Thread: TenkoFx - TenkoFx.com

Traders seeking the most secure, accessible and responsive trading conditions always choose TenkoFX. We provide constant, split-second access to the markets via world-class trading platform MetaTrader, and with mobile apps that enable trading though your smart phone, tablet or other mobile device, from anywhere in the world, you will never miss an opportunity to make a successful trade.

SOURCE OF REVENUE

As a TenkoFX partner you will be remunerated with commissions based on the trading volume generated by your clients. Each transaction executed by one of your clients is a source of revenue for you. Trading volume commission is credited to your account on a weekly basis. The level of compensation is quoted in US dollars per $1mln USD traded and depends on the partnership program you join.

COMMISSION CALCULATION

The calculation of the commission per individual transaction depends on several factors:

1. Your current commission level (based on your partnership status)
2. The instrument being traded
3. The size of the transaction (in lots, check contract specification)
4. The current price of the asset / instrument

The examples below are based on the assumption of participation in the Introducing Broker program, with the status of Promo Master.

Currencies (FX major)

• Ex 1: Let’s assume that a partner brings in a client with 500 USD balance.
• The client executes 10 transactions each 1 lot EURUSD.
• 1 lot EURUSD = 100 000 EUR (136 250 USD) (with EURUSD rate = 1.3625)
• To execute a trade of 1 lot on EURUSD with a leverage of 1:500 a margin of 272 USD would be required.
• Trading Volume = 1 362 500 USD ( = 10 trnx * 100 000 EUR * 1.3625)
• Partner’s commission = 81.75 USD ( = 1 362 500 / 1 000 000 * 60 USD)
• FX major commission for Promo Master status = 60 USD per 1 mln USD

Currencies (FX minor)

• Ex 2: Let’s assume that a partner brings in a client with 500 USD balance.
• The client executes 10 transactions each 1 lot GBPCAD.
• 1 lot GBPCAD = 100 000 GBP (168 000 USD) (with GBPUSD rate = 1.6800)
• To execute a trade of 1 lot on GBPCAD with a leverage of 1:500 a margin of 336 USD would be required.
• Trading Volume = 1 680 000 USD ( = 10 trnx * 100 000 GBP * 1.6800)
• Partner’s commission = 134.4 USD ( = 1 680 000 / 1 000 000 * 80 USD)
• FX minor commission for Promo Master status = 80 USD per 1 mln USD

Metals (Gold)

• Ex 3: Let’s assume that a partner brings in a client with 500 USD balance.
• The client executes 10 transactions each 0.5 lot XAUUSD (Gold).
• 0.5 lot XAUUSD = 50 contracts (62 682 USD) (with XAUUSD rate = 1253.65)
• To execute a trade of 0.5 lot on XAUUSD with a leverage of 1:200 a margin of 313 USD would be required.
• Trading Volume = 626 825 USD ( = 10 trnx * 50 contracts * 1253.65)
• Partner’s commission = 125.36 USD ( = 626 825 / 1 000 000 * 200 USD)
• Metals commission = 200 USD per 1 mln USD

TenkoFX pays fixed commission per 1 mln of trading volume. The table below illustrates payable commissions depending on the instruments that are being traded and partner’s status. A partner can hold a status of Specialist, Promo Master, or Sales Leader depending on the trading volume generated by the partner’s clients.

REVIEW OF TENKOFX TRADING PLATFORMS

TENKOFX OFFERS YOU THE WORLD’S BEST AND MOST RELIABLE TRADING PLATFORMS, PREFERRED BY THE MAJORITY OF FOREX TRADERS. EACH OF OUR TRADING PLATFORMS DELIVERS AN EASY AND SECURE TRADING ENVIRONMENT, SUPPORTED BY AN EXTENSIVE ANALYTICAL TOOLKIT.

MetaTrader 4 is undoubtedly the most popular retail trading platform, chosen by Forex traders all over the world.




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Dear clients and partners

At TenkoFX we are constantly developing our services as we strive to meet the needs of all our clients. We are pleased to announce the launch of the new Farsi version of our website.

The Farsi version of our website will help even more clients receive all the information they need in their first language, making it even easier to trade profitably in the Forex markets.

We are sure that the new version of the website will become a valuable gateway between TenkoFX and our Farsi clients, facilitating profitable long-term relationships.

Best regards

TenkoFX

Withdrawal commissions reviewed

Dear customers,

We believe it is important for all our clients to be aware that money transfer systems charge TenkoFX fees for each incoming and outgoing transfer you initiate.

Account funding options like Skrill, Neteller or Credit/Debit card processing cost the company at least 3.5%. Withdrawals also incur significant transaction costs.

A quick glance at our Deposit & Withdrawal terms clearly shows that up until now, our company has covered these costs for our clients – partially or in full. We consider it important to convey this message to our customers, to ensure that this service is appreciated.

Unfortunately this practice of covering 100% of costs related to money transfers hampers the effectiveness of our business. It has therefore been decided that a cost sharing policy will be adopted going forward. Effective from the 10th of September TenkoFX will allow for 2 free money withdrawals within any 30 day period. If more than two withdrawals are made within 30 days, the costs of additional withdrawals will be transferred on to the client.

For full details please check the Deposit & Withdrawal terms with the Trader sections of the website. We appreciate your understanding regarding this necessary change and ask you to please avoid unnecessary recurrent in and out payments. It is our priority to run an efficient and cost-effective business, which ultimately supports our competitive trading terms for the benefit of our traders.

Kind regards,

TenkoFX Financial Department

The PAMM system from TenkoFX has never been so available!

Dear clients and partners

TenkoFX is delighted to announce that we have reduced the minimum investment amount required to open a PAMM trading account from $500 to $100. Thanks to this fivefold decrease, participation in the PAMM service is now more accessible than ever. Now all our clients have the opportunity to test their skills as a PAMM trading manager.

At TenkoFX we pay the uttermost attention to the development and improvement of our unique services, making them more effective and available as a source of additional income for our clients.

Best regards

TenkoFX.

WHY CHOOSE TENKOFX?

• STP technology eliminates broker involvement in your transactions!
• Second level pricing – we work only with major liquidity suppliers.
• Wide range of tools, dozens of currency pairs, metal and futures trading.
• MetaTrader 4 trading platform with a wide range of settings, easy to use interface and tools for analysis.
• Training materials for both beginner and experienced traders.

TERMS & CONDITIONS OF THE PROMOTION:

Bonus money does serve as additional margin against Margin Call and Stop Out trigger. However, the bonus will be cancelled and all positions closed when the Balance (not Equity) falls below the total currently active bonus amount.

Each transaction has to satisfy the following criteria:
a. Only closed transactions count
b. Trade has been on the market longer than 60 seconds.
c. The difference between the open and close price is bigger than MTP requirement for respective instrument as per the table.

How can I make a profit from doing business with TenkoFX?

There are several ways to earn money using our services. You can participate as:

• a trader - personally make deals in the market and earn profit from your trades
• an investor - choose an experienced manager to invest your capital and receive a share of the gains from their trades
• a manager - accept investments and receive a share of the profits on the trades you make for your clients
• a partner - attract customers and receive a percentage commission on their deals

What is the minimum amount I can invest?

The minimum deposit you will need to make depends on the type of account you open:
• MT4 Standard - $10
• MT4 Cent Standard - $10
• MT4 ECN - $200
• PAMM ECN - $100

Will the spread on my trades be fixed or floating?

The type of spread depends on the type of account you open:

• Standard (MT4) - fixed spread
• Cent (MT4) - fixed spread
• ECN (MT4) - floating spread

Do you want to know where is TenkoFx Representative in your country ? . see about in TenkoFx Representative office

NOTES:
1 Processing time: the time that it takes to credit the amount received to your Money Box. "instant" means fully automated processing without any interventions / reviews by the manager.

Processing time: Mon - Fri (9:00 am to 9:00 pm, GMT+4). Our Financial Department guarantees the processing of withdrawal applications submitted within the specified time frame. The delivery of funds to your bank account will depend on your chosen transfer method.
2 To initiate funds transfer from this page you have to be logged into your TenkoDESK workplace.
3 Ruble transfers could arrive within 1 day, if you initiate the transfer with your bank before 12:00 a.m. Bank wire transfers in other currencies could take 2 to 5 days to arrive.
4 You pay the sender's commission, if this charged by the transfer system you select.
5 Individual limits apply
6 This type of transfer is not available for the following countries: Yemen, Uzbekistan, Uganda, Chad, Syria, Sudan, Palestinian Territory, Pakistan, Philippines, Nigeria, Niger, Libya, Lebanon, Iran, Iraq, Indonesia, Ghana, Ethiopia, Eritrea, Algeria, Congo, DRC, Afghanistan.