Tera Financial

General information and regulations of Tera Financial

Tera Financial is an online company dedicated to a series of financial services. Its registered in United Kingdom with no effective regulation for now.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

Market instruments

Equities, fixed income, futures, options, forex and CFDs .....Tera Financial allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Tera Financial.

Spreads and commissions for trading with Tera Financial

Tera Financial does not detail on its website additional trading costs such as spreads, commissions, SWAPs, etc. These costs are very important when calculating profits and losses, and should be considered in aggregate and not chosen in isolation. If you want to trade with Tera Financial, we recommend that you take the time to calculate these transaction costs.

Account Types for Tera Financial

Tera Financial does not provide account information. Generally, Forex brokers offer several different levels of real accounts with different trading conditions (leverage, spreads, commissions, etc.) depending on the minimum deposit amount. In addition, many brokers offer demo accounts, where interested parties can trade without incurring real money losses. Due to the law prohibiting interest in the Islamic region, some brokers also offer Islamic accounts without overnight interest charges.

Trading platforms offered by Tera Financial

As for the trading platform, Tera Financial provides its clients with many options. There are public platforms such as MT5 and MT4 that have served many clients worldwide, also Tera Financial's own platforms. If you didn't want to spend time familiarizing yourself with a new platform, you could choose MT5 and MT4. But Tera Financial's own platform provides better compatibility with businesses, as they are specially developed and customized platforms. The choice is yours.

Leverage offered by Tera Financial

You can't find information about trading leverage on Tera Financial's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

Tera Financial is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

There is no education section on the Tera Financial website. Many brokers are able to provide a variety of educational resources such as video courses, seminars, e-books, related articles, glossaries that provide some basic knowledge about trading. This is not the case with Tera Financial.

Customer support of Tera Financial

Below are the details about the customer service.

Language(s): English

Email: info@terafinancial.co.uk

Phone Number: +44(0)203 048 4764

Address: Office 701, One Canada Square Canary Wharf, London, E14 5AA

Users exposures on WikiFX

On our website, you can see that some users have reported scams. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.

Advantages and disadvantages of Tera Financial

Advantages:

MT4, MT5

Many instruments available

Disadvantages:

Complaints

No effective regulation

Few information available

Frequent asked questions about Tera Financial

Is this broker well regulated？

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.