tentrade.com

4.2
4.2 Based on 745 reviews

...

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Jeb
A Scam Broker

TenTrade filled my trade SEVEN seconds after I placed the order—and at a non-existent price level, 180 pips above the highest price of the day and any other broker I checked! As a result, I lost 70% of my account.When I complained, they responded that their investigation found everything to be "correct" and then proceeded to close my account.I filed a complaint with the FSA in Seychelles, but I don’t expect the regulator to take any action. That’s precisely why these brokers register offshore—to exploit traders without facing any sanctions. Traders have no rights here and receive no protection whatsoever. This will be my last offshore broker.Don't trust the 5-star reviews that will appear after mine—they are fake and intended to cover up negative reviews like mine and many others.****** Answer on Reply from TenTrade ******No, you’re not sorry, and no, you don’t regret it. I sent you three letters providing all relevant information and evidence of your misconduct. I repeatedly asked for proof of your so-called “investigation,” but you never provided it.How could you possibly justify filling my order 180 pips above the highest price of the day—both on your platform and with other brokers? You did this SEVEN seconds after the news release, precisely when spreads, market conditions, and liquidity had already returned to normal. That is when you decided to fill my trade!You’re simply exploiting the lack of regulation in your offshore jurisdiction to steal traders’ money without facing any consequences.

1
Date of experience: Jan 03, 2025

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