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TenkoFX

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Operating status: SCAM

Website: https://tenkofx.com/

Broker violations and abnormal records
  • 2021-06-14 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
2023-03-09
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.
2023-06-18
Reply
Izza
Not good. Believe me. They used the profits to cancel my dividend for $900d. You can't make money here.
2023-06-03
Reply
Alie Campbell
Tenkofx is an excellent broker with good support and tight dissemination.
2023-06-02
Reply
Fareed Mohammed
The trading platform is good but the mobile trading is not. Sometimes there are disconnections. Withdrawals are good & customer service is excellent.
2022-10-30
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.
2022-10-30
Reply
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.
2022-10-30
Reply
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.
2022-10-13
Reply
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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.

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