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TenkoFX

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Operating status: SCAM

Website: https://tenkofx.com/

Broker violations and abnormal records
  • Jun 14, 2021 BrokersView has reviewed that TenkoFX is an unregulated forex broker
    TenkoFX claims to be regulated by BELIZE IFSC, but currently it's actually not regulated by any financial regulator when we checked on BELIZE IFSC. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.
    TenkoFX claims to be regulated by BELIZE IFSC, but currently it's actually not regulated by any financial regulator when we checked on BELIZE IFSC. That means investors' funds in this broker is unsafe and cannot be protected by any laws. Therefore, it is a scam broker.

Related Complaints

Q&A

How much commission here?

Linda Fx
Georgia
Mar 09, 2023
ANSWER TenkoFX is an unlicensed trading platform even though it states offers that look too good to be true.TenkoFX presents zero details about its regulatory information, which is always a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.The truth is, TenkoFX is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. As for the question you asked, we would like to recommend traders stay away from unregulated brokers like TenkoFX and trade with licensed brokers.
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7 comments

AHR
The advantages of Tenkofx are the unique narrow spreads. There is no difference between the quotation of the simulated account and the real account. Execution is great.Cons: a platform -- an old Metaquotes 4, no economic news at all, an economic calendar, very little PAMM. There is no training and no traders' forum.
Jun 18, 2023
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Izza
Not good. Believe me. They used the profits to cancel my dividend for $900d. You can't make money here.
Jun 03, 2023
Reply
Alie Campbell
Tenkofx is an excellent broker with good support and tight dissemination.
Jun 02, 2023
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Fareed Mohammed
The trading platform is good but the mobile trading is not. Sometimes there are disconnections. Withdrawals are good & customer service is excellent.
Oct 30, 2022
Reply
Geraldine
Not good. Believe me. I was cheated out of 6500USD by Tenkofx. Even after a month of follow-up, they couldn't process my withdrawals... No matter how hard I try, it's all in vain.
Oct 30, 2022
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Ravindra
I traded in tenkofx for about 3 months, but they changed the swap rate and took all my money ($1100), It’s a scam. Stay away from them.
Oct 30, 2022
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Tahmina Begum
It is impossible to withdraw funds in TenkoFX trading. I have been sending out withdrawals. Tried email, online chat (always offline) and now they prevent me from accessing their website. This is a liar broker, don’t choose them.
Oct 13, 2022
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.