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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 4069)
Author of TenkoFX: Rokmeul | Date 2022-08-10
I would recommend you guys to stay away from TenkoFX broker! Execution is very time-consuming, slippages are not so tight and not real. My last withdrawal request through Skrill did not process yet, it’s almost 36 days passed. I can't reach their customer support and they doesn't respond to my mails.
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Author of TenkoFX: Felix | Date 2022-01-13
They provide with everything I need to trade profitably daily and it’s all completely free at this time. I have open position on long term for EUR/JPY pair which is also well on the way. Over 30 pips up on this pair with 2 positions opened and hope it will maintain for the profit till end of December. I am still in the mid of improving my skills on trading. I have closed $800 from last week. Well, MT4 platform is very well-working and smooth. Their platform is reliable and safe, it works smooth and never fails. Customer support could use some work though.
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Author of TenkoFX: Harold | Date 2021-07-05
TenkoFX platform isn't profitable for scalper traders. As I have found a fake price chart, huge spread and unprofessional service so far. while I have lost almost $550, due to the big slippage and high spread. Their platform is full of errors too. So I have to close my account. I say, be careful!
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Author of TenkoFX: Sherlee | Date 2020-12-28
Their transaction always on time and I don’t have to wait longer to enjoy the profit. Trading platform that they provide to me is good to use and I can trading without any error like freezing during trading, and the execution is fast enough to take all the orders earned $200 just in my first week of trading with pairs USD/JPY. Withdraws have been done in a timely manner. My last withdrawal was $250, which I was got within 4 hour in my bank account I recommend everybody to try this broker out.
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Author of TenkoFX: Lesdiana | Date 2020-12-28
The most important things at Tenko Fx are execution and great pricing. Sum up, I totally agree positive reviews or feedbacks to Tenko Fx. They have an easy platforms, quick deposits and withdrawal, excellent customer support, and the lowest spread. Platform system is working smoothly, and I also used MT4. This broker is honest and reliable so I don’t faced any issues about hidden fees. I normally trade on EUR/USD or USD/CAD as it has become my favorite currency pair as well.
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Author of TenkoFX: Dimas | Date 2020-06-16
I'm really satisfied with Tenko's services and I find their company reliable and very helpful. Lots of useful information the site provides makes it easier to learn how to trade. I have a personal account manager who is available. When I lost internet connection I called him up and he helped to close my position over the phone. The execution speed and spreads are one of the best on the market. It has proven by the income I have earned during trading with Tenko. Trusted.
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Author of TenkoFX: Billy | Date 2020-03-11
I am very satisfied trading with Tenko Fx, never feel worried when i get trading problem in the middle night. Its execution of orders, low spreads, deposit and withdrawal are so good and so easy. When I registered account and made a deposit $550, and I got almost $500. I also earned some profit, and my withdrawal is smooth, without delays or issues. Thus, Tenko Fx is the best broker. Their trading platform has clear view for the charts, lowest spread even during the news, no commission, no interests. Overall this broker is a reliable broker to me.
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Author of TenkoFX: Churasiti | Date 2020-01-21
I started trading at TenkoFX a few months ago. I chose this broker because they are well-regulated and I can start an account for as low as ten dollars. Of course, I deposited more than that but it shows that they are welcoming to small traders especially beginners. Having a very high minimum initial deposit could be really overwhelming. So far, I am liking my trading experience and I think choosing this broker is a good choice.
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Author of TenkoFX: Elly | Date 2019-12-06
Since I started to use Tenko Fx I didn't have any complain. Their demo and live account work fine in my case. I have a live account with a $1000 deposit and for the last 4 months my profit is $600 trading major pairs EUR/USD GBP/EUR, USD/CAD and sometimes Gold. The platform MetaTrader 4 works fine no delays there, the spreads aren't crazy during news feed. The trading conditions are good and easy to use the platform. I called their support team regarding some commissions which were bad calculated and they give back my money which was wrong take. I like till now the broker.
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Author of TenkoFX: Srikandi | Date 2019-09-03
I am a client of for over 1 year and I am very pleased with their services. I opened a live micro account after one friend recommended and my first deposit was $150. For deposit I used PayPal.I applied also for 50% welcome bonus and was credited in my account in the same day. The platform MT4 is working with fast execution of trades, real prices and no manipulation during volatility times. I trade major pairs EUR/USD,USD/JPY. During the first 5 months I didn't had an EA and my profit was $1200 now with the help of one bot I make $1500 monthly. The support team is friendly. The process of withdraw it takes up to 2 working days and it doesn't have hidden commissions
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