Review Broker TenkoFX
TenkoFX is a highly good and reliable online forex trading broker, serves forex trading and CFD on various financial assets.
TenkoFX broker is very innovative brokers for success to their customers.
Provides a reliable trading platform and the latest and best trading tools and features. owned by Tenko Systems Limited.
Founded in 2012 as an international online forex trading broker.
TenkoFX is a trading broker based in Belize with their headquarters located in Tenko Systems Limited, Jewish Street Corner & Marion Avenue, Ramsbury Site, Charlestown, Nevis
Belize is the most reliable place to become a broker licensed and regulated by the International Financial Services Commission (IFSC).
Therefore, TenkoFX is a safe and reliable online trading broker with a good reputation.
We will try to find information about this broker from several sources.
TenkoFX offers traders the most reliable and sought-after trading platform, namely MetaTrader 4 (MT4). This platform is favored by most forex traders and accommodates the needs of CFD traders as well.
The MT4 trading platform offered by TenkoFX can be downloaded and installed for free on any PC operating system and is also available for free download from the Apple App Store and Google Play Store for iOS and Android mobile devices.
The MT4 platform is a sophisticate trading platform, designed the needs of novice trader, also experienced trader.
Traders have access to complete charting packages where they can analyze markets and assets that can be traded with many technical indicators, various drawing and analysis tools, and various types of charts and time periods.
In addition, traders can do one trade directly click with fast execution speed. Furthermore, traders can manage the level of risk by executing several types of advanced orders including stop loss, take profit, entry limit, and entry stop orders.
Another trading function is the ability to use automated trading platforms with sophisticated algorithmic trading strategies made possible with Expert Advisors (EA). MT4 trading platform offered by TenkoFX included very good quality.
Commission and fees
TenkoFX has reasonable trading costs that are considered to be very competitive with industry standards. Spreads and commissions vary depending on the traded assets traded and the trading account used.
TenkoFX offers unrivaled access to the Forex market and CFD commodity markets with more than 68 financial instruments to trade. Among the 68 tradable instruments, there are 50 forex currency pairs, CFDs on spot metals such as gold and silver, the 11 most popular indices, energy, and the most popular cryptocurrency. However, most traders will be satisfied with their tradeable product offerings.
- STP account The variable spreads from 0.6 pips
$ 2.00 commission per 1 lot traded
- ECN / PAMM Account
Variables spread from 0 pips
Commissions start at $ 1.20 per 1 lot traded
TenkoFX was founded in 2012 and has since proven itself to be a safe, fair and reliable online trading broker. TenkoFX may be located offshore which is of concern in many cases, but TenkoFX is licensed and regulated by the International Financial Services Commission (IFSC) of Belize.
This regulatory authority ensures that brokers remain transparent with their services, conduct periodic audits, and enforce various guidelines and security measures for TenkoFX to use
For example, all clients are protected by advanced SSL EV (Extended Validation) technology.
And authentication of two SMS numbers to enter the account.
Customer funds are also kept in separate safe and secure bank accounts to better protect their funds in the event of bankruptcy or fraudulent brokers.
TenkoFX provides specialized customer support available 24 hours a day, 5 days a week. Customers can get support via email, telephone, Skype and Telegram. In addition, customers can contact support through contact forums or schedule callbacks. Additional support methods include an FAQ page and a help section where traders can read various forms of content.
Deposit and withdraw method
TenkoFX support some payment processor AdvCash, BankTransfer, Bitcoin, Etherium, FasaPay, Litecoin, Mastercard, Neteller, Perfectmoney , QIWI, Skrill, Tether(USDT), Visa
- Broker Type ECN/STP
- Markets CFDs, Cryptocurrencies, Forex
- Currencies Australian Dollar, British Pound, Euro, Japanese Yen, Russian Ruble, Swiss Franc
- Languages Arabic, Chinese, English, Indonesian, Malay, Russian, Thai
- Regulator IFSC Belize
- Minimum Deposit $10
- Account Options Access to Forex News, API Solutions, Demo, EAs – Expert Advisors, ECN – Electronic Communication Network, Fees, Hedging, Leverage, Market Alerts, Mobile Trading, Scalping, Stop-Loss, Technical Analysis, Trailing Stops, Web-Based Trading
- Owner Tenko Systems Limited
- Established 2012
From the forexpeacearmy forum, some traders provide positive reviews for TenkoFX which can be seen from the following screenshot.
Review trader on gurutrade also many traders giving positive feedback for TenkoFX, we can see on the screenshot below.
One more review from forexbrokerz dot com also many traders giving positive experience with TenkoFX, we can see on the screenshot below.
TenkoFX online trading broker is a decent trading broker that offers their clients a variety of decent financial assets to be traded on the global market.
By looking at the reviews of traders who have used TenkoFX services, it is concluded that this broker is worthy of consideration by forex traders and cryptocurrency, but seems TenkoFX does not provide any #free no deposit bonus for a new client, like as some broker that make great campaign with offer #free bonus no deposit, I think if this broker also offer no deposit bonus it will attract many new traders
Low spreads and commissions also provide benefits for traders, especially for those who like scalping techniques.