The Future is Now
Whether you are new to the world of online trading or an experienced professional, you would have definitely come across the term, “Cryptocurrency”.
Regardless of how much returns you are able to generate with traditional stocks, forex or indices, Crypto appeals to even the most sceptical traders.
The ability to build your own digital wallet is just within reach with the presence of online brokers and trading platforms. But, who do you trust? The growth of crypto also spurred the parallel growth of digital scams. Hence, one must be careful while choosing a broker online.
Terra Markets
Formed in 2009, Oslo based Terra Markets deals exclusively in Cryptocurrency. With a trading platform that is built around the user’s experience, Terra Markets aims for all its clients to get the best of the crypto trading world.
Terra Markets at a glance
| Features | Details |
| Minimum Account Balance | You need at least £10,000 to set up an account |
| Guaranteed Returns | Range between 2% to 5% |
| Number of cryptocurrencies | A range of cryptocurrencies are available including Bitcoin and Ethereum. |
| Website Transparency | Website is very informative |
| Mobile Application | Two highly rated apps for iOS and Android |
| Customer Service | Email and Telephone support available 24/7 |
More Details about Terra Markets
Regulation
Terra Markets is tightly regulated by the UK’s Joint Laundering Steering Group. They strictly follow Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (CFT) regulations. Hence, your funds will never end up in the wrong hands or be used towards financing illegal activities worldwide.
Platform
Terra Markets ( terra-markets.com ) utilizes two different platforms. A web browser-based platform for your desktop or tablet PC and their Mobile application, downloadable for iOS and Android. They understand that every client has unique needs, therefore, users can decide which platform they prefer. The web platform is user friendly and easy to understand. Similarly, their mobile application is simple and quick to use. However, the mobile application does come with the downsides of clogging your phone’s storage and draining your battery. Whereas for the web-based platform you will require a web browser to log in.
Trading Accounts
Terra Markets offer five different types of trading accounts, each suited to unique client needs.
The downside is you need atleast £10,000 to set up an account.
Additional Features
Safe and Secure
With Terra Markets, security of user information and funds is at the heart of their existence. Therefore, your data will never be sold to third parties and end to end encryption ensures your privacy is maintained at all times.
Margin Funding
Terra Markets allows liquidity providers to generate yields by providing funding to traders in need of leverage.
Margin Trading
With provision of access to peer-to-peer funding to all its clients, Terra Markets allows up to 5x leverage on trades.
Exchange
Terra Markets offers order books with top tier liquidity, allowing clients to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO and various other digital assets.
Customizable Interface
Clients have the freedom to organize their workspace according to their own needs. They offer the freedom to choose layouts and themes as you see fit. Furthermore, you can set up notifications.
Order types
Terra Markets offers a variety of order types to give traders the tools they need for every scenario using advanced Algorithims.
Final Verdict: Where Terra Markets Shines and Where it Falls Short
Best features
Terra Markets is overall a great platform for investors seeking to maximize the value of their savings within cyrptocurrency. Their five different types of accounts based on individual investment needs. Clients have the freedom to choose between a using their platform on Desktop, Tablet or Mobile or even all three!
Furthermore, guaranteed returns accompany every trading account. So, you can easily generate a minimum 2% return on your investment for sure.
Similarly, as you level up to their Gold and VIP accounts, you get additional features such as a personal expert broker and accountant. Also, Gold and above customers get exclusive access to DAV project, which is not easy in the world of crypto.
Downsides
You need at least a minimum investment of £10,000 which may not make Terra Markets suitable for small investors seeking to enter the world of Crypto. Further, the basic account type (Green Account) doesn’t offer insurance recovery so the risks of trading at that level are elevated.
Overall
Terra Markets may seem to be a pricey platform but comparing it with other Cryptocurrency providers, it seems to be a reasonable choice. Your data and funds are secure and you have access to all Cryptocurrencies under one platform. Get started with Terra Markets today.
