The squadron was first established in 1907, replacing the North America and West Indies Station.

It became a training squadron based in Home waters but which was to make three cruises annually, including to the West Indies.

[2] In April 1907 it comprised Euryalus, Hogue, and Sutlej.

With the appointment in 1913 of Rear Admiral Christopher Cradock the squadron ceased to be a training squadron and became part of the First Fleet.

During World War I, the 4th Cruiser Squadron was commanded by Rear Admiral Christopher Cradock; the squadron was effectively annihilated at the Battle of Coronel 1 November 1914.