Reported Website: https://www.tercmarkets.com/en/
TERRAIN CAPITAL MARKETS LIMITED claims it is a reliable broker while presenting neither its regulations nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking the above information may be a distinct characteristic of unlicensed brokers, as legit brokers always display their credentials and licenses in a prominent position. It is a red flag here. Viewing its “Contact” information, we found this broker is located in the United Kingdom. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator – FCA. However, we did not find any match results to TERRAIN CAPITAL MARKETS LIMITED in FCA. That means TERRAIN CAPITAL MARKETS LIMITED is not regulated by any regulators. Investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam.
