TENFX

TENFX's official website: https://tenfx.com/ is currently inaccessible normally.

TENFX Information

TENFX, a trading name of Tenfx Ltd, is allegedly a forex and CFD broker registered in Saint Vincent and the Grenadines that claims to provide its clients with over 150 tradable financial instruments with leverage up to 1:500 and floating spreads from 0.0 pips.

Pros and Cons

Is TENFX Legit?

You need to note that according to WiKiFX's investigation, TENFX is currently not regulated by any recognized financial authorities.

What Can I Trade on TENFX?

You can trade dozens of products including Share CFDs, Forex, Cryptocurrenciesindices, Metals and Commodities.

Account Type

TENFX claims to offer five types of accounts, namely Individual, Join, Trust, Family and Institutional.

TENFX Fees

The leverage provided by TENFX is capped at 1:500. TENFXs website claims that the spread starts from 0.0 pips and the commission from 0.08%.However, the broker says nothing about the minimum initial deposit requirement to open an account.

Trading Platform

We were promised access to established platforms MetaTrader4 and MetaTrader5 but upon registering an account with TENFX we were just provided with a client area connected to TradingView.In any case, we recommend using MT4 or MT5 for your trading platform.

Deposit and Withdrawal

TENFX says to work with debit cards, cryptocurrencies and Skrill. The minimum initial deposit requirement is said to be only $50, while there is no mention of what the minimum withdrawal amount is.

Deposit Options

Withdrawal Options