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.

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