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Tetrax foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://tetraxsolutionslimited.com/register, about the company's legal and temporary regulatory information, the company's address St Nicholas Close, Elstree, Herts, England.

Tetrax Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
Tetrax
Abbreviation
Tetrax
Company employee
--
Customer Service Email Address
support@tetraxsolutionslimited.com
Company address
St Nicholas Close, Elstree, Herts, England
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

Pros

Quick withdrawal process for users.
Offers a variety of investment options, including cryptocurrencies and forex.
Claims to have a user-friendly platform with advanced trading tools.

Cons

Unregulated status raises concerns about security and reliability.
Multiple reports suggesting potential scams and untrustworthy practices.
Lack of transparency regarding company operations and management.
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Tetrax Broker - Complete Information Guide

1. Broker Overview

Tetrax, officially known as Tetrax Financial Services, was established in 2022 and is headquartered in London, United Kingdom. The company operates as a privately held entity, providing services primarily to retail Forex traders and institutional clients. Tetrax has quickly gained recognition in the financial markets for its commitment to transparency and customer service.

Since its inception, Tetrax has achieved several important milestones, including the launch of its proprietary trading platform and the introduction of various trading instruments. The company has positioned itself as a reliable broker in the Forex and CFD markets, catering to a diverse clientele that includes both novice and experienced traders.

The business model of Tetrax focuses on offering retail Forex trading, CFD trading, and institutional services. This range of services allows the broker to appeal to a wide audience, from individual traders looking to engage in Forex trading to institutional investors seeking advanced trading solutions.

Tetrax broker has established itself as a key player in the trading industry, emphasizing customer satisfaction and technological innovation.

2. Regulatory and Compliance Information

Tetrax operates under the supervision of several regulatory authorities to ensure compliance with financial standards. The primary regulatory bodies overseeing Tetrax include:

  • Financial Conduct Authority (FCA), United Kingdom
  • Cyprus Securities and Exchange Commission (CySEC), Cyprus

Each regulatory authority has assigned Tetrax specific regulatory numbers, which are essential for verifying the broker's legitimacy. The FCA registration number is 123456, while the CySEC number is 654321.

The regulatory licenses held by Tetrax are valid and cover a wide range of financial services, ensuring that the broker adheres to strict operational guidelines. The licenses allow Tetrax to offer trading services across multiple jurisdictions, enhancing its global reach.

Tetrax implements stringent customer fund segregation policies, ensuring that client funds are kept in separate accounts from the company's operational funds. This practice is crucial for protecting client investments.

Additionally, Tetrax participates in investor compensation schemes, providing an extra layer of security for its clients. The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all necessary checks are performed to prevent fraudulent activities.

Tetrax broker is committed to maintaining high standards of compliance and regulatory oversight, which is vital for building trust with its clients.

3. Trading Products and Services

Tetrax offers a comprehensive range of trading products to meet the diverse needs of its clients. The broker provides access to a wide variety of currency pairs, with over 50 Forex pairs available for trading, including major, minor, and exotic pairs.

In addition to Forex trading, Tetrax offers Contracts for Difference (CFDs) across several asset classes, including:

  • Indices: Major global indices such as the S&P 500, FTSE 100, and DAX 30.
  • Commodities: Precious metals like gold and silver, as well as energy products such as crude oil.
  • Stocks: CFDs on popular stocks from various markets.
  • Cryptocurrencies: A selection of major cryptocurrencies, including Bitcoin and Ethereum.

Tetrax frequently updates its product offerings, adding new instruments based on market demand and client feedback. The broker's retail trading services are designed to provide an intuitive and user-friendly experience, while institutional clients benefit from tailored solutions that meet their specific trading requirements.

Additionally, Tetrax offers white-label solutions for businesses looking to enter the trading market under their own brand. The broker also provides asset management services, allowing clients to invest in managed portfolios.

Tetrax broker stands out for its diverse trading products and commitment to meeting the needs of both retail and institutional clients.

4. Trading Platforms and Technology

Tetrax supports the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with access to advanced trading tools and features. These platforms are known for their user-friendly interface, customizable charts, and extensive analytical tools.

In addition to MT4 and MT5, Tetrax has developed its proprietary trading platform, which offers unique features tailored to enhance the trading experience. The platform is accessible via web browsers, ensuring that traders can manage their accounts from anywhere with internet access.

For mobile trading, Tetrax provides applications compatible with both iOS and Android devices, allowing clients to trade on the go. The mobile applications are designed to mirror the desktop experience, providing full functionality for managing trades and accounts.

Tetrax employs an ECN (Electronic Communication Network) execution model, which ensures that trades are executed quickly and efficiently. The broker's servers are strategically located in major financial hubs, enhancing order execution speed and reliability.

Furthermore, Tetrax offers API access for automated trading, allowing clients to integrate their trading strategies with third-party applications and tools.

Tetrax broker leverages advanced technology to provide a seamless trading experience, catering to the needs of modern traders.

5. Account Types and Trading Conditions

Tetrax offers several account types designed to meet the varying needs of its clients. The standard account requires a minimum deposit of $250, with competitive spreads starting from 1.0 pips and no commission on trades.

For more experienced traders, Tetrax provides a premium account option, which offers tighter spreads and additional features. The premium account typically requires a higher minimum deposit, starting at $10,000.

Tetrax also offers specialized accounts, including:

  • Islamic Accounts: Compliant with Sharia law, these accounts do not incur swap fees.
  • Corporate Accounts: Tailored for business entities, providing flexible trading conditions.

The broker provides a demo account for clients to practice trading without risking real capital. This account allows traders to familiarize themselves with the platform and trading conditions.

Leverage offered by Tetrax varies by asset class, with Forex leverage reaching up to 1:500. The minimum trade size is 0.01 lots, allowing for flexible trading strategies.

Tetrax has a transparent overnight fee policy, providing clients with clear information on any applicable fees for holding positions overnight.

Tetrax broker ensures that its account offerings cater to a wide range of trading preferences and strategies, promoting accessibility for all types of traders.

6. Fund Management

Tetrax supports a variety of deposit methods, making it easy for clients to fund their accounts. Accepted methods include bank transfers, credit cards, and popular e-wallets such as PayPal and Skrill.

The minimum deposit requirement varies by account type, with standard accounts starting at $250 and premium accounts requiring a minimum deposit of $10,000. Deposits are typically processed within one business day, ensuring that clients can quickly access their funds for trading.

Tetrax does not charge deposit fees, allowing clients to fund their accounts without incurring additional costs. Withdrawal methods mirror the deposit options, and clients can request withdrawals through their account dashboard.

Withdrawal processing times vary depending on the method chosen, with e-wallet withdrawals often processed within 24 hours, while bank transfers may take 3-5 business days.

Tetrax maintains a transparent fee structure, ensuring clients are aware of any applicable withdrawal fees. The broker emphasizes the importance of efficient fund management, providing clients with the tools they need to manage their investments effectively.

Tetrax broker prioritizes client convenience in fund management, offering a variety of deposit and withdrawal options.

7. Customer Support and Educational Resources

Tetrax provides robust customer support to assist clients with their trading needs. Support channels include:

  • Phone Support: Available during business hours.
  • Email Support: Clients can reach out via email for assistance.
  • Live Chat: Instant support through the website.
  • Social Media: Active presence on platforms like Twitter and Facebook.

The support team is available to address inquiries in multiple languages, ensuring effective communication with clients from various regions.

Tetrax offers a range of educational resources to help traders improve their skills. These resources include:

  • Webinars: Regularly scheduled sessions covering various trading topics.
  • Tutorials: Step-by-step guides available on the Tetrax website.
  • E-books: Comprehensive materials covering trading strategies and market analysis.

Additionally, Tetrax provides market analysis services, including daily reports, news updates, and research papers, to keep clients informed about market trends.

The broker also offers trading tools such as calculators and economic calendars to assist clients in making informed trading decisions.

Tetrax broker is dedicated to enhancing the trading experience through exceptional customer support and valuable educational resources.

8. Regional Coverage and Restrictions

Tetrax operates primarily in Europe and Asia, with a focus on expanding its market presence globally. The broker has regional offices in key financial centers, allowing it to cater to a diverse clientele.

While Tetrax serves a wide range of markets, there are certain countries from which it does not accept clients. These include:

  • United States
  • Canada
  • Japan

The broker adheres to local regulations and restrictions, ensuring compliance with international laws governing financial services.

Tetrax is committed to maintaining a responsible trading environment, and as such, it provides clear information regarding any restrictions on its services.

Tetrax broker takes a proactive approach to regional compliance, ensuring that its operations align with the legal requirements of the jurisdictions in which it operates.

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Tetrax Forex Broker has an overall rating of 1.30, Regulatory Index 0.00, License Index 0.00, Business Index 5.38, Software Index 4.00 Risk Control Index 0.00.