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TenkoFX Review

Broker Information Security Popularity Payment Spec Instruments Score
Security E
Popularity E
Payment A
Spec A
Instrument A
E
E
A
A
A
score 48
TenkoFX
  Regulation 20  
Belize Financial Service Commission (FSC)
  Security 63  
Established more than 10 years
  Instrument 91  
Forex
Crypto
Gold
  Platform 44  
MetaTrader 4
  Payment 92  
Credit/debit card
Crypto
FasaPay
Perfect Money
UnionPay
Qiwi
Wire
  Features 100  
PAMM
Bonus
Education
Automated trading
Manage
  Spec 100  
Hedging
Scalping
Leverage more than 1:500
Fixed Spread
Swap

💲 Min Deposit $10

Year Established 2011

💼 Regulation

💡 Min Position 0.01 lot

🌐 Website tenkofx.com

🌎 Country Belize

Max Leverage 1:500

👨‍💻 PAMM

📖 Free education

TenkoFX is a well-established broker since 2011. TenkoFX has a headquarter in Belize. TenkoFX to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by Belize Financial Service Commission (FSC) IFSC/60/349/TS/15.


Account Information

Apart from the forex demo account, this broker offers ECN, Crypto and STP. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by TenkoFX is up to 1: 500. Meanwhile, you can open an account with a starting capital of $10.

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Min Deposit

$10

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Max Leverage

1:500

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Spread

Variable and Fixed

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Commission

$4

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



💲 Min Deposit $100

💡 Min Position 0.1 lot

🔢 Spread Variable

📉 Scalping

🤖 Expert Advisors

💱 Hedging

🕛 Overnight interest rates (swaps)

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission $4

Instruments Traded

Besides lots of currency pair, TenkoFX also offers some instruments you would like to trade on, such as Forex, Gold & silver and CFD for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for ECN account, TenkoFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:200

Gold & silver

Gold & silver
1:200


💲 Min Deposit $10

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

💱 Hedging

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Instruments Traded

Besides lots of currency pair, TenkoFX also offers some instruments you would like to trade on, such as Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Crypto account, TenkoFX specifically provides it with the following instruments and leverage:


Crypto

Crypto
1:3


💲 Min Deposit $10

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

Trailing stop

Pending orders

1️⃣ One-click trading

Automated trading

💸 Commission

Instruments Traded

Besides lots of currency pair, TenkoFX also offers some instruments you would like to trade on, such as Forex for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for STP account, TenkoFX specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

TenkoFX also provides payment with UnionPay, Tether (USDT), Perfect Money, Litecoin, Ethereum, Crypto Cash, Crypto, Credit/debit cards and AdvCash



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, TenkoFX offers you MetaTrader 4.

Customer Support

Do you have any question or find any trouble related to TenkoFX? If you do, you should reach TenkoFX's support to get the information that you need. Here is the detail of the broker's customer support:

Website Languages

English
Persian
Indonesian
Russian
Chinese
Malay
Thai

Office Support

Email Support

Call Support

Chat Support



FAQ About TenkoFX

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if TenkoFX is a good broker for you or not by reviewing the criteria. In general, TenkoFX provides trading service in Forex , Gold & silver , CFD and Crypto . As for the payment methods, you can choose between Wire transfer, Credit/debit cards, UnionPay, QIWI, Perfect Money, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, AdvCash and Tether (USDT). The customer support is available via Email, Web form, Phone, Callback, Live chat, Forum, Office and Skype.


The starting capital in TenkoFX is $10.


TenkoFX is regulated by Belize Financial Service Commission (FSC) IFSC/60/349/TS/15. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


TenkoFX is a brokerage company offering trading services for clients since 2011 with offices in Belize.



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