TERRAIN CAPITAL MARKETS LIMITED Review

About TERRAIN CAPITAL MARKETS LIMITED

Terrain Capital Markets Limited is listed with Australian Financial Services Licence (AFSL) number 240284, issued on February 15, 2004, with authority to provide advice and deal in various financial products—including basic and other deposit products, certain derivatives, government debentures, managed investment schemes (excluding IDPS), and securities—to wholesale clients only. The license explicitly covers issuing, applying for, acquiring, varying or disposing of financial products on behalf of others, in addition to underwriting securities and managed investment schemes. The licensee’s address is in Victoria, Richmond, VIC.

A UK-registered entity named TERRAIN CAPITAL MARKETS LIMITED (company number 13499143) was incorporated on July 7, 2021, but subsequently was subject to a compulsory strike-off, with a GAZ1 notice issued on September 27, 2022, and final gazette dissolution on January 3, 2023.

The domain tercmarkets.com associated with this broker was reported as unregulated, lacking any verifiable regulatory credentials, and classified as “SCAM” by a third-party reviewer; BrokersView noted its website went offline as of July 8, 2022.

Who it’s for

• Wholesale clients in Australia seeking services in financial product advice or dealing (across specified asset classes) under an AFSL regime.

Pros and cons

Pros

• Holds a valid AFSL (240284), permitting regulated financial services to wholesale clients in Australia.

Cons

• The UK-incorporated entity was dissolved via compulsory strike-off in early 2023.
• Domain tercmarkets.com is unregulated and labeled as scam by independent reviewer; website was inactive since mid‑2022.