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TenkoFX review

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: 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!
Author of TenkoFX: fxtelorbrebesh | Date 2017-07-13
I opened my account in TenkoFX on May this year and all the process was fast and easy. I could see in their page this broker has the lowest spreads of the market and their minimum account size is only $10. I success in my first month and I always get profit about $250 to $500. Then in 10 June I opened some positions on major currencies but I cannot withdraw my money. I contact the support and they said it just some trouble and instead they will give my money in 3 or 5 days. But until no, which is a month after I opened some positions no money in my trading account and they don't replay to may email and the phone line is roaming. Why do they do this ?? what I have done is useless and they are unprofessional broker. But I'll always make a mail and phone to get my money back and hope they can improve their system.
Author of TenkoFX: Kirby | Date 2017-06-26
I have traded at TenkoFX for one year, and I really satisfy this broker. In fact they have only advantages for me to trade. First time I didn’t have any profit because I’m a newbie. Then, I had a good trade, when I made profit 200$ from depositing 100$. Later, I put more money to trade with this broker, and sometimes I got some losses. However, my skill improve so much, and my capital I also bigger – 750$. It’s great. In addition, their customer service is professional, because they are 24/7 to support for me. Especially, the withdrawal is always on time and fast, there never has delay. Besides, their platform is user-friendly, and this broker is more competitive than other brokers on the markets. In my opinion, this broker – TenkoFX is not only suitable for newbies but also for pro traders, so I highly recommend this broker to all.
Author of TenkoFX: Carmen | Date 2017-06-06
I wouldn’t recommend this company to my colleagues. At the beginning, all was great with conditions and order execution. In every deposit I made, I got 35% of profits trading with EURUSD, USDCAD and other different pairs. Last time, my deposit was of $600 and when I requested for 100% bonus, I didn’t received any reply from managers’ support or any account. Also, my deposit was frozen as well as the earnings I had accumulated there. I wrote to finances department but they only replied me that my account would be checked but it has been 3 weeks from that reply. I don’t know if consider this broker as a scam or just keep on waiting.
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