TenkoFX
3.5

TenkoFX

Regulation: International Financial Services Commission of Belize

Reviewed broker: TenkoFX

Location: Belize

Operated by Tenko Systems Limited

Established in 2012

Regulation: International Financial Services Commission of Belize IFSC/60/349/TS/15

STP straight through processing: yes

ECN: yes

Trading instruments: Forex, metals, futures, CFDs, stocks. Cryptocurrency including Bitcoin

Trading Features

Account TypeSTPECNCrypto
Execution TypeMarket execution, 
slippage possible, 
no requotes
Market execution, 
slippage possible, 
no requotes
Market execution, slippage possible, no requotes
Account CurrencyUSD, EUR, RUBUSD, EUR, RUB, JPY, MBTC, LTC, ETHUSD, EUR, RUB, MBTC, LTC, ETH
Minimum 
Initial Deposit
10 USD100 USD10 USD
SpreadVariableVariableVariable
FeesNo commission, Mark-up pricing4 units of base currency for 1 Lot (100 000$) 

Trading commissions can review up to 1 units of base currency in case of high trading volumes. 
0,5% half-turn
Asset classesCurrencies, MetalsCurrencies, Metals, CFD29 pairs with BTC, LTC, ETH, BCH, DSH (DigitalCash), ETC, XRP
LeverageUp to 1:500
1:1 – 1:500 for accounts up to $25,000,
1:1 – 1:200 for accounts from $25,000 up to $100,000,
1:1 – 1:100 for accounts from $100,000 up to $1,000,000,
negotiable over $1,000,000.
Up to 1:200
1:1 – 1:200 for accounts up to $100,000,
1:1 – 1:100 for accounts from $100,000 up to $1,000,000,
negotiable over $1,000,000.
1:3
Margin Call50%100%30%
Stop Out30%50%15%
Minimum marginFrom 2 USDFrom 5 USD 
Market depthNot availableOn the side of liquidity providerOn the side of liquidity provider
Swap-Free AccountAvailableAvailableNo
ScalpingAllowed.
(No restrictions on SL or TP limit price distance.
SL/TP could be set even within the spread.)
Allowed.
(No restrictions on SL or TP limit price distance.
SL/TP could be set even within the spread.)
Allowed
Algo-tradingYesYesYes
News tradingYesYesYes
HedgingAvailable, 50% margin release,
Warning: If Free Margin is negative MT4 automatically rejects new orders, even if it is a hedging transaction. Hence, position locks are strongly discouraged!
Available, 50% margin release,
Warning: If Free Margin is negative MT4 automatically rejects new orders, even if it is a hedging transaction. Hence, position locks are strongly discouraged!
Yes
Minimum LotCurrencies – 0.01, Indeces – 0.1Currencies – 0.01, Indeces – 0.10.01 lots
Maximum Lots100010001000
Inactive account fees$10 per month$10 per month$10 per month
Trading PlatformMetaTrader 4MetaTrader 4MetaTrader 4

Currency pairs: 68 plus Crypto

Maximum leverage: 1:500

Spread types: floating, fixed

Islamic swap free accounts: available

Margin call level: 50%

Stop out level: 25%

Minimum trade size: 0.1 for cent account, 0.1 for ECN, 0.01 for PAMM ECN

Trading Platforms

TENKOFX OFFERS YOU THE WORLD’S BEST AND MOST RELIABLE TRADING PLATFORMS, PREFERRED BY THE MAJORITY OF FOREX TRADERS. EACH OF OUR TRADING PLATFORMS DELIVERS AN EASY AND SECURE TRADING ENVIRONMENT, SUPPORTED BY AN EXTENSIVE ANALYTICAL TOOLKIT.

MetaTrader 4 is undoubtedly the most popular retail trading platform, chosen by Forex traders all over the world.

Build-in expert advisors: available

One click trading: yes

Autotrade with MyFXBook

Experience all the advantages of automatic trading with the MyFXBook AutoTrade service. AutoTrade lets you copy trading transactions straight into your TenkoFXaccount. Link your MT4 account to selected signal providers published by Myfxbook.

Expand your trading experience and improve your trading efficiency.

Scalping: allowed

Hedging: allowed

Advanced charting: yes

Payment Methods

Minimum deposit requirement: $10

Payment methods: Skrill, Neteller, FasaPay, Webmoney, Yandex Money, Qiwi, Bitcoin

Support

Customer support: personal account manager, phone, email, live chat 

How was the rating of Tenkofx performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Tenkofx FX broker performance and features. 

Overall our online Tenkofx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Tenkofx or you find inaccurate details Tenkofx broker review please get in touch with us and the changes will be applied. 

TenkoFX Details

Trading Platforms
Maximum Leverage
Account Options
Languages
Minimum Deposit
Educational Material
Representative Offices

Tenko Fx offers over 55 currency pairs as well as gold, silver, oil, indexes, bitcoin and other cryptocurrencies for your online trading needs.

4.0
Regulation and Security
5.0
Platforms and Features
4.0
Deposit and Withdrawal
1.0
Educational Material
3.5 Overall Rating

top forex broker

 

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