Table of Contents
Introduction
Tierra500 has been an established brokerage firm in the online trading industry for several years. That has enabled it to develop and maintain a significant presence in numerous local and international markets. Tierra500 is an excellent platform for traders and investors who demand flexibility and unrestricted access to diverse needs. However, it also needs to be improved in some areas you may want to know before joining the platform.
Pros
- Broader market access
- Superior trade execution
- Vast product offerings
- Excellent customer support
Cons
- The mobile app is still in the development stage
- Complex pricing
H2: Pros Explained
Broader market access
Tierra500’s established reputation has allowed it to develop a vast network of market centers worldwide. It will enable traders and investors access to more than 150 domestic and foreign markets, including electronic exchanges across over 70 countries worldwide.
Superior trade execution
Tierra500 uses a proprietary order routing technology that spreads orders across various market centers. Then, it executes the trades at the best available prices in the market automatically.
Vast product offerings
Tierra500 boasts one of the most robust investment portfolios in the industry that targets both retail traders and institutional investors. Its product offerings comprise a vast selection of conventional and new asset classes and other unique investments with fixed returns.
Excellent customer support
Tierra500 also boasts highly reliable and top-notch customer services, delivered via multiple channels, including phone, email, messaging, and online chats. Their staff is friendly and well-trained to ensure timely and satisfactory customer support.
Cons Explained
Mobile app is still in the development stage
Tierra500 says its mobile app is still developing, but it currently has desktop and web-based versions that you can use to open an account and invest.
Complex pricing
Like on other brokerage platforms, trading on Tierra500 also comes with different fees and commissions. However, they have relatively sophisticated pricing mechanisms that could be clearer to beginners and casual traders.
Usability and Trading Technology
Tierra500’s usability is generally easy and seamless on the desktop and web versions. The process of creating an account is the same across all the platforms. Besides, Tierra500 has designed the platforms with similar features that ensure easy navigation for all users. The desktop and web versions integrate various pre-built and customizable tools that enable you to personalize trading activities.
Tierra500’s proprietary order routing software is one of the key highlights of its trading technology. The software routes trade to numerous market centers and automatically executes each order at the best market price. That ensures more convenience and the best price executions.
Tierra500 desktop and web platforms provide various fundamental and technical tools tailored to the needs of international traders. The customizable menus allow you to personalize the tools and view them to your needs and preferences. Tierra500’s users also have access to charting, trading idea generators, portfolio analysis, screeners, calculators, research, multi-leg options, news, and live data streaming.
Products
Tierra500 is an excellent platform for traders and investors who need access to diverse domestic and international assets. Its product offerings comprise a more comprehensive selection of typical assets and other unique investments with high growth potential. Here is a rundown of their product offerings.
| Stocks | ETFs | Options |
| Bonds | Crypto | Futures |
| Mutual Funds | Forex | Commodities |
Costs
Tierra500 has zero account minimums and allows no online stock trading commissions. It has also eliminated account inactivity, checking, and account closure fees. However, other transactions attract different commissions and margin interest rates that may also change over time. Thus, you should carefully read Tierra500’s pricing policy and fee schedule on their website to determine the exact costs before making any investment.
Customer Support
Tierra500’s clients can interact with their customer support staff 24/7 through phone, email, messaging and online chats. Besides, the broker has chatbots and a FAQ page to help you to find instant answers to various common questions about online investing.
Who Tierra500 Is Best for
Tierra500 offers dual trading platforms, robust investment products, and excellent customer service, with a greater emphasis on broader market access. Overall, Tierra500 is a comprehensive platform with something for every forward-thinking international trader and investor. However, it best suits active institutional investors who demand unrestricted access to diverse global assets and markets. Nevertheless, contact this broker for more information.
Disclaimer: This is a sponsored marketing content.