CTS T4 is a futures and options platform from Cunningham Trading Systems built on its own exchange connectivity and data feed. It is well known for spread trading, a fast depth-of-market ladder, and solid options tools, and it runs on the web, desktop, and mobile.
CTS T4 is the futures and options platform built and hosted by Cunningham Trading Systems. It started as a tool for floor brokers and locals and grew into a full professional platform used by scalpers, position traders, and executing brokers. Through Discount Trading you get T4 connected to your futures account with our routing and pricing.
What sets T4 apart is that CTS runs its own exchange connectivity and network. The platform is fully hosted across multiple data centers, so your orders, working orders, and positions live server-side rather than on your PC. Log in from a different machine and your saved workspaces come with you.
T4 comes in three versions that share the same back end: T4 Desktop for full functionality, T4 WebTrader for browser access with no download, and T4 Mobile for Android and iOS.
Charts are built into T4 Desktop with 50+ studies and indicators and candlestick, Heikin Ashi, Renko, and point-and-figure styles. See depth of market and working orders on the chart and trade right from it.
Single-click and keyboard order entry from the depth ladder, with dual-layout capability and the ability to switch contract markets with a single click.
Display a grid of calendar spreads, butterflies, and condors for a contract. One-click submission lets you act on spread opportunities without rebuilding orders by hand.
T4 Custom Strategies and the TradeSniper add-on let you build, chart, and trade your own synthetic spreads, even across products such as gold versus crude.
Market, limit, stop, stop-limit, trailing stop, MIT, GTC, OCO, and Auto OCO, plus market-mode, time, and price activation, icebergs, and queued orders.
Generate theoretical values and Greeks from multiple models, build custom volatility skews, value user-defined spreads in real time, and use heat maps and portfolio analysis.
Real-time quotes plus news and economic-indicator feeds from an industry news service, built into the workspace alongside your charts and ladders.
Android and iPhone/iPad apps with the same market data and execution as the desktop, including charts with studies on Android.
Build custom trading and analysis apps on the CTS back end using the open .NET API or the FIX API.
Because CTS hosts T4 across multiple data centers and keeps your orders and positions server-side, you are not tied to one computer. Your workspaces save to CTS servers, so you can log in elsewhere and pick up where you left off.
Between sessions, day orders clear out while GTCs and open positions roll over. CTS owns the connectivity and the network equipment behind all of this, which is how the platform aims to keep execution fast and reliable.
The Spread Matrix shows calendar spreads, butterflies, and condors for a contract in one grid, with one-click submission so you can capture spread opportunities quickly.
For spreads the exchange does not list, T4 Custom Strategies and TradeSniper let you define the legs and ratios, get real-time depth on the synthetic spread, then chart and trade it as a single instrument.
All CTS products let you view and trade exchange option outrights and spreads, with option chains shown in straightforward formats. Click an option to open an order ticket, depth screen, or chart.
Options Pro adds the professional layer: theoretical pricing and delta sheets from multiple models, custom volatility skews, real-time valuation of user-defined spreads and RFQs, the Greeks you choose to monitor, heat maps, and a portfolio analysis tool.
T4's charting is part of the desktop platform, not a separate program. It streams real-time quotes on every futures, options, and strategy market available on T4, with 50+ studies and custom script editing for studies you write yourself.
Continuous-contract charts combine the most active expirations going back years, and because charts save alongside your other T4 windows, you trade and analyze in one place.
CTS T4 is a futures and options trading platform from Cunningham Trading Systems. It is built on the firm’s own exchange connectivity and data feed, and it is known for spread trading, a fast depth-of-market ladder, and options tools. T4 runs on the web, desktop, and mobile.
Discount Trading charges $0.49 or less per contract commission on standard futures and $0.20 or less per contract commission on micro index futuresiExchange, clearing, and regulatory fees apply.. A free T4 demo is available so you can try the platform before you fund an account.
Yes. T4 is popular with spread traders. It supports exchange and synthetic spreads through a spread matrix designed for calendar and inter-product spreading, and you can work those spreads directly from the ladder.
Yes. Discount Trading offers a free CTS T4 demo. Complete the request form and we will set it up for you.
T4 runs in a web browser with T4 WebTrader, as a desktop application on Windows, and on iOS and Android through T4 Mobile, all on the same account.
You can trade futures and options on futures across the major U.S. and global exchanges through your Discount Trading account.
Yes. T4 supports server-side and synthetic order types including OCO, bracket orders, and stops that remain working at the exchange even if your platform disconnects.
Try CTS T4 free before you fund an account. Fill out the form and we will get your demo set up.
A spread matrix, synthetic spreads, and full options chains make T4 a strong fit for spread and option traders.
Discount Trading charges $0.49 or less per contract commission on standard futures and $0.20 or less per contract commission on micro index futuresiExchange, clearing, and regulatory fees apply..
Some of the lowest day-trading margins available for active intraday tradersiLeverage can work for you as well as against you - it magnifies gains as well as losses..
CTS runs its own exchange connectivity and data feed, with redundancy aimed at keeping you trading.
Talk to a real futures broker. We help with account questions, platform issues, and execution — by phone, not just chat.
Fill out the form and we will get your CTS T4 demo set up and answer any questions about routing and markets before you commit.
Disclaimer: This third-party trading platform demo is intended as an introduction to the platform and its functionality. It is not designed to mimic results in a live trading environment. In an actual live trading environment, commissions and fees would be applied at the close of every business day. Latency, fill price, and execution times may also differ from live trading. These third-party platforms generally supply real-time market data, however that can change at any time. This data should not be considered an adequate approximation of trading results or experience that may occur in a live-trading environment.