TenkoFX Broker Review – A Comprehensive Analysis

As a part of DayFunded's ongoing mission to provide comprehensive and unbiased reviews of trading brokers, Today, we’ll be taking a deep dive into TenkoFX.

TenkoFX is an online trading broker that has been serving clients since 2012. Although it is a relatively new player in the financial market, the broker has managed to attract a significant client base due to its multiple beneficial features and offerings.

Basic Information

TenkoFX, operated under TenkoFX Limited, requires a minimum account size of just $10, making it easily accessible for new traders or those who prefer trading with minimal funds. Having such a low minimum account size naturally simplifies the process for beginners without large capital to start trading.

The minimum position size offered by TenkoFX is 0.1. This ensures that new traders can manage risk appropriately without having to stake large amounts of capital. It also means that traders can open larger positions if they wish, offering greater flexibility depending on your trading style and risk tolerance.

In terms of regulatory compliance, TenkoFX has not been noted for any serious regulation. This lack of regulation could be a concern for traders who prioritize strict regulatory oversight. It's imperative to conduct personal research to ascertain any regulatory measures TenkoFX has in place to protect your funds.

Features and Ratings

TenkoFX has an average user rating of 9, which points to high customer satisfaction regarding the broker’s features, customer service, and overall trading experience. It strongly indicates that TenkoFX has been doing a good job meeting the needs and expectations of its users.

The broker offers several salient features that cater to both beginners and experienced traders. These include free education resources and a personal manager. These educational resources can prove vital for novices wanting to learn more about trading while also being useful for seasoned traders looking to sharpen their strategies. The provision of a personal manager is an added bonus that could greatly enhance the trading experience.

TenkoFX also offers a PAMM (Percentage Allocation Management Module) system, which enables investors to earn without making trades themselves and gives experienced traders an opportunity to earn additional income by managing investors' funds.

Unfortunately, it's worth noting for international readers of our review that TenkoFX doesn't cater to US traders.

TenkoFX offers a maximum leverage whose acronym couldn't be easily deciphered, however, remember that while high leverage gives traders the ability to make significant profits from small market movements, it also increases the risk of significant losses.

In conclusion, TenkoFX seems to have made a substantial mark in the industry following its inception in 2011 and manages to continue to do so with a myriad of impressive features. Its high customer satisfaction rating justifies this evidence.

However, the lack of serious regulatory oversight might call for caution. Traders should always do their own due diligence before investing with any broker, and this is no exception. Trading, as always, carries significant risk, and any decisions should be made carefully, and preferably with expert advice.