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TenkoFX review
TenkoFX


On-line since: 2012
Country of origin: Belize
Regulation: International Financial Services Commission of Belize (IFSC)
Payment options: Visa and MasterCard bank cards, WebMoney, Neteller, QIWI, Fasapay, Skrill, bank wire in US dollars or rubles
Minimum account size: $10
Minimum lot size: 0.01
Leverage: 1:500
Spreads: from 0 pips

About the company:

TenkoFX has been operating on the financial market since 2012. The retail broker has managed to gain trust among numerous investors and traders. As of March 20, 2015, investors’ capital with TenkoFX was worth almost $1.5 million that proves a rapid development of the young brokerage company.

The company provides services of trading on Forex and commodity markets, in particular trading contracts for difference (CFD), in compliance with the license for financial services issued by the International Financial Services Commission. TenkoFX majors on the Straight-Through Processing technology (STP) which means that the broker’s involvement in trading is completely omitted.

The company operates the following advantageous terms: low spreads, customer support 24 hours a day as well as instant money depositing and withdrawal via Visa and MasterCard bank cards, WebMoney, Neteller, QIWI, Fasapay, and Skrill. For those who plan to invest in PAMM system, the broker offers transparent statistics on deals of managing traders. Besides, clients can use the function called Verified PAMM Trader which enables them to analyze PAMM accounts with a long history. TenkoFX suggests trading dozens of currency pairs, metals, futures, CFDs, and shares.

Trading is run on such trading platforms as MetaTrader4 and cTrader.

Top priority of the brokerage company is its clients and partners. So TenkoFX pursues a policy of satisfying needs and requirements of every client. Regional offices are situated in Kyrgyzstan, India, and Bangladesh.

You can find out about its advantages and disadvantages in detail from traders who have already worked with this retail broker. Please read below comments and unbiased judgements on Tenko FX posted by its partners and clients.

TenkoFX 8/10 (votes 4022)
Comments Interested in other brokers?
Author of TenkoFX: Bafin | Date 2018-08-09
It's definitely a promising broker in terms of independent practice. So a demo-mode is provided here for beginners in the cryptocurrency market and one can use MT4 assets in contrast to crypto-exchanges. This is very helpful in predicting trends because ordinary economic events affect the crypto-market differently in comparison with fiat. And the financial regulations are much softer here than at the rest brokers. You're allowed to withdraw profit both in the account's currency and in the currency of your choice.
Author of TenkoFX: HelalFx | Date 2018-07-26
I have satisfied after a trade with TenkoFX broker. Where my deposit was only $10 in a STP (MT4) account but here I have found a better orders execution on the MT4 platform and real price quote in the running market. I didn't get so much requotes but I got technical and fundamental analysis. So I can trade without any tension and able to do the best performance, As daily I have earned $50 by the scalping strategy. So I decided to trade with them forever.
Author of TenkoFX: Rodrigues | Date 2018-07-22
"I was attracted by low requirements for deposit opening and narrow spreads (GBP/USD<1p.) Such conditions allow you to scalp in intraday. I haven't got any great profit yet. There were no problems with funds withdrawal as well. About communication. I've contacted the technical support (online consultant) to get explanation of the Pamm accounts regulations. They explained in plain language. Another advantage of this broker is that it doesn't send spam with daily reminders and suggestions to receive training. I have quite good impression for now."
Author of TenkoFX: Piratfx | Date 2018-06-11
I joined TenkoFx a couple of months now. The platform works fast in execution. I trade during day time, with a medium and short time frame. I like the low spread which is 0.2 pips for EUR/USD, and 0.5 pips for EUR/JPY. My first deposit was 400$ made with the system Netteler and credited instantly to my trading account. The support is friendly. During volatility times the platform and spread is stable. I recommend the broker because is honest with his commissions.
Author of TenkoFX: Michael | Date 2018-04-14
I already have some trading experience with tenkofx. And I have no complaints about it; the platform works fine and doesn't fail me. The broker's spread is fixed. It doesn't cancel profitable orders and the funds withdrawal is done quickly and without problems.
Author of TenkoFX: Banke | Date 2018-03-27
Tenkofx is one of the best Metatrader brokers, it has been my broker for over 3 years. I have had several others. I trade 8-10 hours a day- full time. Anytime my stop loss gets hit, but closes further from the price when there is no news then, they usually refund my money back if I lodge the complaint. Very good customer service and sending an email is just as good as chatting cos they reply almost instantly.
Author of TenkoFX: Maks | Date 2017-11-21
Wow! I received a cashback from TenkoFx worth $45 today! The money appeared in my account sooner than expected. I used the profit to buy some instruments like ETHUSD, ETHRUB and ETHEUR a while ago with a contract size of 1000 for a long position. I plan to close my deal tomorrow morning. The reason why I trade aggressively is I want to strengthen my earnings and I really trust them. Been with them for 3 months and I found no reason not to trust them. Every time I place an order, the platform responds accordingly. Besides, everything is transparent. There was a time my trade hit by a slippage. So, I requested to retrieve the trading history from the trading server and got a positive response. It justifies their actions towards my account. Since then, I began to fund my trading account every second week of my the month.
Author of TenkoFX: Dong | Date 2017-10-24
I'm trading with TenkoFX since last month and I'm very satisfied so far. Trading conditions are reasonable and spreads are very competitive, starting from 1 pips in my favorite pair - EUR/USD. Platform works very well, I've never experience any technical fail so far. Customer support is always available, I had a problem of deposit delay and customer staff promptly helped me contacting payment system and after few hours money was in my account.
Author of TenkoFX: Spinaltapfx | Date 2017-10-02
After a friend recommend it to me I opened an STP account with TenkoFx. I trade with the for the past 4 months and till now I like their services. The platform MT4 for Windows and the one for Android work fine. I don't have delays in execution and there isn't re-quotes. My first deposit was 150$ and I used the system Perfect Money because of the 0% commission and Instant transfer. I trade with them major currency pairs EUR/USD, USD/CAD, USD/NZD, USD/JPY, USD/CHF and Gold sometimes. I had a problem with some opened positions which were closed during one night and I lost 87$. The next day I called their support team and they fixed the positions and also I had back my money. I recommend the broker because is honest!
Author of TenkoFX: traderjourney | Date 2017-08-03
I have an account manager in Tenko who has been regularly calling me and informing with the new development in the market and also their company :) The support is nice, 24/7 chat system that I can speak anytime. Their platform is mt4 which is nice, they have tight spreads, good bonuses, no slippage. reading some negative reviews makes me feel that they are scam but they are not! worth a try!
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