TenkoFX Review 2020

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TenkoFX is a brokerage company established in 2012 in New Zealand.
Unlike many dealing centers, the broker offers its clients STP (Straight-Through Processing) technologies which means that orders are delivered directly to the liquidity provider excluding any possibility of the broker’s intervention in a trader’s or investor’s activities.

  • Start year:2012
  • Country of origin:Belize
  • Regulation:IFSC (Belize)
  • Payment options:Visa cards, MasterCard cards, WebMoney, Neteller, QIWI, Fasapay, Skrill, bank transactions in US dollars and rubles
  • Minimum account size:$10
  • Minimum lot size:0,01
  • Leverage:1:500
  • Spreads:from 0 pip

The customers of TenkoFX trade directly with the world’s leading banks such as Bank of America, Deutsche Bank, Goldman Sachs, UBS, JPMorgan Chase etc. The broker guarantees transparent price formation and narrow spreads under any trading conditions.

The trading conditions of TenkoFX include

  • minimum deposit of $10;
  • leverage up to 1:500;
  • lowest spreads from 0 pips;
  • minimum trade size of 0.01 lot;
  • up-to-date trading platforms such as MetaTrader 4 and cTrader;
  • market execution.
  • Among the financial instruments offered by the broker are a variety of currency pairs, metals, futures, CFDs, and stocks.

With TenkoFX, there are three types of accounts available: Standard, ECN, and Cent. Most individual traders prefer Standard accounts while forex beginners might find it more convenient to start with Cent accounts. With Standard and Cent, spreads are fixed. You only need to deposit $10 to start trading. You can also open a demo account.

TenkoFX provides various bonuses which are available to everyone, from novices and occasional traders to real forex professionals. The list of bonuses is regularly updated. For instance, the VIP bonus is offered to the most loyal clients with a long trading record. It serves as a safety cushion protecting a trader against Stop Out. By participating in a campaign called ‘Be more than a trader, be a TenkoTrader!’ any client can get a 30-percent deposit bonus.

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