What is 10TradeFX?
10TradeFX is a forex and CFD broker based in Seychelles, listed with a foundation year of 2020. It offers leverage up to 1:300, spreads from 0.0 pips and a minimum deposit of $100. Clients trade on MetaTrader-5 Desktop, MetaTrader-5 Mac, MetaTrader-5 Android, MetaTrader-5 iPhone.
10TradeFx is an online trading broker which is based on the MetaTrader5 platform. This is supported on Windows, Android, and iOS/iPadOS. This is a webtrader along with separate software in different platforms which are based on MetaTrader5. MetaTrader5 offers the latest features and upgraded features of Metatrader. This platform gives the best facilities in trading.
This has four types of accounts available for trading. Silver, Gold, Platinum, and Pro are these four types of accounts. Each of these accounts offers a different level of minimum spread, facilities, and minimum amount of deposit. Among these four types of accounts, no one provides commission except the Pro account. Only in this account, commissions are allowed. All of these accounts provide the same level of leverage.
The silver account provides 3.0 pips of spread. The Gold account provides 2.0 pips of spread. The minimum spread in the Platinum account starts from 0.5 pips and the minimum level of spread in the Pro account is 0.0 pips. The lot restrictions are the same in all 4 types of accounts.
The minimum amount of deposit required in the silver account is $100, in the Gold account, this is $501. The minimum spread in Platinum is $5001 and in the pro is up to $10,000.
They provide safety to their client funds and they prioritize client privacy. 10TradeFx also has a very good risk management system. This broker keeps the client’s funds in a segregated bank account. The environment on their platform is very secure.
After al the regulatory license of this broker is suspicious.
Is 10TradeFX safe and regulated?
10TradeFX is regulated by 10tradeFX is a trade name of Evalanch LTD (hereinafter the "Company�) which is Licensed and regulated by the Seychelles Financial Services Authority. This is an offshore regulator. It sets capital and reporting rules, but its investor protection is lighter than tier-1 regulators such as the FCA (UK), CySEC (Cyprus) or ASIC (Australia), and there is usually no investor compensation scheme.
Safety checklist before you deposit
- Find the licence number on the broker's website and check it on the regulator's official register.
- Check that client funds are held in segregated bank accounts.
- Make a small first deposit and test a withdrawal before you add more.
- Confirm negative balance protection applies to your account type.
10TradeFX account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $100 minimum deposit.
| Account | Best for | Available |
|---|---|---|
| Mini account | Beginners trading small lot sizes | Yes |
| VIP account | High-volume traders wanting raw spreads | Yes |
| Islamic (swap-free) | Traders who need no overnight interest | Yes |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
10TradeFX provides MetaTrader-5 Desktop, MetaTrader-5 Mac, MetaTrader-5 Android, MetaTrader-5 iPhone, so you can trade from any browser without installing software.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.0 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:300 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
10TradeFX supports 5 funding methods, including Visa, MasterCard, American Express, Skrill, Neteller. Accounts can be held in 3 base currencies (USD, EUR, GBP), which helps you avoid conversion fees.
10TradeFX bonus: <p>There is no welcome bonus this broker is providing</p>
How the promotion works
The current 10TradeFX promotion is <p>There is no welcome bonus this broker is providing</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the 10TradeFX website before you trade for it.
Check the promotionLooking for free trading credit instead? Compare the latest forex no deposit bonus offers and forex deposit bonuses.
10TradeFX pros and cons
Pros
- Raw spreads from 0.0 pips
- Scalping and hedging allowed
- News trading allowed
- Islamic, VIP, Mini and managed accounts
- 5 deposit methods
Cons
- Only offshore regulation
- No investor compensation scheme
- $100 minimum deposit is higher than some rivals
How to open a 10TradeFX account
- RegisterVisit the 10TradeFX website and sign up with your name, email and phone number.
- Verify your identityUpload a passport or national ID and a recent proof of address (KYC).
- Choose an accountPick Islamic, VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $100 with Visa, MasterCard, American Express or another method.
- Start tradingLog in to MetaTrader-5 Desktop, MetaTrader-5 Mac, MetaTrader-5 Android, MetaTrader-5 iPhone and set your risk per trade.
Is 10TradeFX a good broker? Our verdict
10TradeFX suits active traders who want raw spreads, freedom to scalp or trade the news, plus a wide choice of payment methods. The main trade-off is regulation: an offshore licence gives less protection than a tier-1 regulator. Start small, test a withdrawal, and only trade money you can afford to lose.