Score

1.41 /10
Danger

TenXTrade

South Africa

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Time Machine
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Score

Regulatory Index0.00

Business Index6.23

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

TenXTrade

Company Abbreviation

TenXTrade

Platform registered country and region

South Africa

Company website

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Linkedin

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TenXTrade · Company summary
TenXTrade Review Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationNo regulation
Market InstrumentsForex, CFDs
Demo Account
Leverage/
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportTelephone: +27 71 878 2991
Email: info@tenxtrade.com
Facebook/Instagram/LinkedIn/YouTube
Address: 110 Ouklipmuur Ave, Equestria, Pretoria, 0184

TenXTrade Information

TenXTrade is a broker that was registered in South Africa. The tradable instruments include forex and CFDs, as well as services such as education, support, and market access, and it offers a free cent account. However, TenXTrade is still risky due to its unregulated status and limited transparent information.

TenXTrade Information

Pros and Cons

Pros Cons
Personalized supportUnregulated
Various servicesLimited transparent information
Free cent account providedDemo account unavailable

Is TenXTrade Legit?

TenXTrade is not regulated, making it less safe than regulated brokers.

license
domain

What Can I Trade on TenXTrade?

TenXTrade offers trading services on forex, andCFDs.

Tradable Instruments Supported
Forex
CFDs
Futures
Options
Bonds

Account Type

TenXTrade provides a Free cent account.

Account Type Supported
Free cent account
Account Type

User Reviews

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User comment

1

Comments

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Vibol Khun
more than one year
This company claims to provide a one-stop trading experience for retail traders. From my experience, the experience is indeed a one-stop shop, but it is not very pleasant. The worst part is the customer service, it always takes hours for them to respond to my messages. That's because of the jet difference?
This company claims to provide a one-stop trading experience for retail traders. From my experience, the experience is indeed a one-stop shop, but it is not very pleasant. The worst part is the customer service, it always takes hours for them to respond to my messages. That's because of the jet difference?
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2023-03-16 17:35
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