Review Time
TenTrade Trade has been a great solution for beginners and experts as a whole . But this new rule is not favourable for traders at all. I am not a fan of this new rules .Its way too strict . But i understand they want to protect their investment. I might switch to their broker for now.
Been with tentrade for more than a year now and the experience has been good but their new profit score rule is the worst rule I have ever seen in any prop firm, capping a traders daily earning is really bad and not flexible for most traders, and if you make more than 10% of your account and you ask for withdrawal they will pay only the 10% and reset your account to break even, I can't recommend tentrade to anyone again
I have been trading with TenTrade for a while, mainly focusing on BTC and Gold. Unfortunately, the spread for BTC is extremely high — making it nearly impossible to trade profitably as a day trader. I prefer trading with low spreads, but with BTC here, the cost is so high that quick trades lose their edge.Other traders can also attest to this challenge, especially those who focus on scalping or day trading BTC. For someone like me who trades BTC and Gold most of the time, this makes the platform very limiting.That said, TenTrade is still a good prop firm overall, and I enjoy other aspects of their service. I just truly hope they can review and reduce their BTC spread, because otherwise it’s a huge disadvantage compared to other brokers offering tighter spreads.
Staying away from TenTrade is the beginning of wisdom. They are fraudsters changing their consistency rule every other week without informing their customers. I made about $4000 plus, and they took it and reset my account. My account was reset on 3 different occasionsI have indeed learnt the bad way.
This is the most terrible prop firm on earth. Changing of rules on weekly basis. Making too much profits is a taboo to them and I asked myself what is the main essence of trading if making profit is a problem. I wish I can attached screenshots of my details with them. When I threatened to write a negative review about them , they denied me login access to my dashboard . My profits denied so no just cause.
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