After Verification, The Company Is Currently Unregulated, And The Belize Retail Foreign Exchange Photo Has Been Cancelled. Traders Are Requested To Identify And Pay Attention To The Risks.
According To TENKOFX · Company Official Website Profile:
Main Services Are Foreign Exchange, CFD Commodities And Cryptocurrencies
Leverage 1:500 EUR/USD Spreads From 0.1 Pips, Trading Platform MT4, Minimum Deposit 10 Dollars
TENKOFX Provides Cryptocurrency Trading Through A Dedicated Cryptocurrency Account. It Also Facilitates Access To The Foreign Exchange Market And The CFD Commodity Market. Through The MT4 Trading Platform, It Offers Three Types Of Real, Account, Demo And Islamic, Accounts, And Has Acceptable Minimum Deposit Requirements.
TENKOFX Claims To Be Regulated By The Financial Services Commission (FSC). It Holds A Retail Foreign Exchange License With License Number IFSC/60/349/TS/15. However, This License Has Been Exceeded And Is Suspected Of Forging Clones.
Account Types
TENKOFX Offers Three Types Of Real And Demo Accounts. The Three Types Of Live Accounts Include STP, ECM And Cryptocurrency Accounts With Minimum Deposits Of 10 Dollars, 100 Dollars And 10 Dollars Respectively, Which Are Acceptable And Reasonable. In Addition, STP And ECN Accounts Support Islamic Accounts.
Leverage
TENKOFX Offers Maximum Leverage Ratios Of 1:500, 1:500 And 1:3 For STP, ECN And Cryptocurrency Accounts Respectively.
TENKOFX Handling Fee
TenkoFX Offers Commissions For Different Types Of Accounts - Commission Of $15 For STP Accounts And 0.5% Of Trading Volume For Cryptocurrency Accounts.
Trading Platform
TENKOFX Offers Trading Services To Its Traders Through MT4. To Install The MetaTrader4 Trading Platform, Simply Download The Installation File To Your Computer And Run It, Then Follow The Installation Instructions. MetaTrader4 Is An Industry Standard And Its Value Has Been Proven Over A Long Period Of Time. It Integrates Multiple Trading Indicators And Analytical Tools And Allows You To Automate An Almost Unlimited Variety Of Trading Strategies.
Client Server
TENKOFX Provides 24/5 Client Server Via Email, Email: [email protected]
Summary:
TENKOFX Is A Foreign Exchange Service Provider That Provides Regular Foreign Exchange Business. It Offers MT4 And Multiple Accounts With Reasonable Minimum Deposit Requirements. It Also Offers Many Security Measures. However, It Is Currently Regulated And Cannot Be Traded By US Residents.
Not Suitable For Beginners. Their FSC Has Been Exceeded, And The Commission Program They Charge Is Too Complicated For Beginners, And It Does Not Offer Services To US Residents.