Tenko FX Review 2025
What is Tenko FX?

TenkoFX is a premium online forex broker. It provides a platform for forex trading with award-winning platforms, powerful trading tools, tight forex market spreads, and 24/7 live support. It offers ECN, STP, and Cryptocurrency accounts for forex and CFD trading. The broker uses an ECN model to provide real-time access to the interbank market and order execution in the Market Execution mode. In this case, other traders, banks, and funds act as transaction counteragents. TenkoFX is well-known for its competitive spreads, commission fees, and lightning-quick execution speeds. It offers trading accounts most suitable for CFDs, STP, ECN, and cryptocurrencies to its clients. It also offers extensive opportunities for active and passive earnings. Three account types, over a hundred financial instruments, and high leverage provide outstanding profit potential. Copy trading and PAMM accounts offer additional income with reduced risk. Users operate through top solutions such as the MetaTrader 4 and TickTrader trading platforms, which are simple, functional, and adaptive. Cryptocurrencies receive significant attention, providing access to markets and the ability to store digital assets in the user account and work with different crypto wallets. However, there are questions regarding the company’s regulation, despite its presence in the market for over 10 years. Traders should also consider certain regional restrictions. This broker’s clients can trade currencies, cryptocurrencies, metals, and commodity CFDs. The minimum deposit is $10. In addition to USD, the broker supports EUR, RUB, and JPY. Funds can also be stored and transferred in the following cryptocurrencies: MBTC, LTC, and ETH. Trading is unrestricted, and the use of bots and advisors is allowed. Traders operate through the MT4 and TickTrader trading platforms. The maximum leverage reaches 1:500. The standard trade size ranges from 0.01 to 1000 lots, with a margin call level of 50%. It’s important to note that forex market trading gives you a chance to receive high income but at the same time you need to take into account a lot of factors and have special knowledge and skills to minimize investment risks. Make sure you are ready to accept the risks of losing funds. Do not trade with the funds that can affect your wellbeing if lost.
What is the Review Rating of Tenko FX?
- 55brokers: 55brokers rated Tenko FX with a score of 40. This rating was last checked at 2024-01-06 11:41:02. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
- Trustpilot: Trustpilot rated Tenko FX with a score of 8. This rating was last checked at 2024-01-05 23:11:03. Forexbrokersinfo multiplies the 55brokers rating times 10 to normalize the rating to 100.
What are the Pros of Tenko FX?
Tenko FX is a forex broker that offers several advantages to its users. Here are some of the key benefits:. Variety of Financial Assets: Tenko FX provides its clients with a large variety of financial assets, predominantly in its Forex listing. Competitive Spreads and Commission Fees: The broker boasts highly competitive spreads and commission fees, which can be beneficial for traders. Educational Resources: Tenko FX’s trader’s academy is a significant advantage, especially for novice traders. PAMM Accounts: The broker offers PAMM accounts, which can be a big plus for traders. Multiple Trading Platforms: Users can operate through top solutions such as the MetaTrader 4 and TickTrader trading platforms, which are simple, functional, and adaptive. Cryptocurrency Trading: Cryptocurrencies receive significant attention, providing access to markets and the ability to store digital assets in the user account and work with different crypto wallets. Low Minimum Deposit: The minimum deposit is $10, making it accessible for many traders. Multiple Currencies Supported: In addition to USD, the broker supports EUR, RUB, and JPY. Funds can also be stored and transferred in the following cryptocurrencies: MBTC, LTC, and ETH. High Leverage: The maximum leverage reaches 1:500, providing traders with the potential for higher profits. Please note that while Tenko FX offers extensive opportunities for active and passive earnings, there are questions regarding the company’s regulation, despite its presence in the market for over 10 years. Traders should also consider certain regional restrictions.
What are the Cons of Tenko FX?
When considering the potential drawbacks of Tenko FX, a Forex trading platform, several factors come to light. These include:. Regulatory Concerns: One of the primary concerns with Tenko FX is the lack of clear information about its regulatory status. This lack of transparency can be a significant drawback for traders who prioritize security and regulatory oversight. Customer Support: Another potential downside is that customer support is not available on weekends. This could be problematic for traders who require assistance outside of standard business hours. High Volatility: Traders should also be aware of the high volatility associated with cryptocurrency assets offered by Tenko FX. This could lead to larger spreads, which may not be ideal for all traders. Reputation: While some users have reported positive experiences with Tenko FX. , others have expressed dissatisfaction. This mixed feedback suggests that the quality of service may vary. . In conclusion, while Tenko FX offers a range of trading opportunities and features, potential users should carefully consider these drawbacks before deciding to use this platform for Forex trading.
What are the Tenko FX Current Promos?
TenkoFX, a premium forex broker, offers a variety of promotions to its clients. These promotions are designed to provide traders with additional benefits and opportunities in the forex market. Cashback Program: One of the key promotions is the Cashback program. This program is valid for the first 90 days from the registration in TenkoFX. It allows traders to trade and get cashback on their money. ECN Fees at Wholesale Costs: Another promotion is the ECN fees at wholesale costs. With this promotion, traders can enjoy the lightest ECN Commission they have seen. The commission is as low as 10 USD/mio or 1 USD per lot. Partnership Program: TenkoFX also offers a partnership program. Partners can get from 2.4 pips on STP accounts or from 15% of the company commission on ECN and Crypto Accounts. Welcome No Deposit Bonus: There is also a Welcome No Deposit Bonus. To avail this bonus, traders need to register at TenkoFX, make a verification deposit of $3 USD, create a new STP USD account, transfer the deposit from MoneyBox to Trading account, and tick the bonus checkbox for activation. Both the bonus and profits are withdrawable after trading 10 lots. Any early withdrawal before meeting these conditions will cancel all bonuses. These promotions are part of TenkoFX’s commitment to providing full and relevant information to every client and guaranteeing comprehensive, useful, and top-notch support.
What are the Tenko FX Highlights?
TenkoFX is a premium forex broker that offers a wide range of services and features to its clients. One of the key highlights of TenkoFX is its commitment to providing flawless and instantaneous deal execution to ensure top-quality trading. The company operates under the ECN broker model, which provides real access to the interbank market and order execution under the Market Execution mode. Another notable feature of TenkoFX is its extensive range of financial instruments. Clients have the opportunity to trade currencies, cryptocurrencies, metals, and commodity CFDs. This wide selection of trading options allows clients to diversify their portfolios and explore different markets. TenkoFX also offers high leverage, reaching up to 1:500. , which can significantly increase the potential for profits. However, it’s important to note that higher leverage also comes with increased risk. The company supports multiple currencies for deposit, including USD, EUR, RUB, and JPY. In addition, TenkoFX also allows clients to store and transfer funds in various cryptocurrencies, including MBTC, LTC, and ETH. One of the unique features of TenkoFX is its crypto trading capabilities. The company offers special crypto accounts, allowing clients to invest in new trading tools with the security and reliability of a TenkoFX Forex broker. Finally, TenkoFX provides 24/7 live support to its clients. This ensures that clients can get the help they need, whenever they need it. In conclusion, TenkoFX offers a comprehensive suite of features and services that cater to the needs of forex traders. From its wide range of trading instruments to its high leverage and crypto trading capabilities, TenkoFX is a forex broker that is well-equipped to meet the demands of today’s traders.
Is Tenko FX Legit and Trustworthy?
When it comes to the legitimacy and trustworthiness of Tenko FX, there are mixed reviews available on the internet. It’s important to note that these reviews are based on individual experiences and should not be taken as a definitive assessment of the platform. On one hand, some users have reported positive experiences with Tenko FX. According to reviews on Trustpilot. , users have praised the platform for its attractive crypto assets and reasonable weekly profits. One user mentioned that they had been with Tenko FX since 2019 and had not encountered any issues. Another user highlighted the platform’s fast withdrawal times and low spreads. On the other hand, there are also concerns about the platform’s legitimacy. A review on 55brokers.com. suggests that Tenko FX may not be safe to trade with, citing a lack of information about the platform’s registration as a potential red flag. It’s worth noting that Tenko FX was founded in 2012 and offers a variety of financial assets, including forex, spot indices, spot metals, energy, and cryptocurrencies. The platform also provides a range of trading tools and customer support. However, the lack of clear regulatory information could be a cause for concern for potential users. In conclusion, while some users have had positive experiences with Tenko FX, the lack of clear regulatory information raises questions about the platform’s legitimacy. As always, potential users should conduct thorough research and consider multiple sources of information before deciding to trade with any platform.
Is Tenko FX Regulated and who are the Regulators?
TenkoFX is a global provider of CFD and forex trading services. The company was established in 2012. and is based out of Saint Kitts and Nevis, a traditional offshore jurisdiction in the Caribbean. The operations of TenkoFX are regulated by the International Financial Services Commission (IFSC). , which is situated in Belize. The IFSC is considered by most as an offshore regulatory body. This means that certain malpractices can still go unnoticed due to lax jurisdiction. Until 2018, TenkoFX was an offshore broker regulated by the FSC Belize. However, it’s important to note that as of now, the broker is not regulated by any government agency. This may be considered troubling for those who want to deposit a large amount of capital. In terms of trading features, TenkoFX offers STP and ECN trading. The trading instruments include Forex, metals, futures, CFDs, stocks, and cryptocurrency including Bitcoin. The broker provides a leverage of up to 1:500. and offers trading on the popular MetaTrader 4 platform. It’s crucial for potential investors to be aware of these details when considering TenkoFX as their forex trading platform. As with any investment, it’s always recommended to conduct thorough research and consider the associated risks before proceeding.
Did Tenko FX win any Awards?
Based on the information available, it is not clear whether Tenko FX has won any specific awards. Tenko FX is a premium forex broker that offers forex trading with award-winning platforms, powerful trading tools, tight forex market spreads, and 24/7 live support. However, the term “award-winning” is often used in a general sense to indicate high quality or excellence, and does not necessarily imply that the company has received specific awards. For the most accurate and up-to-date information, it would be best to contact Tenko FX directly or visit their official website.
How do I get in Contact with Tenko FX?
Established as a premium forex broker, Tenko FX offers forex trading with award-winning platforms, powerful trading tools, tight forex market spreads and 24/7 live support. For those interested in contacting Tenko FX, there are several methods available:. Help Center: Tenko FX has a dedicated Help Center that provides assistance to its clients. Phone: Clients can reach out to Tenko FX via phone at +44 114 463 0905. Email: An alternative method of contact is through email. However, the specific email address is not mentioned in the search results. . It’s important to note that Tenko FX operates under the ECN broker model with real access to the interbank market and order execution under the Market Execution mode. This ensures top quality trading and flawless, instantaneous deal execution. Moreover, Tenko FX also offers access to cryptocurrency trading via special crypto accounts. This allows clients to invest in new trading tools with the security and reliability of a Tenko FX Forex broker. Before engaging in forex trading, it’s crucial to understand that it involves high income potential but also requires special knowledge and skills to minimize investment risks. Therefore, it’s advised not to trade with funds that can affect one’s wellbeing if lost. Overall, Tenko FX is committed to providing full and relevant information to every client and guarantees comprehensive, useful, and top-notch support.
Where are the Headquarters from Tenko FX based?
TenkoFX, a renowned service provider in the financial markets, has its headquarters in two distinct locations. This information is based on the most recent data available. The first location is in Auckland, Auckland, New Zealand. This city is known for its vibrant economy and robust financial sector, making it an ideal location for a forex service provider like TenkoFX. The second location is at the Corner of Jews Street & Marion Avenue, Ramsbury Site, Charlestown, Nevis. Nevis, part of the Federation of Saint Kitts and Nevis, is known for its strong privacy laws and favorable business environment, particularly for financial services firms. Founded in 2012, TenkoFX has been highly valued by professional traders over these years. The company provides its customers with access to the Forex market, spot indices, spot metals and energy, as well as cryptocurrencies. With its dual headquarters, TenkoFX is well-positioned to serve a global clientele, offering superior trading conditions for efficient work along with excellent service and customer support.
What kind of Customer Support is offered by Tenko FX?
Tenko FX, a premium forex broker, offers a comprehensive customer support system to ensure a seamless trading experience for its clients. 24/5 Client Support: Tenko FX provides client support 24 hours a day, five days a week. This ensures that traders can get assistance whenever they need it, regardless of their time zone. Multiple Contact Methods: Traders can reach out to Tenko FX’s customer support team through various channels. These include a dedicated phone line and email support. Additionally, Tenko FX also offers live chat support. , providing real-time assistance to its clients. Personal Account Manager: To provide personalized service, Tenko FX assigns a personal account manager to each client. This allows for tailored advice and assistance, enhancing the overall trading experience. Comprehensive Help Center: Tenko FX has a comprehensive Help Center, which includes a Frequently Asked Questions (FAQ) section. This allows traders to find answers to common questions quickly and efficiently. Positive Customer Reviews: Customer reviews highlight the efficiency and reliability of Tenko FX’s customer support. Users have praised the broker for its fast withdrawal times, attractive crypto assets, and the freedom to set stop losses directly to the spread. In conclusion, Tenko FX’s customer support system is designed to provide traders with the assistance they need to navigate the forex market effectively. With multiple contact methods, personalized service, and a comprehensive help center, Tenko FX ensures that its clients receive top-notch support as they engage in forex trading.
Which Educational and Learning Materials are offered by Tenko FX?
TenkoFX, a well-regarded forex broker, provides a variety of educational and learning materials to assist traders in navigating the financial markets. These resources are designed to equip traders with the necessary knowledge and skills to make informed trading decisions. Forex and CFD Trading: TenkoFX offers access to the Forex market and CFD commodity markets. Their main goal is to ensure flawless and instantaneous deal execution for top-quality trading. They operate under the ECN broker model, providing real access to the interbank market and order execution under the Market Execution mode. Cryptocurrency Trading: In response to the rising interest in cryptocurrency trading, TenkoFX has introduced special crypto accounts. This allows traders to invest in new trading tools with the security and reliability of a TenkoFX Forex broker. Additional Services: TenkoFX also offers a range of additional services to enhance the trading experience. These include PAMM accounts, AutoTrade, and Analytics. Customer Support: TenkoFX provides comprehensive customer support, ensuring that traders can get the help they need when they need it. It’s important to note that while TenkoFX provides these resources, trading in the Forex market involves a certain level of risk. Traders should ensure they have a good understanding of the market and the risks involved before they start trading.
Can anyone join Tenko FX?
TenkoFX is a forex broker that offers access to the Forex market, CFD commodity markets, and cryptocurrency trading. They operate under the ECN broker model with real access to the interbank market and order execution under the Market Execution mode. The company was founded in 2012 and has been highly valued by professional traders over these years. Their main goal is flawless and instantaneous deal execution to ensure top-quality trading. They regularly invest in new projects aiming at developing their services, creating innovative tools, and expanding trading opportunities. TenkoFX offers a variety of accounts, including Crypto accounts. They also offer a Cashback Program which is valid in the first 90 days from the registration. The minimum deposit is $10. However, it’s important to note that Forex market trading involves a chance to receive high income but at the same time, it requires special knowledge and skills to minimize investment risks. Therefore, potential traders should make sure they are ready to accept the risks of losing funds. In conclusion, while TenkoFX offers a range of services and trading opportunities, it’s crucial for potential traders to understand the risks involved in Forex trading. It’s recommended to not trade with the funds that can affect your wellbeing if lost.
Who should sign up with Tenko FX?
TenkoFX is a forex broker that offers a variety of trading services. Here are some key points to consider when deciding whether to sign up with TenkoFX:. Diverse Financial Instruments: TenkoFX offers a wide range of financial instruments for trading, including currencies, cryptocurrencies, metals, and commodity CFDs. This diversity allows traders to diversify their portfolio and explore different markets. Competitive Spreads and Commission Fees: TenkoFX boasts highly competitive spreads and commission fees. , which can enhance trading profitability. Trading Platforms: TenkoFX users operate through top solutions such as the MetaTrader 4 and TickTrader trading platforms. These platforms are known for their functionality, adaptability, and user-friendly interfaces. Copy Trading and PAMM Accounts: TenkoFX offers copy trading and PAMM accounts. , which provide additional income opportunities with reduced risk. These features can be particularly beneficial for novice traders or those who prefer a more hands-off approach to trading. Cryptocurrency Support: TenkoFX gives significant attention to cryptocurrencies. Traders can access cryptocurrency markets, store digital assets in their user account, and work with different crypto wallets. However, potential traders should also be aware of certain considerations:. Regulation: There are questions regarding the company’s regulation. Despite its presence in the market for over 10 years, the company’s regulatory status may be a concern for some traders. Regional Restrictions: Traders should consider certain regional restrictions. Risk Level: TenkoFX is considered a high-risk broker. Traders should be aware of this risk level when considering whether to trade with TenkoFX. In conclusion, TenkoFX may be suitable for traders who value a diverse range of financial instruments, competitive trading conditions, and innovative trading platforms. However, potential traders should also consider the broker’s regulatory status and risk level. As always, it’s important to conduct thorough research and consider personal trading goals and risk tolerance before choosing a forex broker.
Who should NOT sign up with Tenko FX?
TenkoFX is a forex broker that offers a variety of financial assets, competitive spreads, and commission fees. However, it may not be suitable for everyone. Here are some categories of people who might want to reconsider signing up with TenkoFX:. 1. Traders Seeking High Leverage TenkoFX offers leverage up to 1:500. While this can amplify profits, it can also magnify losses. Traders who are not comfortable with high risk or do not have a solid understanding of how leverage works might want to avoid brokers offering high leverage. 2. Traders Who Prefer Regulated Brokers TenkoFX is regulated by the International Financial Services Commission of Belize. However, some traders might prefer brokers regulated by more recognized authorities such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). 3. Traders Who Prefer Brokers with Physical Presence TenkoFX operates online and does not have physical branches. Traders who prefer face-to-face interaction or having a physical location to visit might not find TenkoFX suitable. 4. Traders Who Want to Avoid Inactivity Fees TenkoFX charges an inactivity fee of $10 per month. Traders who are not active on a regular basis might want to consider brokers that do not charge inactivity fees. 5. Traders Who Prefer Other Trading Platforms TenkoFX offers the MetaTrader 4 platform. Traders who prefer other platforms, such as MetaTrader 5 or cTrader, might not find TenkoFX suitable. 6. Traders Who Prefer Brokers with Unquestionable Reputation While TenkoFX has received positive reviews, there are also claims suggesting it might be a scam. Traders who prioritize working with brokers with an unquestionable reputation might want to consider other options. Please note that this information is based on available resources and traders should conduct their own research before making a decision. It’s always recommended to start with a demo account before trading with real money.
Does Tenko FX offer Discounts, Coupons, or Promo Codes?
According to the information available, Tenko FX does offer discounts and promo codes. These discounts can be a great way for traders to save money and get more value from their trading activities. Tenko FX is known for providing a variety of promotional offers. These can range from percentage-based discounts to specific dollar-off deals. For instance, there are offers that provide up to 40% off. These discounts can be a great way for traders to save money and get more value from their trading activities. It’s important to note that these offers can change frequently, so it’s always a good idea to check the latest deals before making any trading decisions. This can help ensure that you’re getting the best possible value for your money. In addition to these discounts, Tenko FX also offers promo codes. These codes can be entered at the time of purchase to apply a discount to your order. This can be a great way to save even more money on your trading activities. It’s worth noting that these promo codes can vary in terms of their value and the specific products or services they apply to. Therefore, it’s always a good idea to read the terms and conditions of any promo code before using it. In conclusion, Tenko FX does offer a variety of discounts, coupons, and promo codes that can help traders save money and get more value from their trading activities. However, these offers can change frequently, so it’s always a good idea to check the latest deals before making any trading decisions.
Which Account Types are offered by Tenko FX?
Tenko FX, a renowned forex broker, offers three distinct types of trading accounts, each designed to cater to the diverse needs of traders. STP Account The STP account is a classic floating spread account that does not charge any commission. This account type is ideal for traders who prefer a straightforward trading experience with no additional costs. ECN Account The ECN account offers narrow spreads and charges a commission of $4 per lot. This account type is designed for more experienced traders who are looking for tighter spreads and are willing to pay a commission for this advantage. Crypto Account The Crypto account is a unique offering that allows traders to engage in cryptocurrency trading. This account type charges a 0.5% commission and offers a leverage of 1:3. It is ideal for traders who are interested in exploring the dynamic world of cryptocurrencies. Each account type offers its own set of advantages and caters to different trading styles and preferences. Traders can choose the account type that best suits their trading strategy and financial goals.
How to Open a Tenko FX LIVE Account?
Opening a Tenko FX LIVE account involves a few steps. This process is designed to ensure the security and functionality of your trading experience. Step 1: Register for an eWallet To start, you need to open an eWallet. This is a tool for managing your funds and trading accounts in the My TenkoFX area. Step 2: Log in to your My TenkoFX personal area Once you have your eWallet set up, log in to your My TenkoFX personal area. Step 3: Select the type of account Select the type of account that best suits your style of trading, capital, and risk tolerance. TenkoFX offers different types of accounts, including STP, ECN, and Crypto. Step 4: Read and accept the important documents Before proceeding, make sure to read and accept the important documents. Step 5: Fill in the account opening form Fill in the account opening form. Once the process has been successfully completed, you will see the registration data for your new trading account. Step 6: Fund your trading account To be able to start trading on a live account, please add funds to your trading account via any available payment systems in My TenkoFX. Step 7: Install the trading platform or use WebTrader Finally, install the trading platform or use WebTrader. Now, you are ready to start trading. TenkoFX also provides the opportunity to open a free TenkoFX Demo account. This allows you to trade and experience the real market conditions, without the risk of losing real money as you operate with virtual money.
How to Open a Tenko FX DEMO account?
Opening a Tenko FX DEMO account involves a series of steps that are designed to help users familiarize themselves with the platform and the world of forex trading. Here’s a step-by-step guide:. Step 1: Visit the TenkoFX Website The first step is to visit the official TenkoFX website. This is where all the trading happens and where you can find the option to open a DEMO account. Step 2: Locate the ‘Demo Account’ Option On the TenkoFX website, look for the ‘Demo Account’ option. This is usually located in the main navigation menu or in the account section of the website. Step 3: Register for a Demo Account Once you’ve located the ‘Demo Account’ option, click on it to start the registration process. You’ll be asked to provide some basic information such as your name, email address, and phone number. Step 4: Set Up Your Demo Account After you’ve registered, you’ll be able to set up your demo account. This involves choosing your preferred trading platform, the type of account you want to practice with (ECN, STP, or Crypto), and the amount of virtual money you want to start with. Step 5: Start Practicing Once your demo account is set up, you can start practicing. Use this opportunity to familiarize yourself with the trading platform and to test out different trading strategies. Remember, the purpose of a demo account is to provide a risk-free environment for you to practice and learn about forex trading. Make the most of this opportunity to learn as much as you can before transitioning to a real trading account. Please note that while this guide provides a general overview of the process, the exact steps may vary slightly depending on the current layout and design of the TenkoFX website.
How Are You Protected as a Client at Tenko FX?
As a client at Tenko FX, you are protected in several ways:. Regulation: TenkoFX’s operations are regulated by the International Financial Services Commission (IFSC), which is situated in Belize. The IFSC is considered by most as an offshore regulatory body. ECN Broker Model: TenkoFX operates under the ECN broker model with a real access to the interbank market and order execution under the Market Execution mode. In this case, other traders, banks and funds act as transaction counteragents. Transparent Business Practices: TenkoFX’s business is transparent, clear and strictly regulated. The success of their clients is their success. TenkoFX makes profit solely on commissions and spreads. Client Support: TenkoFX provides full and relevant information to every client and guarantees comprehensive, useful and top-notch support. They believe this is the only way to create trust-based long-term relations between brokers and traders. Risk Disclaimer: TenkoFX provides a risk disclaimer, advising that Forex market trading gives you a chance to receive high income but at the same time you need to take into account a lot of factors and have special knowledge and skills to minimize investment risks. However, it’s important to note that Tenko FX does not hold any license from top-tier authorities. This means that traders’ investments are not protected, and by signing with Tenko FX clients might put their trust only in the broker’s words. Therefore, it’s crucial for potential clients to do their own research and understand the risks involved before investing.
Which Funding methods or Deposit Options are available at Tenko FX?
Tenko FX, a forex broker, offers a variety of funding methods and deposit options for its clients. The minimum deposit requirement is $10. The broker supports multiple currencies including USD, EUR, RUB, and JPY. In addition to traditional currencies, funds can also be stored and transferred in cryptocurrencies such as MBTC, LTC, and ETH. For the convenience of its clients, Tenko FX provides several payment options. These include credit/debit cards and bank wire transfers. Online payment services are also available, with options such as Neteller, Skrill, Fasapay, advcash, Perfect Money, and UnionPay. Moreover, Tenko FX accommodates the growing trend of digital assets by allowing deposits and withdrawals to be done with cryptocurrency. This feature provides traders with the flexibility to manage their funds in a way that suits their trading strategies and risk tolerance. It’s important to note that while Tenko FX offers a wide range of deposit options, the availability of these options may vary depending on the trader’s country of residence. Traders are advised to check the broker’s website or contact customer service for the most accurate and up-to-date information. In conclusion, Tenko FX’s diverse range of deposit options caters to the varying needs of forex traders, making it a flexible platform for trading activities. However, potential clients should conduct thorough research and consider all factors before choosing a forex broker.
What is the Minimum Deposit Amount at Tenko FX?
TenkoFX, a prominent player in the Forex market, offers its clients a low barrier to entry with a minimum deposit requirement of just $10. This makes it accessible to a wide range of traders, from novices to experienced professionals. TenkoFX provides three types of trading accounts: the STP Account, the ECN Account, and the Crypto Account. Each of these accounts allows clients to trade with spreads starting from 0 pips with a $1 commission per trade lot. The maximum leverage level across all account types is 1:500. In addition to USD, TenkoFX supports EUR, RUB, and JPY. Furthermore, TenkoFX accepts cryptocurrency deposits in BTC, ETH, LTC, BCH, and USDT. , demonstrating its adaptability to the evolving financial landscape. Trading accounts in TenkoFX can be replenished through various methods. These include standard debit and credit cards (Visa, MasterCard, and China UnionPay), electronic wallets (FasaPay, AdvCash, Perfect Money, QIWI), and bank transfers. This flexibility in payment methods caters to the diverse needs of its global clientele. TenkoFX’s commitment to providing full and relevant information to every client, along with comprehensive, useful, and top-notch support. , underscores its dedication to building trust-based, long-term relationships with its traders. Its focus on client success is evident in its business model, which operates under the ECN broker model with real access to the interbank market and order execution under the Market Execution mode. In conclusion, TenkoFX’s low minimum deposit requirement, coupled with its diverse account types and payment methods, make it an attractive choice for individuals looking to venture into the Forex market. Its commitment to transparency, client success, and adaptability to market trends further solidifies its position as a reliable Forex broker.
Which Withdrawal methods are available at Tenko FX?
TenkoFX, a regulated forex broker, offers a variety of withdrawal methods for the convenience of its clients. The available payment methods include Skrill, Neteller, FasaPay, Webmoney, Yandex Money, Qiwi, and Bitcoin. These diverse options cater to the needs of forex traders globally, allowing them to choose the most suitable and efficient method for their financial transactions. It’s important to note that TenkoFX strives to cover money transfer costs wherever possible and does not charge more than its actual expenditures. The minimum deposit requirement at TenkoFX is $10. , making it accessible for traders with different investment capacities. This low barrier to entry, combined with the broker’s robust trading platforms and extensive analytical toolkit. , makes TenkoFX an attractive choice for both novice and experienced forex traders. In addition to its withdrawal and deposit methods, TenkoFX offers other notable features such as STP (Straight Through Processing) and ECN (Electronic Communication Network) trading, a range of trading instruments including forex, metals, futures, CFDs, stocks, and cryptocurrencies. The broker also supports algorithmic trading, news trading, and hedging. It’s worth mentioning that users have reported fast withdrawal times, which is a crucial factor for traders who need to access their funds promptly. However, as with any financial transactions, it’s recommended that traders familiarize themselves with the terms and conditions associated with each withdrawal method to ensure a smooth and hassle-free experience. In conclusion, TenkoFX provides a comprehensive suite of withdrawal methods, catering to the diverse needs of forex traders worldwide. Its commitment to covering transfer costs and ensuring quick withdrawal times further enhances its appeal as a forex broker of choice.
Which Fees are charged by Tenko FX?
TenkoFX, a forex broker, charges various fees for its services. The fees are structured to cater to different trading needs and are competitive in the forex market. ECN Fees: TenkoFX operates under the ECN broker model, providing real access to the interbank market. The ECN fees are charged at wholesale costs. The commission starts at $10 per million or $1 per standard lot for significant trading volumes. For other volumes, the commission is $4 per standard lot. STP Accounts: For STP accounts, the standard commission is equivalent to 2.4 points for a completed trade. ECN and Crypto Accounts: For ECN and Crypto accounts, the standard commission is 15% of the company commission. Cashback Program: TenkoFX offers a cashback program that is valid for the first 90 days from registration. The cashback amount is calculated by multiplying the standard commission by a coefficient, which depends on the total involved margin on the accounts of a particular client. Additional Costs: It’s important to note that spreads or commissions are the only operating expenses for traders working with TenkoFX. There are no hidden costs. Before trading, it’s crucial to understand that forex market trading can result in high income but also involves risks. Traders need to have special knowledge and skills to minimize investment risks.
What can I trade with Tenko FX?
TenkoFX is a well-established online brokerage that specializes in Forex trading. It offers a wide range of trading opportunities to its clients, making it a popular choice for both novice and experienced traders. Forex Trading: TenkoFX provides access to the Forex market. It offers over 55 currency pairs. , allowing traders to take advantage of the fluctuations in the foreign exchange market. The brokerage operates under the ECN broker model, providing real access to the interbank market and order execution under the Market Execution mode. Commodity Trading: In addition to Forex, TenkoFX also offers trading in Commodity CFDs. This includes trading in commodities like gold, silver, and oil. Trading in commodities allows traders to diversify their portfolio and hedge against market volatility. Cryptocurrency Trading: Keeping up with the latest trends in the financial market, TenkoFX also offers cryptocurrency trading. Traders can trade in Bitcoin and other cryptocurrencies. This provides traders with the opportunity to capitalize on the dynamic crypto market. Trading Platforms: TenkoFX offers top solutions such as the MetaTrader 4 and TickTrader trading platforms. These platforms are known for their functionality, adaptability, and user-friendly interface. Account Types: TenkoFX offers three types of accounts to cater to the different needs of traders. These include accounts most suitable for CFDs, STP, ECN, and cryptocurrencies. In conclusion, TenkoFX offers extensive opportunities for active and passive earnings. However, it’s important to note that Forex market trading involves a high level of risk. Traders should ensure they have the necessary knowledge and skills to minimize investment risks.
Which Trading Platforms are offered by Tenko FX?
Tenko FX offers a variety of trading platforms, each delivering an easy and secure trading environment, supported by an extensive analytical toolkit. MetaTrader 4 is undoubtedly the most popular retail trading platform, chosen by Forex traders all over the world. It incorporates multiple trading indicators and analytical tools and allows you to automate an almost unlimited variety of trading strategies. It is a highly versatile tool which can be adapted to your specific needs by the addition of your own MQL-based scripts and advisors. TickTrader is a brand-new trading platform, which allows clients to trade five of the most popular asset classes — forex, stocks, commodities, indices, and cryptocurrencies via one trading account. A special trading account, TickTrader ECN, has been designed for trading using TickTrader platform. The new multi-asset trading platform facilitates both margin trading and deliverable trading. This can be achieved either directly through the platform or via a FIX, REST or WebSocket API. As a trading platform, TickTrader pursues one goal: helping users to become profitable. In addition to these platforms, TenkoFX also offers MT Mobile, and cTrader forex online trading top platforms. These platforms offer over 35 currency pairs as well as gold, silver, other precious metals, and indexes for your online trading needs. TenkoFX offers three types of trading accounts. STP Account: Classic floating spread account with no commission. ECN Account: An account with narrow spreads and a commission of $4 per lot. ECN is the industry standard and its value has been consistently proven over time. Crypto Account: Cryptocurrency account with 0.5% commission and 1:3 leverage. All three of its accounts allow its clients to trade with spreads starting from 0 pips with a $1 commission per trade lot. All account types have a maximum leverage level of 1:500 and can be opened with a minimum deposit of only $10.
Which Trading Instruments are offered by Tenko FX?
Tenko FX, a forex broker based in Belize. , offers a wide range of trading instruments. These instruments cater to the diverse needs of traders, from beginners to institutional investors. Forex: Tenko FX provides access to the Forex market. It offers more than 50 currency pairs. , allowing traders to take advantage of the volatility and liquidity of the global forex market. Metals: Traders can also trade in precious metals. This includes gold and silver. , which are often used as safe-haven assets during times of economic uncertainty. Futures: Futures contracts are another trading instrument offered by Tenko FX. These derivatives allow traders to speculate on the future price of an asset. CFDs: Tenko FX offers Contract for Difference (CFD) trading on various asset classes. This includes more than 30 different CFDs on cryptocurrencies. , several major stock indices. , and energy carriers such as oil and natural gas. Stocks: Tenko FX provides the opportunity to trade in stocks. This allows traders to take a position on the future price movements of individual companies. Cryptocurrencies: Tenko FX offers access to cryptocurrency trading via special crypto accounts. This enables traders to invest in new trading tools with the security and reliability of a Tenko FX Forex broker. In conclusion, Tenko FX offers a comprehensive suite of trading instruments, catering to a wide range of trading needs and preferences.
Which Trading Servers are offered by Tenko FX?
Tenko FX, a forex broker, offers a variety of trading servers to cater to the diverse needs of traders. The trading servers provided by Tenko FX include the MetaTrader 4, MT Mobile, and cTrader. MetaTrader 4 (MT4) is one of the leading trading platforms in the industry, known for its user-friendly interface, fast execution time, and flexible customizability. It is a popular choice among traders due to its advanced charting capabilities, automated trading systems, and a wide range of technical indicators. MT Mobile is designed for traders who want to manage their accounts and trade on the go. It offers a complete set of orders, trading history, interactive charts, technical analysis, and the widest selection of supported mobile devices. cTrader is a platform for forex and CFD trading. It provides full STP access to the forex market for professional traders and newbies alike. cTrader is known for its speed, reliability, and transparency. In addition to these platforms, Tenko FX also offers over 35 currency pairs as well as gold, silver, other precious metals, and indexes for online trading. This wide range of offerings allows traders to diversify their portfolios and find opportunities in various markets. It’s important to note that the choice of a trading server can significantly impact a trader’s experience and success. Therefore, traders should consider their individual trading style, strategy, and goals when choosing a trading server. Please note that trading in the forex market involves risk, and traders should only invest funds that they can afford to lose. It’s recommended that traders gain a solid understanding of the forex market and trading strategies before starting to trade.
Can I trade Crypto with Tenko FX? Which crypto currencies are supported by Tenko FX?
TenkoFX is a forex broker that offers the opportunity to trade on ECN, STP, and Crypto accounts. They provide access to cryptocurrency trading via special crypto accounts. This allows investors to explore new trading tools with the security and reliability of a TenkoFX Forex broker. The cryptocurrencies supported by TenkoFX include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Tether (USDT). This selection of crypto CFDs includes pairs with many different fiat currencies, such as the Russian ruble, Japanese yen, Chinese yuan, the euro, and the US dollar. In addition, some of the cryptocurrencies offered can also be traded against each other, such as BCH/BTC or ETH/BTC. TenkoFX operates under the ECN broker model with real access to the interbank market and order execution under the Market Execution mode. This means that other traders, banks, and funds act as transaction counteragents. The company makes profit solely on commissions and spreads. Spreads or commissions are the only operating expenses for traders working with TenkoFX. It’s important to note that forex market trading gives you a chance to receive high income but at the same time you need to take into account a lot of factors and have special knowledge and skills to minimize investment risks. Therefore, it’s recommended to make sure you are ready to accept the risks of losing funds.
What is the Leverage on my Tenko FX Trading Account?
The leverage on a Tenko FX Trading Account is up to 1:500. This high leverage provides traders with the potential to make significant profits, but it also comes with risks. Leverage in forex trading is a tool that allows traders to open positions much larger than their own capital. In the case of Tenko FX, a leverage of 1:500 means that for every dollar a trader invests, they can trade $500. This can greatly amplify profits if the market moves in the trader’s favor. However, it’s important to remember that leverage can also amplify losses if the market moves against the trader. Tenko FX offers three types of accounts: cent account, ECN, and PAMM ECN. The minimum trade size varies depending on the type of account. It’s 0.1 for cent account and ECN, and 0.01 for PAMM ECN. In addition to high leverage, Tenko FX offers other features that can benefit traders. For example, it operates under the ECN broker model, which provides real access to the interbank market and order execution under the Market Execution mode. This can lead to flawless and instantaneous deal execution, ensuring top-quality trading. However, it’s crucial for traders to understand the risks associated with high leverage. While it can lead to significant profits, it can also result in substantial losses. Therefore, it’s recommended to have a solid risk management strategy in place when trading with high leverage. In conclusion, the leverage on a Tenko FX Trading Account can provide traders with significant opportunities, but it’s important to use this tool wisely and understand the associated risks.
What kind of Spreads are offered by Tenko FX?
Tenko FX, a premium forex broker, offers a variety of spreads across different types of trading accounts. STP Account The STP account is a classic floating spread account with no commission. This account allows clients to trade with spreads starting from 0 pips. ECN Account The ECN account offers narrow spreads and a commission of $4 per lot. It also allows clients to trade with spreads starting from 0 pips. The ECN fees are at wholesale costs, with the lightest ECN commission being 10 USD/mio or 1 USD per lot. Crypto Account The Crypto Account, designed for cryptocurrency trading, also allows clients to trade with spreads starting from 0 pips. The spread provided is floating and the commission attached to the account is 0.5% HALF-TURN. In addition to these, Tenko FX offers a cashback program in the first 90 days from registration, where traders can get from 2.4 pips on STP accounts or from 15% of the company commission on ECN and Crypto Accounts. It’s important to note that forex market trading involves high income potential, but also requires special knowledge and skills to minimize investment risks. Always ensure you are ready to accept the risks of losing funds before trading with any forex broker.
Does Tenko FX offer MAM Accounts or PAMM Accounts?
Tenko FX, a renowned forex broker, offers both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. MAM Accounts allow professional traders to manage multiple client accounts from a single master account. The master account is controlled by the trader and is linked to several sub-accounts, each owned and controlled by a different individual investor. The funds of the investors are pooled together and managed by the trader. As the trader executes trades in the master account, the same trades are automatically replicated on the individual sub-accounts according to the allocation percentage. PAMM Accounts, on the other hand, allow retail investors to allocate their funds to be managed by experienced traders. An investor deposits funds into a PAMM account, which are then pooled together with funds from other investor accounts. The appointed trader or investment manager then makes investment decisions on behalf of the group. Each investor’s share in the account is proportional to the size of their investment, and the profits or losses are distributed accordingly. These types of accounts are beneficial for both investors and traders. Investors can take advantage of the expertise of professional traders without having to actively manage their investments on their own. On the other hand, traders can expand their audience reach and manage multiple accounts efficiently. In conclusion, Tenko FX does offer both MAM and PAMM accounts, providing a range of options for investors and traders alike.
Does Tenko FX allow Expert Advisors?
TenkoFX, a forex broker, does indeed allow the use of Expert Advisors (EAs). This feature is part of the popular MetaTrader 4 (MT4) platform. , which TenkoFX offers for trading a wide choice of foreign exchange currency pairings. The MT4 platform is highly adaptable and can be customized to meet individual requirements. It includes several trading indicators and analytical tools. The ability to use EAs enables the automation of a wide range of trading techniques. This is a significant advantage for traders who want to automate their trading strategies. In addition to EAs, TenkoFX provides other notable features. For instance, it offers ECN, STP, and Cryptocurrency accounts for forex and CFD trading. The broker uses an ECN model to provide real-time access to the interbank market and order execution in the market execution mode. Several liquidity providers, including JPMorgan, GOLDMAN Sachs, LMAX, Deutsche Bank AG, and Morgan Stanley, contribute to price aggregation. TenkoFX charges wholesale ECN fees, with commissions starting at $10 per million or $1 per standard lot if trading significant volumes, or $4 per standard lot otherwise. There are current PAMM solutions available for money managers and investors, including a Crypto PAMM ECN. Clients can choose between online, desktop, and mobile trading platforms (iOS & Android). However, potential users should be aware that the International Financial Services Commission (IFSC) of Belize has granted TenkoFX permission to provide financial services. This license is valid for up to one year and must be checked and renewed every year. This is considered offshore regulation, and it may not provide the same level of protection as other regulators. In conclusion, TenkoFX does allow the use of Expert Advisors as part of its offering on the MT4 platform. This, along with its other features, makes it a viable option for traders looking to automate their trading strategies. However, potential users should carefully consider the regulatory environment in which TenkoFX operates.