Terra Trade: reviews: choosing the right broker Automatic translate
The international broker Terra Trade relies on customer service. And here they are trying to take into account the interests of different categories of traders and investors. And if we draw conclusions from the reviews about Terra Trade, then the company succeeds very well. In addition, the broker has been on the market for a long time, which removes the question of reliability. Therefore, at first glance, it seems that Terra Trade is the right choice. But in order to know this for sure, it is worth going through its key aspects of work.
Terra Trade reviews: what they say about the broker
The current instability has shown which brokers should be trusted. And judging by the reviews of Terra Trade, this is just one of such reliable platforms. No sanctions have been imposed here and there are no plans to do so. Therefore, buying and selling foreign assets, making good money, is not a problem.
It is not difficult to find and independently study reviews about Terra Trade to make sure of this. To get started, you can take a look here:
- Rucoins ;
The authors of Terra Trade reviews testify to a number of competitive advantages that this company has. Namely:
- work in the legal field of each region where the broker is registered or represented;
- placement of accounts with clients’ capital exclusively in reliable A-class banks;
- own trading terminal, which is provided free of charge;
- low costs (there are no commissions for money transfers, spreads are narrow, trading fees are insignificant);
- high-precision trading signals (free);
- training under the personal supervision of an experienced analyst (free of charge);
- competent support with the provision of a personal manager.
In addition, it will become obvious to any person who bothers to read Terra Trade reviews that the majority of customers are very satisfied with their choice.
How to open an account?
It is extremely easy to do this. The first step is to open the official website of Terra Trade in the browser. It’s easy to find a large registration button on the main page. By clicking on it, the new user will see a concise profile. All you need to do is enter your first and last name, email/phone number, and country of residence. After that, you need to come up with a password more difficult and click the button to continue registration. Although in fact it will already be completed, and the new user will immediately be moved to his personal space on the site.
Then you need to make your first deposit, which activates the account. Depending on the amount on the account, you can get the status:
- Standard - from 100 dollars.
- Premium - from $5000.
- VIP - from $50,000.
For deposits and withdrawals use:
- Visa/Mastercard cards - instant crediting;
- cryptocurrencies - waiting for a deposit of 1-5 minutes, depending on the load on the network;
- direct transfer by details - up to 3 banking days.
It will take more time to remove. According to the regulations, the maximum withdrawal period will require up to 3 business days. And first you will need to verify your account. This is not a requirement of Terra Trade, but of regulators. Because those need to be sure that the person who created the account and who receives the withdrawn profit is one and the same person. Verification instructions are available in your personal account. And there’s nothing complicated. It is enough to send a copy of one of the scanned or photographed documents for verification. Usually a passport is used for this purpose, and it is quite enough.
Assets and Markets
Terra Trade provides access to many different markets and a huge range of financial instruments. Today their number has reached 200. And this list is slowly but surely expanding. Conventionally, all trading instruments can be divided into two broad categories. The first is pairs of the spot Forex currency market. The second one is CFD contracts. Thanks to this mechanism, cryptocurrencies, metals, stocks, indices, oil, etc. become available for profit. And if the trader does not own a large deposit, then this does not matter, since leverage up to 1:100 is available for earnings.
A wide range of markets makes it easy to find assets for specific needs. For example, you can choose instruments with the desired volatility indicator, the nature of the movement, etc. Well, or simply those that are ready to respond with a powerful trend to the release of some strong news.
Trades mainly take place in the Terra Trade online platform of its own design. But there is also an option to download the software on a PC or an application on a mobile device. The software package contains a special bridge that connects the broker’s clients with the world’s best liquidity providers.
The terminal has a simple interface. And this should definitely be appreciated by beginners, who will not have the feeling that they were seated at the helm of an aircraft. Despite its simplicity, the platform contains all the necessary markup tools, indicators for technical analysis, and an economic calendar for tracking news releases.
It should also be noted that directly below the chart you can see all open and closed transactions. Orders are placed both by the market and by limit, that is, pending orders.
Terra Trade Recommendations
In itself, the use of signals by experienced investors is not new. Today, they are often used in making trading decisions. And there are even many different types of services that offer one way or another to earn money in a fully automated or semi-passive mode. And most of them are paid, and sometimes they are very expensive. In the case of Terra Trade, you do not need to pay anything!
How it works? Terra Trade has its own analytical department. Qualified traders work here. And they spend their days looking for potentially profitable entry points for short-term speculation. They just share their best practices with every Terra Trade client who wants it. Signals received by users contain the following information:
- the name of the asset;
- direction – buy/sell;
- entry price;
- levels of profit/loss fixation;
- additional comments: moving the stop to breakeven.
Moreover, analysts each time remind of the importance of risk control. And they advise not to raise the risk above the bar of 2-5% of the account amount even when accelerating the deposit. Because in trading, losses are part of the process. Accordingly, you need to be ready for a series of stop losses. And it is important that before such a series ends, the account does not suffer serious losses. Then it will not be difficult to restore it and enter the positive zone.
After getting acquainted with the features of the broker, everyone will understand that Terra Trade is at least worth looking at. The company operates in the legal field, offers a high-quality platform, a wide range of assets and comfortable conditions for earning. Combined with low minimum deposit requirements and support for micro lot trading, even beginners will feel good here. Well, in conclusion, I would like to ask those who are already working here or will start trading in the near future, do not forget to leave relevant reviews about Terra Trade.
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