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TeraFX Review
TeraFX rebranded to Gildencrest Capital in February 2024. Both names share FCA reference 564741, but the old TeraFX websites no longer work.
Min Deposit
$100
Spreads From
Reported from around 1 pip on Starter accounts, not clearly disclosed on the current site
Max Leverage
1:30 for retail clients, up to 1:500 for professional clients
Platforms
MetaTrader 5
Pros
- FCA regulated under reference 564741, the same number used since 2012
- Clear current entity to follow up with, Gildencrest Capital Limited
- Offers the widely used MetaTrader 5 trading platform
- Based in Canary Wharf, London, with a real registered office
Cons
- The original terafx.com and terafx.co.uk websites no longer work
- Gildencrest Capital does not clearly explain its TeraFX rebrand history
- Independent reviewers say the site leaves out details like leverage and trade sizes
- Old TeraFX reviews online no longer reflect the current Gildencrest entity
TeraFX was a London CFD broker regulated by the FCA. In February 2024 its licensed company changed its name from Tera Europe Limited to Gildencrest Capital Limited, and the brand moved to a new website. The old terafx.com and terafx.co.uk domains no longer load.
The FCA register confirms Gildencrest Capital Limited holds reference number 564741, the same number TeraFX used, and has been authorised since 2012. Companies House lists the entity under number 07604372. Gildencrest Capital now operates from Canary Wharf in London and offers MetaTrader 5.
Gildencrest Capital's own website does not clearly explain its TeraFX history, so past TeraFX clients may not realise where their old broker went. Readers looking for TeraFX today should treat Gildencrest Capital Limited as the real successor, and check its current terms directly.
Min. Deposit
USD 100
Max Leverage
1:30 for retail clients, up to 1:500 for professional clients
Spreads From
Reported from around 1 pip on Starter accounts, not clearly disclosed on the current site
Platforms
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
