Frequently Asked Questions
If I stick to T4T's Capital Management, what is the downside risk to my capital?
If you stick to our capital management guidelines the most you could lose is around 20% of your initial investment. To achieve this you would have to execute close to 24 consecutive losing trades in a row. Let's face it even if you guessed you would get quite a few right. So with our focused 'low risk-high probability' trading program your downside is limited!
If I sign up for the Pro or Elite Trader Memberships am I locked in for a set time period?
There is no set time frame for any of the membership levels. Both the Pro & Elite Trader memberships are simple month to month subcriptions that can be cancelled at any stage. You are not locked into anything.
Yes that is correct, they only work on MT4.
Where can I see the full 'Next Best Trade' order levels?
If you go to the Next Best Trade you see the full list of trades. If you click on the 'eye' icon on the far right you'll go to the full NBT page where you will get the complete structure of the trade: technical set up, fundmanetal picture and all the order entry and exit levels.
Elite Trader membershipship is required to access this page.
When is the Market Insight & Daily Analysis done each day?
Both the Market Insight & the Daily Analysis is done at the start of each trading day (at the end of the North American - NYC session).
This allows us to give you a full perspective of the previous days trading as well as highlight the key events and opportunities for the upcoming sessions.
What currency pairs do you concentrate on?
We focus on the major currency pairs, and the major crosses associated with them. Concentrating on one currency pair is ridiculous and is a major reason why many novice traders fail to make any money.
Our Daily Analysis covers: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDJPY, USDCHF, USD INDEX.
How much Capital do you suggest I start trading with?
This is one area where people are commonly misled. The absolute minimum I would suggest is $5000, but ideally $10,000 or more. If you’re trading anything less you will have to risk far too much capital to make any serious money.
If you are just trialling trading then sure starting with $1,000 is OK. But once you work out it's for you, you should setp up your account capital.
Don't forget you are only risking 20% of your account. So If you put in $5,000 the most you will be risking if you stick to the capital mangement structure we provide is $1,000.
How do I register for a webinar?
Once you are inside the Members area go to 'my FX Calendar' and you will see a calendar with all of our events on it. Click on the event and then simply register via the link available.
Do you recommend any particular brokers?
Yes we have a preferred brokerage list which you will find inside the Members area. Go to 'T4T Partner Network' and you'll find links to the broker we prefer. They also offer our clients special deals such as Free VPS and rebates.
Do you get rebates from brokerage firms on client turnover?
Absolutely not. We do not recieve any rebates from client turnover. We understand trading can be hard enough without widening your spreads via a rebate back to us.
This is extremely common with just about every educator in the market. If you are paying a fee to your provider for every trade you do then you're getting ripped off.
Ask your broker if that's the case and if so I'd change accounts!
How do I become a funded trader?
Once you have completed the full program from Student through to Pro and then Elite we will monitor your performance.
Once you have established a consistent track record we will set you up with a funded account via our Fund manager relationships.
The funded accounts will be in the vicinity of $300-500K capital, so our partners want to make sure you know what you're doing.