4TFX Review – Earn a High ROI via Trading

4TFX
  • Overall Score
4.7

Summary

There are 200 options that the broker has added to their offerings and they are spread across different categories. Since 4TFX is catering to traders from various backgrounds, they have come up with multiple account options for their clients. This broker has also developed a proprietary trading platform for its clients and it is a web-based one.

4TFX Review

4TFX ReviewNowadays, every individual is working for one purpose alone; to achieve financial security as quickly as possible. If you are financially secure, it can take a huge burden off your shoulders and it ensures that you are ready to deal with any emergency or difficult situation. But, when you are struggling to manage your finances, any additional complications can only make matters worse. Therefore, there are thousands of million who are looking for solid investment opportunities that can help them earn good returns for bringing them closer to financial security. The traditional investment options may be safe, but they are no longer offering a good enough return.

While there are numerous alternatives that exist, there is none as profitable as trading. This space comprises of thousands of financial instruments that are bought and sold for profit. The movements in prices of these instruments can enable traders to enjoy great returns. As long as you are able to predict the right direction of the price and purchase or sell accordingly, you can fatten your portfolio very quickly. There was a time when most people didn’t give trading a thought because they didn’t have the huge amounts of money that were needed to invest in it.

However, things have changed significantly since then due to technology and the internet. Now, with online trading, you don’t have to worry about any such barriers because you can get started even with a small capital. As a matter of fact, you don’t even need to have any prior knowledge or any experience in the market whatsoever. Yes, these do improve chances of your success, but they are not prerequisites. So, how can you begin? If you are ready to invest in the trading space, you will first have to look for a broker that provides you with what you need.

Online brokerages have been established to help online traders in accessing the markets and executing their trades. They provide the tools, the platform, assets and everything else you need for trading in the financial markets. With the popularity of online trading, the number of brokers has also surged and you will easily come across numerous options when you begin exploring the market. Sure, having more options means that you have greater freedom to choose a broker that suits you, but there is also room for confusion because you will not be able to look at every single option.

Not every broker is equal in terms of quality and service, and so, you need to be diligent and find a brokerage that lives up to everything it claims. There are some good brokers in the market and you can find them with a little bit of time and effort. One of the names that will pop up repeatedly is that of 4TFX, a broker based in Limassol, Cyprus, which is offering CFD (Contracts for Difference) trading services to traders all over the globe. If you look into their background, you will come to know that this broker hasn’t been around for that long. Yet, during this short span of time, they have left quite an impression.

What makes 4TFX a capable broker and a smart choice? The only way to find the answer is by looking at them carefully.

Broker 4TFX
Website https://4tfx.com/
Trading Accounts Basic, Silver, Gold, Platinum and Diamond account
Minimum Deposit €250
Assets Coverage Forex, Stocks, Commodities, Indices and Cryptocurrencies
Trading Tools Graphs, Charts, Price Quotes and Market News
Education and Training Yes
Customer Support 24/7, Email, Phone and Online Contact Form
Security Policy KYC (Know Your Customer) and AML (Anti-Money Laundering) policies
Parent Company 4TFX

4TFX - The Trading Instruments Available

4TFX – The Trading Instruments Available

The most important and vital aspect of any broker is the trading instruments they are offering to their clients. There is a good chance that when you make up your mind to enter the trading markets, you have a particular instrument in mind that you wish to trade. If a broker doesn’t offer you that instrument, you wouldn’t want to sign up with them. Therefore, checking their instruments should be your first priority. In the case of 4TFX, you already know they offer CFDs, but which ones do they offer? There are 200 options that the broker has added to their offerings and they are spread across different categories. What are they? Take a look below:

Commodities: Traders who don’t want to take big risks right away will like the option of commodities. These are less-volatile assets that can offer consistent returns to you, despite ups and downs in the market. This category includes precious metals like gold, silver, platinum and palladium and natural energies like crude oil, Brent oil and natural gas. You can also find agricultural products like corn, wheat, coffee, corn and soybeans.

Stocks: This is one of the world’s oldest markets and actually made trading a trend. 4TFX has given its clients the opportunity of trading the stocks of some of the leading companies in the world from different industries. These include prominent names like Amazon, Netflix, Facebook, Google, Microsoft, HSBC Holdings, Volkswagen, Siemens and more.

Indices: There are some traders who don’t like trading individual stocks and prefer to trade the market as a whole. In that case, indices are a good choice for you and you can find some of the world’s top indices at 4TFX including Dow Jones, NASDAQ, FTSE 100 and S&P 500.

Forex: The currency market is the largest market in the world with a daily trading volume of more than $5 trillion. There are thousands of currency pairs that can be traded in this market, each having a different level of volatility and demand. Thus, they are classified as major, minor and even exotic pairs. Some of the currency pairs that you can trade are EUR/USD, AUD/JPY, CAD/CHF, GBP/JPY, EUR/AUD, EUR/NZD and GBP/CAD.

Cryptocurrency: An excellent addition that 4TFX has made to their platform is that of cryptocurrency. This particular asset is in heavy demand nowadays because its volatility gives it great potential. You can trade Bitcoin, Bitcoin Cash, Ethereum and Litecoin via the broker’s trading platform.

Along with these options, 4TFX has also added ETFs (Exchange-Traded-Funds) for their clients. The broker gives you the chance to diversify your portfolio as much as you want. This enables traders to maximize their returns and reduce their risks, leading to the high ROI they want.

4TFX – Initiating the Registration Process

After you have checked a broker’s assets and determined that they have the instruments you want, it is time to register with them. But, this phase comes with its own hassles because some brokers have extensive and complicated registration procedures that can be very intimidating. In fact, some traders often leave the process halfway because they believe the broker is asking for too much information, which is not even relevant. You don’t need to face these issues with 4TFX because when you take a look at how to register with them, you will see that they have one form that has to be filled out.

First, to initiate the registration process on 4TFX, you need to visit the broker’s website and click on the option of Sign Up. This will open the registration form and you have to provide some basic information to complete it. It will ask you to share your first and last name, an email address and a password you want to use for login purposes, your country of residence and a phone number. You also need to agree to the broker’s Terms & Conditions before you can move forward. Hence, it is best to go over them, as they are provided on their website, in order to ensure you know what you are getting into.

Even though it is not part of the registration process, it is a good idea to complete the verification step with registration, so you can trade smoothly. This verification procedure is in accordance with the KYC and AML security policies, which are Know Your Customer and Anti-Money Laundering, respectively. These are international security policies that require traders to provide some documentation. The purpose of these policies is to get proof of identity, proof of address and proof of payment. It can help in preventing identity theft and ensure that 4TFX’s platform is not used for terrorist activities or financial crimes like money laundering.

The documents that need to be provided are:

  • Proof of ID: To give proof of ID, any government-issued form of identity like a national ID card, passport and driver’s license.
  • Proof of Residence: This can be done by providing a recent utility bill, such as water, gas or electricity, or a bank statement. These should show your full name and address and shouldn’t be longer than three months.
  • Proof of Payment: If you plan on using your debit or credit card for payment, you need to provide a photo of the back and front of the card. You can hide the CVC and the card number, with the exception of the last four.

4TFX – Exploring the Multiple Account Options

When the registration process is complete, the next step you have to take is to open an account with the broker. Since 4TFX is catering to traders from various backgrounds, they have come up with multiple account options for their clients. This is a common trend amongst brokers that want to facilitate traders with different trading styles. They come up with several account options and let their clients choose one that’s in accordance with their risk tolerance. 4TFX has developed five account options for their clients and these are mentioned below:

Basic

4TFX’s first account option is called Basic and it is for basic traders, who have absolutely no experience and are new to the trading world. Therefore, the broker asks for a minimum deposit of €250 for opening this account. The traders are given a leverage of 1:10 and an account manager who can help them in building their portfolio. The account also gives a welcome bonus of 50% to the traders as an incentive and they can get a platform walkthrough in order to get acquainted with the broker properly. If you want to increase your investment, the account allows you to invest a maximum of €10,000.

Silver

Traders who are not completely new and are beginners to the trading world can use the Silver account option that 4TFX has created. The minimum deposit needed for opening this account is set €10,001. To add further incentive for the brokers, the welcome bonus is now increased to 75%. As far as leverage is concerned, traders can enjoy 1:20 and they can also make use of technical education under this account option. As their portfolio expands, they will need a senior account manager to help them, which they can get in this account. The maximum amount that can be invested in this account is €20,000.

Gold

There are intermediate traders out there, who have experience and knowledge of the trading market, but are not on the same level as skilled and professional traders. For them 4TFX has put together the Gold account. This can be opened with a minimum deposit of €20,001. Here, traders receive a higher bonus of 100% and their leverage is also increased to 1:30. They can make daily trades and tap into the expertise provided by an executive account manager. With this account, they also receive fundamental education. Traders can increase their investment to as much as €100,000 in this account.

Platinum

The fourth account option that you will find at 4TFX is called the Platinum account and it is meant for seasoned and skilled traders. Therefore, they are asked to deposit a minimum of €100,001 to open this account because they can afford to make this much investment. They receive a higher leverage of 1:40 in this account and their welcome bonus is increased to 150%. Their trading portfolio are quite extensive, so the broker provides them with a VIP account manager. These traders can invest as much as €200,000 in this account.

Diamond

To accommodate professional traders on their platform, 4TFX has created the Diamond account. The best thing about this account option is that it gives traders access to all the features that the broker has to offer on their platform. They now get to consult with a BDG account manager and can trade in all periods. The minimum deposit for this account starts at €200,001 and the maximum investment that traders can make through it is €499,999.

4TFX – Payment Solutions for Deposits and Withdrawals

After exploring the account options, you can choose one that works for you. But, as you can see from the requirements, there is a minimum deposit needed for opening each account. The question is how you will add funds? This is where every broker provides their clients with some payment solutions that they can use for not just depositing money, but also for withdrawals later on when they make profits. If you have verified your account by following the procedure mentioned above, you will have no problems in making deposits or withdrawals via 4TFX.

But, which methods can you use? To accommodate its clients, 4TFX has added the option of bank wire transfer for deposits and withdrawals. This method does take time, but it is very secure due to which it appeals to many traders. But, to cater to modern traders, the broker has also given the option of using your debit or credit cards for adding and withdrawing funds on the platform. The broker supports numerous cards, including Visa, Maestro and MasterCard, which can make things easy.

Deposits are usually processed instantly while the broker clarifies that withdrawals take 2 business days to be processed. If it takes longer, you can get in touch with them to ask the problem. It is also important to remember that since the KYC and AML policies are followed, you can only use accounts and cards in your own name for deposits and withdrawals. Similarly, withdrawals can be made to the same account or card that was used for making a deposit and no third-party accounts or cards will be allowed. In addition, if you are using a currency under than USD on 4TFX’s trading platform, then currency conversion charges may also be applicable and you need to be aware of them.

4TFX – Trading Solutions and Platforms

Now that your account has been funded and you are ready to start trading, you will probably wonder how you can make trades. How will you open a position or close it? How can you know what is happening in the markets? This is where a trading platform comes in. This refers to the software that’s provided by the broker for all your trading activities. Every broker will provide you with different solutions and they will determine what kind of experience you have. Some platforms are easy to use and are enriched with features whereas others are often slow and lacking.

Where does 4TFX take you? This broker has also developed a proprietary trading platform for its clients and it is a web-based one. This appeals to most traders in the market because a web trading platform saves them from the hassle of having to download and install anything on any device. As a matter of fact, it gives them the flexibility of accessing the trading platform on any device, be it PC, laptop or mobile devices. Moreover, the broker has ensured that there is no compromise in terms of technology or performance with this option.

The trading platform is easy to navigate and uses cutting-edge technology to deliver a smooth performance. You can take advantage of superior speed when it comes to trading execution and one-click trading is also available. 4TFX has also added essential trading tools that can come in handy for all traders. These include charting tools, graphs and trading indicators. You can check market prices in real-time and also get access to the latest market news for making your decisions. The platform has been designed to be user-friendly, so there are no worries about a learning curve.

Along with this trading solution, 4TFX has also developed mobile apps for iOS and Android platforms to facilitate modern traders who don’t want to be tied down. These apps can be downloaded on your smartphones or tablet and can be used for accessing your account with the brokerage. They are simple to use, but don’t lack in technology. They are also equipped with proper trading tools and allow you to trade, regardless of where you may be.

4TFX – Support and Assistance

4TFX - Support and AssistanceNo matter how impressive a broker’s features, assets or trading platform may be, if they don’t care about their clients, their services are of no use to you. Most brokers don’t give any thought to support and assistance their clients might require during trading and this can be a setback when you need help. 4TFX has not followed the same route because they are a customer-centric broker. First off, they have put together educational resources on their platform for supporting their clients. These include learning material in the form of e-books, blogs and articles. There are also video tutorials that can be used for learning the ins and outs of trading.

Apart from that, 4TFX also offers customer support services in case traders face technical issues or have questions about the broker’s offerings or services. They have a customer support department that is available 24/7 and they have provided their clients with several channels to get in touch with their staff. Traders can visit the Contact Us section on their website to find details about it. They will find an email address on their website that can be used and a phone number is also provided in case the query is urgent. People can also fill out an online contact form and send in their query.

Bottom Line

Upon a closer look, it is evident that 4TFX has everything you need for ensuring a good trading experience that lets you earn the returns you want.

Isacco Genovesi

Author: Isacco Genovesi

Isacco writes news articles, reviews and guides about cryptocurrencies including technical analysis, blockchain events, coin prices marketcap and detailed reviews on crypto exchanges and trading platforms.

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