TenX Prime
We checked TenX Prime against the AskCheck register. It has been reported (2022) and carries the red flags below. Treat it with extreme caution.
Why it’s flagged
What we found
TenX Prime claims that its entity, TenX Prime Pty Ltd, operates as an Authorized Representative (AR) under regulation by the Australian Securities and Investments Commission (ASIC). However, our verification confirms that this AR authorization has been officially ceased. ASIC no longer permits TenX Prime Pty Ltd to conduct any financial services or brokerage activities. Similarly, TenX Prime asserts it holds a license from the Financial Sector Conduct Authority (FSCA). Upon checking the FSCA’s public registry, we found that the license number referenced by the platform is no longer associated with TenX Prime Ltd. Instead, it now belongs to a completely different company. The FSCA has effectively withdrawn its authorization for TenX Prime, rendering this claim invalid. Currently, the only verifiable registration for TenX Prime Ltd is with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. It is critical to understand that this is not a financial brokerage license. Rather, it is a basic registration as an International Business Company (IBC). Given these findings, TenX Prime appears to be engaged in fraudulent activities. It is a scam.
Assessment source: FastBull BrokersView.
What to do next
- Stop sending money. Don’t make another deposit, pay a “tax” or “release fee”, or share remote-access to your device.
- Gather your evidence. Save statements, chat logs, transaction IDs and the wallet addresses you paid to.
- Report it to your regulator and to local police / action-fraud line so it’s on the official record.
- Add your report here so the next person searching this name is warned — report TenX Prime.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.