|Journal status: |
- Full listing profile: TenkoFX broker profile
Is TenkoFX safe?
- Investor protection: no
- Regulation: not regulated
- Registration: no
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is TenkoFX trusted?
- Information transparency: high
- Customer service: ...
- TenkoFX website: highly detailed, updated
- TenkoFX popularity (by visitor count): low visits
How TenkoFX works
Fast execution with no dealing intervention
Price aggregation from numerous liquidity suppliers, including JPMorgan, GOLDMAN Sachs, LMAX, Deutsche Bank AG, Morgan Stanley and others
3.1. ... All Client orders are executed Over-The-Counter by TenkoFX acting in a capacity of a principal counterparty to the Client.
b. Market Execution Order – means an order submitted via MetaTrader4 to buy or sell the Base currency or a CFD at the current market price that is currently available in the market. The system automatically aggregates the volume received from third party liquidity providers and executes the Market Order at a volume-weighted average price that is a product of best available price at the time of the execution for a given volume of the order.
4.3. Upon submission of an Instant Order the Client may receive a re-quoting request. TenkoFX will re-quote Instant Orders if the requested price originally specied by the Client is not available anymore.