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Traders4Traders Review: Too Many Reasons Not To Trust Them

Traders4Traders Review

Traders4Traders company was founded by Bradley Gilbert. He is a veteran in institutional trading who offers free education and coaching but also funded account programs. This firm used to be T4TCapitalFM, which was changed to Traders4Traders.com.

Apparently, there are two offices. The main one, headquarters, are located in the United States. The other one is in the UK. Too many strict rules are required to be followed by these countries. But if this firm is doing it, let’s find out in this Traders4Traders review.

Company type Active proprietary firm
Legal name Traders4Traders Inc.
Regulation Unregulated
Registered in United States
Established 2004
Website Traders4traders.com
Financial Authorities Warnings No official warning
Contacts Live chat
If a withdrawal is possible Highly unlikely
Fees $250-$5.000 fees
If Active on Social Media: Yes – LinkedIn, YouTube, Twitter
Investor Protection: None
Activity areas United States, Netherlands, United Kingdom, Australia, South Africa
Main threats Lack of regulations; many negative reviews;
Main perks None

Always Comes First – Is Traders4Traders Regulated?

Even though the company transparently reveals ownership details, these are not listed in any public register. In fact, if you search for Traders4Traders Inc., their main parent firm, it’s not listed in the NFA (US) database. Surprisingly,  Traders4Traders appears to be an Australian firm.

As for the UK entity, Traders4Traders LTD appears to be dissolved. To make it even worse, a long time ago, in June 2017. If you are confused about whether that’s the right company, check their application certificate. In addition to all of this, the company is not licensed by any trusted authority. Especially not the FCA, CFTC, or ASIC.

But we have to be honest. As long as they are not investing on your behalf, they don’t need to be. But there is a catch. They are selling you investment dreams. Thus, without some regulation, there’s no guarantee for anything they are saying.

What Do Other Traders Think Of This Firm?

If you haven’t gotten it so far, Traders4Traders reviews will tell you everything. If you check all 65 comments on Trustpilot, you will realize that almost 20% are not good. But even those positive ones might be fake. Thus, you can’t hide anger in people who are scammed.

Many of those comments include platform manipulations, unclear conditions, and withdrawal problems. To avoid these mistakes, make sure you check some tips from our EZ Invest review.

How Does Traders4Traders Inc Work?

In general, the company offers a wide range of funded accounts on two different platforms. You can choose between MT4 and MT5, which are both reliable and trusted options. These features are provided by a fully regulated Eightcap company based in Australia. At least that’s what Traders 4 Traders say.

You are choosing one of six evaluation programs they are offering. Once you pass it, you can start trading with a funded account. But think about it, if it makes sense at all. Let’s say you get lucky and you pass the evaluation. These guys should trust you with their money? No way. After all, there are some reviews revealing that some traders were not granted funded accounts after passing the evaluation.

Pricing Plans And Conditions

In general, all pricing plans have the same conditions. The only difference is in the amount of money at your disposal and the fee you are paying. Clients’ profit share is up to 90%. But it might be a marketing trick. You know those where the sales team tells you about a discount of up to 70%. Yet, the only things you see are 10% cheaper.

Anyway, the profit target traders must reach is 8% while the weekly loss limit is 5%. In addition to that, there’s a maximum trailing loss of 8%. These things are quite tricky with unregulated companies because you can face various manipulations. All in all, you can choose between: 

  • Starter – $250 fee / $50k balance
  • Intermediate – $500 fee / $100k balance
  • Proficient – $1.000 fee / $200k balance
  • Advanced – $2.000 fee / $400k balance
  • Expert – $4.000 fee / $800k balance
  • Master – $5.000 fee / $1M balance

Education and Coaching

Besides regular offers, the company claims to offer free education and coaching programs. However, there is a catch as well. Of course, they won’t reveal all the knowledge for free. Therefore, you can choose between the free basic educational program and paid master classes. 

As for the coaching sessions, you can join a Discord group and group coaching sessions. But of course, for some personalized training programs, you’ll have to pay again. Our honest LTD Phoenix review will show you why education with licensed firms could make a difference.

Customer Support Options and Experiences

One of the leading problems in the industry nowadays is bad customer experience. If the company doesn’t have professional and kind customer representatives, that could be a dealbreaker for some traders. But don’t make a mistake and accept representatives telling you they are not there to support you but to help you make money. Because those are not the ones doing that for you.

Anyway, Traders4Traders offers live chat support 24 hours a day, 5 days a week. If you compare it to some top-tier licensed firms, you will see many flaws there.

How Can I Make Money While Trading Online?

If you want to believe you can make money on a demo account, it’s on you. But many experienced traders would laugh at anyone trying to do so. Generally, it’s not logical that someone would trust you with thousands of dollars based on a one-step evaluation program. In exchange, you are sharing 90% of the profit. For what? Think about it for a second.

Instead, choosing Tier 1 regulated firms with high-end security can make a whole lot of difference. If you include AI Analysis Tool in that experience, you would be surprised with the results. Primarily, this tool helps you make decisions like a professional. It scans the market, combines historical and live data, and also trading patterns to provide you with precise market forecasts.

If you start implementing these small changes, the results might shock you. On top of that, you are in control of your funds! Nobody can pressure you to do something you don’t want. We know traders are sick of swindlers and hard-sales agents. Therefore, contact us and find out how the AI Analysis Tool can help you avoid these obstacles.

FAQ Section

Is Traders4Traders Legit?

It appears that this firm is not legitimate. Many traders reported all kinds of issues with the firm. Mostly scamming ones.

Is Traders4Traders a Prop Firm?

Yes. Traders4Traders is a proprietary firm offering funded trading accounts, but also free education and coaching.

What is Proprietary Trading?

Proprietary trading occurs when a trader trades stocks, bonds, currencies, commodities, derivatives, or other financial instruments with the firm's own money to make a profit for itself.

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