TeraFX does not offer any type of broker bonus, promotion, or rewards to its new and existing clients. This includes a sign-up bonus or other incentives, such as trading bonuses.
TeraFX at a Glance
| 🔎 Broker's Name | TeraFX |
| 🏛️ Headquartered | London, England |
| 📅 Year Founded | 2011 |
| ⚖️ Regulating Authorities | FCA |
| 🌐 Countries not accepted for trade | United States |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | $100 / R 1611 |
| 💳 Deposit Options | Bank transfer, Credit card, Debit Card, E-wallets incl. Skrill, Sofort and UnionPay |
| 💳 Withdrawal Options | Bank transfer, Credit card, Debit Card, E-wallets incl. Skrill, Sofort and UnionPay |
| 💻 Platform Types | MetaTrader 4 |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, commodities, indices |
| 👨💼 Languages supported on Website | Multilingual |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit USD 100 Regulators FCA Trading Platform MT4 Crypto Yes Total Pairs 59 Islamic Account No Trading Fees Low Account Activation 24 Hours
Choose your quick section of our TeraFX Sign-Up Bonus below.
TeraFX Sign-up bonus – 8 key points quick overview:
TeraFX at a Glance- TeraFX Sign up bonus – 8 key points quick overview:
- TeraFX Sign-up Bonus
- TeraFX Referral Bonus
- TeraFX Additional broker bonuses, promotions, and rewards
- TeraFX Pros and Cons
- Conclusion
- Frequently Asked Questions
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
TeraFX Sign-up Bonus
TeraFX does not offer a welcome bonus to new traders who choose to register for a real account with the broker. This includes the provision of both deposit bonuses and no deposit bonuses.
TeraFX is extremely well-regulated by the Financial Conduct Authority (FCA), one of the most stringent and reputable regulatory agencies in the Forex industry, based in the United Kingdom.
The FCA has enacted a strict ban on the offering of broker bonuses by companies operating within its jurisdiction. This is as part of extended client protection measures, particularly against the losses incurred by overtrading for beginner and smaller retail traders.
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
However, traders actively seeking a broker which will offer a welcome bonus should look to non-EU-regulated entities at this stage.
TeraFX Referral Bonus
Referral bonuses allow existing traders of a given broker to earn greater rewards by referring a “friend” to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.
TeraFX does offer a referral bonus through its marketing affiliates program. A marketing Affiliate is the broker’s partnership program, which rewards the introduction of qualified clients by suitable parties.
The affiliate fee is a “one-off” per client and is determined based on the number of qualified clients introduced by an affiliate during the period.
TeraFX Additional broker bonuses, promotions, and rewards
As well as not offering a sign-up bonus, TeraFX does not offer any additional broker bonuses, promotions, or rewards to new traders or to its existing loyal customers. This includes such offerings as trading bonuses or cashback rewards.
As previously noted, the broker’s regulation by the Financial Conduct Authority (FCA) restricts it from offering such bonuses to its traders.
This is also likely because the broker chooses to focus on the strength of its offering alone to attract new clients and has already established itself as a leading player in the Forex industry.
Those traders seeking bonuses should look to non-EU-regulated brokers or to brokers who choose to use such promotions as part of their offering.
Min Deposit USD 100 Regulators FCA Trading Platform MT4 Crypto Yes Total Pairs 59 Islamic Account No Trading Fees Low Account Activation 24 Hours
TeraFX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated broker | No additional broker bonuses, promotions, or welcome bonus |
Conclusion
As an FCA-regulated broker, TeraFX does not offer any type of broker bonus, promotion, or rewards to its new and existing clients. This includes a sign-up bonus or other incentives, such as trading bonuses.
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Frequently Asked Questions
Does TeraFX offer a sign-up bonus?
No. First-time traders who open an account with ToreFX do not receive a sign-up bonus, welcome bonus, or deposit bonus.
Does TeraFX have a referral bonus?
Currently, this broker does not offer a referral bonus for recruiting new customers who open a live trading account with them.
Does TeraFX offer any additional bonuses, promotions, or rewards?
No, currently TeraFX does not have any bonuses, promotions, or reward offerings for loyal customers.
Does TeraFX offer any additional bonuses?
No, currently TeraFX does not have any bonuses, promotions, or reward
Does TeraFX have a loyalty program for traders?
Although TeraFX does not offer bonuses, rewards, promotions, or competitions traders should not be discouraged by this from registering for a real account
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