I'd like to highlight TenkoFX's fair promotion participation rules. Usually brokers impose the maximum orders frequency in order to increase their volume and reward leaders. There's no point in such promos! It would be a right thing to do to teach to make profit, and that is what implemented here. The absolute profit in pips is taken into account in "The Way of the Samurai" regardless the amount of orders. It can be even for a month! The received bonus nicely complements the deposit.
Tenko is not my first broker and, in comparison with others, I can say the position opening requirements are minimal here. Independent trading is quite comfortable. There are negative aspects as well. For example, things are hard with trading signals here. Of course, I use several platforms and have no shortage of information, but this can be crucial for others.
I'd like to share a few words about my broker – TenkoFX. TenkoFX does everything a fine broker should. The funds withdrawal is done in 24 hours, as promised. The commission for withdrawal depends on where (card, e-wallet) and what currency you withdraw. For example, the commission to withdraw to bank cards for usd is 1% + 2usd. If you need to withdraw crypt then the commission on btc is 0.001, and 0.01 on eth.
I mostly trade with crypt with them. I used to be skeptical about it, but realized that I was wrong. It's profitable to trade with crypt, and with TenkoFX it's also convenient. Crypto-account minimum deposit is $10, but other accounts can also be deposited with crypt. Crypt spreads are high, of course, but they are quickly compensated. There are BTC, LTC, ETH, BCH, digitalcash, etc, xpr currencies for trading (29 pairs with fiat money), so there're ways to trade. The only thing is to forecast everything correctly. And this, unfortunately, does not always happen.
It's cool that you can open an ecn account here starting only from 100$, what I did myself actually. There's nothing complain about so far, conditions are more or less okay, although sometimes it'd be better to have a more fixed spread. I've managed to withdraw a little bit of profit already, and regarding the payments, everything works well too.
I decided not to bother with trading with this broker. I just found one cool trader with myfxbook autotrade. So now I spend minimum time and get maximum result.
I had a bad experience with tenkofx a year ago. Everything was great with conditions and orders execution as well but when I decided to withdraw my first profit I was very disappointed when I was faced with withdrawal delay. Well, that's not acceptable to me.
You judge the company by the past. I've been trading with TenkoFX since last spring 2016 and I've never had any problem with funds withdrawing.
TenkoFX very good broker to me they are paid my proceeds, I've been using them since 2015, their platform accepts my trading systems and that's pretty good.
I trade with this company for a year and I can say that they have a good execution my orders and nice support. The company left positive expression to me. I use ECN account with low spreads.
The broker manipulates with prices! Don't trust them your money!