Based on the game requirements, your hardware should be capable of running this game but this does not necessarily means that the game is compatible with the HD 5500 Graphics Controller.
I would like to get more information about the system configuration you have so can you please post here your system information report?
How to get it?
System Information: Click Start> Type System Information> Click File> Export> Save File> Attach using Advanced Editor Options.
Also, can you tell me what is the game version/patch? As much as possible, provide me with a link to get a DEMO so I can try it from my side.
Sorry for late reply!
I'm currently running Terraria with it's latest update (184.108.40.206) via Steam. As for a demo, I'm not sure if one exists (especially one updated to 220.127.116.11) so I hope that won't hinder you as much. Also, I've included another txt file that was exported from dxdiag hoping that it'd prove to be of some aid some time later
This information is intended to all Windows 10 users that are experiencing issues with a supported Intel® Graphics Controller (supported graphics)
Re: -NEW- Intel® Iris™, Iris™ Pro, and HD Graphics Production Driver for Windows* 10 64-bit 18.104.22.168.4256
See post # 93