Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
TenTrade Pros & Cons
- There is a free demo account, and the minimum deposit for a real account is only $25.
- Three account types with different trading conditions allow traders to work at their own pace with complete freedom of action.
- Hundreds of trading instruments combined with moderate leverage provide high-profit potential.
- The social trading service enables traders of any level to earn through investing.
- The prop-trading feature allows experienced players to start trading with larger capital and minimal investment.
- The Ten Academy includes a significant volume of helpful information and analytical tools, making trading more accessible.
- Traders work through the MT5 trading platform, including web, desktop, and mobile versions of the software.
- Traders do not have access to other trading platforms besides MetaTrader 5.
- There are some regional restrictions, and residents of certain countries cannot become this broker’s clients.
- Client support operates 24/5 and lacks a call center.
In addition to a free demo, a trader can open one of three real account types — Pro, ECN, or Bonus. The accounts differ in spreads and commissions. Spreads start from 0 pips, and the trading fee is either absent or amounts to $3.5 per full lot. This broker provides access to the following markets: currency pairs, NFTs, CFDs on indices, stocks, commodities, and cryptocurrencies. The leverage ranges from 1:1 to 1:500, with no trading restrictions; and scalping, hedging, news trading, and the usage of advisors are all allowed. The company offers a proprietary copy trading service for passive user earnings. TenTrade also provides traders with its prop capital for trading after they pass the evaluation. There are five tariffs with a one-time fixed fee starting from $300, and the company provides up to $500,000. A unique service is the Ten Academy, which includes dozens of tools for technical and fundamental analyses and plenty of educational materials. The platform regularly hosts lectures and seminars, and there is a personal coach service available.
TU Expert Verdict
TenTrade carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
Top-5 Brokers Traders Prefer
TenTrade User Reviews
-
5-star
0%
-
4-star
50%
-
3-star
50%
-
2-star
0%
-
1-star
0%
-
Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of TenTrade have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of TenTrade with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, TenTrade’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
TenTrade Standard spreads TenTrade OANDA FOREX.com EUR/USD min, pips 0.6 0.1 0.7 EUR/USD max, pips 0.8 0.5 1.2 GPB/USD min, pips 0.6 0.1 0.9 GPB/USD max, pips 0.8 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
TenTrade RAW/ECN spreads TenTrade OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.50 3.5 5 EUR/USD avg spread 0.10 0.15 0.2 GBP/USD avg spread 0.10 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with TenTrade. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
TenTrade Non-Trading Fees TenTrade OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is TenTrade Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.2 /10TenTrade has a safety score of 4.2/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
TenTrade Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FSA (Seychelles)
Full Name Financial Services Authority of Seychelles Country of regulation Seychelles Investor Protection Fund No specific fund Regulation Level Tier-3 TenTrade Security Factors Foundation date 2021 Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.4.1 /10TenTrade offers the following account options: Standard, ECN/Raw spread, Micro.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Low minimum deposit
- Standard account with balanced trading conditions
- No VIP account option
- No Demo account
TenTrade account types vs top competitors TenTrade Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo NoYesYesCent NoNoNoMicro YesNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoTenTrade accounts trading conditions
If a broker offers multiple real accounts that differ significantly, it is worth carefully studying their conditions. However, with TenTrade, it's simpler, because the real accounts have mostly the same trading conditions, with differences in spreads and trading commissions only. In this regard, traders rely more on personal preferences. There are no questions about the trading platform either, as this broker's clients can only work with MetaTrader 5.
However, it is worth noting that the platform has three versions – web, desktop, and mobile. If a trader has never worked with a smartphone, it may be worth trying it, as it is the most convenient option for many. Regarding the account currency, there are usually no questions as traders choose between USD, EUR, or GBP, based on their everyday currency usage. Lastly, clients can select leverage size ranging from 1:1 to 1:500. As leverage increases, profit potential grows, but so does the risk.
Account types:
Account Type Description Pro The minimum deposit is $25, floating spreads start from 1.2 pips, with no commission. Traders can trade with leverage up to 1:500, and all broker pool assets are available. ECN The minimum deposit is $100, floating spreads start from 0 pips, and $3.5 commission per standard lot. Account currency options include USD, EUR, or GBP. Bonus The minimum deposit is $100, floating spreads start from 1.8 pips, with no commission. A copy trading service, Ten Academy, and other features are available. Usually, if a trader has not worked with a platform before, they first open a demo account. On the demo account, they can trade with virtual funds without financial risk. This is an excellent opportunity to explore the platform's features and refine trading strategies. Then, the user transitions to a real account, making a choice based on individual preferences. Upon request, any account type can be converted to swap-free (Islamic).
-
Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6.3 /10TenTrade received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
TenTrade provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- No withdrawal fee
- Bank wire transfers available
- No deposit fee
- Minimum deposit below industry average
- Only major base currencies available
- Wise not supported
- USDT payments not accepted
What are TenTrade deposit and withdrawal options?
TenTrade provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller.
TenTrade Deposit and Withdrawal Methods vs Competitors TenTrade Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are TenTrade base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. TenTrade supports the following base account currencies: USD, EUR, GBP.
What are TenTrade's minimum deposit and withdrawal amounts?
The minimum deposit on TenTrade is $100, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact TenTrade’s support team.
-
Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.8 /10TenTrade offers a limited selection of trading assets compared to the market average. The platform supports 135 assets in total, including 40 Forex pairs.
- 40 supported currency pairs
- Indices trading
- Crypto trading
- Futures not available
- Limited asset selection
Supported markets vs top competitors
We have compared the range of assets and markets supported by TenTrade with its competitors, making it easier for you to find the perfect fit.
TenTrade Trading.com Plus500 Currency pairs 40 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 135 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products TenTrade offers for beginner traders and investors who prefer not to engage in active trading.
TenTrade Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading YesNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at TenTrade by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.9 /10We successfully registered an account with TenTrade in 10 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at TenTrade is $100. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Low minimum deposit requirement
- Fully online account opening process
- Fast registration time (up to 15 minutes)
- Account approval may require extra time depending on the documentation.
TenTrade account opening TenTrade Trading.com Plus500 Online Registration YesYesYesMinimum deposit $100 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 10 20 KYC time (days) 2 2 3 Is TenTrade available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start a partnership with this broker, you need to register, undergo verification, open a real account, make a deposit, and download the trading platform. The experts at TU have prepared a guide that describes the entire process step by step and presents the features of the user account.
Go to this broker's official website. In the top menu, select your preferred language interface. Click on "Register" or "Trade Now".
Indicate whether you are an individual or a corporate client. Choose your salutation. Provide your date of birth and country of residence. Enter your email address and phone number, as well as any available promo code. Agree to the terms of service by checking the box. Click on "Continue".
You have entered the user account, and now it's time to undergo verification. Follow the instructions on the screen. Provide scans/photos of documents that verify your identity.
Go to the "Accounts" section. Click on "Open a Real Account." Specify the account type, leverage, and currency. Click on "Continue”.
Go to the "Funds" section. Click on "Deposit." Choose the deposit method and follow the instructions on the screen.
Go to the "Downloads" section. Choose the version of the MetaTrader 5 trading platform that you need. Download and install the software. Log in to the platform using the registration details you received when opening the real account. Start trading.
Your TenTrade user account also provides:
- In the "Accounts" section, traders can open and close real and demo accounts.
- The "Funds" section handles depositing, withdrawing, and internal transfers, as well as provides transaction histories.
- In the "Profile" section, traders can enter or update personal information and communicate with support.
- The "TenTrade Academy" block offers educational courses and analytical tools. The "Downloads" block contains the latest MetaTrader 5 trading platform distributions.
- The "Economic calendar" section provides an analytical tool.
- Through the "WebTrader 5" section, users can access the web version of the MT5 platform.
- The "Funded Trader" section allows participation in the corresponding program.
- The "CopyTrading" section enables becoming a signal provider or investor and accessing the copy trade service.
-
Customer Support
Score:We evaluated Customer Support at TenTrade by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria6 /10Customer support at TenTrade is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. TenTrade provides basic support functionality but does not stand out in overall service performance.
InformationClient support is essential for any broker, as traders often encounter situations where they need assistance. Support needs to be prompt and competent. Otherwise, clients may become disappointed and switch to a competitor, especially if unresolved issues lead to financial losses that occur repeatedly. That's why brokers, for the most part, carefully monitor the performance of their support teams and strive to maintain a high level of service. At TenTrade, client service operates 24/5, meaning it is available around the clock but only on weekdays. Communication channels include email, live chat, and tickets. Clients have no complaints regarding the competence and responsiveness of this broker's support team.
- There are various ways to contact client support.
- Specialists are available not only during the day but also at night.
- You don't need to be a client of this broker to seek assistance.
- The company does not have a call center.
- Client support is unavailable on weekends.
Whether you are already working with this broker or are considering starting a partnership, reach out to support with your relevant questions. Current communication channels include:
- Email.
- Live chat on the website and in the user account.
- Tickets are on this broker’s website.
TenTrade has profiles on social media platforms such as Facebook, LinkedIn, Instagram, Twitter, and YouTube. You can also contact the managers through those channels. It's worth subscribing to this broker's accounts to stay updated on their news.
Contacts Foundation date 2021 Registration address 23 Raith Avenue, Southgate, London N14 7DU, England Regulation FSA Seychelles Licence number:
SD082Official site https://tentrade.com/en/ Contacts support@tentrade.com
Best TenTrade Alternatives
FAQs
How do reviews assess TenTrade’s regulation and overall safety level?
The review states that TenTrade has a safety score of 4.2/10, which corresponds to a low security level in the Traders Union assessment. The broker is regulated by the Financial Services Authority of Seychelles (FSA), a Tier-3 regulator, and offers negative balance protection and mandatory KYC, but it lacks Tier-1 regulation, an investor compensation fund, and a long track record, as it was founded in 2021.
What commissions and fees structure does TenTrade offer according to the review?
The review rates TenTrade’s overall fees as low, with a fees score of 8/10, and highlights tight EUR/USD spreads on Standard accounts (typically 0.6–0.8 pips) and a RAW/ECN commission of $3.50 per lot with average EUR/USD and GBP/USD spreads of 0.10 pips. It also notes that TenTrade charges no deposit, withdrawal, or inactivity fees, while spreads and RAW/ECN pricing may vary with market conditions and volatility.
What do TenTrade user reviews and feedback say about overall satisfaction?
The user satisfaction score for TenTrade is 7/10, based on two published reviews, with 50% of ratings at 4 stars and 50% at 3 stars. According to user reviews, this distribution indicates a mixed but moderately positive experience, with no 1-star or 5-star ratings reported in the section.
What markets and tradable assets are available at TenTrade according to reviews?
The review notes that TenTrade offers 135 total tradable assets, including 40 currency pairs, along with access to stocks, commodity futures, cryptocurrencies, and stock indices, but no options or bonds. It also mentions that the broker provides a copy trading service and some investment-style features, while overall asset selection is described as limited compared to the market average.
How do reviews describe the TenTrade account opening process and requirements?
The review explains that opening an account with TenTrade is fully online, took 10 minutes for registration, and about 2 business days for KYC verification, with a minimum deposit of $100. It describes a multi-step process involving registration, document verification, real account setup, funding, and platform download, and notes that account approval time can vary depending on the documentation provided.
Articles that may help you
-
#For Beginners
TenTrade Fees and Spreads (October 2026)
October 2026 Andrey Mastykin -
#For Beginners
TenTrade Minimum Deposit and Funding Options
October 2026 Andrey Mastykin -
#For Beginners
Is TenTrade Regulated and Safe in 2026
October 2026 Mikhail Vnuchkov -
#For Beginners
TenTrade Deposit Bonus and Welcome Bonus 2026
October 2026 Ivan Andriyenko -
#For Beginners
TenTrade Available Countries – Full List (2026)
October 2026 Peter Emmanuel Chijioke -
#For Beginners
TenTrade Withdrawal Fees, Time & Payment Methods (2026)
October 2026 Parshwa Turakhiya -
#For Beginners
Bank Of Korea's Foreign Exchange Interventions: A Comprehensive Overview
October 2026 Andreas Kristo -
#For Beginners
Best Indicators For Effective 1-Minute Scalping Strategy
October 2026 Maxim Nechiporenko -
#For Beginners
Best Forex Brokers That Allow Hedging In 2026
October 2026 Igor Krasulya