TenTrade Review 2026

Trust

TenTrade Regulators

In our reviews, we examine the regulatory status of each entity operated by a broker. This allows us to compare the different levels of client protection. We rank regulators using a three-tier system, where Tier-1 licensing reflects the highest level of regulation.

Here are my findings on TenTrade:

• Evalanch Ltd is licensed and regulated by the Seychelles Financial Services Authority (FSA) with license number SD082. We rate Seychelles FSA as a Tier-3 regulator.

How TenTrade Protects You

Brokers operate multiple entities to serve clients globally, yet regulatory protections vary by jurisdiction. Some regulators enforce strict financial standards, while others are more lenient. Traders should understand the protection offered by the entity where they intend to open an account.

✅ Segregation of Client Funds: Keeping client funds in segregated bank accounts from the ones used for the broker’s corporate capital negates the risk of accounting errors. TenTrade segregates all client funds.

✅ Negative Balance Protection: This safety mechanism removes the risk of trading losses exceeding the account balance. In other words, the losses you incur from trading are capped at the amount you have put in your trading account. This is especially important in volatile markets. TenTrade provides negative balance protection.

❌ Compensation Scheme: A compensation scheme protects retail traders against the broker’s liabilities in the unlikely event that the company becomes insolvent. TenTrade clients are not protected by a compensation scheme.

Stability and Transparency

In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focus on the broker’s operating history, size, and overall credibility.

Founded in 2019, TenTrade has a relatively short but established presence in the industry. Its LinkedIn profile lists between 51 and 200 employees, placing it in the small to mid-sized broker category.

TenTrade provides clear corporate and regulatory information, with its operating entities disclosed in the website footer and trading costs detailed in the Client Agreement in the Legal Documents section. Overall, the essential details are accessible without excessive digging. I rate TenTrade as having an average level of transparency.

Is TenTrade Safe to Trade With?

In summary, my findings indicate that TenTrade can be regarded as having a moderate level of trust and stability due to the following factors:

• Operates under a single offshore entity regulated by the Seychelles FSA, which offers lighter oversight than top-tier regulators.
• Provides key safeguards, including segregated client funds and negative balance protection.
• Clearly discloses its corporate structure and trading conditions on its website.
• Has a relatively short operating history, having been founded in 2019.

Fees

TenTrade Trading Fees

TenTrade Spreads

I tested the spreads at TenTrade during the London open and just after the New York open on 12 January 2026. At these times, the market is typically highly liquid with the tightest spreads.

I found that EUR/USD tracks close to the industry average, while GBP/JPY and the DAX 40 are noticeably wider. Gold and Bitcoin are competitively priced, and equity CFDs like Apple and Tesla also come in cheaper than average. Overall, costs are reasonable, with strengths in equities and crypto offset by wider spreads on some forex pairs and indices.

More experienced traders can find more competitive pricing on TenTrade’s ECN account, which features spreads from 0.0 pips plus $6 round-turn commission.

TenTrade Swap Fees

In the table below, you can see the Swap Long (the cost/credit of holding a buy position overnight) and the Swap Short (the cost/credit of maintaining a sell position overnight) for one full-sized contract.

In forex, a full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair), or 100 ounces in the case of gold. I recorded the data on 12 January 2026.

My tests revealed that swap fees at TenTrade are average for forex and slightly higher than the industry average for gold.

TenTrade Non-Trading Fees

A $15 inactivity fee is applied after three full months without trading and continues each month until the account balance reaches zero or the client resumes activity. TenTrade does not charge any fees for deposits or withdrawals.

Are TenTrade Fees Competitive?

TenTrade’s fee structure is mixed, with competitiveness varying by account type. The Pro account offers spreads that sit close to or slightly wider than the industry average, making it suitable for casual traders but less appealing to cost-conscious traders.

The ECN account offers tighter raw spreads plus commissions, providing better value for active traders and scalpers. TenTrade also does not charge for deposits or withdrawals; however, an inactivity fee applies after three months of dormancy.

Platforms and tools

TenTrade MT5 Desktop

General Ease of Use

The MT5 platform provides a robust trading experience, featuring a clear and intuitive interface. While it is feature-rich and better suited to experienced traders, beginners can get up to speed with practice via the demo account. TenTrade provides access to MT5 via desktop, web, and mobile.

Key Features

• Alerts: Price alerts can be set for key levels.
• Watchlists: Customizable watchlists allow easy monitoring of preferred instruments.
• One-Click Trading: Speeds up order execution for scalping or volatile market conditions.
• Trading from the Chart: Orders can be placed directly on charts.
• Direct Hedging: Supported for traders running multiple positions in the same instrument.

Charts

MetaTrader 5 offers flexible charting with candlestick, bar, and line types, over 80 technical indicators, and more than 40 drawing tools. Timeframes range from 1 minute to 1 month, making it suitable for both scalpers and long-term traders. Charts can be customized, detached, and used for one-click trading.

Orders

MT5 supports market, limit, stop, trailing stop, and pending orders, giving traders flexible execution options suitable for scalping, swing trading, and automated strategies. For greater precision, orders can be placed directly from the chart or the Depth of Market (DOM) tool.

MT5 WebTrader

General Ease of Use

The MT5 web platform delivers a clean, desktop-like trading experience directly in your browser with no installation required. My first impression was that it feels very similar to the TradingView platform. Navigation is smooth and intuitive, making it easy to manage watchlists, browse markets, and place trades from any device. Real-time quotes and quick access to contract specifications keep key information at your fingertips, while the platform’s overall layout is polished and beginner-friendly.

Charts

Charting on MT5 Web is robust, offering 30 built-in indicators, 24 drawing tools, and nine timeframes ranging from one minute to one month. Traders can switch between candlestick, line, and bar charts, and place trades directly from the chart with one click. I especially like the ability to overlay upcoming economic events onto the chart, which helps traders stay aware of market-moving releases without leaving the platform.

Orders

MetaTrader Web supports all major order types, including market, limit, and stop orders, as well as stop-loss and take-profit levels, for effective risk management. Execution is fast, and the interface makes it easy to place, modify, or close positions in seconds. With its full order functionality and advanced tools, MT5 Web provides a powerful and convenient trading experience entirely within the browser.

MT5 Mobile App

General Ease of Use

The MT5 mobile app has a clean, intuitive design that’s easy to navigate on small screens. Traders can create watchlists, view interactive charts, and place or adjust orders in just a few taps. With real-time quotes, news, and an economic calendar, it delivers fast execution and convenient access to detailed market information on the go.

Charts

The MT5 app offers versatile charting tools with multiple types, including candlestick, line, and bar charts. Traders can apply over 30 built-in indicators such as Moving Averages, MACD, Bollinger Bands, and RSI, plus 20+ drawing tools like trend lines and Fibonacci retracements. Timeframes span from one minute to one month, supporting both short-term and long-term analysis, with one-touch trading directly from charts.

Orders

The MT5 app offers a full range of order types to suit different trading styles. Market orders allow instant execution, while limit and stop orders help traders enter at predefined levels. Stop-loss and take-profit orders manage risk and secure gains, giving traders precise control over execution and risk management.

MetaTrader 5: My Key Takeaways

MT5 delivers a strong, all-round trading experience across desktop, mobile, and web. The desktop platform offers fast execution, deep customisation, advanced charting, and reliable algorithmic trading through Expert Advisors (EAs), making it ideal for serious traders.

The mobile app combines simplicity with powerful features, providing solid charting tools, fast execution, integrated news, and effective risk management for trading on the go. The web platform adds a clean, intuitive interface that feels similar to TradingView, with smooth navigation, real-time quotes, robust charting tools, full order functionality, and convenient browser-based access.

Copy Trading

TenTrade’s copy trading platform offers a straightforward way for users to mirror the strategies of experienced traders. It integrates seamlessly with MT5 and is available for all account types, making it easy for both beginners and time-pressed traders to gain market exposure without having to manage every trade manually. Joining as a follower is free, and trades are copied automatically in real time, with adjustable risk settings and no limitations on withdrawing profits.

For skilled traders, TenTrade provides the opportunity to become copy providers and earn passive income based on their performance. Providers can build a following, manage multiple accounts, and withdraw their earnings freely. The platform also fosters a community-driven environment where strategies and insights can be shared. However, I noted that there were relatively few attractive strategies on the platform when I performed my tests.

TenTrade Order Execution Model

TenTrade is the contractual counterparty to clients. In this sense, it is a market maker. When executing orders, TenTrade obtains the best possible result for clients, taking into account factors like price, costs, speed, likelihood of execution and settlement, size, and market impact.

Tradable instruments

TenTrade offers a moderate but well-balanced range of instruments. The 47 forex pairs are solid and fall within the typical industry range. Commodities and indices selections are relatively small but still cover the key markets most traders use.

The stock offering is noticeably below the industry average, which usually ranges much higher. Cryptocurrency coverage is stronger, with 18 major and minor coins, placing it slightly above the industry norm.

What are CFDs?

A Contract for Difference (CFD) is an agreement specifying that the buyer must pay the seller the difference between an asset’s current value and its value at the time the contract was initiated. Like futures and other derivative financial instruments, CFDs allow traders to speculate on price movements without owning the underlying asset.

What Can You Trade with TenTrade?

To better illustrate the range of instruments available at TenTrade, the following tables show samples from various asset classes:

TenTrade Instruments: My Key Takeaways

TenTrade provides sufficient depth for most trading strategies, particularly in forex and crypto. However, traders seeking an extensive stock CFD catalog may find the offering limited compared with larger competitors. TenTrade could also do better by adding CFDs on soft commodities like soybeans and coffee.

Customer support

TenTrade Customer Support Test

Support is a key component of a broker’s offering – whether you are a new trader looking for guidance on how to use the platform or an experienced trader who needs help fast to exit their positions in the event of a technical glitch.

I tested TenTrade’s customer support for more than a week and received helpful answers via live chat, although there was a short wait for a response. The ticketing system within the client portal performed well, and I consistently received same-day responses to all inquiries.

I reached out with both straightforward and technical questions related to fees, platforms, and regulatory information. The replies were generally clear, helpful, and addressed the issues directly.

Deposit and withdrawal

How Do You Deposit Money with TenTrade

How Do You Withdraw Money from TenTrade

Account types and terms

How to Open an Account with TenTrade

The onboarding process at TenTrade is straightforward and quick. New users provide their basic details, including name, date of birth, country of residence, phone number, and email, before creating a secure password.

Once the profile is set up, the broker prompts you to verify your identity by uploading standard documents such as proof of identity and proof of address. Overall, the experience feels streamlined and simple.

What Account Types TenTrade Offers

TenTrade offers four account types suited to different traders. The Pro account is a simple, commission-free STP account with spreads from 1.1 pips, ideal for beginners. Pro Plus offers tighter spreads, starting from 0.5 pips, and suits cost-conscious intermediate traders. However, it has a high deposit of $20 000.

The ECN account delivers raw spreads from 0 pips with a small commission, making it a strong choice for scalpers and active traders. Dynamic Leverage is commission-free, with spreads starting from 1.1 pips and leverage of up to 1:2000, making it an appealing option for experienced traders seeking maximum leverage.

Demo Account

TenTrade offers a demo account via the MT5 platform. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. The demo account features live quotes and simulates live market conditions in assets like forex and CFDs on commodities, indices, and stocks. Once users are up to speed on a demo, they can easily switch to a live account.

Islamic Account

For Islamic clients, TenTrade offers a swap-free account that adheres to certain principles of Sharia law.

What is CFD Leverage?

One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account.

TentTrade offers the maximum leverage of 1:500 on the Pro Account. This means that with an account of $1,000, you can control up to $500,000 worth of positions in the market. This is a high level of leverage and risky to use.

Leverage is often described as a ‘double-edged sword’ as it can hurt you as much as it helps you. Traders should keep in mind that it can amplify both their profits and their losses.

Pro Account leverage varies by asset class, as illustrated in the following table:

TenTrade Restricted Countries

TenTrade does not accept clients from the United States, Cuba, Sudan, Syria, North Korea, Bosnia & Herzegovina, Burundi, Belarus, the Central African Republic, Eritrea, Yemen, South Sudan, Somalia, Sri Lanka, Spain, or Iran.

Research

TenTrade’s News Room provides a clean and well-organized hub for ongoing market coverage, featuring technical analysis, market news, and broader educational commentary. The content is neatly categorised and easy to navigate, helping traders quickly find updates that suit their style.

Posts cover major currency pairs, important economic releases, and developments in equity markets. The frequency of updates is relatively light, with new articles added only every three days. The platform includes an economic calendar, which adds helpful context by highlighting key data points and events that may influence upcoming price action.

The analysis provided is generally concise and actionable, focusing on chart patterns, important levels, and short-term market drivers. This makes it useful for everyday trade planning, though some articles remain high-level rather than deeply analytical.

Author details are limited, which makes it harder to evaluate the depth of expertise behind the commentary. It’s also important to note that TenTrade lacks a real-time professional news feed, like Reuters or Bloomberg, so traders who rely on instant headline updates will need to use external sources.

TenTrade Research: My Key Takeaways

Overall, TenTrade’s News Room is a solid supplementary resource for traders seeking regular, digestible insights across popular markets. It works best as a quick commentary tool rather than a full research terminal. For those who appreciate straightforward analysis and a built-in economic calendar, it complements the broader educational materials offered through the TenTrade Academy.

Education

TenTrade’s educational hub, the TenTrade Academy, offers a broad and well-organised selection of learning materials suitable for beginners through to more experienced traders. The academy offers live webinars, downloadable e-books, video tutorials, and written guides, providing users with multiple ways to learn at their own pace.

The range is impressively wide, covering introductory topics such as how forex trading works as well as more advanced areas like prop trading, trading psychology, and copy trading. Overall, the content feels structured, accessible, and designed to help traders build both foundational knowledge and practical skills.

The interactive components add meaningful value. Live webinars create opportunities to hear from market professionals and revisit recorded sessions later, while the e-books stand out for being concise and actionable. Titles like “The A to Z of Trading” and “Scalping Method: How to Trade Within a Day” provide clear explanations that can help traders apply theory into practice. As a whole, TenTrade Academy offers a solid mix of formats and topics, making it a valuable resource for anyone seeking to deepen their understanding of trading.

The bottom line

TenTrade delivers an accessible trading environment with flexible account options and a built-in funded-trader program that helps it stand out. Founded in 2019 and regulated in Seychelles, it provides key safeguards like segregated funds and negative balance protection, though its offshore oversight is lighter than that of top-tier regulators. Transparency is solid, with clear documentation and straightforward account terms.

Fees vary by account type. The ECN and Pro Plus accounts are competitive, while the Pro account is closer to industry averages. Some instruments, including GBP/JPY and the DAX 40, show wider spreads. On the other hand, TenTrade charges no deposit or withdrawal fees, which adds convenience for active users.

MT5 is the broker’s only platform, but it offers strong charting, fast execution, algorithmic trading support, and smooth performance across desktop, web, and mobile. Additional features like copy trading, PAMM accounts, and high-leverage options broaden the broker’s appeal. However, the absence of a real-time institutional newsfeed, VPS hosting, and alternative platforms may limit more advanced traders.

Overall, TenTrade works best for casual traders, day traders, and those interested in copy trading or funded-account growth. Swing traders and scalpers can use it effectively with some caveats, while long-term investors may find the platform’s CFD-only structure too limited for their needs.