TenXTrade
Extrait：Founded in 2020, TenXTrade is an unregulated broker registered in South Africa, offering trading on forex, CFDs and derivatives via the MT5 trading platform. The minimum deposit requirement is as high as $500.
| TenXTradeReview Summary | |
| Founded | 2020 |
| Registered Country/Region | South Africa |
| Regulation | No regulation |
| Market Instruments | Forex, CFDs, derivatives |
| Demo Account | ✅ |
| Leverage | / |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | $500 |
| Customer Support | Tel: +27 10 753 2461 |
| Email: info@tenxtrade.com | |
| Facebook, Instagram, Linkedin, YouTube | |
| Regional Restrictions | USA and Canada clients are not allowed |
TenXTrade Information
Founded in 2020, TenXTrade is an unregulated broker registered in South Africa, offering trading on forex, CFDs and derivatives via the MT5 trading platform. The minimum deposit requirement is as high as $500.
Pros and Cons
| Pros | Cons |
| Demo accounts | No regulation |
| MT5 platform | Unclear trading fees |
| High minimum deposit requirement | |
| Limited payment options | |
| Regional restrictions |
Is TenXTrade Legit?
No. TenXTrade has no valid regulations currently. Please be aware of the risk!
What Can I Trade on TenXTrade?
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Derivatives | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, mobile | Experienced trader |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
The broker accepts payments via Ozow, FNB, PayFast, Skrill and Neteller.
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