TenX Prime -Overview of Minimum Deposit, Leverage, Spreads
Abstract： TenX Prime is an exceeded broker, offering trading on currency pairs, metals & oil, and cryptocurrencies with leverage up to 1:500 and spread from 0.1 pips on MT4 trading platform. The minimum deposit requirement is $25.
| TenX Prime Review Summary | |
| Founded | 2021 |
| Registered Country/Region | Saint Vincent and the Grenadines |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Currency pairs, metals & oil, cryptocurrencies |
| Demo Account | ❌ |
| Leverage | Up to 1:500 |
| Spread | From 0.1 pips |
| Trading Platform | MT4 |
| Minimum Deposit | $25 |
| Customer Support | Tel: +61731033723 |
| Email: support@tenxprime.com | |
| Social media: Facebook, Instagram, X, Youtube | |
| Regional Restrictions | Australia, Canada, Ethiopia, Gibraltar, Israel, New Zealand, North Korea, Philippines, Poland, Singapore, United Kingdom and United States of America clients are not allowed |
TenX Prime Information
TenX Prime is an exceeded broker, offering trading on currency pairs, metals & oil, and cryptocurrencies with leverage up to 1:500 and spread from 0.1 pips on MT4 trading platform. The minimum deposit requirement is $25.
Pros and Cons
| Pros | Cons |
| MT4 platform | Exceeded regulation |
| Low minimum deposit requirement | No demo accounts |
| No deposit/withdrawal fees |
Is TenX Prime Legit?
No. TenX Prime is regulated by FSCA, but currently exceeded. Please be aware of the risk!
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Sector Conduct Authority (FSCA) | Exceeded | TENX PRIME (PTY) LTD | Financial Service Corporate | 52035 |
What Can I Trade on TenX Prime?
TenX Prime offers trading on currency pairs, metals & oil, and cryptocurrencies.
| Tradable Instruments | Supported |
| Currency pairs/Forex | ✔ |
| Metals & oil | ✔ |
| Cryptocurrencies | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
TenX Prime offers TENX MT4 accounts:
| Account Type | Minimum Deposit |
| TENX MT4 | $25 |
Leverage
TenX Prime offers flexible leverage options:
| Trading Instruments | Maximum Leverage |
| Currencies | 1:500 (1:100 for ZARJPY) |
| Metals | 1:200 |
| Energies | 1:100 |
| Cryptocurrencies | 1:25 |
It's important that forex traders learn how to manage leverage and employ risk management strategies to mitigate forex losses.
TenX Prime Fees
TenX Prime offers floating spreads from 0.1 pips and no commissions.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | desktop, mobile, web | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
TenX Prime accepts payments via bank transfer, wire transfer, Bitcoin and VISA.
| Payment Options | Minimum Deposit/Withdrawal | Deposit/Withdrawal Fees | Deposit Time |
| Bank transfer | $25 | 0 | Instant |
| Wire transfer | 1-3 hours | ||
| Bitcoin | 0.00037 BTC | 3-30 minutes | |
| VISA | $25 |
Read more
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