ANSWER Dear Investor,
TenkoFX is not a reliable trading broker.
The platform claims to be operated by Tenko Systems Limited and provides an address in Saint Kitts and Nevis. However, Saint Kitts and Nevis currently does not have a regulatory authority that oversees margin forex trading and CFDs. Furthermore, the Financial Services Regulatory Commission (FSRC) primarily functions as an offshore company registration body, and we could not find any records of Tenko Systems Limited in its system.
Therefore, we suspect that TenkoFX does not hold any valid broker licenses and may not even be a compliantly registered company. We strongly advise you to avoid trading with such a broker to protect your capital.
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