TenkoFX Review, Rating and Comparison

Overview

TenkoFX Trading Accounts

Rank
1.97/10
Based on 5 Reviews
Position in Rating
78
Since 17 July, 2017
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (5) «Scam Alert» 0% (0)
Official Name
TenkoFX
Headquarters
TenkoFX Limited 55 Southern Foreshore, Belize City, Belize, C.A.
Offices in
Russian Federation, Belize
Year founded
2011
Official Website
Official e-mail
Phone numbers
+6442807211
+442035140867
 

TenkoFX is a Forex and CFD brokerage firm. They have launched their trading business in 2011. The company is registered in Belize. TenkoFX is an offshore-regulated broker, owned by Tenkofx Ltd. It is licensed by the International Financial Services Commission (IFSC) of Belize. They offer 2 types of live trading accounts for clients: STP and ECN. The broker offers trading in forex, gold, silver and indices. TenkoFX gives a $30 welcome bonus to all new clients. The main trading platform in TenkoFX is MetaTrader 4. They also support trading on desktop, web and mobile devices. The company offers to choose the following payment services: wire transfer, credit/debit cards, Skrill, Neteller and more.

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Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
10
Max. Leverage
1:500
Spread:
0.1
Payment Options:
FasaPay, Neteller, UnionPay, Skrill (Moneybookers), Bank Wire Transfer, Visa \ MasterCard
Regulation:
FSP
US Traders:
Demo Platforms:
MetaTrader 4
Website Languages:
English, Russian, Arabic, Indonesian, Chinese
Support Languages:
English, Russian
Support Methods:
Callback, Phone, Email, Live chat
Trading Server Timezone:
GMT
Standard MT4
ECN MT4
Min. Position Size, lot:
0.01
Min. Account Size, $:
10
Maximum leverage, 1:
500
Spread Type:
Fixed
Typical spread on EUR/USD, pips:
1.6
Min. spread on EUR/USD, pips:
1.6
Trading Instruments:
Forex — 1:500
Gold & silver — 1:500
CFD — 1:500
Trading Platforms:
MetaTrader 4
Currencies:
United States Dollar, Euro
Digits after the decimal point in quotes:
5
Margin Call Level, %:
50
Stop-out Level, %:
25
Additional Features:
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
100
Maximum leverage, 1:
200
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.3
Min. spread on EUR/USD, pips:
0.1
Trading Instruments:
Forex — 1:200
Gold & silver — 1:200
CFD — 1:200
Currencies:
United States Dollar, Euro
Digits after the decimal point in quotes:
5
Margin Call Level, %:
100
Stop-out Level, %:
50
Additional Features:
  • Swap Free
  • Scalping
  • Expert advisors

TenkoFX Reviews

avatar
27 June, 2018

Pedersen from Spain

When choosing a broker, there are always a lot of questions about trading terms, assets and bonuses. But the main question is how funds withdrawal is done because there're usually no problems with funds deposit, but they happen with funds withdrawal. Some brokers collect money, and then suddenly become unavailable. And customer accounts sometimes disappear. TenkoFX always makes funds withdrawal to me max within a day without any problems, sometimes even faster. You can deposit the account from a crypto-wallet and withdraw fiat. Withdrawal commission depends on the type of cryptocurrency. For example, it's 0.001BTC for bitcoin.

avatar
25 June, 2018

Robert from Spain

9

When I started to trade with TenkoFX, my trading wasn't going well. I could not find a convenient strategy or I was in a hurry and closed profitable orders before the deadline, and kept open the unprofitable ones for too long. And, probably, like a lot of people I was afraid all the time that the broker wouldn't let to withdraw profit when it appeared. Now I have certain skills and I regularly withdraw profit on TenkoFX. The funds withdrawal is done in 24 hours, as promised, sometimes even faster. I have never had any problems with funds withdrawal in any case. The commission for withdrawal is also minimal and depends on how and what currency you withdraw. For example, if you withdraw USD to a visa or mastercard card, the commission is 1% + 2usd.

avatar
15 June, 2018

Hameeda Ghaliyah from Algeria

5

I worked this company, I have experienced any problems with withdrawal of funds, the company have consistently the same people who do everything to make the client uncomfortable. Then cannt consult and help me more than once remotely.

avatar
27 March, 2018

Lory from Canada

5

All platform and website with links worked easily, it is an all around good user experience. It is a fairly comprehensive stock trading website and easy to navigate. Nothing special, just a nice broker.

avatar
26 March, 2018

Aary from Malaysia

2

Guys. i unable to withdraw fund. I have been issue a withdrawal. Tried Email, Live Chat (Always offline) And now they block me from their website.Avoid them at ALL costs please !!!!

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