TenTrade

TenTrade Review: Is TenTrade a Good Broker?

Broker overview and general information

TenTradeIt is a broker that provides trading services in a variety of assets such as Forex, Commodities, Stocks, Cryptocurrencies and other digital assets such as NFTs. It focuses on providing a comprehensive service with an ecosystem that supports access to modern financial instruments and full-service brokerage services. The broker's platform is also designed to suit both new and experienced investors.

Broker Licensing and Regulation

If you ask whether TenTrade is good or not, you should start by considering the license and registration factors first, which are detailed as follows:

• Financial Services Authority (FSA Seychelles) License No. SD082 under Evalanch Ltd.

TenTrade Products and Services

Trading products

• Forex

  Trade over currency pairs40 pairsWith tight, fixed spreads and leverage up to 1:500, the Forex market is the most volatile financial market in the world, where trading takes place between currency pairs, speculating on whether one of the currencies will rise or fall in value. TenTrade offers a wide range of currency pairs including major, minor and exotic pairs, with spreads starting from 0.1 pips

• Commodities

  TenTrade offers trading in popular commodities from around the world, such as:Crude Oil,Brent,Natural Gasand Gold (Spot Gold)With low margin requirements, commodities are an important asset class for portfolio diversification, giving traders the flexibility to weather market volatility.

• Index

  Expand your investment by trading major global indices, with no commissions or hidden costs. An index is a collection of stocks that represent a sector of the overall market. Traders can predict the movement of an index based on economic factors such as inflation, unemployment, economic growth, and major political events. TenTrade offers trading in leading stock indices such as: UK FTSE 100,German DAX, and Nikkei

• Shares Trading

  TenTrade offers stock trading from leading global companies such as: Apple,Tesla, and AmazonIt enables you to diversify your investment portfolio and benefit from stock price movements to increase your profit potential. TenTrade’s MetaTrader 5 platform also supports a wide range of stocks with low margins and competitive commissions.

• Cryptocurrency CFDs

  Trade Cryptocurrency24 hours a day, without any restrictions on transactions or trading time.

• NFTs

  TenTrade also offers traders the opportunity to invest and trade in NFTs (Non-Fungible Tokens)Which is a new form of digital asset that is becoming popular.
  

Trading Platform

MetaTrader 5

Brokers use MetaTrader 5 (MT5) as the main platform to provide trading services to clients because MT5 is a popular platform in the global trading world.

Copy Trading

Support Copy Trading service, you can copy traders' trades or become a portfolio manager and guide others to copy your trades.

Copy Trading as a Portfolio Manager

• Register for free: Create a profile and upload trading history.

• Set Performance Fees: Set the fee to be received from followers.

• Earn: When followers copy your trades, you earn a share of their profits based on a set fee.

• No liability: Losing trades, no liability for the followers' losses.

• Profit Withdrawal Schedule: You can set the frequency of profit withdrawal to your bank account.

Copy Trading as a Follower

• Register for free: Log in using your MetaTrader 5 username and password.

• Select Port Manager: Select the desired port manager.

• Automatic copying: The system will automatically copy trades even when you leave the platform.

• Set Leverage: You can set the leverage as you wish, it does not have to be the same as the portfolio manager.

• Responsible for Losses: You are responsible for any losses incurred by copying trades.

• Earn Profit Share: If the trade is profitable, you will receive a share based on the set fee.

• Withdraw Profits: You can withdraw your profits to your bank account at any time.

TenTrade Review: Account Types 

Account types There are 3 types as follows:

Deposit and Withdrawal Review

Deposit and withdrawal channels

The broker offers multiple deposit and withdrawal options, with the main methods being:

• Credit/Debit Card - Additional fees apply from the bank.

• Electronic wallets: Skrill , Netteller

• Bank transfer

Minimum-Maximum Quantity:Each method has a minimum and maximum amount depending on the trading account type.

fee: Additional fees may apply from your bank or service provider.

Processing time: No information is provided.

TenTrade Customer Service

• E-Mail : [email protected]

• Tel: +2484344087

• LinkedIn :https://www.linkedin.com/company/91481602/admin/

• YouTube:https://www.youtube.com/channel/UCAYKFy9zS36SHUbLBCi7-Pg

Broker Review Overview Summary

TenTrade is a broker that has both clear advantages and disadvantages. On the positive side, it supports popular trading platforms such as MetaTrader 5 (MT5).With a full range of analytical tools, it caters to traders who want flexibility and convenience in trading. In addition, the broker offers high leverage, making trading more accessible to those with a small amount of capital.

However, there are some concerns about License reliability.Including Deposit,-Withdrawa,l Details.And the fees may not be clear, which may cause some users to lack confidence. In addition, the availability of only the MT5 platform and a relatively high minimum deposit may be limiting for some traders.

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TenTrade Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.