Tentrade Review

In this Tentrade review, you get a condensed look at how the broker handles forex trading and CFD products, what the trading platform offers, which account types exist, and where the firm faces regulatory concerns so traders can start trading with clear expectations.

TenTrade Review Summary

• Year Launched — 2010
• Registered Jurisdiction — Seychelles
• Oversight and Status — FSA authorization in an offshore setting; references to a suspicious-clone alert; CySEC also lists a suspected clone notice
• Tradable Markets — currencies, commodities, equity indices, shares, NTFs, and energy contracts
• Practice Environment — no demo account available (opening a demo account is not offered)
• Leverage Range — 1:1 through 1:500
• Typical Pricing by Account — PRO: spreads start near 1.2 pips; ECN: raw quotes from 0.0 pip plus commission; BONUS: pricing around 1.8 pips
• Platform for Trading — MT5
• Entry Deposit — $100 as the minimum to fund
• Client Help — 24/7 live chat; email support at support@ ; social channels on Facebook, LinkedIn, Instagram, Twitter, YouTube, TikTok, Telegram, and Discord; office location: CT House, Office No. 9A, Providence, Mahe, Seychelles
• Service Exclusions — not available to residents of the United States
• Promotions — bonus programs are present

Based in Seychelles since 2010, the broker operates as a forex broker offering CFD trading via MetaTrader 5, with three live account types and leverage up to 1:500; at the same time, CySEC has flagged an associated entity as a suspicious clone, which traders should factor into risk management and their trading strategies.

Advantages

• Diverse selection of markets — good for more than one trading style
• MT5 available — a multi-asset trading platform favored by experienced traders
• Popular payments supported — Visa/Mastercard, bank wires, Skrill, Neteller
• Live-chat help — round-the-clock access

Drawbacks

• Offshore framework — higher regulatory risk than top-tier venues
• Suspicious-clone notices — alerts from CySEC and references at the FSA
• US clients — accounts not accepted for that region

Under the name Evalanch Ltd, the company holds an offshore FX authorization from the Seychelles Financial Services Authority (license SD082), which places it within a lighter-touch regulatory environment compared with major onshore regimes in the financial markets.

Separately, warnings point to suspected cloning: CySEC lists Holiway Investments Ltd with an STP authorization (number 248/14), and the FSA references Milton Global Ltd with an FX license (SD040). Traders should evaluate these items before they open a position.

• Country — Seychelles | Authority — FSA | Status — Offshore authorization | Entity — Evalanch Ltd | License — retail FX authorization | Number — SD082
• Country — Cyprus | Authority — CySEC | Status — suspicious clone notice | Entity — Holiway Investments Ltd | License — STP approval | Number — 248/14
• Country — Seychelles | Authority — FSA | Status — suspicious clone notice | Entity — Milton Global Ltd | License — FX authorization | Number — SD040

Coverage extends to roughly forty symbols across contract for difference products in forex, commodities, indices, single-name equities, NTFs, and energy; this mix lets a trader balance market conditions and combine currency pair exposure with index or stock trading ideas.

• Offered — Forex
• Offered — Commodities
• Offered — Indices
• Offered — Shares
• Offered — NTFs
• Offered — Energies
• Not Offered — Cryptocurrencies
• Not Offered — Bonds
• Not Offered — Options
• Not Offered — ETFs
• Not Offered — Mutual funds

Three live account types exist for different needs: PRO, ECN, and BONUS. Each account taps MT5, uses the same maximum leverage, and targets distinct trading strategies depending on experience and capital.

PRO — Designed for newcomers who want straightforward pricing; the entry deposit is $100, spreads typically start around 1.2 pips, commissions are not charged, and execution is STP-style with leverage up to 1:500.

ECN — Built for experienced traders; minimum funding is $300, raw pricing can reach 0.0 pip, and a commission of $3.5 per lot per side applies; the account supports high leverage with STP routing.

BONUS — The lowest threshold at $50; spreads are wider at about 1.8 pips, there is no commission, and it suits those testing a smaller balance before they start trading forex more actively.

• Accepted Currencies — USD, EUR, GBP
• Max Leverage — up to 1:500 across all account types
• Commissions — PRO: $0; ECN: $3.5/lot/side; BONUS: $0

Position sizing can be flexible because leverage varies from 1:1 to 1:500 for every account; applied with care, this tool enables portfolio diversification and testing of different trading strategies, but prudent risk management remains essential when market conditions shift quickly.

The sole platform is MetaTrader 5, a multi-asset environment where traders can analyze charts, place CFD and forex orders, and manage an open position on desktop, mobile, or the web; MT4 is not provided, so users remain within MT5’s toolkit for indicators and automation.

• MT5 — supported on desktop, mobile, and web
• MT4 — not available for this broker

Funding and withdrawals are processed through Visa and Mastercard, local bank transfers, SWIFT wires, Neteller, and Skrill; once a balance is funded, a trader can begin cfd trading on MT5 and adjust their approach to fit the chosen trading platform and account type.