What is TenX Prime LTD?
TenX Prime LTD is a forex and CFD broker based in Saint Vincent and the Grenadines, listed with a foundation year of 2020. It offers leverage up to 1:2, spreads from 0.1 pips and a minimum deposit of $25. Clients trade on MetaTrader4 for Windows, iOS, android, and WebTrader and on mobile.
TenX Prime LTD is an online trading broker that trades for Forex and Cryptocurrencies. This broker is based on the MetaTrader4 platform. This broker has software for android, iOS, and Windows. Besides having software for different platforms, this is also available as a webtrader.
TenX Prime LTD has both Live and Demo accounts available for traders. Clients can do real trading and invest their money along with making money by trading on a Live account. On the other hand, clients can learn trading along with gaining experience even without any risk of losing money by using the Demo account. This account also doesn’t need any funding.
There is a live account named TenX MT4. This account starts with a minimum deposit of $25. This account is recommended for beginners. This account has dynamic leverage at 1:500. The spread starts from 0.1 pips. This account doesn’t charge commissions.
TenX Prime LTD currently only accepts clients from Asia & the Pacific confederation specifically from South East Asia. TenX Prime LTD does not provide services to residents of the Americas region, Arab states, CIS countries, and European nations.
Is TenX Prime LTD safe and regulated?
TenX Prime LTD is regulated by TenX Prime LTD has no regulatory. 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.
TenX Prime LTD account types
The broker offers several account options so beginners and experienced traders can choose the right fit. Accounts open from a $25 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 | No |
| Managed account | Investors who prefer a money manager | Yes |
Trading platform and conditions
TenX Prime LTD provides MetaTrader4 for Windows, iOS, android, and WebTrader, so you can trade from any browser without installing software. Mobile trading is supported as well.
- Scalping and hedging are permitted, which suits short-term and EA-style strategies.
- News trading is allowed during high-impact economic releases.
- Spreads from 0.1 pips are available on raw pricing, with a commission per lot.
- Leverage up to 1:2 gives large position sizes from a small deposit, which also raises the risk of fast losses.
Deposits and withdrawals
TenX Prime LTD supports 1 funding method, including Bank Transfer. Accounts can be held in 2 base currencies (USD, EUR), which helps you avoid conversion fees.
TenX Prime LTD bonus: <p>This broker is not providing any welcome bonus</p>
How the promotion works
The current TenX Prime LTD promotion is <p>This broker is not providing any welcome bonus</p>. Entry rules, dates and eligible countries are set by the broker. Read the full terms on the TenX Prime LTD 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.
TenX Prime LTD pros and cons
Pros
- Raw spreads from 0.1 pips
- Scalping and hedging allowed
- News trading allowed
- VIP, Mini and managed accounts
Cons
- Only offshore regulation
- No investor compensation scheme
- No Islamic account listed
How to open a TenX Prime LTD account
- RegisterVisit the TenX Prime LTD 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 VIP, Mini, managed or a standard account, and your base currency.
- Fund the accountDeposit at least $25 with Bank Transfer.
- Start tradingLog in to MetaTrader4 for Windows, iOS, android, and WebTrader or the mobile app and set your risk per trade.
Is TenX Prime LTD a good broker? Our verdict
TenX Prime LTD suits active traders who want raw spreads, freedom to scalp or trade the news. 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.