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TENKOFX

TENKOFX | 2024-11-25 16:03

Abstract:TENKOFX is a broker engaged in various tradable instruments with a maximum leverage of 1:2000 including 50 currency pairs+, gold, silver, and CDFs on 50+ FX spots, 68+ cryptocurrencies, shares, indices, spot metals, and commodities. The broker also provides demo and island accounts. The minimum spread is from 0 pips and the minimum deposit is $10. TENKOFX is still risky due to its revoked status and high leverage.

TENKOFX Review Summary
Founded2011-06-22
Registered Country/RegionBelize
RegulationRevoked
Market InstrumentsCurrency pairs/Gold/Silver/CDFs(on Cryptocurrencies/FX Spot/Shares/Index/Spot Metals/Commodities)
Demo Account✅
LeverageUp to 1:2000
SpreadAs narrow as 0
Trading PlatformMT4(Windows/iPhone/iPad/Android)/MT5
Min Deposit$10
Customer SupportEmail: support@tenkofx.com

TENKOFX Information

TENKOFX is a broker engaged in various tradable instruments with a maximum leverage of 1:2000 including 50 currency pairs+, gold, silver, and CDFs on 50+ FX spots, 68+ cryptocurrencies, shares, indices, spot metals, and commodities. The broker also provides demo and island accounts. The minimum spread is from 0 pips and the minimum deposit is $10. TENKOFX is still risky due to its revoked status and high leverage.

TENKOFX Information

Pros and Cons

Pros Cons
24/5 client supportRevoked
MT4/MT5 availableMaximum leverage so high
Demo/Island account availableRestricted contact information
Various tradable instruments
Spread as low as 0

Is TENKOFX Legit?

FSC regulates TENKOFX but with the revoked status, making it less safe than regulated brokers.

Is TENKOFX Legit?
Is TENKOFX Legit?

What Can I Trade on TENKOFX?

Traders can choose various investment directions because the broker provides 50 currency pairs+, gold, silver, and CDFs on 50+ FX spots, 68+ cryptocurrencies, shares, indices, spot metals, and commodities.

Tradable Instruments Supported
Currency pairs✔
Gold✔
Cryptocurrencies✔
Silver✔
FX Spot✔
Shares✔
Index✔
Spot Metals✔
Commodities✔
What Can I Trade on TENKOFX?

Account Type

TENKOFX provides STP, ECN, and Crypto accounts with different minimum deposits, spreads, commissions, and maximum leverages. Traders who want low spreads can choose an ECNaccount and those who prefer low leverage can open a Crypto account. Newbies practice through demo accounts without real funds and STP&ECN support Islamic accounts.

Account Type STPECNCrypto
Minimum depositfrom 10 USDfrom 100 USDfrom 10 USD
Spreadfloatingfloating, from 0 pipsfloating
Commission(per 1 mio)Nofrom 15 USD0.5% of trade volume round turn
Minimum transaction size0.01 lots0.01 lots0.01 lots
Open trades maxnot limited*not limited*not limited*
Leverageup to 1:500up to 1:5001:3
Margin Call50%100%30%
Stop Out30%50%15%
Demo accountsYesYesYes
Islamic accountsYesYesNo
BonusesYesNoNo
HedgingYesYesYes
Account Type
Account Type

TENKOFX Fees

The floating spread is from 0 pips and the commission is as low as 0. The lower the spread, the faster the liquidity. Islamic accounts are swap-free.

Leverage

The maximum leverage is 1:2000, which is so high meaning that profits and losses are magnified 2000 times.

Trading Platform

TENKOFX cooperates with the authoritative MT4 trading platform available for Windows, iPhone, iPad, and Android. Junior traders prefer MT4 over MT5. MT4 not only provides various trading strategies but also implements EA systems.

Trading PlatformSupported Available Devices
MT4✔Windows/iPhone/iPad/Android
MT5✔-
Trading Platform

Deposit and Withdrawal

The minimum deposit is $10. Deposits and withdrawals are processed from Mon to Fri (9:00 am to 9:00 pm, GMT+4) depending on the chosen transfer method.

Deposit and Withdrawal

Customer Support Options

TENKOFX provides 24/5 client support; traders can contact the broker via email instead of a phone, which will reduce communication efficiency because the email procession is lower than the phone.

Contact Options Details
Email support@tenkofx.com
Supported Language English
Website Language English
Physical Address 27th foor, Menara TA One 22, Jalan PRamlee, 50250.Kuala Lumpur, Malaysia
Customer Support Options

Related broker

No Regulation
TENKOFX
Company name:Tenko Systems Limited
Score
1.59
Website:https://tenkofx.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | Retail Forex License
Score
1.59

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