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TeraFX Forex Broker keeps up-to-date with the latest trading account information, including maximum leverage of , trading varieties, and more

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TeraFX Account Types

  TeraFX offers five different account types designed to meet the needs of various traders:

  • Starter Account
    • Minimum Deposit: $100
    • Leverage: Up to 1:30
    • Commission: Zero
    • Average Cost per Round Lot: Approximately $20
    • Number of Tradable Instruments: 82
    • Base Currencies: USD, EUR, GBP, PLN
    • Premium Account
      • Minimum Deposit: $100
      • Leverage: Up to 1:30
      • Commission: Zero
      • Average Cost per Round Lot: Approximately $6
      • Number of Tradable Instruments: 147
      • Base Currencies: USD, EUR, GBP, PLN
      • ECN Account
        • Minimum Deposit: $100
        • Leverage: Up to 1:30
        • Commission: Starts from $7 per lot
        • Average Cost per Round Lot: Approximately $16
        • Number of Tradable Instruments: 82
        • Base Currencies: USD, EUR, GBP, PLN
        • Pro Account
          • Minimum Deposit: $100
          • Leverage: Up to 1:200
          • Commission: Available on-demand
          • Number of Tradable Instruments: All symbols except micro symbols
          • Base Currencies: USD, EUR, GBP, PLN
          • Corporate Account
            • Minimum Deposit: Contact customer service for details.
            • Leverage: Varies based on corporate requirements.
            • Commission: Depends on trading conditions.
            • Base Currencies: USD, EUR, GBP, PLN

              

            TeraFX Broker Account Opening Process

              Opening a trading account with TeraFX is straightforward and can be completed in a few simple steps:

            • Visit the TeraFX Website: Navigate to the official TeraFX website.
            • Click on "Open Live Account": Find and click the option to open a live account.
            • Fill Out the Application Form: Provide your personal details, including your name, email address, and phone number.
            • Verify Your Identity: Complete the KYC (Know Your Customer) process by uploading proof of identity and residence.
            • Account Approval: Wait for the account to be approved, which can take up to 1-3 days.
            • Deposit Funds: Once approved, deposit the minimum required amount ($100) to start trading.
            •   For further information on the account types and opening process, you can refer to the following sources:

TeraFX accounts can be viewed for products that can be traded Precious Metals, Indices, Currency Pairs, Commodities, Cryptocurrencies, Premium Neex accounts with a minimum deposit of by (2+) bank transfer.