TenXTrade
We checked TenXTrade 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
TenXTrade claims to be a registered trademark of TenXTrade (PTY) Ltd, a Juristic Representative of FSCA-regulated (the South Africa Financial Services Conduct Authority) Broker holding an FSP license. However, we did not find any match results to TenXTrade or TenXTrade (PTY) Ltd in FSCA. The regulatory information this broker claim is a false statement for unsuspecting traders. The truth is, TenXTrade is not under valid regulation by any regulators to do forex. Investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, 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 TenXTrade.
- Verify on the register. Cross-check the full entry on the SentFunds register before you trust anyone offering to help.