict many traders from being successful. What I will say is that we guarantee that you will learn the best Capital Management and trading skills from an experienced trading team. Reply to ANON - Australia The Evaluation Program is for those traders who think they are good enough to manage capital and not come through the training program. It does cost $500 and that is the maximum drawdown limit for the account. We don't hide that, in fact we promote it. You pay $500 to access the Live Trading Desk and also for the Weekly Performance reviews. This gives the clients the opportunity to manage a $20,000 company account. So I think $500 is amazing value. Reply MARK - Coogee The trade alerts we send out are up well over 30% and this doesn't include the numerous winning trades the team 'calls' on the live trading desk. So to state we don't make any money is completely inaccurate. We currently manage over $10 Million in Capital so you may want to do some homework before you throw around senseless remarks. I can only assume that Mark works for a competitor. Reply SAMBO - Montreal You are totally correct - bank traders DO NOT use OCO orders on economic data releases. Why? Because they can't. They don't have the systems to do it. But believe me they would if they could. Please understand we do occasionally use OCO orders but it is a high risk trade as you can experience major slippage on extremely variant data releases. It's definitely not a strategy I would advise anyone to use day in-day out! You have to wait for particular set ups and they aren't there everyday. We use the T4T Training program as a recruitment process for our Fund management business. It gives people access to real market experience and knowledge. We endeavor to develop the best multi-skilled traders to trade in today's dynamic market. With our guidance and Capital management system you should never "even in your worse case scenario" lose more than 20% of your starting capital. If you over trade and place too much capital on any one trade then it is a recipe for disaster. But through our program we hope to rectify these issues that many traders experience. When it all comes down to it we can teach anyone to trade successfully. But what it all boils down to is personal aptitude: Patience, Discipline & Control! As I mentioned we appreciate the reviews so please keep them coming. If you are a prior client and have had a bad experience, give us a call and we'll see if we can get you back on track. Brad Gilbert Review Moderation Team Note: If you click on this page where it asks "Is This Your Site", you can sign up as a site representative. This will let you submit comments that tie directly to individual reviews.
It is safe to say this company and Brad won't be around for much longer. I have never seen Brad make a successful trade in the few years that I've been involved with T4T Capital (previously traders4traders). It's pretty clear that Brad does not make a living from trading currencies, he makes a living from taking money from unsuspecting wannabe traders. It's a shame he seems to have a lot of cronies willing to write positive reviews however that can only last so long before the mug punter realises he's just been fleeced. stay well clear.