T4TCapital Trading FAQs

Forex Funded Trading
Frequently Asked Questions

Forex T4TCapital™ Funded Trading Program

These are the most common questions asked over the last few years, we hope these help.

General

The only way to get a Forex T4TCapital™ Trading Account is by successfully passing Step 1 the Practical Assessment. To pass the Practical Assessment you need to:

  1. Reach your accounts profit target without breaching any drawdown limits or trading rules.

The Profit Target is calculated after all open trades are closed. This means that any open trades will need to be closed before you can be considered for completion of the Practical Assessment. You have as much time as you need to pass the Practical Assessment (Step 1). Once you pass the Practical Assessment you will receive your Funded Forex Account within 48 hours of passing the Practical Assessment.

Get Started Today

Yes, absolutely. There are no restrictions on the way you trade or the EA’s you can use. All we focus on is the rules and limits so you’re free to trade however you like and with whatever tools you like.

If you’re using EA’s for execution, it is your responsibility to make sure stop-loss orders are attached to every open position and pending order. We will not accept any excuses.

No, you will be trading our accounts. T4TCapitalFM will provide the trading accounts (demo & live) for you to trade.

We use our own liquidity provider.

Practical Assessment

There is no time limit to complete the practical assessment.

Live Forex T4TCapital™ Trader Account

There is no time limit placed on the management of the live T4TCapital™ trading account, however, if your trading account is inactive for more than 3 months we will assume you have given up and lost interest and your live T4TCapital™ trading account will be suspended.

Yes, you can. This is a great way to maximize your trading during the practical assessment.

Some traders believe time spent on the practical assessment is wasted as the money they make is not ‘real’. Well, that doesn’t have to be the case.

The best thing to do is set up a ‘copy trade’ facility on your practical assessment account and then when you trade, these trades will be copied onto your personal account.

That way you’re not wasting any time going through the practical assessment.

You can find out more about FX Blue Trade Copier here

No. But we have made the Practical Assessment a one-off fee to take the pressure off you and enable you to trade at your own pace. 

Your trading account will be reviewed by our senior team and if everything is in order, you will be provided with a live T4TCapital™ trading account according to your practical assessment trading account size. You will then enter into a profit share agreement with T4TCapital.

When you signup for any of the Traders4Traders Forex Trading Courses, once you have finished the Courses and successfully completed the Practical Assessment you will be given one of our live $100K accounts with real cash and the first profit you make in this account is paid straight back to you making this whole program Free of Charge!

After that, any profits are paid according to our current profit share schedule.

Billing

No. You first must pass our practical assessment. Once you do pass the practical assessment you get a live Forex T4TCapital™ Trading Account to trade with no time limitations. Get started today trading our T4TCapital Trading Programme.

No, we have many different levels you can start with including:

  • $25,000
  • $50,000
  • $100,000 (most popular)
  • $250,000
  • $500,000
  • $750,000
  • $1,000,000

So you will never need more than one.

Yes, If you have purchased a practical assessment and have not traded the account then we are happy to provide a refund.

No, if you have traded the account then you will have used our services and a refund is not available.

Practical Assessment

There is no time limit to complete the practical assessment.

Live Forex T4TCapital™ Trader Account

There is no time limit placed on the management of the live T4TCapital™ trading account, however, if your trading account is inactive for more than 3 months we will assume you have given up and lost interest and your live T4TCapital™ trading account will be suspended.

Yes, you can. This is a great way to maximize your trading during the practical assessment.

Some traders believe time spent on the practical assessment is wasted as the money they make is not ‘real’. Well, that doesn’t have to be the case.

The best thing to do is set up a ‘copy trade’ facility on your practical assessment account and then when you trade, these trades will be copied onto your personal account.

That way you’re not wasting any time going through the practical assessment.

You can find out more about FX Blue Trade Copier here

No. But we have made the Practical Assessment a one-off fee to take the pressure off you and enable you to trade at your own pace. 

Your trading account will be reviewed by our senior team and if everything is in order, you will be provided with a live T4TCapital™ trading account according to your practical assessment trading account size. You will then enter into a profit share agreement with T4TCapital.

When you signup for any of the Traders4Traders Forex Trading Courses, once you have finished the Courses and successfully completed the Practical Assessment you will be given one of our live $100K accounts with real cash and the first profit you make in this account is paid straight back to you making this whole program Free of Charge!

After that, any profits are paid according to our current profit share schedule.

Rules

There’s nothing to be gained from having an open position whilst the markets are shut so you are not permitted to hold positions over the weekend.

You are not permitted to open a position prior to Sunday 9.00pm GMT/UTC.

All positions must be closed prior to Friday 7.00pm GMT/UTC.

The Daily updates from the T4T team will cease from Friday 20th December until Monday 6th January. There will also be limited IT support. But you can continue to trade throughout this period.

Note the Trading platform will be closed XMAS day and New Years Day.

You are permitted to trade at all other times except if T4T Management halts all trading due to ‘unforeseen highly volatility international events’. In this case, T4T management will notify you directly about the trading halt.

Limits

If the equity balance in your trading account, at any stage during the week, hits or falls below the Weekly Loss Limit Level, that’s a breach of limits and you’ll need to reset the account.

The weekly loss limit includes:

  • All open positions
  • All closed positions

For the current trading week.

That means if during an open trade you hit or go over the weekly loss limit level you will have broken the limits and you’ll need to reset the account.

To monitor your equity balance look at the ‘Equity Balance’ in the Terminal window on your MT4.

There are 2 features to the Weekly Loss Limit:

  1. It is reset every week at the start of trading on Monday
  2. It remains static all week.

If the equity balance in your trading account, at any stage, hits or falls below the Trailing Maximum Loss Limit, that’s a breach of our limits and you’ll need to reset your trading account.

The maximum loss limit includes:

  • All open positions
  • All closed positions

For the total duration of your account.

That means if during an open trade you hit or go over below the Trailing Maximum Loss Limit you will have broken our limits and you’ll need to reset your trading account.

To monitor your equity balance look at the ‘Equity Balance’ in the Terminal window on your MT4.

There is 2 important features to the Maximum Loss Limit:

  1. It continuously trails the High Water Mark of your account.
  2. It stops at the start account balance

Nothing. It remains static from the level set on Monday.

Your Stop Loss Orders, if they were hypothetically instantly triggered, must keep your equity balance above your current available drawdown limits, whether that be the Weekly Loss Limit or the Trailing Maximum Loss limit. This is known as a ‘valid stop-loss’ order.

If your stop-loss orders on your open positions or pending orders are beyond your available limits (i.e. ‘Not Valid’) then your account is automatically in breach of the Rules as soon as you place the trades in the market.

Make sure you understand this rule because there is nothing worse than making money and then being told you have exceeded your available limits.

For Example: If you only have $1,000 available on your Maximum Drawdown Limit then opening a position with a stop-loss that would generate a $5,000 loss if hit, is not acceptable. It is ‘invalid’ and would be an immediate Breach of the Rules even if the open position is in profit!

If you have multiple positions, the cumulative sum of all stop-loss orders must not exceed your current available drawdown limits.

If you do not have a valid stop loss order attached to your open positions your trade will be closed immediately.

 

Example of a Valid Stop Loss Order:

Let’s say you have a $2,000 drawdown limit available.

You open a 10 lot position on EURUSD with a 20 point stop loss. If the stop loss is hit the account will lose $2,000.

That’s right on the drawdown limit. That is OK.

Example of an Invalid Stop Loss Order with One Position:

Let’s say you have a $2,000 drawdown limit available.

You open a 10 lot position on EURUSD with a 25 point stop loss. If the stop loss is hit the account will lose $2,500.

That’s $500 more than the drawdown limit. This is a Breach!

Example of an Invalid Stop Loss Order with Multiple Position:

Let’s say you have a $2,000 drawdown limit available.

You have 4 open positions of 2.5 lots on EURUSD with a 30 point stop loss on each. Each stop-loss equates to a $750 loss if it is triggered.

If all stop-loss orders are hit the account will lose $3,000. (4 x $750 = $3,000)

That’s $1,000 more than the drawdown limit. This is a Breach!

Our trading servers will identify this and send you a notification of the breach.