10TradeFX is a Forex broker, that is based out of Cyprus offering MT4 trading. They are owned by Holliway Investments Ltd, located at: 30 Tempon Street, Engomi 2408, Nicosia, Cyprus. Their phone number in Cyprus is: +357 22 277788.
Customer support email address is: [email protected]
10Trade FX is offering the standard MetaTrader4 trading platform for Forex & Crypto Currency CFD investing. They have a large education department with online videos, seminars, one on one training, ebooks. Their platform is available in the following languages; Polish, Vietnamese, Russian and English, as they are a global Forex broker.
Three types of accounts are available for new clients. The minimum deposit for a Silver account is $200.
10TradeFX License Check
The most important thing we look at when we review a CFD Forex broker, to determine if they are a legit broker or a scam broker is very simple. Are the licensed and regulated by CySEC in Cyprus? Do they fall under the MIFId regulatory rules in the European Union (EU)? Are they registered with the FCA in the United Kingdom?
10TradeFX received a license from Cyprus Securities and Exchange Commission, license number 248/14. As a CySEC licensed Forex broker, 10Trade does not accept traders from Canada or the United States. Since they are licensed by CySEC, this makes them a legitimate Forex CFD broker.
One of the many benefits of using a regulated Forex broker, is the ability to take complaints directly to a financial regulator for resolution. Typically, regulated brokers have a much better reputation than their unlicensed peers.
Compare Forex Brokers
The best forex broker is a very general statement, because each investor has their own needs and requirements from their broker. However, a smart investor will always have their main broker, and another broker as a backup. You can see our list of most popular brokers.
Register your Free Trading Account at: ForTrade.com.