10TradeFx Review

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Rating:
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Fast Facts

Founded: Account Currencies
2014 USD, EUR, and GBP
Trading Instruments: Trading Platforms:
Forex, CFDs, Stocks, Commodities MetaTrader 5, Web Trader
Funding Methods: Regulation
Cryptocurrency, E-Wallets, Bank Transfers FSA (Seychelles)
Max Leverage: Min Deposit:
1:500 $100

 

Contact Info and Support

Telephone: +357 22 277788

Company Address: CT House, Office No. 9A, Providence, Mahe, Seychelles

Supported languages: English, Arabic, German, French, Russian, and Spanish.

 

Pros and Cons

Pros Cons
Supports the MT5 trading platform. Offshore regulation with limited investor protection.
Offers multiple trading instruments including forex and commodities Inactivity fees may apply on dormant accounts.
Provides copy trading features for beginners. Limited transparency about company ownership.
Zero-commission trading on some accounts. Customer support options are limited compared to major brokers.
Multiple deposit and withdrawal methods available. Not as trusted as top-tier regulated brokers like FCA or ASIC brokers.

 

Deposits / Withdrawals

  • Deposit Methods:- Cryptocurrency, E-Wallets, Bank Transfers.
  • Withdrawal Methods:- Cryptocurrency, E-Wallets, Bank Transfers.

 

About 10TradeFx

TenTrade (was called 10TradeFX in the past) is an online forex and CFD broker which is operated by Evalanch Ltd. It is regulated under the Financial Services Authority (FSA) license SD082 and registered in Seychelles. It provides access to global financial markets like forex, commodities, indices, and shares, through which traders can manage different assets in one portfolio. The broker is mainly available on the MetaTrader 5 (MT5) platform for all platforms such as mobile, desktop, and web, so users can access advanced charting, automated trading, and fast execution.


They are providing different account types for beginners and experienced traders, and the deposit options differ such as spreads, leverage (up to 1:500), and deposit requirements. But it is an offshore regulated broker, so it may not offer the same level of protection as FCA and ASIC. So, every trader must research before selecting the broker, including regulation and risk possibilities.

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