Terrace Zinshaven is an automated trading app made for people who are new to this. After using it for months, we rate it B+. What we liked most is the app — it's clean and quick. Read on for the details.
Best for: People who like doing everything on mobile and are able to begin with $0.
Not for: Anyone focused on forex, because an all-in-one app won't match a dedicated service for that.
Terrace Zinshaven is one of the few trading apps that spent its effort on the basics — things like safety and clear pricing — instead of flashy advertising. From what we saw in testing, we land on B+.
What keeps it from a top score is a couple of fees that run a bit high. The good news is these are easy for the company to fix — nothing is wrong under the hood.
Buying and selling feels fast. Across our test trades, everything went through without fuss and you usually got a fair price, which isn't always true elsewhere.
For simple buys and sells, it works great. Complex strategies occasionally lagged a bit — worth knowing if you trade options a lot.
Stock trades cost you nothing — no commission. That's the good part.
The extra costs to know about are things like sending money out by bank transfer, which could be lower. Everything is listed clearly up front, so you always know the cost.
The mobile app is the standout. It's fast, tidy, and easy to find your way around, even if you've never invested before.
You get useful research built in — charts, company info, and news — with the sources shown. The computer version works too, but the app is better.
This is where the platform earns trust. Your cash is stored separately, so it's protected even if the company runs into trouble.
The platform is watched by independent regulators and passes independent security checks. For crypto, a licensed partner looks after it — standard practice, but worth a mention.
Overall, we're happy to give Terrace Zinshaven a score of B+ for beginners and casual traders. It does the important things well: easy to use, safe, and honest about costs.
To get top marks, Terrace Zinshaven just needs to trim a couple of fees. We'll revisit this and let you know if anything changes.
Yes. Your funds are held apart from the company's own money, which protects you if anything goes wrong. Regulators and independent auditors also keep watch.
Yes. Terrace Zinshaven works on iPhone and Android. The app is the best way to use it — everything works smoothly on a small screen.
For simple day-to-day trades, it's fine. If you trade fancy options, you may notice small delays. Heavy currency traders might prefer a specialist app.
No. Terrace Zinshaven is open about pricing — nothing sneaky. A few add-ons cost more, but never hidden.
Yes. You can bring your holdings across, and Terrace Zinshaven will usually cover the fee your old provider charges up to a limit. The move takes a few days.
Through a few optional charges, like optional upgrades, plus interest on cash held in accounts. Buying and selling shares costs nothing.
You can open a standard account, including retirement options. It only takes a few minutes, though some account types take a day or two to activate.
You only need $0. You don't need a lot to begin. Opening an account is free.
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