Score
TENFX
Saint Vincent and the Grenadines|2-5 years| https://tenfx.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Saint Vincent and the Grenadines
2-5 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed TENFX also viewed..
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Website
tenfx.com
Server Location
United States
Website Domain Name
tenfx.com
Server IP
172.67.142.110
Company Summary
| TENFX Review Summary in 9 Points | |
| Company name | TENFX |
| Registered country/region | Saint Vincent and the Grenadines |
| Regulation | Unregulated |
| Trading Platforms | MT4,MT5 |
| Market Instruments | Share CFDs, Forex, Cryptocurrenciesindices, Metals, Commodities |
| Minimum Deposit | $50 |
| Maximum Leverage | 1:500 |
| Spread | As low as 0 |
| Customer Support | Phone: +44 7418 356 880 |
| Email: support@tenfx.com | |
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
| Pros | Cons |
| NONE | Not regulated |
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.
| Tradable Instruments | Supported |
| Share CFDs | ✔ |
| Forex | ✔ |
| Cryptocurrenciesindices | ✔ |
| Metals | ✔ |
| 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.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader4 | ✔ | PC | Anyone |
| MetaTrader5 | ✔ | PC | Anyone |
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
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Debit cards | $50 | No mention | No mention |
| Cryptocurrencies | $50 | No mention | No mention |
| Skrill | $50 | No mention | No mention |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Debit cards | No mention | No mention | No mention |
| Cryptocurrencies | No mention | No mention | No mention |
| Skrill | No mention | No mention | No mention |
Keywords
- 2-5 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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