TeraFX, officially known as Tera Europe Limited, is a Forex broker established in the United Kingdom in 2011. Headquartered in London, with a company registration number of 7604372, it also has a branch office in Dubai. The brokerage primarily offers trading services in Forex, commodities, indices, and spread betting among other financial derivatives.
Company Background
TeraFX, providing contract for difference (CFD) trading, Forex, commodities, indices, and spread trading services, is registered under the entity name Tera Europe Limited, headquartered in London, UK. According to Whois information, TeraFX's official website domain was registered on April 28, 2015.
Regulation Information
As per its official website, TeraFX is regulated by the Financial Conduct Authority (FCA) in the UK. Information obtained from the FCA's official website confirms that TeraFX is indeed regulated by this authority.
Trading Products
TeraFX offers a variety of trading products, including services for Forex, commodities, indices, and spread betting among other financial derivatives.
- Forex: The Forex market is open 24 hours a day from Sunday evening to Friday night. Access over 60 Forex pairs through TeraFX's MT4 platform, taking advantage of market ups and downs.
- Commodities: Trade precious metals and energy commodities with competitive spreads and low margin rates.
- Indices: Indices represent the top stocks of specific national exchanges, thus acting as tools for speculating on the average stock price trends.
- Spread Betting: Through spread betting, users can go long and short, ensuring they can fully capitalize on any market conditions.
Trading Platforms
TeraFX offers investors the widely recognized trading platforms in the Forex market: MetaTrader 4 (MT4) and MetaTrader 5 (MT5), famous for their advanced trading features and various analytical tools. MT4 offers a range of trading indicators, Expert Advisors for automated trading, and extensive charting tools. MT5 builds on its predecessor with more technical indicators, a wider variety of order types, and an enhanced built-in economic calendar.
Account Registration
Here's how to register an account on the TeraFX official website:
First, open the TeraFX official website and click "OPEN LIVE ACCOUNT" at the top right corner.
Then, complete the registration by filling in the information step by step.
Account Types
TeraFX offers various types of trading accounts, including STARTER, PREMIUM, ECN, PRO, CORPORATE, and DEMO, to meet the needs of different traders.
Deposit and Withdrawal Methods
TeraFX offers a variety of deposit and withdrawal options, such as e-wallets and bank cards.
Customer Support
The broker offers multiple contact channels including telephone support, email support, and online messaging.
- Telephone Support: +44(0)203 048 4764, +971 4 401 9666.
- Email Support:customerservices@terafx.co.uk
Conclusion
TeraFX was established in London, UK, and is regulated by the Financial Conduct Authority (FCA). It offers a variety of trading products, including Forex, commodities, indices, and spread betting services. Trading Baike reminds investors that contracts for difference are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Currently, TeraFX is marked as "Active" on TraderKnows.
