General Information & Regulations

TeraFX Is A Brokerage Brand Owned By Tera Europe Limited. The Broker Is Headquartered In London, UK, But Has A Second Office In Warsaw, Poland. TeraFX Offers Forex Pairs And Contracts For Difference (cfds) Trading Services For Commodities, Indices And Precious Metals. TeraFX Is Regulated By The UK Financial Conduct Authority (FCA) With Registration Number 564741.

Market Instruments

TeraFX Offers Its Traders More Than 60 Forex Currency Pairs, CFDs, Commodities, Indices And Vps.

Account

There Are A Total Of Seven Real Account Types, Special Exchange, Namely Micro, Micro Plus, Starter, Premium, Ecn, Pro And Corporate Account. In Addition, Demo Accounts Are Also Provided To Help Investors Practice Their Trading Skills.

Leverage

TeraFX, As A Regulated Broker Of The UK Authorities, Abides By Its Maximum Leverage In Accordance With Its Limits. Therefore, According To The European Financial Conduct Authority, Retail Traders Can Use Limited Leverage Of Up To 1:30 On Foreign Exchange Instruments. While Professionals And Those Confirming Their Status Can Get High Leverage Of Up To 1:100 Or Higher.

Spreads And Commissions

TeraFX Incorporates Its Costs Into Variable Spreads, Starting From As Low As 0.6 Pips, Depending Of Course On The Type Of Account The Investor Is Trading. ECN And Professional Accounts Are Characterized By Raw Spreads Plus Markups As, Special Exchange Costs, Also Defined By The Type Of Account, E.g. Oil Starting From 0.4 Pips. In Addition, Swap Or Rollover Rates Should Always Be Considered As Transaction Costs.

Trading Platforms Available

When It Comes To Trading Platforms, Special Exchange Seems To Have Made The Wise Choice To Offer Investors Metatrader4. The Mt4 Platform Is Not Only The Most Used Software Among The World's Traders (both Beginners And Professionals), It Is Also Highly Customizable And Also Customer-friendly. Mt4 Is Known For Its Excellent Charting Package, With Additional Plotting And Annotations, Along With Over 40 Indicators. Of Course, Another Great Advancement Of Mt4 Is Its Algorithmic Trading Or Robotics Features, With Well-known Ease Of Use, Which Can Be Obtained From The Selection And Also Managed Through Your Coding Skills.

Deposit And Withdrawal

TeraFX Welcomes Traders To Deposit And Withdraw Money In Their Accounts Through Payment Methods Such As Bank Transfer, A Range Of E-wallets And Card Payments. Surprisingly, There Are No Fees For Either Deposits Or Withdrawals From TeraFX.