AbstractA new kind of square lattice porous core microstructure fiber is proposed for promising low loss terahertz applications. To analyze the guiding characteristics of proposed fiber Finite Element Method (FEM) based Comsol V4.2 software is used. The proposed fiber structure is very simple and easy to realize. The numerical results ensures that this proposed microstructure fiber exhibits low effective absorption loss of 0.06 cm^–1, low confinement loss of 9.2 × 10^–3 cm^–1, low bending loss of 8.8 × 10^–9 dB/m, and very high power fraction of 47% through the core at 1 THz simultaneously. Moreover, our proposed fiber offers very low dispersion variation of 0.85 ± 0.12 ps/THz/cm over a wide range of frequency from 0.7 to 1.15 THz. The investigated results indicates that this fiber will be a good candidate in terahertz signal transmission as well as different terahertz devices.