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Pros

Various trading markets available, including forex, commodities, and indices.
User-friendly MT5 platform with advanced features and tools.
Educational resources through the Ten Academy, offering valuable training materials.

Cons

Offshore regulation may pose risks due to less stringent oversight.
Suspicious clone licenses flagged by regulatory bodies, raising concerns about legitimacy.
Limited access for clients from certain regions, including the United States.

TenTrade broker Accounts

TenTrade Account Type

TenTrade offers a variety of trading accounts to cater to different trading styles and preferences. The account types available include:

  • Pro Account:
    • Minimum Deposit: $25
    • Spreads: Starts from 1.2 pips
    • Commission: Zero commission
    • Leverage: Up to 1:500
    • Supported Instruments: Forex, cryptocurrencies, CFDs, and NFTs
    • ECN Account:
      • Minimum Deposit: $100
      • Spreads: Starts from 0 pips (raw spreads)
      • Commission: $3.5 per lot per side
      • Leverage: Up to 1:500
      • Supported Instruments: Forex, cryptocurrencies, CFDs, and NFTs
      • Bonus Account:
        • Minimum Deposit: $100
        • Spreads: Starts from 1.8 pips
        • Commission: Zero commission
        • Leverage: Up to 1:500
        • Bonus Program: 100% deposit bonus of up to $10,000
        • Supported Instruments: Forex, cryptocurrencies, CFDs, and NFTs

        These account types allow traders to choose the conditions that best fit their trading strategies and goals.

        TenTrade Broker Account Opening Process

        Opening an account with TenTrade is a straightforward process that involves several steps:

        • Visit the Official Website: Go to TenTrade's website and select your preferred language.

        • Register: Click on the "Register" or "Trade Now" button. Fill in your personal details, including your date of birth, country of residence, email address, and phone number. Agree to the terms of service and click "Continue."

        • Verification: After registering, you will need to undergo a verification process. Follow the on-screen instructions to provide scans or photos of documents that verify your identity.

        • Open a Real Account: Once verified, navigate to the "Accounts" section and click "Open a Real Account." Choose your account type, leverage, and currency, then click "Continue."

        • Deposit Funds: Go to the "Funds" section and click "Deposit." Select your preferred deposit method and follow the instructions to fund your account.

        • Download the Trading Platform: Choose the version of the MetaTrader 5 (MT5) trading platform that you need, download, and install it. Log in using the registration details you received when opening your real account.

        • By following these steps, you can start trading on TenTrade's platform with ease.

TenTrade accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
TenTrade Account