TeraFX

TeraFX UK provides online trading in Forex and Contracts For Difference (CFD’s) in Indices, Commodities and Precious Metals including Gold and Silver.

Operating from the City of London and regulated by the UK’s Financial Conduct Authority (FCA), our mission is to provide our customers with an exceptional trading experience. First rate customer service, reliable trusted dealing technology, and a transparent No Dealing Desk (NDD) execution model enable us to meet the needs of all Forex traders.

At TeraFX client safety is our main focus. As TeraFX is a regulated broker and in accordance with CASS (Client Asset Sourcebook) we need to uphold certain rules and obligations, offering our clients the fullest security. As stipulated by the FCA client money rules, TeraFX is obliged to segregate all its retail clients’ funds from its own funds.

All our retail clients’ funds are held in separate bank accounts with the world’s top tier one banks and held separately from Tera’s own funds. This ‘ring-fenced protection‘ means that Tera cannot use these funds for any operational purpose. Whilst we still perform reconciliations of professional client funds, we are not obliged and do not keep professional client funds on a segregated bank account by default. We can, however, consider requests for segregation from our Professional clients on a case by case basis.

As a UK based, authorised and regulated financial services firm, our clients are afforded the protection of the Financial Services Compensation Scheme (FSCS), subject to scheme eligibility.

This means that cash and assets held by us are covered by the FSCS. This means that if, in an unlikely event, we are unable, or likely to be unable, to pay claims against us, customers can apply to the FSCS for compensation. Any claim will be limited to £85,000 per individual.

Our multi-lingual Client Service team are available 24/5 and can be contacted by live chat, email or telephone.

Broker Logo

 TeraFX

BROKER INFORMATION

Broker Type

STP

Company

Tera Europe Limited

Foundation

N/A

Country

United Kingdom

Regulation

Tera Europe is Authorised and Regulated by the Financial Conduct Authority (“FCA”) in the UK| FCA FRN: 564741

Minimum Initial Deposit

$100

Account Base Currencies

USD, EUR, GBP, PLN

Account Deposit Methods

Bank Transfer, Credit Card, Debit Card, E-Wallet (Skrill, Sofort, UnionPay)

Account Withdrawal Methods

Bank Transfer, Credit Card, Debit Card, E-Wallet (Skrill, Sofort, UnionPay)

Live Chat

Yes

Email

customerservices@terafx.co.uk

Call

– Head Office: +44(0)203 048 4764
– DIFC Branch: +971 4 401 9666

ADVANTAGES

Free Demo Account

Yes

Spreads

Variable From 0.6 pips

Execution Type

Market Execution

Affiliate Program

Yes

Swap Free

No

Trading Platforms

 MetaTrader 4

Scalping

Yes

Hedging

Yes

Expert Advisors

Yes

Products

Forex, CFD’s on Indices and Commodities

DISADVANTAGES

Restrictions

– The website is not intended for distribution to, or use by, any person in any country or
jurisdiction where such distribution or use would be contrary to local law.
– Tera Europe Limited (DIFC Branch) does not market to and cannot accept retail clients.

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