Terra Trade: reviews: choosing the right broker Automatic translate
International broker Terra Trade focuses on customer service. Moreover, they are trying to take into account the interests of different categories of traders and investors. And if we draw conclusions from reviews of Terra Trade, then the company succeeds very well. In addition, the broker has been on the market for quite a long time, which eliminates 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’s worth going through its key aspects of work.
Reviews of Terra Trade: what they say about the broker
The current instability has shown which brokers are worth trusting. And judging by the reviews of Terra Trade, this is just one of such reliable platforms. No sanctions have been introduced here and there are no plans to do so. Therefore, buying and selling foreign assets, making good money, is not a problem.
It’s not difficult to find and study reviews about Terra Trade yourself to make sure of this. To get started, you can look here for this purpose:
- Rucoins ;
- solarcoin;
- Reddit;
- Rusvest.
The authors of reviews of Terra Trade 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;
- placing accounts with clients’ capital exclusively in reliable A-class banks;
- own trading terminal, which is provided free of charge;
- low level of costs (no commissions are charged for transferring money, spreads are narrow, trading fees are insignificant);
- highly accurate trading signals (free);
- training under the personal supervision of an experienced analyst (free);
- competent support with the provision of a personal manager.
In addition, it will become obvious to anyone who bothers to read reviews about Terra Trade that the majority of clients are very satisfied with their choice.
How to open an account?
This is extremely easy to do. The first step is to open the official Terra Trade website in your browser. It is easy to find a large registration button on the main page. By clicking on it, a new user will see a laconic questionnaire. All you need to do is indicate your first and last name, as well as your email/phone number and country of residence. After this, you need to come up with a more complex password and click the continue registration button. Although in fact it will already be completed, and the new user will immediately be moved to his personal space on the site.
You are then required to make your first deposit, which will activate your account. Depending on the amount in 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 enrollment;
- cryptocurrencies – waiting for a deposit 1-5 minutes depending on the network load;
- direct transfer using bank details – up to 3 banking days.
Removal will take longer. According to the regulations, the maximum withdrawal period will require up to 3 working days. And first you will need to verify your account. This is not a requirement of Terra Trade, but of regulators. Because they need to be sure that the person who created the account and who receives the withdrawn profit is the same person. Instructions for completing verification are available in your personal account. And there’s nothing complicated there. 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 sufficient.
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 large categories. The first is the pairs of the spot Forex currency market. The second is CFD contracts. Thanks to this mechanism, the following become available for profit: cryptocurrencies, metals, stocks, indices, oil, etc. And if the trader does not have a large deposit, then it 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 select instruments with the desired volatility indicator, movement pattern, etc. Well, or simply those that are ready to respond with a powerful trend to the release of some strong news.
Trading software
Trading primarily takes place on the proprietary Terra Trade online platform. But there is also the 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 controls of an airplane. 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 on the market and by limit orders, that is, pending orders.
Terra Trade recommendations
The use of signals by experienced investors in itself is not new. Today they are often used when 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 very expensive. In the case of Terra Trade, you don’t 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 share their experience with every Terra Trade client who wants it. Signals sent to users contain the following information:
- asset name;
- direction – buy/sell;
- entry price;
- profit/loss fixation levels;
- additional comments: moving the stop to breakeven.
Moreover, analysts every time remind us of the importance of risk control. And they advise, even when accelerating the deposit, not to raise the risk above the level of 2-5% of the account amount. Because in trading, losses are part of the process. Accordingly, you need to be prepared for a series of stop losses. And it is important that before such a series ends, the score does not suffer serious losses. Then it will not be difficult to restore it and enter the positive zone.
Review results
After getting acquainted with the features of the broker’s work, everyone will understand that Terra Trade is at least worth taking a closer look at. The company operates in a legal framework, offers a high-quality platform, a wide range of assets and comfortable conditions for earning money. Combined with low minimum deposit requirements and support for microlot 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 current reviews about Terra Trade.
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