Score

1.40 /10
Danger

Tenoris FX

Suspicious Regulatory License

White label MT5

Regional Brokers

High potential risk

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Score

Regulatory Index0.00

Business Index6.18

Risk Management Index0.00

Software Index4.00

License Index0.00

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No valid regulatory information, please be aware of the risk

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Broker Information

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Company Name

Tenoris FX LLC

Company Abbreviation

Tenoris FX

Platform registered country and region

China

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-09-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Tenoris FX · Company summary

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

General Information & Regulation

Feature Detail
Regulation No Regulation
Market Instrument forex, indexes, stocks, cryptocurrencies, metals and commodities
Account Type Argenti, Aurum and Diamond
Demo Account N/A
Maximum Leverage 1:100
Spread Argenti: from 0.8 pips | Aurum: from 0.5 pips | Diamond: from 0.0 pips
Commission $3-$10 per lot
Trading Platform MT5 for Desktop, Mobile and Webtrader
Minimum Deposit $100
Deposit & Withdrawal Method N/A

TenorisFx presents itself as a forex & CFDs provider registered in China that claims to provide its clients with various tradable financial instruments with leverage up to 1:100 and variable spreads from 0.0 pips on the MT5 trading platforms via 3 different live account types, as well as 24/7 live chat customer support service. Here is the home page of this brokers official site:

General Information & Regulation

As for regulation, it has been verified that TenorisFx currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.21/10. Please be aware of the risk.

General Information & Regulation

Market Instruments

TenorisFx advertises that it offers access to 1,000+ markets, which include forex, indexes, stocks, cryptocurrencies, metals and commodities.

Market Instruments

Account Types

TenorisFx claims to offer three types of trading accounts - Argenti, Aurum and Diamond, with minimum initial deposit requirements of $100, $1,500 and $5,000 respectively.

Account Types

Leverage

The maximum leverage provided by TenorisFx is capped at 1:100. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads & Commissions

All spreads with TenorisFx are a floating type and scaled with the accounts offered. For example, the spread starts from 0.8 pips on the Argenti account, from 0.5 pips on the Aurum account and 0.0 pips on the Diamond account. As for the commission, the broker says that the commission for the lottery goes from $3 for each lot opened and goes up to $10 depending on the type of account you have.

Trading Platform Available

The platform available for trading at TenorisFx is one of the most notable and preferred trading platforms the market offers - MT5 for Desktop, Mobile and Webtrader. This trading terminal is highly praised by traders and brokers alike due to its ease of use and great functionality. The MT5 offers top-notch charting and flexible customization options. It is especially popular for its automated trading bots, a.k.a. Expert Advisors.

Trading Platform Available

Deposit & Withdrawal

The minimum initial deposit requirement with TenorisFx is said to be $100. However, it says nothing about the acceptable payment methods directly.

Bonuses

TenorisFx claims to offer a 15% deposit bonus. In any case, you should be very cautious if you receive a bonus. Bonuses aren't client funds, they're company funds, and fulfilling the heavy requirements that are usually attached to them can prove a very daunting and difficult task. Note that brokers are prohibited from using bonuses and promotions by all leading regulators.

Customer Support

TenorisFx‘s customer support can be reached 8 am to 6 pm, Monday to Friday by email: soporte@tenorisfx.com or live chat. However, this broker doesn’t disclose other more direct contact information like telephone numbers or the company address that most transparent brokers offer.

Pros & Cons

Pros Cons
• Multiple instruments and account types offered • No regulation
• Variable spreads from 0.0 pips • Commission charged
• MT5 supported • Information on payment methods is missing

Frequently Asked Questions (FAQs)

Q 1: Is TenorisFx regulated?
A 1: No. It has been verified that TenorisFx currently has no valid regulation.
Q 2: Does TenorisFx offer the industry-standard MT4 & MT5?
A 2: Yes. TenorisFx offers the MT5 for Desktop, Mobile and Webtrader.
Q 3: What is the minimum deposit for TenorisFx
A 3: The minimum initial deposit to open an Argenti account is $100, while $1,500 is for the Aurum account and $5,000 for the Diamond account.
Q 4: Does TenorisFx charge a fee?
A 4: Like every forex broker, TenorisFx charges a fee when you trade - either in the form of a commission fee or spread fee. While the information on the deposit and withdrawal fees is missing.
Q 5: Is TenorisFx a good broker for beginners?
A 5: No. TenorisFx is not a good choice for beginners. Although it offers the MT5 trading platform, the lack of legitimate regulation is an unchangeable truth.

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Linex
more than one year
Okay, so Tenoris FX has a pretty good minimum deposit if you're just starting out. But, you know, you gotta check out their regulation before you dive in. It's not a bad platform, but it's not regulated.
Okay, so Tenoris FX has a pretty good minimum deposit if you're just starting out. But, you know, you gotta check out their regulation before you dive in. It's not a bad platform, but it's not regulated.
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2024-07-22 17:42
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FX1473744132
more than one year
Tenoris FX provides a top-notch trading experience; they're my top recommendation. The platform is secure, efficient, and very user-friendly. Their customer service is standout - prompt, helpful, and reliable. I had an insignificant issue with my account password and it was resolved with outstanding professionalism and efficiency. Withdrawals are notably quick which adds to the overall positive experience. Definitely a platform worth investing in.
Tenoris FX provides a top-notch trading experience; they're my top recommendation. The platform is secure, efficient, and very user-friendly. Their customer service is standout - prompt, helpful, and reliable. I had an insignificant issue with my account password and it was resolved with outstanding professionalism and efficiency. Withdrawals are notably quick which adds to the overall positive experience. Definitely a platform worth investing in.
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2024-05-16 11:58
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