Is t4trade a reputable company?
Is t4trade a reputable company?
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code_fodder · External communityPost link
External question — Personal Finance Stack Exchange
Author: code_fodder
Original post: https://money.stackexchange.com/questions/166458
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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Does anyone have experience with T4Trade?
I started to use them, and made some decent profit off the money I put in. All the money is still with them in my account.
But I am about to go on holiday for a while, so I wanted to take my money out while I can't keep an eye of the trades.
But suspiciously when I did that, a load of trades appeared - mostly in loss positions, but I still have decent amount in my account. However it put my "free margin" just below what I was trying to withdraw... so my withdrawal failed.
I have now disabled their access to my trading platform (meta trader 4) and I plan to close all those trades off on Monday morning.
This was my first bad experience with them - because otherwise they have been making me good money... though I have not taken anything out yet (other then a small test amount at the start).
Anyway - just thought I would see if people had any experience with them.
I guess a follow up question is - does anyone know a reputable broker - I would like them to:
Suggest / setup trades for me
Allow me to setup my own trades
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